1.Home Prices are Surging
Prices rose nationwide by 5.7% in January, and prices in Texas, specifically, have hit historic highs. Do you know the current market value of your home?
2.Low Mortgage Rates Hold Steady
At rates as low as 3.7%, mortgage rates are extremely favorable to first-time and repeat buyers. Home buyers are ready to take advantage of these rates.
3.Seller’s Are Needed
Unsold inventory is at 4.6 month supply. This gives seller’s an advantage as there are simply, not enough homes. Rates are low, and buyers are competing over homes.
4.It’s Cheaper Than Renting
With rental prices on the increase, it is now cheaper to buy than rent in most cases. Renters are realizing that home buying has become much more affordable. They want to purchase homes, now!
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