A home appraisal determines the generally accepted value of a home and the land it sits on. Many factors go into determining the value of a home including its location, square footage, functionality, upgrades, and other criteria.
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We mean it when we say that this isn’t your grandparent’s housing market. 60 years ago the median home price was around $21,000 – about four times the annual household income. All things being equal, this might be a financial cost today’s families could absorb with the right planning.
Then came COVID-19.
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Looking for a house can be…intimidating! There are so many steps in the process it can be hard to know where to begin.
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So you’re moving to Texas. Great choice!
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Credit scores. Like it or not they rule so much of our lives. And they’re particularly important when considering homeownership. That one three-digit number can determine whether you’re eligible to buy a home and, more importantly, how much you’ll pay for it.
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As of 2021, millennials made up about 37% of all homebuyers in the U.S., making them the largest percentage of buyers in the nation. On top of that, this younger generation is making a large impact on the homebuying market in terms of how they go about the process.
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So, you’re thinking of buying a new home. Smart move. Believe the hype when folks tell you there’s no better time. Mortgage interest rates are at historic lows, though no one knows for exactly how long. Now’s your best opportunity to take action. Whether buying your first house or fifth, you need to be on your toes. This market waits for no one and that goes double for new construction homes.
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You’ve decided to make a move to a new home in a master-planned community but now there are so many decisions to make when building a house! What style home will it be? Will your home have one story or two?
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Hillwood Communities has once again been recognized as one of the most respected master-planned community developers in the United States, taking home multiple awards celebrating the best of real estate in 2021.
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Building a new home? You’re most likely about to make the largest purchase of your life, so it’s important to choose the right builder. You want to be sure you find a homebuilder who will not only produce quality results, but who will also understand your needs and be easy to work with.
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