How the Ryan & Brian Team's Experience Helped Kathy Sell Her Home Quickly

“They were very professional but they knew what was going on and what to do. They talked to me every time I called, I got to talk to someone. If I needed to talk to Ryan instead of his assistant, he called me as soon as he could. They know the market. I wish I could have gotten more for my house – but I might have kept if for a year had they not known the right price to ask. I really do feel like they’re very experienced in the valley with what’s going on and what sells and how to sell it. This thing went really fast. I think only 2-3 people saw it. It went on the market on a Friday and then the next morning, maybe one or two people saw it. Monday morning, I had an offer. It sold really fast. In fact, I have a friend who also used them before I did who was moving out of the valley. Their house sold in like 5 days. I highly recommend them if I had any other reason to buy property or list a house.  I would use them without even thinking twice.”

-Kathy Steward

Why Interest Rates Are So Low Right Now

Global economics have had a positive effect on the American real estate market. How can you take advantage of these historically-low rates? Want to sell your home? Get a home value report
Want to buy a home? Search all homes for sale

It's not very nice to profit from your neighbors’ troubles. Sometimes, though, there's simply nothing you can do to stop it. At the beginning of the summer, as I'm sure you have heard, the UK voted to leave the EU. This became known as "Brexit," and it has created heaps of uncertainty and worry for our neighbors across the Atlantic. Here in the U.S., though, Brexit has been nothing but good news for the real estate market. Because of Brexit, investors all over the world wanted a safer place to invest, and this pushed already low mortgage rates down even further to almost unseen lows. In fact, we are now in the middle of the second-longest run of cheap mortgage rates in history. The 30-year fixed rate mortgage is 3.46%; this is only a few points above its all-time low of 3.31%. What does this mean for you? First, if you are looking to buy a home, now is an unusually good time to do so because these low rates mean you will be paying less. As an example, taking out a 30-year, $250,000 mortgage today versus a year ago (when the rate was 3.91%) would mean that you would save more than $25,000 over the lifetime of the loan.

These ultra-low mortgage rates won’t last forever.

The other way to look at it is that at today’s rates, you can afford a more luxurious home without paying more. For example, if you were to take out a 30-year mortgage, you could now afford $15,000 more for a home than a year ago while keeping the same monthly payments.

Clearly, this is a great opportunity.

Now, if you are looking to sell rather than buy, these low rates also benefit you tremendously. The more the mortgage rates drop, the more buyers there are, and the greater the demand is for homes.

This healthy demand keeps up the price of your home and ensures your home will get sold quickly. Not surprisingly, pending home sales are up by 1.3% this summer and are now at the second-highest level in over a decade.

As you can imagine, these ultra-low mortgage rates won’t last forever and will rise sooner or later.

If you are looking to take advantage of this unique situation while it lasts, give our team a call or send us an email. Whether you’re looking to buy or sell, we’re always here to help.

Are You Hurricane-Ready?

There are a lot of things to love about September. The beginning of fall and the start of football season are important are just a few of the things we have been looking forward to. There is another important distinction that makes September important to us: hurricane preparedness.

September is Hurricane Preparedness Month, so we wanted to reach out to you and give you some tips so that you are ready when the storms hit. 

One thing you may not know is that you cannot update your homeowners insurance to include hurricanes or floods once the storm enters the Gulf of Mexico. The first thing you should do is speak with your provider to make sure you are covered. 

Once you’ve done that, there are three main steps you should take:

1. Make a plan
2. Build a kit
3. Get informed

We’ve got you covered on all three fronts with the links we’ve provided below.

Texas Prepares has information on each of these three steps at their website here. 

We’ve also found some other great resources for you on the internet, including some hurricane safety checklists, and an extended list of items to pack in your kit here. We also found some great information on home preparation during hurricanes.

If you have any questions for us at all, we would love to hear from you. Give us a call or send us an email; we look forward to talking with you soon.