Showing posts with label best intrest rate. Show all posts
Showing posts with label best intrest rate. Show all posts
Thursday, July 11, 2013
Wednesday, June 6, 2012
Live here for less than you pay in rent!
605 Renaissance Place
|
Overview Maps Photos Market Stats |
|
|
Thursday, December 2, 2010
Thursday, November 11, 2010
Wednesday, December 2, 2009
Monday, January 19, 2009
My numbers for 2007
The measure of a good real estate professional is results. That's it. Period. Just results. Can your agent close deals?
Well, for 2006 and 2007, there have been no agents with Keller Williams Coppell that have sold more real estate than I. 2008 wasn't as good a year for me but my drop to third can be explained by my market.
In 2007, I sold 68 houses. The average agent will sell 15 houses. Last year In fell to 45 houses. My main market (North Collin county) has been devastated by high gas prices and high foreclosure rates.
I still had a great year. But for my goals, the results don't match up to what I expected.
To get the results you need out of your 2009 real estate transaction, put my experience work for you today!
Well, for 2006 and 2007, there have been no agents with Keller Williams Coppell that have sold more real estate than I. 2008 wasn't as good a year for me but my drop to third can be explained by my market.
In 2007, I sold 68 houses. The average agent will sell 15 houses. Last year In fell to 45 houses. My main market (North Collin county) has been devastated by high gas prices and high foreclosure rates.
I still had a great year. But for my goals, the results don't match up to what I expected.
To get the results you need out of your 2009 real estate transaction, put my experience work for you today!
Friday, October 10, 2008
New listings down
-J.J.'s opinion- Fewer homes on the market with shorter days on the market is a start to correcting our Dallas area housing market -end opinion-
The Dallas area has had one of the largest drops in home listings in the country in recent months, according to a new report.
Altos Research and Real IQ said Wednesday that during the last three months, the number of homes for sale in the Dallas area declined more than 9 percent.
Nationwide, home sales listings fell more than 4 percent on average in the research firm's 21-city comparison.
"While inventories have continued to slowly decline, they remain at historically high levels," Stephen Bedikian, partner and research director for Real IQ, said in the report. "The result is that prices remain under pressure in most markets.
"Until we see large and sustained declines in inventory, we're not going to see a market bottom."
That's less the case in Dallas, where home listings dropped 9.2 percent in the last three months, according to the report. Only Seattle, with 9.3 percent, has seen a bigger decline in the number of homes for sale.
Local statistics show the drop in pre-owned homes for sale may be even steeper. MLS listings fell 15 percent from a year earlier, according to September numbers.
And the number of vacant new homes on the market was down more than 25 percent from the peak.
But hard-hit housing markets are still seeing increases in the number of homes for sale. Listings rose last month in Phoenix, Philadelphia, Charlotte, N.C., and Boston, Altos Research reports.
And in 19 of the 26 markets the research firm tracks, it now takes more than 100 days on average to sell a home. The worst case is in Miami, where it takes six months on average to find a buyer.
The Dallas area has one of the shortest times in the country at 96 days, according to Altos.
Average home listing prices here were flat, according to the report, while they were down about 3 percent nationally in the last three months.
HOME LISTING INVENTORY
Percent change during previous three months.
BIGGEST DECLINES
Seattle: -9.3%
Dallas: -9.2%
Austin: -7.7%
Detroit: -7.3%
San Francisco: -7.3%
SOURCE: Altos Research and
The Dallas area has had one of the largest drops in home listings in the country in recent months, according to a new report.
Altos Research and Real IQ said Wednesday that during the last three months, the number of homes for sale in the Dallas area declined more than 9 percent.
Nationwide, home sales listings fell more than 4 percent on average in the research firm's 21-city comparison.
"While inventories have continued to slowly decline, they remain at historically high levels," Stephen Bedikian, partner and research director for Real IQ, said in the report. "The result is that prices remain under pressure in most markets.
"Until we see large and sustained declines in inventory, we're not going to see a market bottom."
That's less the case in Dallas, where home listings dropped 9.2 percent in the last three months, according to the report. Only Seattle, with 9.3 percent, has seen a bigger decline in the number of homes for sale.
Local statistics show the drop in pre-owned homes for sale may be even steeper. MLS listings fell 15 percent from a year earlier, according to September numbers.
And the number of vacant new homes on the market was down more than 25 percent from the peak.
But hard-hit housing markets are still seeing increases in the number of homes for sale. Listings rose last month in Phoenix, Philadelphia, Charlotte, N.C., and Boston, Altos Research reports.
And in 19 of the 26 markets the research firm tracks, it now takes more than 100 days on average to sell a home. The worst case is in Miami, where it takes six months on average to find a buyer.
The Dallas area has one of the shortest times in the country at 96 days, according to Altos.
Average home listing prices here were flat, according to the report, while they were down about 3 percent nationally in the last three months.
HOME LISTING INVENTORY
Percent change during previous three months.
BIGGEST DECLINES
Seattle: -9.3%
Dallas: -9.2%
Austin: -7.7%
Detroit: -7.3%
San Francisco: -7.3%
SOURCE: Altos Research and
Friday, October 3, 2008
Thursday, October 2, 2008
Wednesday, August 20, 2008
Rain and back to school
The last week has been very slow in terms of showings. What do I mean by this? I have several listings and can monitor the level of buyers by seeing how many showings I get in the course of a week. When I have a lot of showings on my listings, there is buyer activity. Also, I compare my numbers to centralized showing service reports that also help me determine what the market activity is doing.
Inclement weather and holidays typically have a strong impact on showings.
Inclement weather and holidays typically have a strong impact on showings.
Wednesday, March 19, 2008
Rain....
Showing houses in the rain is not a whole lot of fun. However, for my clients, I'm like the US Postal Service. I work through anything. In fact, I'm better than the US Postal Service because I work Sundays if need be. The only time I schedule off, however, is Sunday mornings from 7 a.m. to 1 p.m.
If you need the best in real estate customer service, give me a call today.
Also, my insurance business in taking off. Why? Because I can give you competitive rates from several of the best insurance companies in the business. I just saved a client over $300 every 6 weeks on their auto insurance AND they got better insurance coverage.
If you need the best in real estate customer service, give me a call today.
Also, my insurance business in taking off. Why? Because I can give you competitive rates from several of the best insurance companies in the business. I just saved a client over $300 every 6 weeks on their auto insurance AND they got better insurance coverage.
Friday, March 14, 2008
Don't panic
The job of the news media is to make us all scared so that we'll turn on their newscasts again tomorrow evening.
While the real estate market is not in great shape, people still have to buy and sell. Typically, when you see the national media talking about the real estate market, they are talking mostly of Florida, New York, California and Illinois.
The DFW market is slow but it is not terrible. Yes, it is taking more patience to get a home sold, but it will sell if it is priced and marketed correctly.
While the real estate market is not in great shape, people still have to buy and sell. Typically, when you see the national media talking about the real estate market, they are talking mostly of Florida, New York, California and Illinois.
The DFW market is slow but it is not terrible. Yes, it is taking more patience to get a home sold, but it will sell if it is priced and marketed correctly.
Monday, February 4, 2008
I was quoted in this weekends Dallas Morning News
On Sunday afternoon, a family friend called me and said that I was in the newspaper. I had done an interview with the Dallas Morning News last week. The premise of the story surrounds the city where I live, Melissa Texas.
If you would like a copy of this article, please email me or call me. I will try to link a copy of the article to my blog this week.
If you would like a copy of this article, please email me or call me. I will try to link a copy of the article to my blog this week.
Thursday, January 31, 2008
2214 Royal Oaks, Irving, Texas
This beautiful starter home is in move-in-condition. Mature landscaping, recent interior paint upgrades, large bedrooms, ceramic tile and a huge secondary living area are just some of the amenities that make this home one of the best values in the area. The seller is also willing to pay up to $3,000.00 of the buyers closing costs with a full-price offer in addition to the many amazing features that this light, bright and airy home has to offer. Priced to sell at $135,000.00.
Friday, January 25, 2008
Inspections
I can never stress enough, the importance of doing "due dilligence" when buying a home. Buying a home is most Americans largest purchase. It is imperative that you protect that investment by getting a home inspector to look at your upcoming purchase.
U.S. real estate a 'bargain' for foreign buyers
Many paying cash as dollar falls in value
Wednesday, January 23, 2008
By Tom Kelly Inman News
Two years ago, while attending a home-builder convention in Orlando, Fla., a top-producing local real estate agent was bubbling over the interior design features of a vacation home.
"All of my international buyers are just going to love this," the agent said. "I can't wait to tell them what's now available."
I was intrigued. How many international buyers did she have?
It turned out that more than 60 percent of the agent's clients were buyers from overseas. And, she is not the only real estate professional cultivating the foreign market. According to the National Association of Realtors, 65 percent of Florida Realtors had at least one international customer, and the trade group's "Profile of International Home Buying Activity" indicated that at least 7 percent of home sales in Florida were to foreign purchasers.
"When you consider how the U.S. dollar has slid in value compared to other international currencies, you begin to understand why investors are purchasing real estate in this country," said Mitch Creekmore, senior vice president of Stewart Title Co. "Real estate prices here are a bargain compared to many areas in western Europe and Asia."
The currency environment probably played a major role in the proportion of foreign buyers who paid cash for their homes. The cash group (28 percent) was much greater than that of the general U.S. home buyer population (8 percent). In addition, international buyers who can afford a home abroad often are from wealthier households with higher monthly incomes and cash reserves. Also, the tax benefits of mortgage-interest deductions may not apply -- depending on the buyer's home country's tax code -- which lowers the incentive to take out a mortgage.
Buyers come from around the world to buy different types of properties at various prices. They plan on using the U.S. property for different reasons. Here are some common factors from NAR:
The typical international buyer purchased a single-family home or townhouse. The primary purpose in purchasing the home was as a vacation venue for family and friends.
The median sales price paid by the typical foreign buyer was $299,500, and the purchase was financed through a mortgage loan.
The typical foreign buyer in the U.S. spends 4.2 months in his or her U.S. property. U.S. visa rules allow nonresidents (unless under a student or work visa) to remain in the country for only six months. Because foreign buyers are nonresidents of the U.S., most of them plan to spend less than six months in their U.S. home. A small percentage -- 6 percent -- spend less than two weeks. Forty-four percent intend on using their U.S. property for one to six months.
While the top three state destinations for foreign home buyers in the NAR study were Florida, California and Texas, significant overseas buyers surfaced in all areas of the country. Dolly Lenz, a New York City residential specialist who led all salespersons with $748.3 million in gross sales in 2007, reported that approximately 35 percent of her customers were second-home buyers and about 50 percent of that group lived outside the U.S.
The median price foreign buyers paid for a home was $299,500 in 2006 -- significantly greater than the national median sales price of $221,900. More than 20 percent of international buyers purchased a home that cost between $200,001 and $300,000. Fourteen percent of foreign home buyers paid more than $750,000 for their U.S. property, according to the NAR study.
Among international clients, the top five countries of origin were Mexico, the United Kingdom, Canada, India and China. Although more than two-thirds of Realtors report that their international clientele accounts for about the same level of business during the past five years, fully a quarter of them indicate that their international business has increased. Despite the recent slowdown in the U.S. housing market, U.S. real estate is still a popular option for many people outside of the country.
Foreign buyers from the United Kingdom and China paid the most for their U.S. property -- a median of $335,000 and $340,000, respectively. Those from Mexico paid the least -- $227,300. Buyers from Canada were more likely to have purchased homes priced over $1 million. The median price of homes purchased by Indian buyers -- $292,000 -- was closest to the overall median price paid by all foreign home buyers.
The American dream of home ownership is more popular than ever -- especially overseas.
Wednesday, January 23, 2008
By Tom Kelly Inman News
Two years ago, while attending a home-builder convention in Orlando, Fla., a top-producing local real estate agent was bubbling over the interior design features of a vacation home.
"All of my international buyers are just going to love this," the agent said. "I can't wait to tell them what's now available."
I was intrigued. How many international buyers did she have?
It turned out that more than 60 percent of the agent's clients were buyers from overseas. And, she is not the only real estate professional cultivating the foreign market. According to the National Association of Realtors, 65 percent of Florida Realtors had at least one international customer, and the trade group's "Profile of International Home Buying Activity" indicated that at least 7 percent of home sales in Florida were to foreign purchasers.
"When you consider how the U.S. dollar has slid in value compared to other international currencies, you begin to understand why investors are purchasing real estate in this country," said Mitch Creekmore, senior vice president of Stewart Title Co. "Real estate prices here are a bargain compared to many areas in western Europe and Asia."
The currency environment probably played a major role in the proportion of foreign buyers who paid cash for their homes. The cash group (28 percent) was much greater than that of the general U.S. home buyer population (8 percent). In addition, international buyers who can afford a home abroad often are from wealthier households with higher monthly incomes and cash reserves. Also, the tax benefits of mortgage-interest deductions may not apply -- depending on the buyer's home country's tax code -- which lowers the incentive to take out a mortgage.
Buyers come from around the world to buy different types of properties at various prices. They plan on using the U.S. property for different reasons. Here are some common factors from NAR:
The typical international buyer purchased a single-family home or townhouse. The primary purpose in purchasing the home was as a vacation venue for family and friends.
The median sales price paid by the typical foreign buyer was $299,500, and the purchase was financed through a mortgage loan.
The typical foreign buyer in the U.S. spends 4.2 months in his or her U.S. property. U.S. visa rules allow nonresidents (unless under a student or work visa) to remain in the country for only six months. Because foreign buyers are nonresidents of the U.S., most of them plan to spend less than six months in their U.S. home. A small percentage -- 6 percent -- spend less than two weeks. Forty-four percent intend on using their U.S. property for one to six months.
While the top three state destinations for foreign home buyers in the NAR study were Florida, California and Texas, significant overseas buyers surfaced in all areas of the country. Dolly Lenz, a New York City residential specialist who led all salespersons with $748.3 million in gross sales in 2007, reported that approximately 35 percent of her customers were second-home buyers and about 50 percent of that group lived outside the U.S.
The median price foreign buyers paid for a home was $299,500 in 2006 -- significantly greater than the national median sales price of $221,900. More than 20 percent of international buyers purchased a home that cost between $200,001 and $300,000. Fourteen percent of foreign home buyers paid more than $750,000 for their U.S. property, according to the NAR study.
Among international clients, the top five countries of origin were Mexico, the United Kingdom, Canada, India and China. Although more than two-thirds of Realtors report that their international clientele accounts for about the same level of business during the past five years, fully a quarter of them indicate that their international business has increased. Despite the recent slowdown in the U.S. housing market, U.S. real estate is still a popular option for many people outside of the country.
Foreign buyers from the United Kingdom and China paid the most for their U.S. property -- a median of $335,000 and $340,000, respectively. Those from Mexico paid the least -- $227,300. Buyers from Canada were more likely to have purchased homes priced over $1 million. The median price of homes purchased by Indian buyers -- $292,000 -- was closest to the overall median price paid by all foreign home buyers.
The American dream of home ownership is more popular than ever -- especially overseas.
Monday, January 21, 2008
Mortgage rates mixed
Long-term mortgage interest rates were either flat or slightly higher Thursday, and the benchmark 10-year Treasury bond yield fell to 3.62 percent.
The 30-year fixed-rate average edged up to 5.43 percent, and the 15-year fixed rate stayed at 4.93 percent. The 1-year adjustable rate was up at 5.3 percent.
The 30-year Treasury bond yield dropped to 4.25 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states. Points on these mortgages range from zero to 3.5.
In other economic news, the Dow Jones Industrial Average plummeted 306.95 points, or 2.46 percent, finishing at 12,159.21. The Nasdaq tumbled 47.69 points, or 1.99 percent, closing at 2,346.9.
Stock figures are current as of 7:30 p.m. Eastern Standard Time.
***
The 30-year fixed-rate average edged up to 5.43 percent, and the 15-year fixed rate stayed at 4.93 percent. The 1-year adjustable rate was up at 5.3 percent.
The 30-year Treasury bond yield dropped to 4.25 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states. Points on these mortgages range from zero to 3.5.
In other economic news, the Dow Jones Industrial Average plummeted 306.95 points, or 2.46 percent, finishing at 12,159.21. The Nasdaq tumbled 47.69 points, or 1.99 percent, closing at 2,346.9.
Stock figures are current as of 7:30 p.m. Eastern Standard Time.
***
Friday, January 18, 2008
Shh! Don't tell anyone....this is our secret!
Local builder announces their intent to leave Texas
An area home builder has announced their intent to withdraw their homebuilding venutres in the State of Texas.
With these plans, the homebuilder is having a blow out "fire sale" to get all their inventory sold within the next 30 days.
This is great news for local buyers who can capitalize on instant equity. Homes with hard surface counter tops, ceramic tiles, stainless appliances and large and open floorplans are up for sale at drastic discounts.
In one instance, there was a 2700 sf home listed at $240k sold to a lucky buyer for only $170k. Don't miss out on this great opportunity. Call 972-254-2011 for more information.
Tuesday, January 15, 2008
Top things to know about home insurance
Top things to know
1. You're a statistic.
To an insurer, you're not a person; you're a set of risks. An insurer bases its premium (or its decision to insure you at all) on your "risk factors," including your occupation, who you are, what you own, and how you live.
2. Know your home's value.
Before you choose a policy, it is essential to establish your home's replacement cost. A local builder can provide the best estimate.
3. Insurers differ.
As with anything else you buy, what seems to be the same product can be priced differently by different companies. You can save money by comparison shopping.
4. Don't just look at price.
A low price is no bargain if an insurer takes forever to service your claim. Research the insurer's record for claims service, as well as its financial stability.
5. Go beyond the basics.
A basic homeowners policy may not promise to entirely replace your home.
6. Demand discounts. Insurers provide discounts to reward behavior that reduces risk.
However, Americans waste some $300 billion a year because they forget to ask for them!
7. At claims time, your insurer isn't necessarily your friend.
Your idea of fair compensation may not match that of your insurer. Your insurer's job is to restore you financially. Your job is to prove your losses so you get what you need.
8. Prepare before you have to file a claim.
Keep your policy updated, and reread it before you file a claim so there are no surprises.
Money 101 - CNN.com
1. You're a statistic.
To an insurer, you're not a person; you're a set of risks. An insurer bases its premium (or its decision to insure you at all) on your "risk factors," including your occupation, who you are, what you own, and how you live.
2. Know your home's value.
Before you choose a policy, it is essential to establish your home's replacement cost. A local builder can provide the best estimate.
3. Insurers differ.
As with anything else you buy, what seems to be the same product can be priced differently by different companies. You can save money by comparison shopping.
4. Don't just look at price.
A low price is no bargain if an insurer takes forever to service your claim. Research the insurer's record for claims service, as well as its financial stability.
5. Go beyond the basics.
A basic homeowners policy may not promise to entirely replace your home.
6. Demand discounts. Insurers provide discounts to reward behavior that reduces risk.
However, Americans waste some $300 billion a year because they forget to ask for them!
7. At claims time, your insurer isn't necessarily your friend.
Your idea of fair compensation may not match that of your insurer. Your insurer's job is to restore you financially. Your job is to prove your losses so you get what you need.
8. Prepare before you have to file a claim.
Keep your policy updated, and reread it before you file a claim so there are no surprises.
Money 101 - CNN.com
Monday, January 14, 2008
$3000 paid for buyers closing costs by seller
This beautiful starter home is in move-in-condition. Wonderful mature landscaping , recent interior paint upgrades, large bedrooms, ceramic tile and a huge secondary living area are just some of the amenities that make this home one of the best values in the area. The seller is also willing to pay up to $3,000.00 of the buyers closing costs with a full-price offer in addition to the many amazing features that this light, bright and airy home has to offer.
For more information call:
1-800-284-0913 x 3069
Subscribe to:
Posts (Atom)
