Bobby Leach's Blog Posts

There Are More Homes Available to Buy Now than There Were This Spring

There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply

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Mortgage Rates Projected to Increase Next Four Quarters

Below are the projected interest rates for the next four quarters that show interest rates increasing each quarter. If you're on the fence about selling and buying, this may be a good time to move

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Fall Buyer Guide (Hot off the Press)

I hope you enjoy my Fall Buyer Guide. I have put endless hours into this and it is a great resource for first-time home buyers, or buyers looking to upsize or.

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What the Future Shows for Home Prices

If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you

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The Massive Question: Should You Renovate or Move??

The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3

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As Home Equity Goes Up, So Does Your Wealth

Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable

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Some People Think You Can Net More Money Going For Sale By Owner (FSBO)

Some People ThinkYou Can Net More Money Going For Sale By Owner )

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4 Tips To Prep Your Home Sale To Sell for More

Even in a hot sellers’ market like today’s in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the

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The Early Part of October is the Sweet Spot for Buyers

Are you looking to buy a home? If so, we’ve got good news for you.While there’s no denying the housing market is having a great year, many of the headlines are focused on 

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If You’re a Buyer, Is Offering the Asking Price Enough?

In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to

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Fact or Fiction: Homebuyer Special Edition

Some HighlightsWhen it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are

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Buy Your New Home and Move-In Before Selling - None Contingent Offer, No Showings While in the Old Home, and more!

I am super excited to be certified in the Knock Home Swap program. You get to pick out your new home with a non-contingent offer, move in, then the house prep starts on your old home without you

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2021 Has Been the Year of Skyrocketing Home Prices. What About 2022?

One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices,

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Amazing Event in Dallas With Real Estate Coach Ricky Carruth

Great event today in Dallas with amazing real estate coach Ricky Carruth. Ricky has really influenced the way I go to business. Thanks, Ricky for all that you do for us!

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Reasons You Should Consider Selling This Fall (Is The Market Changing?)

If you're trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers' market we're in today won't last forever. If you’re

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Having an Analytical Agent Is Key When Pricing Your House

Some HighlightsPricing your house right takes market experience and expertise.To find the best list price, your agent balances current market demand, values of homes in your neighborhood, where

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5 Reasons The Current Housing Market Is Anything but Normal

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from

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The Contrast in Net Worth Between Homeowners and Renters Is Widening

Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The

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Why 2021 is the Year to Still Sell Your House

If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase

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If Housing Affordability Is About the Money - Do not Forget This

There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically

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Buyers fear rising prices, so they're willing to pay high prices for homes,

Buyers are still willing to pay higher prices because of the fear that they cannot afford to wait with.

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What The Experts Are Saying About Today’s Mortgage Rates

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by

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Many More Younger People Are Buying Homes

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason

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Exciting day for my client who is closing next week. Final walkthrough and orientation in Aubrey Texas

Exciting day for my client who is closing next week. Final walkthrough and.

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Working Remotely Without Feeling Like a Lone Wolf

Often when you work from home it is challenging to feel the inspiration and motivation that you get from working with others in an office setting. I am in a group of other Realtors who are

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A Dive Into Home Price Appreciation and What It Means for Sellers

When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know

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What Does Being in This Sellers’ Market Mean?

Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really

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The Best Use of Time & Money When It Comes to Renovations

In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in.

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What are the Benefits of Living in a Master Planned Community?

Living in a master-planned community can allow homeowners to spend less time running errands and more time on recreation.  Residents can feel comfortable in an master-planned community

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National Association of Realtors (NAR) Remodeling Impact Report.

Thinking about doing a remodel on your home and want to know what items bring the biggest return when you sell? Take a look at the National Association of Realtors (NAR) Remodeling Impact Report.NAR

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On The Boardwalk in Plano - One of My Favorite Locations

On The Boardwalk in Plano is one of my favorite locations for an evening out. It has seven authentic restaurants and an unmatched waterfront view; the Boardwalk is a unique dining oasis. The

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Sellers: Use Today’s Home Price Appreciation to Work for You

Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence

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With Rents Increasing – Is Now the Time To Buy?

According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose

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Important Questions To Ask Yourself Before Buying a Home

Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial

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A Look at Housing-Supply and What It Means for Sellers

One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for

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Today’s Real Estate Market Explained Through 4 Crucial Trends

As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both

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Remote-Work Has Changed Our Home Needs. Is It Time for Your Home To Change as Well?

Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in,

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Summer Selling Guide

I hope you enjoy my Free Summer Selling Guide. If You have any questions about the information in the guide, please feel free to reach out to me (469-247-4256 or Bobby@LeachRealtyGroup.com).Get Your

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What You Should Do Before Interest Rates Go Up

In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s

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Experts Agree: Options Are Improving for Buyers!

Some HighlightsBuyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news

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Housing Supply Is Rising. What Does it Mean for You?

An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we

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Your Home Equity Can Take You Places-

Some HighlightsThe amount of wealth Americans have stored in their homes has increased astronomically.On average, homeowners gained $33,400 in equity over the last 12 months, and the

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What Experts Think is on the Horizon for the Second Half of the Year

As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation

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The Truth Young Homebuyers Need To Hear

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what

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Happy Independence Day!!!

Wishing you a happy and safe Independence.

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What To Expect as Appraisal-Gaps Grow

In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest 

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5 Things Homebuyers Need To Know When Preparing an Offer

When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With

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Hope Is Closer For Today’s Housing Shortage

The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A

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New Construction With a Long Entry Road

Extra Long Drive-In - 4K from Bobby Leach on.

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In Today’s Market, Listing Prices Are Like an Auction’s Price Reserve

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some

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Is It Time To Cash In On The Second Home?

When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for

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What Is Driving People To Move Right Now?

This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to

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Homes Across the Country Are Selling Very Fast

Some HighlightsIn today’s whirlwind real estate market, houses are selling at astonishing speed – from sea to shining sea.Four years ago, the average house spent 39 days on the market.

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How Misunderstandings about Affordability May Cost You

There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors

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Americans Choose Real Estate as the Best Investment Year Over Year

Some HighlightsFor the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans.Real estate has been gaining ground against stocks,

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Should I Refinance or Move?

The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a

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Americans See Real Estate as a Much Better Investment Than Stocks or Gold

Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a

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Three Graphs Showing Why You Should Sell Your House Now

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is

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Experts Say Home-Prices Will Continue to Appreciate

It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google 

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4 Big Incentives for Homeowners to Sell Now Than Later

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there&

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Should I Buy Now or Wait Until Later?

Some HighlightsIf you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again.Mortgage interest rates are currently very low, but experts

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Is Home Price Appreciation Accelerating Once Again?

At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would

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This Isn’t a Bubble - It’s Simply Lack of Supply

Some HighlightsIn a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market.When

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Latest Jobs Report: What Does It Mean for You and the Housing Market

Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675

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The Impact of Being in a Sellers’ Market

If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the

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Things to Consider When Buying a Home (Spring 2021)

The ink is still drying on my Spring Sellers Guide. Let me know if you have any questions and if I can be of any help to you. Free Spring Sellers

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I love What I do!

t is always exciting when you get a picture from your client of their home being built and they are so excited. To have a career where i can have such a positive impact on others is such a blessing!

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Should You Renovate or Not Renovate Before You Sell?

When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for

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Buyer Interest Is Growing among Younger-Generations

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall.

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5 Big Reasons to Sell Your House This Spring

When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the

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How Smart is it to Buy a House Today??

Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal

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Valuable Millennial Guide to Buying a Home

We just finished another guide, and I think this is one is probably the most valuable. Most millennials are not familiar with buying a home or why they should. http://bit.ly

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Our Just Released Spring Buyer Guided

Our Spring Buyer Guide is hot off the press! Take a look and let me know if you have any questions. GET THE 

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Are There Going to Be More Homes to Buy This Year???

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s

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Never a Better Time to Sell Than Now

The average amount of home inventory (current inventory, no new listings) is averaging half a month, meaning we would run out of homes to buy in two weeks.  A balanced market is six months, and

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Will Low Mortgage Rates Continue through 2021??

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise.

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3 Ways Home Equity Can Have a Major Impact on Your Life!

There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased

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Want to Build Wealth? Buy a Home This Year!!

Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most

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What Record-Low Housing Inventory Means for You!

The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the

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4 Big Reasons People Are Buying Homes in 2021

According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many

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Could This be the Year to Sell Your House?

If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right

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What Four Experts are Saying on the 2021 Housing Market

The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here

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Did You Outgrow Your Home in During 2020??

It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your

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Homeowner Equity With a Big Increase of an Astonishing $1 Trillion

In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic 

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The 2021 Housing Forecast

Some HighlightsExperts project an optimistic year for the 2021 housing market.With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to

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2021 Housing Forrecast

Some HighlightsExperts project an optimistic year for the 2021 housing market.With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to

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3 Reasons for a Positive Outlook on Real Estate in 2021

This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic

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5 Steps to Take When Applying for Forbearance

If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship

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With Home Values Showing Big Surges, Is it Still Affordable to Buy Right Now?

Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer

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How Options Today Will Save Homeowners from Foreclosure

Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an

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Rising Homes Values Projected

Home Values Projected to Keep RisingAs we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic

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Has There Been a Housing Market Like This Before?

The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with

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Will the Election (Presidential) Impact Real Estate?

The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen

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COVID-19 Impact on Home Prices

Strong home purchase demand in the first quarter of 2020, coupled with tightening supply, has helped prop up home prices through the coronavirus (COVID-19) crisis. However, the anticipated impacts

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Is the Current Health Crisis Driving Buyers Out of Urban Areas?

1.3KSHARES1.1K6320113The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and

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What Experts Are Saying About Future Home Prices?

A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that

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Is a Recession Here? Yes. Does that Equal a Housing Crash? No.

On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the 

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Market Activity Report for Frisco, TX

I am always analyzing the market to better serve my clients. Please click on the link below for the full Market Activity Report I put together on Frisco, TX as of 6-17-2020. Thinking about selling

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Why Summer in 2020 is the Real Estate Season

With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their

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