5/21/2024 0 Comments Summer's coming!It's May! It's time to be ready for the North Texas Summer months. A more extensive list is attached, but here are general and quick tips/tricks:
1. Pay attention to doors and windows, and how they seal up. Check your caulking and look for areas that got wet over spring. 2. Rinse out your gutters and other areas of your roof. Everything will now bake in the summer sun, so it's helpful to clean out grime and get any accumulation out. This will help on our windy or rainy days to come. 3. Do a walk around of your wood and stone areas. It's just a good time to notice how critters have effected your place, and what wear and tear the winter/spring has brought. You might want to patch something up or have work done so you can enjoy your outdoor spaces all summer.
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5/13/2024 0 Comments Market Look for NowFriends, our local market is picking up. We are seeing multiple offers on homes for sale and sellers getting prices they prefer in faster and faster windows. One thing this means is that if you are waiting to buy, now really is the time. This summer will probably pick up even more, as the season moves into the prime moving time of the year.
So let's look now! Also, we continue to see rising prices/values in our neighborhoods. I talk with buyers about their budgets, and for those who have set a price and are waiting for a dip ... it still isn't happening in our areas. Instead, values continue to rise. And that looks to be the case with the stability of the metroplex, job market, and the steady rise of prices from the past few years through this year. So, for instance, a home that needs no work and no updates-- in zip codes like Coppell, or Grapevine, or Flower Mound -- it is difficult to budget something like 450k and find exactly what you're looking for. The values have risen and are rising out of this price range. Now may be the time to "get in" to something so that you can see the value rise as you own it. And then make your upgrades in time to come. This pertains to interest rates too. They are higher than recent years, but the value you can get by getting a home at current prices probably outweighs the hassle it will be to re-finance when rates go down. They will. And it seems a better bet that rates go down over the bet that values/prices go down. That's where we are! Don't get priced out of the market by waiting too long! Let's help you make a move. 5/6/2024 0 Comments Mortgage Rates in MayAs for Mortgage Rates, everything is in a hold right now. Everything is paused, waiting on the Federal Reserve and seeing what they might do. "The central bank raised rates 11 times in 2022 and 2023, with the expectation that it would reverse course this year. But as inflation has trended up, the central bank is standing pat. Following the Fed’s May 1 meeting, its third gathering of the year, Chairman Jerome Powell held steady again, announcing no change in interest rates for the time being." www.bankrate.com/real-estate/how-fed-interest-rate-affects-housing-market/
Here's the link to more info, as of May 1. Our thoughts?: It will change, but move forward now so you get the home/price/value you want. |
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