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Cindy Allen, Realtor
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Cindy Allen, Realtor's posts

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To buy or rent... Is that still even a question? Should it be?

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No rose colored glasses in this market, please. Or you'll miss out on opportunities while waiting on something that isn't available. 

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The big question for this first quarter is will enough inventory come into the market to keep prices affordable for buyers? 

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The US numbers are good.... Texas, led by the DFW Metroplex, are even better!

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Costly Mistake? Seeing buyers overestimate the amount of downpayment required AND the the required credit score to buy. Waiting to move forward could be costly the way home prices have been rising. Best to sit down and run over the numbers with someone in the know. 

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Until the supply of homes for sale starts to meet the buyer demand, prices will continue to increase. Great for home sellers. Not so much for buyers. 

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Soooo much more benefit in owning a home than just financial.... Did you ever stop to think about the social impact you're making?

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Lawrence Yun, Chief Economist at NAR: “The dismal number of listings in the affordable price range is squeezing prospective first-time buyers the most. As a result, young households are missing out on the wealth gains most homeowners have accrued from the 41% cumulative rise in existing home prices since 2011.”


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Ok, so 41% of Americans would prefer to buy new construction. Can't blame them. But 46% of those are also willing to pay 20% extra! I work with builders all the time. I love new homes..... But 20%?!
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