Friday, March 5, 2010

Great meeting the Saunders this evening. Cait wait to get their facebook going!

Monday, March 1, 2010

Not much impact from repeat buyer credit: Not much impact from repeat buyer creditIt sounded like a great idea .. http://bit.ly/bcfDqs
Federal report says that D-FW home prices were up last year: Federal report says that D-FW home prices were up .. http://bit.ly/buZpsG

Federal report says that D-FW home prices were up last year

Federal report says that D-FW home prices were up last year

Prices of homes purchased in the Dallas area rose by a smidgen in 2009, according to a federal report released Thursday.

The Federal Housing Finance Agency said that Dallas area home sale prices were up 0.43 percent at the end of last year compared with a year earlier. Nationwide, prices were down 1.2 percent in the same period.

Unlike other home price comparisons, the federal housing study only looks at home purchases financed with mortgages held by Fannie Mae and Freddie Mac – the big government-owned loan investors.

Dallas was one of three top 10 U.S. metro areas that had home price gains in 2009, according to the federal index.

Washington, D.C., had the biggest price increase at 10.55 percent, followed by a 3.71 percent increase in Houston.

Among major cities, the biggest price declines last year were in Miami, down 12.86 percent, and Phoenix, down 12.03 percent, according to the FHFA.

The quarterly federal housing index is different from the recently released Standard & Poor’s/Case-Shiller Home Price Index, which tracks the values of actual houses over time. The Case-Shiller index does not look at new home prices, which are included in the federal price measure.

Case-Shiller said that Dallas-area home prices were up 3 percent at the end of 2009 compared to a year earlier.

Dallas home prices are up about 12 percent during the last five years, the FHFA report said. And since 1991, overall home prices here have risen by more than 74 percent.

The country’s 10 largest home markets averaged a 3.7 percent price drop since 2004, according to the federal index But since 1991, home prices in the top 10 U.S. metro areas are up an average of 96 percent.

Thursday, February 18, 2010

Another pleased client @Texas Sold Team Realty :) - As we settle into our home we wanted to take a minute to thank you and commend you for your excellent service, you went over and above what we were expecting to help us find a rental home in the Forth Worth area. The e-mail listings you sent were extremely helpful as we were going through our initial decision process. We very much appreciate all of the time you invested, along with your patience, expertise and professional courtesy. We can’t thank you enough. We look forward to working with you again in the future.

Tuesday, February 16, 2010

Growth is expected for each of Texas' major metropolitan areas: Austin is expected to climb 30 percent; Houston 17 percent; Dallas 16 percent; El Paso 8 percent; and San Antonio 6 percent. Wow!

Monday, February 1, 2010

U.S. Economy Grows Faster than Expected in Fourth Quarter 2009 - The U.S. economy grew at an accelerated pace in the last quarter of 2009 read more at http://tinyurl.com/yb9yg47