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DFWREAdvisors Blog

More Than Half of Homes Sold in April Sold for Above the Listing Price!

May 23, 2022
1 min

More Than Half of Homes Sold in April Sold for Above the Listing Price!

We are in the midst of a huge demand for homes—and that demand translates to sellers fetching higher prices for their homes. According to data from real estate technology firm OJO Labs, in the top 50 metro areas in the United States, more than half (52 percent) of all properties sold in April 2022 sold for above listing price. That is up 7 percent from March 2022, when 45 percent of homes sold above asking—and up 10 percent year-over-year. How much above listing are homes se

Work With a Real Estate Professional if You Want the Best Advice!

Ray Martin

May 23, 2022
2 min

Work With a Real Estate Professional if You Want the Best Advice!

Because buying or selling a home is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial. And while no one can give you perfect advice, when you align yourself with an expert, you will get the best advice for your situation. An Expert Will Give You the Best Advice Possible Let’s say you need an attorney, so you seek out an expert in the type of law required for your case. When you go to their office, they won’t immediately te

Redecorating Your Living Room? Take Inspiration From Some of the Hottest Trends on Instagram!

Ray Martin

May 21, 2022
1 min

Redecorating Your Living Room? Take Inspiration From Some of the Hottest Trends on Instagram!

Redecorating your living room can completely change the look and feel of your home. But if you are going to invest the time, energy, and money into redecorating, you want to make sure the final look not only speaks to your own design style, but feels timely and on-trend. And where is a great place to get a handle on the latest home design trends? Instagram. So the question is; when it comes to living room design, what is trending, and how can you incorporate those trends i

Some of the Scariest—and Most Expensive—Things a Home Inspection Might Uncover!

Ray Martin

May 21, 2022
2 min

Some of the Scariest—and Most Expensive—Things a Home Inspection Might Uncover!

Getting an offer accepted can be an exciting experience. But, in most cases, your home purchase is not a done deal just yet; before you close, you will need to get through the inspection process. Ideally, the home inspector won’t find anything too concerning during the inspection. But there are certain home issues that may be uncovered during an inspection that could make you think twice about buying the home—thanks to the added time, stress, and costs those issues could th

Buying a Home With Friends or Family? Make Sure to Follow These Tips!

Ray Martin

May 21, 2022
2 min

Buying a Home With Friends or Family? Make Sure to Follow These Tips!

Thanks to rising home prices, many potential buyers are exploring alternative ways to make their dreams of owning a home a reality. And for some, that means pooling their resources and buying a home with friends or family members. And while this can be a great way to purchase a home in a challenging market, there are things you will want to keep in mind in order to ensure the process is a smooth one. So what, exactly, are those things to keep in mind? A recent article from R

Selling a Home in Today’s Market? Don’t Believe Everything You Hear!

Ray Martin

May 20, 2022
2 min

Selling a Home in Today’s Market? Don’t Believe Everything You Hear!

People say a lot of things about selling a home in today’s market. But unfortunately, some of it is not true—and buying into those myths can have a negative impact on your home sale. So what, exactly, are people saying about selling your home in today’s market that just don’t align with the facts? A recent article from realtor.com outlined common myths about selling a home in today’s market that simply are not true, including: “Buyers will take anything—so there’s no need to

Don’t Let Rising Inflation Delay Your Homeownership Plans!

Ray Martin

May 20, 2022
1 min

Don’t Let Rising Inflation Delay Your Homeownership Plans!

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7 Ways for Homebuyers to Deal With Rising Interest Rates!

Ray Martin

May 19, 2022
4 min

7 Ways for Homebuyers to Deal With Rising Interest Rates!

If you have been considering buying a house — or if you are actually in the process — you have probably heard two things quite a bit lately: Interest rates are on the rise. They’re still historically low. Yes, they are still historically low, but that doesn’t change the fact that they are higher than if you had just bought a house a little while ago. Kind of painful to hear? What you would probably rather hear is rates and house prices will come down in the near future, so j

The One Thing Every Homeowner Needs To Know About a Recession!

Ray Martin

May 19, 2022
2 min

The One Thing Every Homeowner Needs To Know About a Recession!

A recession does not equal a housing crisis. That is the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown does not mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: “A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other

Ray Martin

May 19, 2022
2 min

How Homeownership Can Bring You Joy!

If you are trying to decide whether to rent or buy a home, you are probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you are a renter, but the decision can also be motivated by having a place that is uniquely your own. If you want to express yourself by upgrading and customizing your living space but are feeling held back by your rental agreement, it might be time to consider the perk

Recent College Grads Should Think Twice Before Renting a Place to Live!

Ray Martin

May 17, 2022
3 min

Recent College Grads Should Think Twice Before Renting a Place to Live!

People often envision young adults graduating from college, landing a job, and renting their own place to live. While it was never easy, that path has become more and more difficult to attain in a straight line. College isn’t cheap, and many grads are starting their adult lives with a heap of student loans and jobs that may not pay as much as it costs to live independently. It is especially difficult because rents have risen 16% in the last year alone, and 28% since 2017, a

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market!

Ray Martin

May 17, 2022
3 min

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market!

While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis. When the forbearance program began, many experts were concerned it would result in a wave of foreclosures coming to the market, as there was after the housing crash in 2

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