We’re coming out of the worst storm I have experienced in over 30 years of living in Texas. We are hearing of pipes bursting and water leaks all over the Austin area.

Many homeowners will be worried about home values being affected when selling a home with previous water damage. Whether you are planning to put your property on the market next month or in 5 years here are a few helpful tips to make your real estate transaction easier and let you sell for top dollar.

No Discount For Homes With Water Damage In Today’s Market

When you search for how to sell a home with water damage, you’re going to find hundreds, maybe thousands of blog posts written by companies that want to make a low-ball offer for your home.

For anyone planning…

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Everywhere I go people want to tell me the housing market is about to crash. Maybe the market will crash, maybe it won’t. If it’s true we are in a bubble and we will see a crash here are some of the reason we may see real estate prices pop.

Inflation and Interest Rates Going Up

There’s no doubt homebuyers are motivated by the historically low mortgage interest rates we are seeing. Many buyers are able to lock in 30-year fixed rate mortgages at 2.5% or better allowing them more buying power to stretch the price range of their home search.

Interest rates typically rise when inflation increases. With all the money being pumped into the economy it isn’t not hard to imagine we will see inflation once we see the pandemic coming to an end.

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