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.
Myths About the 2024 Housing Market [INFOGRAPHIC]
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.
https://linktr.ee/hsrdallas | Refinance Your Home in 2024: 5 Key Reasons Why
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
Is It Getting More Affordable To Buy a Home?
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…