The No. 1 Reason to Sell Before Spring in Tarrant County
January 20th, 2015 | by Michelle
This grand estate is at 3000 Burney Lane in Southlake sits on three acres of heavily wooded land surrounded by hundreds of acres of nature preserve. Listed for $4,595,000. Photos / Briggs Freeman Sotheby’s International Realty
Many homeowners are already debating listing their homes during the upcoming Spring Market. But according to the National Housing Survey released this month by Fannie May, now may be the more advantageous time to attract buyers coming to Tarrant County for the great schools and wide range of lifestyles.
The survey predicts that 45 percent of homeowners expect mortgage interest rates to go up in the next 12 months, which will likely impact the number of people willing to make a move.
With interest rates currently dipping to all-time lows, some hovering in the 3.625 percent range for a 30-year-fixed rate mortgage, buyers are willing and sellers are in a prime spot to get maximum attention for their properties.
For more luxury homes, see briggsfreeman.com. Click here to see the latest in real estate news. President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with seven offices in Dallas, Fort Worth, Uptown, Lakewood, Ranch and Land, The Ballpark and Southlake.