first time homebuyer: Who's committed....who's not? Has home buying turned into an episode of Survivor?
- 08/26/09 06:19 AM
After multiple discussions with realtors, insurance agents, and other mortgage lenders, it has become evident that all areas of the real estate industry are involved in a cloak and dagger style buyer. Whether they are driven by the insatiable need of getting the best price, cheapest costs, and largest house, is dependent on the individual scenario. What remains constant is the amount of effort professionals are having to put forth to gain the confidence and commitment of their clients. Is information becoming a real estate professionals enemy? The immediate (sometimes inaccurate/incomplete) information available on the internet can become the clients best … (0 comments)
first time homebuyer: Are home buyers waiting for the starting gun?
- 05/16/09 10:40 AM
The last month has been interesting in the Dallas/Fort Worth area. Pre-qualifications to secure financing has held steady, but pulling the trigger on the home of choice has been painfully delayed. Odd considering rates are still at 30 year lows. Odd considering property values seem to have hit the bottom of the depreciation valley. One theory is that due to lack of positive press, buyers are lining up, pre-qualification letters in hand, waiting...and waiting....and waiting for the starting gun to be fired. If and when the gun finally echos through the newly renovated Home Stadium, it will be more hectic than 4 … (1 comments)
first time homebuyer: Housing industry starts to thaw in the heat of a stabilizing market.
- 04/01/09 01:00 PM
It's been a while since headlines have leaned in a gracious manner towards the housing industry. Texas has earned a spot in the top 5 places to purchase per an article on CNN Money. Good news to the local DFW market and an indicator of things to come. Surprisingly, the news is flooded with above projection reports in multiple levels of housing. Rates are not just good, they are spectacular. Existing home sales were above projections and inventory declining. 5 of the major home builders are aggressively taking new market share as competition has been eliminated over the last 18 months. … (0 comments)
After multiple discussions with realtors, insurance agents, and other mortgage lenders, it has become evident that all areas of the real estate industry are involved in a cloak and dagger style buyer. Whether they are driven by the insatiable need of getting the best price, cheapest costs, and largest house, is dependent on the individual scenario. What remains constant is the amount of effort professionals are having to put forth to gain the confidence and commitment of their clients.
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