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Wichita Falls Real Estate Update- October 31, 2011

by Ashton Gustafson

Market Overview

We are seeing a challenging market in North Texas at this time. YTD our residential market sales are down approximately 20%. With a challenge, we also see opportunity. The current interest rates are still as low as we have ever seen them, which means the buyer today has more power than he ever has. Should one be looking to buy and hold, we see this as a great investment opportunity. All in all, this is a market we have described as a "Price War and Beauty Contest"....To hear a recording of my view on the market at this time, see www.TheFallsPodCast.com.

Websites for Fast Answers

www.TheFallsHomeFinder.com - Every home available for sale.

www.TexomaHomeValue.com - Looking to sell? Get a FREE market analysis.

www.ImAhappyBuyer.com - The truth on today's interest rates.

We would love to discuss with you any questions you may have in the market today! Call me anytime at 940.691.7355.

City of Wichita Falls to Auction Home and 18.5 Acres

by Ashton Gustafson

NEWS RELEASE
Contact Barry Levy
City of Wichita Falls Public Information Officer
(940) 761-7401
barry.levy@wichitafallstx.gov

 The City of Wichita Falls will be selling, at auction, a home and 18.5 acres of land, appraised at $111,195.00, on Thursday, November 3, 2011 at 10:am at 4927 West Highway 258 (the location of the home and property). The minimum bid for the home and land is $70,000.00. The City reserves the right to reject any or all bids. The successful bidder must tender a cashier's check for 10% of the bid by 1:pm Friday, November 4th and tender payment in full by cash, cashier's check or certified funds no later than 1:pm, Monday, November 14th, 2011, pending City Council approval.

  The home and property will be open for inspection, Friday, October 21st from 1:pm to 6:pm. For complete details including the property description and photographs go to www.wichitafallstx.gov and click on the article on the homepage under News and Announcements.

  For more information please contact the City of Wichita Falls Property Management Division at 940-761-8816. Use this URL address for a map of the location http://maps.yahoo.com/embed#q=TX-258%2C+Wichita+Falls%2C+TX++76310&start=1&lat=33.86029528778681&lon=-98.58221054077148&zoom=13&mvt=m&trf=0

4900 Qual Springs - Wonderful Modern Property - Just Listed

by Ashton Gustafson

4900 Quail Springs

James Foster custom built contemporary 2 story, 4 bedroom + office, 3 full baths, 2 half baths, 3 car garage home with gorgeous covered patio and an in-ground gunite diving pool! 2 living areas + upstairs game room, soaring ceilings, stained & scored concrete floors, Lincoln windows, 3 fireplaces (2 inside) 1outside, gourmet kitchen, fabulous isolated master suite. Incredible property!

Virtual Tour- http://www.visualtour.com/applets/flashviewer2/viewer.asp?t=2616564&sk=200

Contact us at 940.691.7355 to set up an appointment to preview.

Wichita Falls Real Estate Sites

by Ashton Gustafson

Good Monday morning to you!

Looks like autumn is on its way this week! Remember to place your firewood order early. If you need someone to call, check out the classifieds in the paper. There are tons of vendors ready to deliver.

No matter when you are looking to participate in our local Real Estate market, we have numerous sites to keep you in touch with what's going on. There is no other company with access to this information.

House Hunters

www.TheFallsHomeFinder.com - Every home available for sale.

www.LuxuryHomesWF.com - Daily list of new luxury properties.

www.TexasBankOwned.com - Invest in today's foreclosure market.

Future Home Sellers

www.TexomaHomeValue.com - A FREE analysis of your property within 48 hours.

Monthly Market Update

www.TheFallsPodCast.com

Our Current Listing Inventory

www.TexomaHomeSource.com/properties

If we can serve you or anyone you know this week, please let me know.

October Wichita Falls Real Estate Pod Cast

by Ashton Gustafson

October Pod Cast Is Up!

This month's edition covers Greater Wichita Falls real estate market activity and then and we'll discuss the latest staging tips for buying or selling in this upcoming fall market. Features special guest Terri Murphy of US Learning. Check out www.TheFallsPodCast.com.

Now Is The Time

Rates have NEVER been this low, and inventory has never been this high. Don't let this opportunity pass you by.

http://www.texomahomesource.com/properties - See our listings!

www.TheFallsHomeFinder.com - Every home for sale.

www.LuxuryHomesWF.com - Daily updates on the luxury market.

www.TexasBankOwned.com - Looking to invest? Start here.

Thinking of Selling?

We all want to know what our home is worth in today's economy. See www.TexomaHomeValue.com. Within 24 hours we will get you an updated market analysis for your area.

Make it a great week, and let us know how we may serve you or anyone you may know.

 

Interest Rates and the Dallas Cowboys

by Ashton Gustafson

Good Monday morning to you!

Interest Rates and the Dallas Cowboys

What do interest rates and the Dallas Cowboys have in common? Predictability. You never know what they're going to do! We are seeing interest rates bounce between 3.75% and 4.75% on Conventional/FHA/VA 30 year fixed loans. And each day its a new story.

We've shown you this before, but check out my blog entry at www.ImAhappyBuyer.com. Rates are even better than when this blog was written, which means we even a better opportunity right now.

For everything else, see www.TheFallsHomeFinder.com.

Inventory

Be sure to check out http://www.texomahomesource.com/Properties to see all our current listings. There are so many GREAT homes available at this time and we would love to show them to you or anyone you may know.

TV Show

Be sure to tune into our TV show on Time Warner Cable-Channel 15 this week. Denny and I will discuss current market trends and walk your through many of our current listings.

Displaying blog entries 1-6 of 6

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