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Blog mortgage interest rates February 4, 2012 for Allen, Frisco, McKinney, Plano and other North Dallas Suburbs

Robert Lerner-Allen,Frisco,McKinney,Plano homes: Real Estate Agent in Plano, TX

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Mobile: (972) 979-0662

Time Period	U.S. Average for
	30 Year Mortgage Rates

Week of February 2, 2012	3.87%
Week of January 26, 2012	3.98%
Week of January 19, 2012	3.88%

The above interest rate information was obtained from www.freddiemac.com .

If you are curious how much your home is worth, then please visit

www.robertlerner.com/free_mkt-analysis.htm

To search the MLS computer for homes currently on the market, please visit
http://www.robertlerner.com/cgi-bin/links/ybf.cgi?url==http://www.mlsfinder.com/tx_ntreis/robertlerner/index.cfm?action=newsearch&searchtype=city

I look forward to hearing from you.

Robert Lerner

Full-time Realtor since 1993

RE/MAX Premier Properties

2100 Dallas Parkway #102

Plano, Texas 75093

Cell: 972-979-0662

Website: www.RobertLerner.com

Email: Robert@RobertLerner.com

Blog: www.AllAboutNorthTexas.com

Blog mortgage interest rates February 4, 2012 for Allen, Frisco, McKinney, Plano and other North Dallas Suburbs

Gina Branch Selected as a 2012 Five Star Real Estate Agent

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Office: (214) 227-6626 x111

We are pleased to announce that Gina Branch was selected as a 2012 Five Star Real Estate Agent.

Texas Monthly partnered with Five Star Professional to identify the real estate agents in the Dallas Fort Worth area who provide exceptional service and overall satisfaction as indicated by clients, peers and industry experts. The 2012 Five Star Real Estate Agents are a select group of fewer than 7 percent of all real estate agents in the Dallas Fort Worth area.

Originally posted at http://www.thebranchteam.com/wordpress/2012/02/03/gina-branch-selected-as-a-2012-five-star-real-estate-agent/

Crime Watch Bulletin for Ridgeview Ranch

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Office: (214) 227-6626 x111

OFFENSE NUMBER: 2012-12685

OFFENSE TYPE: Suspicious Person

LOCATION/STREET: Daly Drive (Independence Pkwy/Ridgeview Dr, Mapsco 557D)

BLOCK NUMBER: 9400

DATE: 1/14/12 (Saturday) TIME: Between 12:00pm-2:00pm

DESCRIPTION: The victim was a 10 year old juvenile riding her bicycle with another juvenile female. The two were approached by the suspect who was in his car in the 9400 block of Daly Drive. The suspect asked the girls to come on over to his car. The girls refused and the vehicle drove away only to return two other times. The suspect never got out of his car. The victim’s parents reported the event only after they heard of a similar incident that had happened a few weeks ago.

SUSPECT INFORMATION: White male in his 30’s with dark brown hair and a brown goatee.

VEHICLE INFORMATION: Newer silver colored four door vehicle

Source: Plano Police Department via the Ridgeview Ranch HOA

Originally posted at http://www.thebranchteam.com/wordpress/2012/02/01/crime-watch-bulletin-for-ridgeview-ranch/

Where Have All the Sellers Gone?

Jerry Van Pelt: Real Estate Agent in Plano, TX

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Office: (972) 596-9100

Mobile: (214) 952-4500

I have buyers who cannot find homes to purchase. They have bid on homes in Plano, Wylie, Allen and other cities and have been outbid by full price offers. This seems to be true for resales and foreclosures.

One of my buyers purchased a townhome and the sellers are now in an apartment as they cannot find a home to buy. What they see is a few overpriced homes that just sit there.

I have published the listing and sales statistics for Collin County on my web site. There you can see that listings dropped over ten percent in one month and have dropped much more than that over several months. Compared to Q4 of 2010, listings are still down.

What will it take to get more listings? The problem still seems to be unrealistic price expectations of potential sellers. Most are not motivated to sell and prefer to sit on the sidelines until prices improve. One of my potential listings was looking for a 30% increase in the price of a home they bought here in 2009 (a foreclosure that they got a pretty good price on when I worked with them at the time.)

What might start to motivate some could be an improving economy that causes sellers to relocate or get motivated in some other way.

report

J.D. Power and Associates Awards

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Office: (214) 227-6626 x111

We had the opportunity to have our picture taken holding RE/MAX's 2011 J.D. Power & Associates awards at the RE/MAX of Texas Convention held in Galveston, Texas.

For more information on these awards visit the J.D. Power and Associate Awards page at remax.com.