Rich Patterson, Realtor, RE/MAX Urban, Downtown Dallas, Uptown Dallas, Oak Lawn, Oak Cliff

Rich Patterson, Dallas Realtor and Relo Specialist, Provides a Remarkable Reference Library Filled with Relocation and Community Information


Sunday, 02/05/2012

Real Estate News
Dallas & National

2011
Annual School Report

This Annual School Report is provided by my friends at Republic Title

WR Starkey Mortgage News

Another mixed bag this week as the Gross Domestic Product came in at 2.8% which fell short of the wish-estimate of 3.2%. Add to this the uncertainty in Europe and it’s like we are floating down a river which has rapids. We have to just tread water so we can keep our head up to see what rock is coming at us. Once we get to some smooth water, we can feel comfortable putting our head down and swimming forward with out worrying about crashing into an economic rock that would knock us out.

Anyway…the good news is that because of this the Fed announced again that it will continue to keep rates low. Excellent! Remember what I said last week about buying power. Tell your clients that they have approximately 25% more buying power today than in 2007. What an opportunity!

This week Freddie Mac’s 30 year fixed rate ticked up a bit to 3.98% depending on program, credit and points. Have a great weekend and have your buyers call us so we can get them approved to buy.

This update is provided by my friends at WR Starkey Mortgage. Contact Susan Moore with WR Starkey for your loan approval and call or email me to help you find and close the sale on your new home.

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Rich Patterson

REALTOR®
Dave Perry-Miller & Associates
(214) 563-1667 mobile
(214) 853-9497 fax

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Rich Patterson - Dave Perry-Miller Dallas Texas Real Estate

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West End DART Station - Jerry Spaeder (June 2008)

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Balanced Rock at Arches National Park in Utah - Rich Patterson (June 2007)

Looking for a place to vacation? Here are the National Parks that I've had the pleasure of visiting in my life. Each one is uniquely beautiful and a few are truly breathtaking. Ask me about any of these parks, I'll be glad to share my experience.

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DART Rail Expansion Update

DART Green Line Update - Dallas Area Rapid Transit


Fair Park DART Station under construction.

What else is happening at Fair Park? Do you want to go to a museum? There's always something to do at Fair Park year round but by far the biggest event is Big Tex and the State Fair of Texas. Follow this link if you need a map of Fair Park?


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Helping Others

I am a huge believer in giving back to my community and helping those who need it most. I currently volunteer at the Resource Center of Dallas.

Among the many services the Resource Center offers is a hot lunch program on weekdays. The Center’s clients are those who are stricken with HIV and/or AIDS with certain income limitations. When you consider these folks can spend anywhere from $1,000 - $1,500 a month on prescriptions, you understand the importance having a free, hot meals program.

Recently, the Federal Government eliminated the funding for the Center's hot meals program, so we could really use your help. Please consider making an online, tax deductible donation. Options start for as little as $15.

In addition to my volunteer work at the Center, I am also putting my money where my mouth is. Whenever I close a sale, representing a buyer, I will donate $100 to the center. Remember, not only are my buyer services free to the buyer, I also help pay their closing costs.

Do you volunteer anywhere? If you have a free hour or two once a week, we could really use your help. You might be surprised how even small efforts on your part can make a big difference in someone else’s life. If you'd like to join me in volunteering a little of your time, let me know and I will introduce you. You'll be glad you did. I know they will.


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©2011 Rich Patterson, CDPE, REALTOR®

Connecting home buyers and sellers in Dallas, Fort Worth and surrounding Metroplex communities.

Dave Perry-Miller & Associates
2828 Routh Street, Suite 100
Dallas, Texas 75201
Texas License #0578882
(214) 563-1667 mobile
(214) 853-9497 fax
(214) 303-1133 office

Send Email to Rich Patterson


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