Mike Askins 
Mike Askins' Blog
Talking Collin County Real Estate
There are currently 223 blog entries published by Mike Askins.
Collin County February 2010 Home Closings Up 40% over January 2010 as DFW Housing Market Rebounds Sharply
Wednesday, March 10th, 2010 at 10:36pm. 147 Views, 0 Comments.
We all can use a little good news today and home sales can certainly be that good news if you are a DFW / Collin County home owner wanting to sell. February home closings in Collin County have boomed upwards nearly 40% over January 2010 closings. Home prices have also firmed and in many cases are pushing the upper end of neighborhood comps or creating new high COMPS. The fact is home prices go down and up and right now the economic cycle is pointing up. Comparable Home Values or COMPS are a "rear view" mirror measurement of value that show where we were, but not necessarily where we are going. So in a rising market COMPS act as a counter weight to price increases but do not stop prices from rising, otherwise we all would still be paying $40K for our homes…
PRE-MLS Announcement - West Allen Luxury Model - Be First in Line - 3% ARG Cash Rebate! This one is LOADED!
Wednesday, March 3rd, 2010 at 3:11pm. 377 Views, 0 Comments.
Its hard to get that "Model Home" look in unless of course you actually buy a Model Home! That is one of the reasons Model Homes typically don't last long and are hard to find. Most Model Homes would cost way more to build and deck out then what the builder will accept when they finally sell and that is why buying a model is such a treat, but remember acting sooner than later if you want a chance to buy!
This particular Model Home is NOT in MLS, but YES it is for sale with an estimated closing date of June through August. This particular luxury level 5 Bedroom Model comes with all the modern electronics, fully decked out eat-in 2 tier Media Room with webar, Window Treatments, Refrigerator, Washer and Dryer and First dibbs on Art work, Pool Table and model…
Tax Credit Deadline for New Construction has Now PASSED - What To Do If You Want To Buy NEW?
Monday, March 1st, 2010 at 8:09am. 184 Views, 0 Comments.
I was wondering WHY when the home buyer tax credit extension was passed that someone who knew how the process worked could not have sat down with the legislators so the new deadline to act was based on CONTRACT DATE as opposed to closing date. Well they got it half right. The DEADLINE to contract is April 30th, so if you are looking for a nice preexisting MLS listed home then your last date to contract is 4/30/2010. Now we all get that.
CLOSING DATE FOR NEW CONSTRUCTION HAS PASSED
The April 30th deadline date really does not speak to NEW HOMES that have to be built. This is where CONGRESS should have said - wait! For new construction we will ONLY require a deadline to contract, but NOT to close. Instead the April 30th deadline SHOULD HAVE allowed for ample…
Look What $279K Buys in McKinney! 3300sf Study-Game-Media-LUXURY UPGRADES-Plus 3% ARG Cash Rebate!
Sunday, February 28th, 2010 at 11:24am. 306 Views, 0 Comments.
The photo gallery for this Luxury McKinney New Home says it all! This home as shown can be duplicated for $279K plus a fantastic 3% Cash Rebate ($8,370) when you buy through ARG. And when you consider this new home is Energy Star Certified with blown cellulose insulation, vinyl windows, full energy soffets, radiant barriers, tankless hot water well you have quite an energy profile for low monthly bills!
THIS IS A FEATURE RICH MODERN NEW HOME
Features include handscrapped nail down wood floors, from entry, study, formal dining, halls through Family Room, 20" custom tile floors in kitchen (w/glass inlays) and all wet areas, dream kitchen with Vent-a-Hood built in range, Alder cabinets, granite counters, stainless appliances, Island and Island light, custom…
2276SF West Allen Luxury Home | Perfect Location | Small Community | $275K + 3% Cash Back Rebate!
Saturday, February 20th, 2010 at 7:27pm. 296 Views, 0 Comments.
Looking to downsize? Want a 1 Story Home with an open yet functional floorplan? Wanting to maintain that luxury look plus add Energy Star and Green Built? This luxurious 1 story 3/2.5/2/Study plan might very well be the answer to your search. This builder is bascially unadvertized in this location and subdivision. There are limited lots available, many oversized and the location is so convenient that you will be amazed.
With ARG as your agent I can help you from contract through to closing. My services include a HUGE 3% Buyer Cash Rebate as well as all the traditional agent services. At $275K, ARG will write you a check for $8,250.00!! Why go alone with Realtor support like this?
This small custom W. Allen Village have homes in it that have sold for as much…
Luxurious West Allen New Home Close Out - MASSIVE YARD - 4100+ SF - 8 Ft Fence - 3% Cash Rebate - REDUCED $65K / OFFER JUST $429,900
Friday, February 19th, 2010 at 4:37pm. 300 Views, 0 Comments.
Location, could not be better. Going to DFW Airport? No problem. Heading down to a Mavs game, Still no problem! Parks, Shopping, Schools, Golf, Entertainment, Fitness surrounds this .4 Acre GEM! Fact is THIS RED HOT DEAL WON'T LAST!
With rates still low, tax credits still available PLUS ARG's Massive $12,750 Dollar Cash Rebate you can walk away with many thousands of dollars of additional savings. aT $429k you are buying a GREAT BUY!
New Homes are disappearing FAST so if you are interested in a brand new Energy Star Certified new home ARG can help you work your best sales price plus add our wonderful agent rebate. Now may very well be the last of the low low interest rates.
VISIT NEW HOME PHOTO GALLERY
Buying New, Worried About Interest Rates? Have You Visited Drees Homes Around Dallas Lately?
Friday, February 19th, 2010 at 2:01pm. 216 Views, 0 Comments.
The Federal Reserve is now signaling a rise in future mortgage rates. This is bad news for many whose budget won't stretch to accomodate rising rates.
If your are considering a new home builder, Drees Homes offers interest rate protection and special below market mortgage rates on completed inventory.
Drees Freeze is designed to protect buyers who are building new homes for a period of 200 days. Once you freeze your rate, you are protected regardless of increases that may occur during construction.
DREES ENERGY PACKAGES GENERALLY INCLUDE
- 16 Seer Lennox Signature Series
- Radiant Barrier
- R-40 Attic Insulation
- 2-stage Variable Speed HVAC
- Hardiplank Vented Soffits (keeps the attic cool)
- Oversized 23 Inch Attic Vents
- Attic Baffles Above the Soffits
- Encased Steel Cabinet…
Fed Raises Interest Rates Charged to Banks by .25 Percent, First Rate Increase Since 2008
Friday, February 19th, 2010 at 12:30pm. 123 Views, 0 Comments.
The Federal Reserve, taking its first step to return lending to normal after more than two years of extraordinary actions to prop up the economy, on Thursday raised its discount rate -- the interest rate it charges on emergency loans to banks -- by one-quarter percentage point.
The increase, to 0.75 percent from 0.50 percent, takes effect on Friday. Officials said the move was not meant to be a broad tightening of credit. Rather, they said, it was intended to discourage emergency borrowing when other financing is available to banks. The discount rate had been at 0.50 percent since December 2008.
Report Source - New York Times - http://www.nytimes.com/2010/02/19/business/19fed.html
Rate increases are already being reflected in mortgage rate quotes today. If…
ARG Adds Real Time Property Tax Rates to Mortgage Calculator For Accurate Payment Calculations
Thursday, February 11th, 2010 at 3:51pm. 227 Views, 0 Comments.
In our efforts to constantly improve the quality of our website ARG has incorporated "Real Time" property tax amounts to our Mortgage Calculators so you can more closely view your actual monthly house payment. This feature, based upon 2009 Tax Rates is enabled currently for COLLIN COUNTY LISTINGS, as well as surrounding areas like Carrollton, The Colony, and Little Elm. For all other areas tax rates will be defaulted at 2.5%.
To view current tax rates please visit DFW TAX RATES.
Global Warming Visits McKinney Yet AGAIN! Please re-visit this webpage OFTEN in July!
Thursday, February 11th, 2010 at 9:11am. 207 Views, 1 Comments.
This is no surprise if you live here, it is snowing once again. For sure this winter has been the coldest in recent memory. To all you fine folks in the Mid-Atlantic area who are seeking to get below the snow line, well for today you might want to focus on Austin! Check back in a month and I'll have some pretty Spring Pictures and when the Mercury hits 100F this summer, you might want to revisit this snowy McKinney scene!
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