When buying a home, one of the first decisions you'll need to make is whether to buy a new construction home or a resale home. Both options have their own unique benefits and drawbacks, so it's important to weigh them carefully before making a decision.

New construction homes

New construction homes offer a number of advantages, including:

  • Energy efficiency: New construction homes are built to meet the latest energy efficiency standards, which can save you money on your energy bills in the long run.
  • Modern features and finishes: New construction homes often come with the latest features and finishes, such as smart home technology, stainless steel appliances, and granite countertops.
  • Low-maintenance: New construction homes are typically…

248 Views, 0 Comments

Be informed and maybe they won’t be! The answer to the interest rate question can be found by looking at how high 30-year fixed rate mortgages rates were in any one particular year. Our team looks at data like this and keeps track of the history of the 30-year fixed high points of each year that was has been recorded since in 1971.

What years had the highest interest rate in a particular month in the 3% range? 2012, 2020, 2021, and 2022. How many years had a month where the highest interest rate range was 4 to 5%? From 2009 (with the exception of 2012) all the way to 2019 had a month or more where interest rates were in the 4 to 5 percent range. Combined that is 10 years.

Overall, when we look at all the years from 1971 to 2022, there were 31 of…

203 Views, 0 Comments

"Home For Sale on cul-de-sac in highly desirable zip code area of Plano!" This recently updated home has tons of charm for someone looking for a home with ample space for their family. With approximately 2,642 sq. ft. and three bedrooms and two bathrooms this home is absolutely stunning! Close to shopping and restaurants as well all the wonderful parks that Plano offers it's citizens. Situated in a highly sought after zip code area which makes this family home even more desirable. Check out this listing on our website at www.roxannedeberry.com and go to "Search Listings" tab and then click on "our Listings"

If you are interested in this wonderful home contact The DeBerry Team of KW at 214-215-5106 and we will be happy to answer your questions and show…

220 Views, 0 Comments

What is important when interviewing a realtor for the job of representing you. The realtor or the realtor’s brokerage? Both!  Let me explain. Successful brokerages are those that offer their agents a host of services that can assist the agent to be better trained and more productive for their clients. Of course, it is up to the agent to take advantage of the supportive programs to enhance their business. Let’s take the brokerage that I hold my license under, Keller Williams Realty. Unlike public companies this is a privately held company that has excelled due to their agent centric programs.

Keller Williams realized early on that the agents were the key to having a successful company and they went all in to give their agents a major say on how the…

241 Views, 0 Comments

Texas homeowners have the opportunity to lower their property taxes and increase school funding in the upcoming election. Proposition 4 is a constitutional amendment that would increase the homestead exemption from $40,000 to $100,000, authorize the state legislature to limit the annual appraisal increase on non-homestead real property, exclude appropriations made to increase state education funding from the state appropriations limit, and allow the state to provide additional funding for public schools based on student need.

If Proposition 4 passes, Texas homeowners would save an average of $1,250 to $1,450 per year on their property taxes. The amendment would also provide billions of dollars in additional funding for public schools, which would help…

246 Views, 0 Comments

Are you looking for a beautiful new construction home in a great location? Look no further than 208 Nathan Drive in Princeton, TX! This 1-story home offers 3 bedrooms, 2 bathrooms, a study, and 1,837 square feet of living space.

The open concept design of the main area creates a spacious feel, perfect for entertaining or spending time with family. The living room has large windows that let in plenty of natural light, and the kitchen is equipped with modern stainless-steel appliances, granite countertops, a gas stove, ample storage, and a pantry.

The spacious primary bedroom includes an ensuite bathroom with a dual sink vanity, walk-in shower, soaking tub, separate water closet, and walk-in closet. This home also presents crown molding, raised…

199 Views, 0 Comments

Are you thinking about buying a home? If so, you're probably wondering whether to buy a resale home or a new construction home. Both have their own advantages and disadvantages, so it's important to weigh them carefully before making a decision.

Here are some of the key differences between resale homes and new construction homes:

  • Price: Resale homes are typically more affordable than new construction homes. This is because they've already taken on some depreciation, which means the seller is recouping less of their investment.
  • Location: Resale homes are often located in established neighborhoods, while new construction homes are often located in newer developments. This can be a major factor for some buyers, as they may prefer the amenities…

237 Views, 0 Comments

In Collin County and Texas in general the weather has been hot! However, we haven’t set a record yet since the most days over 100 degrees was something like 70 days over 100 degrees in a row! Wow that is hot! Is it possible to describe the single-family resale market in the same terms as our present weather? Yes and no. Median home prices were up about 2.3% in August compared to August of 2022. Median days on market was the same as last August. Even though prices have gone up slightly, offers on homes are down from August of 2022. Offers are coming in at 98.1% of list compared to 98.8% last year. Not a big difference, right? August 2022, we had only 2.1 months of inventory and this August we had 2.4 months of inventory of resale homes in Collin County.…

209 Views, 0 Comments

Looking for a charming and family-friendly neighborhood in McKinney? Look no further than Fountainview! This neighborhood is located just minutes from downtown McKinney and offers a variety of amenities, including

  • Beautiful homes: Fountainview is home to a variety of beautiful homes, from traditional to modern styles
  • Excellent schools: Fountainview is served by some of the best schools in the area, including McKinney ISD
  • Proximity to downtown McKinney: Fountainview is just minutes from downtown McKinney, where you can find shops, restaurants, and entertainment.
  • Abundant green space: Fountainview is home to several parks and green spaces, perfect for enjoying the outdoors

If you're looking for a great place to raise a family,…

246 Views, 0 Comments

Is the residential real estate profession the right one for you? The statistics say this profession has the highest turnover than any other profession. Other stats say that only 20% of realtors do 80% of the business. The cost can be high to be a realtor since it is commissioned based and realtors only keep part of the commission that they earn. Why you may ask? Realtors have to pay their Broker’s based on a percentage basis or by other means, there are real estate fees, marketing fees, office rent if you have one, equipment if you are on your own or possibly paying the Broker for those types of things and if you are going to be good you have to be continually looking for new business by lots of methods which takes time, knowledge and money. At this point…

236 Views, 0 Comments