Michelle Blackburn - Broker Associate with Nexthome

12/12/2025

I know there are many of us who have been watching the rates and hopeful that the Federal Reserve cuts would affect the mortgage rates and spark sales in homes. They have not come down as we had hoped or expected this past year.
With the prospective excitement from buyers about the recent cuts, followed by some confusion from those same buyers that despite the cut to the Fed rate; mortgage rates have actually seen an uptick.

Below is a fantastic article from Realtor . com about the importance the 10-Year Treasury plays in mortgage rates.

The average rate on 30-year fixed home loans registered at 6.22% for the week ending Dec. 11, up from 6.19% last week.

11/20/2025

Get ready to make a move! It is a Buyers market…

Price cuts on new homes hit a five-year high in November, with 41% of builders lowering prices amid economic uncertainty, according to the NAHB/Wells Fargo Index. Builders averaged a 6% price cut in November, unchanged from October, and 65% also offered incentives like rate buydowns in November.

08/07/2025

Flip inspiration! If you are looking for a project in a a city that has monthly Air BnB income, this is a great opportunity!

05/15/2025

Some of my favorite people have a new home and we could not be more excited to have them in Tyler!

05/09/2025

April Market report for Smith County

02/24/2025

🚨MAX Mortgage or Rent based on Income:

- $40K salary: $833
- $50K salary: $1,041
- $60K salary: $1,250
- $70K salary: $1,458
- $80K salary: $1,666
- $90K salary: $1,875
- $100K salary: $2,083
- $110K salary: $2,291
- $120K salary: $2,500
- $150K salary: $3,250
- $200K salary: $4,167
- $250K salary: $5,208
- $300K salary: $6,250
- $400K salary: $8,333

(Assuming 25% of income going to housing)

02/13/2025

We did it! So happy for the Cobbs to start their new chapter and thrilled for the new family who will have a wonderful home.
I am so grateful for friends who refer their friends to me and trust me to help with their real estate goals.
If you are ready to buy or sell a home, I would love to help you too!
Call me anytime!

02/06/2025

01/07/2025

Not what we had hoped, or been told, but here we are! It’s time to move forward and buy the properties. As they say.. “ Date the rate and marry the house….”

12/05/2024

Who else had their engagement and bridal pictures made here? I did in 1990. Post your pic if you want in comments.

This home has memories for so many Tyler people and it’s for sale! We made a price reduction yesterday. Having two acres, a full guest house and in Andy Woods Elementary is an amazing opportunity! Call your Realtor and make this home for your future memories! $549,900.