In an effort to engage with our customers and clients on a more personal basis, John Hrisco & Associates has partnered up with Appsme to Create a powerful mobile app for our business to engage with our customers and clients when and where it counts. Go mobile today.
With special in-app deals and coupons, social media integration, media galleries, and other powerful features, our customers and clients can now … (3 comments)
for buyers: Confusing Real Estate News? An Agent Can Help
- 12/14/14 05:41 AM
Below are the headlines from three separate news releases issued over a one month period: 11/3/2014 - Millions of Potential New Households Waiting Out the Recovery 11/11/2014 - Experts: First-Time Homebuyers' Weak Finances Holding Back Housing Market And then, the contrarian view: 12/2/2014 - In 2015, Millennials Will Be Biggest Home Buying Group It sure seems that the group that released the first two stories emphatically disagrees with the organization that published the last news release. Amazingly, the same entity published all three reports. What? It seems the company (a well-respected provider of housing information) reported that those forming new … (3 comments)
for buyers: Breaking News: Fannie and Freddie formally announce 3% Down Programs
- 12/14/14 05:23 AM
A few days ago, HousingWire reported that both Fannie Mae and Freddie Mac formally announced their 3% down options on home purchases. Fannie Mae’s plan will be effective December 13, 2014 while the Freddie Mac plan will be available March 23, 2015. The HW article quotes FHFA Director Mel Watt: “The new lending guidelines released today by Fannie Mae and Freddie Mac will enable creditworthy borrowers who can afford a mortgage, but lack the resources to pay a substantial down payment plus closing costs, to get a mortgage with 3% down. These underwriting guidelines provide a responsible approach to improving … (1 comments)
for buyers: Rent Increases Expected to Continue through 2015
- 12/14/14 05:07 AM
CNBC’s Diana Olick recently reported that rents in the residential housing sector continued to rise in 2014. She interviewed Jed Kolko, Chief Economist at Trulia, who revealed: "Rents are rising because of strong demand that supply hasn't kept up with. Nearly all the new households are renters, and young people moving out of their parents' homes will keep fueling rental demand." Where are rents headed in 2015? The question now is where rents will be heading over the next twelve months. In a press release last week, Zillow chief economist Dr. Stan Humphries predicted residential rental prices will continue to … (0 comments)
for buyers: 7 Graphs that Prove the Real Estate Market is Back!
- 12/05/14 02:35 AM
7 Graphs that Prove the Real Estate Market is Back! Over the past several weeks, we have shared multiple posts with you with information from industry experts that state in basically every factor of the marketplace, that the real estate market is back! Isn't it time for you to get off the fence and jump back in? Isn't it time for you to get on with your life? If not now, then when? If you are not going to take advantage of one of the best market conditions we have seen in nearly 40 years, will you ever do so? … (3 comments)
for buyers: FHFA Releases 3rd Quarter 2014 Home Prices
- 12/01/14 05:32 PM
FHFA Releases 3rd Quarter 2014 Home Prices The FHFA released the 2nd Quarter Home Prices for 2014. Looking at the breakdown regionally, year-over-year, prices are up across the country. We always like to give you the regional outlook so you can compare different areas of the country.
Breaking down prices by state, with the exception of Connecticut, the entire country is experiencing higher prices than the 3rd quarter of 2013.
If you have a client who is relocating to another state, it is important to show them the different rates at which home prices are appreciating to show them how waiting … (0 comments)
“Broad-based Slowdown for Home Prices” That is a headline you might have seen over the past weekend. And though it is true, we must understand the story behind the headline. Case Shiller reports on the year-over-year difference in home values. Their latest report revealed that the rate of appreciation has slowed – not that prices are falling!! Here is exactly what they said: “The 20-City Composite gained 4.9% year-over-year, compared to 5.6% in August.” Prices are still up this month over last year’s values (4.9%) just not as much as they were last month (5.6%). … (0 comments)
for buyers: Homes For Sale With a Pool in Northeast Tarrant County
- 11/29/14 10:50 AM
Why Homes For Sale With A Pool? Find the current homes for sale with a pool in Northeast Tarrant County. Why do you want a home with a pool? Because this is Texas of course, or have you forgot about those 100 degree days in August already?
Listing Details Homes for Sale With a Pool in Northeast Tarrant County 8661 Funtier Ct. Fort Worth, TX 76179 Price: $171,875 MLS number: 13046856 Bedrooms: 3 Bathrooms: 2 Square Footage: 1774 Call John Hrisco & Associates at 817-725-0157 to see if this property is still available and arrange a showing. You Will Love the Views of the Eagle … (1 comments)
According to the latest (NAR's) National Association of Realtors November Existing Home Sales Report, on average in the United States, 14, 410 homes sell every day. Prices are up 5.5% over this time last year. Inventory is up 5.2% over last year and sales are up 1.5% over last month (October '14). Everything is up; the only thing not mentioned in this graphic is interest rates, they are up nearly 1% from where they were last year, and are expected to rise nearly another 1% by this time next year according to all the … (1 comments)
Here is hoping you and your family have a Wonderful Thanksgiving Holiday weekend. Remember, moderation is the key when it comes to eating turkey and partaking in some libations. My sincerest wishes for you to have a safe, cozy and fund filled holiday weekend with your family and friends. Oh, and I almost forgot, GO COWBOYS! (picture taken of our beautiful young 3 yrd old red oak this very morning) … (3 comments)
In a recent video update on the housing market, Frank Nothaft, Freddie Mac’s chief economist, stated that with both mortgage interest rates and home prices projected to increase in 2015 buying now makes sense. “If you are planning to buy a home in the next year, it’s better to do it sooner rather than later.” Here are the latest mortgage interest rate projections from four major housing entities: Fannie Mae, Freddie Mac, the Mortgage Bankers Association (MBA) and the National Association of Realtors (NAR):
Thinking of Selling & … (0 comments)
for buyers: Top 5 Benefits of Using a Professional to Buy a Home
- 11/25/14 05:33 AM
Top 5 Benefits of Using a Professional to Buy a Home Every year the National Association of REALTORS releases their Profile of Home Buyers & Sellers, in which they reveal the results of a yearlong survey of buyers and sellers. The latest profile revealed what actual buyers saw as the benefits of using an agent during the home buying process.
Here are the Top 5: #1: Helped the Buyer Understand the Process Whether it is your first time purchasing a home, or you’re an experienced buyer, there are over 230 possible actions that need to happen during every successful real … (2 comments)
The above infographic is a look at a Snapshot of Mortgages, Interest rates, FICO Scores, and Mortgage Credit Availability over the past couple of years since 2013. You can see rates initially started fairly low in January of 2013, around 3.25%, but then rose fairly quickly throughout the course of 2013 to around 4.6%, then retracted a little in 2014, but were still nearly .75 of a point higher than at the beggining of 2013. But as you can see, experts are projecting rates to rise to over 5% by the end of 2015. We have … (0 comments)
Southern Denton and Tarrant County Texas Real Estate Blog By Hrisco & Associates. As an Roanoke, Texas REALTOR; Northeast Tarrant County & Southern Denton County Real Estate Expert, I am proud to say that I live here, work here, and play here! My blog will feature real estate information, market activity specific to: Argyle, Keller, Fort Worth, Southlake, Westlake, Grapevine, Haslet, Colleyville, North Richland Hills, Roanoke, Trophy Club and surrounding cities. Whether you are a local buyer, seller, renter, investor, resident or fellow agent, I hope that this blog will provide insight as to what makes Roanoke, Argyle, Ft.Worth, Keller and Northeast Tarrant and Southern Denton County such a unique place to live!
Our sole goal is to bring you the most up-to-date information in regards to the Real Estate Marketplace and how it may effect you. Moving forward, we will only post information that we feel is relevant to the real estate industry and how it effects the consumers in general as well as information about the communities we serve. We sincerely hope that when it comes time for you to be in need of Real Estate services that you give us a chance to be of service to you. Let us put our 18+ years of experience in real estate here in the Metroplex to work for you.
John Hrisco & Associates is proud to announce the launch of our new mobile app, now available in the App Store and Google Play, be sure to download it now!
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