Home Values Rise Even as Median Prices Fall
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t tell the full story. Nationally, home values are actually rising, even if the […]
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Beyond the Headlines: Understanding How Proposed Changes in Real Estate Commissions Will Actually Impact You as a Buyer or Seller
You’ve probably heard the news that there are changes coming in terms of how real estate commissions are paid. This might sound exciting and like a potential game-changer for you as a home seller or buyer, with headlines proclaiming things like: “Real estate commissions are being slashed!” “Selling your house will now be less expensive!” […]
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Why Fixing Up Your House Can Help It Sell Faster
If you’re thinking about selling your house, you should know there are buyers who are ready and able to pay today’s high prices. But they want a home that’s move-in ready. A recent press release from Redfin explains: “Buyers are still out there and they’re willing to pay today’s high prices, but only if the house is in […]
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Things To Avoid After Applying for a Mortgage
Some Highlights There are a few key things you’ll want to avoid after applying for a mortgage to make sure you’re in the best position when you get to the closing table. Don’t change bank accounts, apply for new credit, make any large purchases or transfers, and don’t co-sign loans for anyone. Here’s a good rule of thumb. Always […]
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MSA Housing Inventory Reaches Highest Level in 13 Years
In May, the Austin-Round Rock-Georgetown MSA reached the highest level of inventory the area has seen in 13 years at 4.9 months. With a 37.7% YoY increase in active listings, homebuyers can be much more selective in finding a home that fits their price range. In May, the Austin-Round Rock-Georgetown MSA saw a 12.8% decline […]
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MUDs, PIDs, PUDs & TIFs: Property Taxes You Should Know Before Buying a Home in Texas
Many factors are at play when buying a home, no matter where you live. Potential homeowners need to determine their budget for a down payment, research the best type of mortgage for their needs, and make sure the home will suit all of their lifestyle needs in the long term. Though these considerations are true for home buyers […]
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