Wichita Falls, TX Real Estate News

By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
There is currently a 6 month inventory of homes available for Wichita Falls. Now some price ranges may differ, but for the entire community - it rests at 6 months. This is a stunning figure, when you consider the entire face of the nation's economy right now. A 6 month inventory, is what Real Estate economist believe is the best figure to have. If you are considering buying a home in Wichita Falls, please see www.TexomaListings.com . There are some many reasons why now is a great time to buy - federal tax credits - city first time home buyer plan - great inventory of homes, just to name a few. If you are considering selling, see www.TexomaHomeValue.com - I have been very successful this year, selling my own listings - if you are interested in how I can help you sell your home in the lea...
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
I will be having 3 open houses this Sunday in Wichita Falls. They are as follows: 4 Libby Court - Move in ready - clean as can be - great buy at $159,900 - 1:15-1:45 4903 Legacy - Great Wachsman home for the money - $209,900 - 2:00-2:30 2939 Loma Linda - 0 Lot Line Home - Handicap accessible - $199,900 - 2:45-3:15 Looking to Sell? www.TexomaHomeValue.com Looking to Buy? www.TexomaListings.com
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
Thus far 2009 has been an incredible year for myself and the Bishop Team. We have seen no slow down at all in this market, and it is one to be envied by the majority of the country. I have also launched new sites to better serve my clients and the market consumer. www.TexomaListings.com is a site made strictly for BUYERS in Wichita Falls. This site will send you every home within your criteria and email you each morning with the new activity that has happened in the last 24 hours. If you are a buyer looking in Wichita Falls for a home to buy, this is the BEST site available. www.TexomaHomeValue.com is a site made strictly for Sellers or those looking to sell. Wonder what you're home is worth today? See this site. www.TexomaForeclosure.com is a foreclosure prevention site. If you are pos...
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
Have Your Tenant Pay for Your Child's College Education! Did you realize that if your purchase a rental property while your child is young, you will have a property to sell in 15 years (using a 15 year mortgage) that will pay for their college education....and it didn't cost you anything! Here is the equity created in a $125,000 rental property with a 10% down payment with NO CONSIDERATION for the property appreciating!               Equity today (down payment)                         $12,500             Equity in 5 years                                                      $52,054             Equity in 10 years                                                   $84,311             Equity in 15 years                                                   $125,000 Let me help you find the righ...
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
It's not much of a secret anymore, but home staging is a growing trend that can expedite the sale of your home and attract potential buyers. To prepare, or "stage" your home it is a good idea to start with your front yard. This is where first impressions are formed. Ideally you want your yard to be tidy and well groomed. Some things you can do to spruce up your yard could be: A thorough wash of the siding or fresh stain Lawns, shrubs and tress should be trimmed Flower beds and pots should be weed free Once you have created an inviting and clean front yard, potential buyers will want to enter the home for a closer look. There are a few basic home staging techniques that you can follow for the interior of your home that may help seal the deal. All rooms and hallways should be clutter free...
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
Wichita Falls MLS Statistics for November 2008 Total Sales Closed  - 86 Sold Dollar Volume - $10,071,125 Average Sales Price - $117,106 Averge Days on Market - 78 When I see these stats, I see opportunity. From a buyer's perspective this is THE TIME TO BUY. I do not say this to inflate reality, I say this - because it is reality. Rates are now at an all time low and I have numerous properties that are for sale at great prices - prices we may never see again. Remember, www.TexomaListings.com for Buyers and www.TexomaHomeValues.com for Sellers. I am continuing to sell property every week - for results, please call me @ 940.224.0881.
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
Ashton Gustafson is looking to be Wichita Falls' first e-Pro. A designation given by the National Association of Realtors for those that have the skills and education to serve their clients in the latest forms of technologoy. Marti Pattison - NAR e-Pro Certified Trainer - gave the seminar this morning at the Wichita Falls Association of Realtors office. Ashton is looking to be certified by the end of November - another reason to choose Ashton to serve your Real Estate needs. www.TexomaHomeSource.com AG - The Bishop Group - "A Modern Approach To Real Estate"
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
What would you do with $7500?  Now's your chance to ask yourself that question - and have it be a reality.  To stimulate the mortgage industry, a $7500 tax credit is now available to first time home buyers.  See www.TexomaHomeSource.com for every home for sale in Wichita Falls. If you buy your first home by the end of this year, you could be eligible for the credit on your 2008 tax return.  So what would you do with that money?  Let's talk investments.  You can put it in savings and let it gain interest while you pay it back $500 at a time at no interest over the next 15 years.  Some may choose to use the money to pay bills:  You could put it towards your new mortgage, your school loans, or pay off credit cards.  If  you borrowed the down payment for your home, the tax credit could pay ...
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
The Wall Street Journal released a great article yesterday concerning the Real Estate Sector. As I have said this entire year, TEXAS Real Estate has been VERY protected from the rest of the country's values. http://online.wsj.com/article/SB122514834086373809.html Take time to read this article...now is the time to buy and I'm not only saying this, but DOING THIS. I have purchased 6 different properties in the last 16 months...and seeing great returns.   www.TexomaListings.com - SITE ONLY FOR BUYERS
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
The quotes below were sent from Ralph Dunkelberg - Fidelity Bank - Wichita Falls Rates fell again today...Conv 30 year 6.375% FHA 30 year 6.500% See www.TexomaListings.com to have every home in Wichita Falls or Burkburnett emailed to you as soon as it hits the market. For anything else Real Estate related, see www.TexomaHomesource.com . ashton@bishoprealtors.com - 940.224.0881 cell
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
The results are in and once again, the Wichita Falls MLS was up compared to a year ago. September 2007 showed the Wichita Falls MLS to have $17,967,225 in total sales....September 2008 showed the Wichita Falls MLS to have $19,208,138 in total sales. These numbers are great when your compare other similar economies across the the country. Note: Ashton Gustafson has quickly risen to be one the most successful agents in the Wichita Falls area. For any questions you would like answered about these statistics, please email him at ashton@bishoprealtors.com .
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
Wichita Falls Realtor Participates in University-Level Course Teaching Specialized Methods for Helping Sellers Get Greater Value in Real Estate Sales Atlanta, Georgia - Ashton Gustafson of Ann and Denny Bishop Realtor Group in Wichita Falls participated in an intensive, two day Listing Specialization course here, learning with a select group of Realtors how to dramatically improve the services they render to real estate sellers, thereby enabling sellers to obtain the home value they're looking for in less time and with fewer hassles. Ashton, who already ranks substantially above the average real estate agent, has currently helped over 60 home owners move this year. The typical agent in the United States averages less than 12 transactions, buyers and sellers, per year. According to Gusta...
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
I had the chance to speak with Ralph Dunkelberg of Fidelity Bank this morning about the currently financial situation that we are all facing. He explained that rates are STILL historically low and very available to those with good credit. As of this morning, a 30 year FHA Loan was at 6.5% and a conventional was at 6.375%. Ralph can be contacted at rdunkelberg@fidelitybankwf.com or 940.763.2100. Remember to see our other new sites at www.TexomaListings.com or www.TexomaHomeValues.com - All have been very useful to our clients that are in the market to purchase Wichita Falls Real Estate. Ashton Gustafson - 940.224.0881 - ashton@bishoprealtors.com
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
We have been working hard to provide you with the best web sites to help you in both buying and selling Real Estate in Wichita Falls. The sites are as follows: www.TexomaHomeSource.com - This site serves to provide general information for Wichita Falls Real Estate. Here you can find information on current listings, buyers tips, sellers tips, and search through our preferred vendors. www.TexomaListings.com - This site takes the criteria that you have for a home and updates you each morning when a new home has come on the market within your criteria. It is fast, free, and easy - Hundreds of buyers have loved this site! www.TexomaHomeValues.com - Thinking about selling your home in Wichita Falls? This site will send you an up to date CMA within 24-48 hours of submission. www.TexomaForeclos...
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
I have said numerous times how fortunate we are to live in Texas at these times. Total sales volume for the Wichita Falls MLS were $25,943,968. When you compare this to August 'O7 ($24,163,809), you will see that we were actually up 7%!!!! If you are considering buying or selling Real Estate at this time, please give me a call or email me at ashton@bishoprealtors.com And don't forget about the new sites - www.TexomaListings.com - For Buyers or www.TexomaHomeValues.com for Sellers.
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
I have now introduced a new system for buyers to utilize while driving and looking at homes. If you pass a listing that I have in Wichita Falls, you can simply text message "ASHTON" to 47464 with your cellular phone and have the criteria of the home sent to your home as well as photos. This is a great feature and another simple set in the modern approach of buying and selling real estate.
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
Wichita Falls ISD Earns State's Highest Fiscal Accountability Rating for Sixth Year   Wichita Falls Independent School District officials announced that the district received a rating of "Superior Achievement" under Texas' Schools FIRST financial accountability rating system, the sixth year in a row at the highest rating. The Superior Achievement rating is the state's highest, demonstrating the quality of Wichita Falls ISD's financial management and reporting system.   This is the sixth year of Schools FIRST (Financial Integrity Rating System of Texas), a financial accountability system for Texas school districts developed by the Texas Education Agency in response to Senate Bill 218 of the 77th Texas Legislature in 2001. The District has received a "Superior Achievement" every year. The...
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
Purchasing a home can save you money very quickly. FIRST, you'll save on taxes because the interest on your home mortgage is tax deductible. If you rent, your landlord gets the break. SECOND, you'll save on interest payments while keeping the great tax advantage. For example if you are paying $900 per month in rent, you are paying a portion of this towards your landlord's property taxes and mortgage loan interest. Your landlord can write this amount off. You derive absolutely no tax break. When you own a home, you now reduce your taxes for the mortgage interest and for your property taxes. Your interest is always the highest during the early years of your loan, so your overall write-off is largest during these early years. Paying rent is like throwing your money out the car window each ...
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By Ashton Gustafson
(Bishop Realtor Group - Wichita Falls, TX)
Many people have been asking me about what all House Bill HR 3221 does for the Real Estate sector...see below for a detailed overview. If you would like more explanation, please call me at 940.691.7355 or email at ashton@bishoprealtors.com . Key Provisions in H.R. 3221, The American Housing Rescue & Foreclosure Prevention Act   FHA Housing Stabilization and Homeownership Retention Act ·        Provides mortgage refinancing assistance to keep at least 400,000 families from losing their homes, to protect neighboring home values, and to help stabilize the housing market at no cost to American taxpayers. ·        Expands the FHA program so many borrowers in danger of losing their home can refinance into lower-cost government-insured mortgages they can afford to repay.  ·        Protects tax...
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