Category Archives: North Texas Real Estate

|
  • Comments Off on Is It a Good Time to Sell My House?
  • Comments
|

Is It a Good Time to Sell My House?

Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now is a good time … Continue reading Is It a Good Time to Sell My House?

|
  • Comments Off on How Smart Is It to Buy a Home Today?
  • Comments
|

How Smart Is It to Buy a Home Today?

Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should have on your desire to move. … Continue reading How Smart Is It to Buy a Home Today?

|
  • Comments Off on Home Prices: What Happened in 2020? What Will Happen This Year?
  • Comments
|

Home Prices: What Happened in 2020? What Will Happen This Year?

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal … Continue reading Home Prices: What Happened in 2020? What Will Happen This Year?

|
  • Comments Off on What Are the Benefits of a 20% Down Payment?
  • Comments
|

What Are the Benefits of a 20% Down Payment?

If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want … Continue reading What Are the Benefits of a 20% Down Payment?

|
  • Comments Off on It’s a Sellers’ Market [INFOGRAPHIC]
  • Comments
|

It’s a Sellers’ Market [INFOGRAPHIC]

Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat. Let’s connect today if you’re ready … Continue reading It’s a Sellers’ Market [INFOGRAPHIC]

|
  • Comments Off on Are There Going to Be More Homes to Buy This Year?
  • Comments
|

Are There Going to Be More Homes to Buy This Year?

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of … Continue reading Are There Going to Be More Homes to Buy This Year?

|
  • Comments Off on How Much Leverage Do Today’s House Sellers Have?
  • Comments
|

How Much Leverage Do Today’s House Sellers Have?

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory … Continue reading How Much Leverage Do Today’s House Sellers Have?

|
  • Comments Off on The Reason Mortgage Rates Are Projected to Increase and What It Means for You
  • Comments
|

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low … Continue reading The Reason Mortgage Rates Are Projected to Increase and What It Means for You

|
  • Comments Off on Where Have All the Houses Gone?
  • Comments
|

Where Have All the Houses Gone?

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage … Continue reading Where Have All the Houses Gone?

|
  • Comments Off on Home Mortgage Rates by Decade [INFOGRAPHIC]
  • Comments
|

Home Mortgage Rates by Decade [INFOGRAPHIC]

Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last … Continue reading Home Mortgage Rates by Decade [INFOGRAPHIC]