Dallas Area Real Estate
74 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Rescooped by Kim Taylor Honea from money matters
Scoop.it!

Don’t Get Declined After Being Pre-Approved for a Home Loan

Don’t Get Declined After Being Pre-Approved for a Home Loan | Dallas Area Real Estate | Scoop.it
Here are 18 things to avoid, ensuring you don’t get declined after being pre-approved for a home loan.

Via John M. Holland
Kim Taylor Honea's insight:

I've has buyers get "unapproved" right before closing because of major purchases, like appliances and furniture.   Don't make these mistakes and make sure you close before furnishing your new home.

more...
John M. Holland's curator insight, July 7, 2014 9:45 AM

Here are 18 things to avoid, ensuring you don’t get declined after being pre-approved for a home loan.

Rescooped by Kim Taylor Honea from Texas Real Estate
Scoop.it!

How to Beat a Cash Real Estate Offer

How to Beat a Cash Real Estate Offer | Dallas Area Real Estate | Scoop.it
How to beat a cash real estate offer by making your credit offer more appealing to most home sellers. See the tips to beat a cash offer.

Via John M. Holland
Kim Taylor Honea's insight:

This is mostly for my real estate friends who are trying to win deals in this crazy market, but it also applies to anyone purchasing a home.  It's hard to be the top offer against a cash buyer.  This article provides some tips to help you tweak your offer so it competes against a cash offer. 

more...
Bill Gassett's comment, May 28, 2014 11:09 AM
Thanks for sharing how to beat a cash buyer John and Kim!
Rescooped by Kim Taylor Honea from Texas Real Estate
Scoop.it!

10 Real Estate Tips For Homebuyers and Sellers in 2014

10 Real Estate Tips For Homebuyers and Sellers in 2014 | Dallas Area Real Estate | Scoop.it

Via John M. Holland
more...
John M. Holland's curator insight, April 29, 2014 3:45 PM

Quote from author of post: Homeowners enjoyed double-digit price growth in the first half of 2013, greatly exceeding experts' predictions of a year ago and even settling into pre-recession values in many markets. Though there was some softening in the second half, sellers remain in their element and are turning the screws on anxious buyers who fear further price spikes and escalating interest rates. New-construction home sales are up, previously underwater properties are in positive equity again and investors are turning their attention to "secondary markets" to find value. Economists expect house prices to rise another 4 percent to 5 percent in 2014, meaning remaining bargains will get even more sparse.

With that in mind, here are 10 tips befitting the up-market of 2014.



Scooped by Kim Taylor Honea
Scoop.it!

High-Rise Apartment Buildings Sprout in Downtowns Nationwide - Wall Street Journal

High-Rise Apartment Buildings Sprout in Downtowns Nationwide - Wall Street Journal | Dallas Area Real Estate | Scoop.it
Wall Street Journal High-Rise Apartment Buildings Sprout in Downtowns Nationwide Wall Street Journal With most Americans seeing slow growth in their paychecks, many who want to buy a home either can't get a loan or are still saving for a down...
more...
No comment yet.
Rescooped by Kim Taylor Honea from Texas Coast Real Estate
Scoop.it!

Texas oil production moving up in world ranking

Texas oil production moving up in world ranking | Dallas Area Real Estate | Scoop.it
Eagle Ford ShaleTexas oil production will reach over three million barrels per day, and by the end of this year, Texas’ oil production could exceed the output of every OPEC country but Saudi Arabia.

Schematic section showing the Eagle Ford Shale

The state’s production, driven mainly by the Eagle Ford Shale in South Texas and the Permian Basin in West Texas, will reach about 3.4 million barrels per day, propelling Texas past Iraq and Iran, said Greg Leveille of ConocoPhillips.

Among non-OPEC countries, only Russia, the United States as a whole, China and Canada would exceed Texas’ oil production, making the state the world’s sixth-largest producer.

“This is the greatest comeback story you can possibly imagine,” Leveille said at the Eagle Ford Consortium conference in San Antonio.

Leveille said the high crude oil content of the Eagle Ford and the high level of returns that Houston-based ConocoPhillips and other operators are seeing mean it has the greatest potential of all U.S. shale fields.“The Eagle Ford is by far the most important unconventional reservoir play in North America today,” Leveille said.

“We want to talk about the boom without having a bust.” Leveille said the region will see “decades and decades of production.”

“What you’re seeing unfold in the Eagle Ford is probably the greatest energy success story we will see in the 21st century,” Leveille said.The Texas Alliance of Energy Producers’ estimates are slightly less optimistic than Leveille’s, but also point to surging production.The industry group estimates the state’s crude oil production rose to 2.7 million barrels per day by the end of 2013 and will cross the 3 million mark before year’s end.

South Texas is transforming alongside the Eagle Ford – a formation that everyone in the industry knew was there all along, but could never tap. Drillers used to talk about getting gas “kicks” while drilling through the shale.

Source: Texas oil production moving up in world rankingRelated articlesTexas Produces More Oil Than 11 OPEC Nations (drudge.com)This Texas Oil Play Keeps Getting Bigger (dailyfinance.com)ConocoPhillips projects Eagle Ford growth and more (bizjournals.com)
Via Michael Stuart
more...
No comment yet.
Rescooped by Kim Taylor Honea from Today's Real Estate
Scoop.it!

Cost Across Time: Avg. Interest Rates and Mortgage Payments.

Cost Across Time: Avg. Interest Rates and Mortgage Payments. | Dallas Area Real Estate | Scoop.it

Via John M. Holland
Kim Taylor Honea's insight:

Excellent depiction of interest rates and mortgage payments through the last 40 years.  Good thing we aren't in the 80's anymore.  


If you are on the fence about whether or not now is a good time to buy a house (or refinance), it is!  

more...
John M. Holland's curator insight, June 2, 2014 10:38 AM

We still have historically low rates and average payments.  Here is an info graphic that shows it is a good time to buy (or sell and then buy) a home.

Rescooped by Kim Taylor Honea from Texas Real Estate
Scoop.it!

Texas economy expected to pick up

Texas economy expected to pick up | Dallas Area Real Estate | Scoop.it

Via John M. Holland
Kim Taylor Honea's insight:

A better economy means more jobs, which means more people needing homes.  And with the current shortage of available inventory we will continue to see higher sales prices.  It's all good news.

more...
John M. Holland's curator insight, May 12, 2014 8:55 AM

The state’s robust energy and construction industries are expected to continue growing this year, generating jobs and related economic activity.

Rescooped by Kim Taylor Honea from Real Estate Marketing
Scoop.it!

Top 10 Income Tax Deductions for Primary Residences

Top 10 Income Tax Deductions for Primary Residences | Dallas Area Real Estate | Scoop.it

Via John M. Holland
more...
John M. Holland's curator insight, March 22, 2014 11:22 AM

As a whole, the tax deductions for homeowners remain largely unchanged for the 2013 tax year. However, if Congress doesn't act, many of these will expire.

Dawn Mullen's curator insight, March 25, 2014 11:45 AM

Good information.

Scooped by Kim Taylor Honea
Scoop.it!

The New American Dream Is Living in a City, Not Owning a House in the Suburbs - TIME

The New American Dream Is Living in a City, Not Owning a House in the Suburbs - TIME | Dallas Area Real Estate | Scoop.it
The New American Dream Is Living in a City, Not Owning a House in the Suburbs
TIME
In June 2002, several years before the peak of the housing boom, President George W. Bush famously proclaimed that the American Dream is to own a home.
more...
No comment yet.
Rescooped by Kim Taylor Honea from Texas Real Estate
Scoop.it!

More than one in 10 Dallas-area houses sells within 72 hours

More than one in 10 Dallas-area houses sells within 72 hours | Dallas Area Real Estate | Scoop.it
If you plan to sell your house this spring, you'd better be ready to move. More than one in 10 houses that are put on the market in the Dallas area have a buyer within three days of the sign going up, according to a new report by Redfin.com. And almost 40 percent of Dallas-area houses sell ...

Via John M. Holland
Kim Taylor Honea's insight:

It's amazing how fast homes are selling right now.  Most of the time, buyers are being told to expect a multiple offer situation and to offer at least the listing price, if not a little higher. 

 

If you are buying a home, you need to be pre-qualified and ready to act if you see a home you like.  The days of thinking about a home and coming back a few days later for a second look are over, at least right now.  

more...
No comment yet.