November 6, 2009

First-time home buyer tax credit extension approved

Great news – the first time buyer credit has been extended plus the income limits were raised. See the attached article – this will help to keep the housing market moving.
First-time home buyer tax credit extension approved.

October 20, 2009

HP district sees increase in students from private schools | Dallas Morning News

A lot of people are taking their $20-thousand per child per year that they pay for private schools and applying it to a mortgage in the Park Cities. With more cottages available for sale now (cottages are not being torn down by builders like they were in past years)…getting in the Park Cities is more afordable.

Here is an article that explains the growing numbers of kids starting school in the Highland Park school system:

HP district sees increase in students from private schools | News for Dallas, Texas | Dallas Morning News | Breaking News for Dallas-Fort Worth | Dallas Morning News

October 8, 2009

It’s Not Too Late to take advantage of the 1st time homebuyer credit

I’ve helped several first time home buyers buy their first homes and use the $8k tax credit. There still is time – give me a call.

Click here to read an article that describes the tax credit. From RISmedia.com.

October 4, 2009

Modwalls® is “Making Tile Modern” with glass subway tile & recycled glass mosaics 877-439-9734

Home styles are constantly changing and since I love to remodel and work with builders I’m always watching the latest trends.  This site has some good ideas – enjoy.  Let me know if you have any good places you turn to for ideas.

Modwalls® is “Making Tile Modern” with glass subway tile & recycled glass mosaics 877-439-9734.

October 2, 2009

Real Estate Update – The Briggs Freeman Blog

Hello! Here is a link to the Briggs Freeman Real Estate Update Blog. Feel free to use the updates and information from the blog in your Twitter and Facebook accounts. Pass it on…
http://www.dallas-realestateupdate.com/

Picture 3

October 1, 2009

Dallas Performing Arts Center Grand Opening Celebrations, Oct 12-18, 2009

This is going to be one of the greatest things that happens to Dallas of our time: The Performing Arts Center has raised an unspeakable amount of money in private donations to fulfill a 30 year dream in completing new arts venues for music, performances, lectures, education and entertainment in Dallas’ Arts District. It is now a reality and the AT&T Performing Arts Center celebrates it’s Grand Opening starting October 12th.
Picture 2

You can click here for more information, but, I want to remind you to save the date of October 18th to spend it in the Arts District with friends and family. All the venues are open to the public and free entertainment all day long throughout the district – this is the day to see all of this incredible new architecture. Fireworks are in the plans and then Hunter Sullivan and his 14-piece band have a free concert in the Plaza at One Arts until 10pm.

See you there!

September 22, 2009

Now’s the Time to Prep Your Lawn

If you are planning on selling your home this Fall, a winter lawn will make for great drive up appeal for buyers.

Read full article:

Now’s the Time to Prep Your Lawn for Winter Nap | RISMedia.

September 12, 2009

Meet me in Crested Butte! Ski, bike, hike, fish, explore…

Prepare for winter ski season and years of adventures to come. Fall is a great time to think about investing in a winter/summer retreat for your family or corporation. These videos are homemade virtual tours of a brand new, timber-frame home built on Mount Crested Butte.
5 bedrooms, 4 bathrooms, 1 half-bathroom, 6190 square feet, 0.7 acres, 2 car garage. I have it co-listed with a local Butte broker. This home is built with impeccable detail and interior design and it is partially furnished.

September 3, 2009

Data suggests that real estate prices hit a bottom during the second quarter, and now have begun to rise.

Apologies for the bad scan, click the image to read online at WSJ.com

Apologies for the bad scan, click the image to read online at WSJ.com

August 28, 2009

The real estate market looks good this fall; appraisals can cause hiccups.

It’s the end of summer and schools have started – It’s time to re-focus on the last quarter of the year. That is our usual plan in real estate and I was wondering if this year would be the same or different? Well the phones are ringing, buyers are out and sellers are preparing to get their houses on the market to take advantage of the end of year buying season. I have been in Colorado recently for an event at my listing in Crested Butte and they also report an increase in activity with buyers – thats good news! Interest rates have continued to stay low and, yes, there is money available as long as a buyer has cash to put down and good credit. Our only challenge is to get past the appraisal process in some areas – this has been a bit of a hiccup lately.

A bit about the latest appraisal process: The large banks are required to hire appraisers randomly. Realtors refer to this as “spinning the wheel” and wherever it lands is the appraiser that will be sent out to your property. If you live, or are buying, in a development that has all similar styles, sizes and prices then you are not as affected by the random appraisers because they are able to compare information easily. But the areas that I work in, such as the Park Cities, Uptown and Preston Hollow, have a mix of older homes, new homes, architecturally-unique homes with different special features – you get the picture. Well, when an appraiser comes to do an appraisal in an area that he/she is not familiar with, then it is very likely the property will not meet value. Some of the mortgage brokers have a smaller list of appraisers that they “spin the wheel” on and so the likelihood that you will get a local appraiser for your home are much greater.

Bottom line is that I feel very confident about our real estate market this fall and we need to keep in mind that it is important to make sure your agent has found good comps to justify your price and/or has gotten an previous appraisal on your home.