Saturday, October 27, 2007

Houses Really Are Selling!

Friday, October 25th was an even better day in our local real estate market-Arlington, Mansfield, and Kennedale.
34 homes have gone under contract in the last 24 hours. Just wanted to give everyone a perspective on the market that you aren't hearing about in the Fort Worth Star Telegram!

Thursday, October 25, 2007

A Dose of Reality...

With all the negative things being written about the local real estate market, I wanted to let everyone know that there are home sales taking place. In the Arlington, Mansfield, & Kennedale area, we have had 20 homes go under contract in the last 24 hours. I will be updating the local market frequently to keep you posted...

Tuesday, October 23, 2007

In the news for a different reason!

Our family went for a fishing trip a couple of weeks ago-didn't catch any fish but look what we did find...

From CBS 11 News....


Gloria Newhouse appeared tired, weary and wet. Her 6-year-old nephew, Dre, seemingly unharmed and wet, too, wondered about all the fuss. But, there was plenty of reason to worry. The pair had taken too long and when dusk fell, tension heightened. The boy out on his first Jet Ski ride fell off the watercraft on Saturday and was lost for as many as three hours before he was found floating in the middle of Lake Arlington. "I been feeling kind of worried for the last couple of hours 'cause I knew ... I knew something was wrong. I could feel something just wasn't right," the boy's uncle, Tony Newhouse, said. Gloria Newhouse also was thrown from the watercraft and was found first. She attempted to flag down boaters for nearly two hours before someone saw her, she said. Rhonda Lawyer and her brother, Grant Froelich, only meant to go out on a quick 30-minute boat ride with relatives, but decided to turn it into fishing trip instead. They admitted when they saw something flashing in the water, their first thought was that it was a buoy. "We have four children in the boat going for a little boat ride," rescuer Rhonda Lawyer recalled. "So, we pulled her in the boat said she had a baby 6 years old on the jet ski. We're like 'What jet ski?' " The boy -- still in his life vest -- was found an hour later despite no lights on the watercraft. "I told him, 'it's a miracle you were found. We prayed for this and you're here for a reason. You need to thank God tonight,' " an emotional Lawyer said. The citizen rescuers said the whistle he blew helped them find him.

Tuesday, October 09, 2007

Some Positive News!

Dallas-Fort Worth Dallas-Fort Worth Projected median sales prices for single-family homes:
Q1 2008: $151,930

Q4 2009: $161,690

Growth rate: 6.4 percent

The Metroplex, as locals call the Dallas-Fort Worth region, is smoking,adding jobs at twice the national rate. Better yet, those new jobs areconcentrated in well-paying fields like banking, advertising, and healthcare. Dallas-Fort Worth sits at the center of the Interstate 35 corridor, a"megapolitan" galaxy of urban development that Virginia Tech researchersestimate will add 6.4 million new people and 2.8 million units of housingover the next two decades. Dallas also serves as the North Americanheadquarters for international high-tech employers like Nokia and Ericsson.All of this makes Dallas one of the nation's nine most global metros -cities that are hubs for international trade and foreign investment -according to an analysis by Moody's Dallas has largely avoided the boom-and-bust cycle, which is one reasonthis market is on track to post the best returns on housing of any majorU.S. city during the next two years. An added bonus: The region's servicesector has escaped the collateral damage that comes when the bubble burstsand equity-driven spending dries up. Here is the attachment if you want to view the other cities.

Thursday, October 04, 2007

Dallas Housing is still a Bargain

From the Dallas Morning News...

The annual price report says houses in Dallas cost about 28 percent less than the national average for similar houses. Here is the full story...