Whether he knows it or not, by the time Governor Abbott leaves office, he will most likely have presided over the largest property tax increase in Texas history, unless sweeping assessment adjustments soon occur, especially in and around Texas' largest metropolitan areas.
While Abbott generally offers support for President Trump's Federal tax reduction efforts, home ownership has become increasingly less affordable in part due to the widespread practices of Texas Central Appraisal Districts over inflating real property values, causing property tax bills to soar. And if that weren't bad enough, Federal property tax deductions under the new Federal Tax Laws are now capped at $10,000, adding insult to injury.
Dallas Fort Worth area home sellers just loved it a few years back, when area housing was in short supply, the Fed's printing presses were in full production, and buyer demand was sky high, but that all ended when the Fed decided to rapidly increase the cost of borrowing, slowing demand and forcing the housing market to correct.
Today's rates, however, are the lowest going back 8 months, and buyer demand, as a result, is picking back up, showing just how wrong the Fed was to raise rates in the first place. How long this downward rate trend repreive will continue, is anyone's guess, but for sure you can save on monthly payments with today's lower mortgage rates.
How to Succeed in a more Traditional North Texas Housing Market
With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.0% by this time next year according to Freddie Mac. The impact your interest rate makes on your monthly mortgage cost is significant!
Our preferred lender, Core Team USA Mortgage, is now offering the most competitive rates to be found. The Core Team is a full-service, large mortgage lending operation located in McKinney Texas. They offer some of the fastest loan services available in the DFW Metroplex because they staff in-office underwriters and loan processors. Learn more about how the Core Team can help you.
ACCESS THE MOST ONLINE PUBLIC MLS LISTING INFORMATION -
Drees Homes are amazing, Drees Fiscal Year-end Sales are the BEST!
Between NOW and 3/31/19 you have an exclusive opportunity to find special savings in all 22 Dallas/ Fort Worth Drees Communities. To get Drees BEST New Home Savings you simply need to be able to close your new Drees home by 3/31/2019. Remember that with any new home inventory clearance sales, getting there first offers you the best selection of available new homes.
ARG Clients Get Up to 3% Cash Back!
ARG Rebates are ALWAYS in addition to all Drees sales promotions and negotiated discounts. Choose how you want to use your cash rebate, from cash back to closing costs. With ARG we guarantee you'll do better with us, than on your own. ARG clients ALL benefit from access to ALL MLS
Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes!
Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic. All four major reporting ...
This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row. To many, the outlook heading into 2019 appeared dim… at best. Then, ...
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For sure, market conditions have changed in 2018, but did you know that listing your DFW area home for sale during the winter months, when competing inventory levels are at their lowest, actually improves your chances for selling your home? It's all about the ratio of buyers per listing during the winter months that helps connects winter sellers to buyers. Interested in selling? Call , we can help you with some of the lowest commission cost structures, and full-service support found anywhere in the DFW Metroplex.
Model Homes typically offer more upgrades and may come with a refrigerator, washer dryer, window treatments, and other bennies that will convey to the buyer. Here's your chance to buy one on sale and get a special 4% Cash Rebate to help with your expenses.
Additionally, D.R. Horton is having a December DFW Wide Inventory Sale.
Includes 100+ Homes across the Metroplex
ALL HOMES DISCOUNTED TO ROCK BOTTOM YEAR-END PRICING!
In addition to builder savings, ARG is offering our clients a limited time 4% New Home Buyer Cash Rebate that will save you thousands more. Restrictions may apply.
Buyers get to draw a scratch-off from D.R. Horton's Christmas Tree and choose from a list of items for the home.
Find any Aubrey TX new home for sale, in any Aubrey Texas Community, like Sandbrock Ranch. Search by Builder Name, Groups of Builders or All Aubrey New Home Builders. You have total direct MLS search control that can save you time and get the exact results you want.
Register your free online account to get rapid email alerts to new home deals, price reductions, just listed homes, and more. We offer MORE MLS INFORMATION, so you can make better buying decisions without a lot of time waste.
Learn the benefits and buyer protections associated with New Home Realtor Representation, and how you can financially benefit with DFW's No.1 consumer based Realty Group. We work with ALL Builders from A-Z and can give you independent new home advice you won't find