Category Archives: North Texas Real Estate

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  • Comments Off on Have Your Day in the Sun by Moving Up This Summer [INFOGRAPHIC]
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Have Your Day in the Sun by Moving Up This Summer [INFOGRAPHIC]

Some Highlights Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams? If your needs have changed, it’s a great time to upgrade – there’s likely high demand for your current house, and today’s low mortgage rates can help you … Continue reading Have Your Day in the Sun by Moving Up This Summer [INFOGRAPHIC]

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  • Comments Off on Why This Is Not Like 2008 Again
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Why This Is Not Like 2008 Again

During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many … Continue reading Why This Is Not Like 2008 Again

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  • Comments Off on Home Price Appreciation Is as Simple as Supply and Demand
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Home Price Appreciation Is as Simple as Supply and Demand

Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand … Continue reading Home Price Appreciation Is as Simple as Supply and Demand

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  • Comments Off on In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price
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In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price … Continue reading In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

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  • Comments Off on Why You May Want To Cash in on Your Second Home
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Why You May Want To Cash in on Your Second Home

When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight. Zelman & Associates recently reported … Continue reading Why You May Want To Cash in on Your Second Home

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  • Comments Off on Dreaming of a Bigger Home? Why Not Buy It This Year?
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Dreaming of a Bigger Home? Why Not Buy It This Year?

Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up. Why? With mortgage rates in their … Continue reading Dreaming of a Bigger Home? Why Not Buy It This Year?

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  • Comments Off on What’s Motivating People To Move Right Now?
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What’s Motivating People To Move Right Now?

This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces. According to the 2020 Annual National … Continue reading What’s Motivating People To Move Right Now?

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  • Comments Off on 6 Reasons to Celebrate National Homeownership Month
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6 Reasons to Celebrate National Homeownership Month

Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has risen to its highest point … Continue reading 6 Reasons to Celebrate National Homeownership Month

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  • Comments Off on How Misunderstandings about Affordability Could Cost You
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How Misunderstandings about Affordability Could Cost You

There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns about whether or not it’s truly affordable to buy a home right … Continue reading How Misunderstandings about Affordability Could Cost You