Real Estate Information Archive

Good Monday morning to you!

Its hard to believe we are already 1/3 of the way through 2010. I mentioned last week that our inventory of great homes is a good as its ever been. www.TheFallsHomeFinder.com . If anyone you may know is in the market place, please forward them this email.

Market Statistics: Average Days on Market for SOLDS

$350,000 and up........408 days

$250,000 - $350,000........92 days

$200,000 - $250,000........81 days

$150,000 - $200,000..........117 days

$100,000 - $150,000..........72 days

These are very interesting figures. The Sheppard Air Force Base market has been very active from $225,000 - $275,000, and numerous first time home buyers took advantage of the credit from $100,000 - $150,000...therefore, we can see why these two parameters shared the lowest days on market. For more information on this, please let me know.

Hope all is well, and make it a great week.

"Wisdom is supreme; therefore make a full effort to get wisdom. Esteem her and she will exalt you; embrace her and she will honor you." Proverbs 4:7-8

Good Monday morning to you!

We're now into the final days of the 1st Time Home Buyer and repeat buyer Federal Tax Credit. 1st Time Buyers qualify for up to and $8000.00 and repeat buyers can qualify for up to $6500.00 Tax Credit. For more information on this, please call us @ 940.691.7355

Remember our sites:
www.TheFallsHomeFinder.com - For Buyers
www.TexomaHomeValue.com - Looking to sell?
www.TalkRealty.com/AshtonGustafson - Market update

I have never seen a better inventory of GREAT properties on the market. www.TexomaHomeSource.com

Make it a great week!

"Success demands singleness of purpose. " Vince Lombardi

What's happening in the housing market? What's being done about it? Learn about the government's new HAFA program, providing foreclosure avoidance options including short sales and deeds-in-lieu of foreclosure. Here's the big picture, clearly explained. For more information see www.WichitaFallsShortSale.com .

Good Monday morning to you!

We now have 19 days left to capitalize on the federal tax credit for both first time and repeat buyers. If you have any questions on qualification or how this works, please let me know - ashton@bishoprealtors.com.

Our market continues to act as a "price war" and a "beauty contest". While we have seen record sales in the last 30 days, the inventory available is as high as we have ever seen. Nevertheless, mortgage rates remain at historical lows, and our market has successfully navigated through one of the toughest economic conditions ever - for that, we should have gratitude.

If you know someone that has fallen behind on their mortgage, please forward them to www.WichitaFallsShortSale.com. They can find great information on how to resolve their mortgage problems.

Also, if you or someone you know is looking to purchase in this market, forward the site www.TheFallsHomeFinder.com to them. This site has quickly become the most used site for buyers in the Greater Wichita Falls.

If we can serve you or anyone you may know this week, please let me know. Best of luck this week.

"Adopt the pace of nature: her secret is patience." Ralph Waldo Emerson

Ashton
Owner - Bishop Realtor Group                                         

We've sold 50 homes in 50 days.

When performance matters results count, contact Ashton.

www.AshtonIsMyHomeBoy.com

Wichita Falls and North Texas, now is the time to act. The tax credit is set to expire on April 30, 2010. You must be in contract by this date.

We have never seen such a great inventory of homes - www.TheFallsHomeFinder.com. 

If we can help you get pre-qualified, please let us know. Call us @ 940.691.7355.

If you would like to set up a time to view any home for sale, see www.TheFallsHomeFinder.com.

Also, repeat buyers may qualify for up to a $6500 tax credit - call us for details here as well.

Friends, family, and clients - would be honored to have your vote for Realtor Magazine's top 30 agents under the age of 30. See link below - voting ends March 29, 2009. Thanks again! Ashton

http://www.realtor.org/rmonews_and_commentary/30under30/2010/3030_2010_gustafson

Good Monday morning to you!

We got to experience moments of Spring here and there this week, speaking in terms of weather. We had a huge Spring experience this week in terms of Real Estate. Currently, we've got 12 pending contracts with just 8 days into March. However, this market continues to be a price war and a beauty contest.

We just posted the podcast for March. Click this link to listen in: http://talkrealty.com/ashtongustafson

SPOTLIGHT HOME OF THE WEEK - 5110 Lake Wellington

3 bed + office. Just reduced to $299,900, this is a stunning Wachsman built home in Lake Wellington Estates. This home has it all: Lovely open kitchen, open floor plan, handsome office space, 3 car garage, hardwoods throughout, and large master bath. This home defines "move in ready." Call us today @ 940.691.7355 for an appointment to preview.

REMEMBER THESE SITES:

www.TheFallsHomeFinder.com - Looking to buy?

www.TexomaHomeValue.com - Thinking of selling?

www.WichitaFallsShortSale.com - Behind on mortgage?

www.TexasBankOwned.com - Investing?

Hope all is well. 

May we all live great stories this week.

Ashton

Owner - Bishop Realtor Group                                                

Good Monday morning to you!

We saw rates tick up a little bit this week, but the market definitely had a great boost of activity. With the current PCS to Sheppard Air Force Base and the news of over 300 new jobs coming to our in the next 3 years, things are looking great. Also, this weekend brought 4 new pending contracts and even more offers still in negotiations. Contrary to what you may hear, we are busy here @ the Bishop Realtor Group.

I also found some great HUD Repo's this morning @ www.SouthwestAlliance.com . Please visit the site, and if you would like to view any of these properties, just let me know. You will see that most of them have bid deadlines, so be sure to be mindful of that.

We are just inches away, again, from saving another home owner from foreclosure this week too. If you know of someone that is behind on their payments, please send them to www.WichitaFallsShortSale.com to view some options. There are many popular opinions right now that claim foreclosure is a suitable option for those behind on their payments - this simply is not true. This site will discuss some other options as well to avoiding foreclosure.

And remember, www.TheFallsHomeFinder.com - this site continues to grow in popularity with 1000's of hits each week. Finding a home and creating a favorites list has never been easier. I invite you to return or create an account to see why over 1500 buyers have registered here.

Make it a great week, and please let me know if I can serve you or anyone you may know.

"Everyone who got where he is had to begin where he was." Richard L. Evans

Good Monday morning to you!

Hopefully some Spring sunshine is in our very near future - I hear more snow is one the way tomorrow...what a Winter its been!

As we approach this Spring and Summer, our best sales seasons, you may be thinking of moving or know someone that is too.
We have created www.TexomaHomeValue.com for those of you that are looking to sell and wondering what the market around you has done in the last few months. Simply enter your home's information and your contact information, and we'll have a market analysis to you within 24 hours.

January 2010 for us was up over 2009 and we already have 16 new pending for February. Its looking like this will be another GREAT year for the Bishop/Gustafson Team.

This week's Myth Buster:

Myth: "If I price my house high in the beginning, that will give me more negotiating room and the buyer will feel like they're getting a deal."
Fact: This simply is not true - you cannot fool buyers in this market.
The only home that sold over $300,000 in Wichita Falls for the month of January was originally on the market at $875,000 - and it sold for $425,000 908 days later. Pricing high caused this home to be on the market almost 3 years! Had they priced aggressively in the beginning, they probably would have netted more money, and saved almost 3 years in taxes, utility bills, and lawn care.

Please call me this week if I can serve you or anyone you may know.

Wisdom is knowing what to do next; virtue is doing it. David Jordan

Ashton

Owner - Bishop Realtor Group