Stock Market
It’s a critical week for housing, says Bob Johnson (AKA BobMortgage) in our Mortgage Report. With the federal government thrown into chaos after a shutdown and a turbulent stock market, should you lock or float? Arm yourself with information in these quickly changing times from our most-trusted mortgage expert, senior mortgage adviser for the nation’s oldest…
Read MoreNote to self: never wear white or Pucci when you are standing next to four gorgeous women, three of whom are Virginia Cook agents! I believe the prerequisite for being a Virginia Cook agent is to be shapely, blonde and beautiful. Or a curvy, gorgeous brunette like Jolene Crawford, who kept us blonde babes at…
Read MoreRecent convo with an agent who is seeing a problem in the market with new listings right now. Because the first quarter of 2012 was brisk, he thinks maybe prices are goosing up. Quarter One was brisk because buyers and sellers had become more reasonable, not because prices were up. When that excitement is “improperly communicated”, sellers start “overpricing” their homes, because of the perception that the market is busy, he says.
Read MoreI just got off line with one of my fave mortgage gurus, Ron Schulz, over at Reliance, asking him what effects this new liquidity deal might have on our local real estate market. I love what he said: “It means they are trying to assure the world that there is money in the system. If China…
Read MoreDiscovery Land Company was in town last Tuesday night for a beautiful presentation at The Dallas Petroleum Club. If you compare developers to handbags, Discovery is the Birken Bag with a Louis Vuitton wallet inside. Discovery developed Vaquero and a number of uber high end communities from Texas to Arizona, and has the kind of sterling reputation most…
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