Better Get Ready!

By
Real Estate Broker/Owner with Artistic Real Estate Group 0252063

North Texas continues to have extremely good deals available for home buyers! Mortgages for people with fair credit and who have a job are plentiful, and the rates are not very high - a fact that may not last long! Due to the subprime foreclosure rate, there is a lot of inventory, althought purchases are proceding at a regular rate. That's due to the fact that the DFW area is a business magnet, has a lot of diversity, and many companies are bringing in new employees. This means that when the inventory bubble is over, there will be upward price pressure brought by the market. So, if you purchase now, if you want ot sell in a typical time period you are likely to find the value has increased. So if you think that you would like to own a home within the next year, the sooner the better!

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Rainer
157,132
Sandy Childs
Keller Williams Realty - Spartanburg, SC
Realtor - Spartanburg, SC

Welcome to Active Rain! I look forward to reading more of your blogs. This is an excellent way to network. Spartanburg, South Carolina, too still enjoys good deals for buyers and a relatively stable job market.  Let's keep each other in mind for referrals!

Nov 12, 2008 05:36 AM #1
Rainmaker
14,371
Greg Knapp
Artistic Real Estate Group - Plano, TX
- Experience Counts!

Thank you, Sandy! Now if I can only figure this whole Active Rain thing out!

Nov 12, 2008 02:35 PM #2
Rainer
34,552
Marcy Fedalei
Keller Williams Realty - Spartanburg, SC

Great start on ActiveRain! Welcome and thank you for sharing your thoughts and ideas.

Nov 12, 2008 08:46 PM #3
Rainmaker
14,371
Greg Knapp
Artistic Real Estate Group - Plano, TX
- Experience Counts!

I am still trying to figure out the value, does the public use this or is it a self-congradulatory industry brownie points device? For example, the Real Estate page on Sundays - WHO READS IT THAT MATTERS?

Nov 12, 2008 11:54 PM #4
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Rainmaker
14,371

Greg Knapp

- Experience Counts!
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