Monthly Archives: March 2022
1337 Shelley Drive Burleson, TX | Hornburg Real Estate Group
NEW ON-SITE TODAY! Click this link to see the property. Offered for $350,000 Beautifully updated home with a flexible floorplan that offers an open layout! The kitchen has eat-in space and a breakfast bar that’s open to the living room! The fenced backyard is a great place to enjoy the outdoors! Speaking of outdoors, the community... Read More
What’s Happening with Mortgage Rates, and Where Will They Go from Here? | Hornburg Real Estate Group
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 throughout 2021 was steady compared to... Read More
The Best Week To List Your House Is Just Around the Corner | Hornburg Real Estate Group
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 (excluding 2020, since it was... Read More
A Key To Building Wealth Is Homeownership | Hornburg Real Estate Group
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: “Homeownership is rewarding in so many ways and can serve as a vital component in achieving... Read More
What You Can Expect from the Spring Housing Market | Hornburg Real Estate Group
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... Read More
What You Need To Know if You’re Thinking About Building a Home | Hornburg Real Estate Group
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 construct more... Read More
The Many Benefits of Homeownership | Hornburg Real Estate Group
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 a home today, think... Read More
The Average Homeowner Gained More Than $55K in Equity over the Past Year | Hornburg Real Estate Group
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... Read More
Did Your Dream Home Just Come on the Market? | Hornburg Real Estte Group
For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes after six months of declines). Here’s a graph showing the monthly new listings going back... Read More
Are You Wondering if This Is the Year To Buy a Home? | Hornburg Real Estate Group
Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced an increase in your monthly housing costs over time. After all, according to Census data, rents have risen consistently for... Read More