Brian and Melinda Stitzinger
#stitzingerteam #remaxlakefront #dentoncounty #collincounty #thecolonytx #littleelmtx #prospertx #friscotx
With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. Though at this time, it appears to be rebounding now! As we get back to work and country begins to turn around, many experts say that real estate will lead the way.
One of the big reasons why housing has the potential to be such a driving force is the impact it has on the local economy. This impact is particularly strong when a newly constructed home is built and sold. According to a recent study by the National Association of Realtors (NAR), the average new home sale has a total economic impact of $88,416 on the local economy As outlined in the graphic below, this is a combination of income generated from real estate industries, expenditures, and new home construction.
With so many unknowns today, especially in the wake of a worldwide pandemic, one known factor is the bright spark the housing market can play in local and national recovery. Buying and selling a home goes well beyond personal growth and satisfaction – it supports our entire economy.
#newhome, #dallasrealtor, #newhomeconstruction, #stitzinger #littleelmrealtor, #sellyouthomeforfree
In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to offer without paying too much or offending the seller with a low-ball offer.
Currently this is not a normal market. We are in one of the greatest health crises our nation has ever seen. The pandemic has had a major impact on the journey home buyers take to purchase or sell a home. To successfully navigate the landscape today, you need more than an experienced guide. You need a ‘Real Estate Sherpa
The average guide isn't enough. You need a Sherpa. You need an expert who understands the impact of COVID-19 on the thoughts, emotions and actions of the consumer (ex: virtual showings, proper safety protocols, e-signing documents). Someone who can simply and effectively explain the changes in today’s process to you and your family. You need an expert who will guide you to the right decision, especially in these challenging times. You need Brian and Melinda Stitzinger.
With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it's logical to ask that question.
Visit us at www.stitzingerteam.com
The graph shows three major cities in the Dallas-Fort Worth metroplex chosen arbitrarily. Frisco(Red), Allen(Green) and Arlington(Blue) against the entire MLS area(Black). Homes are single-family resale, excluding new construction, 3 bedrooms or more.
The graphs of the cities show a peak in Median sales price May-June 2019 and then a subsequent slight downturn in sales price Jan-Feb 2020. The overall MLS shows a slight increase most likely due to the purchase of entry level-first time home buyer listings.
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Many buyers don't realize that the new home sales agent represents the New Home Builder, not you. A Realtor® costs you nothing to use. In fact, new home builders love Realtors® because they know we represent qualified and serious buyers and can navigate them through the build process.
Use Us Contact Us Let's Talk. We Work for You! And the New Home Builder Pays Us.