February 2011 Sales Promotion

Best Black Friday Deals? A New Home...

With all the deals going on we didn't want you to miss out on local home builders & their Black Friday Deals. It is usually big retailers offering flat-screen TV's and high-tech appliances that consumers covet. But this year local new home builders are getting in on the Black Friday action!

Search the MLS or Local Builder Inventory Now.

This holiday season is also the perfect time to start house-hunting. With the winter selling lull just around the corner, now is the perfect time to consider buying a home. Homes are much less expensive this time of year.

Contact us to learn more about the 3 BEST FREE BLACK FRIDAY INCENTIVES offered from local home builders & why buying real estate might be the best investment for you and your family this holiday season.

*Only 1 Incentive Coupon applicable per home. Incentives are not available with any other incentives or offers

Screaming Home Sale

A Top National Home Builder is offering an amazing sale this weekend:

July 31st - Aug 2nd

Call me TODAY to find out what all the fuss is about! 469.774.2703


Contact me TODAY to receive an additional $500 towards Closing Costs!

30-Year & 15-Year Fixed Mortgage Rates at Record Lows!

Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®), with the 30-year and 15-year fixed-rate mortgages reaching record lows for this survey. (The 30-year fixed-rate survey began in 1971, and the 15-year began in 1991.)

30-year fixed-rate mortgage (FRM) averaged 4.56 percent. At this time last year the 30-year FRM averaged 5.20 percent.

15-year FRM this week averaged a record low of 4.03 percent. At this time last year the 15-year FRM averaged 4.68 percent.

5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.79 percent. At this time last year the 5-year ARM averaged 4.74 percent.

1-year Treasury-indexed ARM averaged 3.70 percent this week. At this time last year the 1-year ARM averaged 4.77 percent.


"The decline in mortgages rates over the past few weeks echoes the recent signs of weakening confidence in the strength of the economy, particularly the housing and consumer sectors. For example, homebuilder confidence declined in July to lows not seen since April 2009, as measured by the NAHB/Wells Fargo Housing Market Index, following the large drop in housing starts reported for June. Similarly, July's consumer confidence dropped to the lowest level since August 2009, based on the Reuters/University of Michigan's Consumer Sentiment index. We see these as part of the normal pattern of ebbs and flows in recovery and believe that there is sufficient momentum to carry the U.S. economy forward, albeit moderately."

-Frank Nothaft, vice president and chief economist, Freddie Mac

Dallas Ranks #9 in Forbes' Top Ten Best Housing Markets...

Dallas has been able to stay on top despite the market down turn.

Things are looking up, Forbes.com released their list of Top 10 Best Housing Markets based primarily on the stability of each metro area as measured by affordability rankings and foreclosure rates as an indicator of a lack of excess inventory, making the top cities what they call the best opportunities for home shoppers. Lists are a dime a dozen, but Forbes is pretty reliable with their data analysis and take a big picture view of the market.

Here are the top ten best housing markets:

1. Pittsburgh, PA
2. Louisville, KY
3. Houston, TX
4. Minneapolis, MN
5. Indianapolis, IA
6. Memphis, TN
7. Columbus, OH
8. St. Louis, MO
9. Dallas/Ft. Worth, TX
10. Austin, TX