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How is the DFW Real Estate Market?

June 20, 2009 by arhopper · 1 Comment 

According to  RECON
Real Estate Center Online News
June 19, 2009

HOUSTON, DFW HOUSING MARKETS SHINE

HOUSTON (Dallas Morning News) – The Brookings Institution has named Houston and Dallas–Fort Worth two of the top housing markets in the country.

Houston ranked first and DFW third among metro areas that have been the least affected by falling home prices.

Home prices in DFW were up slightly in first quarter 2009 compared with those in first quarter 2008, according to the Federal Housing Finance Agency’s quarterly House Price Index.

Of the top 100 metro areas, 38 avoided home-price declines over the last year.

PRESIDIO JUNCTION, WHATS YOUR FUNCTION?

FORT WORTH (Cencor Realty Services) – LNR Commercial Property is finishing infrastructure work on Presidio Junction and beginning vertical construction.

The 300-acre mixed-use development North Tarrant Pkwy. and I-35W will have more than one million sf of retail, restaurants and shops, 1,300 apartment units and 750,000 sf of fitness, hotel and Class-A office space.

Vertical construction has begun on 348 apartment units within the development.

The retail component of Presidio Junction is being handled by the Weitzman Group. Major retailers include a Lowe’s home improvement center.

 SAN ANTONIO ECONOMY OUTPERFORMS NATION

SAN ANTONIO (San Antonio Express-News) – The San Antonio economy has outperformed all of the nation’s largest cities through first quarter 2009, according to a Brookings Institution report.

The city has become accustomed to being labeled a top economy. It recently ranked fifth on Forbes.com’s list of cities most likely to bounce back quickly from the recession.

San Antonio’s economy — driven by sectors such as health care and insurance — has benefited greatly from military expansions and relatively stable housing prices.

The Brookings Institution report measured changes in employment totals, unemployment rates, housing prices, the values of goods and services produced by cities, and other factors.

Other Texas cities listed as top-performing metro areas include:

  • Austin (third),
  • Houston (fourth),
  • Dallas (fifth),
  • McAllen (sixth) and
  • El Paso (11th).
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Improve Your Credit Score

June 19, 2009 by arhopper · Leave a Comment 

“Improve your business, your life, your relationships,your finances and your health. When you do the whole world improves.”

– Mark Victor Hansen

If you are getting ready to apply for a new loan, your credit score will play a significant role in determining whether you are approved and what your terms will be. If you don’t know what your credit score is or how the process works, I can provide some insight.

Your credit score is determined by several factors, including your payment history, number of open credit cards and even the amount of recent loan applications. There are also many ways to improve your credit score, such as routinely paying more than the minimum due on your credit cards or closing unused credit card accounts.

For this month’s Item of Value, you will find a crash course in credit scores. I’ve listed several tips to raise or maintain your credit score, as well as a worksheet to help keep your finances in order.

Making a concerted effort to improve your credit score will enable you to secure the best possible terms on a future mortgage, car loan or student loan, and I am here to help!

Improve Your Credit Score Page 1

200904CAP-Stand page 2

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