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General Real Info Embracing the New Norm in Real Estate: A Golden Opportunity for Buyers and Sellers In the ever-evolving landscape of real estate, change is the only constant.  As we step into a new era, characterized by fluctuating interest rates, abundant inventory, and a shift in seller mindset, it’s time to embrace what could be deemed the “new norm” in the housing market.  Trust me, I have not wanted to embrace […]
General Real Info What Market Are We In? In the dynamic world of real estate, markets can be broadly categorized into two phases: a buyer’s market and a seller’s market.  These terms reflect the prevailing conditions and dynamics that influence the balance of power between those looking to buy and those looking to sell properties. A buyer’s market occurs when there are more […]
General Real Info A Real Estate Snapshot: Comparing Lubbock, Texas Housing Market in 2022 and 2023 As we bid farewell to 2023, it’s essential to take a closer look at the year-end data for Lubbock, Texas, and compare it to the preceding year. In this blog post, I will delve into key indicators such as median home prices, total home sales, active listings, closed sales, days on market, and months of […]
General Real Info Navigating the Real Estate Landscape in 2024: Thankfully 2023 is Past Us As we step into 2024, the real estate market continues to be a dynamic and evolving landscape. The year 2023 brought a set of statistics, painting a vivid picture of the current state of affairs.  Let’s delve into the key indicators that define the real estate market that was 2023. Listing properties saw a notable […]
General Real Info Demystifying Real Estate: Answers to Your Top 5 FAQs Are you stepping into the dynamic world of real estate and drowning in a sea of questions?  Fret not!  I’ve compiled answers to the most searched real estate questions to guide you through this exciting journey. How Do I Determine the Right Home Price?  Calculating the perfect home price involves considering various factors.  Start with […]
General Real Info 2023 Q3 compared to 2021 and 2022 The Lubbock real estate market experienced significant shifts from 2021 to 2022, with notable changes in median prices, months of inventory, active listings, and closed sales.  As we examine the third quarter data for 2023, it is important to compare 2021’s third quarter and the whole year. So, let’s look at an overview of 2022 versus […]
General Real Info What is “Months of Inventory”? Ladies and gentlemen, thank you for joining me today as we delve into the fascinating world of real estate metrics. Today, we will be exploring the correlation between several key indicators that are crucial for both buyers and sellers. So, whether you’re considering purchasing your dream home or selling your property, this analysis will provide […]
General Real Info When to Buy, or hold ’em In the ever-evolving world of real estate, timing is everything, and right now presents a golden opportunity for prospective homebuyers. The stars have aligned, with sellers showing a greater willingness to negotiate, and home prices displaying a surprising degree of affordability. For anyone contemplating homeownership, there may be no better time than the present to […]
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General Real Info From the Golden State to the Lone Star State: Californians Continue to Flock to Texas From the Golden State to the Lone Star State: Californians Continue to Flock to Texas Texas REALTORS® analysis shows nearly 20% of people relocating to Texas came from California in 2021; nearly half of all newcomers were under 35 August 02, 2023 — Austin Recent analysis of migration data from the U.S. Census reveals Texas as a […]
General Real Info When To Buy I wanted to give you an update on our market.  There’s much misinformation out there, so I thought I would give you what I have read and heard from the people in the know. Brian Buffini – Chairman and Founder of Buffini & Company, the world’s leading real estate coaching company.  David Stevens – Former President […]
General Real Info Lubbock Central Appraisal District Homestead Exemption and Cap Homestead Exemption and Homestead Cap Explained Market Value Per the Texas Property Tax Code, all taxable property must be valued at 100 percent of market value as of January 1 each year. This value is shown on your notice as “Total Market Value of this Property”. Because it is based on recent sales, the Total […]
General Real Info Should You Wait To Buy Should+You+Wait+To+Buy One comment I had was this – “Well Jacky there’s no guarantee the rates will go back down to re-fi!”  My response is “yes, you are right, just like there is no guarantee the price next year will be that low…”
General Real Info Lubbock Housing Report 2023 Q1 2023Q1_8120_Lubbock_MetropolitanStatisticalArea With record sales prices last year, it’s easy to think prices are coming down.  In reality prices are not rising as quickly as they were this time last year and inventory is up from a dangerously low number.  Notice the Months of Inventory?  I know, perception says it’s a buyers market, but the data […]
General Real Info Lubbock-Cooper’s New High School – Liberty Coming this Fall 2023, Liberty High School.  The plan is to open to Freshmen and Sophomores and add Juniors and Seniors in time. Here’s a look at the Lubbock-Cooper High Attendance Zone Map.

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