Price increases over time increase the value and equity of homes, while home affordability is an indicator of how good a city like Dallas is for single-family rentals. As the Dallas News recently reported, low mortgage rates and feverish demand from state buyers and remote real estate investors are driving home prices up 50% in some of Dallas's most popular neighborhoods.
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What are the chances of being denied a mortgage after pre-approval?
Another very common reason a mortgage is denied after prior approval is because the buyer assumes additional debt. Ask any experienced realtor if they've had a situation where their buyer applies for a new car loan after their home offer has been accepted.
What time of year is best to sell property?
The best time of year to sell a home is when supply is low and demand is high. Selling your home quickly and at a reasonable price depends on time.
Can you sell a house in 7 days?
You can close in as little as seven days and you don't have to worry about the sale failing or the buyer's uncertainty. Many professional home buyers will buy your home as is, meaning you don't have to worry about organizing your home or trying to make last-minute repairs.
What time of year is real estate the cheapest?
Winter is usually the cheapest time of year to buy a home. Salespeople are often motivated, which automatically translates into an advantage for you.