Prime business building in the heart of downtown Bluff Dale. 8400 Sq. Ft. building could be used for many businesses. Just 45 minutes from DFW metroplex and connected through Granbury and Stephenville. Don’t overlook this opportunity and call today!
Close to Proctor Lake and US Hwy 377. Short drive to DFW area. The terrain is rolling with amazing views, woods, to flat pastures. Great tanks for watering animals, bringing in wildlife. Water is piped to most pastures for watering cattle. Great native grass & some enhanced. Property is a good match for cattle, recreation and developing. Great road frontage on FM 1496, CR 440 and CR 438. Excellent shopdominium, 9600sf, 3-2.5 living quarters. Insulated with electric. Good fences, Big trees, stock tanks & abundant wildlife. Working pens & hay barn.
Winter is traditionally real estate’s slow season. Between the cold weather and the holidays, the housing market typically falls right to a hibernation of sorts, with both sellers and buyers shelving any significant real estate movements until spring.
This winter real estate marketplace, however, is shaping up to be unlike any before it and, contrary to what some might have feared, is slated to become a superb time to sell a house. Actually, Lawrence Yun, chief economist at the National Association of Realtors, predicts”it will be among the best winter sales years .”
Why? Chalk this up to a great storm of reduced mortgage interest rates, sparse housing inventory, and a pandemic that’s fundamentally changed how, when, and in which buyers are shopping for homes.
Therefore, in the event that you’ve assumed you should put your own home-selling plans on hold until spring, then keep reading for a surprising fact check on all of the reasons this winter could be a terrific time to place your home on the market.
Pandemic lockdowns have generated pent-up buyer demand
While spring is generally property’s busy season, the”silent spring” of 2020 saw the housing marketplace grind to a near halt amid pandemic-mandated lockdowns. This, in turn, created pent-up demand to purchase property that is just now being unleashed.
COVID-19 has not just established pent-up demand, but many buyers are also from the market purely because they’re working/schooling from house and realizing their distance is not big enough–especially now that the temperature’s dropping so they can not easily escape to their back patio to catch up on mails independently.
And when individuals are allowed to keep on working from home instead of commuting to a workplace, they may also realize they can shop for homes farther outside cities–excellent news for home sellers who reside in more remote areas.
Home stock is low
Though buyers are plentiful, the number of homes available is way lower than normal. In accordance with realtor.com’s Monthly Home Marketplace Trends Report, in September, national housing stock dropped 39 percent over last year.
Sellers may get top dollar for their homes
It is simple supply and demand: Low supply and higher demand are bound to push home prices, therefore sellers stand to make a killing.
Across the country, median home record prices jumped 11.1% in September compared with a year ago, to $350,000, according to realtor.com.
Mortgage interest rates are low
For starters, despite high home costs, record-low interest rates mean they’ll save yourself a ton of money.
Interest rates on a 30-year fixed-rate loan were 2.8percent as of Oct. 22, according to Freddie Mac.
Pre-qualifying for a mortgage loans is frequently the first step towards owning a home.
Pay Attention to Falling Rates
Among the best ways to figure out when to use for home loans is to keep tabs on the rates of interest determined by the Federal Reserve. These interest rates set the floor on financing for lenders, so borrowing if there is a downward trend is almost always a good idea. If the trend has had the rates for a little, though, you might want to move faster–this might be a sign that the rates are going to return.
Look at Loan Types
Another good way to determine how to apply for a loan is to examine the sorts of loans that are out there. If you’re a first-time homebuyer who satisfies certain credit and income qualifications, then you can look at an FHA loan to get a lower deposit. Other borrowers might be better served by VA loans as well as traditional loans. Doing some research will allow you to figure out for which programs you should apply and what kind of documentation you will want going forward.
Look over Your Timetable
Among the most important approaches to figure out when you should apply for a loan would be to consider your schedule. It’s typically a good idea to start using to acquire pre-approved for financing round the exact same time you get serious about looking at houses, though there isn’t a wrong time to begin preparing your paperwork. Be aware that becoming pre-approved too early may be a problem as you may need to resubmit paperwork, but implementing beforehand is usually suggested.
Speak to a Lender
If you are ready to seriously start considering loans, then you’ll definitely need to talk to a lender. While you can really submit much of your pre-approval paperwork on the internet, you’ll eventually need to talk to a lender to go over the products that work best for you personally. Attempt to get estimates from many unique lenders to obtain an interest rate and loan product that works to suit your needs.
The ideal time to apply for financing entails looking at speeds, but it also requires knowing when you are seeking to buy. When you are ready, start searching for a fantastic loan product that’s going to satisfy your financial needs. Finding a mortgage may sound scary, but getting through the practice is easier today than it has ever been.
Preferred Properties of Texas is here for all your Real Estate Needs, so when your ready to buy a home give a call.
Homes for sale in Stephenville, Texas.