Tag Archives: interest rates

New Home Construction, EB-5 Visa Program, Best Business Franchise

 

 

The best compliment you can give us is a referral to your family & friends

www.dreamcastlerealty.com

BALGOVIND PANDEY / BHARTI MISHRA

Email: govind.smarthomes@gmail.com

Phone : 940-231-3059/510-364-8072

Web : https://www.dreamcastlerealty.com

The best Investment on Earth Is Earth – Louis Glickman

June 2018 Vol 201806 -01

 

Spring Maintenance List

Time to tune in your HVAC

Have a qualified heating and cooling contractor clean and service the outside unit of the air conditioning system

Check your roof and Gutters

Clean up your gutters for any fall and winter debris. Check your roof to inspect any missing shingles

Check your Lawn Watering Schedule

Time to turn on those sprinklers and check your lawn watering schedules and adjust them

Check for any broken sprinker heads and replace those

Clean up your windows and screen

Time to get those windows and screens dusted up

Residential Construction down in May

Dallas morning news – New nonresidential construction projects fell by 73 percent from a year ago. Residential building dropped 10 percent. 

Last month a total of $1.5 billion in new construction projects ​were recorded in DFW compared with $2.8 million in May 2017.

So far t​his year, local nonresidential construction activity​​​ is down by more than a third. Residential building is down 4 percent. 

 

EB5 visa program attracts huge Real Estate investment

Realdeal: Across the board Chinese, Indian Investors are leveraging EB-5 visa program to invest million in American Real estate development programs as a way to finance their American dream

TSX Broadway, massive Times Square hotel-and-retail redevelopment is expected to be worth nearly $4.2 billion by 2023, Maefield Development, Fortress Investment Group and L&L Holding Company plan to close the Palace Theatre and the DoubleTree hotel at the site on Sept. 15 to begin demolition and construction

The developers are raising a $300 million fund for construction through the EB-5 visa program

 

Paycom software relocates Texas operation to Grapevine

Rebusiness Online Paycom Software Inc., an Oklahoma City-based provider of payroll and human resources software, will relocate its Texas operations center to Grapevine, a northern suburb of the Dallas-Fort Worth (DFW) metroplex. The company will occupy a 14-acre site on which a new office building is being developed, with plans to expand in the coming years

 

Best Business Franchise

If you are looking for a franchise – Chick-fil-A is the fastest growing franchise

Bisnow: The Average Franchise of the chicken company saw $4.4M in sales in 2016 the next chain Panera Bread and Whataburger were at 2.7M

 

 

 

India’s central bank has hiked interest rates for the first time in over four years amid worries over rising prices.

India’s central bank has hiked interest rates for the first time in over four years amid worries over rising prices.

 

Fed to raise Rates Again

With unemployment at the lowest level at 3.8% since 1969 and wages rising rapidly. Fed is worried about inflation and may raise rates again for the second time.

 

If you have a Family member, Friend looking to Buy/Sell Real Estate we will be glad to help.

 

 

Is this the best time to invest in Single Family ?, Demand for Industrial space, All you need to know about Foundation Repairs

 

 

 

The best compliment you can give us is a referral to your family & friends

www.dreamcastlerealty.com

BALGOVIND PANDEY / BHARTI MISHRA

Email: govind.smarthomes@gmail.com

Phone : 510-364-8072 /940-231-3059

Web : https://www.dreamcastlerealty.com

The best Investment on Earth Is Earth – Louis Glickman

OCT 2018 Vol 201810 -01

 

Fall Maintenance List

Clean Gutters

Fall is a good time to clean your gutter after the leaves have fallen from the tree especially if you live in a snow zone

With heating on and Furnaces running its a good time to check and replace your smoke detector batteries

Sprinkler setting

You Lawn may still need water in fall it may not need as much as peak summer. Please check and adjust your sprinkler setting. Don’t forget to winterize your sprinkler systems

Winter proof your windows and doors

If you live in cold temperatures make sure to caulk your windows and check the weather strip at door to save on heating cost

Grills and Drain hoses

Clean Cover and winterize your grills and out away the drain hoses

HVAC

Change filter to your HVAC and add some bleach to the drains to clean up any Algae Build up

Fireplace and Chimney

Make sure to get your chimney cleaned if you use it. Stock up on firewood if you use a wood burning fire place. Clean up Gas value for any dirt and debris to get it ready for winter for gas fire places

Fed Signals Drop in interest for now

Federal Reserve signaled that its march toward higher interest rates may be ending sooner than expected. The Fed’s chairman, Jerome H. Powell, said economic growth remained “solid” and the central bank expected growth to continue.

In a sharp reversal of the Fed’s stance just six week ago, Mr. Powell said the Fed had “the luxury of patience” in deciding whether to raise rates again.

Slowing growth in Europe and China has made a strong case for the halt in interest rates.

 

Drop in existing home sales have been a boon for Investors after months of increases

After two consecutive months of increases, existing-home sales declined nationally in December, according to the National Association of Realtors. None of the four major U.S. regions saw a gain in sales activity last month.

Total existing-home sales decreased 6.4 percent from November to a seasonally adjusted rate of 4.99 million in December. Sales are now down 10.3 percent from a year ago.

NAR Chief Economist Lawrence Yun says current housing numbers are partly a result of higher interest rates during much of 2018.

 

 

According to National Real Estate Investor Retail-to-Industrial Conversions Are Gaining Traction

With growth on ecommerce and increasing needs for real-estate investors focused on other property types are shifting toward industrial real estate, notes Ross Litkenhous, Washington, D.C.-based global head of business development at the Toronto-based Altus Group, a global provider of commercial real estate software, data solutions and advisory services.  Link to full report

 

Dallas & Austin among the best performing cities according to Milken Institute’s annual survey 

Austin took third place in the analysis, up six spots from last year. Dallas dropped two spots to fifth. Here are the rest of the cities

  1. Provo-Orem, Utah
  2. San Jose-Sunnyvale-Santa Clara, Calif
  3. Austin, Texas
  4. San Francisco-Redwood City-South San Francisco, Calif
  5. Dallas, Texas
  6. Raleigh, N.C

 

5 Things Buyers and Sellers Need to Know about Foundation Repair. This is a Guest Post by Granite Foundation Repair

Literally speaking, the foundation is the base of your home. It’s the load-bearing portion of the house that supports everything above it. When it’s strong, you can rest assured that your home will last for generations to come.

But when it’s weak, a myriad of many things can plague your home. Cracks could appear on your walls, foundations and/or floor. The roof could sag or bow. The floor could appear uneven. At the very worst, your home could come crumbling down.

As a buyer or seller, there are important things you should know about foundation repairs. Knowing them will help you make an informed decision on whether or not to proceed with the sale or purchase.

1. The foundation problems could run deep.

When it comes to foundation issues, even problems that don’t appear significant can quickly become serious headaches. That’s why it pays to take even the “small” issues seriously. Underestimating them could prove to be disastrous.

Cracks, for example, might look minor. However, some could be deceptive as they could be hiding significant issues that aren’t as obvious.

The only way to know exactly what is happening with your foundation is to hire a foundation repair expert. The expert will be able to determine the cause of the problem, explain how the problem occurred, and provide different solutions to the problem.

Now, you don’t have to be an expert to spot signs of foundation damage. So when viewing the property, make sure you check for things like:

  • Cracks on the floor, walls, and/or foundation. Cracks usually occur when foundations move.
  • The house appearing to be settling into the ground. You may also notice that doors and windows aren’t functioning as they should.
  • The concrete slab foundation appearing to move in an upward direction. This is what experts refer to as foundation heaving. This problem is generally common in areas that have poor soil conditions like Texas.
  • Floors appearing to be bowing, dipping, or sagging. This is also a telltale sign of foundation movement.
  • Cabinets and counters separating from the wall. When foundations move, counters, cabinets and lots of other things also tend to become out of level as well.
2. Repairing foundation problems doesn’t come cheap.

You can only estimate the cost of foundation repairs after you have known exactly what you are dealing with. Hairline cracks resulting from normal settling can usually be patched up quite inexpensively.

However, if the problem involves major foundation issues, then the costs can run the gamut. According to experts over at Granite Foundation Repair, the costs can go north of $15,000.

3. Repairing foundation problems isn’t a DIY project

Buying or selling a home isn’t as simple as buying or selling a car or other piece of personal property. It’s a major financial (and emotional) undertaking.

As such, diagnosing and repairing foundations is best left to professionals. The last thing you want is an erroneous diagnosis that could end up costing you your most valuable investment.

Additionally, your lender or insurance company may require that the resolved issues have proper documentation.

4. Buyers may face financing challenges.

Many conventional financial institutions require that homes be structurally sound in order to get financing. And if the lender agrees to finance your home, you risk facing higher interest rates or having to provide a bigger down payment.

On the upside, however, you can use this as a major bargaining chip to get a better deal.

5. Sellers may need to make concessions.

Selling a home with foundation issues isn’t easy. But this doesn’t mean it’s impossible. You only need to consider your options and employ smart strategies.

One option that you have is to fix the issues first and then sell the home. If you decide to take this route, then it may mean investing some money (perhaps a lot) out of your own pocket.

Once you have fixed the issue, you may also be required to disclose that information to prospective buyers. While it may be required by law, having this on your property’s record may actually work against you.

Many potential buyers may become discouraged after learning your home has had foundation issues. You may, nonetheless, try to offset the impact by pricing your property accordingly.

The other option is to sell as-is. Generally speaking, be prepared to sell it for about 20-25% lower on average. House flippers, in particular, may see this as an opportunity to make repairs and then sell it for a good profit.

Foundation damage is more common than you think. One out of every four homes in the US had signs of foundation problems, according to a 2012 study conducted by the National Association of Builders.

So when thinking of buying or selling a home needing foundation repair, these are the 5 main things to pay attention to the most.

 For any question on foundation our Foundation Expert – Jim Oursler can be reached at at granitefoundationrepairtx@gmail.com

 

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If you are a first-time buyer or an in the market looking for investment in real estate – Commercial, Residential, Farm land. We can help

We take pride in customer service and our clients see the value we provide.

We take ensure to make the process of buying, selling and leasing real estate seamless for you.

 

 

 

  

 

 

 

 

If you have a Family member, Friend looking to Buy/Sell Real Estate we will be glad to help.