1639 Goodwin Aubrey, Texas 76227 NEW

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Cape Cod style home with front covered porch & balcony, game rm, media-bonus rm, great for entertaining! Comes with full sod, wood floors, frosted glass front door, alarm system, automatic sprinkler, garage door opener, upgraded carpet, upgraded cabinets, Everstone (Granite composite) countertops, landscaping and fence. Master planned community, lakes, swimming pools, soccer fields, tennis courts, bike paths, playgrounds, restaurants, shops, WOW!

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Today's Texas Real Estate

Todays Texas Real Estate will have it's first airing on channel 21 in the DFW metroplex featuring homes available for sale. The focus is to show the actual home instead of focusing on model homes as Hot On Homes, Channel 8, shows neighborhoods and homes that are examples.

Tune in and see if the hype is all of what it is meant to be. Hotonhomes.com has had a stronghold in the Television market here in DFW, but we will see if TTRE can make an impact which they just might be able to.

Today's Texas Real Estate gives you an exclusive look at the hottest available homes in the Dallas / Ft. Worth area. With the roller coaster trends of the housing market happening all over the country, it can be overwhelming to find the home of your dreams. Today's Texas Real Estate makes it fun and easy to shop for your new home on TV and the web.

Visit www.todaystexasrealestate.com for more details and a replay of the shows.

Also visit www.bimsdfw.com for a list of up to date inventory that builders are attempting to sell quickly in DFW.

CraigRanchVIP.Com has launced!

On the 14th of June in 2008, CraigRanchVIP showcasing residential opportunities at Craig Ranch in McKinney, Texas has officially launched.

Here you can find new happenings in Craig Ranch and many opportunities from commercial to residential. Currently, CraigRanchVIP is showcasing lots in the development.

Visit CraigRanchVIP today to be a VIP!

Lakeside town homes on tap for Lewisville

Dallas-based Ganter Development is planning to build 60 town homes on Lewisville Lake, with construction scheduled to start in December.

The town homes will be built on five acres Ganter Development has under contract for $1.5 million northeast of Interstate 35E and F.M. 407/Justin Road in Lewisville, said Chris Ganter, who owns the company with his twin brother, Ben Ganter.

The units will range in size from 1,300 to 3,200 square feet and sell for $208,000 to $405,000. All 60 are scheduled for completion by June.

The two- and three-story town homes in the not-yet named development will have Austin-stone exteriors, two-car garages and a French-country feel, Chris Ganter said. Homeowner association fees will run about $100 a month and include exterior landscaping and maintenance, he said.

"In today's marketplace, especially in Dallas-Fort Worth, people don't want to maintain anything," Chris Ganter said. "They don't want to mow their grass or waste time on maintenance when they could be enjoying the lake."

Twenty-two of the town homes are presold, Ganter said. Ganter Development has built about 200 town homes in Allen, Grand Prairie and Cedar Creek since the development company launched two years ago. The company's strategy is to develop town homes on smaller tracts in the Metroplex that other developers have passed over, Ganter said. The company especially looks for waterfront property that's easily accessible by major roads, he said.
In the 12 months ending March 31, builders started work on 190 town homes in Lewisville, including 59 starts since Jan. 1, said Cassie Gibson, vice president of research for homebuilder consultant Residential Strategies Inc. Citywide, , 88 town homes are under construction now, and 54 town homes are finished but vacant, Dallas-based RSI's statistics showed.

Higher price point
Much of the town home construction in Lewisville lies along State Highway 121 and almost all is priced between $110,000 and $250,000, skewing lower than the Ganter town homes, Gibson said.

"With lake frontage, you're looking at a different pool of buyers," she said. "They're going to be more geographically widespread. They're probably looking at this purchase as either a weekend recreational home, or they're empty nesters interested in a low-maintenance lifestyle."
Despite slumping new home sales, Ganter seems to have found a niche, said Mitchell Vexler, president of Lewisville-based Mockingbird Properties, which is developing town homes priced at $185,000 to $280,000 at Chase Oaks Village in Plano.

"They're (Ganter's development) next to the lake, and they're honing in on a specific demographic," he said. "It sounds like they've got a winner on their hands."

Interesting that they could make a profit on townhomes with views of the lake. Will probably be a hit at those prices.

Texas' population continues to grow, migration study shows

Texas was the top state in the country for the number of inbound moves in 2007, according to the Atlas Van Lines migration study.

That means Texas welcomed the highest number of new residents out of all the states in the country. (Atlas did not release actual move figures.)

The Atlas Van Lines migration study shows that Florida has lost some of its luster as a state for new residents. In fact, for the second year in a row, Atlas Van Lines moved more residents out of Florida than into the state.
For the first time since 2001, California had more inbound moves than outbound moves, according to Atlas Van Lines.

"Atlas' migration study reflects the movement of the nation and identifies thriving hot spots in America," says Greg Hoover, senior vice president and chief marketing officer for Atlas World Group.

"Overall, the number of household-goods moves was down for the industry, as the post-Katrina exodus from Louisiana into the surrounding states leveled off and the housing market continued to stagnate. Real estate costs undoubtedly influenced migration patterns this year as well," Hoover adds.

Atlas Van Lines is a subsidiary of Atlas World Group in Evansville, Ind. The company had revenue of $986 million in 2006.

Again, what can stop Texas's growth. Fantastic!

Pre-owned home sales up 0.4%

Existing-home sales rose slightly in November, a hopeful sign of stabilization in the wake of mortgage disruptions earlier this year, according to the National Association of Realtors, which performed the study.

Across the nation, pre-home sales rose 0.4 percent to a seasonally adjusted annual rate of about 5 million units, up a bit from the 4.98 million units sold in October 2007.

Still, the sales figures pale in comparison to the 6.25 million-unit level recorded in November 2006 -- representing a 20-percent drop.

"Near term, existing-home sales should continue to hover in a narrow range, just as they have since September," said NAR economist Lawrence Yun in a statement released Dec. 31. "And that's good news because it will be a further sign that the housing market is stabilizing."

Mortgage interest rates are near historic lows, and the most current data shows decelerating price declines, Yun said, along with a modest reduction in the number of homes on the market.

The national media existing-home price for all housing types was $210,200 in November 2007, down 3.3 percent from November 2006.
There remains a downward drag on the national median as the mix of closed sales has shifted away from expensive markets, Yun said.
"Just like the weather, there are large local variations in home prices," he said.
The total housing inventory declined 3.6 percent at the end of November 2007 to 4.27 million existing homes available for sale. This represents a 10.3-month supply. With inventory continuing at such a high level, additional pricing reductions may be required in some areas to induce buyers back into the market, Yun said.

NAR also said Congress could provide a spark in the housing market by taking steps to expand affordable financing.

"Raising the limis on conforming loans would significantly revive home sales," said Richard Gaylord, NAR president. "This would help creditworthy buyers in hard-hit regions like California and Florida by greatly increasing access to low-interest rate mortgages."

NAR represents more than 1.3 million real estate professionals.


This is very weird to me. The market has always gotten bad press and that real estate is bad. HMMMM, what does this mean? Maybe a change for the better here!

Hello to the world. Realtors and builders check out the newest website for new homes in dallas at http://www.homeferret.com/. It will be launching early next year. Also, a new site has been created for my brokerage at http://www.blitzproperties.com/. I hope that you come back and check out new items I will be posting to this blog.