Interesting video blog about the HUD’s reserve funds and their request for a Federal bailout.
Source: TBWS Daily Show
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Gina Branch | DFW Realtor® | Dallas Homes | RE/MAX Dallas Suburbs
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The good news is that pipe is nothing more than a clean-out for the homes sewer system. If there is ever a problem with the sewer system, a plumber can use the clean-out to diagnose the problem. Many plumbers have a snake with lights and a camera on the end so they can find clogs or breaks in the sewer lines. The bad news is that it should be covered. However, it was an easy fix. We took him down to our local hardware store and purchased a rubber cap and a large clamp. We went back to the home and had him fixed up and ready to go in 20 minutes. Need professional help? Click here to find a plumber in our Business Directory.
Photo Copyright 2012 Imaged2Sell We’re finally getting the housing market going again and now new Federal Regulations may make it even harder for buyers to obtain a mortgage.
We’ll have to wait and see what impact this has on our fragile housing recovery.
Source: San Francisco Chronicle We’ve reported on this type of rental scam for several years. It appears to be happening all over the country now.
If you’re looking to lease a home, we suggest working with a licensed professional.
While the rain drought in the greater Dallas area appears to be over, the number of available homes for sale continues to dry up. Buyers who have been sitting on the fence for two years are finally in the market but are finding few homes for sale. Many sellers we’ve talked to want to wait until the spring to list their homes. While conventional wisdom is that the spring is the best time to list, I’m going to argue that now is the time rather than waiting until the spring. Why? It’s about supply and demand. Currently we have high demand and low supply. Listings are up 2 percent but sales are up 17.3 percent. Homes are selling almost 9 times faster than they are being listed. Days on market are down to 61 days and the average sales price is up 2.5 percent year-over-year. In the spring, conventional sellers will be listing their homes driving up supply. Thinking about selling? This is one of the best times in years. Want to know your home’s value? Click here to get a free market analysis. Are you looking for an experienced listing team? The Branch Team was named a 2012 Residential Real Estate Top Producing Team by D Magazine. Contact us at 214-227-6626.
Photo licensed from iStockPhoto
We’ve been talking about the lack of housing inventory for the past six months. We have a huge demand for houses and the ones on the market that are properly prepared, priced, and show-ready are under contract in a matter of weeks (in a few days below $200k). The question we get asked the most is “why” is this happening.
It’s simple math! Take a look at the chart above–over the past 12 months we seen new listings rise 2 percent, yet closed sales are up over 17 percent. There’s more good news. Days on Market has dropped from 95 days to 71 days and the average sales price is up 2.5 percent over last year. Even more significant is the Months of Supply which is down 36.8 percent to just 3.4 months. What’s the take-a-way for home sellers and buyers? If you are looking to sell, this is the best time in years. Selling now allows you to move up or move down taking advantage of the market condition not only in selling but also allows you to take advantage of the historic low mortgage interest rates. If you’re looking to buy, you need to move quickly. Gone are the days of searching for months and coming back to see how much prices have been reduced. Wait a few weeks and the house will be under contract. The same is true for making low offers just to see what happens. We’re seeing multiple offer situations on many houses. Looking to sell or buy a home in the North Texas area? Click here to search for homes for sale in north Texas. Contact us at 214-227-6626 if you need more information or want to work with an award-winning real estate team in the north Dallas suburbs.
Photo licensed from ShutterStock | Chart created by the Collin County Association of REALTORs
Most people set their systems to run in the early morning so they do not lose water to evaporation during the day. The downside is that they don’t see the system running so unless some good Samaritan lets them know about the broken head it may be too late when they finally figure it out. The best idea is to test the system once a month. Most systems will allow you to run each zone manually for a couple of minutes so you can quickly check to make sure the system is running properly. Broken heads can be replaced for a couple of dollars and a few minutes of your time. Do yourself and your lawn a favor–check out your sprinkler system!
Photo Copyright 2012 – Tom Branch |
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GINA BRANCH - RE/MAX Dallas Suburbs | Each Office Independently Owned and Operated
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