Find Off-Market Properties For Sale [PRIVATE CLIENTS ONLY]

Find Off-Market Properties For Sale 

[PRIVATE CLIENTS ONLY]

One of the biggest issues facing homebuyers today is the lack of inventory in the market.  A normal amount of inventory is considered 5-6 months.

Absorption Rate:  

ACTIVE INVENTORY ÷ AVG HOMES SOLD PER MONTH = MONTHS OF INVENTORY

Since many of our clients are looking in areas and price ranges under 2 months of inventory, the selection relative to the amount of buyers is VERY LOW!  This creates some tough situations like multiple offers and finding out about properties too late.

As a buyer, you want to have an advantage.  You need to have choices.  You need to be in a position of strength.

This is why we have a unique Home Hunter Service.  Our Home Hunter Service is available only to our private clients, and will get you access to off-market properties that other buyers and real estate agents don't have access to.  This can make you a home-buying hero!

RECENT STORY:  We had a private client looking in a specific area, and our property research team found a property that was not listed on the internet, not listed by a real estate agent (not in the MLS), and not available to the public.  Not only were we able to help the seller by having a pre-approved ready-to-buy client, but we were also able to help our buyer get the home of their dreams!

If you've been looking around for a home, chasing listing agents, or just relying on the internet to find your next home...CALL US NOW!  This program is only offered to our private clients, and it's FREE for you to become one today!

Start you home search today at 

http://www.mydallashomefinder.com/

 

 

Thinking about selling?  Get a FREE home value report

Go to http://www.mydallashomefinder.com/homevalue/

 

 

 

Happy New Year & 2015 Market Predictions

Happy New Year & 2015 DFW Market Predictions

Happy Happy Happy New Year!  Can you believe that it is already 2015?  "Time flies when you're having fun," I've heard someone say before.  I guess that's true.

We had a great year in 2014.  We helped many families sell and buy real estate in the DFW area, and we're hoping to help even more in 2015!

Let's first take a look at 2014 in review:


Days on Market:

The median days on market remained flat at 28 days.  With half of all home sales completed in less than 60 days from time of listing, sellers should be prepared ahead of time with moving plans, living arrangements, etc or life can feel like it is going out of control.  But quick home sales are positive for long-term real estate growth.

Inventory:

The amount of residential real estate for sale fell another 17.5% to 3.3 months.  This represents a 3-year low, and is the key economic indicator studied by Scott Neal Real Estate to determine the overall landscape of the market.  Low inventory means rising prices. 

Pricing:

The story that everyone always wants to know is "Where are home prices?"  Well...they're up!  DFW's median home price rose another 7.2% in 2014 to $185,000.

Sales Activity:

Sales have leveled off.  Down 0.3% from 2014.  Almost 100,000 residential sales occurred in DFW.  Sales seem to be flat mainly because inventory is so low.

2015 Predictions

2015 doesn't show any signs of slowing down.  Inventory remains low, interest rates remain historically low (4%-4.5%), builder confidence remains high, and consumer confidence in the overall US economy remains high.  

Most economists and industry experts are predicting a 15%-28% rise in national home prices over the next 5 years.  Interest rates are expected to rise gradually as well.  However, last year we were blessed with a slow decline in mortgage rates (4.5% to 4.0%).  

 
Advice for Buyers:

If you have been wanting to buy...BUY NOW!  Don't wait any longer.  It will only become more expensive over the coming years with rising prices compounded by rising mortgage rates.  In addition, rents have been on the rise as overall housing inventory shrinks.  

Our VIP Buyer Program will take care of your entire buying strategy, including inspections, appraisals, financing, insurance, etc.  We will help you find the best home while saving you $1000's in unnecessary expenses. 

Start you home search today at 

http://www.mydallashomefinder.com/

Advice for Sellers:

If you've been waiting for prices to increase, here we are!  Take advantage of this great seller's market and get top price for your home!

We're so confident that we can sell your home in 59 days, we guarantee it.  We offer a list of innovative services that the average real estate agent doesn't have to offer.  If you've been wanting to sell, call us today!

Thinking about selling?  Get a FREE home value report

Go to http://www.mydallashomefinder.com/homevalue/

Scott Neal Real Estate

214-295-5060

info@scottsealrealestate.com

Happy Holidays from Scott Neal Real Estate

Happy Holidays from Scott Neal Real Estate

December 2014

I want to personally wish all of our past clients, vendors, colleagues, friends & family a 

VERY HAPPY HOLIDAYS!

We here at Scott Neal Real Estate are looking forward to spending some time with our friends and family during the holidays, and I'd like to encourage you to 

tell someone how much they mean to you.

Merry Christmas & Happy New Year!

- Scott Neal

Start you home search today at 

http://www.mydallashomefinder.com/

 

 

Thinking about selling?  Get a FREE home value report

Go to http://www.mydallashomefinder.com/homevalue/