The Dunnican AdVantage

Homeownership is a Cornerstone of the American Dream

In the United States, the concept of homeownership as part of the American Dream is very much alive and well.
Posted by Cindy Dunnican on March 15, 2019 in  American Dream  Building Wealth  Buying A Home  Home Ownership  Rent vs. Buy
Homeownership is a Cornerstone of the American Dream “The rumors of my death are greatly exaggerated.” The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage continued to fall for the next ten years. That led to speculation that homeownership was no longer seen as a major component of the American Dream. That beli... read more
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7 Things To Avoid After Applying for a Mortgage!

Before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer.
Posted by Cindy Dunnican on March 15, 2019 in  Buying A Home  Credit Score  Finance  Home Buyers  Mortgage  Mortgage Knowledge  Owning A Home
7 Things To Avoid After Applying for a Mortgage! Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer. They will be able to tell you how your decision will impact your home loan. Below is a list of 7 Things You Shouldn’t Do After Applying for a Mortgage! Some may seem obv... read more
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Rockwall Real Estate Market Update - January 2019

Rockwall Real Estate Market Continues to Improve Amid Increasing Inventories
Posted by Cindy Dunnican on March 15, 2019 in  2019 Housing Market  Rockwall Texas
Rockwall Real Estate Market Update - January 2019Rockwall Real Estate Market Continues to Improve Amid Increasing Inventories The Rockwall Median Price increased 8.5% over last year.  We are still in a "seller's market" with only a 2.7 month supply of homes on the market.  The number of Active listings is up 6.8% over January 2018, and the number of closed sales increased 16.3% for the month of January.  While we expect to see an active Spring market with prices continuing to increase, they will... read more
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Rowlett Real Estate Market Update - January 2019

Prices continue to increase even though listing inventories are up and number of sales stayed flat.
Posted by Cindy Dunnican on March 15, 2019 in  2019 Housing Market  Rowlett Texas
Rowlett Real Estate Market Update - January 2019Prices continue to increase even though listing inventories are up and number of sales remained flat. What does this mean?  Our market is normalizing.  The Rowlett Median Price increased 7.2% over last year.  While we are still in a "seller's market" with only a 2.5 month supply of homes on the market, active listings are up 57.4% over January 2018 and the number of sales stayed flat at 49 for the month.  While we expect to see an active Sprin... read more
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What’s Going On with Bidding Wars?

f you are debating selling your home, you may not want to wait for additional competition as inventory continues to rise.
Posted by Cindy Dunnican on March 12, 2019 in  2019 Housing Market  Best Time To Sell  Housing Inventory  Selling A Home
What’s Going On with Bidding Wars? In a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected. This makes sense! A seller’s market is defined as a market in which the inventory of homes for sale cannot satisfy the number of buyers who want to purchase a home. According to the Cambridge English Dictionary, bidding wars occur when two or more parties repeatedly outbid each other as they compete to purchase so... read more
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