Expert Realtors - Dallas Builder Associations Realtor of the Year

Call Now (972) 317-5900

Menu

Buy

Sell

Flower Mound Real Estate Market – How To Budget In 2015

flower mound real estate market

Beginning this fall and throughout 2015, there are a few things Dallas-area consumers should brace yourself for in terms of “sticker shock.” In order to budget properly and avoid finding yourself in a financial bind, we’ve included the five expenses you can expect to see go up soon.

Clothing. The economy has been in recovery mode for some time, but when it comes to clothing, supplies are tight while demand is going up. Cotton prices have risen substantially, and will continue to rise because of weather-related crop destruction. How to cope? Swap clothes with friends, sell your used clothes for a little extra money to buy new, or shop consignment shops.

Grocery staples. From milk and butter to bacon and oranges, the basics most of us buy frequently are still going up. Who would have thought a year ago that they may be able to buy a gallon of gas at a cheaper price than a gallon of milk? The solution? Clip coupons, consider turkey alternatives to real bacon, try cheaper brands or even generic store labels.

Homes. Both home prices and mortgage rates are on the rise, so if you’re considering the purchasing in the Flower Mound real estate market, you would be wise to take action now rather than later. Mortgage rates are still just under 4%, but are expected to climb to about 5% by the end of next year. While it may not seem like much, your purchasing power is lowered by 11% when the rate increases just 1% – this is huge!

Electricity rates and airfares are expected to rise as well, so budget accordingly to avoid any unwanted financial issues.

At Team Nelson, we want to keep consumers apprised of the latest news affecting potential home buyers in the Dallas-Ft. Worth metro area. If you’re looking to purchase a home, the time to move is now! Contact our Flower Mound realtors today.

What People Are Saying

  • Incredibly professional realtors that really care about their clients. They go to extreme measures to find the right house for their clients and are experts in the areas where they operate ensuring max value, whether you are buying, selling or both. Cannot recommend them enough!

    Scott Schaper Avatar
    Scott Schaper
    12/11/2018

    Very knowledgeable about properties we were interested in. His team is very professional and helpful. Every question answered, kept in touch during entire process.

    ekchoice103 Avatar
    ekchoice103
    10/30/2017

    Excellent realtor team! Kind, professional and knowledgeable! When we had doubts or questions, they would always respond in a timely manner and be extra-ordinarily helpful. Highly recommend this team!Peter and Susanne Russell

    PETER RUSSELL Avatar
    PETER RUSSELL
    8/11/2019
  • Bill and Team Nelson provided us with truly outstanding service and support! Their market insight, pricing strategy and professionalism were refreshing and spot on! We highly recommend Bill and Team Nelson.

    Mi Ve Avatar
    Mi Ve
    12/11/2018

    It’s so easy to sell your home. The team is professional and the technology (3-D Home photos) is very helpful with showing your home.Plus... They sold my home in 3-Days!

    Randy Sonck Avatar
    Randy Sonck
    6/11/2019

    We had an exceptional experience with the Nelson Team. First of all, we are NOT related. The perfect opportunity unexpectedly presented itself in Grand Prairie. There was a beautiful cul-de-sac lot backing up to the woods of Joe Pool Lake that we, and many others, wanted but the builder was not releasing it. Total serendipity that we were the first in the sales office the day the builder released the lot. Problem was we had a house in Hurst to sell. I called on Team Nelson who immediately did our listing, had an open house, and sold it within days for the price we wanted and needed. Everything fell into place perfectly. I’m still amazed. We are now living in our retirement home on this beautiful cul-de/sac and have gorgeous views and privacy few have in our area and we have Bill and Andra to thank for it. The reduced realtor fee was a very important component to the deal coming together. They are the absolute best. You can totally trust them

    Sandra Nelson Avatar
    Sandra Nelson
    12/11/2018
TREC Consumer Protection Notice
Skip to toolbar