Monthly Archives: April 2014

Lake Views From Every Room in this Highland Village, Texas Home For Sale


Single Family Home for sale in Highland Village, TX


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Description
Neighborhood

$519,900
Single Family Home
Main Features
5 Bedrooms
4 Bathrooms
1 Unit
Interior: 4,949 sqft
Lot: 0.37 acre(s)
Location
3104 Forest Shores Lane
Water views from almost every ro
Highland Village, TX 75077
USA

Jim Striegel

Jim Striegel

(972) 899.0634
JStriegel@Realtor.com
http://www.JimStriegel.com

   

Listed by: Jim Striegel Team, Real Estate Connections

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Rates on New Home Loans Back Up Over 4%

Eye on Housing

Earlier today, the Federal Housing Finance Agency (FHFA) reported an 8 basis point decline in mortgage interest rates between February and March. However, the decline was due entirely to loans on existing homes. The average contract interest rate on conventional mortgages used to purchase newly built homes actually increased in March, from 3.91 to 4.21 percent, reversing an anomalous drop to under 4 percent that occurred in February.Contr Rate Apr 14Initial fees dropped on mortgages for both new and existing homes in March, but not enough to offset the movement in contract rates on new home loans. After amortizing initial fees over the estimated life of the loan, the effective rate on new home loans increased from 4.04 to 4.35 percent, moving back into a range typical of the latter half of 2013.

The average price and loan size on conventional mortgages used to purchase newly built homes also reversed previous month…

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Flower Mound Home For Sale located by Lake Grapevine with a Boat Dock!


Quiet country living near Lake Grapevine in Flower Mound, Texas!


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Description
Neighborhood
Market Stats

$354,900
Single Family Home
Main Features
4 Bedrooms
2 Bathrooms
1 Unit
Interior: 2,531 sqft
Lot: 0.46 acre(s)
Location
2624 Green Tree Lane
Flower Mound, TX 75022
USA

Jim Striegel

Jim Striegel

(972) 899.0634
JStriegel@Realtor.com
http://www.JimStriegel.com

   

Listed by: Jim Striegel Team, Real Estate Connections

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Filed under Dallas Real Estate, Dallas Texas REALTOR, Flower Mound, Flower Mound Homes For Sale, Grapevine Texas REALTOR, Highland Village, Real Estate, Rentals, Southlake Texas Homes For Sale, Texas, Texas Homes For Sale, Texas Real Estate, Uncategorized

What’s Ahead For Mortgage Rates This Week – April 21, 2014

Real Estate Finance Insights

What's Ahead For Mortgage Rates This Week - April 21, 2014Last week’s economic news supported the general outlook for moderate economic growth. Housing related news included the National Association of Home Builders / Wells Fargo Housing Market Index for April and Housing Starts for March.

NAHB: Builder Confidence Holds Steady Amid Concerns

The NAHB/Wells Fargo HMI for April ticked upward by one point to a reading of 47 against the March revised reading of 46. Home builders surveyed expressed concerns about high home prices, a lack of available lots for development and a labor shortage. Some desirable markets have been held back due to low inventories of available and/or affordable homes.

Builders surveyed for the HMI were asked to rate three components used in compiling the monthly index; these include current market conditions, market conditions expected over the next six months, and buyer foot traffic in newly built homes. April’s readings were 51, 57 and 32 respectively.

Readings for current…

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Immaculate Flower Mound, Texas Home For Sale! Take A Look…


Immaculate Flower Mound Home For Sale!


Overview
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Description
Neighborhood
Market Stats

$439,900
Single Family Home
Main Features
4 Bedrooms
3 Bathrooms
1 Partial Bathroom
1 Unit
Interior: 4,160 sqft
Lot: 0.34 acre(s)
Location
2012 Town View Blvd
Flower Mound, TX 75028
USA

Jim Striegel

Jim Striegel

(972) 899.0634
JStriegel@Realtor.com
http://www.JimStriegel.com

   

Listed by: Jim Striegel Team, Real Estate Connections

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#flowermoundhomesforsale #flowermound #jimstriegel #flowermoundrealestate

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Filed under Before Buying a House, Dallas Real Estate, Dallas Texas REALTOR, Flower Mound, Flower Mound Homes For Sale, Grapevine Texas REALTOR, Highland Village, Mortgages, Real Estate, Spring, Texas, Texas Homes For Sale, Texas Real Estate, Uncategorized

Dallas-Fort Worth new home starts highest in seven years!

Dallas Construction At An All Time High!

Dallas Construction At An All Time High!

First quarter home starts in North Texas jumped almost 70 percent from a year ago. (DMN files)

North Texas home starts jumped almost 60 percent in the first quarter.

The big percentage risie in home starts was much greater than anticipated, and probably won’t continue through the rest of the year, analysts say.

“There is a lot of construction that wasn’t started in December because of the weather and that got pushed in to January,” said Ted Wilson, with Dallas-based housing analyst Residential Strategies. “On top of that we had a normal first quarter increase in activity.”

Builders started about 7,300 single-family homes in the Dallas-Fort Worth area in the first three months of 2014, Residential Strategies reported Thursday.

That’s the highest quarterly home start rate in the D-FW area since 2007. In our local area, I see new homes popping up all over. Looking to build? We have some amazing lots available here:

Source: The Dallas Morning News

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