Real Estate Information Archive

Good Monday morning to you!

When the discussion of Real Estate comes up, everyone wants to point the finger a hundred different ways to explain why the market is or is not performing.

In all reality, there are just a few places to look for answers:
- Jobs
- Recent Sales Activity
- Inventory
- Mortgage Availability

Let's look at these on a local level...

Jobs - I attended the Wichita Falls Economic Forum this week, and found that Wichita Falls had actually created quite a few new jobs this year. Those new jobs and, of course, the jobs provided by Sheppard Air Force Base
give me great hope for the rest of 2011. A huge THANK YOU goes to our local business owners and Board of Commerce and Industry to keeping jobs in North Texas.

Recent Sales Activity - We have put a home in contract nearly every day this year, and we are up 40% YTD (last year was our firm's best year ever). The market is moving indeed, but PRICE is calling the shots. Which leads me to...

Inventory - We are at record levels of inventory at all price levels. Some of our market price ranges have over 12 months of inventory. See, www.TheFallsHomeFinder.com.

Mortgage Availability - I often hear that it is difficult to get a loan. This puzzles me. My personal stats show that I am qualifying over 90% of the clients that come my way looking to buy. Mortgage rates have never been this low, and we have plenty of happy buyers getting loans. See, www.ImAhappyBuyer.com.

If I can answer any further questions or serve anyone you may know this week, please let me know.

"What would our world look like if more people started projects, made a ruckus, and took risks?" Seth Godin

Wichita Falls Mortgage Update

HUD has issued an increase in Mortgage Insurance Premiums effective with all case numbers assigned on or after April 4th 2011.  The annual premium will increase from 90 basis points (.90) to (1.15) basis points.  For example, this will mean an increase in monthly premiums of $75.00 per month to $95.83 or a 27% increase per month.  Obviously it is in a buyer's best interest to purchase a home prior to April 4th.

See www.TheFallsHomeFinder.com and let us know how we can serve you today!

www.LuxuryHomesWF.com

LuxuryHomesWF.com is a FREE service to help area home buyers view the finest homes Wichita Falls has to offer, the minute they hit the market. Your first email will list all homes currently for sale that meet your search criteria. Then each morning you will be emailed a list of all of the new homes for sale and price changes since your previous search. No more having to rely on manual searches. Fill out the form below and start your auto-email home search today! It's just that easy!

We look forward to unlocking the door to spectacular real estate on your behalf.

-Ashton Gustafson

Good afternoon!

I think we're starting to thaw here!

If you would like to view homes around Wichita Falls or of I can do anything for you this weekend, please let me know!

Be sure to check out www.TheFallsHomeFinder.com for every home on the market!

With rates this low, its a great time to buy!

Good Monday morning to you!

Market Update

My February Pod Cast is now up at www.TheFallsPodCast.com. This month we discuss the market and 5 tips for home sellers.

Current Inventory

I'm sure I sound like a broken record, but our currenty inventory is better than ever. Looking for a home on land? We've got it! Looking for the charm of Country Club Estates? We've got it! Looking for new construction? We've got that too! See http://www.texomahomesource.com/Properties for all of our current properties for sale.

Preparing for Spring Purchase?

Be sure you have created an account at www.TheFallsHomeFinder.com. See why over 2000 buyers have called this "THE BEST" site for Wichita Falls home buyers.

If there is anything else I can do for you this week, please let me know.

"Man is not the creature of circumstances, circumstances are the creatures of men." Benjamin Disraeli

Ashton Gustafson of Bishop Realtor Group presents:

The Greater Wichita Falls Real Estate Podcast

February 2011:

This month's edition covers Greater Wichita Falls real estate market activity and then we walk through five top tips to selling your home.

Features special guest Terri Murphy of US Learning.

www.TheFallsPodCast.com

Good morning.

I wanted to make you aware of some changes that have recently happened.

In the last few days, HUD has transferred its online marketplace for its repossessed homes from www.SouthwestAlliance.com to http://hudhomestore.com/HudHome/Index.aspx.

Simply go to the site, and search in Wichita Falls, TX.

We are licensed and capable to serve you in the purchasing of any of these homes. They all have bid deadlines, and there has been some difficulty with the site since its inception.

Nevertheless, we are here to serve if you have any questions.

Ashton Gustafson, e-Pro, CDPE

Owner - Bishop Realtor Group

Realtor Magazine Selected- 30 under 30

Ashton Gustafson, Owner @ Bishop Realtor Group, was named today by the Times Record News and Biz to Biz as one of Wichita Falls', TX top "20 under 40".

This is the first time the award has been given in Wichita Falls.

For more information on Ashton see www.AshtonGustafson.com and www.SeeWhatTheyAreSaying.com. 

Ashton was also selected by Realtor Magazine in 2010 as one of the top 30 agents under 30 in the US.

We just put this home on the market. Super condition, everything (refrigerator, washer/dryer, microwave) stays, hardwood floors, fresh paint, recent HVAC, easy to maintain yard, and carport.

Great 1st home for someone or investment in Iowa Park, TX.

511 W Magnolia - Iowa Park, TX

$44,900 - 2 beds - 1 bath - carport

Call us @ 940.691.7355 to set up a time to preview.

5110 Lake Wellington - $315,000 - 3 beds - office - 2 baths - 3 car garage

Wichita Falls, TX - Lake Wellington

Built by RJ Wachsman, this stunning home found in Lake Wellington is in mint condition and move in ready. It has everything one could look for: open floor plan, hardwoods and tile throughout, office space, sewing closet, 3 car garage, granite countertops, huge master closet, isolated master bedroom, fabulous kitchen...and the list goes on.

For more information call Ashton Gustafson @ 940.224.0881.