Leslie Barrett- Remax Four Corners

07/05/2024

Remax Four Corners McKinneyTexas

Homeowners Gained $28K in Equity over the Past Year

If you own a home, your net worth has probably gone up a lot over the past year. Home prices have been rising, which means you're building equity much faster than you might think. Here’s how it works.

Equity is the current value of your home minus what you owe on the loan.
Over the past year, there have still been more people wanting to buy than there are homes available for sale, and that’s pushed prices up. That rise in prices has translated directly into increasing equity for homeowners.
How Much Equity Have You Earned over the Past 12 Months?

According to the latest Homeowner Equity Insights from CoreLogic, the average homeowner's equity has grown by $28,000 in the last year...





Message me if you'd like to talk about buying or selling! Or, any real estate questions you might have.

If you own a home, your net worth has probably gone up a lot over the past year.

07/05/2024

Remax Four Corners McKinney Texas

What To Avoid After Applying for a Mortgage

If you’ve already applied for a mortgage, there are some things you’ll want to avoid doing. So, contact your loan officer before making any financial moves or decisions. 



Message me if you'd like to talk about buying or selling!! Or let me know if you have any real estate questions!

07/04/2024

Remax Four Corners McKinneyTexas

Housing Market Forecast for the 2nd Half of 2024

Housing market forecasts for the second half of the year say price growth will moderate, rates could come down slightly, and home sales will hold steady. Want to talk about what these forecasts mean for you? Reach out and let’s chat.





Message me if you'd like to talk about buying or selling! Or, any real estate questions you might have.

07/04/2024

Remax Four Corners McKinney Texas

Buying a home? Don't skip the inspection.

It protects your financial interest and helps you understand the home's condition. If issues arise – like an old roof or HVAC repairs – your agent has your back.

They can help you negotiate repairs with the seller so you can feel confident about buying your home.



Message me if you'd like to talk about buying or selling!! Or let me know if you have any real estate questions!

07/03/2024

Remax Four Corners McKinney Texas

The Difference Between an Inspection and an Appraisal

When you decide to buy your first home, you may come across a number of terms and conditions you’re not familiar with. While you may have a general idea of what an inspection is, maybe you’re not sure why you need one or how it’s different from an appraisal. To keep it simple, here’s an explainer of each one and what they mean for you as a homebuyer.

Home Inspection

Once you’re under contract on a home you’d like to buy, getting an inspection is a key part of the process. An inspection gives you a clear idea of the safety and overall condition of the home – which is important for such a big transaction.

And don’t worry – you don’t have to go...



Message me if you'd like to talk about buying or selling!! Or let me know if you have any real estate questions!

When you decide to buy your first home, you may come across a number of terms and conditions you’re not familiar with.

07/03/2024

Remax Four Corners McKinneyTexas

Equity is the current value of your home minus what you owe on the loan.

And thanks to the ongoing rise in home prices, the average homeowner's equity grew by $28,000. That’s huge.

Check out the map above to see how much the typical homeowner gained in our state.

And if you want to find out how much equity you have, reach out to me and let’s chat.





Message me if you'd like to talk about buying or selling! Or, any real estate questions you might have.

07/02/2024

Remax Four Corners McKinneyTexas

If your house didn’t sell, it's natural to feel frustrated.
And when you’re ready, it’s worth it to take a look at what happened.
One thing to consider is the price.
Was it priced right? If not, that could’ve turned buyers away.
If you want someone’s help figuring out the right price or getting it back on the market with a fresh strategy, let's connect and make it happen.





Message me if you'd like to talk about buying or selling! Or, any real estate questions you might have.

07/02/2024

Remax Four Corners McKinney Texas

Did you know?

Real estate has been voted the best long-term investment for 12 years straight.

That’s because history shows home values usually go up. And when that happens, it helps homeowners grow their net worth.

So, if you’re debating renting or buying, remember to factor this into your decision.

When you’re ready to start your homeownership journey, let's connect.



Message me if you'd like to talk about buying or selling!! Or let me know if you have any real estate questions!

07/01/2024

Remax Four Corners McKinneyTexas

Housing Market Forecast for the 2nd Half of 2024 [INFOGRAPHIC]

Wondering what the second half of the year holds for the housing market? Here’s what expert forecasts say. Home prices are expected to climb moderately. Mortgage rates are forecast to come down slightly. And, home sales are projected to hold steady. If you have questions about what to expect for the rest of the year, DM me so we can have a conversation about what it means for you and your plans.





Message me if you'd like to talk about buying or selling! Or, any real estate questions you might have.

Wondering what the second half of the year holds for the housing market? Here’s what expert forecasts say. 

07/01/2024

Remax Four Corners McKinney Texas

What To Do When Your House Didn’t Sell

If your listing expired and your house didn’t sell, it’s totally natural to feel a mix of frustration and disappointment. And as you’re working through that, you’re probably also wondering what went wrong and what you should do next.

Was It Priced for Today’s Market?

Setting the right price from the start is key. While it might be tempting to try shooting high with your price, that can slow down the selling process big time. If your house was priced higher than others similar to it, it may have turned away buyers. And that’s likely why it sat on the market.

Was It Easy for Buyers To Tour?

One of the biggest mistakes you can make when selling your house is...



Message me if you'd like to talk about buying or selling!! Or let me know if you have any real estate questions!

If your listing expired and your house didn’t sell, it’s totally natural to feel a mix of frustration and disappointment.

06/30/2024

Remax Four Corners McKinneyTexas

How Long Will It Take To Sell My House?

You want your house to sell fast. And you may be wondering how long the whole process is going to take. One way to get your answer? Work with a local real estate agent.

They have the expertise to tell you how quickly homes are selling in your area and what’s impacting timelines for other sellers.

The Growing Supply of Homes for Sale

Over the past few months, the number of homes for sale has increased. This is good news when you move because it means you’ll have more options as you search for your next home. But it also means buyers have more to choose from, so if your house doesn’t stand out – it may take a bit longer to sell.

How It’s Impacting Listings Today

Think of the homes on the market like...





Message me if you'd like to talk about buying or selling! Or, any real estate questions you might have.

You want your house to sell fast. And you may be wondering how long the whole process is going to take. 

06/30/2024

Remax Four Corners McKinney Texas

Housing Market Forecast for the 2nd Half of 2024

Housing market forecasts for the second half of the year say price growth will moderate, rates could come down slightly, and home sales will hold steady. Want to talk about what these forecasts mean for you? Reach out and let’s chat.



Message me if you'd like to talk about buying or selling!! Or let me know if you have any real estate questions!