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Dallas-Fort Worth Real Estate and Homes

Mortgage Interest Rates Just Went Up… Should I Wait to Buy? | Simplifying The Market

Mortgage Interest Rates Just Went Up… Should I Wait to Buy?

 

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Along with Freddie Mac, Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors are all calling for mortgage rates to continue to rise over the next four quarters.

This has caused some purchasers to lament the fact they may no longer be able to get a rate less than 4%. However, we must realize that current rates are still at historic lows.

Here is a chart showing the average mortgage interest rate over the last several decades.

Mortgage Interest Rates Just Went Up… Should I Wait to Buy? | Simplifying The Market

Bottom Line

Though you may have missed getting the lowest mortgage rate ever offered, you can still get a

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5 Reasons to Hire a Real Estate Professional When Buying & Selling! | Simplifying The Market

 

Whether you are buying or selling a home, it can be quite an adventurous journey; you need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.

The 5 Reasons You NEED a Real Estate Professional in your corner haven’t changed, but rather have been strengthened, due to the projections of higher mortgage interest rates & home prices as the market continues to pick up steam. 

1. What do you do with all this paperwork?

Each state has different regulations regarding the contracts required for a successful sale, and these

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Existing Home Sales Surge Forward Through Fall [INFOGRAPHIC] | Simplifying The Market

 

Some Highlights:

  • The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report.
  • First-time homebuyers made up 33% of all sales in October.
  • Homes are selling quickly with 43% of homes on the market for less than a month.
  • A limited supply continues to drive up prices for the 56th consecutive month.
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Thinking of Selling? Don’t Overlook an Outdated Kitchen, Buyers Won’t | Simplifying The Market

Thinking of Selling? Don’t Overlook an Outdated Kitchen, Buyers Won’t

 

If you are planning on listing your home for sale, make sure that you don’t overlook the condition of your kitchen. A recent article on realtor.com listed “7 Signs Your Kitchen Is Way Overdue for a Renovation,” in which they warned:

“Dated kitchens—just like bathrooms—are a major barrier for resale. Buyers want modern amenities and styling, and most aren’t interested in renovating post-purchase.”

Kitchen remodels can be pricey, with many complete remodels costing $20,000 or more. But not every kitchen needs a full remodel. There are many smaller projects that will help buyers see themselves trying their favorite Pinterest recipe in your home!

Here are

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Located near Colleyville's border with Southlake, The Overlook at Colleyville is the setting for 73 one-half to one-third acre luxury home sites in the sought after Grapevine-Colleyville school district.   Toll Brothers is the exclusive new home builder in this latest addition to Colleyville luxury real estate.  

The Overlook at Colleyville Home for Sale

The Overlook at Colleyville first saw pre-sales of new homes in the summer of 2014.  Tucked away off Pleasant Run Road (South White Chapel in Southlake), it may have taken folks a little bit longer to discover the neighborhood.  There's just one entry into the addition and for a while, at the start of construction, the entrance was obscured by the tree lined road.  But with easy access to all the offerings of both Colleyville and Southlake

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2518 Ralston Drive in Trophy Club's Highlands addition hits the market March 1.  This home offers what many buyers consider the "perfect" floorplan.  The master plus one additional bedroom with full bath are located on the first floor, and there's an additional room down that could be a secondary office, playroom, music or "mom's" study. 2518 Ralston Drive, Trophy Club, TX Upstairs is a dual level media room, separate gameroom plus three additional bedrooms; two share a Jack and Jill bath while the third is split and features it's own bath.  

In addition to the exceptional floorplan, the home on Ralston offers up a saltwater "smart" pool on an oversized lot that leaves plenty of room for additional play space.  Those who enjoy outside entertaining will love the stone grill and covered

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NOW OPEN JANUARY 2016! * Amazing Lash Studio: Amazing Lash Studio recently opened in Kimball Oaks at 2221 E. Southlake Boulevard, Suite 300. This lash studio can give you a new look in less than an hour with lash extensions that look and feel like your own natural lashes. (817) 310-9407 www.AmazingLashStudio.com 

Bicycle World: Bicycle World recently opened in Carroll Pointe at 1201 E. State Highway 114, Suite 150. This is a bicycle sales and service store. (817) 251-9202 www.VisitBicycleWorld.com 

Salata: Salata recently opened in Carroll Pointe at 1241 E. State Highway 114, Suite 100. They have more than 50 fresh ingredients to build fully customizable salads and wraps. Gluten-free certified, choose from an array of lettuce, vegetables,…
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Vineyard Creek Estates Grapevine Home for SaleGrapevine  rounds out 2015 with perhaps more new construction homes built than in any other year in recent memory.  The addition of Vineyard Creek Estates to the list of new home neighborhoods is welcome by Grapevine home buyers, as low inventory still plagues the area.  Emerald Homes, a luxury division of DR Horton Homes, was the first builder to raise roof in the addition, with MHI's Plantation Home's breaking ground just in time for end of year celebrations.  

Located east of Highway 121 at Hall Johnson Road, the neighborhood is just minutes from historic Downtown Grapevine and offers convenient access throughout the DFW Metroplex. 

With Emerald offering 10 floor plans and an additional 11 offered up by Plantation, Grapevine home buyers have

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DFW developer Centurion American has delivered new construction lots on the south side of Roanoke's Bobcat Boulevard to builder Megatel Homes.  In the works since 2013, the intimate seven acre gated community known as Glenmere will offer residents to just 30 home buyers.  Most home buyers in the area assume Glenmere is part of Glenmere Addition Roanoke TX Home for Saleneighboring Trophy Club... and that makes perfect sense.  The main entrance into the subdivision not only sits on Bobcat Blvd, an entrance into Trophy Club off 377 just north of 114, but Glenmere also shares the heritage golf course naming protocol of many Trophy Club neighborhoods. The Glenmere community sits, quite literally, in the shadow of Byron Nelson High School.  Yet Glenmere is actually in the city of Roanoke. That's a

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Keller ISD Feeder Patterns Changing

Changes are on the horizon for home buyers in the Keller School District.  The District originally announced changes surrounding the 2014 Bond Election that would address inconsistent feeder patterns and balance enrollment numbers in the four Keller ISD high schools: Central, Timber Creek, Fossil Ridge and Keller High.  In a special November 2015 Board of Trustees Meeting, the District added some additional proposed feeder pattern changes to accommodate population growth due in part to the high volume of new homes within the KISD.

 2015-16 Keller School District Feeder Patterns

$169.5 Million Bond Election Creates Changes in the KISD

Home owners in the Keller ISD approved three new schools in the $169.5 million bond election including the 23rd

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