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The Right Time to Buy?
Posted on 26. Jan, 2010 by toniarney.
Mortgage rates have been very low for quite some time. It was only, August 2008 when gas prices were approaching $4.00 a gallon and inflation was the primary concern that homeowners were gleefully taking mortgages at 6.5%. Then a colossal market collapse sent the economy to the brink of chaos. Banks were being bailed out, [...]
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Foreclosures rise for D/FW
Posted on 20. Jan, 2010 by toniarney.
Dallas-Fort Worth will start the new year with a surge in home foreclosure postings. Almost 5,900 homes are scheduled for foreclosure next month in the four-county area, according to Foreclosure Listing Service (FLS). That’s a 45 percent jump in foreclosure filings from January 2009. But as in previous months, a big part of the current [...]
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Housing Market Fallout
Posted on 17. Jan, 2010 by toniarney.
After the Fallout By Mark G. Dotzour A year has gone by since the real estate mortgage markets experienced the first day of “nuclear winter.” For three or four years prior to July 2007, the credit markets for real estate lending were on fire. The thinking among the “smart money” on Wall Street was [...]
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D/FW Foreclosures Surge
Posted on 05. Jan, 2010 by toniarney.
Dallas-Fort Worth will start the new year with a surge in home foreclosure postings. Almost 5,900 homes are scheduled for foreclosure next month in the four-county area, according to Foreclosure Listing Service (FLS). That’s a 45 percent jump in foreclosure filings from January 2009. But as in previous months, a big part of the current [...]
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Housing Market in D/FW Expected to Rebound
Posted on 29. Dec, 2009 by toniarney.
After slogging through two years of decline, the North Texas housing market is headed for a rebound in 2010. The only question, analysts say, is how strong the bounce-back will be. And that depends on the economy, of course. “Any sustained turnaround in sales and construction activity will definitely depend on the economy and job [...]
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“Mild not Wild” Rebound in Housing for 2010
Posted on 19. Dec, 2009 by toniarney.
Mild, not wild, rebound for housing sector in DFW area (Housing : Dallas-Fort Worth-Arlington) 12/14/2009 (North Texas) - New home construction and existing home sales are expected to strengthen in 2010, although the rebound will be mild, not wild, housing industry experts say. Analysts predict North Texas will end 2009 with about 13,000 new home starts, [...]
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Home sales spike!
Posted on 08. Dec, 2009 by toniarney.
(North Texas) - The North Texas housing market came roaring back in November. Preowned home sales rose by 31 percent last month from a year ago — one of the biggest such increases on record. Median home sales prices were up 5 percent. The big jump in residential transactions came as large numbers of homebuyers rushed to [...]
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Short Sale Guidelines
Posted on 05. Dec, 2009 by toniarney.
WASHINGTON (Associated Press) – Guidelines for short sales to help homeowners who need to sell their houses but cannot secure contracts at a high enough price to pay off their mortgages have been revised by the Treasury Department. The plan was created to aid homeowners whose income or debt is too low to qualify them [...]
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December is the time to Buy!
Posted on 28. Nov, 2009 by toniarney.
With unemployment rates still high and looming holiday expenses, many home sellers are extremely motivated to sell immediately and are more willing to negotiate a lower home price. Properties that are on the market over the holiday season usually are very serious sellers. While many owners are anxious to get their home sold before the end [...]
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December Events in Rockwall
Posted on 19. Nov, 2009 by toniarney.
Tuesday, December 1, 2009: Ribbon Cutting Event for Sharon’s Playground Learning Center located at 4368 Hwy. 276 in Rockwall from 1:20 p.m. to 1:50 p.m. Tuesday, December 1, 2009: “World Aids Day” presented by Dr. Debbie Bridges from 7:00 – 8:00 p.m. Contact Bobby Montgomery at 866-525 LPMC for more information. Saturday, December 5, 2009: [...]
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