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All Blog Entries by Mike Askins

Mike Askins, owner of ARG, is a recognized leader in DFW new home sales. New home buyers need new home realtors to avoid mistakes and Mike Askins is an experienced professional you can trust.

Found 374 blog entries published by Mike Askins.

Over-priced is No.1 Reason MLS Listings ExpireAt the end of the day, every home has a price the market will agree with and knowing that approximate price tag is the first order of business for any successful home sale. Over the years ARG has listed and sold 100's of area pre-owned homes for our Free Move-up buyers and today, after nearly 13 years, ARG enjoys one of the highest success rates selling our client's listings and that is due to a careful understanding of value. Read ARG's Marketing Plan.

Also, many ARG clients enjoy up to a fully commission free sale of their home, meaning even if they must sell for less than list price, their NET proceeds from the sale of their home would still be thousands of dollars higher than if they listed with a traditional full cost broker charging up to 6%.   

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The monthly cost of home ownership, via higher mortgage interest rates, is expected to rise later this month when the Federal Reserve convenes to review current economic activity and interest rate policy. Experts anticipate the Fed will have no choice but to raise rates again. Since September, the Federal Funds Rate has increased by 0.5%. March's increase will mean the Federal Funds Rate will rise to 1%. During the recession of 2008/9, the Federal Funds rate dropped to just 0.25%.

Historically speaking, today's mortgage interest rates are still very low, however with economic forecasts heating up, price inflation becomes a threat to economic stability and hence a higher cost of borrowing is generally the tool used to combat inflation. Experts are

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Looking for a new home in Dallas-Fort Worth? Here are the top 10 new home price drops in DFW for the week of February 19, 2017. You'll see they range from 24% to 10%, and if you buy from Askins Realty Group, will qualify for our rebate. This is just a snapshot of our favorite deals, check our DFW Price Reduction Page to get the entire list.

Top 10 DfW newhomepricedrops for February 19, 2017

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Near $90K Foley Pool-Spa! Amazing Views, Travertine Decking, Frisco TXThis luxurious Frisco 4 Bedroom, 3.5 Bath, 3 Car Garage home with Game-Media-Study is a modern home with a Digital (Binary) Address! This home offers a private over-sized backyard with an amazing Foley Pool-Spa surrounded by an in-laid Travertine Marble Multi-level decking. The outside is essentially a "Resort-Styled" retreat. In the morning you can view amazing sunrises and literally see for miles! A pool lighting system, sets the mood at night!

Modern Home offers 3 living areas plus upstairs loft area, and a master closet that walks through to the utility room. Upstairs includes 2 nice sized bedrooms on a Jack and Jill bath configuration with large walk in closets. Upgrades includes upgraded soft close Cherry cabinets with cabinet hardware, built-in

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February is Deal Time with DFW's Best New Home Builders!The February new homes sales push is on! Select Dallas Fort Worth Builders are offering extra incentives, in the form of special price reductions (not shown in MLS), and increased closing cost incentives for February contracts in select communities. You don't need to close in February, but you need to get your deal on paper to lock in special discounts.

The housing market is a constantly changing dynamic, when sales are slower, as they often are during winter months, builders increase incentives to maintain contracts and closings. For a prospective home buyer, this is what is referred to as "being in the right place at the right time." Additionally, pre-owned inventory for sale is near record lows, and so now would be an ideal time to list and sell

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Drees Homes Dallas Fort Worth 2016 Fiscal Year-end Sale"Help the Builder, Make their Fiscal Year numbers, and they'll help you make yours." Many people don't realize, that with Real Estate, being in the right place at the right time, can save you money and help you pad your future home equity when the time comes to sell. Unlike pre-owned real estate, where a seller is really under no pressure to sell, home builders are businesses and they can't afford to be married to unsold inventory.

Home builders as a business must CLOSE unsold inventory, to pay their bills and maintain cash flow. Unsold inventory erodes profit margins, unlike unsold lots that cost builders nothing. SPEC homes cost builders monthly interim interest payments, utilities, landscape and cleaning costs plus insurance costs, which all work to

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You've spent thousands of dollars and countless hours fixing your home up not to mention all the other upgrades you've added and expenses you've borne maintaining your home. You're particular with your home's look and if the truth be told, proud of all your efforts. If that describes you, then the last thing you want is to list your home with an agency that can't tell your home's individual story using well composed professional MLS photography.

Poor quality MLS photos can work against your listing, bring fewer showings and increase your days on market.

The No.1 Problem with Digital MLS Photography is Limited Dynamic Range

Poor MLS Photography Harms Your ListingIf you carefully view the slideshow below, you'll first see what the camera saw, followed by post processed RAW images by ARG

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UNDER CONTRACT 2/14/2017. Every once in awhile a head-turning listing like this hits the market. Owners built this carefully planned luxury home from an empty 1/3rd-acre lot in Whitley Place and enhanced it with professional outdoor living touches everywhere. In total over $326,000 in upgraded features.

Original owners are non-smokers with no pets. 

What makes this home so rare is its amazing near perfect condition, interior decorator touches, and completely unexpected floorplan that artfully integrates multiple outdoor living spaces with a smart interior 1.5 Story floorplan. Outdoor living includes 2 open (uncovered) courtyards, one in front, one in the center back, a large covered living area with Fireplace, TV connection port and built-in

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American Legend Homes offers quality built new homes, smart floorplans and excellent community locations across Dallas Fort Worth. American Legend Home buyers can expect exceptional value for their home buying budget, and a builder name that is highly respected in the pre-owned market should you ever need to sell your new home. You can quickly view all American Legend Homes for Sale in MLS, and find a community that fits your location and budget needs.

ARG can help you negotiate and assist you with your important new home purchase

American Legnd Homes Cash RebatesARG buyers gain a major 4% cash rebate advantage ($400,000 = $16,000 Cash Back!), or Free Move-up in addition to ALL builder incentives and sales promotions. ARG can help connect buyers with proven lenders who can

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New homes in Melton Ridge, Stonebridge Ranch

Here's a sneak peek at the next four homes that American Legend Homes will be completing by August. Act now to get first choice and the most desirable lots. Talk to Mike about applicable new home rebates and how you can save thousands on your new Melton Ridge home purchase.

8800 Abbington Plan 116F - 3,775 s.f., $516,403 (Model floor plan)

  • 5 bedroom home with 4 full baths, 1 powder bath and study
  • Kitchen has double ovens, large island and granite countertops
  • Large master bedroom with bay window downstairs
  • Guest suite with full bath and study
  • Hand-scraped hardwood floors in entry, dining, kitchen and family room
  • 3 bedrooms upstairs, 2 baths and large game or media room
  • Stone elevation and extended outdoor living area at
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