The Texas Real Estate Research Center recently looked at how different interest rates can affect the rate of return on homeownership for first-time buyers. The study’s model made several assumptions (Table 2). The home costs $250,000, which was the first-quartile sales price for first-time buyers for an existing single-family home in Texas in 2Q2022. The […]
According to the Texas A&M Real Estate Research center, people have been crazy about Texas real estate for long due to the low housing prices and affordability factor but never really fond of it’s hot weather condition. In the last two years, post pandemic interest has really spiked many folds due to lots of different […]
Check this really informative Infographics and understand how the Texas Real Estate Market is shaped by various factors and different buyers. About Om Realty Group Tx
Before a recent change in the Texas Tax Code, some homebuyers were not eligible for a property-tax homestead exemption until January 1 of the year following their home purchase. This caused those homebuyers to lose out on any benefit of the homestead exemption for up to a year after purchase. For example, if on January […]
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