All About Texas Real Estate

By Sondra Meyer:, See It. Experience It. Live It.
(EXP Realty, LLC)
Even though our country isn’t perfect, I never fail to feel a sense of pride when I see our US flag blowing in the wind.     I haven’t been around Active Rain for about a year.   However when I saw the June contest was about Old Glory, I knew that I needed to make time to come back to Active Rain & to participate.   I have not been blogging much on Active Rain because I have been trying to rebuild my real estate business from scratch in  Corpus Christi, TX, a coastal city in South Texas.   As I looked through my pictures for flags, I was surprised to discover that the very first picture I took in Corpus Christi was at twilight.  I was trying to take a picture of the American flags that were lining Ocean Drive.    My first trip to Corpus Christi, TX was on November 10, 2020.   That was t...
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By Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
When moving to a new city, do you ever ask where your water is coming from? Here in Flower Mound, Texas, all of the water is surface water, obtained from Lake Lewisville, Lake Ray Hubbard, Lake Tawakoni, and rivers. The majority comes from neighboring city's Lake Lewisville. As of June 25, 2022, Lewisville Lake is 100% full. One of the many reasons why people choose to move to Flower Mound is because of the School District, Lewisville ISD, and Lake Lewisville. The lake is one of the largest lakes in North Texas covering 29,000 acres with 233 miles of shoreline. Here, residents can find beaches, camping, swimming, fishing, recreational boating, water skiing, and relaxation. The Town of Flower Mound purchased 5,114,091,000 gallons of treated drinking water from Dallas Water Utilities and ...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Why an Agent Is Essential When Pricing Your House Some Highlights When it comes to pricing your house, there's a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in your neighborhood, where prices are headed, and your homes condition. Don't pick just any price for your house. If you're ready to sell, lets connect to find the perfect price for your house.     
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By Dorie Dillard Austin TX, NW Austin ~ Canyon Creek and Spicewood/Balcones
(Coldwell Banker Realty ~ 512.750.6899)
I'm thrilled to have partnered with this homeowner on the sale of their home. With solid planning and preparation, we addressed the most important items to ready this home for market. Our impressive presentation resulted in multiple offers and sold well over asking.    Buyers loved this adorable, single, story, because it lives larger with the bonus of high ceilings, a light filled open layout with clean lines and sprawling, wide plank, ceramic wood look flooring.    The amazing top-of the line kitchen caught everyone’s eye as they could visualize cooking up a storm for family and friends.     What’s not to love with the columns with crown molding, a separate office/study, and bedrooms in the mother-in-law configuration, with the primary bedroom tucked away to the back of the home for u...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
More Americans Choose Real Estate as the Best Investment Than Ever BeforeAmericans opinion on the value of real estate as an investment is climbing. Thats according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before.The graph below shows the results of the survey since Gallup began asking the question in 2011. As the trend lines indicate, real estate has been gaining ground as the clear favorite for almost a decade now:If you're thinking about purchasing a home, let this poll reassure you. Even when inflation is high like today, Americans recognize owning a home is a powerful financial decision.How an Investment in Real Estate Can Benefit You During High Inflation Because inf...
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By Christopher Watters, Austin Realtor (512-829-8000)
(Watters International Realty)
 Dear friends and clients,Today’s real estate market is still competitive for buyers. If you fall in love with a home, chances are that other buyers have seen it as well, and you’ll have to compete against them to get your offer accepted. Even though interest rates have increased, there still aren’t enough homes to balance out our market. That means sellers have the upper hand, and buyers are forced to compete against each other. Fortunately, there are a few ways you can make your offer stand out to sellers:1. Offer above the asking price. You’ll have to offer more than asking price if you want to win in a multiple-offer situation, but that doesn’t mean you’ll have to bring too much more money to the table. An extra $2,000 might be enough to draw the seller’s attention. As long as you d...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Is the Housing Market Correcting?If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Heres what you need to know.The housing market is moderating compared to the last two years, but what everyone needs to remember is that the past two years were record-breaking in nearly every way. Record-low mortgage rates and millennials reaching peak homebuying years led to an influx of buyer demand. At the same time, there weren't enough homes available to purchase thanks to many years of underbuilding and sellers who held off on listing their homes due to the health crisis.This combination led to record-high demand and record-low supply, and that wasn...
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Conventional 30 year Mortgage: 5.625%Credit score:740LTV:75%Loan Amount: $300kAPR: 5.675%FHA 30 year: 5.375% Credit Score:740LTV:96.5%loan amount: $300kAPR: 5.67%Conventional 15 year: 5.125%Credit score:740LTV:75%Loan Amount: $300kAPR: 5.23%Rates are Subject to ChangeCall me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.   
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By Dorie Dillard Austin TX, NW Austin ~ Canyon Creek and Spicewood/Balcones
(Coldwell Banker Realty ~ 512.750.6899)
Love watching Beautiful Beckett (Miss B) #13 play on her all boys team where she plays in the WAYA League. Last night her team killed it and Beckett made 3 baskets! The opposing all boys team didn’t faze her as she flashed down the court and had no trouble guarding her opponents! So thankful I’m here to support the kid’s activities. I’m a lucky Nana. ♥
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
A Majority of Consumers Say Its a Good Time To Sell Your HouseIf you're a homeowner thinking about selling your house, you're probably looking for the best time to make your move. That means you're likely balancing a number of factors, like your changing needs, where you'll go when you sell, and todays mortgage rates in order to time it just right.According to recent data, that sweet spot could already be here. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae finds that 76% of consumers believe now is a good time to sell.The graph below shows the percentage of survey respondents who say its a good time to sell a house. The big dip in March and April of 2020 reflects how consumer sentiment dropped at the beginning of the pandemic as uncertainty about the health crisis grew. ...
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By Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
Nearly one year ago, this photo was taken on my Buyer's new construction. In less than seven days, I hope to be posting "Sold," and the buyers will be moving into their new home shortly thereafter. When a Buyer decides to build (which in this case, took place more than nine months before you see the building in progress), there are a lot of pieces to the building puzzle. From the decision to buy, the location of where it will be built, permits, planning and zoning, easements, utilities, electricity, gas, water, sewage, foundation, to every single component such as pieces of wood, bricks, screws, and mortar, including all that is involved in sheetrock, wiring, lights, heat, air conditioning, the roof, windows, doors, pouring concrete for the foundation, building the chimney, insulation, ...
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By The Hoeke Team, Local Realtors® at EXP
(The Hoeke Team, Local Realtors® at EXP – Real Estate Agents | Listing Agents)
If you're thinking about selling your home for cash without hiring an agent, there are several important things you should do. First, find a cash buyer for your home. There are many ways to find a cash buyer for your home. Listed below are some tips to help you find a cash buyer for your house. Then, get ready to market your home! Read on for some of the most important tips to help sell your house for cash.Selling a house for cashWhile selling a home for cash can save you time and money, the traditional listing process is not without its disadvantages. While most transaction costs are passed onto the seller in a retail sale, you may want to avoid paying for the expenses that can delay possession. Listed homes can benefit from cosmetic upgrades and repairs, which will boost their sale pr...
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By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Nexa Mortgage, NMLS #1660690)
Reverse MortgagesThis article will provide information about reverse mortgages from a Certified Reverse Mortgage Specialist, Richard Woodward. It will include what you need to do to qualify, when you must repay the loan, and what could trigger a foreclosure.What is a reverse loan?Reverse mortgages allow older homeowners, 55 and older in some states and 62 and older in Texas, to borrow against their home’s equity.These loans are special because of their unique nature.Reverse mortgages offer equity loans that are unique because they pay the borrower either in a lump sum or in monthly payments when refinancing or they allow home buyers to make a large down payment to purchase a home and then no monthly mortgage payments going forward.How is home equity calculated and what is it?Home equity...
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By Dorie Dillard Austin TX, NW Austin ~ Canyon Creek and Spicewood/Balcones
(Coldwell Banker Realty ~ 512.750.6899)
  Austin has so many iconic places and The Paramount Theater is one of them.  On Saturday night I went with some great friends to see Patton Oswalt . We had fabulous second row, middle seats so were close up and personal. Russell my son-law, in the blue shirt in the back of the picture, HE is the one Patton was talking to at the end of the show about him doing something for 2 days. It was hilarious!!!! The Paramount Theater is a classical revival style structure and was built in 1915. The theater was listed in the National Register of Historic Places on June 23, 1976.  There have been many renovations over the years and in 2015 the theater embarked on an effort to recreate the signature blade sign that was lost in 1963. On September 23, 2015 the blade sign was lit for the first time in ...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Home Price Deceleration Doesn't Mean Home Price DepreciationExperts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here's a look at a few terms you may hear: Appreciation is when home prices increase. Depreciation is when home prices decrease. Deceleration is when home prices continue to appreciate, but at a slower pace. Where Home Prices Have Been in Recent YearsFor starters, you've probably heard home prices have skyrocketed over the past two years, but homes were actually appreciating long before that. You might be surprised to learn that home prices have climbed fo...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Congratulations! You're pre-approved for a loan and found a home! Here's just some of what you should know. When you're financing the purchase,  pay particular attention (in Texas) to the second paragraph of the Third Party Financing Addendum that is part of the contract.This document covers two types of approvals: one for you, the buyer, and one for the property itself.If your lender has thoroughly vetted you and underwriting has checked you out six ways to Sunday and provided unconditional approval for YOU (not the house), then you and your agent can discuss checking the second box in paragraph 2A - Approval of Financing. You'll be on the hook for the loan unless the PROPERTY does not get approval. In today's market, if you can get this approval, it's one less contingency that a selle...
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By Dorie Dillard Austin TX, NW Austin ~ Canyon Creek and Spicewood/Balcones
(Coldwell Banker Realty ~ 512.750.6899)
Unfortunately my dad passed away early in life in 1978. I don’t think the reality hit me for several years of the loss I felt. My dad was an inspiration in my life and I'm thankful for the years I had with him. Dad exhibited love to me in so many ways. His actions spoke louder than words as he taught me what determination, perseverance, thankfulness, forgiveness, joy and love of family meant.                         “A father is neither an anchor to hold us back, nor a sail to take us there, but a guiding light whose love shows us the way.”  Unknown 
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Reducing DIY Project WasteThere are a number of reasons why you might choose to take on a DIY project. You may decide to do something yourself because you think it will be an easy project, or because you enjoy working with your hands. You might even consider doing a DIY project because you think it would save you a lot of money over hiring a professional to do the same thing. Regardless of your reasoning, there’s one thing about DIY that a lot of project guides and instruction sets leave out: what to do with everything that’s left over once you’re done with the project.DIY waste can be a real concern, since depending on the project there might be a lot of waste produced. Given the nature of the materials involved with most DIY projects, you shouldn’t just throw away everything that you ...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
More Listings Are Coming onto the Market Some Highlights Worried you wont be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year. Having additional options can make the search for your next home. But inventory is still low overall, which means your house should still stand out when you sell. If your biggest question is where you'll go if you sell, take this as encouraging news. Lets connect to start the process today.    
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By Dorie Dillard Austin TX, NW Austin ~ Canyon Creek and Spicewood/Balcones
(Coldwell Banker Realty ~ 512.750.6899)
May was another amazing month! Our NW Coldwell Banker office crushed it with an astonishing 32 agents eligible for the May Million Dollar Club by listing, writing business or closing sales of 1 Million or more! We are seeing a shift in the market with longer days on market and not as many multiple offers, but we are all adjusting and adapting to the market, our results speak for themselves.     It’s exciting to see everyone's hard work in servicing their clients. Our office closed 87 transactions for $52.4 million with an average price of $603,000 and 23 leases. We listed 55 homes for $44.5 million, with an average price of $810,000 and wrote 77 contracts for $48 million with an average price of $630,000 and wrote 24 leases! I love working in an office where everyone works together in a...
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Texas Real Estate Agents and Real Estate Professionals