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

Dallas Fort Worth Texas Real Estate News Archive Provided by Rich Patterson, Dallas Realtor

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.


Trulia Posts

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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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High Rise Condos (multiple zips)
75201 - Downtown/Uptown
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Higher Gas Prices Stimulate More Urban Renewal

More and more news organizations across this nation are reporting how issues like high gas prices, environmental concerns and gridlock on our roadways are drawing people back to the city for housing. Instead of the urban blight that dominated back in the 80’s, people are discovering luxury style townhomes, condos and high-rises with features like granite countertops, stainless steel appliances, hardwood floors and fantastic views of the city.

Cities that are investing millions into light rail systems, like Dallas and Denver, are experiencing a high rate of revitalization in and around the urban core. I've been watching the growth here ever since my partner and I moved to Uptown in 2001. We love living in the city. Life here means you’re within walking, biking or transit distance to entertainment, restaurants, shopping, gyms, exercise trails, you name it.

CNN Article

WFAA Article

WSJ Article

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For Sale in Downtown | Uptown | Deep Ellum | Oak Lawn


Urban Market Success

Dallas' only grocery store in the city center is alive and well.

Dallas Morning News Article

DART Light Rail Line Expansion

The new DART Green Line is a 28-mile, 1.8 billion dollar project and is currently the largest light rail expansion in the US serving the fastest growing region in the US.

You can read more about the DART Green Line and search for properties near the stations here.


Relocation Information

Relocating to Dallas or just moving across town? Be sure to check out the recently updated Community and Relocation Page for information about city, school, utility, restaurant, home improvement, shopping, government, health, etc. There are 263 links so far and counting.


Holiday Lights Across Texas

Are you getting in the mood for holiday lights? Here are some great locations for holiday lights courtesy of the Dallas Morning News.


Housing Relief Bill Allows for a $7,500 Tax Credit*

This new law provides for a $7,500 tax credit for first time home buyers. *This credit is available to folks who have not owned a home before or to those who have not owned a home in the past three years. Only homes purchased on or after April 9, 2008 and before July 1, 2009 are eligible.

Frequently Asked Questions
(courtesy of NAHB)
Key Provisions of HR 3221
(courtesy of NAR)

US Housing and Urban Development's Tips on Keeping Your Home

Are you struggling with you current mortgage payment? Follow this link to HUD's Tips for Avoiding Foreclosure.


Can I get Green Power in Dallas?

Discover Green Power at the Texas State Energy Conservation Office's Web Site.

If you've already made the decision to switch, go to the Public Utility Commission's Web Site where you can enter your zip code to check for offers and availability.


City Council Passes New Animal Control Ordinance

New rules tighten animal ownership in Dallas.


Katy Trail Home Search

Do you like to walk, jog, roller-blade or bike? Maybe you'd like to live close to the Katy Trail. Search here for a home, condo or town home near the Katy Trail.


City Lights Project a Go

Read the Dallas Morning News article here. The City Lights Project is a retail / residential development to be built close to the DART Green Line at the corner of Live Oak and Good Latimer.

Map

Famous Dallas Area Home

What famous home is located at 3700 Hogge Drive in Allen, Texas?
Click here to find out.

I took my mom and younger brother out there on their first visit to Dallas. I remember my mom saying something along the lines of, "I don't care where we go as long as I get to see Southfork Ranch"! She was a big fan, but then, so was I. It was 1983 after all and they were still taping the television show at that time. It's now an event and conference center but you can still take a tour.



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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