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.
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.
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.
Specialized professionals streamline property search, offer tailored advice, and navigate buying processes.Potential savings outweigh fees, especially for first-time buyers and investors.
Some Highlights When it comes to the current housing market, there are some myths circling around right now. Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments. Lean on a real estate professional to help separate fact from fiction in today’s housing market.
1. Improved Credit Scores: – Higher scores can secure lower rates – Even without Fed rate cuts, individual situations may benefit 2. Cash-Out Equity: – Utilize increased equity for cash-out refinancing – Funds can be used for debt consolidation or home upgrades
Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is still tight, there are signs it’s starting to get a bit better and may improve even more throughout the year. Elijah de la Campa, Senior Economist at Redfin, says: “We’re slowly climbing our way out of an affordability hole, but we…
You may have seen reports in the news recently saying it’s more affordable to rent right now than it is to buy a home. And while that may be true in some markets if you just look at typical monthly payments, there’s one thing that the numbers aren’t factoring in: and that’s home equity. Here’s a look at how big of an impact equity can have and why it’s worth…
If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you. In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, the higher rates are, you’ll see lower buyer demand. That’s because some people who want to…
Have you been saving up to buy a home this year? If so, you know there are a number of expenses involved – from your down payment to closing costs. But did you also know your tax refund can help you pay for some of these expenses? As Credit Karma explains: “If one of your goals is to stop renting and buy a home, you’ll need to save up for…
Some Highlights If you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses. Smaller homes typically have lower energy and maintenance costs. Plus, you may have enough equity built up to fuel your move. If you’re thinking about moving to a smaller home, connect with a real estate professional to go over your goals and look at…