It is a strong buyers market in North Texas this November. Many home sellers and home builders are offering the best discounts of the year. The home sellers are advised to wait to sell until January, if possible.
Are you ready for a real estate shake-up? Hold on tight because the game is changing, and it’s hitting home buyers and sellers where it hurts the most – their wallets! Get this: a legal bombshell called the Sitzer-Burnett lawsuit just dropped right before the Thanksgiving holidays, and it’s turning the real estate world upside down.
June 10, 2023 by Elena Garrett Many people believe that the best time to sell a home is… well… whatever time they find convenient. But nothing could be further from the truth. Aiming for convenience does not always equals best results profit-wise. An average middle-range priced home may receive as Read more…
Here are some important update that I wanted to send out to everyone who may be thinking about buying a house in 2023. The real estate market has shifted significantly after August 2022: which lead to the following changes. 1. Home prices tumbled (in some areas, by over $50,000-$100,000 per Read more…
March 2033, by Elena Garrett Many home shoppers experience sticker shock at the cost of home mortgages in 2023. Elena and Melissa Condensa from Guild Mortgage go over a few recent changes to home loans that may help home buyers to stay within their budget while everyone else scrambles. A Read more…
By Elena Garrett Starting in April 2023, it may cost many home loan borrowers even more money to use conventional loans. Elena and Melissa Condensa from Guild Mortgage discuss the changes and what they mean for people’s home-buying plans in 2023. A short overview of the discussion: For borrowers with Read more…
Any rent vs. own calculator can show you the obvious short-term costs of renting that are easy to see and calculate. There are also a number of hidden and delayed costs that are much harder to estimate in a spreadsheet, but that over time can compound to become very noticeable and detrimental to the family’s financial growth.
A well-designed insurance policy can pay off the entire remaining balance of your mortgage, as well as cover the costs of other living expenses for your family in the event any of the following happens to you or your spouse:
death
long-term disability
critical illness (such as cancer, heart attack, stroke, organ failure, loss of mobility, etc)
terminal illness
serious illnesses preventing employment for 90 days or more
Elena’s home buying forecast for 2022 In a word: the forecast is difficult. The buyers planning to buy in the DFW area in 2022 need to be prepared for intense competition for homes, which means that they need to either 1) find ways to find the extra cash to win Read more…
Can I use my current house as a down payment on a new home? YES. Call (469) 371-4961 to discuss the currently available home swap options. There are a couple of ways to buy a new home and dispose of your old house without losing your sanity in the process! Read more…
About Elena
Hi, my name is Elena Garrett, and I am a real estate agent with Keller Williams Central 75 brokerage in Dallas – Fort Worth. I work with both residential and commercial real estate transactions.
Reach out to me with any questions or comments on my blog.
(469) 371 4961
egarrett @ kw.com
