Thursday, July 22, 2010

FIGHT BACK AGAINST MOSQUITOS!!

Home-brew Mosquito Spray

Losing the battle? Spray around your home with this non-toxic, bio-degradable spray for gardens, weeds and standing water areas.

How do I know it works – it comes from Mr. Know-It-All: Raymon McCabe.

1 8 oz lemon scented liquid dishwashing soap

1 8 oz baby oil

1 Cup of Windex

1 Gal distilled water

Combine soap and oil and then add water and Windex.

Friday, July 9, 2010

Amarillo Area Housing Report - 2nd Quarter 2010

AMARILLO AREA HOUSING REPORT
JANUARY – JUNE 2010
(Single family homes)

2009 2010 % Change

Number of Closed Sales: 1241 1337 7.1%

Sales Volume: $175,493,580 $187,948,285 7.7%

Average Sales Price: $142,446 $141,955 <0.3%>

Single Family Homes for Sale: 1490 1559 5.0%

Average Days on Market: 97 105 8.2%


Condo - listed as of 6/30/2010: 42
Average list price: $142,344

Condo – sold y-t-d: 34
Median sold price: $121,402

Average mortgage interest rate for
30 year fixed-rate (as of 6/30/10): 4.875%

Thursday, June 17, 2010

Tax Credit Processing Extended

Up to 180,000 buyers who met the contract deadline of April 30 were in risk of not being able to close their loans by July 1. The Senate voted to extend the closing deadline to Sep 30th.

'Safe Act'

Implementation of federal legislation known as the SAFE Act would have made several changes to sellers that offer financing to prospective buyers. At the urging of REALTORS, the commissioner of the Texas Dept of Savings and Mortgage Lending, has taken significant steps to allow Texas property owners to continue to seller finance up to five transactions in a 12-month period.

Monday, May 17, 2010

Even lower mortgage rates

Not to be left out, all buyers have very low mortgage rates available. These rates are near 5% for a 30 year, fixed-rate mortgage.

Tax Credits produced a busy market

With the Federal Stimulus tax credits for first-time buyers and repeat buyers owning a home for 5 years created strong actvity through April 30th (2010). Those buyers must have their property sales closed by July 1, 2010.