One Minute Market Video & Affordable Homes

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Real Estate Agent with DFW FINE PROPERTIES 0506509

 

Click the link below to see what's happening in rate movement, the economy, and the housing market.  

 

ONE MINUTE MARKET VIDEO

 

In Flower Mound, TX, population 69,966 as of 2019,  the cost of living in Flower Mound is 33% higher than the Texas average, the cost of living is 20% higher than the national average, the cost of housing is 62% higher than the national average, the general sales tax is 23% higher than the national average, and the Texas state income tax is 100% lower than the national average per Areavibes. Yet, people continue to choose Flower Mound as their city of choice to live for reasons, such as schools, taxes, and close proximity to DFW Airport and Dallas Love Field.  

 

Affordable homes under $300,000.00 continue to lesson due to low inventory and buyers are losing opportunities if they are not buying if conditions don't meet expectations as seen on (unrealistic) TV Reality or other home programs produced to influence and persuade consumers based on actors and scripts leading people to believe buying a home is easy and do-it-yourself projects are fun. Hired contractors, in reality, are more expensive. Custom homes are very expensive and the renovation is not cheap. If everyone had the same income, taste, style, and needs, homes would perhaps be perfect, but the reality is no home is perfect. Maintenance is a reality. Homeowners can only do what they can do and expectations by buyers are not always a reality. The true reality is, nobody, not even homes that are pre-existing or new are perfect. But for those who rented and now own, many appreciate having their own home to build equity, even if it isn't perfect rather than rent. 

 

People can learn to live within their means if they understand finances, economics, supply and demand and weigh what is most valuable to them, such as schools, location, and other factors unique and important to each and every individual. The greatest benefit to those who own and who are willing to make sacrifices know they aren't contributing to a Landlord or an Investor's retirement goal for wealth opportunities. 

 

 

Because it looks like a duck, swims like a duck,

and quacks like a duck, it is a duck ---anonymous

 

Because it looks like a home, built like a home, and sold like

a home with all its imperfections it is a home

---Patricia Feager

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Real Estate Commission Consumer Protection Notice  

 

 dfw fine properties

 

DFW FINE PROPERTIES

                                        2900 W Southlake Blvd, Suite 180
                                        Southlake, TX 76092
                                        Office: 817-748-4800/FAX: 817-748-4900

                                         Patricia Feager
                                                        Cell: 469-951-4758

                                                        Email: patricia.feager@gmail.com

 

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ertified RE Probate Specialist

"With self-discipline most anything is possible." --- Theodore Roosevelt 

 

 

  

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Rainmaker
666,160
Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Thanks Patricia Feager, MBA, CRS, GRI,MRP I liked watching the market news to music with graphics. Jeff 

Jul 27, 2019 10:41 AM #1
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Anna Banana Kruchten CRB, CRS 602-380-4886
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana!

Hi Patricia Feager, MBA, CRS, GRI,MRP lots of intereting stats about Flower Mound. Prices going up as is the case in my area as well.  Loved this quote of yours....

Because it looks like a home, built like a home, and is

a home with all its imperfections it is a home

---Patricia Feager

 

Jul 27, 2019 11:36 AM #2
Rainmaker
2,498,934
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Patricia, a quote came to mind when reading this post..."Home is where the heart is". No matter what it looks like to others, it is only important to the one living in the house.

Jul 27, 2019 06:57 PM #3
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Oh, I love your Flower Mound stats, Patricia and take on finance and affrordability in housing. You already know we're both on the same page!

And, I'm so with you - there IS no perfect home. That is one sentence that I always cringe when I hear a buyer say, "I won't stop until I find the perfect home!"  YIKES!

Hope you're having a great weekend.

Jul 28, 2019 12:16 AM #4
Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Patricia - people choose their "right" place to live based on a multitude of reasons.  We may not always know unless we ask and carefully listen.  Knowing and understanding statistics help but sometimes it's something we haven't even thought about it but it is expressed naturally because we totally know the subject and perhaps the conversation has flowed because of it or in spite of it --- we just never know.  Be prepared.  Listen.  Respond appropriately.  

Jul 28, 2019 12:03 PM #5
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Patricia, Flower Mound, Texas must be an exceptional place to live if people are willing to pay the higher costs.

Jul 28, 2019 02:02 PM #6
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Rainmaker
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Patricia Feager, MBA, CRS, GRI,MRP

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