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Articles and news on Texas Real Estate. Texas Real Estate news which affect Texas property buyers. News from the State's own legislators on Texas property regulations and news on Texas Real Estate and Texas Realtors and how they are affected by new legislation. Updated every week this is the one-stop shop for Texas Real Estate news.
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Written by Patrick Cotter
According to the National Association of REALTORS®,
over 77% of people start their search for a new home on the Internet.
Other reports indicate that over 70% of the people looking to buy or sell a
home also look for a real estate agent first on the Internet. This fact
has drastic implications for agents everywhere.
Industry experts say that for service providers like real estate agents, those
who ignore their online presence put themselves at risk of losing business,
while those who proactively stay on top of their web presence significantly increase
their chances of gaining more business.
Many agents have started to make it standard practice to put up a web page
about themselves and their services. Yet homepages can lack the kind of traffic
needed to be an effective means of advertising. While Google and Yahoo are two examples of where most people think to go
and look for information, there are a number of alternative sites that are proving
to be just as popular.
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Texas Real Estate still thrives despite recessionary fears |
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A very recent report by the Institute of Supply Management said that
activity in the service sector in the US declined for the first time in
nearly five years. This report also indicated that employers are
cutting staff.
The survey covers the retail, transportation and health care industries
as well as hard hit areas such as finance, real estate and
construction. This has supplied fresh fuel for the raging debate about
whether the economy is heading towards a recession or a severe economic
slow down.
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Texas Real Estate – how to find the Texas property you want |
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When it comes to buying some quality Texas Real Estate the question is,
always, just where do you start to look and how do you go about finding
the right property for you? Texas Real Estate magazine has become the
perfect starting point for finding the kind of Texas property you are
looking for.
For a start our online magazine is divided into different easy to understand sections:
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Five Year freeze on mortgages does not go far enough |
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The five-year freeze on mortgage interest rates
recently announced by the federal government may be intended to help
responsible homeowners avoid foreclosure, but a noted economist with
the Real Estate Center at Texas A&M University says there may be a
better solution to the mortgage crisis.
The economist, Dr Mark Dotzour, has recently evaluated the proposed
bail plan by the existing White House administration which is designed
to help home owners facing foreclosure and has noted two things which
appear to make no real sense and weaken the case for government
intervention: First, the plan really only helps those who are best
situated to get out of trouble themselves in the first place.
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Texas Real Estate market slump at end as global credit crunch eases up |
Without a doubt 2007 saw some of the toughest moments in the Texas Real
Estate market with Realtors out of Oklahoma Real Estate as well as the
real estate areas of the Texas Hill Country, West Texas and Central
Texas reporting a slump in sales as sellers became cautious, banks cut
back on their lending and Texas real estate suffered exactly the same
fate as the rest of the country but to a far lesser degree.
The crisis caused in real estate by the spate of foreclosures we have
seen caused by the sub-prime mortgage market looks set to come to an
end with the help of five global banks which will each pump upwards of
$20bn each according to a BBC report which will provide a much needed $600bn cash injection in the currently slow mortgage lending market.
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Texas Real Estate News
