The market today is different than it was before, and that’s leading to an older median age of North Texas homebuyers. While the first thought of a first-time buyer might make you think of a younger couple, more families in their 40s and 50s are starting to get in on the action. There are a number of reasons that play into this phenomenon, but the results are clear: older folks are looking to plant their flag in Texas.
If you’re thinking about making the leap, call Family Home Loan Texas in Frisco, TX. We help families to find their place in the Metroplex, and we offer a variety of services designed to help you get to where you need to be. Whether this is you first time through the homebuying experience, you’re looking to shift locations, or you are interested in learning more about HECM reverse mortgage loans, our team is here to help you explore your avenues.
Now could be your time. Find out more about first-time home ownership with Family Home Loan Texas.
What’s Driving This Change?
There are many reasons as to why many people in North Texas have chosen to postpone homeownership to a later age. For many of them, the financial stability necessary to facilitate such a purchase just didn’t happen like they were expecting, and with the Great Recession in 2008, some chose to postpone the move. As prices skyrocketed due to a lack of housing inventory, these individuals were often priced out of their own market.
Now that more people are finding their feet, they’re looking to homeownership as a way to grow their net worth, expand their portfolio, and have a little piece of this great state to call their own. And if this sounds like you, we are certainly all for it. Welcome to your journey toward Texas homeownership.
Finding A Place That Works For You
When you start your path toward owning a home, it’s important to establish some ground rules. You want to have a budget, and you are going to live with your loan for quite a while, so sticking to it can make a real difference. Owning a home is a long-term investment, not a market gamble.
Here in North Texas, we’ve got something for just about everyone. So, when you’re ready to plant your flag, reach out to a trusted name in the field. We can help you to make sense of it all.
Discover Your First Home With FHL Texas
If you are ready to talk about making a big purchase, come see a team that’s got your back. To find out more about finding that perfect first home, call FHL Texas in Frisco, TX at (214)447-7575.
