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My Real Estate Blog

The High Impact of Low Interest Rates on Your Purchasing Power

Jul 11, 2017

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.96%, 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,…

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5 Reasons Why You Should Not For Sale By Owner!

Jul 10, 2017

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are…

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Median Days on the Market Drops to 27! [INFOGRAPHIC]

Jul 7, 2017

Some Highlights: The National Association of REALTORS® surveyed their members for their monthly Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in…

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Epic Housing Shortage Being Reported

Jul 6, 2017

The Joint Center of Housing Studies (JCHS) at Harvard University recently released their 2017 State of the Nation’s Housing Study, and a recent blog from JCHS revealed some of the more surprising aspects of the study. The first two revelations centered around the shortage of housing inventory currently available in both existing homes and new…

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Be Thankful You Don’t Have to Pay Mom and Dad’s Interest Rate

Jul 5, 2017

Interest rates have hovered around 4% for the majority of 2017, which has given many buyers relief from rising home prices and has helped with affordability. Experts predict that rates will increase by the end of 2017 and will be about three-quarters of a percentage point higher, at 4.5%, by the end of 2018. Last…

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Your Opportunity to Achieve the American Dream Keeps Getting Better!

Jul 4, 2017

Forbes.com recently released the latest results of their American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.” The monthly index measures several different economic factors, including goods-producing employment, personal and commercial bankruptcies, building permits, startup activity, unemployment insurance claims, labor force participation, and layoffs. The national…

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NAR Data Shows Now Is a Great Time to Sell!

Jul 3, 2017

We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. Two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house. Let’s look at the data covered in…

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Existing Home Sales Surge into Summer [INFOGRAPHIC]

Jun 30, 2017

Some Highlights: Existing Home Sales reached their third highest mark this year in May. Inventory of homes for sale has dropped 8.4% since last year, marking the 24th consecutive month of year-over-year declines. NAR’s Chief Economist, Lawrence Yun had this to say: “Those able to close on a home last month are probably feeling both…

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75% of Homeowners Think Now is a Good Time to Sell!

Jun 29, 2017

The National Association of Realtors (NAR) recently released the findings of their Q2 Homeownership Opportunities and Market Experience (HOME) Survey. The report covers core topics like, “if now is a good time to buy or sell a home, the perception of home price changes, perceived ability to qualify for a mortgage, and [an] outlook on…

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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.