Closed sales are down from this time last year, but prices and days on market vary significantly by city. See which areas are holding steady, where prices have softened, and what these changes could mean for Buyers and Sellers right now.
Closed sales are down from this time last year, but prices and days on market vary significantly by city. See which areas are holding steady, where prices have softened, and what these changes could mean for Buyers and Sellers right now.
North Texas home prices aren’t falling. Median close price in Collin, Denton, Fannin, & Grayson Counties is exactly where it was a year ago. What’s changed is how sellers get there. Concessions to buyers have roughly doubled, both in how often they happen and how much they cost.
Here’s the truth: sellers don’t care about your down payment number. They care whether your lender is going to actually fund the loan without drama. A big down payment on paper means nothing if it doesn’t match what your lender approved in writing.
The real upside to putting more down isn’t impressing anyone. It’s avoiding PMI, lowering your monthly payment, and paying less interest over time. Put down what your lender says you need. Not what sounds impressive.
The...
Now is the time to talk. Let's get a game plan together and assure that you're educated on the market. I want to be educated on your particular needs, as well. This will make all the difference in a successful transaction.
Let's chat over coffee or over the phone. CONTACT me your favorite way...
© Hilary Meader, Realtor