Take a listen to what our founder, Russ Phillips and preferred Mortgage Lender partner, Nick Pronsky have to say about today's market and what you can do to get the best deal today. Some highlights are as follows:
 
- A Buyer who purchases today & refinances when rates drop, has a lower monthly payment than those that waited.
- That same Buyer would have a great amount of equity already compared to the Buyer who waited.
- Increase that Buyers Return On Investment Overall!
 
Contact the Russ Phillips team today and let us show you the opportunity available to you in today's market! 
 
(512) 888 - 9205
Russ@Russ-Phillips.com
Russ-Phillips.com ...

Take a listen to what our founder, Russ Phillips and preferred Mortgage Lender partner, Nick Pronsky have to say about today's market and what you can do to get the best deal today. Some highlights are as follows:
 
- A Buyer who purchases today & refinances when rates drop, has a lower monthly payment than those that waited.
- That same Buyer would have a great amount of equity already compared to the Buyer who waited.
- Increase that Buyers Return On Investment Overall!
 
Contact the Russ Phillips team today and let us show you the opportunity available to you in today's market! 
 
(512) 888 - 9205
Russ@Russ-Phillips.com
Russ-Phillips.com ...

"After the Sept. 11 attacks, the world stopped flying for awhile. Suppose that at this time, you had made an investment in Boeing , one of the world's largest builders of commercial aircraft. Boeing's stock didn't bottom until about a year after the tragedy, but from there, it more than quadrupled in value over the next five years. Clearly, although Sept. 11 soured market sentiment for the airline industry for quite some time, those who did their research and were willing to bet Boeing would survive were well rewarded."
        - Quote from an article in Forbes from 2009

Famed investor Warren Buffett is credited with the advice that it is wise for investors “to be fearful when others are greedy and to be greedy only when others are fearful.”

I don't want to trivialize world events in the name of financial gain.  But I do think many buyers are missing an opportunity.  Some talk like they've given up on the American Dream.  May it nev ...

Howdy Friends!

Are you asking yourself when are interest rates going to drop? Or is the housing market going to crash? These are very common questions with today’s market and the answer is that things are often changing. What we can see as of most recent is that things are looking up and there’s opportunity out there if you have the right realty team behind you to get you there. Keep reading as we get into Inflation predictions and the state of the housing inventory and what that all means for you and future mortgage rates.

State Of Inflation

As you can see in the chart here, inflation is heading back to the Federal Reserve’s set target. This means that ultimately with the rate of inflation decelerating, mortgage rates should gently decline over the remaining course of 2023. The National Association of Relators (NAR), predicts that 30-year fixed mortgage rates will progressively fall to 6% this year and 5.6% in 2024.

Housing Inventory

Since the 2008 c; ...

Today we're talking about the potential property tax cuts on the horizon for our fellow Texans. This month, a new law has been approved, aiming to increase the homestead exemption to $100,000, decrease the tax rates for schools and implement a limit on property appraisals for both residential and commercial properties, along with several other accompanying measures.
Governor Greg Abbott signed the cut-creating legislation, ending months of negotiations. But before taking effect, Texas voters must decide on Nov. 7 whether to permit spending billions in taxpayer funds, primarily collected from the past two years, for the cuts. If likely approved due to prior support for tax cuts, changes would impact 2023 tax bills, due in January.
Here are the five key-parts to the tax-cuts package to know:
1. $100,000 Homestead Exemption
Roughly $5.6 billion is projected to be allocated in order to significantly increase the existing property tax exemption from $40,000 to over double that amount f. ...