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Buyer and Seller Tips

Found 39 blog entries about Buyer and Seller Tips.

Spring Home Seller and Buyer Guides for DFW

Why List Your Home with Mike and Jenee of the Askins Realty Group?

  • Honesty. We shoot straight.
  • Savings without gimmicks.
  • 20 Years of proven top producing Realtor experience
  • Well over a 1000 home sales and many repeat clients
  • Millions in client commission savings compared to full cost brokers
  • A 95% success rate closing our listings since 2004 in up and down markets
  • A perfect BBB record since 2005.
  • Full Service. Pre-list to Close!

View Home Seller's Guide Spring 2022 Edition

View Home Buyer's Guide Spring 2022 Edition

 

MONEY-SAVING REAL ESTATE SERVICES OFFERINGS

Just Selling? View MLS STATS - Get Top Dollar & Save on Listing Commissions

Just Selling and Buying? Check Out DFW's Best Money Saving Move-up

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Will 2022 Be The Year The U.S. Housing Market Corrects?

Of course, I don't hold tomorrow's economic headlines in my hands, but on a historical basis, the U.S economy is long overdue for a correction, and who knows what this so-called RESET will do. Then the 2020 pandemic triggered a pronounced wave of extraordinary inflation and an unprecedented dislocation of the world's critical supply chains that still haunt our markets.

Huge government bailouts and emergency spending soon followed adding helicopter money to an economy whose factories were ordered to curtail operations and that triggered today's crisis of inflation caused by too much currency chasing too few goods. How come our so-called experts suddenly seem to be anything but experts?

Will Sentiment Change from Easy to a Tighter Money Supply?

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Homes Sell As Quickly As They Hit The Market

Housing availability in the Dallas Fort Worth Metroplex has been in a critically short supply. Builders are at full capacity and have sold out many neighborhoods. Additionally, home builders are restricting monthly sales as they shift towards selling near-completed inventory homes to prevent profit losses experienced in 2020 due to construction material inflation

A growing number of DFW home builders are leaning towards accepting "bids over asking price," like what is happening in the pre-owned housing market, as desperate homebuyers compete for new real estate. These current economic conditions have combined to create the greatest North Texas seller's market ever and, along with, a growing nightmare for today's homebuyers.

Texas Housing Did

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DFW Home Builders Take Steps to Avoid Inflation Risks and Now Sell SPEC Homes ONLY

BREAKING NEWS! Dallas Fort Worth and Texas-based home builders have had record business in 2020 and now in 2021, but not record profits as inflation has significantly minimized contractual profits estimated to be in the Billions of dollars. If buyers today think they can stop runaway housing inflation train by contracting to build from an empty lot months before closing, then they should know those days are now quickly coming to an end with an ever-growing list of DFW new home builders suspending build contracts in an effort to stop losses associated with monetary inflation.

Today, builders are turning away from traditional "build to suit" contracts on empty lots to contracting when new SPEC homes are ostensibly complete with known cost numbers to

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Find DFW New Homes Ready to CLOSE May 2021

May 2021 continues to experience a severe shortage of homes for sale across the entire Dallas Fort Worth Metroplex. Homes that become available, have an extremely short shelf life as prices continue to rise. New SPEC Inventory Homes for many are the real solution to avoid endless preowned bidding wars that can raise your real price by up to $100,000 dollars. Knowing how to get in line with new home builders is key to your success.

A+ Rated Accredited BBB Member since 2005In a real estate market where builder sales incentives are NONE, getting a valuable cash rebate at closing is more valuable than ever. Sign up for your cash rebate agreement worth Thousands, so we can better help you save when buying a new home in Dallas Fort Worth.

Click the RED BAR Above to Open Search Where You

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3 Steps to Navigate a Gridlocked DFW Housing Market

The Dallas Fort Worth Housing Market has never seen such a housing shortage as now, and that is occurring with a record-breaking 40,000 new homes built in 2020 and another 40,000 forecasted to be built in 2021 according to KRLD Radio. Additionally, KRLD 1080 Radio reported, "the median price for a single-family home jumped 16% last month to nearly $313K, the highest price ever in North Texas."

For generations, there has always been an ample supply of area homes for sale, especially new homes, and that has helped to keep home prices competitive and in check, but for now, that past norm is "out the window" as the DFW Metroplex struggles with a housing supply shortage and rising prices. 

And so there are new rules that apply to both locals and

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Dallas Fort Worth Real Estate Market Changes are on The Horizon Today

IT was bound to happen. Overplaying the COVID card has caused mountains of reckless government borrowing. With each passing day, the resulting debt-aftermath is approaching, and it looks daunting. It is clear to prevent a complete collapse of the credit currency that interest rates will need to go up to begin to remove from circulation all those inflation-causing credit instruments responsible for skyrocketing real estate and stock market valuations. In doing so, the Reserve Bank protects itself from collapse while transferring any resulting consequences to the people.

Honestly, it is not difficult to see that natural law is the gold standard of civilization. It fosters pricing stability and rationality, but it seems absent in today's artificial

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 DLPFC is the Scientific Formula for Selling Your Home

This blog gets directly to the point. "DLPFC" controls the sale of real estate. When an MLS-listed property does not sell, one or more of the factors below are responsible.

Sellers Need to Understand the Concept of "DLPFC"

D - DEMAND. Without it, there are no buyers and no sales.

L - LOCATION. Location affects demand. Even great locations are subject to micro-location factors that affect demand and pricing.

P - PRICE. Rational price support must be generally supported by individual property facts and COMPS. Get this wrong and demand drops and listings languish on the market unsold.

F - FLOORPLAN. This is an underestimated factor. Not all floorplans have the same value. Identical homes (same floorplan), one having 3.5 baths and the

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 Inflation Causes Real Estate Prices to Increase

For years, homeownership was the one asset you could always rely upon to protect you from loss of dollar purchasing power. Historically, as the purchasing power of the dollar diminishes, the cost of building a new house increases. Today, even if a home was built 30 years ago, its current market value would be indexed to the cost of building a new home, adjusted for a home's condition and location.

For example, if a home costs $85K in 1990, (30 years ago), it might easily be worth $250K in today's market. The increase in price is mostly caused by inflation. Said another way, over time your monthly house payment shrinks in relation to your monthly income, making your house payment more affordable. Then at year 30, your mortgage is paid off, versus

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Are You Ready for COVID-19 Construction Delays?

If you're planning to start a new home, you'll now have to consider the very real prospects of construction delays due to supply chain disruptions and other unknowns as a direct result of the COVID-19 pandemic. I hope that's not the case, but reading the tea leaves...

Is it the end of the world? No. Is it a problem? Yes.  Is it too early to tell? Maybe.

China is currently a major supplier of U.S. building materials and the reported epicenter of the COVID-19 outbreak. As a result, our domestic economy could begin experiencing a major single-point supply disruption across a myriad of American businesses, including homebuilders, as they scramble to compensate for material shortages while dealing with COVID-19 and "shelter in place" emergency

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