Security and safety experts agree that Real Estate Professionals put themselves at high risk every day while on the job. The National Association of Realtors published this article The 6 Most Dangerous Everyday Situations to help agents guard themselves. NAR published this article just this past year Attacks Against Real Estate Professionals Surge which include […]Read More Are Real Estate Professionals the most Attacked Professionals?
The US Government reopened yesterday, October 17th 2013……so why might there STILL be closing delays on real estate purchases? Mortgage lenders need the IRS and the Social Security Administration to validate a couple of things when underwriting a loan. 1. the IRS is needed to validate tax returns. Lenders send an IRS form 4506t which […]Read More Government shutdown gone! Now closing delays??
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although rates are STILL at extreme historic lows this week has been anything but good for potential home buyers and those thinking of refinancing. mortgage rates, on average, are up ~20 basis points (that’s almost a quarter of a point in laymen’s). not to worry, this isn’t a death sentence – the Fed states they […]Read More Radio Cole AND what’s UP with rates??
well, can’t say you weren’t forewarned! as we discussed a few months back and then again just last week the government is increasing the cost of real estate loans in effort to pay for the “non-tax payer funded” temporary payroll tax cut extension. no, there’s not a tax hike, per se, however, if you are […]Read More FHA insurance cost going up…on April fool’s day…perfect
before the end of the year congress and the president agreed to extend the payroll tax cut. in that bill there were two items of interest for those involved in real estate. i seem to remember hearing the president admit that a healthy real estate market is what our country needs to turn things around…….what […]Read More so glad the president ‘says’ we need a healthy real estate market….right…
according to MetroStudy we are on track for a modest gain in housing starts in 2012. The latest data from the federal government suggested that starts were up in December (the level was up 4.1%, +/- 11.6%). The government data lacked some detail, of course. MetroStudy’s own new data show that starts rose in the […]Read More housing starts to increase in 2012? yes and thank you!
In spite of a slow recovery from the national recession…Houston, Austin and San Antonio have already recouped all the jobs lost and Dallas-Fort Worth has regained nearly 70% of it’s lost jobs. This job growth has been spurred principally by the resurgent oil and gas industry. Texas’ heavy concentration of companies in the the oil […]Read More DFW regains 70% of jobs lost = most competitive state!
november marks the FIFTH straight month that home sales have increased in North Texas, according to the Texas A&M Real Estate Center’s report released last Thursday. last month 4,855 homes were sold representing a 13% increase over November 2010. FURTHERMORE this increase brought our year-t0-date numbers back to level – which had been lagging since the […]Read More 4,855 home sales, 138% Southlake, and DFW Rocks!
fewer homeowners with mortgages in Fort Worth-Arlington are underwater on their loans, according to CoreLogic, a provider of info, analytics and biz services. their report shows that in Fort Worth-Arlington 11.3% of all residential properties with a mortgage were in negative equity in the 3rd quarter (down from 12% in the 2nd quarter). In a recent […]Read More fewer FW-Arlington homeowners in negative equity!