Archive for 'Blog'

Texas, 9 Reasons You’re Leading The Nation…

Posted on 23. Oct, 2011 by .

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Texas is Built for Business Texas is an attractive place for real estate investors. It works hard to stay “business friendly,” and the state’s economic environment supports businesses as they compete in the global economy. Why do investors find Texas so attractive? Let us count the reasons: (1) Texas is leading the United  States in the current economic recovery, [...]

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U.S. loses AAA credit rating from S&P

Posted on 05. Aug, 2011 by .

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(Reuters) – The United States lost its top-notch AAA credit rating from Standard & Poor’s on Friday, in a dramatic reversal of fortune for the world’s largest economy. S&P cut the long-term U.S. credit rating by one notch to AA-plus on concerns about growing budget deficits. U.S. Treasuries, once undisputedly seen as the safest investment [...]

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Important Debt Ceiling Update

Posted on 01. Aug, 2011 by .

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Source: NIA. President Obama just announced late this evening that a deal has been reached to cut government spending and raise the debt ceiling in order to avoid a debt default. If the deal is approved on Monday, it will raise the debt ceiling by between $2.1 and $2.4 trillion in three installments: $400 billion [...]

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Government Jobs in Texas Slowed, All Others Are UP!

Posted on 21. Jun, 2011 by .

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COLLEGE STATION (Real Estate Center) – Texas’ job creation machine slowed in May following heavy losses in the state’s federal government sector. According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the state’s nonfarm employment growth rate from May 2010 to May 2011 was 1.9 percent, down from 2.4 percent. Private [...]

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Commercial foreclosures continue to climb in Dallas and Tarrant counties

Posted on 11. Jun, 2011 by .

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Commercial foreclosure postings have continued to climb year-over-year in Dallas and Tarrant counties, according to a mid-year report by Foreclosure Listing Service. There was a 31 percent increase in Dallas County foreclosure postings and an 8 percent rise in Tarrant County foreclosure postings, according to the report. Both Collin and Denton counties saw mid-year foreclosure [...]

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Mortgage Rates Lowest Since Last Thanksgiving (Source: Bankrate)

Posted on 03. Jun, 2011 by .

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Mortgage rates fell for an eighth consecutive week, with the benchmark conforming the 30-year fixed mortgage rate falling to 4.69%, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.39 discount and origination points. The average 15-year fixed mortgage dropped to 3.88% and the larger jumbo 30-year fixed rate [...]

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Improve Your Game by Understanding Comps

Posted on 08. Sep, 2010 by .

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Today’s market can be challenging for investors ready to sell. However, savvy investors know that any house will sell for the right price. Using time-tested fundamentals, you can make money in any market– including a down market. So you probably want to know how to determine the true market value for a property in a [...]

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Why Texas May Lead the Nation's Turnaround:

Posted on 07. May, 2010 by .

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Texas has always been something of a separate country when it comes to politics and culture. Lately, the state seems to be functioning as its own economic republic. While it hasn’t been immune to the issues plaguing the nation, the housing market, employment rate, and overall growth in Texas are relatively strong. Chalk some of [...]

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Commercial Real Estate Foreclosures Soaring in Dallas-Fort Worth

Posted on 04. May, 2010 by .

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By STEVE BROWN / The Dallas Morning News – Friday, April 23, 2010 stevebrown@dallasnews.com Commercial foreclosure filings have soared by more than 60 percent so far this year in North Texas. And real estate analysts expect that there are many more commercial property defaults to come, fueled by the recession and changes in the lending [...]

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Multi-Family Mortgages Relatively Strong

Posted on 19. Mar, 2010 by .

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Washington, D.C.–The Mortgage Bankers Association has published a study (a “Data Note,” the organization calls it) of the relative strength of loans held by U.S. banks and thrifts, finding that commercial and multifamily mortgages remain–despite gloomy press stating the contrary–relatively strong. As of the end of 2009, fewer such mortgages were delinquent and fewer had [...]

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