Why Is Housing Inventory So Low?

If you’re thinking about selling your house in the Dallas/Fort Worth area, it’s crucial to know that buyers are out there and ready to pay today’s high prices. However, they’re seeking homes that are 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 really good shape. They don’t want to spend extra money on paint or new appliances.” This makes sense when you consider the high stakes in the current market. Buyers may not have the budget to handle upgrades after moving in, so an outdated or needing-repairs home could either be overlooked or result in a lower offer than you expected. Many homes in the Dallas/Fort Worth area are reaching their prime remodel years, typically between 20 and 39 years old. If your home falls into this category, it’s wise to consider making selective updates to enhance its appeal and expedite the sale. Why You Need a Real Estate Agent To ensure you’re making the most strategic improvements, working with a local Dallas/Fort Worth real estate agent is essential. Not all upgrades provide a high return on investment. As Bankrate advises: “Before you spend money on costly upgrades, be sure the changes you make will have a high return on investment. It doesn’t make sense to install new granite countertops, for example, if you only stand to break even on them, or even lose money.” A knowledgeable local real estate agent will understand the preferences and expectations of buyers in the Dallas/Fort Worth market. They can guide you on which updates will enhance your home's value and which ones might not be worth the investment. Bottom Line Selling a house in the Dallas/Fort Worth area today requires more than just a For Sale sign. It’s important to ensure your home is in top condition to attract buyers willing to pay premium prices. By making smart improvements with the guidance of a local expert, you can enhance your home’s appeal and secure a faster sale. Let’s work together to identify what buyers are looking for and determine the best updates for your home before listing it for sale.

If you're considering buying or selling a home in Dallas/Fort Worth or North Texas, it's essential to understand that your decision impacts more than just you—it contributes to the vibrancy of the local economy and the well-being of your community. Annually, the National Association of Realtors (NAR) releases a report detailing the financial ripple effects of residential real estate transactions (see visual below): 

If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home.

There are some key things to keep in mind after you apply for your mortgage and before you close. Here’s a list of things to remember when you apply for your home loan.

This time every year, homeowners who are planning to move have a decision to make: sell now or wait until after the holidays? Some sellers with homes already on the market may even remove their listing until the new year.

As the year winds down, you may have decided it's time to make a move and put your house on the market. But should you sell now or wait until January? While it may be tempting to hold off until after the holidays, here are three reasons to make your move before the new year.

Buying a new construction home can be an exciting experience. From being the very first owner, to customizing your home’s features, there are a lot of benefits. But navigating the complexities of buying a home that’s under construction can also be a bit overwhelming. This is where a skilled real estate agent can make all the difference. An article from The Mortgage Reports sums it up like this: “Your Realtor or real estate agent will be key to helping you navigate this process. . . . they can guide you through construction and help anticipate and solve for any possible snags along the way.” Here’s how your agent is an invaluable resource in your search to find and buy your new home.  Agents Know the Local Area and Market Your agent is well-versed in the emerging communities and upcoming developments that could influence your decision. For example, you'll want to be aware if there were any plans to construct a highway through the woods behind your prospective backyard. It’s important to consider how the neighborhood and the surrounding area might evolve before making your home purchase. Your agent can help you find a community that perfectly aligns with your preferences, lifestyle, and future needs. Knowledge of Construction Quality and Builder Reputation An agent also has the expertise to evaluate the construction quality and reputation of different builders. Their knowledge and experiences with local builders allow them to offer insights into each one’s track record, customer satisfaction, and construction practices. This information can help you avoid any potential risks and help you confidently select a builder known for delivering quality homes. Assistance with Customization and Upgrades The most obvious benefit of opting for new home construction is the opportunity to customize your home to suit your preferences. Your agent will guide you through that process and share advice on the upgrades that are most likely to add long-term value to your home. Their expertise ensures you focus your budget on areas that will give you the greatest return on your investment later on. Understanding Builder Contracts and Negotiations Builder contracts can be complex and differ from traditional home purchase agreements. Your agent can help you navigate these contracts to make sure you fully understand the terms and conditions. They’re also skilled negotiators who can advocate on your behalf, potentially securing better deals, upgrades, or incentives for you throughout the process. Bottom Line The guidance and expertise of a local real estate agent can make all the difference in turning your vision of the perfect home into a reality. Let’s connect so you can feel confident about purchasing your new construction home.

Moving to a new home can be both exciting and overwhelming. One of the most crucial aspects of a successful move is how you pack your belongings. Proper packing not only ensures the safety of your possessions during transit but also makes the unpacking process much smoother in your new space. In this blog, we'll explore seven best practices to help you efficiently pack your stuff before you move.