BLOGS
The DFW market moves differently depending on where you look. Here we share what we're seeing on the ground real numbers, real neighborhoods, real advice.
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ARE BUILDER INCENTIVES AND RATE BUYDOWNS WORTH IT IN NORTH DFW?
ARE BUILDER INCENTIVES AND RATE BUYDOWNS WORTH IT ON NORTH DFW NEW CONSTRUCTION? Builders in North DFW rarely lower the base price of a new home, because doing so creates comps that hurt future sales in the same community. Instead, they negotiate through incentives worth $10,000 to $35,000 or more:
How Much Will You Net Selling Your Home in DFW? A Seller's Honest Breakdown
WHAT DO DFW HOME SELLERS ACTUALLY WALK AWAY WITH AT CLOSING? On a typical DFW home sale, sellers pay 6–10% of the sale price in closing costs and commissions. On a $475,000 Plano home, that's $28,500–$47,500 in deductions before you touch your mortgage payoff. Texas has no real estate transfer tax —
Texas Homestead Exemption: How New Homeowners in North DFW Save Up to $4,500 a Year
HOW MUCH DOES THE TEXAS HOMESTEAD EXEMPTION ACTUALLY SAVE YOU? Texas's homestead exemption removes $140,000 from your home's appraised value for school district tax purposes. At a typical North DFW school tax rate of around 1.0–1.2%, that single exemption saves most homeowners $1,400–$1,680 per year