Nov. 20, 2017

Prosper Homeowners - Your House Must Be Sold TWICE

Homeowners: Your House Must Be Sold TWICE

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal.

If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that recently closed) to defend the selling price when performing the appraisal for the bank.

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Nov. 20, 2017

Top 4 Prosper Home Renovations for Maximum

Top 4 Prosper Home Renovations

Some Highlights:

  • Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most “Return On Investment” (ROI).
  • While big projects like adding a bathroom or a complete remodel of a kitchen are popular ways to increase a home’s value, something as simple as updating landscaping and curb appeal can have a quick impact on a home’s value.
Nov. 16, 2017

For Sale - 2037 Houlton Lane

2037 Houlton Ln

$350,000 | 5 beds | 3.1 baths | 3,099 sq.ft. | 1989

Discover this desirable West Plano 5 bedroom home on a spacious corner lot. Home greets you with grand staircase, fresh gray paint, & vaulted ceilings. Kitchen showcases refinished upper white cabinets and lower gray cabinets, SS appl, granite counters, double ovens, gas cooktop, pendant lights, brkfst bar, & brkfast nook. Master suite highlights double sided fp, jetted tub, oversized shower, white cabs, updated lighting, & new closet drs. Upstairs offers 4 spacious bedrooms and loft. Home features laminate wood floors through out, no carpet. Roof, water heater, one AC unit, & garage door have all been replaced. Neighborhood without HOA and zoned for excellent Plano ISD.

Website MLS Listing

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Posted in Listings
Nov. 16, 2017

Your Friends Are Crazy Wrong If They're Telling You Not to Buy

Your Friends Are Crazy Wrong if They're Telling You Not to Buy

The current narrative is that home prices have risen so much so that it is no longer a smart idea to purchase a home. Your family and friends might suggest that buying a home right now (whether a first-time home or a move-up home) makes absolutely no sense from an affordability standpoint. They are wrong!

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Posted in Buying A Home
Nov. 15, 2017

Feeling ‘Stuck in Place’? You Aren’t Alone… And There’s Hope!

Feeling ‘Stuck in Place’? You Aren’t Alone… And There’s Hope!

Whether you are a renter who is searching for your dream home or a homeowner who feels like your only option is to renovate, you have at least one thing in common: feeling stuck in place.

According to data from the National Association of Realtors’ Profile of Home Buyers & Sellers, the average amount of time that a family stays in their home remained at 10 years in 2017. This mark ties the highest marks set in 2014 and 2016. Back in 1985, when data was first collected on this subject, homeowners stayed in their homes for an average of only 5 years.

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Nov. 15, 2017

Mortgage Interest Rates Are Going Up… Should I Wait to Buy?

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeksFreddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.

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Posted in Buying A Home, Mortgage
Nov. 15, 2017

7 Reasons to List Your Home In Prosper This Holiday Season

7 Reasons to List Your Home This Holiday Season

Every year at this time, many Prosper homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays.

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Nov. 15, 2017

Thank You for Your Service!

Thank You for Your Service!

Thank you for your service!

Posted in Local Flavor
Nov. 15, 2017

A Housing Bubble? Industry Experts Say NO!

A Housing Bubble? Industry Experts Say NO!

With residential home prices continuing to appreciate at levels above historic norms, some are questioning if we are heading toward another housing bubble (and subsequent burst) like the one we experienced in 2006-2008.

Recently, five housing experts weighed in on the question.

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Nov. 15, 2017

5 Reasons Homeownership Makes ‘Cents’

5 Reasons Homeownership Makes ‘Cents’

The American Dream of homeownership is alive and well. Recent reports show that the US homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there are many basic similarities.

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Posted in Buying A Home