What Do The Experts Say?

I want to know as well.  The question stems from the Bond Market and what can we expect Rates to do around the corner?  I can tell you this- none of the experts predicted that rates would do this small climb they have done over the last few weeks.  What with the Fed about to lower rates and most economist believing the worst is still to come- that makes Bonds more attractive, right?

If you remember from past Weeklys- our Mortgage rates are tied closely to what the Bond traders are doing.  And when Stocks do not look like a good value- folks pour their money into Bonds.  When they do that- it changes the Bond price and historically- brings Mortgage Rates down.

What my guy says.  I pay a company big bucks for them to predict the Market and they still say float as the turn around is soon.  But they also say the rise in rates can be tied to one man- they call him, Richard “Loose Lips” Fisher.  He is the Dallas Fed President.  We had an article about him in the Dallas Morning News this weekend and they even said that he has a history of saying what he feels without restraint.  He did so on February 7th and again last week.  When he speaks, speculators listen to hear between the lines and then trade their positions accordingly.

Hold on- it will be a bumpy ride but I trust my guys- the best is yet to come.

What The Inspector Says

I have two Residential Home Inspectors to whom I consistently send clients.  I even have them both on my website as I trust them so much.  Deb Sadler with 20/20 and Robert Brummell with Brummell Inspection.  From time to time they share some secrets with me.

Here are some from Deb:

When was the last time you had your HVAC checked?  Install a thermostat timer to save money.  The timer can be set to automatically raise and lower the temperature during peak and off-hours.  If your home has rooms that are seldom used, keep the doors shut most of the time.  Make sure the rooms get enough heat to prevent mildew from growing or contents being damaged.  Keep your HVAC system clean as good maintenance improves efficiency, reduces waste and lowers costs.

Are You A Group Member?

I have been a Frisco Sunrise Rotarian for years and could not be happier.  When I first got involved in Real Estate everyone said “Go out and Network.”  The problem is…I hate Networking.  I would rather be working on something or making a difference.  Rotary is that ticket, I like to call it an extension of my church.  Ten clubs help organize and run a blood drive once a quarter and we collected over 171 unites of blood for Carter BloodCare.  Check out our site and see what you think- we would love to have you stop by for a visit.

The Doc Who Gives-

I am a man who is not afraid to cry- unless I am at my Chiropractor.  If he makes me cry then he is adjusting me very poorly.  How about a Chiropractor that not only adjusts you correctly, but gives away his services?  My kind of doc.  Today until February 29th, Dr. Bullitt is giving away to new clients all 1st day services.  All he asks is you bring a $39 donation made out to the American Heart Association.

Frisco Cycling Club Meeting

Tonight at 7:15pm you will find members and non members of this club at Richardson BikeMart, Frisco as we hold our February meeting- last day to order team clothing!

A Word from our Chairman:

Frisco, TX is an unbelievable City to live in a watch grow.  We have been written about by Forbes.com for the Top 10 Fastest Growing Cites in America.  But I belive we are best known for our leadership.  We have an amazing City Manager, Mayor and Council as well as the rest of the City Staff and community.

But our shining star is Jerry Holder, Board Chairman for the Frisco Economic Development Corporation.  Aside from the great work he does- we also get to sit next to him at church as he and his family are members at our church, St. Philip’s Episcopal.  Read this edition of our City Newsletter called Focal Point on page 10 and see what is on the horizon for this City.

Habitat for Humanity

Are you ready for a fantastic evening?  Then visit our web site and buy your Gala tickets now. 

Habitat for Humanity of South Collin County’s 2008 Building Foundations Building Lives Gala will be held Saturday February 16, 2008 at the Marriott Legacy Town Center in Plano. Jeff Brady of Channel 8 News will once again be our Honorary Chair. The evening will start with a champagne reception followed by a gourmet dinner. Musical entertainment will be provided by Grammy-nominated band The Fins

There will be both live and silent auctions. Some of the notable auction items will be round trip private jet service to Vail including limo transportation and hotel, hotel stays in London, Hawaii, Houston, and New York, sports memorabilia, great wine, and much more!

The price remains the same $125 for this “black tie optional” event.

Come join us for a great evening and support of one of your communities most important initiatives – decent, affordable housing!

Looking forward to seeing you at our 2008 Gala!
 
Habitat for Humanity of South Collin County
P.O. Box 868117
Plano, Texas 75086
972-398-0634

Birthday Boy, Jim Hoyt with Lance

Place Your Order Today!

Wanted- riders of all size and shape to place their order with the Frisco Cycling Club today!  As this is the last day to get that order in before we send off to the printer the sizes we need.  As a relatively new club- we will only be able to order a few extra items.

See your new Jersey below!

St. Philip’s Episcopal Church

St. Philip’s Episcopal Church  will host a special Wedding Vow Renewal event on Saturday, February 16th from 5:30 – 6:45 p.m.  Enjoy a reception afterwards (including wedding cake) and have their photo taken to mark the occasion. There will also be the opportunity to have your marriage individually blessed following the service.