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January 2019

Found 7 blog entries for January 2019.

 

November new home sales beat expectations from CNBC.

This morning Rick Santelli reported a surprise ~17% uptick in new home sales for last November. It is my opinion that the December sales report may be even better. As real mortgage interest rates decline, and as the Federal Reserve signals it will remain neutral with future rate increases, home sales are responding positively.

Benzinga is reporting that an industry analyst is turning more bullish for builder stocks in 2019, suggesting a modest correction to the upside for home builders. 

If you put off buying, you might want to reconsider. Banks are competing for your mortgage business and that has driven rates down from their 5% peak last year. New home prices, although still

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Builder Says SELL IT! Huge Price Reduction

Patio Homes offer detached "Single Family Home" ownership, a convenient come and go lifestyle option (next to nothing to maintain outside of the home), making it a perfect choice to own for busy professionals, versus tossing money away on rentals. RIGHT NOW, mortgage rates for 30 year money is as low as 4.125% (I can help you find out where) and the builder has dropped the price of this model home from over $500K to $419,990, and there is a $10,000 CASH REBATE for ARG™ clients, that can be used towards final settlement costs, or a check paid the next business day after closing.

Model Home Features

  • Excellent Location Near 121 US75, Custer Road, Allen, and Plano
  • 5 Star Master-planned Community
  • PGA Golf Course
  • Hike and Bike and Cooper
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Incredible Hollyhock Value!! Better Than New Highland! Back on market!

Announcing 1930 Passionflower Road Frisco / Frisco ISD is Back on the Market and ready for a fast CLOSE! Check it Out! Loaded up Highland has what your are looking for!

And just like that, Hollyhock in Frisco now finds itself bordering the newly announced 600 acres PGA Headquarters that will host its "Grand Opening" celebration in 2022! I mean, who could have predicted this?

This new 36 hole tournament class golf course will quickly become the new epicenter for the PGA in the United States. What is planned are 2 - 18 hole PGA tournament class golf courses that are slated to host its first professional tour events in 2023. Also included, as reported on pga.com are a "short course and practice area totaling 45 holes; a clubhouse; Class AA office

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The Great Texas Property Tax Grab Must END in 2019

Whether he knows it or not, by the time Governor Abbott leaves office, he will most likely have presided over the largest property tax increase in Texas history, unless sweeping assessment adjustments soon occur, especially in and around Texas' largest metropolitan areas. 

While Abbott generally offers support for President Trump's Federal tax reduction efforts, home ownership has become increasingly less affordable in part due to the widespread practices of Texas Central Appraisal Districts over inflating real property values, causing property tax bills to soar. And if that weren't bad enough, Federal property tax deductions under the new Federal Tax Laws are now capped at $10,000, adding insult to injury. 

As we head towards yet another

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Avoid Common Home Seller Listing Pitfalls

Dallas Fort Worth area home sellers just loved it a few years back, when area housing was in short supply, the Fed's printing presses were in full production, and buyer demand was sky high, but that all ended when the Fed decided to rapidly increase the cost of borrowing, slowing demand and forcing the housing market to correct. 

Rates are now lowest in last 8 monthsToday's rates, however, are the lowest going back 8 months, and buyer demand, as a result, is picking back up, showing just how wrong the Fed was to raise rates in the first place. How long this downward rate trend repreive will continue, is anyone's guess, but for sure you can save on monthly payments with today's lower mortgage rates. 

DFW Area Mortgage Interest Rates are now the Lowest in 8 Months!

How to Succeed in a more Traditional North Texas Housing Market

Today's

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Home Cost Across Time, From the 70's

Some Highlights:

With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.0% by this time next year according to Freddie Mac. The impact your interest rate makes on your monthly mortgage cost is significant! 

Our preferred lender, Core Team USA Mortgage, is now offering the most competitive rates to be found. The Core Team is a full-service, large mortgage lending operation located in McKinney Texas. They offer some of the fastest loan services available in the DFW Metroplex because they staff in-office underwriters and loan processors.  Learn more about how the Core Team can help you.

ACCESS THE MOST ONLINE PUBLIC MLS LISTING INFORMATION -

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Drees Homes 2018 Fiscal Year-end Sale is NOW! Find all Drees Homes, Find Price Reductions, and Get a Buyer Cash Rebate!

Drees Homes are amazing, Drees Fiscal Year-end Sales are the BEST!

Between NOW and 3/31/19 you have an exclusive opportunity to find special savings in all 22 Dallas/ Fort Worth Drees Communities. To get Drees BEST New Home Savings you simply need to be able to close your new Drees home by 3/31/2019. Remember that with any new home inventory clearance sales, getting there first offers you the best selection of available new homes.

ARG Clients Get Up to 3% Cash Back!

Drees Custom Homes 2018 Fiscal Year-end Sale for Dallas Fort WorthARG Rebates are ALWAYS in addition to all Drees sales promotions and negotiated discounts. Choose how you want to use your cash rebate, from cash back to closing costs. With ARG we guarantee you'll do better with us, than on your own. ARG clients ALL benefit from access to ALL MLS

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