A Few Highlights From The Forecast From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. Although home sales may slow, the overall outlook is still good. Combine that with Texas’ status as popular destination for businesses and those who are tired […]
Mortgage rates increased significantly at the end of this year and that may mean you have questions about what this means for you if you’re planning to buy a home. Here is some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates […]
From all of us here at McNair Custom Homes, we’d like to wish you a very, merry Christmas. Throughout the year, we’ve built some incredible memories with our owners and we’re very excited to see what 2023 brings. We hope you find some time to spend with family, good friends, and those you love. Merry […]
If you’re questioning whether or not to buy a home in the near future due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 290.2% since 1991. Homeownership pays off in the long run.
With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons this isn’t like the […]
Losing a property you had your heart set on can be disappointing, but you must ensure that it doesn’t turn you into a vulnerable buyer. You must remind yourself to fight the emotions of missing out and stick to the fundamentals of a property search. Whatever you do, don’t fall into the trap of feeling […]
If you’re weighing up the pros and cons of selling your home or remodeling, there’s a temptation to stay in place, shying away from the commitment of finding a new home in a highly active and competitive market. We’ve worked with many clients who began their home buying journey by remodeling their old home. They […]
As real estate continues to achieve record prices and prove once again its value as a long term investment, there’s never been a more important time for buyers to make sure they have a healthy deposit. The recent sequence of interest rate rises that have pushed mortgage rates to around 6% means buyers must manage […]
Wood floors can be a major selling point of a home, they’re the foundation of a property’s aesthetic beauty and never fail to impress. Many sellers appreciate the impact of a wooden floor, and they will invest in having it stripped back, sealed and polished, often at the cost of several thousand dollars, to add […]
Downsizing is becoming an increasingly attractive proposition for those entering late middle age and even younger owners that don’t want some of the ongoing costs of maintaining a larger home. The National Association of Realtors (NAR) says one in four transactions now involve a seller seeking to downsize. And data from Freddie Mac suggests the […]
If you’re one of the millions of Americans who can’t get through their early morning routine without a coffee, have you ever wondered about the possibility of reusing all those grinds that you tip in the trash? Coffee grinds are excellent fertilizer and perfect for a small balcony garden in a condo or apartment and […]
The exhilaration of being a first time homebuyer and finally closing on your new home is unforgettable: your home is full of endless possibilities. As a first time owner, you’re likely to want to put your mark on your new home, and that means hitting the furniture stores and redecorating. But, don’t be too hasty […]