WHAT'S MISSING IN THIS PICTURE?

HOMES THAT ARE FOR SALE!

817-975-6607
email:  allendavis48@gmail.com
Licensed Real Estate Broker in Texas
Keller Williams Realty DFW

HOUSING INVENTORIES IN THE DFW AREA HIT HISTORIC LOWS!

Want to buy a new home?   It would seem to be a fairly simple thing to do.  Home Mortgage interest rates are at record lows and homes are still very affordable. But is it?  No it's not.  At this current time, I have 5 families ready to purchase a new home that simply can't find one that meets their needs.  One particular neighborhood that I specialize in has over 300 hundred homes in total and only one is for sale at this time.  Average days on the market, less than one week and often less than a day.   It's a phenomenon that I believe will be very short lived but for today, it's a fact.   The last home that I listed for sale was on the market for less than a week and sold to the first buyer who toured the home.   So if you're even remotely thinking of selling your home at this time, please call me for an appointment.  I will professionally evaluate your homes value without charge or obligation.   Many sellers will enter the market place come January 2015 so the competition for the current pool of buyers will be much greater.   Your home could already be under contract for it's Maximum sales price by that time.    I can be reached by phone at 817-975-6607 or via email: allendavis48@gmail.com.     

HAVE A VERY MERRY CHRISTMAS AND A HAPPY NEW YEAR

DFW REAL ESTATE "2015": NEW LISTING SELLS ON FIRST SHOWING!!!

DFW REAL ESTATE "2015": NEW LISTING SELLS ON FIRST SHOWING!!!: SOLD IN ONE DAY! IS IT REALLY THE CHRISTMAS SEASON WHEN REAL ESTATE SALES ARE SUPPOSED TO HAVE SLOWED DOWN? Well it appears that...

30 YEAR CONFORMING RATES IN THE 3'S

JUST IN

MORTGAGE RATES DROP INTO THE 3's

I just received an email from one of our professional lender's stating that Home Loan Interest rates have just dropped into the 3's.  See her statement below.  

If you know of anyone that is thinking of selling or buying a home now or just after the first of the year, please have them call me at 817-975-6607 or shoot me a quick text.   The Inventory of homes are at all time lows and this will mean a harvesting of more homes by buyer's wanting to capitalize on these low interest rates.   This is an absolute bonanza for home sellers wanting to maximize the Return on their investment as well.   Please keep in mind that if you are a seller, you still must price your home at market.  Very few appraisers are willing to stretch values and buyers are more market savy than ever before.   

Loan Officer Statement

Conforming 30-year rates, even jumbo 30-year rates, in the 3’s!  Call me if you would like to see a specific scenario.

Also, for your first time home buyers, new guidelines coming out today will allow 3% down on a conventional, Fannie Mae loan.  This is even lower than the 3.5% down required on FHA.  Additionally, this loan will avoid the upfront mortgage insurance fee of 1.75% of the loan amount that FHA charges!  (Read the Fannie Mae news release here:http://www.fanniemae.com/portal/about-us/media/corporate-news/2014/6203.html)

3948 Hollow Lake Road Roanoke, TX 76262

Property Site: http://tour.circlepix.com/home/SSBTHN

This home is approximately one year old and has lots of upgrades throughout. Beautiful Granite Counter Tops, Massive Island / Breakfast Bar, Lots of Wood Cabinets, Designer Tiles and a warm and cozy wood burning fireplace. This is a four bedroom two bath home with a split bedroom design. Several Archways and niches enhance the spectacular Foyer.

Bedrooms: 4

Bathrooms: 2.00

Square feet: 1,975

Price: $207,000

For more information about this property, please contact Allen Davis at 817-329-8850 or allendavis48@gmail.com. You can also text 2460201 to 67299.

See more listings at: http://www.allendavis.kwrealty.com

MLS ID: 13061066

NEW LISTING SELLS ON FIRST SHOWING!!!

SOLD IN ONE DAY!

IS IT REALLY THE CHRISTMAS SEASON WHEN REAL ESTATE SALES ARE SUPPOSED TO HAVE SLOWED DOWN?

Well it appears that somebody forgot to tell all those buyers out there looking for a new home!  This fantastic home was barely listed when it was snatched up by a waiting buyer.  The home had 4 bedrooms, 2 baths, an island kitchen with granite counter tops, wood cabinetry,  wood burning fireplace and covered patio.  So obviously it was a home that these buyers were looking for.  

Is the market really that HOT.   The answer is yes and no.  Yes the market is hot for homes that are in great neighborhoods, are in great condition and have a few of the goodies that today's home buyer's are looking for.  But that does not hold true for homes that need a little more than usual TLC.  Those properties can and most likely will sit on the market for an extended period of time and when they do sell, bring a much lower price.  The sad thing is that most homes can bring market value at this time and do so fairly quickly but won't due to several circumstances.   

Common Reasons Why 

1.  Location 

2.  Condition 

3.  Clutter

4.  Staging

5.  Price

Three of these You Control

Which of the three might surprise you.    They are in no particular order, Condition, Clutter and Staging.  There are specific steps that I am willing to share with you, that when followed will almost guarantee a solid sale.   Most agents will tell you that a listing did not sell due to the price.  They believe that the seller set a price that the market just wasn't willing to pay.  Although that's true to a degree, it's not the seller or the agent that sets the correct price.   It's the market!   In a great market such as we have now, a great home must still be priced at what the current market reflects.  But you would be amazed at what the market will pay when the 3 items that you control are maximized to the fullest.  

Call me at 817-975-6607 for a Pre-Listing Consultation.   Discover what happens when a great agent is teamed up with the area's finest real estate company, KELLER WILLIAMS REALTY DFW.

204 Wolfe Street Ponder, TX 76259

Property Site: http://tour.circlepix.com/home/G7LQ3T

There are several places in the flooring of this home that are in severe need of repair. Please exercise caution when touring this property. Value is in land mainly. Is Occupied but is in disrepair. Great place to fix up the home or tear down and place a new structure on it. Mobile home across the street.

Bedrooms: 2

Bathrooms: 1.00

Square feet: 729

Price: $50,000

For more information about this property, please contact Allen Davis at 817-329-8850 or allendavis48@gmail.com. You can also text 2401611 to 67299.

See more listings at: http://www.allendavis.kwrealty.com

MLS ID: 12186235

INVENTORIES OF AVAILABLE HOMES REACH HISTORIC LOWS AS DEMAND SOARS

As the clock struck mid-night this past new years eve the "Month's of Inventory of Homes for Sale" reached a historic low.  Buyers began searching the web sites and driving their neighborhoods of choice looking for their next home.   With interest rates still low but threatening to rise in 2014, most buyers want to take advantage of the existing rates and are ready to buy.  While working with a current customer of mine this week,  we found that in placing an offer on the home of their choice, we were competing with 5 other buyers.  In February of 2012 we started seeing many multiple offer situations when writing contracts.  This trend continued throughout 2013 with the only exception being the seasonal months of November and December.   Now that it is January the buyers have increased but not the Inventories.  Homes are being placed on the market for sale at a rapid pace now that it is January, but many of those homes are sold within days and sometimes hours.   Shortly this will result in a more normal market as home sellers begin entering the market hoping to capitalize on the shortage and maximize the return on their investment. 

Now not all homes fly off the market at the very best price and in record time.  Homes that need work and TLC will still stay on the market for longer periods of time and traditionally will bring less money.  So it's a great idea and strategy to plan for the sale of your home by consulting a professional realtor prior to placing your home on the market.  And the time for that is Now.  A well trained experienced agent is by far the most important decision you will make throughout the process.  Choose wisely, ask for references, and check those references. 

 

If you're thinking about placing your home on the market at this time and are willing to invest the time and effort preparing your home to sell, you should be delighted at the price you are able to obtain at this time. 

 

For a Professional Evaluation of  your home please call  817-975-6607.