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New Home Buyer Advice

One of the most important services we provide is advice for new home buyers. In this blog we discuss common issues, tips, things to avoid, and builder info. Whether it's builder related, 'must have' features or common pitfalls, we'll try and cover it here.

Found 70 blog entries about New Home Buyer Advice.

2022 Year End New Home Discounts, Incentives, Rebates!

**Sept. 28th: Bank of England PIVOTS. Changes coming.**

Dallas Fort Worth area new home builders went from early year CIGAR-SMOKING FAT CATS to the home BUILDER SOUP LINES but how long this sudden buyer opportunity will last is UNKNOWN and already monetary policies are beginning to change.

Currently, panicked DFW area Home Builders have SCADS of unsold new home inventory heading into yearend that they desperately need to sell or face crippling bank lending restrictions and higher interest costs next year. As a result, they are listening to offers regardless of discounts shown in MLS.

Mortgage Rate Buy DownsIn addition to generous builder price discounts, you may also expect CLOSING COST incentives to help buy down MORTGAGE INTEREST RATES! START SEARCHING NEW

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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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 Buy New with Mike Askins, and I PAY YOU! Adding my broker information to your new home contract WILL NOT increase your new home price, but will allow me to REBATE THOUSANDS back to you when you CLOSE.  Call Mike @ for a Rebate Quote and I'll text you my valuable broker information you'll need to add to your new home contract to secure your Cash Rebate. We're paying 3% on Highland and David Weekley!

To View New Homes in an easier format, CLICK HERE.

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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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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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Find New Homes For Sale in DFW CLOSING in April 2021

April 2021 continues to experience a severe shortage of homes for sale. Prices, as a result, have been increasing sharply. New homes for many are the real solution to avoid bidding wars.

A+ Rated Accredited BBB Member since 2005In a real estate market where builder sales incentives are nowhere to be found, 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 Can Enter Your Specific Criteria. Remember, I Can't Make a Difference for YOU If You Don't CALL!

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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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 Invest in Yourself with Home Ownership

Why invest in a 401K retirement fund, if the benefit goes to someone else? It would make no sense, but every day, people do just that when they rent a home. Renting offers no payoff, no lasting financial benefit, other than having a temporary address. While past homeowners recognize this, many of today's younger buyers, struggle with the concept of homeownership. For some, it is a scary first step, but we've all been there.

Since you need a dwelling for basic survival, and you can pay off your investment while living in it, creating 100's of thousands of dollars of future funds, why waste another day of your finite working life funding someone else's retirement. Time, once spent, is gone forever. Oh, and if you think D/FW area homes are too

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2020 Homebuying Checklist

Smart Advice for How to Prepare to Buy a New Home

Some Highlights:

  • If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval.
  • Being proactive about the homebuying process will help set you up for success in each step.
  • Make sure to work with a trusted real estate professional along the way, to help guide you through the homebuying steps specific to your area.
  • Need to discuss your specific real estate needs? Call Realtor® Mike Askins at

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Snow Day in North Texas-Photo at Manegait Entrance McKinney!

It's days like today that remind us how important a new home can be with regards to their energy efficiency and greatly improved occupant comfort. Even homes built ten years ago do not compete with today's energy-efficient new homes. New homes offer a number of important homebuyer advantages that you won't find in older homes.

Today's weather will revert back to near 70F in just a few days, but with 8 weeks of winter still remaining, who knows what weather extremes await before warmer weather arrives.  

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