Monthly Archives: June 2021
What Do Experts See on the Horizon for the Second Half of the Year? | Hornburg Real Estate Group
As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first half of 2021, but what does the forecast tell us about what’s on... Read More
What To Expect as Appraisal Gaps Grow | Hornburg Real Estate Group
In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing to pay more than the market data supports is increasing.”... Read More
Homebuyers: Hang in There | Hornburg Real Estate Group
Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits outweigh the short-term challenges. Check out our website to get more information on buying, selling, investing in real estate. Please click Hornburg... Read More
Demand for Vacation Homes Is Still Strong | Hornburg Real Estate Group
The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration away from cities and into counties with more... Read More
Homeowner Wealth Increases Through Growing Equity This Year | Hornburg Real Estate Group
Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase their equity and their wealth simply by making... Read More
Pre-Approval Makes All the Difference When Buying a Home | Hornburg Real Estate Group
You may have been told that it’s important to get pre-approved at the beginning of the home-buying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to clearly understand your budget so you stand out to sellers as serious homebuyers. Being intentional... Read More
5 Things Homebuyers Need To Know When Making an Offer | Hornburg Real Estate Group
When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in mind when you’re... Read More
Housing Wealth: The Missing Piece of the Affordability Equation | Hornburg Real estate Group
The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. However, skyrocketing prices are causing some to start questioning affordability in the current housing... Read More
For Sale | 1324 Blazing Star Trail Burleson, TX | Hornburg Real Estate Group
NEW ON-SITE TODAY! Click this link to see the property. Offered For $250,000 Just in time for summer! You won’t want to miss this pool home that even has green space too! The fenced backyard will be the entertainer’s delight with a sparkling pool plus room to play! The open floorplan boasts a large living... Read More
For Sale | 500 Claymore Drive Euless, TX | Hornburg Real Estate Group
NEW ON-SITE TODAY! Click this link to see the property! Offered for $260,000 Location! Location! Location! Beautiful 3-2 home in an established neighborhood. Fabulous corner lot! Enjoy beautiful days outside in large private backyard with covered 15×19 deck. Open and airy floorplan includes spacious dedicated utility room with extra storage. Master suite features his and... Read More