January 2015

There are 1 blog entries for January 2015.

Many of my clients asked me if now is a good time to buy a Texas home. My answer to almost everyone is if you can afford to buy a house right now, you need to do it.

Over the last five years Texas rental rates have skyrocketed. More people are staying in their existing home for longer periods of time which is keeping the supply of available homes for sale at record lows.  Interestingly enough mortgage rates have remained low for the last several years and are still near historic lows. This makes your mortgage payments less than rent in many cases.

With major corporations such as Toyota, State Farm, Liberty Mutual, and a host of many others moving their headquarters to the Dallas Texas Metroplex the demand for housing exceeds the available inventory.

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