Real Estate Information Archive

American National Bank of Wichita Falls, TX has officially released what it calls the "Easy Fix" Mortgage.

This loan program features:

• Combination purchase, refinance and repair loan for repairs or improvements up to $35,000.00.
• One-time closings.
• Allows purchase of a home in "as-is" condition based on "as improved value"

If you have questions about this loan program of looking to buy a "fixer-upper" in Wichita Falls, contact Ashton Gustafson at 940.691.7355.

For every home available for sale in Wichita Falls, see www.TheFallsHomeFinder.com.

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

Good Monday morning to you!

Market Report

Below you will see the January statistics from the Wichita Falls MLS. As always,  the price range of $100,000 - $120,00 had the most number of transactions closed. If you have any questions about the information below, please let me know.

February Pod Cast

Check out our pod cast update at www.TheFallsPodCast.com. This month we discuss tips for sellers looking to enter the market this Spring.

Spring Has Arrived

As the weather warms, so does the market. We have created the area's #1 site for buyers, www.TheFallsHomeFinder.com. When you create an account here, you are updated within YOUR criteria every morning. This is the best way to keep your thumb on the market and homes within your criteria. See why over 2,000 buyers have made this their #1 tool in buying a home in the Greater Wichita Falls areas.

If I can do anything for you or anyone you may know this week, please let me know. I look forward to hearing from you...

"Concerning all acts of initiative and creation, there is one elementary truth - that the moment one definitely commits oneself, then Providence moves, too." Johann Wolfgang Von Goethe

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

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.

Good Monday morning to you!

Market Temp

It seems not so long ago (3 years) that someone coined the phrase, "price war and beauty contest" for the real estate market. The more and more I work with buyers and sellers, the more this not only makes sense to me- but I've found it truly is the perfect description.

You will hear many people make comments on the market being stagnant and slow - it is anything but that. Since January 1 we have had nearly 200 new buyers register with our sites on-line. The market's issue right now is inventory. We have the same amount of buyers as usual (see last week's news story http://texomashomepage.com/fulltext?nxd_id=114257), but we have a much larger inventory than ever. Hence buyers now have more choice than ever.

The best news is most values are even if not a little more appreciated than when a seller purchased their home over the last few years. Compared to other parts of the country, we should count our blessings.

Fast Answers

www.ImAhappyBuyer.com - Mortgage Rates?

www.TheFallsHomeFinder.com - What's Available?

www.TexomaHomeValue.com - Thinking of Selling?

www.TheFallsPodCast.com - Market Update

www.ThePrairieWF.com - Looking for land to build on?

If I can do anything you or someone you may know this week, please let me know.

 "We must become the change we want to see." Gandhi

Good Monday Morning to you!

As you probably know, we have a non-traditional approach to a traditional business. We believe that we are changing the way the industry operates, and its seems as though these tactics are working. Last year, we grew our market share 150% - in what was a very unique market.

The stats came out for the Wichita Falls Real Estate market in 2010 this week. Essentially, the residential sold market was flat as inventory continued to grow. All in all, we are so fortunate to be in the market we have here. Many of our buyers from other states have lost as much as 50% in their home values from where they previously lived. Here we are flat...and I'll take flat!

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

Remember our sites:

www.TheFallsHomeFinder.com - Best site for buyers in Wichita Falls

www.TexomaHomeValue.com - Thinking of selling?

www.TheFallsPodCast.com - Listend to a Market Update in iTunes

www.ThePrairieWF.com - Thinking about building green?

www.SeeWhatTheyAreSaying.com - The Modern Real Estate Experience

"Every man must decide whether he will walk in the light of creative altruism or in the darkness of destructive selfishness." Martin Luther King Jr.

Chances are, you or someone you know in Wichita Falls is facing the possibility of foreclosure. But you need to understand that you are not alone.

Today, 1 out of every 10 homeowners in America is behind on mortgage payments. These are tough and frustrating times. Now more than ever, it's important to identify your options. Foreclosure can be avoided, your credit can be saved, and your financial future can be salvaged.

Through my experience handling distressed properties at Bishop Realtor Group, I've found that homeowners today have more questions than answers about their circumstances. I have created this site to help you understand the possible solutions to foreclosure, as well as provide a detailed explanation of short sales, which may be the best course of action for some homeowners.

You may also have noticed that I'm offering you a FREE Report to explain your options and help you decide on a course of action. The idea of losing a home can be overwhelming, and I feel it is vital for you to have all the facts necessary to make an informed decision.

As an agent with the CDPE® Designation, I have a strong and unique appreciation of the factors affecting the market, and know that there are options available to you.

If you would like to know more about your options, please call me at (940) 224-0881.

I am here to help … in any way I can. See www.WichitaFallsShortSale.com for more information.

Ashton Gustafson