Category Archives: North Texas Real Estate

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  • Comments Off on Where Did Americans Move in 2017? [INFOGRAPHIC]
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Where Did Americans Move in 2017? [INFOGRAPHIC]

Some Highlights: Atlas Van Lines recently released the results of their annual Migration Patterns Survey in which they tracked their customer’s movement from state-to-state over the course of 2017. Idaho held on to the top spot of ‘high inbound’ states for the 2nd year in a row followed by Washington. The ‘outbound’ states seem to … Continue reading Where Did Americans Move in 2017? [INFOGRAPHIC]

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  • Comments Off on What Impact Will the New Tax Code Have on Home Values?
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What Impact Will the New Tax Code Have on Home Values?

Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months. Below is a map, broken down by state, reflecting how home values are forecasted to change by the end of 2018 using data from the most recent report. As we … Continue reading What Impact Will the New Tax Code Have on Home Values?

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  • Comments Off on 61% of First-Time Buyers Put Down Less than 6%
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61% of First-Time Buyers Put Down Less than 6%

According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying. The median down payment … Continue reading 61% of First-Time Buyers Put Down Less than 6%

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  • Comments Off on Wondering If You Can Buy Your First Home?
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Wondering If You Can Buy Your First Home?

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family, others might think they are too young, and still, others might think their current … Continue reading Wondering If You Can Buy Your First Home?

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  • Comments Off on Thinking of Selling? Now is the Perfect Time
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Thinking of Selling? Now is the Perfect Time

It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the spring … Continue reading Thinking of Selling? Now is the Perfect Time

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  • Comments Off on The Impact Staging Your Home Has on Sales Price [INFOGRAPHIC]
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The Impact Staging Your Home Has on Sales Price [INFOGRAPHIC]

Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging. 50% of staged homes saw a 1-10% increase in dollar value offers from buyers. 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own. The top … Continue reading The Impact Staging Your Home Has on Sales Price [INFOGRAPHIC]

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  • Comments Off on 93% Believe Homeownership Is Important in Attaining the American Dream
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93% Believe Homeownership Is Important in Attaining the American Dream

Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that: “Owning a home remains a core element of the American Dream.” When asked “How important a part of the American dream is owning a home?” 18% of those surveyed said it was the most … Continue reading 93% Believe Homeownership Is Important in Attaining the American Dream

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  • Comments Off on FICO® Scores on Approved Home Loans Drop Again
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FICO® Scores on Approved Home Loans Drop Again

According to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans. FHA and VA loans showed the most opportunity for millennials looking to enter the market with low down payments and even … Continue reading FICO® Scores on Approved Home Loans Drop Again

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  • Comments Off on The Impact of Tight Inventory on the Housing Market
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The Impact of Tight Inventory on the Housing Market

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in … Continue reading The Impact of Tight Inventory on the Housing Market

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  • Comments Off on 712,000 Homes in the US Regained Equity in the Past 12 Months!
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712,000 Homes in the US Regained Equity in the Past 12 Months!

CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today. The … Continue reading 712,000 Homes in the US Regained Equity in the Past 12 Months!