Is now the best time to buy/sell your house?

Is now the best time to buy/sell your house?

People often ask me when is the best time to buy or sell their home. I can tell you Now is the time.

According to the National Association of Realtors® The National median existing-home price for all housing types was $173,600 in January, up 12.3 percent from January 2012, which is the 11th consecutive month of year-over-year price increases; that last occurred from July 2005 to May 2006. The January gain is the strongest since November 2005 when it was 12.9 percent above a year earlier.

We are experiencing a shortage of inventory in the housing market especially in the
Dallas-Fort Worth area. Even those homes still available for our buyers often end up in a bidding war with multiple offers. People are offering more than asking prices. In some occasions when the property does not appraise for the contracted price, buyers are willing to pay the difference.

 I can say this is a great market not only for Sellers but for buyers as well. We are experiencing the beginning of a sellers’ market. Good for Sellers that are looking into making a profit. And even though buyers are having to look longer due to lack of inventory, we still have historically low interest rates.

I have to mention the urgency buyers are experiencing if they are planning to get a FHA loan. The Department of Housing and Urban Development and the Federal Housing Administration press release reads HUD No. 12-037, “FHA will increase its annual mortgage insurance premium (MIP) by 0.10 percent for loans under $625,500 and by 0.35 percent for loans above that amount. Upfront premiums (UFMIP) will also increase by 0.75 percent.”

If you are looking to buy or sell your home in the DFW area act now an allow me to use my marketing and service skills to make your Real Estate experience a breeze. Call me today for free consultation 972-489-4050

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Let Brenda “Taylor” the way to your new home! ©

1403 Eagles Nest Krum TX for sale

RE/MAX Brenda Taylor Mobile Phone: (972) 489-4050 Website or Mobile: http://www.brendaptaylor.com/DFW11893290 E-mail: brendataylor@remax.net

1403 Eagles Nest Trail Krum, TX 76249 MLS#: 11893290 Price: $150,000 Bedrooms: 4 Full Bathrooms: 2 Half Bathrooms: 0 Hard to find Beautiful single story home 4 bedrooms 2 baths! Ready for new owners to enjoy recently installed tile throughout living areas, open floor plan, kitchen wall is now open to both dining areas for better flow. Huge master suite features separate shower and tub. Oversized living room and built in desk in hall. Back yard offers stone covered patio, built in grill and a garden area. Landscaped front & back with several trees & rose bushes.

SOLD

The information being provided is deemed reliable but not guaranteed. All information must be verified by the purchaser. Listing information courtesy of: RE/MAX NORTH ASSOCIATES III ©2013 North Texas Real Estate Information Systems, Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, North Texas Real Estate Information Systems, Inc.

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What is the DFW Metroplex?

Welcome to DFW !

Live large. Think Big – an appropriate slogan for the number one visitor destination in the Lone Star State.
Dallas is a great place to be in business. Not only is Dallas the largest metropolitan area in Texas, it is the ninth-largest metro in the U.S.
Fort Worth, on the other hand, is much more than a smaller version of Dallas- and much different than Dallas, too. It’s the 17^th largest city in the U.S. and was also named one of the “America’s Most Livable Communities.” A thriving city rich in both culture and commerce, Forth Worth is home to world famous museums, universities and more than 650,000 people call “Cowtown” home. The Forth Worth Stockyards is the city’s centerpiece and is a premier livestock center.  *Destination DFW

The Dallas-Fort Worth-Arlington metropolitan area is compromised of 12 counties, which are further divided into two metropolitan divisions: Dallas-Plano-Irving and Fort Worth-Arlington. Resident of the area informally refers to it as The Metroplex.

For relocation information or homes for sale in the Dallas-Ft Worth area call Brenda P Taylor at 972-489-4050 or go to www.brendataylor.remaxtexas.com