Tag: Dallas home buyers

New Home Buyers Should Avoid this Home Insurance Mistake

If you are a new home buyer, congratulations! You understand exactly what it took to get into your new home; saving up for the down payment, reviewing your credit scores and cleaning up any inaccuracies, pre-qualifying for the loan, shopping for home insurance, and finding that perfect home. I have one piece of advice for you that will help you save hundreds, potentially thousands, of dollars in the coming years on the cost of your home insurance.

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Rising Home Prices Impact on Home Insurance

$207,000. As of April, that is now the median price for a home in north Texas. It represents an average 14% increase in home prices across the metroplex over 2013. The new median home price represents an increase of almost 60% over 2010’s valuation, at the depth of the recession. When compared to the previous high water mark set in 2007, the gain is over a third.

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