Great news friends – homebuyers in the DFW metro (and surrounding areas) will see increased purchasing power thanks to FHA’s decision to increase loan limits beginning his January (2016). Previously the max loan amount for Dallas – Fort Worth area was $310,500 which means buyers could buy a $321,750 home by putting the very minimum down. However, as of […]Read More FHA Increased DFW Area Loan Limit! and other useful FHA tidbits
Great news friends – buyers in the DFW metroplex (and surrounding areas) will see increased purchasing power thanks to FHA’s decision to increase loan limits beginning in January 2014. Currently the maximum loan amount for the DFW area is $271,050. With a 3.5% down payment (FHA’s minimum down payment requirement) this yields a purchase price […]Read More FHA increases loan limits in DFW for 2014
so i keep talking about this housing demand tsunami and you’re probably wondering what i’m referring to (maybe). well, first of all if you know me or have read my articles you’ll know i was born and raised at camp positive. my glass is always half full…..and sometimes its just overflowing with abundance – much […]Read More housing demand tsunami swelling in DFW!
the national weather forecast is cloudy…..with a chance of DFW (aka sunshine). just in case you missed the positive news in the local rag this morning (or maybe you were just in such shock that you didn’t believe they were actually printing something worthy of lifting one’s spirits up!) the headline story reads “area’s home […]Read More DFW home sales AND prices SOAR!
fannie mae polled the nation asking whether or not it was a good time to buy a home. guess what?? nearly two-thirds of America responded with a “YES”. this was basically the same p0ll results (66% v. 64%) from their 2003 survey JUST before the start of the nationwide run up on prices. you may be […]Read More two thirds of America think the time to buy is right now!
just in case you missed the star-telegram article let me be the first to tell you that housing starts in DFW for single family homes took their sharpest quarterly jump since 1983! Q1 of 2010 builders started 3460 houses in north texas which represents a 59% jump from Q1 of 2009 when only 2172 houses were […]Read More housing starts up 59% in DFW!
why am i STILL glad to be invovled in real estate AND live in Dallas-Fort Worth?? business is still healthy here in the metroplex and the horizon continues to look even healthier. according to a new study released by audit and tax firm KPMG LLP on tuesday DFW ranks fifth in the nation for its […]Read More DFW ranks 5th for business affordability!
you’re in the business of helping families who are buying and selling real estate, right? so why should you get excited that RENTAL demand has jumped? first let’s talk about the jump. during the last 3 months DFW net apartment occupancy has jumped by more than 6,500 units….that’s the STRONGEST performance in more than 2 […]Read More DFW apartment demand jumps – why is this good news for real estate?
once again the doom & gloom talking heads insist on using their scare-tactics to suck in viewers. give me ONE good reason WHY the doom & gloom MUST cry the sky is falling?? The Case-Shiller Home Price Index can be interpreted in many different ways. the doom & gloom likes to focus on the negative (shocker!) […]Read More Doom & Gloom media says home prices are down again?