Real Estate Information Archive


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What a difference a year makes....

by Ashton Gustafson

Good Monday morning to you!

If you've read anything about the Real Estate market over the past 3 years, the main buzz was the 1st Time Home Buyer and Repeat Buyer Federal Tax Credits. This $8000 tax credit sent a wave of buyers into all markets...and, rightfully so.

However, in less than 6 months, interest rates have fallen on a 30 year fix from 5.25% to 4.25%. At a loan amount of $200,000, this is over $43,000 in savings over the life of that loan. The last time I checked, $43,000 was greater than $8,000...what a difference a year makes. The chart below puts this into great perspective.

To keep an eye on all of the opportunities that are hitting the market each day, remember to log in @ This has quickly become the best site for the buyer/investor in North Texas.

If you're thinking about taking advantage of these rates and moving up, see for a free market analysis of your property.

If I can answer any other questions or serve someone you may know, please let me know.

Make it a great week and GO RANGERS!

"He who says he can, and he who says he can't both are usually correct." Confucius


by Ashton Gustafson

Good Monday morning to you!

How bout those Rangers!!! Hopefully we can see them come back our way soon from New York and be ahead in the series.

Time to Buy

One of our VALUES is Rapid Response. Unfortunately, I'm not seeing enough people respond rapidly to the opportunity that this market has brought us. With interest rates at historic lows and inventory at an all time high, there is great opportunity.

Everyone is also looking for diversification too...right? Americans have traditionally chosen the stock market for additional income and retirement funds; however, real estate—especially today—can provide cash flow, more stability and better tax incentives than investing in stocks. In fact, when properly managed, leveraged equity in real estate can far outpace stock appreciation over time.

Below you will see that over the past 10 years, the S&P 500 has lost value, while the average home price has appreciated, even when taking into account the recent national housing crisis.

Graph Source:

New Listings

For more information, see

Useful Websites - Every home available for sale in MLS. - Wondering what your home is worth? - What's up with interest rates?

Best of luck in the week ahead, and please let me know if I can serve you or anyone you know this week.

In times of change learners inherit the earth; while the learned find themselves beautifully equipped to deal with a world that no longer exists. Eric Hoffer

Plan, Prepare, Succeed

by Ashton Gustafson

Good Monday morning to you!

The famous UCLA basketball coach, John Wooden, once said - "When opportunity arrives its too late to prepare." I heard that quote this week and it has not left my thoughts. We must plan, we must prepare, and only then can we expect to win and find success. Essentially what he was saying is, success and achievement is not an accident.

The reality is opportunity is HERE, and no one knows for how long. We have never seen this much available inventory, and we have never seen interest rates this low. These two facts, truly, make this a great time to participate in the market.

A great place to prepare and watch the market is @ Here you will get your choice of either weekly or daily updates of new listings and price adjustments.

Did you know that the stock market was flat from 2000 - 2010?

Did you know that the Real Estate market is up 20% from 2000, and that is after the biggest drop in values ever?

Did you know that the difference in a loan of $200,000 from where interest rates were 2 years ago is almost $100,000 in interest paid over the life of that loan?

Opportunity is here, and I want to play a roll in your preparation and ability to capitalize on it.

If I can serve you or anyone you may know, please let me know.

Displaying blog entries 1-3 of 3

Contact Information

Photo of Ashton Gustafson Real Estate
Ashton Gustafson
The Bishop Realtor Group
1916 N. Elmwood Ave.
Wichita Falls TX 76308
Office: 940-691-7355
Fax: 940-691-7363