2012 Spring Home Sales Expected to Reach Highest in 5 Years

2012 Spring Home Sales Expected to Reach Highest in 5 Years

March 29, 2012 by Kenneth Cox · Leave a Comment 

2012 Spring Home Sales Expected to Reach Highest in 5 Years Recent reports from NAR predict 2012 will be a year of recovery.  Lawerence Yun, chief economist for NAR, recently reported home sales could reach record highs in 2012 rising 7-10 percent. “ “If activity is sustained near present levels, existing-home sales will see their best [...]

Real Estate Market Shows Signs of Recovery in January 2012 with Rising Home Sales

Real Estate Market Shows Signs of Recovery in January 2012 with Rising Home Sales

March 5, 2012 by Kenneth Cox · Leave a Comment 

January 2012 Existing Home Sales Increase Real Estate Market Shows Signs of Recovery in January 2012 Many are still wondering when and if the real estate market will recover.  Recent reports by NAR’s chief economist, Lawerence Yun, tell us we’re not there yet, but definetely showing consistent postitive signs of recovery.  Recent home sales statistics [...]

Recent Housing Reports Point to Dallas Real Estate Market Recovery in 2012

Recent Housing Reports Point to Dallas Real Estate Market Recovery in 2012

January 3, 2012 by Kenneth Cox · Leave a Comment 

2012 Dallas Real Estate Housing Market Recovery All signs are pointing to a real estate housing market recovery in 2012 according to recent reports.  Rising rent rates, decreasing inventory, low mortgage rates, and an increase in jobs offer a glimpse of hope that both the housing market and economy as a whole are heading in [...]

October 2011 Pending Home Sales Rise 10.4% According to NAR Housing Market Report

December 7, 2011 by Kenneth Cox · Leave a Comment 

October 2011 Pending Home Sales Rise 10.4% The National Association of Realtors recently reported pending homes sales for October 2011 rose 10.4% from September 2011, a 9.2% increase over October 2010.  Lawrence Yun attributes the recent jump in pending home sales to home buyers that have been sitting on the fence, but are now moving forward [...]

New Downtown Dallas High Rise Apartments at 1400 Hi Line in Design District

New Downtown Dallas High Rise Apartments at 1400 Hi Line in Design District

July 25, 2011 by Kenneth Cox · Leave a Comment 

1400 Hi Line High Rise Apartments in Downtown Dallas Design District The Dallas rental market is soaring with new mixed use multi-family apartment communities including mid rise and high rise developments.  1400 Hi Line is just one of the Dallas apartment projects that has already broke ground with expected launch by early 2013.  PM Realty, which [...]

Housing Market Shows Signs of Life with Gains in New Home Builder Construction

Housing Market Shows Signs of Life with Gains in New Home Builder Construction

July 23, 2011 by Kenneth Cox · Leave a Comment 

New Home Builder Construction Gains The housing market is finally showing signs of recovery with home builder construction gains in June.  Recent reports released from Reuters and other associated press claim housing starts are rebounding with residential construction rising 14.6 percent to a 6 month high in June.  The Commerce Department reported housing starts increased to 629,000 [...]

Dallas Real Estate Market Ranks Top Five in Forecast for Positive Home Price Gains

Dallas Real Estate Market Ranks Top Five in Forecast for Positive Home Price Gains

July 13, 2011 by Kenneth Cox · Leave a Comment 

Dallas Real Estate Market Ranks Top Five Postive Home Price Gains  Clear Capital is predicting further price declines for second half of 2011 with only 5 major metropolitan areas expected to produce home price gains.  Out of 50 major metro areas, Washington D.C., New York, Orlando, Dallas, and San Francisco are expected to preform best [...]

New Mortgage Lending Proposals will Decrease Dallas Home Ownership

June 24, 2011 by Kenneth Cox · Leave a Comment 

Mortgage Underwriting Standards in Texas Senator Kay Bailey Hutchison is fighting for the American Homeownership Dream by working to  improve access to affordable housing, supporting community development, and increasing overall homeownership without imposing new tax burdens.  Everyone agrees poor underwriting standards contributed to the housing crisis over the past couple years and needs to be restructured, but not eveyone agress on [...]

New FHA Rules Could Improve Financing on Dallas Condos

New FHA Rules Could Improve Financing on Dallas Condos

June 18, 2011 by Kenneth Cox · Leave a Comment 

FHA Financing on Condos in Dallas President of the National Association of Realtors, Ron Phipps, is fighting for equal support on FHA condo financing.  Many home buyers around the U.S. are experiencing a great degree of difficulty obtaining FHA financing on condos, townhomes, and lofts.  Most will agree it is much easier to get financing [...]

Fannie Mae HomePath Mortgage Contributes 3.5% Closing Cost Incentive on Homes in Dallas

Fannie Mae HomePath Mortgage Contributes 3.5% Closing Cost Incentive on Homes in Dallas

May 2, 2011 by Kenneth Cox · Leave a Comment 

Homepath Incentive on Dallas Fannie Mae Bank Foreclosures Fannie Mae HomePath Bank Home Foreclosure Incentives In an effort to move Fannie Mae bank foreclosure  inventory and increase home sales, Fannie Mae is currently offering home buyers up to 3.5% in closing cost assistance through June 30, 2011.  HomePath is a Fannie Mae mortgage home buyer program that allows [...]

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