Home Prices Aren’t Declining, But Headlines Might Make You Think They Are
If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices. The bottom line is home prices are higher than they were a year ago at…
Savings Strategies Every First-Time Homebuyer Needs To Know
If homeownership is on your goal sheet for your future, you’re probably working on your savings. And a big priority is making sure you’ve got a plan in place for things like your closing costs, down payment, and more. Here are a few strategies that can…
Selling Smart: Why a Real Estate Agent Makes All the Difference
If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress. Going this route means shouldering a lot of responsibilities by yourself – and, if you’re not an expert,…
Encouraging Signs in US Mortgage Market | https://linktr.ee/hsrdallas
Purchase lock counts ↑ 5% yearly in Early-Q2, marking the first gain since rate hikes began. The overall rate lock volume ↑ 8.7%, with purchase lock volume ↑ 11% MoM.
Falling Rates or Flatline? Freddie Mac Casts a 2024 Forecast | https://linktr.ee/hsrdallas
Freddie Mac predicts mortgage rates will remain elevated through most of 2024. High interest rates will push buyers to readjust housing expectations, but demand remains high, especially for starter homes.
The Wealth-Building Power of Homeownership [INFOGRAPHIC]
Some Highlights If you’re trying to decide if buying a home is worth it, consider the long-term benefits, like building equity as home values grow over time. According to the FHFA, home values have increased by 315.7% since 1991. Home equity is one…
Texas Homes: Realigning for Spring Spruce-Up | https://linktr.ee/hsrdallas
Texas new home sales rose slightly in Late-Q1, but the spring season is performing a bit below expectations. High mortgage rates and economic headwinds are blamed for the slow growth.
Your Equity Could Make a Move Possible
Many homeowners looking to sell feel like they’re stuck between a rock and a hard place right now. Today’s mortgage rates are higher than the one they currently have on their home, and that’s making it harder to want to sell and make a move. Maybe you’re…
Dallas’ Demand: Big Texas Living on a $139K Income! | https://linktr.ee/hsrdallas
In Dallas, the required income to purchase a median home was $139K in April, ↑ 2.4% yearly. The median listing price for homes is $450K, ↓ 2.2% yearly.
The Sweet Spot for Buying Luxury Homes
If you’ve been looking for a home at the high end of your market, but haven’t found the right one, you may have put your search on hold. But according to recent data, now may be the time to jump back in. Here’s why. There Are More Luxury Homes To Choose…