DFW Real Estate and Community News

May 12, 2022

How To Decide Whether To Buy or Sell First

The right option for you depends on your particular situation.


In today’s real estate market, low inventory and high demand are dominating the conversation. It’s easy to sell, but it’s much harder to buy. Many homeowners are in a position where they need to complete both transactions in a short period. Deciding which one to do first comes down to several factors. Each route comes with pros and cons, but the right option for you depends on your particular situation.

If you need to sell your home and buy a new one, here are three key questions that you should consider before starting the process:

1. Can you afford two mortgages? If possible, most people choose the buy first, then sell option. However, qualifying for two mortgages at once is difficult and can add a lot of stress to your situation. If you can carry both payments for a few months, you’ll have plenty of time to find a new home while also preparing your current property to sell for top dollar.

"The right option for you depends on your particular situation."

2. What type of home are you buying? If you have a specific neighborhood or school district that you’re targeting, you can’t always afford to sell first from a timing perspective. You might need to make a contingent offer, use a bridge loan, or take out a home equity line of credit. It might be worth it to secure your dream home. If you don’t have a super-specific wish list for your next home, selling first might make more sense for a multitude of reasons.

3. Do you want to move twice? Most people don’t, but you might not have a choice. If you need the money from your home sale to fund your subsequent purchase, you may have to find temporary housing while you search for your next property. With rent on the rise due to inflation, that’s not always the wisest move. On the other hand, depending on how high demand is in your specific price range, you may be able to negotiate a rent-back agreement with the buyer who purchases your home and avoid the dreaded double move.

We’ve helped many clients in this situation, and we’d be happy to help you too. There is more than one way to sell before you buy and vice versa.

If you have any questions about your specific situation or real estate in general, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.




Posted in Selling Your Home
April 19, 2022

What’s Happening in Our Market?

Our market is experiencing low inventory and high buyer demand.


Many homeowners and prospective buyers ask me whether they should wait to see if there will be a price increase or a market correction. The answer to this question depends on your situation, goals, long-term plans, and needs. Today I’ll give you an overview of our current market.

We’re in a hot seller’s market, and we have fewer than two weeks of inventory in Collin County. There are fewer than 1,000 total homes available. Some neighborhoods have zero homes for sale, and some cities have 50 to 60.

This low inventory and high demand will cause home prices to rise. If you're thinking about selling, now is a great time.

Interest rates are also rising for buyers. If you need financing, you might want to act quickly because you won’t be able to afford as much home in the future.

If you have any questions, email, text, or call me. I'm happy to provide solid information to help you make an informed decision.



Posted in Market Updates
Oct. 6, 2021

10 Things To Know About Allen Texas | Trophy Homes Realty

Allen TX

Thinking About Moving to Allen Tx?

If you’re planning on making a move sometime soon then have a look at one of the best cities in the DFW area, Allen TX. It’s one of the best times to think about moving to Allen TX with its beautiful neighborhoods and fantastic real estate opportunities. It’s one of the best places in the area for so many different things so let’s have a look at a few good reasons to make Allen TX your new home.

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Posted in Buying a Home
Sept. 6, 2021

The #1 Guide To Moving & Living In Frisco Texas

Living In Frisco TX

Dubbed as the fastest growing city in the US in 2017, Frisco is an up-and-coming area that attracts visitors and people who are looking for a new place to call their home. Frisco is a city located between Denton County and Collin County in the state of Texas. With an estimated population of 200,000 people and an award-winning school district, it doesn’t come as a surprise why a lot of people are interested in moving to Frisco, Texas.

Located just 25 minutes north of Dallas, Frisco is the ultimate place to live in the Dallas-Fort Worth Metroplex.  Frisco has an award-winning school district and is considered cheaper compared to the bigger cities in Texas. The city offers a plethora of recreational activities, things to do, world-class restaurants, and the natural Texan charm. 

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Posted in Buying a Home
Aug. 10, 2021

The #1 Guide To Moving & Living In Plano, Texas (2021 Edition)

Living in Plano TX

Moving to Plano, Texas, can seem like a daunting task. Moving from one city to another is never an easy, but the process can be made less stressful by following some simple tips and tricks on how to prepare for the big move. 

The city of Plano is unique and it may take some time to adjust to life in this exciting city, but with the proper research and preparedness, you can make the transition to Plano smooth and enjoyable! This article will take you through a guide to moving to and living in Plano, Texas, including everything from the type of real estate available to some of the best neighborhoods and things to do in the city. 

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Posted in Buying a Home
July 26, 2021

The #1 Guide To Moving & Living In Dallas Texas (2021 Edition)

Moving & Living in Dallas, TX

Dallas is easily one of the top cities to live in when it comes to Texas!  Dallas is the third-largest city in Texas and the ninth-largest in the United States. The Dallas–Fort Worth metroplex has 6.7 million residents, making it the largest metropolitan area in both Texas and America.

Living in Dallas is a wonderful experience, one you will definitely never forget! There are a number of exceptional neighborhoods, ideal for raising a family or working professionals or retirees, a plethora of phenomenal amenities, and some of the best food you'll find in the country! 

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Posted in Buying a Home
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates