…For the Cara Young October 29th Garden Party Event! Click on the Information below to purchase your tickets or a Sponsorship level today.
Thank you for your support. The Cara Young Fish for Life Tournaments and benefits is a 501 (C) (3) Public Charity
Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.
Please click on this link to view Steve’s Housing Trends July 2016 Newsletter
Steve Young’s July 2016 Newsletter
Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.
If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report: Get a FREE home or property evaluation here
Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.
Sincerely yours,
Steve Young
RE/MAX Associates
4105 S Bowen Rd Arlington TX 76016
817-276-5149
…Come to our garden party and reminisce with all our friends
A chance to share our memories and play our songs again…
2645 Villa Di Lago #1, Grand Prairie, TX 75054
Steve Young with RE/MAX Associates of Arlington, 4105 S Bowen RdArlington, TX 76016
Phone 817-276-5149/Cell 682-472-6263
Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.
Please click on this link to view Steve Young’s Housing Trends June 2016 Newsletter Steve Young’s June 2016 Newsletter
The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.
If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:
What is the Value of My Home or Property?
Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.
FORT WORTH (Fort Worth Business Press) – The Federal Transit Administration has authorized the Fort Worth Transportation Authority to begin construction on the 27-mile TEX Rail commuter rail line.
The agency, known as The T, can break ground next month, procure project materials, and begin construction activities planned for the first six months.
TEX Rail will extend from downtown, across northeast Tarrant County, through North Richland Hills and Grapevine, and into Dallas-Fort Worth International Airport’s Terminal B.
The line will begin service in late 2018 and serve more than 8,000 daily riders at nine stations by the end of its first year of operation. By 2035, nearly 14,000 daily riders are projected to use the system.
By David S. Jones, Senior Editor, Real Estate Center at Texas A&M University
June 22, 2016/Release No. 17-0616
COLLEGE STATION, Tex. (Real Estate Center) – Texans are clamoring for property tax relief. but a real estate expert for the Real Estate Center at Texas A&M University urges caution when searching for replacement revenue. Californians know exactly what he’s talking about.
“In California, Proposition 13 was supposed to keep taxes down by limiting appraisal growth rates,” said Dr. Charles Gilliland, research economist. “But the benefits have been far from beneficial. Texans can learn from the changes Californians made and what ultimately went wrong.”
California voters passed Prop 13 in the late 1970s to limit annual home appraisal increases to 2 percent as long as the property’s ownership remained unchanged. Back then, there were predictions the move would cause assessed values to lag market values. Those proved to be correct.
“Decades later, the gap between California’s market and assessed values ensured that assessed values continued to rise even when home prices fell,” said Gilliland.
“Homeowners faced with diminished home value angrily demanded to know how their taxable value could keep rising.”
There have been other unintended consequences of Prop 13. New homebuyers found they did not qualify for the substantially lower taxes applied to long-term homeowners. Long-term homeowners were reluctant to sell; newcomers and younger homeowners feared the higher taxes. All that led to a negative impact on California’s public schools.
“The U.S. Supreme Court upheld Proposition 13,” said Gilliland. “That suppressed school district revenue growth and virtually eliminated local control over most school funding.”
Gilliland suggests any evaluation of alternative tax policies consider four important questions.
“Property taxes are an emotional subject,” said Gilliland, “especially when property owners receive their annual notices from the local appraisal district. Texas property taxes are among the highest in the nation, and people are looking for ways to reduce the size of the bite taxes take out of their wallets.
“While property taxes are something nobody likes, including me, Texans should be careful about how they try to change the system. They could end up doing more damage to the economy,” said Gilliland.
“It’s complicated. If you cut property tax rates, you could end up cutting school funding or limiting expenditures on cities and counties. An across-the-board adjustment could get the state more involved in local decision-making. The state could get in the business of determining local tax rates.”
Gilliland notes that when all state and local taxes are considered, the Texas tax burden ranks much lower than most states.
Gilliland’s article, “Tax or Consequences,” is available on the Real Estate Center’s website.
Over the years I rely on and have used many articles and statistics from The Real Estate Center so I always like to post about this great organization, their professionalism and honors they receive. Below is again more proof of their excellence.
By David S. Jones, Senior Editor, Real Estate Center at Texas A&M University
June 20, 2016/Release No.16-0616
COLLEGE STATION, Tex. (Real Estate Center) – A magazine, podcast, and annual report produced by the Real Estate Center at Texas A&M University won top business communication honors in Houston Thursday.
Each won a Bronze Quill Award of Excellence from the Houston chapter of the International Association of Business Communicators (IABC) .
The Center was recognized for its quarterly periodical Tierra Grande magazine, its weekly Red Zone podcast, and its unique annual report/calendar combination.
The awards came less than two weeks after Tierra Grande was honored with the top international award, a Gold Quill, which was presented at IABC’s global conference in New Orleans.
Forty-five awards were presented at the IABC/Houston gala. Coincidentally, the Real Estate Center is 45 years old this year. Center communications have received 213 local, state, regional, and international awards since its founding in 1971.
Funded primarily by Texas real estate licensee fees, the Real Estate Center at Texas A&M University was created by the state legislature to meet the needs of many audiences, including the real estate industry, instructors, researchers and the general public. The Center is part of Mays Business School at Texas A&M University.
Stevesellsdfw's Blog 
Reply