• Bolton | EXIT Homevets Realty Blog Page Blog

    Monday, December 17, 2018   /   by Exit Homevets Realty

    Central Texas! Here Are 5 Reasons To Sell This Winter!

    Here are five reasons listing your home for sale this winter makes sense.


    1. Demand Is Strong


    The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.


    Take advantage of the buyer activity currently in the market.


    2. There Is Less Competition Now


    Housing inventory is still under the 6-month supply that is needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon.


    Historic ...

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    Wednesday, December 12, 2018   /   by Exit Homevets Realty

    Don't Get Caught in the Rental Trap in 2019

    Every year around this time, we take time to reflect and plan for next year. If you are renting your current home but have dreams of homeownership, your plan for the new year may include buying, and you wouldn’t be alone!
    According to the 2018 Bank of America Homebuyer Insights Report, 74% of renters plan on buying in the next 5 years, with 38% planning to buy in the next 2 years!
    When those same renters were asked why they disliked renting, 52% said that rising rental costs were their top reason, and 42% of renters believe that their rent will rise every year. The full results of the survey can be seen below:

    It’s no wonder that rising rental costs came in as the top answer! The median asking rent pricehas risen steadily over the last 30 years, as you can see below!

    There is a long-standing rule that a household should not spend more than 28% of its incomeon housing expenses. With nearly half of renters (48%) surveyed already spending more ...

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    Wednesday, December 5, 2018   /   by Exit Homevets Realty

    Where Are Interest Rates Headed in 2019?

    The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.
    Below is a chart created using Freddie Mac’s U.S. Economic & Housing Marketing Outlook.As you can see, interest rates are projected to increase steadily throughout 2019.

    How Will This Impact Your Mortgage Payment?
    Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly. But don’t let the prediction that rates will increase stop you from purchasing your dream home this year!
    Let’s take a look at a historical view of interest rates over the last 45 years.

    Bottom Line
    Be thankful that you can still get a better interest rate than your older brother or sister did ten years ago, a lower rate than you ...

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      killeen, relocating to killeen, temple, bell county, copperas cove, fort hood, georgetown, tx, austin, buying a new home, first time home buyers, home selling, bolton, gated community, hoa, perfect for entertaining and bbq's, stainless steel appliances, two sided fire place, commute, energy efficiency, finance, lenders, mortgage, mortgage calculator, career, home inspections, home insurance, insurance

    Friday, November 30, 2018   /   by Exit Homevets Realty

    Central Texas! Further Proof It's NOT 2008 All Over Again!

    Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market.
    However, some are seeing these adjustments as red flags and are suggesting that we are headed back to the same challenges we experienced in 2008. Today, let’s look at one set of statistics that prove the current market is nothing like the one that preceded the housing crash last decade.
    The previous bubble was partially caused by unhealthy levels of mortgage debt. New purchasers were putting down the minimum down payment, resulting in them having little if any equity in their homes.
    Existing homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their home) so they walked away which caused ...

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      killeen, relocating to killeen, temple, bell county, copperas cove, fort hood, georgetown, tx, austin, buying a new home, first time home buyers, home selling, bolton, gated community, hoa, perfect for entertaining and bbq's, stainless steel appliances, two sided fire place, commute, energy efficiency, finance, lenders, mortgage, mortgage calculator, career, real estate career, real estate classes, real estate express, students, insurance, home insurance, home inspections

    Friday, November 30, 2018   /   by Exit Homevets Realty

    HOW TO GET INTO REAL ESTATE!

    Here’s a quick breakdown of the main steps that will help you learn the stops on how to get into real estate. 

    Research your state’s requirements. Every state has slightly different regulations governing real estate agents.
    Take a pre-licensing course. You can take one online or in the classroom. 
    Pass your licensing exam. Exam prep courses can give you the best chance at passing on your first time. 
    Launch your real estate career. Find a brokerage that can help you get started in the right niche.
    Grow your real estate business. 

    How to get into real estate
    Now that you know the basics of how to get into real estate let’s look at each step in greater detail.

    Access your Real Estate Career Switch Kit. 

    1. Research the options in your state
    Not every state has the same legal requirements for becoming a real estate agent. So before you decide what pre-licensing course to take and how to take it, you’ll need to know exact ...

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