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Why Moving to a Smaller Home After Retirement Makes Life Easier

By |2024-07-12T12:54:25-05:00July 12, 2024|Real Estate|

Retirement is a time for relaxation, adventure, and enjoying the things you love. As you imagine this exciting new chapter in your life, it's important to think about whether your current home still fits your needs. If it's too big, too costly, or just not convenient anymore, downsizing might help you make the most of your retirement years. To find out if a smaller, more manageable home might be the perfect fit for your new lifestyle, ask yourself these questions: Do the original reasons I bought my current house still stand, or have my needs changed since then? Do I really need and [...]

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Worried About Mortgage Rates? Control the Controllables

By |2024-06-21T13:35:56-05:00June 21, 2024|Real Estate|

Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do. The truth is, mortgage rates are impacted by a lot of factors: geo-political uncertainty, inflation and the economy, and more. And trying to pin down when all those factors will line up enough for rates to come down is tricky. That’s why it’s generally not worth it to try to time the market. There’s too much at play that you can’t [...]

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What To Expect if You Buy or Sell a Home This June

By |2024-06-07T09:12:34-05:00June 7, 2024|Real Estate|

June is a busy month in the housing market because a lot of people buy and sell this time of year. So, if you’ve got a move on your mind and you’re looking to make it happen this month, here’s a snapshot of what you need to know to make sure you’re ready. If You’re Buying This June A lot of homebuyers with children like to move after one school year ends and before the next one begins. That’s one reason why late spring into summer is a popular time for homes to change hands. And whether that’s a motivator for you or not, it’s important to realize more buyers are [...]

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Austin-Round Rock Area February 2024 Housing Report

By |2024-03-17T13:27:30-05:00March 17, 2024|Market Reports|

*Please keep in mind this is the Metropolitan Statistical Area (MSA) for the Austin-Round Rock area. If you want specific stats relative to your zip code, please reach out so I can get them to you!* Hey there, buyers and sellers! Let's talk about some key real estate metrics that can give you a better understanding of the current market conditions. First off, we have the Months Supply of Inventory, which is sitting at a healthy 3.2 months. This means that if no new homes were to come on the market, it would take about 3.2 months to sell all [...]

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Killeen-Temple MSA February 2024 Housing Report

By |2024-03-17T13:26:06-05:00March 17, 2024|Market Reports|

*Please keep in mind this is for the entire Killeen-Temple Metropolitan Statistical Area (MSA). If you want zip code specific stats, I am happy to get them to you!* First up, we have the Months Supply of Inventory, which currently stands at 3.8. This number tells us how long it would take for all the current homes on the market to be sold if no new listings were added. A lower number like this typically indicates a seller's market, where demand is high and supply is limited. Next, we have the 12-Month Change in Months of Inventory, which has seen [...]

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Austin-Round Rock Area January 2024 Housing Report

By |2024-02-20T10:22:56-06:00February 15, 2024|Market Reports|

Please keep in mind this is the Metropolitan Statistical Area (MSA) for the Austin-Round Rock area. If you want specific stats relative to your zip code, please reach out so I can get them to you! Whether you're a buyer or a seller, the information contained in the infographic above is crucial in navigating the ever-changing real estate market. So, let's jump right in! First up, let's look at the Months Supply of Inventory, which currently stands at 3.0. This metric represents the number of months it would take to sell all the homes on the market if no new [...]

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Killeen-Temple MSA January 2024 Housing Report

By |2024-02-20T10:11:22-06:00February 15, 2024|Market Reports|

Please keep in mind this is for the entire Killeen-Temple *metropolitan statistical area (MSA). If you want zip code specific stats, I am happy to get them to you! First up, we have the Months Supply of Inventory, which currently stands at 3.6. This number tells us how long it would take for all the current homes on the market to be sold if no new listings were added. A lower number like this typically indicates a seller's market, where demand is high and supply is limited. Next, we have the 12-Month Change in Months of Inventory, which has seen [...]

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Ways Your Home Equity Can Help You Reach Your Goals

By |2024-01-15T12:08:33-06:00January 15, 2024|Real Estate|

If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between how much your home is worth and how much you owe on your mortgage.” That means your equity grows as you pay down your home loan over time and as home values climb. While it’s true home prices dipped slightly last year, they rebounded and have been climbing in many areas since then. Here’s why that price growth is good [...]

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