WrightHouse Group: Recent Episodes
Donald Wright
Exploring the DFW real estate market, listings and just plain helpful tips with the WrightHouse Group.
In this episode we talk with David. He worked with Donald in selling his home and buying their current home.
Baldemar works with client that already had 2 agents not be able to sell their home and comes through in the clutch.
The team breaks down what generally is happening when companies try to buy houses off market with cash. Sometimes marketed as "we buy ugly houses".
In this episode we break down why the market it behaving the way it is right now, how the old lower interest rates are making some people feel stuck, and ways lenders are incentivizing buyers to get a loan at a higher rate.
In this episode we discuss the groups move to Ebby Halliday, and what that means for clients. We also get into the current market and why we still believe it is a seller's market.
In this episode we discuss the benefits of talking to an expert when evaluating buying a home or not. We also address the thought of "waiting until a better time to buy".
In this episode we discuss the current state of the market and how it historically compares to the last 20 years. Also, what buying a house today with the current interest rates would look like vs a couple of months ago when rates were lower.
In this episode we discuss the sudden spike in interest rates and how that has impacted the inventory in DFW. Also, discuss options you might have when planning for purchasing your next home.
In this episode we discuss strategy when preparing to list your home and the possibility of receiving multiple offers. Also, how to understand what you should expect when looking to buy in a market where most listings receive multiple offers.
In this episode we discuss the rising interest rates and where they might possible max out. Also, we get into how the rise in rates impacts inventory.
In this episode we dig into the ultra competitive market and why people are buying homes. Since the market is moving so fast we also discuss the importance of having a team around you that you can trust. Finally, if you're looking at new construction it is important to factor in what your interest rate might be 6 - 9 months down the road.
In this episode we discuss the over 1% jump in interest rates that was expected to happen over the course of months. How this could possibly impact first time home buyers.
In this episode we discuss what issues you might face when buying new construction homes. Also, specific items to double check before getting into a contracts. We also explain how buying a new construction home works when locking in an interest rate for your loan.
In this episode we discuss the reasons, positive and negative, that someone might consider selling their house off market. For a buyer how likely you might be to find an off market home to buy, and some unexpected consequences for selling off market like no official record for comps in the area.
In this episode we discuss the changes in lending on vacation and 2nd homes. How lenders classify vacation vs investment properties, and what the current vacation home market looks like compared to more traditional homes.
In this episode we discuss the impact Omicron has had on people's desire to view real estate in person as well as ways the closing process can be impacted. Also, we reiterate how important a quick closing is for a seller's market.
In this episode we discuss the recent jump in interest rates and explore why that happened and what it means moving forward. We also discuss the buyers that are on the fence considering waiting until "prices drop"
We see it over and over. In this episode we discuss how easily you can leave money on the table when selling your house. It is free to talk to an expert to find out what your home is worth. With the hot market people are selling for profits, but don't let emotion get the best of you and leave money on the table.
In this episode we recap what has happened in the DFW market over the past year and discuss lessons learned. We also get into how people's perspective on housing has changed and if the market ever takes a break.
Did the moratorium on foreclosures and loan forbearances create a negative impact on the market?
In this episode we discuss the newly approved conventional loan limit and how cryptocurrency is viewed by lenders as assets.
In this episode we discuss the impact inflation could have on home values as well as the wait and see approach to the end of the year.
As this year comes to an end we look forward to 2022 and discuss what we think the market will look like into Q1 and the potential changes in traditional mortgages.
In this episode we discuss the recent news from Zillow that they are pulling out of the house-flipping business after posting massive losses. We get into it on how that impacts the everyday buyer and what it means from a lending perspective.
In this episode we discuss the updated conventional loan amounts and what that means for the average buyer.
In this episode we discuss what the market actually looks like vs the headlines and also touch on interest rates beginning to slowly rise. Also, how changing rates impacts your overall home buying expense.
In this episode we discuss why talking to an expert can help prevent you from leaving money on the table when selling you home as well as working with a qualified lender when trying to buy in a competitive market.
In this episode we discuss how the potential shift in rising interest rates will impact the market. We also discuss the specifics of competing with a cash offer.
In this episode we discuss how the surge in COVID cases with the delta variant is different than the initial lockdown in March of 2020.
In this episode we discuss the change to how FICO score and income is counted when applying for a loan.
In this episode we discuss how buyers are seller are positioning themselves in this prolonged seller's market.
In this episode we discuss buyer fatigue, waiting to buy and some commonly overlooked expenses when waiting to buy.
In this episode we check in with Donald on the current real estate market activity as well as get an update from Brian on interest rate projections through the end of the year.
In this episode we check in on where the market is at and how interest rates continue to stay low.
In this episode we discuss how the red hot market is not showing signs of slowing down.
Tips to watch out for when purchasing a new construction home before it is built to protect your position.
In this episode we discuss how more jumbo loans are being used as the market quickly grows.
In this episode we discuss why people are submitting appraisal waivers and discuss the implications of submitting an inspection waiver.
In this episode we discuss different approaches to finding a new home before you sell your current one.
In this episode we discuss how the market is still red hot, but with interest rates potentially climbing prices will go up even more.
In this episode we discuss how the market has been red hot for the last year and maybe it is time to address the new normal. We also discuss ways to stay competitive and keep a level head during the buying and selling process.
In this episode we discuss why it is important to come up with a plan before you list your home, even if it is a hot market. Also, we discuss what the market could look like later this year if demand remains.
In this episode we talk about what it is like to remain competitive in a seller's market, the importance of patience and why your team matters.
In this episode we discuss the plan to introduce a new $15,000 first time home buyer credit as well as ways you can stay competitive in this market without blowing out your budget.
In this episode we discuss how there is a projected maintaining of low rates through the year and how there continues to be a competitive marketplace.
In this episode we discuss how the real estate in DFW continues to behave differently this year due to limited inventory.
In this episode we talk about the new conforming loan limit and what that means if you are buying or looking to refinance an existing loan.
In this episode we talk about the low inventory and rise in rent costs and discuss how we look at buying vs renting.
In this episode we talk about what the current interest rates look like today to the end of the year as well as what inventory projects are for Q1 of 2021. Also, why ARMs are currently similar to a 30 year fixed.
In this episode we discuss what it is like from the client's perspective when you buy and sell your house with Donald.
In this episode we discuss the benefits of a VA loan and how they function. Also, we discuss why it is important to get a termite inspection on a home.
In this episode we discuss the potential direction DFW is headed when the outcome of the election is decided.
In this episode we discuss the regulations that are in place for the closing process as well as the pros and cons of a buyer rep agreement.
In this episode we discuss the increase in demand for new construction in DFW and how builders decide to work with preferred lenders and what that might mean for you.
In this episode we discuss reasons you might want to act sooner than later if you're considering a refinance.
In this episode we discuss the surge in new construction home sales and how buyer activity is driving the market.
In this episode we discuss the D Magazine article on how we are in the weirdest real estate market ever.
In this episode we discuss what a jumbo loan is and how it functions differently from a traditional loan.
In this episode we discuss the different ways to take advantage of the low interest rates.
In this episode we discuss the considerations you should make when you think about refinancing.
In this episode we discuss the possible future of rates with the most recent update from the Fed.
In this episode we discuss the inventory of new construction homes and what builder preferred lending means.
In this episode we discuss how to set your target rate and when you should lock it in your 30-45 day window.
In this episode we discuss how your FICO score can impact the rate you pay on your mortgage, and how you can improve.
In this episode we discuss how the vacation home market reacted to the shutdown. Also, we explore the financing of vacation homes.
In this episode we discuss how the low interest rates are impacting the buyers in today's market and also some tips on how to determine how much to spend.
In this episode we talk about how owner financing functions. We also talk about FHA loans.
In this episode we discuss what has been going on in the marketplace with mortgages and if we are still in a "sellers market"
In this episode we discuss the different reasons and options when looking to setup a trust.
In this episode we discuss how this process can impact your loan and how different banks function during this process.
In this episode we explore the difference between a cash out refinance and a HELOC in terms of borrowing against your home.
In this episode we discuss the difference of using an independent mortgage company vs a big bank and some of the issues that may come up.
In this episode we discuss the different options when you want to sell you home and buy a new on at the same time.
In this episode we discuss the current activity in DFW with high buyer demand and tips on approaching the buying process now.
In this episode we discuss how borrowing to buy an investment differs from your primary residence.
In this episode we discuss how adjustable rate mortgages function and clear up if early payment penalties still exist.
In this episode we discuss how interest rates are determined and what buying doing points really means.
In this episode we discuss the current trends in mortgage rates as well as when to lock in your mortgage.
In this episode we discuss the most common mistakes people make when getting insurance coverage and also settle once and for all who is responsible for your sidewlak!
In this episode we discuss the three main pillars of home insurance and also discuss nuances of insuring a pool.
In this episode we discuss the benefits of bundling your insurance policy in one place and why it is important to shop around every few years.
In this episode we discuss contacting your insurance agent prior to buying a home and give an overview of home insurance.
In this episode we discuss tips and strategies to sell your home in a "sellers" market.
In this episode we discuss the tips to prepare to buy in a market where multiple offers are being submitted. How to prepare financially with your lender and mentally for a competitive climate.
In this episode we discuss the low interest rates and the impact that has had on activity in the marketplace.
In this episode we discuss the do's and don'ts of staging your home before you list it.
In this episode we discuss why it is important to factor in your property tax cost to your home buying thought process.
In this episode we discuss the steps needed to close in 30 days and why that is the general time for closing a purchase.
In this episode we discuss how condo financing differs from a traditional single family home. Also, we get into what it means to be in an HOA.
In this episode we discuss how property taxes are calculated and what if any impact COVID-19 will have on rates this year.
In this episode we discuss how the overall market activity has been impacted in DFW and how it stacks up to other markets in the US right now.
In this episode we discuss what refinancing looks like with the low rates and how that impacts you.
In this episode we discuss what is the "new normal" as states begin to reopen. How is the pre-approval process different now and what is the future of having an open house for sellers.
In this episode Donald Wright and Brian McCauley discuss options when it comes to your downpayment and when you decide to sell.
In this episode Donald Wright and Brian McCauley discuss the inventory in the market today as well as address if there is really a "Corona Discount"
In this episode Donald Wright, Mike Cassell and Brian McCauley discuss the first steps you should take when considering purchasing a home.
In this episode Donald Wright and Brian McCauley discuss the current trends in the interest rates as well as safety precautions being taken to show homes.
In this episode Donald Wright and Brian McCauley discuss the changes in the closing process. Some thing are faster, and some are slower.
In this episode Donald Wright and Brian McCauley discuss how market activity is behaving in different price points.
In this episode Donald Wright and Brian McCauley discuss the implications of having a FICO score below 700 on buying a home.
In this episode Donald Wright and Brian McCauley discuss the current interest rates and also if now is a good time to be buying or selling a home.
In this episode Donald Wright and Brian McCauley discuss the current state of North Texas real estate and lending.
In this episode Donald Wright and Brian McCauley discuss the impact of COVID and the Shelter in Place order have on Jumbo Loans.