Over the course of the last 12 months, home prices have appreciated by 7.0%. Over the same amount of time, interest rates have remained historically low which has allowed many buyers to enter the market. Read More
Inventory Uptick, Slower Price Growth Expected in 2018 Still, price appreciation for starter homes is expected to stay robust until housing starts meet demand 2017 has been a tough year for buyers, but according to realtor.com’s 2018 predictions, help is finally on the way in the form of slower home price appreciation and 7-percent growth in single-family housing starts. “Next year will set the stage for a significant inflection point in the housing shortage,” said realtor.com Director of Economic Research Javier Vivas in a press release. “Inventory increases will be felt in higher-priced segments after spring home buying season, which we expect to take hold and begin to provide relief for buyers and drive sales growth in 2019 and beyond.” Vivas expects inventory declines to slow to 4 percent year-over-year by March, with an uptick in inventory coming in early fall 2018 for homes in the $350,000+ range. With increased inventory comes slower home price appreciation, says Vivas who forecasts that home price growth will slow to 3.2 percent year-over-year — a 2.3 percentage point decrease from 2017. On the other hand, buyers looking for lower-priced homes will have to wait a little bit longer for a reprieve. Home price appreciation for starter homes is expected to stay robust until housing starts pick up to meet demand. Buyers looking for a break may need to head South where residential housing starts are robust, home prices are low and costs of living are easier to handle. Read More
9 Tips for Selling a Home During the Holidays Selling a home during the holidays sounds stressful, and for homeowners who love to entertain and go all-out with decorations, it could... Read More
Signs you are Living Beyond your Means Living beyond your means is easy to do in a debt driven society. All we need to do to purchase an item these days... Read More
Homes with ‘grass roofs’ are set to become a reality in Frisco. Frisco Planning and Zoning Commission approved a request from the owners of the property to rezone... Read More
Home is a place of safety and certainty where you can relax and get comfortable. Given today’s mobile technology, most people send a text or call when they’re on their way to someone’s... Read More
Lewisville Residents Can Track Santa At: https://eservices.cityoflewisville.com/santatracker Santa is trading in his sleigh and reindeer for a fire truck and is teaming up with Lewisville fire... Read More
Know This Before You Do Any Home Improvements When you do any home improvement, you probably figure it’s also going to improve the value of your home. And it probably will... Read More
The American Dream of homeownership is alive and well. Recent reports show that the US homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons... Read More
If you’re over the age of 3, we know you’ve been there. It’s one of those lazy, hot summer days when you long for the cool, crystal-clear waters of your very own swimming... Read More