Tuesday, November 30, 2021 / by Kenneth Brands
As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles.
In fact, recent data from realtor.com shows a larger share of homeowners are planning to list their houses this winter. So, that means more homes are about to hit the market, which will lead to more choices for buyers too.
According to George Ratiu, Manager of Economic Research at realtor.com: "The pandemic has delayed plans for many Americans, and homeowners looking to move on to the next stage of life are no exception. Recent survey data suggests the majority of prospective sellers are actively preparing to enter the market this winter."
If you’re thinking of waiting until the spring to sell your house ...
Friday, November 12, 2021 / by Kenneth Brands
If you are currently renting an apartment in the Dallas-Fort Worth Metroplex, odds are you've already received notice that your monthly rent amount will be increased upon your next lease renewal. If by chance you havent received notice yet, brace yourself because it's coming soon! Rent increases have become a painful "norm" for apartment renters throughout the Dallas-Fort Worth Metroplex. Here's a look at how apartment rent increases compared across some of the largest cities in the D.F.W. metroplex.
McKinney, Texas: McKinney, Texas has seen the largest apartment rent increase out of any city in the Dallas-Fort Worth metroplex. Apartment rents in McKinney, Texas have increased by 25.2% compared to this same time last year. The median cost of renting a one-bedroom unit in McKinney is $1461, while the median monthly rent amount in McKinney for a two-bedroom unit came in at $1698.
Plano, Texas: Apartment rents in Plano, Texas have increased by 1.2% over just the last m ...