It Isn't Hobbies That Bring
Brad & Traci Together
It's Their Approach to Life
Brad & Traci Brusenhan know the beautiful parks in Plano don’t have anything to do with the fine dining in Dallas. They realize that local youth sports are integral to the community, but there is no connection between them and the cultural diversity of the people or the access to world-class shopping and amenities. Brad & Traci can tell you that when you bring all these significant elements together, they make the Dallas, Texas metro area a great place to live.
DFW Real Estate Update: January 27th, 2009
The local housing market is picking up in Dallas. Our showings and listing inquiries through the MLS have quadrupled in the January and we still have a few days to go. All the people with money will tell you that they earned it by watching what everyone else was doing and then doing the exact opposite. While things are improving here in DFW, the majority are either unaware of it or unwilling to acknowledge it. They are convinced that real estate is a bad deal because that’s what they hear on the news. The fact is that a lot of people bought at the peak of the market, at their maximum ratio, with no money down, and now they are forced to sell at a loss. In addition to this opportunity for people who are purchasing or upgrading, mortgage rates are AMAZINGLY low!
A recent market study has indicated that Dallas / Fort Worth is #1 in the top 10 list of the major metropolitan areas for a strong rebound in the housing market. Plano, TX in Collin County is also the number #1 city for growth in individual wealth in America! The DFW housing market is bursting with opportunity. Even if there is a bit of a loss on the sale of an existing home, with these interest rates and low housing prices, you could easily make up for it up on the purchase of another.
If you are upgrading to a more expensive home at a discount which is proportionally equal to the discount on the home you sold, you will pick up the difference. Maybe you lost $10,000 of potential equity on the sale of your home, but someone else may have lost $15,000, which you happened to have picked up, on your purchase of their home that was 50% larger. Add a 25% reduction to your interest payment every month and it is not hard to see why I believe that this is a great time to purchase a home in Dallas, TX.
posted by: Brad Brusenhan
