Archive for December 1st, 2008

Dallas – Fort Worth Housing Market

Monday, December 1st, 2008

While so many major markets across the country are experiencing housing slumps, Dallas-Fort Worth remains one of the countrys two strongest housing markets. This can be attributed to several factors, among them a healthy local economy, high employment rates, stable economy, steadily growing home values and home affordability. These, in turn, have contributed to the DFW areas reputation as a low-risk real estate market.

The current slowdown in housing starts, due to an abundant supply of new home inventory, has had little effect on the median price of new homes in Dallas-Fort Worth. Values continue to increase and should escalate further as existing inventory is sold. As a result, theres no time like the present for families like yours to make a new home purchase and take advantage of the affordable prices and the anticipated growth in value after you buy. You

Buyer Tips: How to Shop for a Home

Monday, December 1st, 2008

House hunting seems fairly straightforward, right? Show up, check out a few properties and find your dream Fort Worth home…

But it’s not always that easy. Instead, create a game plan and begin your home search in an organized, orderly manner. It will take much of the frustration out of home buying and make it the exciting, positive experience it should be!

The following tips will help you when searching for your piece of Forth Worth real estate:

  1. Make a list of must-haves. Are two, full bathrooms absolutely necessary? Is a two-car garage something you won’t budge on? You can instantly narrow down your search by only visiting those homes which meet your basic criteria.

Now, that doesn’t mean a strict list, either, as this will leave you empty-handed and disappointed. But it should include a fairly narrow price range and a short list of minimums that your home must have.

  1. Once you have your list of must-haves and a budget, you can further refine your list by location. The home of your dreams may not be so dreamy when you’re fighting a tough commute to and from work everyday. Check out the home’s location in terms of its proximity to your children’s school, your work, shopping centers, playgrounds, etc. to determine if it makes the cut.
  2. Once you’ve actually started your home search and made it through the door, you’ll want to get a good idea of the room sizes to determine whether your furniture will fit. You may be extremely disappointed if your antique bedroom set doesn’t come close to fitting into your new bedroom.
  3. Survey the neighborhood to determine if it’s a good fit for you and your family. Is the home located on a busy street? How are the other homes in the neighborhood cared for? Is the neighborhood noisy, or unsafe? No matter how great the home is, it won’t work if the neighborhood isn’t a good fit.