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Chart and information from www.weloveaustin.com

Neglected real estate market niches, by Jim Woodard

Many Realtors and their associates are neglecting important and growing niches in today’s real estate market, according to Frances Martinez Myers, one of the speakers at the recent Realtors Conference & Expo. For example, immigrants represented 40 percent of new household formations between 2000 and 2005, and their numbers are still growing dramatically, it was noted. In the 25-to-34 age group, about 20 percent of the population is now foreign-born. And about 14 percent of recent homebuyers are immigrants. Those immigrants value homeownership as much as native born citizens. Read the rest of this entry »

Here are two articles regarding President Bush’s response to the Subprime Home Loan mess:

Wall Street Journal:  http://online.wsj.com/article/SB119696216000715924.html?mod=hpp_us_whats_news

http://rismedia.com/wp/2007-12-06/president-bush-unveils-plan-to-help-12-million-subprime-loan-victims/