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My Real Estate Blog

Drop in Inventory Fuels Sales Slowdown [INFOGRAPHIC]

May 25, 2018

Some Highlights: Existing Home Sales are now at an annual pace of 5.46 million. Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines. The median price of homes sold in April was $257,900. This is the 74th consecutive month of year-over-year price gains. from…

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Selling Your House on Your Own Could Cost You

May 24, 2018

In this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner (FSBO). They rationalize that they don’t need a real estate agent and believe that they can save the fee for the services a real estate agent offers. However, a…

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Why Have Interest Rates Jumped to a 7-Year High?

May 23, 2018

Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie Mac’s Chief Economist, had this to say: “Healthy consumer…

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How Current Interest Rates Can Have a High Impact on Your Purchasing Power

May 22, 2018

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply put, is…

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Don’t Wait to Sell Your House! Buyers Are Out Now

May 21, 2018

Recently released data from the National Association of Realtors (NAR) suggests that a now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high. Let’s see…

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Is Your First Home Within Your Grasp Now? [INFOGRAPHIC]

May 18, 2018

Some Highlights: According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more ‘old millennials’ (25-36) are realizing that homeownership is within their grasp now! from Simplifying the Market™ https://ift.tt/2LbqfAv via IFTTT

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Moving Up to Your Dream Home? Don’t Wait!

May 17, 2018

Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true. Where are home values today compared to the beginning of the year? While rates have been…

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Renters Under 50 Want to Buy a Home!

May 16, 2018

Every year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing. One of the many questions asked in the housing section of the survey was: Assuming you had the financial resources…

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Access: An Important Factor in Getting Your House SOLD!

May 15, 2018

So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers. There are four elements to a quality listing. At the top of the list is Access, followed by…

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Broker License - 451933
Agent License   - 576437
1846 N Loop 1604 W #205
San Antonio, TX 78248
P - 210.213.2432
F - 210.483.5030
E - Chris@chriscollinstx.com

About Me

Whether you are looking to move to our great neighborhood or already live here I would love to help you with all of your Real Estate needs.

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My Team

With the Collins team, you will be treated with respect, honesty, and excellent customer service. We treat every customer like they are family because when you do business with us you are family.