Category Archives: North Texas Real Estate

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  • Comments Off on Home Sellers in Q3 Netted $61K at Resale
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Home Sellers in Q3 Netted $61K at Resale

According to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232. This is the highest average price gain since the second quarter of 2007 and represents a 32% return on the original purchase prices. … Continue reading Home Sellers in Q3 Netted $61K at Resale

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  • Comments Off on Are Homeowners Renovating to Sell or to Stay?
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Are Homeowners Renovating to Sell or to Stay?

Over the past few years, two trends have emerged in the housing market: Home renovations have shot up Inventory of homes available for sale on the market has dropped A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. According to the latest Existing Home Sales Report from the National … Continue reading Are Homeowners Renovating to Sell or to Stay?

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  • Comments Off on How to Honor a Veteran Today and Everyday
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How to Honor a Veteran Today and Everyday

One hundred years ago, on the eleventh hour of the eleventh day of the eleventh month, we marked the end of the “war to end all wars.” That day, which was to be observed annually on the eleventh day of the eleventh month, became known as Armistice Day and then, later on, became Veterans Day. … Continue reading How to Honor a Veteran Today and Everyday

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  • Comments Off on VA Home Loans by the Numbers [INFOGRAPHIC]
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VA Home Loans by the Numbers [INFOGRAPHIC]

Some Highlights: The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans & 2 million active duty service members which helps them achieve their dreams of homeownership. In 2017, $189 billion was loaned to veterans and their families through the program. VA Purchase Loans are on the … Continue reading VA Home Loans by the Numbers [INFOGRAPHIC]

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  • Comments Off on 75% of Renters Have Been Misinformed
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75% of Renters Have Been Misinformed

Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a major part of the American Dream – owning a home. In 2008, … Continue reading 75% of Renters Have Been Misinformed

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  • Comments Off on Why Has Housing Supply Increased as Sales Have Slowed Down?
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Why Has Housing Supply Increased as Sales Have Slowed Down?

According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s numbers. For over three years leading up to this … Continue reading Why Has Housing Supply Increased as Sales Have Slowed Down?

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  • Comments Off on 5 Tips When Buying a Newly Constructed Home
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5 Tips When Buying a Newly Constructed Home

The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5 tips to keep in mind if you are considering … Continue reading 5 Tips When Buying a Newly Constructed Home

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  • Comments Off on 2 Myths Holding Back Home Buyers
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2 Myths Holding Back Home Buyers

Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as an obstacle to homeownership. Thirty-nine percent of renters … Continue reading 2 Myths Holding Back Home Buyers

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  • Comments Off on How Will Home Sales Measure Up Next Year?
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How Will Home Sales Measure Up Next Year?

There are many questions about where home sales are headed next year. We have gathered the most reliable sources to help answer this question. Here are our sources: Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA enables members to successfully deliver fair, sustainable, and responsible real … Continue reading How Will Home Sales Measure Up Next Year?