🏚️➡️🏡 Why Buying a Fixer Upper Might Be the Smartest Move You Make This Year!

 

In today’s market, affordability is top of mind for most buyers — and fixer uppers are making a serious comeback. 💡 These homes often come with lower price tags, less competition, and a big opportunity to build instant equity once you roll up your sleeves and make a few updates.

The best part? Many fixer uppers don’t need a full overhaul — often it’s mostly cosmetic repairs like fresh paint, new flooring, or updated lighting that can completely transform a space. ✨ A little creativity and elbow grease can go a long way in turning a “before” into your dream “after.”

🏠 Whether you’re a first-time buyer looking for a deal or an investor hunting for value, learning how to spot the right fixer upper can help you maximize your investment and make a house truly your own.

👉 Read the full article here: Roll Up Your Sleeves: An In-Depth Look at Fixer-Uppers on the Market

📲 Thinking of buying a Fixer Upper? Let’s connect — I’ll help you locate, secure, and restore the right property so you can make the best move for your goals.

fantastic web resources that will turn your real estate dreams into a reality: Insider Tips, New Construction Marvels, and More! 🏡✨

bret@homeswithmerit.com 214-315-9465

Texas Real Estate Commission Consumer Protection Notice Texas law requires all license holders to provide prospective clients with an Information About Brokerage Services form. Bret Wilson REALTOR® 214.315.9465 Lic #0606304 bret@homeswithmerit.com

🔄 The Market Is Shifting — But Not in the Same Way Everywhere 🏡

 

If you’ve been keeping an eye on real estate trends, you’ve probably noticed one thing: it depends on where you look.

According to Realtor.com data, 23 of the top 50 metros are still in seller’s territory. At the same time, we just crossed a big milestone — active listings topped 1 million for the first time since winter 2019. In fact, August marked the fourth consecutive month with more than 1 million homes on the market. 📊

So, what does that mean for buyers and sellers? 🤔

➡️ For Buyers: With inventory finally building, you have more options to choose from — and leverage too. In August, 20.3% of listings had a price reduction. That means motivated sellers are willing to negotiate. If you’ve been waiting for more choices or better terms, now is the time to get into the market before conditions tighten again.

➡️ For Sellers: Don’t worry — many neighborhoods and price ranges are still working in your favor. In fact, some areas remain highly competitive, especially for move-in-ready homes in popular school districts or desirable locations. When marketed correctly, your home can still sell quickly and attract multiple offers.

💡 The key takeaway: This isn’t a one-size-fits-all market. Some neighborhoods are leaning buyer-friendly, while others are firmly seller-strong. Your strategy should be tailored to your specific price range, location, and timing.

📲 Thinking of buying or selling this year? Let’s connect — I’ll help you read the local market shifts so you can make the best move for your goals.

🏠📉📈

fantastic web resources that will turn your real estate dreams into a reality: Insider Tips, New Construction Marvels, and More! 🏡✨

bret@homeswithmerit.com 214-315-9465

Texas Real Estate Commission Consumer Protection Notice Texas law requires all license holders to provide prospective clients with an Information About Brokerage Services form. Bret Wilson REALTOR® 214.315.9465 Lic #0606304 bret@homeswithmerit.com

Look Beyond the Decor

 

It’s easy to get distracted by trendy décor or paint colors when touring homes, but the real value is in the bones of the house 🏡 Think about how the layout, natural light, and overall structure fit your lifestyle—those are the things that matter most. Ready to start looking with a sharper eye? Let’s connect and find a home that’s a true match for you ✨ 

💬 Thinking about buying this year? Don’t wait until the rush starts. Let’s talk strategy now and get ahead of the curve. 👇

 🏠📈💼

fantastic web resources that will turn your real estate dreams into a reality: Insider Tips, New Construction Marvels, and More! 🏡✨

bret@homeswithmerit.com 214-315-9465

Texas Real Estate Commission Consumer Protection Notice Texas law requires all license holders to provide prospective clients with an Information About Brokerage Services form. Bret Wilson REALTOR® 214.315.9465 Lic #0606304 bret@homeswithmerit.com

📉 Interest Rates Are Dropping — What It Means for You 🏡

 

Mortgage rates are sliding down again! As of today, the average 30-year fixed mortgage rate is sitting at 6.57% — the lowest we’ve seen since last October. 📆💸

Here’s my take: Once rates dip below 6%, we’re likely to see a surge of new buyers flood the market. That kind of momentum could shift us back into a seller’s market fast. ⏳🔥

But right now? We're in a sweet spot for buyers. 🎯 With fewer competitors and motivated sellers, negotiating power is still in your hands — for now. Whether it’s closing costs, repairs, or price reductions, today’s buyers have more leverage than they might in just a few months.

💬 Thinking about buying this year? Don’t wait until the rush starts. Let’s talk strategy now and get ahead of the curve. 👇

 🏠📈💼

fantastic web resources that will turn your real estate dreams into a reality: Insider Tips, New Construction Marvels, and More! 🏡✨

bret@homeswithmerit.com 214-315-9465

Texas Real Estate Commission Consumer Protection Notice Texas law requires all license holders to provide prospective clients with an Information About Brokerage Services form. Bret Wilson REALTOR® 214.315.9465 Lic #0606304 bret@homeswithmerit.com

🏡 Thinking of Waiting to Buy? Think Again! 📈

 

While some markets are seeing prices flatten or dip slightly, most real estate experts still predict home prices will rise steadily—by 2% to 5% annually over the next 5 years. That means waiting could cost you thousands in the long run. ⏳💸

📊 This isn’t a bubble—it's a slow and steady climb driven by long-term demand, limited inventory, and inflation. So whether you're a first-time buyer, investor, or move-up homeowner, now is still a smart time to make a move. 🏠✅

Read the full breakdown of what’s driving these trends and how to prepare:
🔗The Truth About Where Home Prices Are Heading

 🏘️📊📍

fantastic web resources that will turn your real estate dreams into a reality: Insider Tips, New Construction Marvels, and More! 🏡✨

bret@homeswithmerit.com 214-315-9465

Texas Real Estate Commission Consumer Protection Notice Texas law requires all license holders to provide prospective clients with an Information About Brokerage Services form. Bret Wilson REALTOR® 214.315.9465 Lic #0606304 bret@homeswithmerit.com

What is a Contingency in the World of Real Estate?

 

Have you ever heard the term "contingency" in real estate and wondered what it truly means? It's essentially a condition that must be met for a deal to proceed. These could involve things like securing financing, completing inspections, or other crucial details.

Contingencies are put in place to protect your interests throughout the home buying or selling process. I'm here to guide you through each step, ensuring you understand everything and that there are no surprises along the way.

Ready to get started?

fantastic web resources that will turn your real estate dreams into a reality: Insider Tips, New Construction Marvels, and More! 🏡✨

bret@homeswithmerit.com 214-315-9465

Texas Real Estate Commission Consumer Protection Notice Texas law requires all license holders to provide prospective clients with an Information About Brokerage Services form. Bret Wilson REALTOR® 214.315.9465 Lic #0606304 bret@homeswithmerit.com

🏡 Dallas-Fort Worth Real Estate Update – October 2024 📊

 

The DFW housing market continues to show resilience and opportunity despite mortgage rates holding above 7%. Here’s the latest snapshot:

📈 Median Home Prices: Up 2.5% from this time last year, showing a steady market.
🏠 Active Listings: A significant increase of 37%, providing more options for buyers.
⏳ Days on Market: Homes are averaging 57 days, giving buyers more time to make informed decisions.
📦 Monthly Inventory Supply: Holding steady at 4.1, reflecting a balanced market.
📑 Closed Sales: A robust 13.4% increase compared to last year, demonstrating ongoing buyer activity.
💰 Hot Price Ranges: Homes priced between $300,000 and $399,000 remain in high demand, with $500,000 to $750,000 close behind.

With mortgage rates above 7%, buyers are navigating carefully, but this market shift offers exciting opportunities. More inventory and slightly longer market times mean buyers have the upper hand in negotiations — for now. 🗝️

Ready to explore your options or list your home? Let’s connect and take advantage of today’s market!

fantastic web resources that will turn your real estate dreams into a reality: Insider Tips, New Construction Marvels, and More! 🏡✨

bret@homeswithmerit.com 214-315-9465

Texas Real Estate Commission Consumer Protection Notice Texas law requires all license holders to provide prospective clients with an Information About Brokerage Services form. Bret Wilson REALTOR® 214.315.9465 Lic #0606304 bret@homeswithmerit.com