Dallas housing will continue to be in short supply this year. And prices are expected to keep on creeping up. If you are thinking of buying or selling this year, remember these tips:
- Location matters. Multiple factors can affect the desirability of a location, including commute times to work and proximity to schools, restaurants, shopping and neighborhood attractions.
- What do you want in a home if you're buying? If you're selling, what do today's buyers want? You'll save a lot of time if you focus early on the most important features. Every buyer's goal should be to find the right home without falling in love with one that may not suit your needs.
- Get a pre-approval letter from a mortgage lender rather than guessing how much you or your buyer are qualified to borrow.
- Forget about horses this year. Get a house.