Friday, November 30, 2007

Last update for November....

We had 51 homes sell in Arlington, Mansfield, and Kennedale in the last 24 hours! That is about double the pace we have been at through most of this month. Looks like people are starting to realize it is good to "buy" in a "buyer's market...

Tuesday, November 20, 2007

A new perspective on the real estate market

Media report: 25% of sub-prime mortgages are in default

Reality: Sub-prime mortgages only account for 25% of all mortgages. Of those, 75% are
being paid on time. The reality is that only 6.25% of loans are in default.

Media report: Prices are down in 15 states.

Reality: Prices are stable in 35!

Media Report: Real Estate sales slip 20% from 2006

Reality: 2007 will be the 4th busiest since 1997

Media: It is getting almost impossible to get a mortgage if you have credit issues.

Reality: FHA loans have never had a minimum credit score requirement!

Just wanted to put some positive news out there to counteract the media hype and the subsequent consumer overreaction.

Thursday, November 01, 2007

New Service Gives You the Most Current Value of Your Home!

Free and no obligation. Just click on the link below to fill out the short form.

Graphical report includes...

What is the supply of unsold homes in my neighborhood?

How fast are homes selling right now?

How do actual selling prices compare to listing prices in my area?

How do I get more for the money in a changing market? Click below to have your free report

sent right away!

This Week's Activity

We have had 29 homes sell in the Arlington, Mansfield, Kennedale area receive contracts in the last 24 hours.