Freddie Mac's October housing report is titled "Finding Solid Ground."
While the housing market certainly cools a bit nationally, we find some comfort in this report noting the trend seems to be levelling. Also, the mortgage giant feels the likely negative impact on the economy as a whole will be neglible. Read more here: http://www.mortgagenewsdaily.com/10112006_October_Housing.asp
Thursday, October 12, 2006
Sunday, February 05, 2006
Hats Off to Builders in Texas
The Texas housing market continues to be strong. A quick look around DFW shows new construction of luxury highrises, high-end condo conversions and single family residential.
Is it too much? Home builders don't think so.
TheStreet.com reports builders like Centex and Ryland are experiencing growth in Texas that is helping to offset slowdowns in other areas including California and Nevada.
http://www.thestreet.com/_tscrss/markets/realestate/10265473.html
While higher energy prices were expected to dull the home building market overall, they seem to be fueling growth in Dallas, Houston, San Antonio and Austin.
Is it too much? Home builders don't think so.
TheStreet.com reports builders like Centex and Ryland are experiencing growth in Texas that is helping to offset slowdowns in other areas including California and Nevada.
http://www.thestreet.com/_tscrss/markets/realestate/10265473.html
While higher energy prices were expected to dull the home building market overall, they seem to be fueling growth in Dallas, Houston, San Antonio and Austin.
Saturday, January 07, 2006
Housing Bubble Morphs into Soft Landing
Economists and bloggers alike seem to see the housing bubble morphing into a soft landing.
For all the doom and gloom of housing sector prognosticators and talking heads last summer, general sentiment now indicates the view that residential real estate and the economy as a whole are more likely to enter a Cinderella phase. That is, not too hot, not too cold.
The following article from Matrix displays a graph of blogs mentioning either "housing bubble" or "soft landing" in their titles and a few other noteworthy links: http://matrix.millersamuel.com/?p=318.
For all the doom and gloom of housing sector prognosticators and talking heads last summer, general sentiment now indicates the view that residential real estate and the economy as a whole are more likely to enter a Cinderella phase. That is, not too hot, not too cold.
The following article from Matrix displays a graph of blogs mentioning either "housing bubble" or "soft landing" in their titles and a few other noteworthy links: http://matrix.millersamuel.com/?p=318.
Friday, January 06, 2006
Real Estate Hot Buttons
Knowing what we want and why is the first step to getting it. The best Realtors are keenly interested in people; they ask perceptive questions and carefully listen to their client's responses.
This article from Mortgage News Daily talks about Real Estate Hot Buttons and hits the nail on the head. Real Estate Hot Buttons Can Impede Your Home Search
This article from Mortgage News Daily talks about Real Estate Hot Buttons and hits the nail on the head. Real Estate Hot Buttons Can Impede Your Home Search
Matchmaking Realtors
"Matchmaker, matchmaker, make me a match." As a Realtor, I have had my share of clients setting me up on dates - usually unexpectedly. Occaisionally with good results.
At a dinner celebrating a recent closing, a client brought a girlfriend from the office (it was their regular girls' night anyway) who liked to cook and happened to play tennis. Oh, really, perhaps we should hit sometime.
The brother of a noted Dallas broker met his wife through a real estate transaction; my neighbor, Liz, who owns Starfish Creations, told me her sister in Austin married her Realtor! Hmm...
Often it seems to work the other way around. A good Realtor can hook you up with the perfect architect, mortgage broker or handyman. Why not Mr. or Ms. Right? Here is an interesting take on the Realtor as matchmaker dynamic: http://www.nytimes.com/2006/01/01/realestate/01cov.html.
At a dinner celebrating a recent closing, a client brought a girlfriend from the office (it was their regular girls' night anyway) who liked to cook and happened to play tennis. Oh, really, perhaps we should hit sometime.
The brother of a noted Dallas broker met his wife through a real estate transaction; my neighbor, Liz, who owns Starfish Creations, told me her sister in Austin married her Realtor! Hmm...
Often it seems to work the other way around. A good Realtor can hook you up with the perfect architect, mortgage broker or handyman. Why not Mr. or Ms. Right? Here is an interesting take on the Realtor as matchmaker dynamic: http://www.nytimes.com/2006/01/01/realestate/01cov.html.
Wednesday, January 04, 2006
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