What are Closing Costs?
Closing costs are a set of fees that are charged to both the buyer and seller when a house is purchased or sold. While closing costs vary depending on location and other factors, they typically include items such as title and mortgage insurance…
Balancing Your Wants and Needs as a Homebuyer This Spring
Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years.
The Monthly Housing Market Trends Report from realtor.com puts it…
What Buyer Activity Tells Us About the Housing Market
Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News:
“Housing markets have cooled slightly, but demand hasn’t disappeared,…
What is a Home Inspector?
A home inspection is an important and necessary step when buying or selling a property. A licensed home inspector looks at the major components of a property to ensure they are in good condition and up to standards. This is essential for protecting…
VA Loans: Helping Veterans Achieve Homeownership
The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program:
“The objective of the…
What Makes A House A Home?
There’s no denying the long-term financial benefits of owning a home thanks to the appreciation in market value over time, but today’s housing market may have you wondering if now’s still the time to buy. While the financial…
What Experts Are Saying About The 2023 Housing Market
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage…
Homeowners Still Have Positive Equity Gains
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates.
Equity is the current value of your home…
Experts Forecast a Turnaround in the Housing Market in 2023
The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.
Now, as we move through 2023, there are signs things are finally going to turn around. Home price…
How Homeownership Can Help Shield You From Inflation
It's almost impossible to have not heard about rising inflation in recent months. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your…
The Truth About Negative Home Equity Headlines
Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you.
In…
McNair Custom Homes – Building The Home You Deserve
In Texas, reputation, honesty, and quality still matter. These are the cornerstones of every home built by McNair Custom Homes and the defining principles that John McNair has built his company on. You can see it in every home they build.…