A 3day Immersion in Keller Williams Rea Estate Practices

The past 3 days of 10000 real estate agents in Austin at Keller Williams MegaAgent Camp were exciting,fun, exhausting, and full of great information to help agents be the best that they can be! We began at 7:30 each morning and we had great energizing music to rev us up for the first session.

I will be posting several ideas in the next 5 blogs and whether or not you have a real estate career, you will gain some great ideas. Look for the next post tomorrow.

Fort Worth Real Estate Outlook.....Do you know???????????

Did you know that the real estate outlook here in the Fort Worth area which includes Tarrant Cty, Bedford, Hurst, North Richland Hills, Keller, Haslet, Colleyville, Saginaw, Southlake, Arlington, Mansfield, Grapevine, Euless, Eagle Mountain Lake, Aledo, ....and many other small communities..........

is ACTUALLY pretty good! 

After attending a Fall real estate forecast meeting on Wednesday, I felt like things are darn good here in our area....which reminds me that our Greater Fort Worth Board of Realtors adopted the saying;
"Thank God it's Fort Worth!".......and that has proven true.

Now...with that beginning, here is the situation.  While many states were increasing their values by 40 to 100 per cent annually.........Fort Worth and our "neck of the woods" was just clipping along at a snails pace.........never gaining too much, but also not falling too much....As as you may know by now, even within a city or county, there are places that do better than others....due to location, quaility, size of the properties, the schools, etc.

Yes, we have had a lot of foreclosures..........and again those have been more concentrated in specific areas.............and those areas were and are hit with lower valids...because a foreclosure does have an effect on the house next door and the area's comparables.

This new listing that I began marketing on Monday, Sept. 12 is a great family home. The area has has a few foreclosures and the values have been effected somewhat, but on this street...Long Rifle, there have been very few, and the homes are well maintained and there is a park at the end of the street.

With great schools nearby, this seller should have a successful sale in a short time.

The biggest thing to remember is to talk with a knowledgeable agent and discuss the outcome that you want.  Perhaps your home will bring a price that you want, or perhaps you will be able to get a really good buy on where you are moving.  There is more to real estate than the price!

Please call me to discuss your specific questions and any concerns that you may have about buying or selling in Tarrant County.

Fort Worth Real Estate: How's the market?.....Pay attention.

Everyday I visit with people in shops, having coffee, getting my hair done, or at actual buyer and seller appoinments and there is one major question that they have.  "What is the real estate market doing in our area?"

That question cannot be answered with a few words or a simple word. It requires discussion about the particular area that they are interested in knowing about.  More than even a general area, it requires discussing the description of the homes in an area and sometimes even more details to really know how to approach answering their question.

With 20% of our national economy in real estate, this is an important topic.  This question gets very personal and very local with each person.  In other words, it is not a "global" question.....it is a "local" down to the specifics of "my own neighborhood and my own home".  What is more important than your home to you....only one thing...your family....right?

Just yesterday I met with a lovely couple who are listing their home with me and also purchasing another one locally.  I have already supplied them with information about the market for their home and also information about the area where they want to purchase.  They asked a very good question:
"Why is the price per sq. ft. for the homes where we want to buy so much higher than the price per sq. foot of our home that we are selling?"  Great question.....and it illustrates exactly my point.


Homes are differenct depending on the age, area, size, neighborhood, and design................this home to the right, which is a newer home, would not be a good comparison to the older Vintage home below.

The homes they are considering to purchase are in an area with a little acerage, they construction is much higher quality, and there have been very few, if any foreclosures in that area.  The home they are selling is a nice starter home in a great neighborhood on a small lot, and with homes that are more the "tract home types" that first time owners are normally interested in buying.  While both where they are selling and where they want to buy are great areas...........they are just different.  Just like a 10 year old car in great condition, but still not a newer, more plush model.

This point is easily shown when I shar a market analysis with my clients.  I hope this is good information for you as well.  My next blog will talk about appraisals in our area.  I hope you will check back and sign up to be a follower.

End of Summer...........School Starts.....Now What?

The carpool lines have begun and Fort Worth kids are back in school!  With triple digit thermometer readings still in the forecast for days....maybe weeks to come, what about real estate? 

I am here to tell you that Fort Worth area real estate is continuing to fair well.  When buyers and sellers who are motivated communicate, homes get bought and sold! Interest rates are still so low it is unbelievable...and word to the wise.....do it...get a loan...buy a home.  This is still a fabulous opportunity for First Time Homebuyers to purchase!  Low, Low interest rates keep it so great to buy, that I cannot understand leasing a property when the rates are much hight to lease than to purchase.

Yes, I know there are circumstances for leasing.....but just put it on your list of things to do....BUY REAL ESTATE WHILE THIS opportunity exisits.  People from other countries who have never had the opportunity to purchase in their country of origin, are buying if they can....and as fast as they can.

What about neighborhoods where there are good buys?
Here are a few zipcodes that I recommend for a great buy!
76131, 76120, 76244, 76116, 76108,  Yes there have been foreclosed homes in those areas...and that is why they are great buys!  If you will be in a home for 5 years or more, the neighborhood will most likely be stablized in that time frame and you will have accrued value and equity. 

If you can afford to purchase in 76107 or 76109, you will still find great buys........these are and have been stabile neighborhoods for the past 25 years and most likely will be stabile for the next many years to come. 

My job and pleasure as a Fort Worth area real estate agent is to know and share the information that I have.  I am a people person and I want to answer any question that you may have...

One more time, I must say, "Thank Goodness it's Fort Worth!"

Tarrant County Foreclosures...What to Do if YOU are in Trouble!!!

Fort Worth, Texas is one of the best places in the country to live and yet we have large numbers of people who either are in Foreclosure or will be in Foreclosure soon if they fail to act.  These are the facts...and this is very important information for you, Tarrant County, Fort Worth homeowner in Trouble!!!!

Note:  #1  YOU DO NOT WANT FORECLOSURE.  It has a longterm effect on your credit. It will always show up on your credit reports and it will be many, many years before you can purchase a home again.
Note: #2   YOU have a very good option at hand..........BUT, if you do not talk with an agent who really knows what to do...you may not be able to avoid FORECLOSURE.

SHORT SALE is the possible solution that will only "ding" your credit for a short time.  This is by far the best alternative.  Are there consequences?  Yes, but they are short term by comparison to Bankruptcy and/or Foreclosure.

This is a lovely home that is being sold as a Short Sale.
It is on an oversized lot and has over 2000 sq. ft....Very nice in a nice neighborhood.  The subdivision has had more short sales than regular sales due to the declining market and buyers that bought with $0 down payments and could not continue to make payments later. 

If you are in trouble and need information about a Tarrant County Short Sale.......Please contact me right away.  I am available for consultation by appointment at no obligation.  Call me to set a time. 817 920-7700/DiAnne Arnette Keller Williams Fort Worth

YOU WANT TO LIVE IN DALLAS/FORT WORTH: Preview "5205 BUGLE LANE---Houses for Sale in Colleyville........AFFORDABLE?....OH YEAH!!!!!"

YOU WANT TO LIVE IN DALLAS/FORT WORTH: Preview "5205 BUGLE LANE---Houses for Sale in Colleyville........AFFORDABLE?....OH YEAH!!!!!"

SPRING HAS SPRUNG IN FORT WORTH, TEXAS

Today, we know it is Spring in Fort Worth, Texas because it is a warm 80 degrees, a little windy, and we have a chance of thunderstorms for the late afternoon.  That is a description of what Spring in North Central Texas is like..........we all complain a bit about the wind, but we are happy that Spring has sprung.

http://tour.previsite.com/421C86EC-B0D9-656B-DD23-D15ED6D9AD0F  see the virtual tour for the home below.

 WE have beautiful homes on the market such as the one pictured and also with it's Virtual Tour.....I have lots of homes that most would love, giving the charm of Fort Worth and the arts district..........you can see any home and search the MLS from my website:
http://www.justlistedhousesinfortworth.com/

If the homes were not enough to encourage you to move to Fort Worth...........we have the Botanic Gardens which are so gorgeous at all times of the year.  Since I love to photograph, I am always dropping by the gardens and snapping a few photos to use in my blogs and in marketing homes and the area.

Who wouldn't enjoy a stroll through these gardens.......

There are many activities that teach children about plants and insects ..........I encourage you to bring your children here and let them begin to enjoy what nature has to offer.

Remember, if you are needing to buy or sell real estate.....Real Estate is my business and I love to meet and work with anyone who wants information about our market here in Fort Worth.

Fort Worth is listed as one of the top cities desired.
Call me and see for yourself.

DiAnne Arnette.......817 920-7700    Keller Williams Realty