Borzoo Honargohar, Mortgage/Real Estate

✅ National home prices have hit another all-time high.

The Case-Schiller Home Price Index is considered the Gold Standard in measuring home appreciation.

🏡 ⬆️ Home prices are up 5.9% year over year and .3% higher from April 2024 to May 2024.

This is very meaningful appreciation for building wealth through home ownership.

👉🏼 With a very likely Fed Rate Cut coming in September, unleashing millions of more eligible home buyers to the market, this should help push home prices higher with the increased demand.

✅ 4 closed loans this just this week, including 3 today. Happy closing day to all of my clients!

🏡 Capping off a robust week and month for my branch here at Prairie View Mortgage.

A mix of purchases and refinances, including 1 client who saved $560 a month by refinancing with us! 👀

The founders of Prairie View Mortgage believe in putting our clients first, which is why we are able to help change so many peoples lives with our value proposition.

📲 If you’re in the market to buy, looking to consolidate debt or looking to save money on your monthly mortgage payment, reach out to us and let us show you what we can do for you.

🤔 I’ve been getting a lot of questions lately about when the Fed will cut rates ⁉️

There’s a few dominoes that have to fall in order for that to happen, namely unemployment and Inflation.

✅ Remember, the Fed has a dual mandate, max employment and to tame inflation.

🔹Unemployment crept up to 4% based on the May 2024 Household Survey. While still historically low, it’s the highest it’s been since January 2022.

🔹The Consumer Price Index (CPI) #’s this week were also below estimates, i.e inflation is trending lower.

📉 Could this be a trend toward a Fed rate cut soon? I believe so. The Fed confirmed at their meeting this week, they will cut rates at least once this year, with multiple planned next year. And that could change to multiple cuts this year if unemployment rises too fast.

What does that mean for home buyers? It means buy now if you are in the market! Here’s why 👇🏼

🏡 On average, every time the rates drop by 1%, 5 million more people become eligible to buy a home. Thats a lot of competition that you don’t have right now.

👀 I’m seeing buyers getting good deals right now. That could change when the Fed cuts rates and unleashes millions of buyers back into the market, who are sitting on the sidelines right now waiting for the rate cut.

🏆 It’s better to buy the home you want now, capture the equity AND when the rates drop, you already have your home and you can refinance.

Home prices continue to appreciate at a meaningful pace and will continue to rise even more as the rates come down and demand intensifies.

✅ Timing and awareness are critical in anything but especially when buying a home. Who you work with matters! It can be the difference between winning and losing in the market. Work with an expert. Reach out to us today for a free home buying or refinance consultation.

💻 [email protected]

🚨 Who you work with matters! Here’s a real life example of why.

👉🏼 This was a 2 week FHA closing WITH a holiday in the middle.

The listing agent called me on Sunday evening before they accepted our offer and asked me if it was really possible to close an FHA loan in 2 weeks? 👀

I told her that we would absolutely get it done on time because I knew we could. 🙌🏼

✅ Listing agent sent the contract over later that Sunday and it closed today, 2 weeks later.

Who you work with is the difference in whether or not you get the home that you love!

What if I didn’t pick up the phone Sunday❓
What if we needed 30-45 days to close❓

🏡 Had we not been able to be so competitive with our offer and communicate with all parties even on a Sunday, our buyer would have never gotten the home that their family loved and would still be house hunting today.

🔑 Instead, they closed today, keys in hand!

✅ We have the best team in the business and we’re ready to help you win your home while saving you the most money! Reach out today and find out how we can help you win in today’s housing market.

We’re making the loan process easier than anyone in the industry!

✅ Speed
✅ 7 day a week availability for our clients/referral partners
✅ Excellent rates
✅ The most loan options

Work with an expert on your next home purchase or refinance. For a free home buying or refi consultation, DM me or reach us at 👇🏼👇🏼

💻 [email protected]

🏡 Builders pulled back on new construction last month, with Housing Starts falling nearly 15% from February.

Starts for single-family homes, which are the most crucial due to high demand, were also down 12.4%. ⬇️

There was a similar trend in future construction, with Building Permits also ticking lower despite much needed supply.

✅ This will help keep home values on the rise.

It's official, I've opened my own branch! I made the move over to Prairie View Mortgage where I can offer more loan products, great rates and the same great service. My phone # is the same, call/text me to learn more!

✅ Mortgage rates have been trending down in recent weeks, increasing affordability and boosting purchasing power for millions of potential home buyers.

Want to know what your purchasing power is? 🏡

DM me today to find out!

🏡 Take advantage of the market today before the competition for home buying picks up in the spring.

Our buyers are getting great deals on homes right now!

✅ Reach out to me today to get started and get ahead of the competition!

I’m often asked by my clients 👇🏼

Should I buy a new home or existing home ❓

This is truly a matter of personal preference but there are a few factors to consider before you make your decision.

Floor plans, neighborhoods, school districts and more can vary greatly between new and existing homes.

🏡 Which do you prefer?

🚨 Market odds on Federal Reserve Rate Cuts for 2024

If you’re looking to buy right now, take advantage of the current market. It’s slightly a buyers market right now but for how much longer?

Get your home now and refi later.

What do you think will happen when the Fed cuts the rates❓

Obv answer is rates will be lower, yes.

But that means more competition for buyers❗️

Your rate will be slightly lower but you’ll be in multiple offer scenarios and could very likely over pay for a home due to the influx of buyers entering the market.

Better to get a sweet deal from sellers now, already be in your home and just refinance when the rates drop.

✅ I’ve been getting this message out to my buyers and the ones who are taking advantage are getting great deals on homes right now.

🏡 I’m seeing seller concessions and below asking price ACCEPTED offers in a lot of cases.

📩 DM me for a free home buying consultation

😎 Walked into the office this morning to a nice surprise.

✅ Top Producer for our branch this year. 🥇

Thank you Eddie Kravchenko for your support over all of these years and for your wisdom. Simply put, I would not be in this position today without you!

And no top producing loan officer does it on their own. I want to thank my Amazing team who works so hard behind the scenes to make our clients happy. It’s truly a privilege to work with each one of you. I mean that from my heart.

🙏 And of course, thank you to all of our clients and referral partners who trust us with the biggest purchase of our clients lives. I do not take your trust for granted.

🏡 Whether you’re a first time home buyer, investor or looking to refinance, our goal is always to roll out the red carpet for you!

If you’re debating renting or buying, know that homeownership can help you grow your wealth. 💰

✅ As you can see in this report from the Federal Reserve, the net worth gap between being a home owner and a renter is widening drastically. One reason why is because homeowners gain equity as home values climb.

If you’re interested in learning more about the financial benefits of home ownership, send us a DM or reach out via👇🏼👇🏼

📲 (214) 550-9589
💻 [email protected]

Rent vs Buy ? Not a fair fight.

Here’s a few reasons why buying wins every time.

😳 Renting is like paying 100% in interest. You never build any equity.

✅ With a fixed rate mortgage, your principal and interest is locked in, shielding you from future rate hikes.

✅ Owning allows you build equity and grow your wealth over time.

If you’re done with the rent game and ready to make a move into home ownership, reach out to me.

📲 (214) 550-9589
💻 [email protected]

Did you know the industry average closing time for a mortgage is 49 days⁉️

That’s insane! Imagine putting an offer on a house knowing it will take almost 2 months to close. That makes it very difficult to get your offer accepted, resulting in a much longer/harder than necessary house hunt.

✅ Understand that sellers want to get paid fast so a fast closing will ALWAYS make your offer stand out.

We’re changing the game with our Same Day Mortgage. 👇🏼👇🏼

🔹 ONE day approvals

🔹From accepted offer to closing table in 10 days (fastest allowed by law)

Make your offers stand out like cash and close with speed and certainty. Reach out to us for more info.

📲 (214) 550-9589
💻 [email protected]

🏡 Finding your ideal home can feel hard today with so few houses for sale. But why is inventory so low? One reason is builders haven’t been building enough homes for over a decade. While new home construction is increasing, the shortage won’t disappear overnight.

✅ Reach out to me to talk about insights and strategies on how to navigate and win in todays dynamic housing market.

📲 (214) 550-9589
💻 [email protected]

🏡 In recent years, homeowner equity has gotten a big boost as home prices rose. As a result, you may have even more equity than you think. Don’t believe me? Right now, over 2/3 of homeowners have at least 50% equity in their homes. That’s huge.

Want to find out how much you have and how it can help you when you move? 👇🏼👇🏼

📲 (214) 550-9589
💻 [email protected]

🇺🇸 You protected us, so it’s the least we can do for our veterans.

✅ On top of 0% down payment, we won’t charge you any lender fees for your VA loan.

🏡 Let us help you get into your new home with as little money out of pocket as possible.

Reach out for more info 👇🏼

📲 (469) 826-9206
💻 [email protected]

🏡 Want to know what will happen in the for the rest of 2023?

Here’s a snapshot of what experts project for a few key indicators moving forward 📸👇🏼

✅ The average of expert forecasts shows home prices will grow, mortgage rates may fall, and plenty of homes will sell.

Want to know more? Reach out at [email protected]

🏡 Do you know how much equity you have in your current home? Chances are it’s a lot more than you realize.

👉🏼 If you are a homeowner thinking of making a move, message me or reach out to [email protected] and find out how you can use your equity towards the purchase of your next home!

👉🏼 According to an annual Gallup poll, Americans have voted real estate as the best long term investment for 11 years running.

✅ That’s because you’re not just buying a home - you’re investing in an asset that typically grows in value with time.

📲🏡 Reach out to me to learn more about how purchasing a home may be a good long term investment for you.

✅ I think what separates average lenders from exceptional lenders is the ability to communicate, problem solve and stay poised when challenges arise.

👉🏼 This email was from a listing agent that we closed on this week. He was also the parent of the seller so needless to say, this closing was unique.

We had some unexpected challenges come up that were out of our control but we still managed to bring this closing smoothly to the finish line and leave all parties happy in the end. 🏡🎉

🥇 We make sure our clients are taken care of with the smoothest and most streamline process in the industry!

Happy to announce that in addition to Texas, Arizona and Oklahoma, I’m now licensed in the great state of Colorado 🏔️

Here to service all of your mortgage needs! 🏡

🏡 The average net worth of a homeowner is 40 times greater than a renter. Why?

One reason is home equity. As a homeowner, you build equity with each mortgage payment you make and as home prices appreciate with time. ⬆️

💰This helps you grow your net worth.

Reach out at [email protected] so you can start your journey towards homeownership or investing today.