469-582-0282
RE/MAX DFW Associates 6959 Lebanon Road, Suite 201 Frisco, TX 75034
T he H omestead at C arrollton
Each office independently owned and operated
C ynthia F owler
RE/MAX Hall of Fame REALTOR®, ABR, SRS, SFR, I.R.E.S RE/MAX DFW Associates
214-803-3452
CynthiaFowler@remax.net www.TheHomesteadHomes.com
W H Y E X P E RT S B ELIEV E WE A R E N OT FA C ING A
Real Estate
With home prices increasing, interest rates remaining at record lows and demand skyrocketing, the same question seems to be on everyone’s mind; are we in a real estate bubble? Experts and Realtors agree the answer is no.
BUBBLE
BETTER REGULATIONS ON LOANS
NEXT GENERATION INFLUENCE
SUPPLY IS STILL MUCH LOWER THAN DEMAND
Unlike the Great Recession’s collapse, home loans are no longer funded via low-doc / no-doc loans by borrowers lacking qualifications.
Over 50% of young adults live with their parents. It’s only a matter of time before these individuals are looking for their first home.
Lack of supply has been a factor for over a decade and has increased in the last year, creating massive shortages and dramatically increasing pricing.
EQUITY IS GROWING QUICKLY
BUILDERS CAN’T KEEP UP
PERMANENTLY WORKING FROM HOME
2020 saw an increase of 11%, and this year is on track for another 6% growth. People can sell or refinance and banks still come out ahead.
Some home builders have reported a ten-month waiting time for construction, while others are using a lottery system.
COVID-19 has shown that many jobs can be performed remotely, so buyers are moving to areas that better suit their lifestyles.
When a bubble pops, nothing remains – this is opposite of the current market. Demand is fueling the increase in pricing rather than low-qualified buyers obtaining loans. JONATHAN-THOMAS AND ANGELA-MARIE, With such a unique market, it’s important to work with a Realtor who understands not only the current market trends but our community as well. Let me go to work for you and help achieve your real estate goals. Please call me today at 214-803-3452 for a free consultation!
R eal E state M arket R eport | A pril 2021
Prepared Especially for Jonathan-Thomas and Angela-Marie Washington Presented by Cynthia Fowler RE/MAX DFW Associates The Homestead’s Top-Producing Agent RE/MAX Hall of Fame D Magazine - 2020 Best Real Estate Agent