Guest Post by Richard Woodward
The cost of waiting to buy your Texas home
Many of my clients asked me if now is a good time to buy a Texas home. My answer to almost everyone is if you can afford to buy a house right now, you need to do it.
Over the last five years Texas rental rates have skyrocketed. More people are staying in their existing home for longer periods of time which is keeping the supply of available homes for sale at record lows. Interestingly enough mortgage rates have remained low for the last several years and are still near historic lows. This makes your mortgage payments less than rent in many cases.
With major corporations such as Toyota, State Farm, Liberty Mutual, and a host of many others moving their headquarters to the Dallas Texas Metroplex the demand for housing exceeds the available inventory. Why not purchase now ahead of the completion of these major corporations headquarters so that you can take advantage of lower prices and future appreciation.
So let’s analyze what it might cost you to not purchase this year and wait one year. I’ve put together a financial analysis which you can view as a recorded video. If you are viewing this from a phone or a tablet you may need to download the free mortgage coach app. Copy and paste if the link did not work: https://mcedge.tv/16rdp0
Download my free E-Book; Things To Consider When Buying A Home
My team and I are one of the top Dallas Texas lender’s. We are a direct lender with quick turn times and a Close on Time attitude. Let’s get you pre-approved today. Apply online here or call my office at 214-945-1066 for a quick and easy over the phone application.
