Monthly Archives: April 2021
Should I Buy Now or Wait? | Hornburg Real Estate Group
Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates. Buying a home now means you’ll spend less in the long run. Let’s connect... Read More
Is Home Price Appreciation Accelerating Again? | Hornburg Real Estate Group
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. However, that... Read More
Patience Is the Key to Buying a Home This Year | Hornburg Real Estate Gr
Patience Is the Key to Buying a Home This Year The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale,... Read More
124 Spruce Street Red Oak, TX | Horburg Real Estate Group
NEW ON-SITE TODAY! Click this link to see the property! Offered for $360,000 No expense spared in this 5 bedroom, 4 bathroom castle nestled in this quiet Red Oak neighborhood. Grand entryway boasts hardwood floors & massive curved staircase. Your guests will be impressed as you continue through the main living area with sky high... Read More
Will the Housing Market Maintain Its Momentum? | Hornburg Real Estate Group
Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple explanation as to why... Read More
4 Tips to Maximize the Sale of Your House | Hornburg Real Estate Group
Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to the National Association... Read More
This Isn’t a Bubble. It’s Simply Lack of Supply.| Hornburg Real Estate Group
This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC] Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a... Read More
Magnificent Home in Burleson Texas | Homes by Hornburg
•Kitchen •Rooms and Living Area •Bathrooms •Backyard This home sits on a cul-de-sac in a beautiful neighborhood. The driveway gives plenty of parking for guests & entertaining! The foyer has a grand staircase with a dedicated office behind it. The home boasts 2 living rooms with fireplaces & beautiful views of the pool area! The... Read More
Don’t Be Fooled by Remarkable Real Estate Headlines | Hornburg Real Estate Group
Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term... Read More
Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home | Hornburg Real Estate Group
This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historic norm. Here’s why. After creeping up for seven consecutive weeks,... Read More