plano realtor: Over Half of Americans Planning on Buying in the Next 5 Years
- 04/12/16 06:03 AM
According to the BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said that they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report also included other interesting revelations. Those Looking to Buy 74% of those looking to buy a new home will consult with a real estate agent 59% said they will visit online real estate websites 37% will seek recommendations from friends and family 78% plan to get pre-approved before seriously … (0 comments)
plano realtor: Market Watch: You Can Save for a Down Payment Faster Than You Think
- 04/11/16 04:25 AM
In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home. Depending on where you live, median rents, incomes and home prices all vary. By determining the percentage of income a renter spends on housing in each state, and the amount needed for a 10% down payment, they were able to establish how long (in years) it would take for an average resident to save. According to the study, residents in South Dakota are able to save for a down payment the quickest in … (0 comments)
plano realtor: Plano Open House Weekend! Make sure to drop by, one of them could be your Dream Home! Call us for more information 214-284-8779.
- 04/08/16 06:25 AM
Plano Open House Weekend! Make sure to drop by, one of them could be your Dream Home! Click on this link to view all the available properties! Call us for more information 214-284-8779. Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1!
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plano realtor: Real Estate Market Watch:More & More Singles Are Falling For Their Dream Home
- 04/08/16 06:01 AM
Some Highlights: 24% of all recent home buyers were single at the time of purchase. 47% of single men cite the desire to own a home of their own as the primary reason to buy. 18% of first-time buyers were single women. Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1! … (1 comments)
plano realtor: Building Wealth: First Rung on the Ladder is Housing
- 04/07/16 01:44 AM
How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is “an online resource for the most rigorous research and practical information on how a quality, stable, affordable home in a vibrant community contributes to individual and community success”. A recent story they published, The First Rung on the Ladder to Economic Opportunity Is Housing, discussed the importance of having affordable housing available to as many families as possible because: “The ladder to economic success can stretch only so high without the asset-building power of homeownership. Home equity provides Americans with the ability to send their children to college with … (0 comments)
plano realtor: Real Estate Market Watch: 2016 Will Be the Best Year in a Decade
- 04/06/16 05:27 AM
A few weeks ago, Jonathan Smoke, the Chief Economist at realtor.com, exclaimed: “All indicators point to this spring being the busiest since 2006.” Now, Freddie Mac has doubled down on that claim and is saying that 2016 will be the best year that the real estate industry has seen in a decade. In their March Housing Outlook Report, Freddie Mac explained: “Despite the challenges facing the housing market, we expect this to be the best year for housing in a decade. Home sales, housing starts, and house prices will reach their highest level since 2006 according to our latest forecast…Challenges remain, with low housing supply and declining affordability being a … (0 comments)
plano realtor: Wonderful house for a growing family! 4 bedrooms, 2 living areas. Vaulted beamed ceiling in Family & Kitchen. $240,000 4404 HARTFORD DRIVE PLANO, TX
- 04/05/16 06:31 AM
$240,000 4404 HARTFORD DRIVE PLANO, TXMLS: 13348270 Type: Single Family County: Collin City: Plano Neighborhood: Highlands North #5 Zip: 75093 Style:Traditional # Rooms: 10 Stories: 1 Taxes: $4,949 Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1!
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plano realtor: Rent or Buy: Either Way You’re Paying A Mortgage
- 04/05/16 04:57 AM
There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either your mortgage or your landlord’s. As The Joint Center for Housing Studies at Harvard University explains: “Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s … (0 comments)
plano realtor: Don’t Wait! Move Up To Your Dream Home Now!
- 04/04/16 03:27 AM
Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates have stayed near historic lows. Sellers should realize that waiting to make the move when mortgage rates are projected to increase probably doesn’t make sense. As rates increase, the price of the house you can afford will decrease if you plan to stay within a certain budget for your monthly housing costs. Here is a chart detailing this point: According to Freddie Mac, the current 30-year fixed rate is currently around … (0 comments)
plano realtor: Plano Open house weekend! all under $350,000! make sure to click this link to view all the available properties for sale!
- 04/01/16 07:24 AM
Plano Open house weekend! all under $350,000! make sure to check this links to view all the available properties for sale! Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1!
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plano realtor: Just Listed Homes in Plano TX all under $350k! Make sure to check them out, one of them could be your dream home!
- 04/01/16 06:19 AM
Just Listed Homes in Plano TX all under $350k! Make sure to check them out, one of them could be your dream home! click on this link for more information. Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1! … (2 comments)
plano realtor: Don't Be Fooled... Home ownership Is A Great Investment!
- 04/01/16 05:18 AM
Some Highlights: Harvard University's Joint Center of Housing Studies recently released the top financial & emotional reasons to own a home. Owning is a good way to build up wealth that can be passed along to your family as it is usually a form of "forced savings." Whether you rent or own, you are paying a mortgage. Yours when you own, your landlord's when you rent. Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? … (0 comments)
plano realtor: Market watch: 2016 Home Sales Doing Just Fine!!
- 03/31/16 05:13 AM
Some of the housing headlines are causing concern for some consumers who are in the process of either buying or selling a home. Pundits are concerned over the lack of new construction or the month-over-month sales numbers. Let’s set the record straight; 2015 was a good year for residential real estate in the United States and 2016 is starting out stronger. Here is a graph of total homes sold (new construction and existing homes) in the first two months in 2016 compared to last year: Will this momentum continue?If we look at foot traffic (the number of purchasers currently out looking at homes), … (0 comments)
plano realtor: Market Watch: Past, Present & Future Home Values
- 03/30/16 01:18 AM
In CoreLogic’s latest Home Price Index, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month, and projected appreciation over the next twelve months. Here are state maps for each category: The Past – home appreciation over the last 12 months The Present – home appreciation over the last month The Future – home appreciation projected over the next 12 months Bottom LineHomes across the country are appreciating at different rates. As we have mentioned before, the rate of home price appreciation across the country is due to a strong housing market reacting to supply and demand, and not a new housing bubble. If you plan on relocating to another … (1 comments)
plano realtor: Market Watch: Sales Contracts Hit Highest Level in Months
- 03/29/16 07:50 AM
The National Association of Realtors (NAR) just announced that the February Pending Home Sales Index reached its highest reading since July 2015. What is the Pending Home Sales Index (PHSI)?NAR’s PHSI is “a forward-looking indicator based on contract signings”. The higher thePending Home Sales Index number, the more contracts have been signed by buyers that will soon translate to sales. February’s Index rose 3.5% month-over-month to 109.1. What does this mean for the market?Lawrence Yun, NAR’s Chief Economist explained: "After some volatility this winter, the latest data is encouraging in that a decent number of buyers signed contracts last month, lured by mortgage rates dipping to their lowest levels in nearly a year … (1 comments)
plano realtor: The Top 5 Reasons You Should Not For Sale By Owner
- 03/28/16 02:08 AM
In today's market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers. Here are five of those reasons: 1. There Are Too Many People to Negotiate With Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner: The buyer who wants the best deal possible The buyer’s agent who solely represents the best interest … (1 comments)
plano realtor: Market Watch: Home Sales Up Year-Over-Year
- 03/25/16 06:22 AM
Some Highlights This is the 48th consecutive month with year-over-year price gains. Lawrence Yun, NAR's Chief Economist says that, "The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening many potential buyers." Inventory is still below historic norms at a 4.4 month supply. Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly … (0 comments)
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