Buoyed by a record-breaking third quarter of 2020 in which home sales increased 18.4 percent in Texas, the Lone Star State looks set to remain a seller’s market for quite some time. With the worst of the pandemic disruption and job hopefully over — touch wood — any Texas homeowner may rightly be asking, “Should I sell my house now?” A number of factors, including high demand, low borrowing rates and quirks in Texas real estate inventory suggest that the answer is a resounding [...]

Although mortgage rates aren’t the only factor to consider when it comes to buying or selling a home, they tend to dictate the tempo and intensity of the housing market. And it was fast and intense in Dallas-Fort Worth and Texas in general in 2020. Now that we’ve rung in a new year, here’s what to expect in 2021.

The Current State of Mortgage Rates in Texas

Trickling down from the Federal Home Loan Mortgage Corporation (Freddie Mac) to regional markets in all 50 states are mortgage rates at [...]

What can we expect from the Texas real estate market in 2021? The coronavirus pandemic has certainly made real estate market predictions more difficult, but potential homebuyers can still take encouragement from several consistent trends that predated Covid-19. Topping the list? Texas real estate remains hot property, particularly for buyers from out of state. What remains to be seen is the degree to which pandemic uncertainty affects the general momentum. Here is our take on the Texas [...]

You might assume that a real estate move is off the table for the unpredictable year ahead. After all, buying a home during a coronavirus pandemic could mean risking a tentative job market, economic uncertainty and even restrictions on viewing a property, right? Not so fast. The beauty of a long-term, 15- to 30-year investment is that you can ride out the storms along the way. Depending on your financial circumstances, 2021 could be the year to invest in your dream home. Let’s dig [...]