Pre-Approval in 2023: What You Need To Know One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take…
Category: Dallas Native News
Dallas Blooms Feb 25-April16
Dallas Blooms Dallas Blooms is the largest floral festival in the Southwest and is a must-see springtime affair! Each year, the Dallas Arboretum & Botanical Garden transforms with a breathtaking display featuring 500,000 blooms from tulips to pansies, live entertainment, Easter events and more. Event Details Dates: Mid-February through Mid-April. The 2023 dates are Feb. 25–April…
More People Are Finding the Benefits of Multigenerational Households Today
If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years. As you consider this…
Perspective Matters When Selling Your House Today
Does the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways a trusted real estate professional can explain the shift that’s happening today and why it’s still a sellers’ market even during the cooldown. Fewer Homes for Sale than Pre-Pandemic While…
These are the 10 North Texas ZIP codes with the highest income, according to a recent study
The ZIP code with the highest income had a median household income above $240,000, well above the national median of $67,521. A recent study has analyzed the highest income ZIP codes in North Texas, with Southlake coming in first with a zip code with a median household income above $240,000. Data analysis website Stacker recently…
What’s Causing Ongoing Home Price Appreciation?
If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate due to the shifting market, ongoing appreciation is expected. That means home prices won’t fall. Here’s a look at two key reasons experts forecast continued price growth: supply…
The 5 Most Common Insurance Claims in Texas
It’s good to familiarize yourself with the hazards your clients might have to face while owning a home. Knowledge Is Confidence Texas is known for its volatile storm season. It’s also the most hail-damaged state in the country, so it’s no wonder wind and hail are the most common perils homeowners face. 1). Wind and…
Is it smarter to rent or to buy? Look at the numbers.
If you’re wondering whether it makes more financial sense to rent or buy a house in today’s competitive market: We have an answer for you. 7 big differences between renting and owning a house Keep this in mind before signing another lease: 1. Rents keep rising. Renting has its benefits. There are times when renting…
The Dream of Homeownership Is Worth the Effort
If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate shows homeownership is so powerful that: “Nearly three in…