DFW Urban Realty is currently hiring Fort Worth real estate agents and Fort Worth apartment locators to handle large volume of leads. If you are looking for a change, contact DFW Urban Realty today. We provide sales/rental leads and training. Work from home with no office time or desk fees. Position will consist of assisting buyers, sellers, renters with purchasing, selling and renting homes, condos, townhomes, lofts, highrises and apartments throughout Fort Worth including all of Tarrant county in Aledo, Azle, Bedford, Burleson, Crowley, Euless, Grapevine, Haltom City, Haslet, Hurst, Keller, Mansfield, Newark, North Richarland Hills, Saginaw, Southlake, Trophy Club, Watauga, Weatherford.
Requirements: Texas Real Estate License Knowledge of Microsoft Outlook, Apartment Locating Databases, Ntreis Computer, Fax, Printer Member of MetroTex Association of Realtors, NAR, TAR
If you are interested in learning more about this opportunity, please contact Kenneth (214) 764-4124 or email info@dfwurbanrealty.com
Less than a day after the Federal Reserve said it would double its purchases of mortgage debt, fixed rates on conforming 30-year mortgages dropped as much as half a percentage point to well under 5 percent.
Many analysts doubt that rates will be headed back up anytime soon.
A check of lenders' Web sites Thursday showed rates ranging from 4.625 percent to 4.75 percent, not including points, for the most creditworthy customers.
Except for a day or so in December, rates are at the lowest levels since at least 1965, according to mortgage giant Freddie Mac.
Mortgage rates already were at near-record lows. Nationally, the average conforming 30-year fixed rate for the week ended Thursday was 4.98 percent, according to a Freddie Mac survey taken before the latest interest rate dips.
The rate drop is likely to encourage more borrowers to see whether they can qualify for the lowest rates.
Now is a great time to purchase real estate in Dallas with low interest rates and an idea buyer's market. For more information on purchasing a homes in Dallas visit Dallas Real Estate. Also, check out the complete article on mortgage rate drop at: Mortgage Rates Drop Below 5%
Are you looking for a change in 2009? Contact DFW Urban Realty today to learn more about real estate careers in Fort Worth! DFW Urban Realty is currently hiring Sales Agents and Apartment Locators to work leads in Fort Worth throughout Tarrant County. Leads consist of buyers, sellers and renters looking for Homes, Condos, Townhomes, Lofts, Highrises and Apartments in Aledo, Arlington, Azle, Bedford, Burleson, Crowley, Euless, Fort Worth, Grapevine, Haltom City, Haslet, Hurst, Keller, Mansfield, Newark, North Richland Hills, Saginaw, Southlake, Trophy Club, Watauga, Weatherford.
For more information on Fort Worth Real Estate job opportunities available please visit:
Sales/Apartment Locating experience preferred Knowledge of Microsoft Office, Ntreis, Apartment Locating Databases Ability to work from home Member of MetroTex Association of Realtors Texas Real Estate License
The rumors have been confirmed. President George Bush and family are getting ready to move into a $2,000,000 home in the prestigious Prestow Hollow Neighborhood of North Dallas. Cindy Adams, columnist for the New York Post, orginally released claim back in September, which was later confirmed by Press Secretary to Laura Bush in December. Houses in the Preston Hollow area range from approximately $800,000 - $40,000,000. Residents who have lived in Preston Hollow include Mary Kay Ash, Tom Hicks, Mark Cuban, and Ross Perot.
Anna is a great place to live and work with plenty of open land for both commercial and residential development. Residents enjoy easy access to Lake Lavon and Lake Texoma as well as Anna's Hurricane Creek Country Club which features an 18 hole golf course.
Anna recently launched phase I of Slayter Creek Park which will feature 32 acres of recreation including baseball/softball complex, soccer field, playground, shuffleboard, horeshoe pits, exercise trail with stations and a bridge, basketball court, picnic tables, pavilion, two tennis courts, skateboard park, restroom facilities, concession stands. Slayter Park is scheduled fro completion in October.
If you are interested in learning more about Anna Real Estate, please contact one of our Anna Realtors today. Our Anna Real Estate agents specialize in buying and selling Anna Homes and locating Anna Apartments For Rent.
Plano, Texas was recently ranked #4 out of the top 10 fastest selling market in the U.S. Check out the recent statistics below. On average, homes selling in the 75075 zipcode are taking 75 days to sell. The median home price is around $185,589.
If you are interested in learning more about the Plano Texas Real Estate Market, contact DFW Urban Realty today! We have Plano Realtors specializing in both commercial and residential real estate.
The 10 Fastest-Selling Housing Markets in the U.S.
1. Sunnyvale, Calif. 94087 Days on the Market (DOM): 66 days Median Price: $1.031 million Annual Asking Price Change: -0.4% Annual DOM Change: 46.6%
2. Austin, Tex. 78749 Days on the Market (DOM): 68 days Median Price: $250,693 Annual Asking Price Change: -0.9% Annual DOM Change: 19.0%
3.San Diego, Calif. 92131 Days on the Market (DOM): 70 days Median Price: $771,025 Annual Asking Price Change: -9.7% Annual DOM Change: 14.7%
4.Plano, Tex. 75075 Days on the Market (DOM): 75 days Median Price: $185,589 Annual Asking Price Change: -2.8% Annual DOM Change: 9.9%
5.Portland, Ore. 97202 Days on the Market (DOM): 77 days Median Price: $395,877 Annual Asking Price Change: -1.1% Annual DOM Change: 27.7%
6.Houston, Tex. 77094 Days on the Market (DOM): 77 days Median Price: $351,803 Annual Asking Price Change: 6.7% Annual DOM Change: 13.7%
7.Wakefield, Mass. 01880 Days on the Market (DOM): 79 days Median Price: $429,485 Annual Asking Price Change: -7.3% Annual DOM Change: 3.7%
8.Seattle, Wash. 98117 Days on the Market (DOM): 86 days Median Price: $535,020 Annual Asking Price Change: -0.9% Annual DOM Change: 34.2%
9.Littleton, Colo. 80130 Days on the Market (DOM): 90 days Median Price: $378,420 Annual Asking Price Change: 6.6% Annual DOM Change: 79.9%
10. Atlanta, Ga. 30340 Days on the Market (DOM): 91 days Median Price: $217,285 Annual Asking Price Change: 5.5% Annual DOM Change: 21.9%
For More information on this report, please visit wikimedia.org
For more information on housing options in Plano, please contact one of our Plano Realtors. Our Plano Real Estate Agents specialize in buying and selling Plano Homes, Plano Condos, Plano Townhomes.
Everyone will agree that American is now facing some of the most difficult times since the great depression. Republicans and Democrats alike are pointing fingers in hopes of steering the vote and gaining public support. Recently Fannie Mae and Freddie Mac lost control and as a result the government had to step in and initiate yet another bail out. Many are asking, "How did we get to this point?" "Why is our economy on the brink of failing and sending us into another recession?
Steven Holmes, a writer for the New York Times, may have been right on the money with his article entitled, "Fannie Mae Eases Credit to Aid Mortgage Lending" written on Sept 30th, 1999.
Where do you place the blame for the current economic crisis and need for a $700 billion dollar government bail out program? Are you for a government bailout or against? Will the $700 billion dollar bailout create another catostrophic crisis down the road? These are just a few questions many Americans are asking as uncertainty increases and consumer confindence continues to fall.
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Fannie Mae Eases Credit To Aid Mortgage Lending
By STEVEN A. HOLMES
Published: September 30, 1999
In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.
Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.
''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.'' Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.
In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.
Many are questioning whether the October 1st ban on FHA down payment assistance programs is good for business. Seller funded gifts have allowed many families with little or no money in the bank an opportunity to enjoy the benefits of homeownership. Many claim that these types of DPA programs inflate home prices and have contributed to our currrent foreclosure epidemic. Congress is now considering alternative options for FHA down-payment assistance programs that might provide a better solution than terminating the program altogether.
One of the proposals is to allow borrowers with credit scores of 680 or above to use seller-funded down-payment assistance on FHA backed loans. Credit Scores between 620-680 would be subject to higher insurance premium fees and borrowers with scores below 620 would be excluded from participation.
One thing is certain, if these types of programs are abandoned, home sales and lending options will decrease for first time home buyers.
For more details on FHA Downpayment Assistance Programs and new government proposals, please visit:
Housing sales and pricing continue to fall raising many questions on how soon we can expect to recover. The government is slowing enacting legislatiion to bail the housing market out and restore balance to local real estate economies.
Recently, President Bush signed The Housing and Eonomic Recovery Act of 2008 which includes a new temporary tax credit to provide an incentive to purchase for first time home buyers.
Only 1st time home buyers are elgible for the $7,500 tax incentive and depending on income may only qualify for half or possible even no tax credit. Here is a basic guidline for determining elegibility. Offer expires on July 1st, 2009.
Rising gas pricing have definitely raised the question on what is the best solution for my automobile needs. Everyone seems to think the best option these days is to trade in the gas guzzling SUV for a more economical car, but is this really the best option?
Rising Gas Expenses have also placed automobile dealers in a predicament that might actually work to the consumer's advantage. Just today, GM's stock fell to the lowest dollar/share seen since 1955. In an effort to increase sales, profit margins and bail itself out of the bottomless oil pit, GM has taken the offensive and is now enacting special incentive programs to encourage consumers in the market to purchase an automobile to take action. For example, GM is now offering 0% financing for 72 months on select SUVs and Trucks. This is just one tactic to lure auto buyers into their dealerships and move inventory.
Dealers across the board are offering discounts and incentives to move the gas guzzlers off the lot and into the buyer's garage. Of course if you visit the lot and pass by the wandering salesman, you'll still get the ever so clever one liner, "We can't keep the trucks and suvs on the lot". One thing for sure, we all know now is not a good time to be selling a truck or SUV, with low consumer confidence, high gas prices, and low gas mileage, you just can't win.
So when comparing advantages and disadvantages of purchasing a car or suv/truck, be sure and consider the following points:
Weigh benefit, cost, value and expense in monthly, annualized, and life terms
If you are self employed, such as a Fort Worth Real Estate Agent or Dallas Realtor, consider the tax write off you may claim with additional gas expense, could help place you in a lower tax bracket and end up saving you thousands in the long run
Compare annual gas expenses with upfront initial savings
Always take a closer look at Warranties, a 100,000 mile warranty on a truck or SUV might save you thousands in expenses down the road compared to a 50,000 mile warranty on the gas efficient car you have in mind.
Ask yourself this question, Are car sales managers going to negotiate more on a Truck or SUV that are difficult to give away in the current market or a gas efficient car that everyone is beating down the doors to buy?
What is your ultimate financial goal? To save money in the Short run? Save Money in the Long Run? Or secure comfortable monthly payments?
Always compare apples to oranges with emphasis on interest rates, trade in value down the road, monthly and annual expenses including gas and repairs (remember these may be minimized with extended warranties
So, in conclusion, I ask everyone the million dollar question, Car or SUV? Welcoming your comments, feedback, suggestions, and insight into the Automobile Industry....
Dallas Real Estate & Mortgage News. View information on current market conditions, trends, and Dallas Real Estate Industry News. Guide to buying and selling Dallas Homes, Dallas Condos, Dallas Townhomes, Dallas Lofts, and Dallas High Rises
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
The rumors have been confirmed. President George Bush and family are getting ready to move into a $2,000,000 home in the prestigious Prestow Hollow Neighborhood of North Dallas. Cindy Adams, columnist for the New York Post, orginally released claim back in September, which was later confirmed by Press Secretary to Laura Bush in December. Houses in the Preston Hollow area range from approximately $800,000 - $40,000,000. Residents who have lived in Preston Hollow include Mary Kay Ash, Tom Hicks, Mark Cuban, and Ross Perot.
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