Houses are about to get at least $6500 cheaper!

The U.S. Senate & the House of Representatives have extended the existing $8000 tax credit for 1st time homebuyers until May 1,2010. A new $6500 tax credit will be available for repeat buyers who purchase between Dec. 1, 2009 and May 1, 2010. To qualify, buyers must have used their home as their principal residence consecutively for 5 of the previous 8 years.

Income limits are $125,000 on a single return and $225,000 on a joint return.

More info on the Tax Credit extension-interesting change proposed

The $8000 tax credit looks like it will be extended for a while, but possibly buyers who have owned their current home for 5 years would be able to get a $6500 tax credit. Will keep you posted...

New virus puts thousands of Realtors across the country at risk

Check out the symptoms later in this post and see if you have potential to be infected....

http://blog.kw.com/2009/10/26/local-real-estate-board-overrun-by-lg1z1-virus/

First Time Homebuyer Tax Credit to be Phased Out

The Reid/Baucus proposal is to extend the tax credit and phase it out over 2010. The credit would be $8,000 through the end of the 1st quarter of 2010, and decline $2,000 per quarter after that ... ($6,000 in Quarter 2, $4,000 in Quarter 3, $2,000 in Quarter 4 2010)

What part of the Arlington/Mansfield area has the most sales this year?

S. E. Arlington (south of I-20) is #1 with 797 sales this year

Mansfield is #2 with 659

S.W. Arlington (south of I-20) is #3 with 435

S.W. Arlington (north of I-20) is #4 with 360

South Grand Prairie is #5 with 322

North Central Arlington is #6 with 254

Noth Arlington (n. of Randol Mill) is #7 with 169

click on the image to see in full size

What is going on with the Dallas-Fort Worth real estate market?

click on the image to see full size

Just discovered RunPee.com

Next time you are at the movies, use this service to tell you the best time to go to the restroom!

http://runpee.com/#app=5c9d&e1bd-RunPeeID=0.0.0&d22f-selectedIndex=0

Info on a common illness that affects real estate agents

The great part is that the side effects are much better than Viagra-not that I would know :)

http://www.youtube.com/watch?v=H_gFam4_8gA

Just had to re-post this video about the housing crisis

it cracks me up every time I watch it. Comedy Central video...

http://www.thedailyshow.com/watch/wed-july-29-2009/home-crisis-investigation

Great video that demonstrates what I do each day

to sell lots of houses...

http://www.youtube.com/watch?v=XksdkTf2HJ8