eXp Realty
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- 1/37 373 Beds 4 Baths 2,546 SqFt$3,100New
- 1/40 403 Beds 2 Baths 1,268 SqFt$300,000Open Sun 2PM-4PM
336 Dry Canyon Way, Fort Worth, TX 76052
Listed by Lynn Beaurline of eXp Realty LLC
Single Family Home
- 1/36 363 Beds 2 Baths 1,196 SqFt$310,000Open Sat 12PM-2PM
- 1/36 363 Beds 2 Baths 2,332 SqFt$399,900Open Sat 1PM-4PM
3714 Kiest Knoll Drive, Dallas, TX 75233
Listed by Carol Holmes of eXp Realty LLC
Single Family Home
- 1/29 294 Beds 3 Baths 2,742 SqFt$515,000Open Sat 12PM-3PM
5316 Crosstrees Street E, Rowlett, TX 75088
Listed by Lee Lamont of eXp Realty LLC
Single Family Home
- 1/26 263 Beds 2 Baths 1,398 SqFt$330,000Open Sat 2PM-4PM
2116 Buffalo Hill Drive, Mesquite, TX 75149
Listed by Maria Rocha of eXp Realty LLC
Single Family Home
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RECENTLY SOLD
- 1/30 303 Beds 2 Baths 1,873 SqFt
$379,000
4806 Lindsey Drive, Rowlett, TX 75088
Listed by Shaun Walding of RE/MAX DFW Associates
Single Family Home
- 1/40 404 Beds 3 Baths 3,312 SqFt
$694,000
5540 Bentrose Drive, Mckinney, TX 75070
Listed by Harish Nehate of RE/MAX Town & Country
Single Family Home
- 1/13 133 Beds 2 Baths 1,485 SqFt
$265,000
1801 Woodland Park Drive, Denison, TX 75020
Listed by Doug Walters of SHER-DEN REALTY
Single Family Home
MY BLOGS
Is Wall Street Really Buying All the Homes?
Let’s be real – buying a home right now is tough. You’re scrolling through listings, rushing to open houses, and maybe even losing out to more competitive offers. Somewhere along the way, you might’ve heard the reason it’s so hard to find a home is because big Wall Street investors are swooping in and snatching up everything in sight.But here’s the thing: that’s mostly a myth. While investors are part of the market, according to Redfin, they’re a relatively small part:Here’s what that means. Five out of every six homes are being purchased by everyday homebuyers like you – not big investors.So, before you get discouraged, let’s take a look at what’s really going on. You might be surprised to learn that Wall Street isn’t the competition you may think it is.Most Investors Are Small Mom-and-PopsMost investors aren’t the mega corporations you’ve probably heard about. In fact, many are your neighbors. A recent report from CoreLogic shows most investors are small, mom-and-pop types who own fewer than 10 properties. They aren’t massive companies with endless resources. Picture your neighbor who has another home they’re renting out or a vacation getaway.Only about 1% of the market is owned by large, mega investors with thousands of properties. The majority are still owned by individuals and smaller investors – not the Wall Street giants.Investor Purchases Are DecliningNot only are most investors small, but overall investor purchases have been on the decline. As the same report from CoreLogic says: “Investors made 80,000 purchases in June 2024, compared with 112,000 in June 2023, and a nearly 50% percent drop from the high of 149,000 purchases in June 2021 . . .”And what does this mean going forward? CoreLogic goes on to point out this downward trend is expected to continue into 2025.So, if it seems like competition with investors is pushing you out of the market, it might help to know that investor activity is actually slowing down.Bottom LineThe idea that Wall Street is buying up all the homes is largely a myth. Most investors are small ones, and the share of homes purchased by investors is declining – so you can take this one off your worry list.If you have questions about the housing market, talk to a local real estate agent. They can explain what’s really happening.
Don’t Let These Two Concerns Hold You Back from Selling Your House
If you’re debating whether or not you want to sell right now, it might be because you’ve got some unanswered questions, like if moving really makes sense in today’s market. Maybe you’re wondering if it’s even a good idea to move right now. Or you’re stressed because you think you won't find a house you like.To put your mind at ease, here’s how to tackle these two concerns head-on.Is It Even a Good Idea To Move Right Now?If you own a home already, you may have been holding off because you don’t want to sell and take on a higher mortgage rate on your next house. But your move may be a lot more feasible than you think, and that’s because of your equity.Equity is the current market value of your home minus what you still owe on your loan. And thanks to the rapid appreciation we saw over the past few years, your equity has gotten a big boost. Just how much are we talking about? See for yourself. As Dr. Selma Hepp, Chief Economist at CoreLogic, explains:“Persistent home price growth has continued to fuel home equity gains for existing homeowners who now average about $315,000 in equity and almost $129,000 more than at the onset of the pandemic.”Here’s why this can be such a game-changer when you sell. You can use that equity to put down a larger amount on your next home, which means financing less at today’s mortgage rate. And in some cases, you may even be able to buy your next home in cash, avoiding mortgage rates altogether.The bottom line? Your equity could be the key to making your next move possible.Will I Be Able To Find a Home I Like?If this is on your mind, it’s probably because you remember just how low the supply of homes for sale got over the past few years. It felt nearly impossible to find a home to buy because there were so few available.But finding a home in today’s market isn’t as challenging. That’s because the number of homes for sale is growing, giving you more options to choose from. Data from Realtor.com shows just how much inventory has increased – it's up almost 30% year-over-year (see graph below):And even though inventory is still below pre-pandemic levels, this is the highest it’s been in quite a while. That means you have more options for your move, but your house should still stand out to buyers at the same time. That’s a sweet spot for you.It’s important to note, though, that this balance varies by local market. Some places may have more homes for sale than others, so working with a local real estate agent is the best way to see what inventory trends look like in your area. Bottom LineIf you’re thinking about selling, hopefully these concerns haven’t kept you up at night. With this information, you should realize you don’t have to let the what-if’s delay your move anymore.Connect with a local agent so you have the data and the local perspective you need to move forward.
The Big Difference Between Renter and Homeowner Net Worth
Some HighlightsIf you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth is nearly 40x higher than a renter’s. Connect with an agent if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.