Higher Rates and Short Supply: The State of Real Estate in 2022

Higher Rates and Short Supply: The State of Real Estate in 2022The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.1 But while some had hoped 2022 would bring a return to normalcy, the U.S. real estate market...
Read More

5 Ways to Write a Winning Offer in Today’s Real Estate Market

5 Ways to Write a Winning Offer in Today’s Real Estate MarketOur nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire. 1 Fortunately, if you are a buyer struggling to find a home, we...
Read More

Seller’s Checklist: A Timeline to Prep Your Home for Sale

Seller’s Checklist: A Timeline to Prep Your Home for SaleWe are still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell. 1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market. Start by connecting with a real estate agent as soon as possible. Having the eyes and ears of an insightful real estate professional on your side...
Read More

Hedge Against Inflation With These 3 Real Estate Investment Types

Hedge Against Inflation With These 3 Real Estate Investment TypesThe annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982. 1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect the effects of inflation, like a higher cost of goods, to continue. 2 Luckily, an investment in real estate can ease some of the financial strain....
Read More

8 Popular Home Design Features for 2022

8 Popular Home Design Features for 2022There’s a lot to consider when selling your home, from the market and appraisals to where you’ll go next. Don’t forget, however, that design is also a key factor. It’s often one of the first things buyers notice when they walk into a home, and it’s also a detail that you, as a seller, can easily control. According to Realtor.com’s 2022 housing market forecast, home for-sale inventory will increase...
Read More

A Return to ‘Normal’? The State of Real Estate in 2022

A Return to ‘Normal’? The State of Real Estate in 2022Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021. 1However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3% of sales involved a bidding...
Read More

20 Unique Home Gifts for Every Person on Your List

20 Unique Home Gifts for Every Person on Your ListEvery year, it seems the holidays sneak up on us—and every year, that brings with it the dreaded last-minute gift panic. Finding a present that hits all the right notes can be surprisingly stressful, even when it comes to people you’ve known for years. But have no fear! We’ve lined up a list of unique gifts for every “type” on your list. And since we work...
Read More

New Build or Existing Home: Which One Is Right for You At

New Build or Existing Home: Which One Is Right for You At Bois d’Arc Lake?Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale. 1Nationwide, there were 1.27 million active listings in September, down 13% from the previous year. According to the National Association of Realtors, that’s about 2.4 months of inventory, which is far less than the six months that is generally needed to strike a healthy balance between supply...
Read More

Shut Down Home Intruders With These 7 Safety Strategies

According to the FBI, more than one million burglaries are committed in the United States each year, with victims suffering an estimated $3 billion in combined property losses.1 Fortunately, there are some proven tactics you can use to decrease your likelihood of a home invasion.Most burglars won’t go to extreme lengths to enter a residence. They are looking for easy access with minimal risk. A monitored security system can be an effective deterrent—homes without one...
Read More

9 Tips for Buying and Selling Your Allen Home at the Same Time

Selling your Allen home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it's dwindling.¹ You're not alone either if you're already feeling drained by the complex  ogistics of trying to sell and buy a new home all at once.Searching for a new home can be exciting, but many Allen homebuyers admit...
Read More

5 Factors That Reveal Where The Allen Real Estate Market Is Really

It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country.News website The Atlantic summarized the sizzling home market this way:“Pick a housing statistic at random, and it’s probably setting an all-time record. Home prices: record high. Inventory: record...
Read More

How to Bridge the Appraisal Gap in Today’s Allen Real Estate Market

How to Bridge the Appraisal Gap in Today’s Allen Real Estate Market If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the Allen real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever. That’s because some sellers are finding out the hard way that a strong...
Read More

Could Rising Allen TX Home Prices Impact Your Net Worth

Could Rising Allen TX Home Prices Impact Your Net Worth? Learn how to determine your current net worth and how an investment in Allen TX real estate can help improve your bottom line. Among its many impacts, COVID-19 has had a pronounced effect on the housing market. Low home inventory and high buyer demand have driven home prices to an all-time high.1 This has given an unexpected financial boost to many homeowners during a challenging...
Read More

Finding a New Home for Your Next Stage of Life

Finding a New Allen Texas Home for Your Next Stage of Life Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right? For most of us, our housing needs are cyclical.1 A newly independent adult can find freedom and flexibility in even a tiny apartment. That same space, to a growing family, would feel stifling. For empty nesters, a large home...
Read More

Can I Buy or Sell a Home Without a Real Estate Agent?

Can I Buy or Sell a Home Without a Real Estate Agent? Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even bidding wars—for homes in the most sought-after neighborhoods. This has led some sellers to question the need for an agent. After all, why spend money on a listing agent when it seems that you can stick a For...
Read More

Is the McKinney Real Estate Market Going to Crash?

Is the McKinney Real Estate Market Going to Crash? While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last?  When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the market. However, those...
Read More

5 Inspiring McKinney Home Design and Remodeling Trends for 2021

5 Inspiring McKinney Home Design and Remodeling Trends for 2021 We’ve all spent a lot more time at home over the past year. And for many of us, our McKinney homes have become our office, our classroom, our gym—and most importantly, our safe haven during times of uncertainty. So it’s no surprise to see that design trends for 2021 revolve around soothing color palettes, cozy character, and quiet retreats.  Even if you don’t have immediate...
Read More

McKinney Home Ownership Goals Whether You’re Buying, Selling, or Staying Put

New Year, New Home? McKinney Home Ownership Goals Whether You’re Buying, Selling, or Staying Put The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021.Home buyers, is this the year you...
Read More

10 Ways to Give Back to Our Local Plano Community This Holiday Season

10 Ways to Give Back to Our Local Plano Community This Holiday Season This year has demonstrated, perhaps more than ever, the importance of our family, friends, neighbors, and community. It truly “takes a village” to keep a community functioning effectively, whether that’s by keeping our waterways clean, feeding the hungry, teaching our kids, or supporting small businesses. With the holidays right around the corner, December offers the perfect opportunity to give back to the...
Read More

The New Normal: A Strong Housing Market in Plano, TX Expected to Continue into 2021

The New Normal: A Strong Housing Market in Plano, TX Expected to Continue into 2021 “2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies,” prominent economist Daryl Fairweather said.1 And he’s right: most of us would have expected the housing market to suffer from circumstances like a once-in-a-hundred-years pandemic and historic inventory shortages.But, rather than a slowdown, we are...
Read More