Resources

May 17, 2024

What is a 2-1 Buydown Loan?

Understanding various mortgage options can be crucial in making informed decisions, especially in today’s environment, where home buyers are sensitive about the current interest rates. One lesser-known but highly strategic option is the 2-1 buydown mortgage. This financial tool can significantly influence your initial years of homeownership by making mortgage ...

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May 15, 2024

Why aren’t mortgage interest rates dropping yet?

We keep hearing reports that mortgage interest will drop, but they still haven’t. Why haven’t they decreased as anticipated. Despite widespread media predictions and consumer hopes for lower rates, the reality has been quite different. Here’s why.

 

The Role of Inflation

At the core of the issue is inflation ...

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May 13, 2024

Interior Designer Secrets: Easy changes to immediately improve the design of your home!

Many homeowners feel overwhelmed when it comes to upgrading their homes’ design. They see beautifully curated homes online and strive to replicate that aesthetic, often with mixed results. However, enhancing your home’s design doesn’t require a complete overhaul. Sometimes, the simplest changes can transform your space from good to great ...

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May 8, 2024

How to handle conflicting reports on interest rates.

Recent speculation around interest rate cuts and their impact on mortgage rates can confuse potential homebuyers. With differing expert opinions and the Federal Reserve’s (Fed) actions—or lack thereof—buyers don’t know what to think.

 

The Current Landscape of Interest Rate Predictions

Dr. Lawrence Yun, the Chief Economist for the National ...

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May 6, 2024

Do you have to put down 20 percent to purchase a home?

One of the most common misconceptions about buying a home is that you need 20% of the sale price for your down payment. While a larger down payment can offer advantages like lower monthly payments and no private mortgage insurance (PMI), many homebuyers are successfully purchasing homes with much less ...

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May 3, 2024

What are buyer concessions?

Real estate transactions throw a ton of information at buyers and sellers as they enter the home buying or selling process. Each transaction is nuanced and complicated, and it’s easy for consumers to get lost in the weeds when most only walk through the process every five years or so ...

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May 1, 2024

Working around the supposed “Best Week” to sell.

There’s a “Best of” everything. Apparently some publications argue that there is also a “Best” week to sell a home. This idea is rooted in statistics that suggest this period offers optimal conditions for listing a property, but relying on averages and generalizations alone can lead to misconceptions. In North ...

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April 29, 2024

The good and bad side of rising property values.

Property values rising in recent years in Dallas-Fort Worth is a double-edged sword for homeowners. The obvious benefit of added equity in your home also comes with the headache of increased property tax valuations. While prices can only increase by so much each year for homeowners with their homestead exemption ...

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April 25, 2024

Educating yourself on the effects of school vouchers in residential real estate.

One of the hot topics in the education conversation is the concept of school vouchers. This system is often controversial due to its far-reaching implications, and it warrants a deeper understanding, especially when it comes to how it affects the real estate market.

 

School vouchers are essentially government-funded programs ...

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April 23, 2024

What the activity of hedge funds can tell us about the real estate market.

The increasing participation of hedge funds in buying homes has become a notable trend nationally. This movement is a significant shift that could have ramifications for potential home buyers and sellers, which they should understand deeply. Why do these funds have such an interest in residential real estate?

 

With ...

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