Real Estate Information

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 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!

Situational Report for Inclement Weather February 8, 2011

NATIONAL WEATHER SERVICE in NORMAN for the following Texas Counties: HARDEMAN-FOARD-WILBARGER-WICHITA-ARCHER- 
CLAY- 
1039 AM CST TUE FEB 8 2011 
...WINTER STORM WARNING REMAINS IN EFFECT FROM 6 PM THIS EVENING 
TO 6 PM CST WEDNESDAY... 
* MAIN IMPACT: HEAVY SNOW AND BLOWING AND DRIFTING SNOW. 
  HAZARDOUS TRAVEL DUE TO SNOW-PACKED ROADS AND LOW VISIBILITY. 
* ACCUMULATIONS: 6 TO 10 INCHES. MUCH HIGHER DRIFTS ARE LIKELY. 
* OTHER IMPACTS: DANGEROUS COLD. MINIMUM WIND CHILL -5 TO -15. 
  SOME RAIN AND SLEET IS POSSIBLE BEFORE A TRANSITION TO ALL SNOW. 
  AS TEMPERATURES FALL OVERNIGHT...THIS COULD LEAD TO A THIN LAYER 
  OF ICE UNDER THE SNOW...MAKING ROADS AND SIDEWALKS EVEN MORE 
  HAZARDOUS. 

STATE OF TEXAS 
The Governor has approved the activation of eight Texas Military Forces (TMF) high profile 
vehicles and personnel to support rescue of potential stranded motorists for the Wichita Falls 
area.  These are requested through the DPS and coordinated with the State RLO.   

PUBLIC UTILITIES 
EXTRA GENERATION RESERVED FOR NEXT FEW DAYS 
“In anticipation of this severe cold weather, Electric Reliability Council Of Texas, will procure additional generation capacity for real-time operations to help maintain reliable delivery of power during this extreme weather event over the next few days,” Tripp Doggett, CEO ERCOT.   
  
Wednesday’s peak demand is currently projected to be more than 54,000 MW between 8-9 p.m. , and more than 58,000 – which would be a new winter record – between 7-8 a.m. on Thursday.  The current winter peak demand record is 56,334 MW which occurred Feb. 3, between 7 and 8 a.m. 
  
The grid continues to have about 2,700 MW of generation capacity unavailable because of unplanned or forced outages. 
  
“Although we have no immediate concerns for the possibility of rotating outages tomorrow morning, ERCOT will be monitoring the grid closely because additional unexpected major losses of generation could force operators and utilities to begin emergency procedures to avoid an uncontrolled statewide blackout,” Doggett said.  “Rotating outages are ordered only as a last resort to ensure the security of the statewide transmission grid. “ 
If you have any questions regarding this information or you need a State resource, please contact me.   

John Henderson 
Emergency Preparedness Coordinator 
City of Wichita Falls 

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

Good Monday morning to you!

Wonderful Inventory of Homes

I truly believe some of the best home opportunities we have ever seen are available right now. And, with interest rates so low, buying has never been this affordable. See http://www.texomahomesource.com/Properties for what we currently have for sale.

More Winter is on its way

The cold is on its way and should be here by tomorrow. Here's a few tips on preparing your home for such weather. http://www.houselogic.com/articles/protect-your-home-cold-weather-threats/

Ever Thought About Investing?

I launched www.ImAhappyBuyer.com this last year to the benefits of purchasing a place of residence right now. Its also a GREAT time to invest too. See www.TheFallsHomeFinder.com for a daily list of what's hitting the market, and let me know how I can help you start a portfolio and grow the one your currently have.
Make it a great week.

“What lies before us and what lies behind us are small matters compared to what lies within us. And when we bring what is within us out into the world, miracles happen." Ralph Waldo Emmerson