All About Texas Real Estate

By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Will My House Still Sell in Today's Market? If recent headlines about the housing market cooling and buyer demand moderating have you worried you've missed your chance to sell, here's what you need to know. Buyer demand hasn't disappeared, its just eased from the peak intensity we saw over the past two years.Buyer Demand Then and NowDuring the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation, buyer demand pulled back or softened as a result. The latest data from ShowingTime confirms this trend (see graph below):The orange bars in the graph above represent the last few months of data and the clear cooldown in the volume of home showings the market has seen since mortgage rates...
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By Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
"WE DON'T KNOW THEM ALL, BUT WE OWE THEM ALL"---Anonymous Supporting VFW AUXILIARY 9168 in Lewisville, Texas is an honor and a privilege. Today, as in previous years, I reaffirmed my pledge as our 491,000 members stand strong for America's veterans.During the past year, the VFW Auxiliary members:  Provided $6.2 million dollars in assistance to veterans, active-duty military, and their families Volunteered more than 630,000 hours in VA Medical Centers, hospitals, and other facilities Made nearly 120,000 legislative contacts to help pass or block bills impacting veterans Distributed more than 374,000 United States flags to local communities Worked with more than 413,000 people Awarded $169,000 in scholarships   VETERANS BY STATE FOR YEAR 2022Alaska                               64,765Mont...
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By Dorie Dillard Austin TX, NW Austin ~ Canyon Creek and Spicewood/Balcones
(Coldwell Banker Realty ~ 512.750.6899)
It's hard to believe it's been three years (9/30/2019) since you left this earth. We considered ourselves a dynamic duo in real estate and away from work we traveled the world hand and in hand, exploring new frontiers. In 1996 we traveled with a group of friends on the Inaugural Royal Caribbean cruise line:                           "The Splendour of the Seas" We were in Monte Carlo and after a trip inside of the Monte Carlo Casino we felt they lived up to their philosophy “we should do nothing here, as it is done elsewhere.” An unforgettable experience! Thanks for the memories Geno ♥         If you knew Geno, your world was expanded and brightened with his infectious smile, jocular humor and revered advice/mentorship. No matter if you were a passing stranger, colleague, new or old frie...
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By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Nexa Mortgage, NMLS #1660690)
Mortgage Rates Jump to Over 7%!  Is It Time To Panic?Mortgage Rates have increased to 6.83% for conventional loans for a national average as of September 16th, 2022 but historically that is not too bad.  FHA, VA, and USDA  mortgage rates are near 5.75% nationally.  This is the highest mortgage rates have been since 2002.  But it is not something to panic about.The federal reserve is likely to take steps to increase the interbank offering rates by another .75 points at the next meeting.  This will have an immediate impact on credit cards, HELOCs, and bank loans. These rates are built into the mortgage rates already but we still could see some higher mortgage rates before the inflation rate is tamed.So should you as a home buyer be panicking now? Absolutely not.This is an opportunity for ...
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By Dorie Dillard Austin TX, NW Austin ~ Canyon Creek and Spicewood/Balcones
(Coldwell Banker Realty ~ 512.750.6899)
When you get location plus a well-maintained home, a private backyard haven, at a great price, it is the total package! And with the new improved price the package is even better!    This spacious 2 story home in highly coveted Fern Bluff in Brushy Creek is nestled behind lush landscaping with a much desired front porch elevation.  Guests and family will be warmly welcomed to an inviting entry with a stylish staircase. Who doesn’t love an open layout?     An updated kitchen with granite counters, subway tile backsplash, stainless appliances, window above the under mount stainless sink, overlooking park like backyard.     Cozy family room with fireplace overlooking a deck and lovingly cared for gardens, with carefully chosen native plants.     There are 3 spacious bedrooms upstairs inclu...
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By John Dunham, N Central Austin
(Juice RE Group at Compass)
The numbers on everyone's mind these days - what does inventory look like, how are prices fairing, what are these rate hikes doing to the market... In short, pretty much exactly what they're designed to do...Inventory crept up over the summer and August was certainly a crescendo of inventory levels. Where only a few months ago, homes sat on the market for 12 days, Austin is now looking at almost a month to sell...What does that mean for Buyers and Sellers as we officially enter the 🍂 Fall Market 🍂?✨ 1 - No market lasts forever... for better or worse. The key is finding the unique opportunities that each market brings and aligning those with your real estate goals. Market adjustments the last 3 years have been swift and quick to pivot.✨ 2 - Buyers, we're lookin' at you 👀! Yes, interest r...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Watching the Stock Market? Check the Value of Your Home for Good News.While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you're a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here's how it works.Equity is the current value of your home minus what you owe on the loan. Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a purchase over the past few years, home prices appreciated substantially. And while rising inventory and mortgage rates have cooled the market some in recent ...
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By Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
"I wake up some mornings and sit and have my coffee and look out atmy beautiful garden, and I go, 'Remember how good this is.' Because you can lose it."---Jim CarreyI went to bed last night and Florida was on my mind. When I woke up, Hurricane Ian was still at the forefront of my mind. I pray all Floridians are safe and doing the best they can to handle the hurricane situation. ActiveRain has many members who live in Florida. Many of us have family or friends dealing with the weather, flooding, power outages, food, etc., in Florida or in cities and states the hurricane may still hit causing damage. A hurricane is much more than an inconvenience.Jim Carrey made a good point. We can never take anything for granted. For some Floridians, I'm sure they would love to have a good hot or cold c...
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Conventional 30 year Mortgage: 6.5%Credit score:740LTV:75%Loan Amount: $300kAPR: 6.67%FHA 30 year: 6.25% Credit Score:740LTV:96.5%loan amount: $300kAPR: 6.79%Conventional 15 year: 5.875%Credit score:740LTV:75%Loan Amount: $300kAPR: 5.96%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 Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
How to Pick an Air CompressorWhen you own a home, it’s important to have the tools that are necessary to make little repairs, or even do major DIY if that’s your thing. One of the most useful tools you can add to your collection is an air compressor. An air compressor can do so many things around the house, from helping you keep screens and vents debris-free, to airing up car tires and other inflatables, and even powering a whole collection of useful tools. But how do you pick the perfect air compressor for your projects? Don’t worry, it’s easier than you may think. First, Choose Your Air Tools Before you can really select an ideal air compressor, you need to know what you’re going to do with it. Are you going to use it to power an air nailer to help you install new trim work throughout...
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By Dorie Dillard Austin TX, NW Austin ~ Canyon Creek and Spicewood/Balcones
(Coldwell Banker Realty ~ 512.750.6899)
It’s a special day to celebrate National Son’s Day. Every day is a new day. Some days we laugh others we cry but you have blessed my life like I could have never imagined John Dunham.                                   u “You don’t raise heroes, you raise sons. And if you treat them like sons, they’ll turn out as heroes, even if it’s just in your own eyes.”  Wally Schirrau “A mother’s love doesn’t make her son more dependent and timid; It actually makes him stronger and more independent.”  Cheri Fulleru “Sons are the anchors of a mother’s life.” Sophoclesu “Men are what their mother’s made them.”  Ralph Waldo Emerson     
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By Salas Home Team, #1 Team in Real Estate Specialty Services
(Realty Preferred DFW)
Casa Abierta Este Fin de Semana 1 y 2 de Octubre de 1:00pm a 3:00pm.3418 y 3422 Keyridge Dr. Dallas TX 75241Las casas tienen 1,447 pies cuadrados por planos. Cuentan con 3 habitaciones, 2 baños completos y garaje para 2 autos. Las cocinas cuentan con gabinetes de madera  hechos a medida, coberturas de granito y electrodomésticos de acero inoxidable. Pisos de tablones de vinilo de lujo en las cocinas y sala, y alfombras en los dormitorios. Además de enormes closets en las recámaras principales, todos los closets cuentan con iluminación propia. Los dormitorios principales y las áreas de estar están cableados para tomas de televisión y cable. El exterior de estas casas tiene patios cubiertos, con grandes patios traseros.Estas casas califican para un programa de asistencia disponible por $1...
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By Salas Home Team, #1 Team in Real Estate Specialty Services
(Realty Preferred DFW)
Open House This Weekend October 1st and 2nd from 1:00 pm to 3:00 pm. 3418 and 3422 Keyridge Dr. Dallas TX 75241The homes are 1,447 sq ft per plan. They feature 3 bedrooms, 2 full baths, and a 2 car garage. The kitchens feature custom made solid wood cabinets, granite countertops, and stainless steel appliances. Luxury vinyl plank floors are in the kitchens and living areas, and carpet is in the bedrooms. In addition to huge closets in the master bedrooms, all the closets have their own lighting. The master bedrooms and living areas are wired for tv outlets and cable. The outside of these homes has covered patios, with great backyards. These homes qualify for a Grant Program available for $10,000 to $15,000 or also another loan program available with zero down payment and zero closing co...
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By James Potenza New Home REALTOR®, Houston New Construction Homes
(HOUSTON New Home REALTORS®)
Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 47,000 REALTORS® HOUSTON HOUSING REMAINS ROBUST IN AUGUST AS THE MARKET COOLDOWN CONTINUES Slowing home sales and rising inventory reflect a move toward pre-pandemic conditions   HOUSTON — (September 14, 2022) — The Houston housing market continued easing its way to pre-pandemic levels with an August that marked the fifth consecutive month of declining sales and rising inventory. However, a surge in single-family leases demonstrates that consumers didn’t just suspend purchases due to rising prices and interest rates, but they pivoted to the rental market. These factors have enabled housing inventory to grow to its highest level in two years.    According to the Houst...
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By Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
Who are the Crowley Chamber Trio?Kristin Van Cleve, violinMarie-Thais Oliver, violoncelloAndrey Ponochevny, piano Why attend a concert?To see the results of what a musician can learn over a lifetime to improve skills by practice, focus, and listening with total dedication.To witness what the integrated parts of the body, mind, and soul can achieve.To be inspired and hear the difference between a live performance and any other source or type of music.To enhance your own creativity by being fully immersed with undivided attention.To go off the grid physically and mentally without distractions.To be motivated and respectfully entertained.To celebrate the lives of musicians with honor. Program for September 26 and 27, 202214 Variations in E-flat Major for Piano, Violin and Violoncello, Opus...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Top Reasons Homeowners Are Selling Their Houses Right Now Some people believe there's a group of homeowners who may be reluctant to sell their houses because they don't want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you're thinking about selling your house.Data shows 51% of homeowners have a mortgage rate under 4% as of April this year. And while its true mortgage rates are higher than that right now, there are other non-financial factors to consider when it comes to making a move. In other words, your mortgage rate is important, but you may have other things going on in your life that make a move essential, regardless of where rates are today. As Jessica Lautz, Vice President of Demographics and Behavioral Insig...
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By Dorie Dillard Austin TX, NW Austin ~ Canyon Creek and Spicewood/Balcones
(Coldwell Banker Realty ~ 512.750.6899)
It’s a special day to celebrate, National Daughter’s Day. Here are some random quotes that express my love for my beautiful daughter Melissa.                                       u “A daughter is God’s way of saying I thought you could use a lifelong friend.” …..Unknownu A mother’s treasure is her daughter.”  Catherine Pulsiferu “A daughter is someone you laugh with, dream with and love with all your heart.”….Unknownu “A daughter is just a little girl who grows up to be your best friend.” ….Unknownu “The most precious jewels you’ll ever have around your neck are the arms of your children.” …Cardinal Mermillod 
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By Tracy Lee Parker, Buy*Sell*Lease
(RE/MAX DFW Associates/PLATINUM PROPERTIES & MANAGEMENT)
Modern New Homes in Fate, Texas I took a tour last week of some new construction homes. I was pleasantly surprised at the changes the builders are offering in new construction with modern elegance as the theme! Here is what caught my eye ( besides my cute model !! )   Wallpaper accents Feature walls Commercial grade appliances Modern wood flooring Lighting fixtures with wood look accents Bronze fixtures & faucets Electric fireplaces built ins & flat screen wiring above Soaring vaulted ceilings Quartz countertops Attention grabbing entryways Contemporary/craftsman front doors, Glass doors to pantries Luxe ensuite with free standing tubs Outdoor living with extended covered patios & SO MUCH MORE! Please message me to help you navigate the new home process! Not only do I help  you find the...
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By Erika Rae Albert, Austin Real Estate Expert, Exceeding Expectations in Every Transaction
(E-Rae Realty)
  The Austin real estate market looks a lot different than it did just a few months ago.  Where buyer’s once had to offer over asking price, free seller leasebacks, and stipulations to name their first born child after the seller just to purchase a home we are now seeing something very drastic.  Sellers are, more times than not, getting one offer rather than twenty-six, offering monetary concessions to the buyer, and even accepting offers lower than their asking price.  This does not imply the greater Austin real estate market is imploding; rather, the market is simply shifting.This shift is predominantly due to two main factors - rising interest rates and increased supply. Earlier this year, mortgage rates were around 3.5%.  Now, they are around 6%, and I wouldn’t expect them to go do...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
What Experts Say Will Happen with Home Prices Next YearExperts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you're asking yourself: what's ahead for the price of my home, know that experts are now answering this question, and its welcome news for homeowners who may have been led by the media to believe their home would lose value.Historically, home prices have appreciated at a rate near 4%. For 2023, the average of six major forecasters noted below is 2.5%. While one, Zelman & Associates, is calling for depreciation, the other five are calling for appreciation. The graph...
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Texas Real Estate Agents and Real Estate Professionals