How do most people tell when the Dallas real estate market was reached bottom? How do most people know when the top of the market has been reached? Usually it is by looking back and saying "Oh, I wish I had Bought.... Sold back then!" We may be reaching the bottom of the current real estate marke
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04/06/2009
The mortgage interest Dallas homeowners pay is a deduction on their income tax. But there are other tax deductions you can take on your principal residence or second home, such as property taxes, and in some cases, for Private Mortgage Insurance. Read 2008 guideline from Turbo Tax: You can deduct
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04/02/2009
One man's loss is another man's gain and right now buyer's have everything to gain. It was only a few short years ago that sellers were in controlled the market and were calling the shots. In order to buy a home, buyers were paying over the asking price, they were foregoing home inspections and p
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03/30/2009
Many consumers today are understandably worried about their nest egg. For many of them, however, their "nest" is the best investment they can make. Not only does owning a Dallas home help people build long-term wealth, but also it provides shelter and security for their families and fosters invol
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03/10/2009
If you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a Dallas short sale. A short sale is one where the net proceeds from the sale won't cover your total mortgage obligation an
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03/09/2009
Buying a Dallas home is both exciting and terrifying. With Dallas home prices the lowest they have been in years, historically low interest rates, and an $8000 tax credit available to first-time Dallas home buyers, now is an great time to buy a home. Here are 10 steps to help your prepare for Dal
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03/03/2009
Spring is coming! If you are thinking of selling your Dallas home this spring, now is the time to start getting ready to sell. Below are 5 things to do before putting the ‘For Sale' sign in the yard: 1. Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. A
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02/28/2009
Should I move up to a larger Dallas home is a question many Dallas homeowners are asking. The questions below will help you decide whether you're ready for a home that's larger or in a more desirable location. 1. Have you built substantial equity in your current home? If you have owned your Da
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02/25/2009
Dallas Real Estate 2008 Real Estate Statistics 2006 Dallas Real Estate Statistics Number of Sales: 64,226Average Sales Price: $207,400Median Sales Price: $156,900Months of Inventory: 5.6 2007 Dallas Real Estate Statistics Number of Sales: 59,695Average Sales Price: $216,700Median Sales Price:
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02/23/2009
One man's loss is another man's gain. This is the case with Dallas home buyers who are interested in buying a home built by luxury home builder Toll Brothers. Recently, Toll Brothers started offering a 3.99 percent fixed-rate mortgage for loans $417,000 or below for 30 years with no points.This r
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02/17/2009