Carrie Warren Real Estate Agent

Upcoming Open House Sunday 2/11/24 12-4
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Open House on Sun, Feb 11 12:00 PM in Rockwall at 301 Russwood ST

Three Critical Questions To Consider Before Your Home Purchase

In the dynamic world of real estate, conflicting housing headlines are par for the course. With the consensus among economists pointing towards a likely drop in rates in the coming year, it might be tempting to postpone your home purchase. However, understanding three key aspects of your market could guide you toward making the right decision now.

What is the current number of homes for sale?
Nationwide, the available homes for sale amount to less than half of what we had pre-Covid. The equation is simple: fewer homes translate to heightened competition.

What is the price trend?
A staggering 80% of housing markets are witnessing month-over-month price increases.

How high is buyer demand?
A useful barometer of demand is the number of homes that immediately go under contract and the traffic at open houses.

A market characterized by low inventory, rising prices, and soaring buyer demand will only become more competitive with dropping rates. More prospective buyers invariably lead to escalating prices. It may just be an opportune moment to start building equity.

Happy House Hunting!

Where do you want your wealth to be?

Do not pay “Homestead Designation Service” it’s a Scam! It is not your homestead tax exemption! You file that with the county you live in and it is freely given!!

The housing market has completely transformed over the past couple of years.

The Top 3 Pieces of Advice for Homebuyers and Sellers in 2023 The housing market has completely transformed over the past couple of years. So what does that mean if you're looking to buy or sell in 2023? Here are some crucial takeaways.

Often, the first step in deciding your home’s list price is to get a comparative market analysis (CMA). An agent will find similar homes in your neighborhood and use those factors and others to determine your home's estimated value based on the current market. If you’re ready to get started, let’s talk today! 👣

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There is no out of pocket cost to a buyer to hire an agent for the home buying process. Save yourself time, energy, and sleep, and hire an expert who can walk you through each step. 💰

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