At the end of the day, every home has a price the market will agree with and knowing that approximate price tag is the first order of business for any successful home sale. Over the years ARG has listed and sold 100's of area pre-owned homes for our Free Move-up buyers and today, after nearly 13 years, ARG enjoys one of the highest success rates selling our client's listings and that is due to a careful understanding of value. Read ARG's Marketing Plan.

Also, many ARG clients enjoy up to a fully commission free sale of their home, meaning even if they must sell for less than list price, their NET proceeds from the sale of their home would still be thousands of dollars higher than if they listed with a traditional full cost broker charging up to 6%.   

The monthly cost of home ownership, via higher mortgage interest rates, is expected to rise later this month when the Federal Reserve convenes to review current economic activity and interest rate policy. Experts anticipate the Fed will have no choice but to raise rates again. Since September, the Federal Funds Rate has increased by 0.5%. March's increase will mean the Federal Funds Rate will rise to 1%. During the recession of 2008/9, the Federal Funds rate dropped to just 0.25%.

Historically speaking, today's mortgage interest rates are still very low, however with economic forecasts heating up, price inflation becomes a threat to economic stability and hence a higher cost of borrowing is generally the tool used to combat inflation. Experts are

David Weekley Homes in Hollyhock, Frisco offers new home buyers a brand new floorplan concept that is sure to be a hit. From the outside, the "Northington Plan" looks typical, but once you take the full tour, you quickly realize how unique and untypical this space efficient floorplan is. 

For example, the Master Suite is large and open via cool interior windows that offer expansive views to the outdoor living area. Then there is the detached living area/flex room in the back of the home (easily missed if you're going too fast!), that offers a private second game room, or special flex space that is not connected to the main floorplan from the inside, but is under the same roof. A great room to have if you're needing some quiet time or solitude or need a

Texas Home sales across the State of Texas collectively nudged out last year's Q3 record breaking sales results by .2%. Medium home price increased by 7% to $214,000. Still in most populated Texas Cities, the number of home sales were flat or declined compared to the same quarter in 2015, but nonetheless, home prices in these urban areas continued to rise, with Dallas Fort Worth seeing an aggregate 9.4% home price increase and Sherman Denison seeing a larger home price increase at 13.6%

With a major political change underway across the U.S.A, and with U.S. stock markets signaling future economic confidence, the Texas urban city pause (slightly lower home sales than in 2015) seen in Q3 2016, may just be short term protective consolidation ahead of the

With expected tax reduction change legislation, sweeping corporate tax rate reductions, repatriation of offshore accounts without tax consequences and repeal of Obama Care, markets are signaling an economic uptick that includes higher loan interest rates for DFW area home buyers. If you are in the pipeline for a new home, now would be a good time to consider locking your loan rate.

Real Time DFW Mortgage Rates

We can't keep up with the price drops on new homes in Dallas-Fort Worth. The Fall is by far the best time of year to purchase a new construction home and DFW builders are dropping their prices to keep their inventory moving. Here is the latest hot sheet for top price reductions for DFW homes. Visit our price reduction page to get a complete view, or Contact me for more information.

Currently, mortgage rates have been the best ever with regards to rates during the core summer buying season months. Normally rates climb during peak buying months, but this year has been unusual as rates continued to decline. That situation might begin to change as early as next month according to Federal Reserve Bank of New York president William Dudley. Stronger than anticipated job growth and improving general economic strength indicators are being cited as factors behind what appears to be an upcoming interest rate hike in September.

DFW/ TEXAS MORTGAGE INTEREST RATES

Real Time DFW Mortgage Rates

MORTGAGE RATES AFFECT YOUR PURCHASING POWER

The basis rule is that when rates go up 1% it is like adding $30K to your

Mortgage rates have dropped since the Federal Reserve signaled that they are holding rates steady. This is seen as a move away from a policy goal of higher rates that were planned last year.

Current Dallas Fort Worth Area Rates @ 3pm 7/29/2016

30 year: 3.24% Conforming A Paper
15 year: 2.56% Conforming A Paper

VIEW TRENDING DFW MORTGAGE INTEREST RATES

Real Time DFW Mortgage Rates

MORTGAGE RATES AFFECT YOUR PURCHASING POWER

The basis rule is that when rates go up 1% it is like adding $30K to your home's price tag. When rates go down by 1% it makes the price of the home you want to buy feel $30K less expensive. ARG clients have the option to use their buyer cash rebate to buy down their mortgage interest rate and monthly

The DFW real estate market remains strong. View year over year Real Estate activity statistics for Collin, Denton, Grayson, Tarrant, Dallas, Rockwall, Kaufman and Ellis Counties. Source for reports courtesy of Republic Title of McKinney. Each county is compared to the entire North Texas MLS average and then compared to 2015 Statistics.

March 2016 Real Estate Statistics for Dallas Fort Worth Counties

• Collin County Real Estate Statistics
• Denton County Real Estate Statistics
• Grayson County Real Estate Statistics
• Tarrant County Real Estate Statistics
• Dallas County Real Estate Statistics
• Rockwall County Real Estate Statistics
• Kaufman County Real Estate Statistics
• Ellis County Real Estate Statistics

New homes at Wildridge in Oak Point are coming along with the first residents moving in next month. The Lifestyle Director is already planning a busy calendar of family-friendly and adult events. He has been tasked with incorporating the Wildridge "LIVE REAL" theme in his activities that will bring families and neighbors together. Between the stocked fishing pond, boating and activities at the lake or use of the nature trails, there are a lot of options here for living life "REAL" in this Lake Lewisville community.

There's still time to get in on the ground floor at Wildridge, here is some updated information on the builder's progress to date: 

K Hovnanian Homes NEW LOW PRICES!

• 1,880 - 3,272 sq. ft.
• 50’ x 120’ lots
• From the $260s
• 3