Housing Market

May 24, 2012

Summer is heating up...but we're still seeing record lows!

I'm going to keep this short and sweet and let the data speak for itself. If you've been thinking about getting into a new home and will be financing that purchase then you are in luck. We're still witnessing record level housing affordability.

"The average rate for …

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April 27, 2012

Today is a great day!

Robert Griffin III was drafted number two overall by the Washington Redskins (sorry Cowboys fans,) Spring is fully in the air here in North Texas and oh by the way, the real estate market in our area is very very active.

After several lunch meetings lately with very very good …

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April 23, 2012

The truth about foreclosures in Richardson

I was out in a foreclosure open house this past weekend and I had a neighbor stop by concerned about how many foreclosures there are right now. This is a really common occurrence with neighbors being concerned about their property values (who can blame them?) and worried about the negative …

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April 5, 2012

There is something funny going on in the housing news...

If you've been following the housing market in any way in the news within the last few years you've seen a good amount of negative news. The information from the major news networks haven't exactly told the whole story since they take a national viewpoint and housing …

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March 26, 2012

The Sky Is Falling!

The housing market is awful, isn’t it? I mean ghost towns are everywhere, the American dream is dead, and who knows how the few people who can get a mortgage are doing it. Let’s be honest, why would anyone want to work in real estate, let alone purchase a house …

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March 14, 2012

A 14-Year-Old Girl Just Bought A House In Florida

Luckily, the housing market in Texas never got as bad as it did in Florida but there are still plenty of opportunities for amazing house deals to be purchased in the Dallas area.

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Meet Willow Tufano, age 14: Lady Gaga fan, animal lover, landlord.

In 2005, when Willow was …

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Posted in Housing Market
March 8, 2012

Housing is affordable: what are you waiting for?

Home affordability has officially reached it's all time highest level. According to the National Association of Realtor's (NAR) Housing Affordability Index, "the index rose to 206.1 in January, and an index of 100 is defined as the point where a median-income household has exactly enough income …

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March 1, 2012

Warren Buffett on CNBC: I’d Buy Up ‘Millions’ of Single-Family Homes If I Could – US Business News – CNBC

Warren Buffett says along with equities, single-family homes are a very attractive investment right now.

Appearing live on CNBC’s Squawk Box, Buffett tells Becky Quick he’d buy up “millions” of single family homes if it were practical to do so.

If held for a long period of time and purchased …

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Feb. 23, 2012

Are Dallas Home Sales Headed Up?

Graph showing the number of homes sold in Dallas

If you are considering selling your Dallas home but aren't sure if it's a good time right now then this will be great for you to see. This is a graph from the Texas A&M Real Estate Center showing homes sold in Dallas, Texas between 2010 and 2012 …

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Feb. 21, 2012

FACT: Local Real Estate Experts Know The Truth!

While this is good news, those of us who are experts in the north Dallas real estate market have known for over a year that the housing market is healthy and active!  We have had multiple offers on Dallas homes for sale many times already in 2012.  We …

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