Buyers/Sellers

A Millenials Guide

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The saying “If you fail to plan… then plan to fail” is never truer than when you are buying or selling one of the largest investments you make.

We have put together the best comprehensive guides for you, whether a first time home

 buyer, a buyer who has purchased more than one home in the past or someone who is planning to sell now or in the near future. They are to help educate and to inform you & our clients about things to consider when making your next move. We update these guides 4 times a year so you have up to date information because “Keeping Current Matters”! 

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A Millennial’s Guide to Homeownership

The “Millennial Guide” is a content-packed guide that offers our clients info to simply and effectively explain the market’s current homeownership opportunities to a booming demographic that often finds itself stuck in the “rental trap” for renters. 

Don’t Wait To Sell Your House! Buyers Are Out Now | Highland Shores, Highland Village, TX

Finding a home for buyers right now is still challenging in the North Texas area. Especially first time homebuyers. Sellers are realizing that now is the perfect time to sell, with high demand, however, the interest rates are starting to tick-upwards and this will cause a slight decline in buying power for the buyers. Now is the time to sell if you have been on the fence.

Don’t Wait to Sell Your House! Buyers Are Out Now | Simplifying The Market

Don’t Wait to Sell Your House! Buyers Are Out Now

Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high.

Let’s see how this applies to the current residential real estate market.

SUPPLY

It is no secret that the supply of homes for sale has been far below the number needed to sustain a normal market for over a year at this point. A normal market requires six months of housing inventory to meet the demand. The latest report from NAR revealed that there is currently only a 3.6-month supply of houses on the market.

Supply is currently very low!

DEMAND

A report that was just released tells us that demand is very strong. The most recent Foot Traffic Report (which sheds light on the number of buyers who are actually out looking at homes) disclosed that “foot traffic grew 10.5 points to 52.4 in March as the new season approaches.”

Demand is currently very high!

Bottom Line

Waiting to sell will only increase the competition between you and all of the other sellers putting their houses on the market later this summer. If you are debating whether or not to list your home, let’s get together to discuss the conditions in our market.

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Don’t Miss Out…Super Charge Your Home Search | Homes for Sale, Highland Village, TX

Super Charge Your Search for Properties that are FOR SALE and FOR RENT!

Home Buyers

Sick of the other guys having properties that are no longer for sale? Want up to the minute real estate and rental data? Tired of your questions going unanswered? Need access to millions of property listings in almost every state? Get your up to the minute real estate and rental data now-look no longer.

Step into the future of real estate and supercharge your smartphone with the best property info now. Download the Millions Mapped App Click Here

Investors

Wondering what the rental prices are in an area? You can quickly see when you pull up the downloaded Millions Mapped App and filter for both homes for sale and rental properties in the area too!

Home Sellers

Thinking about putting your home on the market? See your competition in the palm of your hand! Get up to the minute real estate and rental data -look now longer.

Home Owners

Wow…James & Patricia, down the street, just put their home on the market! I wonder what they are asking for their home… Now in the palm of your hands, open your Millions Mapped App and you can get this information!

Bottom line:

Keeping current matters in the real estate market, whether buying, investing, selling or simply a homeowner you can have this information in the palm of your hands! Download the FREE app now you don’t want to miss out.

Information in the Palm of Your Hands Click Here for Your  Millions Mapped App

 

 

 

What Does a Home Inspection Check?

A home inspector will look at everything.  Home inspectors have a 1,600-item checklist, according to the National Association of Home Inspectors and the average home inspection can take three to four hours – or even more if you have additional inspections, such as termite inspections, included.
Here are just some of the areas checked during a home inspection:
  • Grounds: Standing water, faulty grading, sick or dying trees and shrubs, crumbling paths and walls
  • Structure: Foundation integrity, rotting or out-of-plumb window and door frames
  • Roof: Defects in shingles, flashing, and fascia; loose and hanging gutters; defects in chimneys and skylights
  • Exterior: Cracks or rot; dents or bowing in vinyl; blistering or flaking paint; adequate clearing between siding and earth
  • Window, doors, trim: Rotting frames, peeling caulk, damaged glass
  • Interior rooms: Water-stained ceilings, adequate insulation, and sufficient heating vents
  • Kitchen: Proper venting, no leaks under the sink, and cabinet doors and drawers operate properly
  • Bathrooms: Toilets flush properly, showers spray, and tubs are securely fastened
  • Plumbing: Drains flow properly; water has proper temperature and pressure
  • Electrical: Proper electrical panels and working light switches and outlets
Home inspections are non-invasive, meaning your home inspector will not be breaking into walls or under tile floors, for example, to be able to inspect what lies beneath or within.
We believe you need a trusted and highly skilled inspector when purchasing a home and we have an inspector list that we recommend for our clients.

Moving Labels Make it Easy

FREE MOVING LABELS

CLICK HERE TO GET YOUR FREE …PRINTABLE MOVING LABELS

After you have actually found that perfect home and the contract has been accepted. Your mind is probably ready to explode with all the projects that have to be accomplished. We want to help you and here is one step to make it easier as you go on this journey!

You have to pack up our old home! It is the perfect opportunity to get rid of all that junk that has been piling up through the years. Keeping everything organized and easy to find once you’ve moved to the new home, this helps tremendously…a little planning makes it so much easier.

Have you ever moved and wondered where in the world that special item is? So this time, we have something to help you keep your move more organized!

Simply print these labels on sheet label paper, each sheet will give you 4 labels, simply cut and you’re ready to go. If you have more boxes in any given room, simply print another sheet. It’s EASY Peezy! The room sign or inventory sheets can be printed on plain paper. For all the money-saving peeps out there, print out labels on paper and use packing tape to apply to the box! Just make sure you cover the entire label with the packing tape. Make sure you add a label to each side of the box ~ that way it will be visible from any direction.

You’ll get 4 labels per one a4 sticker paper sheet. Each room has its own color that will really pop out on the boxes. To go along with these, you will have room signs/inventory sheets. They are matching with the corresponding color. When packing up, simply list down which box number and its contents under each room. Put the list in a special place and then when moving day comes, stick the paper on the door or wall of the room so that your movers or friends know exactly which box goes to what room by matching the color! Nice, clear and easy peezy!

♛ Buyer Demand Is Outpacing the Supply of Homes for Sale

Buyer Demand

The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index.

Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic (demand).

Buyer Demand

The map below was created after asking the question: “How would you rate buyer traffic in your area?”

Buyer Demand Is Outpacing the Supply of Homes for Sale

The darker the blue, the stronger the demand for homes in that area. Only six states had a weak demand level.

Seller Supply

The Index also asked: “How would you rate seller traffic in your area?”

As you can see from the map below, the majority of the country has weak Seller Traffic, meaning there are far fewer homes on the market than what is needed to satisfy the buyers who are out looking for their dream homes.

Buyer Demand Is Outpacing the Supply of Homes for Sale

Bottom Line

Looking at the maps above, it is not hard to see why prices are appreciating in many areas of the country. Until the supply of homes for sale starts to meet the buyer demand, prices will continue to increase. If you are debating listing your home for sale, meet with a local real estate professional in your area who can help you capitalize on the demand in the market now!