Southlake-Colleyville Real Estate
Up to date real estate information, events, local activities, and other items which might effect real estate values in the Southlake-Colleyville area.
Thursday, September 13, 2007
The Williams Group........FOOD DRIVE
The Williams Group of Keller Williams Realty is sponsoring a food drive on Oct. 20,2007.
We will be picking up donations from 9a.m. till 12 noon in the Thornbridge subdivision in North Richland Hills. The Tarrant Area Food Bank will be the recipient. If you have an organization that would like to help, please e-mail.
Dragon-Bulls Hot Ticket Saturday 15th, 2007
About 15,000 tickets have been sold for this weekend's Carroll-Miami Northwestern football game featuring the nation's No1 and 2 high school teams. Plenty of tickets are still available for the game, set for 6p.m. at the 32,000 seat Gerald Ford Stadium at South Methodist University in Dallas. Game organizers plan to meet with SMU officials today to discuss parking and traffic plans.
Wednesday, September 12, 2007
Mortgage Company Layoffs
Did you realize that the mortgage industry laid off approximately 10% of it's entire workforce in a recent 30 day period? I recently met with a group of industry professionals and one of the comments was that it may get worse before it gets better. Remember that in 2006 we had excellent interest rates. Well, it seems as though as low as those interest rates were, almost 60% of new mortgages were something other than fixed rates. Those rates will begin to adjust soon. Even worse, a lot of those mortgages are negative amortization which allows the mortgage to increase beyond the value of the property. This could be devasting in areas where values have decreased significantly.
Number 7 for Housing Growth
According to the census bureau, Tarrant County was number 7 in the country for housing growth from July 1, 2005 to July 1, 2006. The only county in Texas that had more was Harris County.
Tuesday, September 11, 2007
Board Drops Tax Rate!
The Carroll school board approved an 18 percent tax rate decrease Monday.
See more info: www.southlakecarroll.edu
GRAPEFEST...A Celebration of Texas Wines!
September 13,14,15 & 16, 2007
Admission is FREE on Thursday all day and Friday from 10 am to 5 pm.
Adults $8 Children (6-12) $5 Seniors (62+) $5
For more info: www.GrapevineTexasUSA.com
Property Tax Rate Stays The Same!
The tax rate in North Richland Hills will remain the same for the next fiscal year under a budget that includes $500,000 to design the city's new recreation center. Some homeowner tax bills will increase because their property values have increased.
The city is building a new library in Home Town NRH expected to open this spring. Construction of the recreation center will begin in 2009 and open in 2010.
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