Saturday, April 18, 2009

Buy Homes Now

Are home prices in Dallas, Rockwall, and Collin counties of Texas at the bottom of this real estate cycle?? That is hard to say. However, from most accounts, if we are not there we are very close.

Are home mortgage rates in Dallas, Rockwall, and Collin counties of Texas at the bottom of this current mortgage rate cycle?? This is also hard to say. However, just like home prices, if we are not there we are very close.

What we need to take from this is that now is an outstanding time to make the move-up or invest in rental properties. Call or email Kendra or Roger now.

Friday, April 17, 2009

Foreclosures Still Growing

Now that the lenders have all of the details of the government programs to help homeowners in default on their mortgages, most of the lenders who had put the foreclosures on hold are now filing on the foreclosures. According to recent reports, the foreclosure numbers are skyrocketing again. Although this is horrible for the homeowners, it does present opportunities for home buyers - both owner occupants and investors.
If you have interest in seeing what properties are available, just email Kendra or Roger and we will determine your criteria and set up your own individual website for you to get auto-notifications of new foreclosure properties as well as foreclosure properties that have price reductions.

Wednesday, April 8, 2009

Smokin Real Estate Market

Not sure about other parts of the world, but the real estate market in Rockwall, Texas is not too bad - especially in foreclosures. This week, a client saw four homes in Rockwall (foreclosures) in the $200,000 + range and expressed some interest in taking a look at them.
Guess what - two just went under contract and the other two had multiple offers. In fact, one of them had so many offers that the listing agent said to forget about submitting an offer unless it was over list price and was a cash deal.
Soooo - the market could be much worse. No it is not great, but it "ain't" too bad.