Some Highlights Did you know the equity you have in your current house can help make your move possible? Once you sell, you can use it for a larger down payment on your next home, so you’re borrowing less. Or, you may even have enough to be an all-cash buyer. The typical homeowner has $298,000 in equity. If you want to find out how much you have, connect with a…
The 10 most affordable metro areas for America’s middle class—2 are in Texas
Creditnews Research studied income distribution and housing costs in the top 100 metropolitan areas in America. The Midwest and parts of the South are the most affordable for middle-class families. Youngstown, Ohio, is the most affordable metro area, with incentives for homebuyers. Toledo, Ohio, is also affordable, with a lower cost of living compared to New York City. Continue to full article
Is a Multi-Generational Home Right for You?
Ever thought about living in the same house with your grandparents, parents, or other loved ones? You’re not alone. A lot of people are choosing to buy multi-generational homes where everyone can live together. Let’s check out why they think it’s a good idea to see if it might be a good fit for you, too. Why People Are Choosing Multi-Generational Living According to the National Association of Realtors (NAR),…
US Home Prices Are Set to Rise by 3.1% by February 2025
Real estate enthusiasts and homeowners are closely monitoring the housing market, with recent data showing a 5.5% year-over-year increase in home prices nationwide. The market is expected to continue growing, offering opportunities for buyers and sellers. Regional variations highlight diverse dynamics, with some areas at risk of potential declines in home prices. Continue to full article
Foreclosure Numbers Are Nothing Like the 2008 Crash
If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up. And that may leave you feeling a bit worried about what’s ahead, especially if you owned a home during the housing crash in 2008. The reality is, while increasing, the data shows a foreclosure crisis is not where the market is headed. Here’s…
The Best Way To Keep Track of Mortgage Rate Trends
If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind. You’ve heard about how they impact how much you can afford in your monthly mortgage payment, and you want to make sure you’re factoring that in as you plan your move. The problem is, with all the headlines in the news about rates lately, it can be a bit overwhelming to sort through. Here’s…
What You Really Need To Know About Home Prices
According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know. A lot of that fear is probably coming from what you’re hearing in the media or reading online. But here’s the thing to remember. Negative news sells. That means, you may not be getting…
https://linktr.ee/hsrdallas | Know the New Rules of Selling a Home in 2024
The housing market is picking up in 2024 with mortgage rates going down. Buyers are coming back to the market, and bidding wars are reappearing.
https://linktr.ee/hsrdallas | Live Large on a Small Budget: Top 5 Affordable Cities in Texas
5. Lubbock is home to Texas Tech and Buddy Holly Center, with avg house price of $160K. 4. Amarillo is the most populous city in the Texas panhandle with avg house price of $150K.
https://linktr.ee/hsrdallas | Advantages of Buyer’s Agents
Specialized professionals streamline property search, offer tailored advice, and navigate buying processes.Potential savings outweigh fees, especially for first-time buyers and investors.