Living In The DFW

🚨 DFW New Construction Update

In the last 7 days, there have been 777 price drops on homes built after 2024, according to MLS activity.

At the same time, builders are offering price reductions, flex cash, and rate buy-down options on select inventory and near-completion homes as they close out their fiscal year.

This combination doesn’t come around often and is typically time-sensitive.

If buying a home is even a maybe this year, now is a smart time to get clarity—not pressure.

👉 Book a quick call here: CC

Nice!!

Los Angeles Chargers RB Ezekiel Elliott bought a new $2.5 million mansion in Frisco, Texas after reuniting with his old team, the Dallas Cowboys, last season. Located just 40 minutes from AT&T Stadium, the 7,518-square-foot home sits on a modest 0.64-acre plot. The home features 4 bedrooms, 6 bathrooms, and offers all the essential luxury features, including a home theater, and a saltwater pool. More photos in comments.

Home sellers outnumber buyers by record amount: What that means for prices

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Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast.

Amplify Your Down Payment Potential

For first-time buyers, the name of the game with down payments is making sure you’re taking advantage of all the resources out there designed to help you.

For example, there are loan options that require as little as 3% down, or even 0% for certain qualified borrowers, like Veterans. And let’s not forget down payment assistance, like grants and other opportunities, that help you cover the upfront cost of your down payment.

If you’re interested in exploring those options and what you may be able to use to your advantage, connect with a trusted lender.

Don’t Let News Headlines About Down Payments Scare You

There’s one more thing to address. News coverage has been talking about...

The Down Payment Assistance You Didn’t Know About Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. 

Even though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re offering key incentives to buyers. And both of these things can be a big help if you're worried about finding a home that’s right for your budget.

During the pandemic, homebuyers were looking for larger homes—and many could afford them. Builders responded to that demand and created bigger spaces to help people with things like working from home, setting up home gyms, and having extra rooms for virtual school.

Now, with affordability as tight as it is, builders are turning their focus to smaller single-family homes. At the end of the day, builders are going to focus on building homes that meet current market demand – because they want to build what they know will sell. And the number one thing homebuyers are looking for right now is better...

The Latest Builder Trend: Smaller, Less Expensive Homes Even though affordability is improving, buying a home can still feel tough right now.

Mortgage rates are trending down and that’s great news for your bottom line. As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power. If you put your search on hold when mortgage rates were higher, think about how much you could save now that rates are coming down.

Lower Mortgage Rates Boost Your Buying Power Mortgage rates are trending down and that’s great news for your bottom line.