This home is a must see
Newly constructed in 2021, this Canyon Creek custom built home boasts 4 bedrooms, 3 bathrooms, and a spacious 3-car garage. Situated on just over an acre of land, this property offers ample space and privacy.
Step inside to discover stunning hand-scraped hardwood flooring throughout the main living areas, creating a warm and inviting atmosphere. The elegant open galley floor plan is ideal for hosting various occasions.
The master suite is a retreat with a freestanding tub, separate vanities, and a linen closet. Two bedrooms feature an adjoining jack and jill bath, each equipped with generous walk-in closets.
The 4th bedroom, overlooking the picturesque backyard, presents an excellent opportunity for a home office.
Enjoy the cozy ambiance provided by the floor-to-ceiling wood-burning fireplace, adorned with beautiful stone.
The entire back acreage is securely fenced, providing safety and peace of mind. Don't Miss out on the opportunity to call this amazing property your home!
220 Low Bird Lane, Waxahachie, Texas 75167
I want to see this home
This house is SOLD
Mark it $925K, dude! We are CLOSED! Congratulations to our clients on the sale of their fantastic home!
2 Fort Worth hotels lauded in Travel + Leisure's 2023 World's Best Awards
Two Fort Worth hotels are among five in North Texas to earn nods in the 2023 edition of Travel and Leisure's highly coveted "World's Best" list.
Winners of T+L's awards are decided by more than 165,000 readers who completed World's Best Awards survey in 2023. Each hotel was critiqued based on their rooms and facilities, their location, guest service, food, and overall value.
The DFW winners, in order, are:
No. 1 - Rosewood Mansion on Turtle Creek, Dallas
No. 2 - The Ashton, Fort Worth
No. 3 - The Ritz-Carlton, Dallas
No. 4 - Hotel Drover, Autograph Collection, Fort Worth
No. 5 - The Joule, Dallas
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Fort Worth ranks No. 4 hottest market for real estate development in last decade
Anew report has discovered Texas cities hold the top five most active real estate development markets in the country, with Fort Worth landing at No. 4 (and edging out fifth-ranked Dallas).
The ranking by storage marketplace StorageCafe reflects the city's resiliency over the last decade, even after a recent report declared that Fort Worth's quality of life had plummeted.
Fort Worth had the fourth highest number of single-family home permits between 2013 and 2022, totaling just under 50,600 units. At the same time, the city also permitted 36,686 new multi-family/apartment units. The massive influx of housing ultimately adds up to an impressive surge.
On the industrial end, Fort Worth also took the No. 4 spot for the most square feet of new industrial space construction. "With an economy anchored by several key industries, including defense, energy, logistics, aviation and aerospace, Fort Worth also added significant amounts of commercial real estate: over 58.5M square feet of industrial space and 6.6M square feet of retail space.," the report says.
This further solidifies the city's standing as a top destination for business.
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Real Estate News
Homebuyers Are Getting Used to the New Normal
Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal.
To better understand what’s been happening with mortgage rates lately, the graph below shows the trend for the 30-year fixed mortgage rate from Freddie Mac since last October. As you can see, rates have been between 6% and 7% pretty consistently for the past nine months:
According to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), mortgage rates play a significant role in buyer demand and, by extension, home sales. Yun highlights the positive impact of stable rates:
“Mortgage rates heavily influence the direction of home sales. Relatively steady rates have led to several consecutive months of consistent home sales.”
As a seller, hearing that home sales are consistent right now is good news. It means buyers are out there and actively purchasing homes. Here’s a bit more context on how mortgage rates have impacted demand recently.
When mortgage rates surged dramatically last year, escalating from roughly 3% to 7%, many potential buyers felt a bit of sticker shock and decided to hold off on their plans to purchase a home. However, as time has passed, that initial shock has worn off. Buyers have grown more accustomed to current mortgage rates and have accepted that the record-low rates of the last few years are behind us. As Doug Duncan, SVP and Chief Economist at Fannie Mae, says:
“. . . consumers are adapting to the idea that higher mortgage rates will likely stick around for the foreseeable future.”
In fact, a recent survey by Freddie Mac reveals 18% of respondents say they’re likely to buy a home in the next six months. That means nearly one out of every five people surveyed plan to buy in the near future. And that goes to show buyers are planning to be active in the months ahead.
Of course, mortgage rates aren’t the sole factor affecting buyer demand. No matter where mortgage rates stand, people will always have reasons to move, whether it’s for job relocation, changing households, or any other personal motivation. As a seller, you can feel confident there is a market for your house today. And that demand is pretty strong as buyers settle into where rates are right now.
Bottom Line
The way buyers perceive today’s mortgage rates is shifting – they’re getting used to the new normal. Steady rates are contributing to strong buyer demand and consistent home sales. Let's get connected to get your house on the market and in front of those buyers.