According to the Dallas, Texas News, a seniors housing community is planning to be built and Turtle Creek seems to be the site of interest for developers. The development would consist of a reconstruction of the old Republic Insurance buildings next door to the Mansion on Turtle Creek hotel and condo tower. The architect hired for the [...]
Know how much you can save. By checking a mortgage calculator and entering the length of the loan, the interest rate, and monthly payments, you can determine the total paid interest that will be out of pocket. Know if you qualify. How much you owe on a previous mortgage and the value of your current [...]
How long will the buyers market last? As home prices are low, interest rates are falling, and without much competition, potential home buyers are feeling pretty calm. But how long will that feeling last? Mortgage professionals guess that housing prices will drop another 5 to 10% and bottom out sometime in 2011, but what about [...]
Foreclosures have been halted across the United States as some loan services signed on foreclosures in court with out verifying the facts. This will further depress sales at a time when distressed properties account for almost a quarter of all transactions. Bloomberg’s Monica Bertran reports in a newscast below: Our Texas Lending services double check [...]
When I started the process of trying to buy my first home, my realtor immediately referred me to Clay Bohannan of Encompass Lending Group. He had nothing but good things to say about him – all of which were completely true. I knew nothing about the loan process and had so many questions that I [...]
It has been eight months since we have seen a pricing decline, but this month Dallas-area home prices are back in the red. Dallas-area home prices were down 0.4 percent in July from 2009 according to the latest Standard & Poor’s/Case-Shiller Home Price Index. This is the first Dallas-area decline since October as home prices [...]
The government has bailed out large banks, Wall Street firms, car companies, and is now possibly trying to save those who have defaulted on their mortgages. Why not? Many of these people bought their homes during the housing peak a few years ago, to realize their Texas mortgages are now underwater even though they are [...]
Karl Case, Co-Founder of the S & P Case Shiller home price index, was recently interviewed on Bloomberg Surveillance about the home buying market and how why thinks all hope is not lost. Case believes there are many positives looking ahead as numbers were up 4.2% in June from last year, and up 3.6% in [...]
Homeowners who recently obtained Colorado mortgages to earn federal homebuyer tax credit may have been better off waiting. According to a recent article by The Denver Post, those who rushed to get now-expired tax credits might have acted a little too soon. Despite the lowest interest rates in over 60 years, home sales and prices [...]
The housing market is expected to recover, but the “glory days” are over for good according to many real estate experts. Housing used to not only provide shelter but also fuel the economy by putting a little padding on homeowners’ investments. Whether it was vacations, golfing, or going out to eat, the 20th century housing [...]
