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
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
The COVID-19 Emergency is sweeping the Nation. It is impacting all aspects of the economy. While housing markets remain active, Texas consumers are encouraged to understand the impact Coronavirus can have on Real Estate transactions under the current National Emergency. The link below gives you access to the newly implemented Texas Realtors® form you need to understand.
Need assistance and guidance with your planned home purchase? Contact Realtor® Mike Askins at , or fill out our CONTACT US form.
Everyone knows you can just about always get a better DEAL when buying a completed DFW area Builder SPEC or Inventory Home. The real problem, however, was finding them - until now! In just "One-click," you'll be searching through 100's of Dallas Fort Worth New Homes scheduled to COMPLETE in February 2020! Why stress when you can employ ARG's™ exclusive MLS New Home search technology for instant results! If you're a new home buyer, you're now experiencing Dallas Fort Worth's No.1 New home resource. You can even search by specific BUILDER NAME or groups of builders, and by location, and Realtor® Mike Askins stands ready to help you find a needle in the haystack.
Finding DFW Builder SPEC Homes that are ready to Close in FEBRUARY or any month is
Here is an excellent large luxury new home value on a hard to find Greenbelt and Cul-de-sac lot! In fact, I would be remiss, if I did not bring this big 4 bedroom home with 5.5 Baths to your attention. What is even better is this hidden gem of a Prosper community, priced from the upper $400's to the $700's features large .3 to .5 acre lots, and no PID or MUD taxes to increase your monthly housing costs. I believe that new home buyers are smart to base their home buying decision on the overall measurable value before settling on a new home. I am happy to report, that is where Bloomfield Homes scores surprisingly high on value and quality, for their well-located luxury-level series of new homes on large 1/3rd acre+ estate lots at Prosper Lake on Preston
Find homes for sale in MLS that were just listed in the past 24 hours in McKinney TX. Set up your free MLS account and get automated alerts, so you're always the first to know. Quickly adjust your search for listings taken in the last days or weeks. With ARG's DFW New Homes Realty, you're always in full control over your MLS search and more importantly, the results you obtain are free from "filler listings" or worse "missing listings" unlike giant corporate websites that adjust the listings you get to see to favor their business.
Don't waste time, get ALL the listings, and only the listings you want to see and control your destiny. You have a longtime trusted friend at Askins Realty Group, LLC who can help you make sense of the local McKinney
It's time to get your free copy of the newly published Winter 2020 Home Seller and Home Buyer Guides for Dallas Fort Worth. These guides are loaded with expert predictions and advice about selling or buying in the winter of 2020, and general forecasts for the upcoming year. ARG offers you a true VOW MLS search platform that gives you up to double the information found on 99.9% of the other websites. For 2020, start smart and stay ahead with ARG Realtors®.
The National Association of REALTORS® surveyed its members for the release of their Confidence Index.
The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions.
Homes across the country are selling quickly, in an average of just 31 days.
49% of homes sold in less than a month.
Additional Seller Information Resources
Thinking About Selling? Time to Plan Ahead
Seller Tips From a Proven DFW Listing Agent
The Real Cost of a "Home Buy-Out Offer" is Your Home Equity