RECENT BLOG POSTS
 Wondering if prices have stabilized in your (San Antonio area) neighborhood?  For the last two years, we have been offering a Free Market Snapshot, sent monthly or quarterly to anyone in the Greater San Antonio area who wants one, without cost or obligation.  We are happy to tell you that the pr...
03/18/2010
I am not a cynic, but I have come to believe that News programs have only one real purpose - to keep you watching between commercials.  Bad news and fear are very effective in doing just that. Now, when all the signs point to the beginning of a sustainable recovery, with interest rates at histori...
03/03/2010
Today, the world's most famous weather forecaster, Punxsutawney Phil, emerged from his den, saw his shadow, and scurried back to rest for six more weeks.  If you missed this landmark event, you can find the story here:  http://www.msnbc.msn.com/id/35194650/ns/us_news-life/ The contrarian pretende...
02/02/2010
What we have been predicting is starting to happen:   Interest rates continue to bounce between 5% - 5.5% for 30-year fixed mortgages.  The Fed bought $12 billion worth of Mortgage Backed Securities in the week ending 1/20.  As they wind down their purchases, as they have announced they intend to...
01/23/2010
Just about every day, someone tells us, "I'm planning on selling after the first of next year".  Their logic is usually either, "No one buys during the Holidays" or "I don't want to be bothered during Christmas".  Here's why that might be faulty logic:  •1.      Many people take the only time the...
12/14/2009
After weeks of rumors and premature announcements from "industry experts", Congress has finally passed the extension of two important measures for you and everyone you know.  Both the House and the Senate have passed an unemployment insurance bill, which includes an amendment that expands and ext...
11/05/2009
Like you, every day, I receive several offers to instantly repair credit (for myself or for my clients), and I pass dozens of bandit signs on street corners offering Expert Credit Repair.  Here's why that's still a bad idea.  The usual way do-it-yourself gurus go about the credit repair process i...
10/17/2009
You ask, "How's the Market?"  Every REALTOR® is asked that question numerous time each day, and the answer always depends upon what the questioner wants to accomplish:  Buying or Selling?As a general rule, our market in San Antonio is still robust and balanced, with qualified Buyers treated to a ...
10/11/2009
What happens when mortgage rates drop?  Lots of good things: •     ALL homes become more affordable - Those who couldn't afford to buy can finally take the first step.  Those who wanted to move-up can finally afford to buy their dream home.  Investors can take advantage of bargain prices to lock ...
10/07/2009
A young client of ours said to us this week, "I still have two months to get a house and get the $8,000 TAX FREE CASH from Uncle Sam, right?"   Wrong!   The $8,000 First-Time Home Buyer* Tax Credit program expires on November 30.  The sale has to be closed on or before November 30 to qualify for ...
09/29/2009
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Ellen & DocStephens

Doc & Ellen Stephens
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