Real Estate Information Archive

Good Monday morning to you!

Financing Report
Many people have heard that finding financing for their next purchase is very difficult.
While the paperwork may be hefty, I have found that over 85% of the people I have worked with
this year do, indeed, qualify for financing of some sort. With rates at historical lows, there may never
be a better time to borrow money to purchase real estate. I work with many investors, and they are making
up a large part of the buying market. Always follow investors, they know when they see value.

Looking to Sell Your Home?
www.TexomaHomeValue.com was created to help those looking into selling their home gauge where the marketmay respond to their property. If you are looking to sell your home in the next few months, go to www.TexomaHomeValue.com. We will get an electronic market analysis of your property to you within 24-48 hours.

Pod Cast Market Update
Check out www.TheFallsPodCast.com. Here you will be able to hear a brief update on the market and what's going on in North Texas.

Follow Ashton
www.FollowAshton.com launched last week.  If you use Facebook, LinkedIn, Twitter, or YouTube, check it out and let's be friends!

Let us know how we may be able to serve you and your WichitaF alls real estate needs.

Good Monday morning to you!

The Heat Is On

We made national news this week by hitting 100+ degree temperatures 51 days in a row now. With only 4 inches or rain since October, we truly need rain more than ever. Please say a prayer for the farmers in our area.
 

Looking for a home? Let us FIND it!
3 years ago, I launched www.TheFallsHomeFinder.com. We never knew how successful it would be. It has become THE SITE for buyers looking in the Wichita Falls and surrounding area. Simply log-in, create a profile, and let the finding begin. We will meet you whenever and wherever you would like to start the house hunting process!
 

Thinking of Selling?
Check out www.TexomaHomeValue.com. We will get an analysis of your neighborhood activity ASAP. This is a great place to start if you are looking at the possibility of selling.
 

If I can do anything for you or someone you may know this week, please let me know. Make it a great week!

778 Crow Trace - Lake Arrowhead

Check out www.TheFallsHomeFinder.com to preview every home available in Wichita Falls and the surrounding area with a pool this Summer.

Simply go to the site above, and select request showing on the ones you would like to preview.

Ashton Gustafson has made it his practice to be at the forefront of technology in the Real Estate sector for Wichita Falls and North Texas. See below for all your Real Estate needs.

www.AshtonGustafson.com - Total market overview.

www.TheFallsHomeFinder.com - The BEST Site for Active Buyers.

www.TexomaHomeValue.com - Thinking of selling?

www.TexasBankOwned.com - Looking to invest?

www.TheFallsPodCast.com- Listen to the market update on you iPod!

www.LuxuryHomesWF.com - Daily email list of the new luxury homes on the market.

www.BishopRealtors.com - All of our office listings.

Good Monday Morning to you.

The Market

As we enter these Summer months, there's no doubt things feel different than they did a year ago. Last year we had one of the biggest June's on record - this of course was a byproduct of the 1st Time and Repeat Buyer tax stimulus for home buyers. Washington said, "buy a home - get $8000"....and EVERYBODY took them up on it.

This summer, we've seen available inventory in the 1st Time Home Buyer range grow to record levels. Essentially, the market borrowed buyers from the future last Summer. People that would have purchased in '11 and '12, took advantage of the tax credit, low rates, and made a great decision doing so. Which is why there are so many homes available in the under $100,000 range. The buyers for this Summer, purchased last Summer.

Last Summer's market was not real. We cannot compare last year's stats to this year and ask, "what are we doing wrong?" So please, don't Judge the market by its Government Stimulus Package.

The Opportunity

Average days on market for homes that SOLD in May was 82. Average day on market for homes that RENTED was 52. Rentals entered and left the market 37% faster than did homes that sold. If you are cash positioned to take advantage of this opportunity to invest, call me ASAP. Don't let this be the Summer that got away. With our current inventory, these investments are making wonderful returns for our clients. Visit www.TheFallsHomeFinder.com.

Other Sites

www.AshtonIsMyHomeBoy.com

www.TheFallsPodCast.com

www.TexomaHomeValue.com

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

Go Mavs.

Good Monday morning to you!

Thought About College Lately?
My financial planner told me this month that 4 years of college at a state school would cost approximately $178,000 for my daughter in 2029. $475,000 for a private institution!!! How am I going to pay for that????? My plan is to purchase 1 investment property a year for her and have renters pay the mortgage. 15 years from now they will be paid and full and I'll sell 1 per year for her to attend the school of her choice. Want to join me in this venture? Email me Ashton@AshtonGustafson.com and I'll share with you my action plan.

What's The Going Rate?
RATES HAVE NEVER BEEN THIS LOW and INVENTORY HAS NEVER BEEN THIS HIGH. And this means opportunity. I saw rates with local lenders this week under 4% on a 15 year note. Incredible. To see how great this opportunity is, see www.ImAHappyBuyer.com.

I am looking to buy - Where do I start?
Simple - www.TheFallsHomeFinder.com. As of today, over 3000 individuals have registered and made this their site for buying a home in North Texas. No other company offers a better web-site to find your next home. Check it out today.

I am looking to sell - Where do I start?
Simple too - www.TexomaHomeValue.com.
Within 48 hours I will have a market analysis to you and will set up a time with you to come preview your home.

Best of luck in all you do this week.

If I can help you or anyone you know, I'm here and ready.

"Leading is a skill, not a gift." Seth Godin

www.TheFallsPodCast.com 

This month's edition covers Greater Wichita Falls real estate market activity and then we'll discuss the art of staging. 

Features special guest Terri Murphy of US Learning. 

Hello!

MSU Back @ Elite 8

Hopefully, by now you know that your MSU Mustangs will be making a back-to back appearance at the NCAA Division II Elite Eight Basketball Tournament.  The tournament is in Springfield, Massachusetts - which is a long way from Wichita Falls!  However, for all you Mustangs fans, the first game will be played on Wednesday (today), March 23 at 11:00 a.m. Central Daylight Time and the game will be available via live stream by going to the MSU athletic web site.  Don’t miss a single play of the game, catch live stats or listen to the game by clicking on the following link, www.msumustangs.com.  It will also be available today at http://www.ncaa.com/liveschedule. Tax Credit Extension

Remember that if you or anyone you know was serving over seas during the Federal Tax Credit for 1st Time and Repeat Buyers, you must be in contract by April 30, 2011 and close by June 30, 2011. Fore details see, http://www.texomahomesource.com/Blog/Military-8000-Credit-Soon-to-Expire.

The Market

Our market continues to move well with the attractive interest rates we have at this time. With over 1500 homes on the market, there is quite a bit of inventory for buyers at this time. Aggressive pricing for sellers and acting fast for buyers has been the formula for success we have seen thus far in 2011.

If we can answer anything for you this week, please let us know.

"We are what we repeatedly do. Excellence, then, is not an act but a habit." Aristotle

American National Bank of Wichita Falls, TX has officially released what it calls the "Easy Fix" Mortgage.

This loan program features:

• Combination purchase, refinance and repair loan for repairs or improvements up to $35,000.00.
• One-time closings.
• Allows purchase of a home in "as-is" condition based on "as improved value"

If you have questions about this loan program of looking to buy a "fixer-upper" in Wichita Falls, contact Ashton Gustafson at 940.691.7355.

For every home available for sale in Wichita Falls, see www.TheFallsHomeFinder.com.