Hey, everyone! Here’s my perspective – there’s a great feeling in the air, and the Dallas / Fort Worth area real estate market is heading into a very strong Spring market this year! I’m really looking forward to helping lots of home buyers take advantage of the robust inventory of available homes AND the lowest interest rates I’ve ever seen.
Here’s a home that I previewed yesterday for one of my clients. It’s a 1,500+ square foot home in a gated community in Hurst-Euless-Bedford, with beautiful floors and a really nice upgraded kitchen. It’s situated in the middle of everything, with easy access to the airport and downtown Dallas or Fort Worth. The HOA takes care of the front yard and maintenance of the community’s pool. Price? Less than $160K.
So, at today’s interest rates, with 5% down, the principal and interest payments on this one would be about $700 monthly based upon a 30-year fixed rate mortgage at 4% (plus taxes, insurance, PMI, and HOA dues). Wow – what a great time to buy, huh?
Have an awesome day!