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5/13/2024 0 Comments

Market Look for Now

Friends, 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. 

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