Category: Uncategorized
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Texas Suburbs Resist New State Law Allowing More Apartments
Slide 1: Texas law forces cities to allow more apartments, shaking up decades of local control. Slide 2: Suburbs push back with stricter rules, reshaping housing, costs, and neighborhood character.
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What NOT To Do Before Closing on a House
First-time home buyers should avoid several common mistakes after mortgage pre-approval to ensure a smooth closing process. Key actions to avoid include changing jobs, purchasing a new car, making late payments, and opening new bank accounts. It's also crucial not to spend down payment funds, offer more than the appraised value for a home, close…
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Tips for First-Time Homebuyers
Homebuying can be complex, but preparation can ease the process. Start by checking your credit score and organizing necessary documents. Create a realistic budget that includes down payments, closing costs, and ongoing expenses. If your budget is tight, explore state and federal mortgage assistance programs, including options for veterans and those with lower credit scores.…
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Sellers Beware: Market Balance Is Coming
Home sales are expected to rebound if mortgage rates drop below 6.5%, unlocking delayed buyer demand. Home prices are forecasted to rise moderately by ↑ 4.4% by end-2025 due to persistent supply shortages
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What Do Homebuyers Pay in Closing Costs in Texas?
Closing costs usually amount to 3% to 6% of the mortgage. For example, a $450K mortgage could mean ~$13K to $27K in closing fees. In Texas, homebuyers pay an avg of $4,548 in closing costs. The avg transfer taxes in Texas are $0, which means no transfer tax is included. Texas’ closing expenses are mostly…
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10 Tips for First-time Homebuyers
Embarking on homeownership can be exciting yet daunting for first-time buyers. Key tips include assessing your financial situation, getting mortgage pre-approval, and finding a reputable real estate agent. Consider location, make informed offers, and get a home inspection. Explore various mortgage types and understand homeowner costs, including property taxes and insurance. Be prepared for closing…
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Is Harris County Housing Market Opening for Buyers?
One-third of residents still qualify for ownership. Large market size ensures varied buyer options. Regional affordability averages support buyer confidence. Inventory growth improves choices for buyers. Declining mortgage rates may increase affordability.
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Housing Market Predictions for 2025-2030
By 2030, median existing home prices may climb over 10% from 2025 levels. New home prices grow slightly in 2025, then up over 10% by 2030. Existing home sales rise 2.2% in 2025, rebounding nearly 18% by 2030. New single-family home sales dip slightly in 2025, then grow over 11% by 2030. Single- and multi-family…
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Are We Ever Getting Lower Mortgage Rates in 2025?
Inflation just ticked up to 2.7% — so yeah, mortgage rates might follow suit. Hopes for a Fed rate cut this month? Pretty much gone after June's CPI data. Tariffs are back on the table Aug 1 — and could quietly push rates even higher. New tax law = mixed bag: bigger deductions help homeowners,…
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Texas Housing Market: Soft Landing 2025-2026
Home prices are expected to continue softening through 2025 and into 2026, particularly in markets like Austin and Dallas-Fort Worth. Inventory levels are likely to remain elevated, giving buyers more options and creating a more balanced market. Sellers may need to offer incentives to attract buyers in this competitive environment. Mortgage rates are forecast to…