I put together a short video with our team that covers some current issues.
Don't have 10 minutes? Jump to the section that interests you most or scroll below the video to see abbreviated notes.
- What's in the video: 0:00 - 0:44
- Why real estate prices crashed in January: 0:45 - 2:45
- Pillow talk 2:46 - 4:23
- Do this 1 thing NOW to save thousands when you sell your home 4:24 - 5:38
- What you need to know about Amazon moving their headquarters to DFW 5:39 - 7:50
- 1 big change to Tax protests this year 7:51 - 9:39
Real estate prices are down, which was expected. December was a record month and we expect to see significant price gains in February. Pricing is a result of the relationship between supply and demand so in the video I show you exactly where demand and supply levels are at and discuss what this means for you.
Amazon recently announced that they are moving their headquarters. Dallas Fort Worth is one of 20 areas under consideration. This would bring 50,000 new jobs over a 10 year period of time. Watch the video to learn which key factors play a role in their decision process.
Recent changes in the Texas Real Estate Commission (TREC) contract could cost you thousands if you don't know about them and take action now, well ahead of your plans to sell your home. Now all repairs must be completed by a licensed professional. This means after you get under contract, you can't fix anything in the house without calling a licensed professional. What may have cost you just $5 to do on your own will now cost as much as $75 when considering that most professionals will charge you a trip fee just to show up.
The main tax protest deadline this year is going to be May 15 instead of May 31. There is no need to act on this information now. They plan to send value notices out around April 1st. As soon as they do, we'll be on top of it to help. We are making preparations to help a record number of people. If you know someone that would reliably show up on time, do great work, treat it like a high paying job, but would be interested in volunteering to help, please send them my way.