Yes. Experts say we’re on the cusp of the best time of the year to sell a home in the Dallas-Fort Worth metroplex. Let’s look at what insiders are saying and why. Home Sales Bloom in June According to Zillow, Dallas-area homes listed in the first two weeks of June sold for 2.5% more than other times of the year. That translates to a boost of $9,200 on average. And it’s better than the national average, which sees a 2.3% increase for homes listed in June, resulting in a $7,700 boost. Prices Are Enticing Buyers At the start of this year, Dallas-Fort Worth had the country’s second-highest rise in ..read more

The year was 1990. Cheers was America’s favorite TV show. MC Hammer had a hit with “U Can’t Touch This.” And the LA Times first reported on McMansions. That housing trend had a long run. But today’s homebuyers have shifted away from super-sized houses. Building Homes to Fit Modern Lifestyles Responding to the needs and preferences of homeowners, builders are increasingly constructing more compact living spaces. Median new-home sizes have dropped four percent in the last year, a decrease for the third consecutive year. “Smaller and taller” is now the trend, as evidenced by townhomes accounting ..read more

New findings by RE/MAX mean good things for the DFW housing market. Let’s dig into the data! DFW Home Listings are Way Up According to RE/MAX, Dallas-Fort Worth has America’s second-highest increase in year-over-year home sales percentage among the nation’s 50 major metropolitan areas. Between January 2023 and January 2024, closed home transactions in Dallas-Fort Worth rose by a whopping 14.2%. What does that mean for the DFW real estate market? It suggests greener days for homebuyers this spring; more listings mean prospective homebuyers will have more options. The report also offers encourag ..read more

Are you ready to buy your first home? You’re in good company. Last year, nearly a third of homebuyers in America were first-time buyers. Overall, about one in seven homebuyers choose an FHA loan for financing. Let’s look at why this mortgage option is so popular. Flexible Lending Requirements This makes an FHA loan especially attractive to first-time buyers. Borrowers with limited credit histories, lower credit scores, and lower down payment capabilities may not qualify for conventional loans. But they can qualify for FHA loans. Why? FHA loans are backed by the government, which sets the guide ..read more

Why do so many Texans look to the Decker Group for their mortgage financing needs? Kelly Decker and his dedicated team of professionals. Together, they offer some of the state’s best mortgage programs at highly competitive rates. The Decker Group has helped over 1,000 families and counting achieve their dreams of home ownership. What makes the Decker Group different? It’s a long list! But it includes… In-house underwriting. Lots of lenders outsource their underwriting. That can mean delays and extra costs for the borrower. The Decker Group keeps all the processing, funding, and closing under o ..read more

Have you thought about building your own home? It’s not just something other people do. You can construct your dream home from the ground up with a little know-how and the right financing. Steps to Building a Home First, find a builder. Browsing your local homebuilders’ association is a good place to start. Area real estate agents can help and the real estate sections of local papers usually feature builders. The right builder can often help you with selecting a site, a home design, and more. It’s best to get a lawyer who specializes in construction contracts to go over the paperwork. The cons ..read more

The Dallas-Fort Worth metroplex is home to some of America’s hardest-working towns. That’s according to WalletHub’s analysis of metrics including employment rate, workweek hours, worker engagement, and others. Let’s look at the top spots. Irving Coming in at number two out of 116 metropolitan areas, Irving has been dubbed the “Headquarters of Headquarters.” It’s home to ten Fortune 500 companies, 60 Fortune 1,000 companies, and around 150 international businesses. Dallas In the seventh spot, Dallas has one of America’s highest job growth rates. DFW has added about 600,000 new positions in the ..read more

There’s no law that says you need to. Realistically, you could enter an open house and buy the place on the spot. However, you may miss out on the benefits an agent provides. Let’s look at the pros and cons of using a real estate agent. The No-Agent Route About 11% of all home buyers in the U.S. purchase a home without the help of a real estate agent; usually to save money on fees. In most cases, home sellers pay the commissions of both the buyer’s agent and the seller’s agent. However, hypothetically, a buyer could convince a seller to lower the home’s price if the seller doesn’t have to pay ..read more

If you’re in the market for a new home, prices are likely front of mind. Let’s look at where Texas home prices stand, what you get for the price, and where experts think prices are headed. Reliable Median Home Prices According to Texas A&M’s November 2023 Texas Housing Insight report, median home prices in Texas had an overall decline of 0.1% from the previous month. Of all the home sales in Texas, 26% were in the $200,000 to $300,000 price range, and 24% were in the $300,000 to $400,000 range. In the North Texas housing market, the median home sale price at the close of 2023 was $389,945 ..read more

The weather’s just right, your tax refund is in hand, and there are many more homes on the market compared to a few months ago. Spring may be the best time of the year to buy a home, getting a jump on the horde of summer bidders. Here are a few things to keep in mind. Begin With Mortgage Pre-Approval Beating the summer rush won’t mean much if you can’t make an offer on your dream home. So your home shopping should start with your lender. In today’s fast-moving real estate market, sellers often expect buyers to have their financing pre-approved. Most negotiations don’t begin until a seller has ..read more