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Let Blue Star Appraisals Help Give You Confidence in Your Investment Decisions Even if you are working with a realtor - and the ones we work with are all highly competent and very good at their jobs - looking at a property through the well-trained eyes of an unbiased third party (whose payment is not contingent on the outcome) can be the difference between investment success and financial failure. Blue Star Appraisals of Dallas can help you make the right investment decisions. Of course, the best way to ascertain the correct value on which to base an offer is to order a full appraisal, but sometimes you just need someone to be your eyes and do the leg work. Some of our other fee services include:
If you are investing in residential real estate for the first time, or even if you're already a successful investor - good for you, your timing couldn't be better! With foreclosures up, demand down and prices dropping, now is a great time to invest in real estate. According to Homevestor, the We Buy Ugly Houses folks, Dallas was the top city for real estate investing in the 2nd quarter of 2008 (The Real Estate Bloggers, July 2008). The same source (in 11/2008) named Dallas/Fort Worth at the end of their list of "Top 15 Cities Where You Will Make Money in Real Estate in 2 Years." Our appraisers have over a decade's worth of experience and data analysis in the Dallas/Fort Worth area. Put our expertise to work for you as you make one of the most important financial decisions of your life. Call Blue Star Appraisals today, at (972) 387-8163, or email us to learn more about our services for investors. Blue Star Appraisals Inc. offers home appraisals in Dallas, Fort Worth, Plano, McKinney, Denton, Flower Mound, Lewisville, Southlake, Frisco, Waxahachie, Kaufman, Midlothian, Mansfield, and most other cities and towns within approximately a 130 mile radius of Dallas. If you are a homeowner, seller, buyer or investor interested in a residential appraisal please contact us to help you select the appropriate appraisal product for your property. Homeowners can use appraisals to remove PMI, contest property taxes, arrive at a sale price in anticipation of listing, or in advance of remodeling. Call Blue Star Appraisals Inc. today to consult with an appraiser. We look forward to hearing from you! |
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| Rates Glide Gently to New 2-Month Lows | ||
| 11/28/2023 2:52 PM | ||
| The trend in rates has been very linear in the 2nd half of the month and the day-to-day changes have been getting smaller and smaller. On 5 of the last 6 business days, the average 30yr fixed rate has moved by less than 0.02% by the end of the day. Conveniently, most of the gentle moves have been in a friendly direction. With rates already a...Read More | ||
| Bonds Surprisingly Willing to Rally on Fed Comments | ||
| 11/28/2023 2:38 PM | ||
| Bonds Surprisingly Willing to Rally on Fed Comments The only notable market mover for bonds was a rather basic and obvious comment by Fed"s Waller. In not so many words, he said that there"s a good argument for the Fed to cut rates if inflation keeps falling for several more months. That puts a ...Read More | ||
| Big Fat Nothing Burger With a Side of Fed-Speak | ||
| 11/28/2023 2:24 PM | ||
| The tedium that is the 2nd half of November continues to underwhelm. Specifically, we"re in a lull between CPI 2 weeks ago and Nonfarm Payrolls next week. These are the big data points that will offer clarity for the musings that are creating small-scale volatility in a narrow range. What musings are those? Today"s most significant exam...Read More | ||
| $766,550 is The New Conforming Loan Limit For 2024 | ||
| 11/28/2023 11:45 AM | ||
| If you"re just here for the conforming loan limit news, $766,550 is the number for 2024. Does this mean no one can get a mortgage for more than $766,550? No. The conforming loan limit is the maximum amount that can be guaranteed by Fannie Mae and Freddie Mac (the government-sponsored enterprises or GSEs). That guara...Read More | ||
| Home Prices Still Rising More Than Expected. Loan Limits to Follow | ||
| 11/28/2023 11:02 AM | ||
| Today brings the release of the two main home price indices (HPIs) for the month of September (yeah, there"s a bit of a lag). The S&P Case Shiller HPI rose to prominence in the run up to the financial crisis (back then it was just Case Shiller), and has been a mainstay of home price tracking ever since. While there is a natio...Read More | ||
| Hedging, TPO Marketing, AI Underwriting, Encompass Tools; FHA and USDA News; STRATMOR on Lessons Learned | ||
| 11/28/2023 9:09 AM | ||
| While we await the release of the changes in the official conforming loan limits later today (many lenders and MI companies went to $750k in October, the CLL will probably increase around 6 percent for 2024 to around $770,000, and to $1,155,000 for high cost areas), both vendors and lenders continue with changes, instituting workweek reductions, fu...Read More | ||
| Mortgage Rates Undo Any Potential Damage From Last Friday | ||
| 11/27/2023 2:23 PM | ||
| Thanksgiving week is always an interesting (and frequently frustrating) time for the bond market that underlies day to day interest rate changes. Markets are traded by humans, even in cases where humans are programing machines to do the trading, and human participation dwindles on certain holiday weeks. As participation decreases, trading le...Read More | ||
| Back Near Best Levels After Solid Auction Results | ||
| 11/27/2023 2:20 PM | ||
| Back Near Best Levels After Solid Auction Results For those who"d been watching bond markets on Friday"s half day, it was perhaps slightly disconcerting to see a week"s worth of gains quickly erased. And while there was no guarantee that "whatever happens on the Friday after Thanksgiving can easily UN...Read More | ||
| New Home Sales Below Trend But Still Outperforming Existing Homes | ||
| 11/27/2023 1:48 PM | ||
| The Census Bureau released the monthly New Home Sales report today, showing a decrease from 719k in September (revised down from 759k initially reported) to 679k in October. While this number is below the long term trend that emerged after the Great Financial Crisis, it"s still in league with the pre-covid highs. The post-covid story for t...Read More | ||
| SVP Production, Accounting, AE, Appraisal Jobs; Credit, Broker, LOS Products; Disaster Updates | ||
| 11/27/2023 10:16 AM | ||
| The mortgage industry does not move in unison, unlike some groups. (You’ll need sound.) But consistency is important. For example, Starbucks fans can be pretty much assured that the water that goes into the coffee, regardless of location around the world, will taste the same due to the filtration process, and brew a uniform product. Can you say the...Read More | ||