Round Rock Home Values

Advice, Expertise and Valuations for Home Sellers If you're planning to sell your home, you need to know the costly mistakes to avoid so you can get the highest price for your property when its sold.

We're committed to sharing tips, advice and ideas for increasing your home's value. Our goal is to give you the information that can help you make smart decisions when you decide to sell your home. You can visit our site online to get a free, automated home value or if you need a detailed analysis so you can make smarter decisions about selling your home you can request a free comparable market analysis.

Remote Work Trends Mean Flexibility for First-Time Homebuyers 04/06/2022

Remote Work Trends Mean Flexibility for First-Time Homebuyers

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Remote Work Trends Mean Flexibility for First-Time Homebuyers

Today's low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you're one of many people who work remotely, you may have a great opportunity to use the flexibility you have at work to achieve your homebuying goals this year.

In a recent report, Arch Capital Services explains how the ongoing trend of remote work can open up more options for homebuyers. “. . . This will enable those who are able to work from home on a part-time or hybrid basis to move slightly farther away from job centers. . . . For workers who secure full-time remote jobs, their place of residence will be determined by affordability and personal preferences.” Basically, working from home is great news if you’re a first-time buyer trying to find a home that meets your needs and budget.

If your job is 100% remote, you...

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Remote Work Trends Mean Flexibility for First-Time Homebuyers Today's low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you're one of many people who work remotely, you may have a great opportunity to use the flexibility you have at work to achieve your homebuying goals this year.

What You Need To Budget for When Buying a Home 04/05/2022

What You Need To Budget for When Buying a Home

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What You Need To Budget for When Buying a Home

There are many trusted professionals who can help you understand your finances and what you’ll need to budget for throughout the process.

To get you started, here are a few things experts say you should plan for along the way.

>>1. Down Payment

The National Association of Realtors (NAR) says:

“One of the biggest misconceptions among housing consumers is what the typical down payment is and what amount is needed to enter homeownership. Having this knowledge is critical to know what to save . . .”

To understand your options, partner with a trusted professional who can go over the various loan types, down payment assistance programs, and what each one requires.

>>2. Earnest Money Deposit

First American explains what it is:

“The deposit made from the buyer to the seller when submitting an offer. This deposit is typically held in trust by a third party and is...

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What You Need To Budget for When Buying a Home When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you understand your finances and what yo...

Balancing Your Wants and Needs as a Homebuyer Today 04/04/2022

Balancing Your Wants and Needs as a Homebuyer Today

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Balancing Your Wants and Needs as a Homebuyer Today

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. Danielle Hale from realtor.com explains, “Focus on the goal you set out for yourself, like your list of must-haves and nice-to-haves and your budget, . . . Stick to that. Be persistent.”

The first step is to get pre-approved for your mortgage. Once you have a good grasp on your budget, you can begin to list all the features of a home you would like. Here’s a great way to think about them before you begin:

>>Must-Haves – If a house doesn’t have these features, it won’t work for you and your lifestyle (examples: distance from work or loved ones, number of bedrooms/bathrooms...

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Balancing Your Wants and Needs as a Homebuyer Today Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs.

It’s Still a Sellers’ Market 04/02/2022

It’s Still a Sellers’ Market

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It’s Still a Sellers’ Market [INFOGRAPHIC]

Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell. Don’t miss out on this unique opportunity. DM me so you can take advantage of this hot sellers’ market.

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It’s Still a Sellers’ Market Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell. Don’t miss o...

04/01/2022

How Not To Get Fooled When You Sell This Spring

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How Not To Get Fooled When You Sell This Spring

Selling a house on your own can be a risky decision. Let's connect so we can put together a foolproof plan when you sell this spring.

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There Are Several Great Reasons To Consider Buying a Condo Today 03/31/2022

There Are Several Great Reasons To Consider Buying a Condo Today

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There Are Several Great Reasons To Consider Buying a Condo Today

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider.

>>Exploring Condos Could Add Options That Fit Your Budget
Supply challenges are a reality across the board in today’s housing market. Broadening your home search to include condos could increase your overall pool of options. Just keep in mind, condos generally differ from single-family homes in average space and floorplans. But if the size of a condominium meets your needs, they could match your budget as well. Data from NAR shows the difference in the median price for both housing types. For single-family homes, the median price is $363,800. And for condominiums, the median price is lower at...

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There Are Several Great Reasons To Consider Buying a Condo Today If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.

What’s Happening with Mortgage Rates, and Where Will They Go from Here? 03/30/2022

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

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What’s Happening with Mortgage Rates, and Where Will They Go from Here?

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Sam Khater, Chief Economist at Freddie Mac, explained in a press release last week, “This week, the 30-year fixed-rate mortgage increased by more than a quarter of a percent as mortgage rates across all loan types continued to move up. Rising inflation, escalating geopolitical uncertainty and the Federal Reserve’s actions are driving rates higher and weakening consumers’ purchasing power.”

In a recent article by Bankrate, several industry experts weighed in on where rates might be headed going forward. Here are some of their forecasts:

>>Greg McBride, Chief Financial Analyst, Bankrate:
“With...

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What’s Happening with Mortgage Rates, and Where Will They Go from Here? Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throug...

The Best Week To List Your House Is Just Around the Corner 03/29/2022

The Best Week To List Your House Is Just Around the Corner

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The Best Week To List Your House Is Just Around the Corner

Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. The research says, “Home sellers on the fence waiting for that perfect moment to sell should start preparations, because the best time to list a home in 2022 is approaching quickly. The week of April 10-16 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year.”

If you’ve been putting your move on the backburner waiting for the ideal time to sell, you should know your golden window of opportunity is coming up. If you’re able to get your house ready quickly, here’s what you can expect from that week.

>>You Should See More Buyer Activity
This could result in increased competition among...

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The Best Week To List Your House Is Just Around the Corner Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed housing market trends by looking at data from the past several years (ex...

A Key To Building Wealth Is Homeownership 03/28/2022

A Key To Building Wealth Is Homeownership

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A Key To Building Wealth Is Homeownership

But many people may not realize just how much owning a home contributes to your overall net worth.
Here are just a few reasons why, if you’re looking to increase your financial stability, homeownership is a worthwhile goal.
>>Owning a Home Is a Building Block for Financial Success
A recent NAR report details several homeownership trends and statistics, including the difference in net worth between homeowners and renters. It finds:
“. . . the net worth of a homeowner was about $300,000 while that of a renter’s was $8,000 in 2021.”
To put that into perspective, the average homeowner’s net worth is roughly 40 times that of a renter.
>>Equity Gains Can Substantially Boost a Homeowner’s Net Worth
The net worth gap between owners and renters exists in large part because homeowners build equity. As a homeowner, your equity grows as your home appreciates in value and you...

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A Key To Building Wealth Is Homeownership The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says:

How an Energy Efficient Home Can Be a Bright Idea 03/26/2022

How an Energy Efficient Home Can Be a Bright Idea

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How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]

With inflation driving up the cost of everyday items, seeking out an energy efficient home can be a great way to decrease the expenses you can control. Energy efficiency can help lower your utility bills and possibly even save you money on your taxes. Options to look for include efficient appliances, windows, and solar panels. If you’re planning to buy a home this year, consider energy efficiency in your search. Let’s connect so you can better understand features that can save you money for years to come.

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How an Energy Efficient Home Can Be a Bright Idea Some Highlights With inflation driving up the cost of everyday items, seeking out an energy-efficient home can be a great way to decrease the expenses you can control. Energy efficiency can help lower your utility bills and possibly even save you money on your taxes. Options to look for include effi...

03/25/2022

What Do Rising Home Prices Mean for Buyers?

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What Do Rising Home Prices Mean for Buyers?

Home prices are continuing to rise. Let's connect so you can better understand what this means for your homebuying goals.

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What You Can Expect from the Spring Housing Market 03/24/2022

What You Can Expect from the Spring Housing Market

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What You Can Expect from the Spring Housing Market

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years — the housing market seems to be relatively immune. Here’s a look at what experts say you can expect this spring.

>>Mortgage Rates Will Climb
Freddie Mac reports the 30-year fixed mortgage rate has increased by more than a full point in the past six months. And despite some mild fluctuation in recent weeks, experts believe rates will continue to edge up over the next 90 days.

>>Housing Inventory Will Increase
There may be some relief coming for buyers searching for a home to purchase. Realtor.com recently reported that the number of newly...

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What You Can Expect from the Spring Housing Market As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reser...

What You Need To Know if You’re Thinking About Building a Home 03/23/2022

What You Need To Know if You’re Thinking About Building a Home

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What You Need To Know if You’re Thinking About Building a Home

Here’s the latest on some of the key challenges homebuilders are experiencing today and how they could impact your plans to move up. When you know what’s happening in the industry, you can make an informed decision on whether to look for a newly built or an existing home in your home search.

>>Supply Chain Issues

The first hurdle builders are dealing with is the lack of supply of various building materials. According to a recent article from HousingWire, “. . . Nearly everything needed in the homebuilding process is facing some sort of delay and subsequent price increase.”

>>Skilled Labor Shortage

But that’s not the only challenge with new home construction today. Builders are also having a hard time finding skilled labor, which means they’re short-handed, further dragging out their timelines. But there is good news. The February jobs...

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What You Need To Know if You’re Thinking About Building a Home If you’re ready to move up, you may be trying to decide whether you want to buy a home that's already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either avenue. While home builders are doing everything they can to co...

The Many Benefits of Homeownership 03/22/2022

The Many Benefits of Homeownership

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The Many Benefits of Homeownership

Here’s a look at a few of the non-financial and financial benefits of owning a home. If you’re looking to buy a home today, think about all the ways homeownership can impact your life.

>>Homeownership Has Impactful Personal and Emotional Benefits
Owning your home gives you a significant sense of pride because it’s a space which is truly yours. And as a homeowner, you can customize your home to your heart’s desire. Having a space you’ve put your stamp on enhances the pride and sense of ownership you may feel. And that sense of ownership can extend beyond your shelter to help create social, community, and civic benefits as well. As NAR says, “Living in one place for a longer amount of time creates an obvious sense of community pride, which may lead to more investment in said community.”
>>Owning a Home Is a Significant Step Toward Financial Stability
In a financial...

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The Many Benefits of Homeownership The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide. But homeownership has so much more to offer. Here’s a look at a few of the non-financial and financial benefits of owning a home. If you’re looking to buy...

The Average Homeowner Gained More Than $55K in Equity over the Past Year 03/21/2022

The Average Homeowner Gained More Than $55K in Equity over the Past Year

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The Average Homeowner Gained More Than $55K in Equity over the Past Year

If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect – and this gain is great news for you.

Here’s how it happened. Home values are on the rise thanks to low housing supply and high buyer demand. When you own a home, the rising prices mean your home is worth more in today’s market. And as home values climb, your equity does too. As Dr. Frank Nothaft, Chief Economist at CoreLogic, explains, “Home prices rose 18% during 2021 in the CoreLogic Home Price Index, the largest annual gain recorded in its 45-year history, generating a big increase in home equity wealth.” According to CoreLogic, the average homeowner’s equity...

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The Average Homeowner Gained More Than $55K in Equity over the Past Year If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect – and this gain is great ne...

Videos (show all)

How Not To Get Fooled When You Sell This Spring
What Do Rising Home Prices Mean for Buyers?
3 Tips for Selling Your House in Today's Market
Thinking of Buying or Selling a Home?
Things-To-Avoid-After-Applying-for-a-Mortgage
Why We're Not Headed for a Housing Crash
Why Acting Strategically as a Seller Is Your Best Play
Is This Your Year To Break Up with Renting?
Why Pre-Approval Is Key This Year
No Matter What the Groundhog Says, You Should Sell Before the Spring
What Are the Best Tips if You're Planning To Sell Your House?
Home Equity Is a Seed That Can Grow Your Wealth

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Round Rock, TX
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