FSBO: For Sale By OwnerWay to go, Mr. FSBO! You have now made yourself a target for exploitation by a savvy Buyer who knows better than to go into this transaction unrepresented. While you were busy ‘scouring the interwebs’ for ‘free’ answers to next steps, your Buyers were leveraging information about everything you DON’T know…You don’t […]
Some Highlights: Even a small increase in interest rates drastically impacts your budget. Securing a mortgage now while rates are still low means you can get more house for your money. Spend your money on your dream home, not on interest.
We have some excellent news to report from the national housing market: Evidently US pending home sales index increased for the third straight month in April. This is a great testament that the national housing market is getting back on track and becoming increasingly stable. If you’re considering entering the market anytime soon as a […]
Earlier this week, the National Association of Realtors (NAR) released their latest quarterly report. The report covered three important aspects of the housing market: Buyer Demand Supply of Housing Inventory Single Family Residential Prices Today, we want to break down the highlights of the report along with several quotes from Lawrence Yun, the Chief Economist […]
We recently reported that investment purchases in 2014 fell 7.4% for the year, that combined with a diminished supply of distressed inventory allowing for big profits, has real estate investors looking for a new way to make more money in 2015. So if they don’t have new properties to buy… how would they make more […]
The National Association of Realtors (NAR) recently released a report revealing that the growing wealth gap in this country has been impacted by the recent increases in real estate values coupled with the drop in homeownership rates. The report discloses: “Over 90 percent of metro areas have experienced declining homeownership rates at a time when […]
We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own differ for each buyer, with many basic similarities. Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the top 5 financial benefits of homeownership his paper – […]
3111 Bryce Drive, Wylie TX 75098PROPERTY DESCRIPTION This propertythat is located at 3111 Bryce Drive, Wylie 75098 in Collin county is currently for sale. This property is offered by Providence Group Realty, agent Amanda Thomas. The property at 3111 Bryce Drive has 3 bedrooms, 2 baths, a study, 1,984 square feet and was built in […]
Some Highlights: Historically the Percentage of your income needed to afford a home vs. renting was a much closer margin. Making renting make sense. Now… Renting will cost you 30.1% of your income compared to buying a median home at 15.3% of your income. Either way you’re paying a mortgage… why not have it be […]
Last March, we alerted Buyers and Buyers Agents to a change in FHA lending that feels disheartening to many — the “Anti-Flipping” rule was reinstated. This rule prevents loan applicants from getting approval for homes that have been owned for less than 90 days by the Seller. Today, we want to share some happy news about FHA… […]
