David Jordan's (dljordan) Blog

A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it meets your current needs. Myt...

Real estate experts often refer to the impact and strategies of "motivated sellers," but the needs of another group are sometimes overlooked: motivated buyers. Home buyers can have many motivations for wanting to buy quickly: a desire to take advantage of low interest rates, the need to address t...

Houston Association of REALTORS� Regional Sales and Price Activity Houston Association of REALTORS� Median Price Percent Change in Price from Prior Month Percent Change in Price from Prior Year Total # Units Percent Change in Sales from Prior Month Percent Change in Sales from Prior Year   Jun-10...

Although credit guidelines for conventional loans have been loosening up somewhat lately, there is yet another very major change coming from Fannie Mae for ALL  loans closing as of 6/1/2010.    This will affect all loans nationally for all lenders  who underwrite to Fannie Mae guidelines   AS of ...

FHA has postponed the effective date of limiting the seller contribution to 3%.  They are now saying that they will give us 30 days notice before they announce the effective date of the change and that is will be later this summer.  So, for now the seller can continue to pay up to 6% of the buyer...

I just wrote a new article on how we can help save owners from Foreclosure. Please take a look. www.harriscountyshortsale.com/Your-First-Steps-To-Avoid-Foreclosure.aspx

This summer, the Federal Housing Administration will tighten its lending Standards. These new standards will make it harder for some buyers to purchase a new home. Below are some of the new rules. •1.       Better Credit Scores - Borrowers will need a minimum score of 580 to quality for a 3.5% d...

Beautiful Lennar 'Yorktown' on a cul-de-sac with lots of upgrades. Amenities include: island kitchen, extra cabinets, new stainless steel range and double oven,Microwave and refrigerator, blinds, sprinkler, Corian counters, new laminate wood flooring, sunroom with AC, radiant cook top, gas logs, ...

There were 15 homes SOLD in Fairfield for the month of January.  Price per square foot ranged anywhere from $67.50 for a four bedroom two story built in 2000 all the way up to $91.45 for a NEW Village Builders one story 3 bedroom. These homes were on the market an average of 66 days. Most of the...

One-story single-family home with a 2 car detached garage. House features family room with a fireplace, spacious kitchen with laminate counters, breakfast room, 3 bedrooms, and 2 bathrooms. Mature landscaping. Convenient access to Hwy 290. Call David Jordan at 832-878-7844 or Corey Guerrero at 71...