homebuyers: HomeBuyer Demand High As Sales Stay Above Last Year - 07/26/17 07:06 AM
New numbers from the National Association of Realtors show sales of previously owned homes were slightly above year-before levels in June, though they fell from the month before. The month-over-month drop was primarily blamed on there being too few homes for sale, as buyer demand has been relatively high.
Lawrence Yun, NAR's chief economist, says available inventory remains low and it's pushing prices higher. “Closings were down in most of the country last month because interested buyers are being tripped up by supply that remains stuck at a meager level and price growth that's straining their budget,” Yun said. “The demand … (2 comments)

homebuyers: Are Down Payment Misconceptions Holding HomeBuyers Back? - 09/28/16 10:45 AM
New research shows many potential home buyers have misconceptions about how much they need to have saved for a down payment. The most often cited amount is 20 percent of the price of the house. But, depending on the type of loan, it could be much less and large numbers of eligible buyers don't know that. In fact, according to the National Association of Realtors' quarterly HOME survey, awareness of low-down payment mortgage options was low across all age groups but particularly among Americans over 65 and under 35.
In fact, almost 40 percent of young adults believe they'll need more … (2 comments)

homebuyers: Why Is A Final Walk Through Inspection Of Your New Home So Important? - 06/16/14 12:00 PM

It’s almost time for the closing on the Dallas home you’re buying and you can’t wait. You go to the property for the final walk-through inspection. You’re so busy thinking about where the furniture is going to go and what color you’ll paint the walls, you breeze right through the house.
It’s after closing and moving day has arrived. Your movers have already packed up your old house and are waiting for you to show up and unlock the door at your new Dallas home. You enter the house only to find that the repair the sellers were supposed to … (1 comments)

homebuyers: Buying an Uptown Dallas Condo is a True Lifestyle Decision - 12/23/13 01:38 AM
Is Buying a Uptown Dallas Condo Right for You?
Buying a Dallas Condo Involves Amenities, Lifestyle Choices
 
Existing home sales rose nationally throughout 2013 – and included in those numbers were a good many condominiums. If 2014 will find you investigating the market for a new home, it may be time to give condo living a serious thought.  Buying a condo in Dallas can provide many of the benefits of home ownership minus much of the worry that goes with keeping your property. Of course, whether buying a condo is the right housing solution depends on the buyer as … (0 comments)