Feb
0

HouseLogic.com Presents Smart Choices for Consumers

HouseLogic.com Presents Smart Choices for Consumers

Becoming a well-informed home owner has just become a whole lot easier. HouseLogic.com, the National Association of Realtors® new consumer website, is becoming the go-to resource for owners. Here’s a sampling of the site’s expert advice…

Continue Reading…

Jan
0

Dallas is #1 Performing Real Estate Market

Dallas is #1 Performing Real Estate Market

In the Standard & Poor’s/Case-Shiller Home Price Index report released on Tuesday, Dallas was the best performing city out of twenty in the nation. Residential values in the Dallas area were up 1.4 percent in November from a year earlier – the first increase in the price index of pre-owned homes since September 2007. (That’s a 2.5 year period.)

The upbeat Dallas numbers support other recent reports that show residential values in the area are no longer falling.

Continue Reading…

Jan
0

Another Housing Bubble for the U.S.?

Another Housing Bubble for the U.S.?

Ill-advised speculation on U.S. real estate helped set off the global financial crisis. But even after millions of foreclosures and their secondary effects rippled through economies around the world, U.S. homeowners might be making the same mistakes again.
Continue Reading…

Jan
0

Unlimited Funds for Fannie Mae and Freddie Mac from Obama

Unlimited Funds for Fannie Mae and Freddie Mac from Obama

On Christmas Eve the Obama administration exercised its right to increase the amount of aid it could provide to Fannie Mae and Freddie Mac without the permission of Congress by December 31, 2009. The administration vowed to back the mortgage giants for the next three years with tax payer money, no matter what the amount.

Continue Reading…

Dec
0

DFW Home Price Decline is Lowest in Two Years

DFW Home Price Decline is Lowest in Two Years

The North Texas housing market was mercifully spared the severe ravages of the real estate market bubble due to the fact that our prices were not overinflated in the first place and because our economy has fared better than the rest of the country. Take a look at the figures in the Standard & Poor’s/Case-Shiller Home Price Index showing Dallas’ envious position compared to 20 other markets in the US.

Continue Reading…

Dec
1

US Government Program to Aid Getting a Loan Refinance or Modification

US Government Program to Aid Getting a Loan Refinance or Modification

In March, the Department of Treasury announced the Making Homes Affordable initiative, made up of two components—the Home Affordable Refinance Program (HARP) and the Home Affordable Modification Program (HAMP).

The program was created to offer assistance to as many as 7 to 9 million homeowners making a good-faith effort to make their mortgage payments, while attempting to prevent the destructive impact of the housing crisis on families and communities. It will not provide money to speculators, and it will target support to the working homeowners who have made every possible effort to stay current on their mortgage payments.

The Treasury Department recently announced updates to its Making Home Affordable program to include a second lien program and the use of short sales and deeds-in-lieu of foreclosure.

Continue Reading…

Dec
0

Is the DFW 2010 Real Estate Market Headed for a Rebound or a Thud?

Is the DFW 2010 Real Estate Market Headed for a Rebound or a Thud?

Oct and Dec. 2009

  • Sales of pre-owned homes have increased significantly from year-ago numbers
  • Price declines have slowed
  • The number of homes for sale in North Texas have fallen to the lowest level in more than two years

However, is this enough to cause the DFW market to rebound in 2010?

Continue Reading…

Dec
1

December 2009 Current Knox Park MLS Active Listings

December 2009 Current Knox Park MLS Active Listings

As of Dec. 11, 2009, the Knox Park neighborhood in Uptown Dallas has 102 condo and town home MLS listings for sale on the Dallas, TX residential real estate market.

Continue reading for a full list of available properties.

Continue Reading…

Dec
0

December 2009 Current State Thomas MLS Active Listings

December 2009 Current State Thomas MLS Active Listings

As of Dec. 11, 2009, the State Thomas neighborhood has 59 condo and town home MLS listings for sale on the Dallas, TX residential real estate market.

12 at the Belvedere Condos
10 at the 588 Lofts
9 at La Tour
6 at the Drexel Montane
5 at Smith & Watson
4 at Manor of State Thomas
3 at Hall Howell
2 at Metropolitan Club
2 at Simpson & Clarks
2 at West Side at State Thomas

Continue reading for a full list of available properties. Continue Reading…

Dec
0

Margaret Hunt Hill Bridge Given Greenlight for Construction

Margaret Hunt Hill Bridge Given Greenlight for Construction

The U.S. Army Corp of Engineers gave the Margaret Hunt Hill Bridge a thumbs up this week after halting further work on it earlier this year from concerns that its support piers could compromise and damage the Trinity River floodway system. Continue Reading…