We all want to pay our fair share of taxes, but tax appraisal districts are increasingly forcing a sizeable percentage of Dallas Fort Worth area homeowners to pay inflated tax bills based upon an assessed "tax value price" that exceeds real market values, which as it turns out is a violation of the tax statute. Yeah, ouch!
Today, the nuisance of overvalued Texas tax assessments has become an endemic problem. It is not unusual for Metroplex homeowners to see an assessed tax value in their 2019 Tax Notices, that are $50K or more over actual real market values. Many homeowners may not realize they were paying more taxes than they owed until they sell their home for less than their tax assessed value.
November new home sales beat expectations from CNBC.
This morning Rick Santelli reported a surprise ~17% uptick in new home sales for last November. It is my opinion that the December sales report may be even better. As real mortgage interest rates decline, and as the Federal Reserve signals it will remain neutral with future rate increases, home sales are responding positively.
Benzinga is reporting that an industry analyst is turning more bullish for builder stocks in 2019, suggesting a modest correction to the upside for home builders.
If you put off buying, you might want to reconsider. Banks are competing for your mortgage business and that has driven rates down from their 5% peak last year. New home prices, although still
Announcing 1930 Passionflower Road Frisco / Frisco ISD is Back on the Market and ready for a fast CLOSE! Check it Out! Loaded up Highland has what your are looking for!
And just like that, Hollyhock in Frisco now finds itself bordering the newly announced 600 acres PGA Headquarters that will host its "Grand Opening" celebration in 2022! I mean, who could have predicted this?
This new 36 hole tournament class golf course will quickly become the new epicenter for the PGA in the United States. What is planned are 2 - 18 hole PGA tournament class golf courses that are slated to host its first professional tour events in 2023. Also included, as reported on pga.com are a "short course and practice area totaling 45 holes; a clubhouse; Class AA office
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.
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.
Even before this year's hurricane season started, Americans were already feeling the effects of diminishing home affordability. Last year's devastating hurricanes, Harvey, Irma, and Maria added an estimated 282 billion dollars of added material and labor demands to an already stretched thin housing sector. With Hurricane Florence, and perhaps other storms yet to run their course this hurricane season, the U.S housing market will once again become burdened with additional supply and labor demands resulting from disasters, all working against affordable housing. Housing and Hurricane Florence.
The questions to ask is, has affordable housing, compounded by rising taxes, interest rates, and expensive natural disasters become increasingly part of
To all wanting a lower mortgage rate, you're running out of time. The Federal Reserve is expected to raise rates this Wednesday, and will signal future rate increase probabilities for later this year.
Business activity is pushing NORTH past the Collin County Line. Denison Texas located in Grayson County, offers very affordable homes, lots of nearby outdoor venues, including all of the great vacation spots in gorgeous Southeast Oklahoma, and Lake Texoma, which is the 4th largest lake in Texas.
Now Texas' premier builder, Highland Homes, is opening a new community at Fawn Meadow at Gateway Village. Also, Gateway Village at Greenway Park. Location is to the West of US75 and just across from the Texoma Medical Center and convenient to Denison's best shops and restaurants.
ARG™ Offers Experienced New Home Buyer Agent Services
Since 2005, Mike Askins of ARG™ has been a top-selling Highland Homes Realtor. Our amazing Denison New Home Buyer CASH