Mortgages

Prudential Infographic Predicts Optimistic Market, Focuses on Millennials as New Crop of 1st-Time Homebuyers

By Joanna England / August 30, 2013 /

Still not getting the wave of real estate optimism that has been heading to pretty much every shore in the U.S.? Well, Prudential’s Q2 outlook says that if your boat hasn’t been lifted from the rising tide of home prices, then it should as Millennials embark on the American dream of first-time homeownership. There is,…

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Is Dallas a Disaster Area? New Trulia Tool Helps Buyers Avoid Floods, Hurricanes, and Tornadoes, Oh My!

By Joanna England / August 27, 2013 /

I love what Trulia manages to do with a little data. This company is consistently making the best tools that break down statistical information, helping homebuyers decide which areas best suit their needs.

Their newest tool, the Natural Hazards heatmaps, are perfect for seismophobics, potamophobics, brontophobics, and pretty much any other weather-related phobia you can think of. With data from the USGS, FEMA, NOAA, and the Forest Service, Trulia has created color-coded models showing which areas pose the greatest risk for these natural disasters.

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Holy Schmoly More Than Half of All U.S. Homes Sold Last Year Financed by Cash — Goldman Sachs

By Candy Evans / August 22, 2013 /

This caught my eye in the Wall Street Journal last week: “more than half of all homes sold last year and so far in 2013 have been financed without a mortgage, according to an analysis by economists at Goldman Sachs Group.” According to the analysts, 20% of all homes sold before the housing crash were…

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Low Interest Rates May Not be for Everyone: How To Get Your Credit House in Order Before You Buy

By Candy Evans / August 16, 2013 /

The only thing hotter than the temperature in North Texas is our real estate market.  Houses are being snatched on the day they’re listed, and prices are on a steady upward climb. Everyone is raving about the low interest rates that can get you into those houses… hurry before they go up! In fact, experts…

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Dallas Market Reports From CoreLogic, Case-Schiller, and Local Market Monitor Show Record Increases, Optimistic Forecasts

By Joanna England / August 2, 2013 /

It’s Friday, so we want to give you some good news that should hold you over through the weekend’s open houses, while you hover expectantly over the fax machine waiting for a seller to accept your client’s offer. First, the Dallas real estate market has fully recovered to pre-recession levels. Second, foreclosure inventory in Texas…

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