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Our mission at The Pyron Team is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

Thursday, June 23, 2016

The Red-Hot Real Estate Market in Dallas-Fort Worth



In the red-hot real estate market here in Dallas and Fort Worth, where there’s good news for both buyers and sellers alike.

If you’re a seller, we’ve been able to secure record prices for homes that we’ve put on the market. The added benefit here is that you don’t need to paint every room, make every minute repair, “stage” your home, or go through half of the time-consuming effort it would’ve taken a year ago. Less time, less hassle, more money.

"Both buyers and sellers have reason to act now"

If you’re a buyer the good news is that with home prices increasing at a rate of 10% per year, you will save money if you purchase now. Also, rates are hovering at or just below 4%, and they’re predicted by Fannie Mae to increase in the next year. This means that the home that you contract today will have a lower interest rate and lower payment than if you wait for a year. So remember - time is not on your side. Buy now!

If you have any questions regarding either buying or selling, please give me a call or shoot me an email. I’d love to talk with you.