Steve's Real Estate News

June
20

Add These Gadgets to Your Kitchen

Kitchen tips

A beautiful, functional kitchen is one of the home's greatest assets. If you love cooking or wining and dining company on the weekends, investing in the kitchen is a great way to wow your guests.

Cooking just happens to be one of our favorite hobbies, and our real estate agents are always investing in the latest and greatest kitchen gadgets. But what kitchen gadgets will you actually utilize, and which ones will just collect dust? If you're looking to enhance your cooking skills or just make things more convenient, here are some of the best gadgets to add to your kitchen:

An Air Fryer
Love the taste of crispy, deep-fried cuisine, but don't love the calories? An air fryer might be a great option for you. You can air-fry almost any type of food, and the entire process is quick and easy. This gadget makes cooking a delicious dinner a breeze.
  An Immersion Blender
If you're looking for a quick and easy way to blend smoothies, soups, and stews, invest in a good immersion blender. Traditional blenders can take up a ton of counter space, but immersion blenders are small and easy to store. 

A Waffle Maker
Waffles are the staple of any brunch, and a nice waffle iron makes them super easy. Use it to serve up some fresh, tasty waffles to your friends on the weekends. Waffle irons can take up some storage space, so if your cabinets are too small, it might be time to upgrade to one of these Dallas homes for sale.

A Manual Food Chopper
Looking to break up ground beef in the frying pan? Lose the spatula and invest in a manual food chopper instead. These gadgets make it simple to separate meat, and the best part is -- they don't damage your cookware. 

A Spiralizer
Spiralizers have traditionally been used to thinly cut pasta, but now they're the go-to item for creating your own zucchini noodles, sweet potato noodles, or even creating thinly sliced potatoes. This gadget makes it super easy to prepare healthy meals.

An Electric Kettle
If you drink a lot of tea or enjoy pour-over coffee, an electric kettle will change your life. Just fill it up with water, plug it in, and press the button, and you have boiling water in just a couple of minutes.

An Electric Can Opener
Sometimes a manual can opener can be tricky to use and can occasionally get stuck. An electric can opener takes away the unpredictability of opening a can by making the process quick and easy.

The Traditional Toaster Oven
The basic toaster is limited in its functionality, so it might be time to upgrade to the toaster oven. These small, compact appliances fit nicely on the counter and can not only make toast but can also be great for heating up any leftovers.

The Instant Pot
You're sure to find Instant Pots in the kitchens of many of these Fort Worth homes for sale. So many people swear by The Instant Pot -- it makes cooking super easy. This revolutionary kitchen appliance is a pressure cooker, slow cooker, and food warmer all in one. You can put almost anything in The Instant Pot.

Cooking is fun and easy when your kitchen is equipped with the best gadgets and appliances. For more tips on how to make the most out of your kitchen, contact us today.

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June
15

Is This the End of Record Price Growth?

Home prices in Dallas-Fort Worth rose a record 30.7% year over year in March, according to the latest report from the S&P CoreLogic Case-Shiller Index

Rapid Home price growth in North Texas and in cities nationwide continued to break records at the start of the year, but economists expect the market could change its tune in the months ahead.  Home prices in Dallas-Fort Worth rose a record 30.7% year over year in March while national prices grew 20.6%, according to the latest report from the S&P CoreLogic Case-Shiller Index.   "Demand for homes has stubbornly kept ahead of supply this spring, even in the face of rapidly rising costs," said Dan Handy, an economic data analyst for Zillow. "This imbalance between supply and demand for homes this spring has been the key driver in home price growth that continues to set records month after month."  The index compares sales price changes of specific properties over time. Case-Shiller's price estimate is considered more accurate than MLS home sales data which can be influenced by the type of properties that are selling each month.  

Economists predict the rapid price growth could finally begin to slow in the coming months as buyer demand is softened by affordability challenges.  "Mortgage costs are more than 50% higher than they were a year ago, and prospective buyers will likely start to rethink what they can afford," Handy said. "Sellers may already be responding, with the rate of price cuts now on the rise, to meet buyers where they are. Price growth will likely begin to come back towards earth as many buyers are priced out and inventory rises."  Dallas-Fort Worth home showings were down 9% year over year in April and 11% since March, according to ShowingTime.

Dallas Morning News, May 31, 2022

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June
14

US Home Sellers Cutting Prices Hits Highest Level Since 2019

Nearly one in five sellers dropped prices during the four week period ended May 22, Redfin Corp. said in a report Thursday. Other measures of how hot the market is, including a house's time on market and the percentage of homes selling above listing price, have also plateaued.  Consumers are contending with some of the highest mortgage rates in years, despite the dip in those figures in the past two weeks. Higher rates, coupled with economic uncertainty, are raising questions about whether the US housing boom has met its limit with signs emerging that the once-intense pace of the market could be decelerating.

Bloomberg Business Week, May 26, 2022

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