Pegasus Realty

05/15/2024

https://www.msn.com/en-us/money/realestate/investors-are-scooping-up-roughly-1-in-5-homes-sold-in-the-housing-market-and-making-more-money-than-before/ar-BB1mrTak?ocid=socialshare&cvid=f0ba874a379f4555967e368948160bb2&ei=26

In the first quarter, investor purchases rose for the first time in almost two years, according to Redfin.

01/11/2024

Another reason to carry a non-plastic water bottle and keep plastic out of the landfills and waterways!

Researchers found hundreds of thousands of plastic particles in one-liter bottles of water sold in the US, 90% of them small enough to enter the human bloodstream.

10/27/2022

YIKES!!

The housing market is in a scary place these days, but if COVID-19 has taught us anything, it's that things can change quickly.

09/25/2022

There is some calm after the storm...read on...

Despite higher interest rates, homebuyers are entering some surprisingly favorable housing market conditions that could offset their financing woes.

09/23/2022

Gives a whole new meaning to Schoolhouse Rock!!

According to traffic patterns on Realtor.com, living in a converted schoolhouse is quite the trend these days.

08/08/2022

Not really a Seller's market...but prices are still up!

The seller's market is changing fast. Here's a closer look at five new realities of selling a home in today's market.

05/13/2022

It's supply and demand issue. It is still a Seller's market. But as interest rates rise, fewer buyers are out there and as people realize their property tax bills are increasing, more are considering selling their homes. Best thing to do right now, is to hold tight and be patient. If you have any questions, do not hesitate to PM me.

Finally, there's some good news for prospective home buyers.

04/25/2022

If you are a homeowner and want to save taxes, vote YES on proposition 1 and proposition 2 in our next election in May and if you are NOT a homeowner, vote YES for future tax savings!! TEXAS STATE PROPOSITION 1
If passed, Proposition 1 would amend the state constitution to authorize the state legislature to reduce the property tax limit for school maintenance and operations taxes imposed on the homesteads of disabled residents or those over the age of 65.
The amount paid to public schools is typically the largest obligation on a property tax bill. The state would make up the difference and, according to the Legislative Budget Board, the reduction of those property taxes is estimated to cost $744 million from 2024 to 2026.
The annual savings for the estimated 2 million exemption holders would be $109 in 2024 and $124 in 2025, though actual savings will vary due to actual property value.
TEXAS STATE PROPOSITION 2
In passed, Proposition 2 would raise the homestead exemption from $25,000 to $40,000 for school district property taxes. According to calculations released by the state, the amendment is expected to save 5.67 million homeowners about $175 annually.
"If passed, both of these propositions will cut independent school district property tax bills by increasing homeowner exemptions that will save money for all 5.67 million homesteads in the State of Texas," stated State Sen. Bettencourt. "All homeowners with homesteads will save money on their property tax bills. Over 65 homeowners will see their freeze values actually decline, and lifetime savings from both bills in the many thousands."

04/17/2022

Some helpful information to guide you through the home purchase maze! Happy Easter to all! :)

Many homebuyers don't have their facts straight about the mortgage application process. Here's what they have wrong.

12/02/2021

Not sure why the picture is not showing up...but a very good article about DFW real estate market indicators. Some good points and stats...

North Texas home prices are forecast to rise by 4% next year – only a fraction of recent record gains. The Dallas-Fort Worth price prediction is still slightly ahead of the 2.9% increase in nationwide home listing prices, according to a new report from Realtor.com. But D-FW’s projected gain for ...

11/03/2021

Interested in a "vintage bungalow"?

11/02/2021

Zillow was never supposed to be in the Realty biz...it was originally launched as a data collector and advertising

Zillow Group Inc. is calling it quits on the home-flipping business, while disclosing losses of more than $550 million on homes purchased in the second half of this year for which the company admits it paid too much.