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Could there be a better time to buy?

Categories: Featured, Master Builder Musings | Posted: October 20, 2010

1100 Junegrass

In my 37 years of selling and building new homes, the answer to the question is absolutely now is the best time to buy. 

Why?  Let’s look at the reasons:

            1.  Lowest interest rates in history.  Never have interest rates for homes ever been this low.  They may never be this low again in our life time.

            2.  Lot prices are the lowest in 5 years.  After an 18 year increase in lot and home prices, now the prices for lots have come down below the cost to produce the lot.  When the market returns to normal, the price of lots will be twice the current cost.  Also, there are no new developments for lots due to lender not loaning money for development.  When the lots we have now are gone, it will increase the price of home dramatically if there are any lots to purchase. 

            3.  Profit margins on new homes are the lowest in 20 years.  Due to lower demand for housing since the tax credit expired, builders are offering homes at the lowest profit margins in 20 years.  It is a buyers market so take advantage of it.

            4.  Energy features in new homes are the highest ever.  This makes the total payments to own your new home the lowest ever.  Adding green energy features to our homes have made it easy to guarantee heating and cooling cost.

I have never seen the new home market this great for the buyer.  My advice would be to take advantage of this time and purchase a new home.

-Ron Formby

Halloween Events Near Antares Homes Neighborhoods!

Categories: Featured, Neighborhood News | Posted: October 18, 2010

BOO!

Crowley: Haunted Hayride October 23, 2010 7pm to 11pm.  900 E Glendale, Crowley TX 76036

Fall Festival at Fort Worth First Church of the Nazarene October 30, 2010 6:30pm to 9pm

Burleson: Burleson Senior Center Halloween Dance October 29, 2010 7pm to 9pm.

Boo Bash October 30, 2010 6pm to 8pm.

Mansfield: Halloween Party October 29, 2010 6pm to 8pm at the Mansfield Activities Center.

Fort Worth: Fort Worth Zombie Crawl October 23, 2010 8pm until the Zombies are exterminated.  Prizes awarded at 11pm.

Dia De Los Muertos at Rose Marine October 30, 2010 7pm

Witch’s Night Out Benefiting the North Texas Food Bank October 23, 2010 3pm to 10pm.

Boo at the Zoo October 22-24, 29-31 Noon to 5pm.

Hangman’s House of Horrors Open the next two weeks on Friday, Saturday and Sunday 7pm to midnight Friday and Saturday and 7pm to t10pm on Sundays.

Rocky Horror Picture Show at Ridgmar Movie Tavern 11:55 pm October 23 and October 30, 2010.

Fall Festival at the Japanese Garden October 23-24. Saturday 9am to 5pm and Sunday 1pm to 5pm.

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