FEATURED LISTING
Welcome

I would like to welcome you to my comprehensive Keller and Southlake real estate website. No other site provides more detailed Keller and Southlake real estate market information than you’ll find here. 

For buyers there is detailed area and neighborhood information and a great Multiple Listing search page. For sellers I provide information and data to help you to ready your home for market and to list it so it sells.

Texas law requires all license holders to provide the Information About Brokerage Services form to prospective clients so please take a moment to review the linked document.  This document will

  • describe the ways a broker can represent a party to a real estate transaction,
  • outline the basic duties and obligations a broker has to a party the broker represents, and
  • provide my name, license number, and contact information, as well as my supervisor's and broker's contact information as well.   

 So please, have a look around, and contact me with any questions you might have about the market or my services. No question is too mundane - I'm ready to help!

 

For Buyers For Sellers
for-sellers2.jpg   for-buyers.jpg  

The Keller and Southlake real estate market is made up of diverse and interesting communities and neighborhoods. I’ll tell you about each of them and let you narrow your search to the very best for you.

How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC]

24 Mar 2017 10:00:55 +0000

Some Highlights:

The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!
Anything under a 6-month supply is a Seller’s Market!
There has not been a 6-months inventory supply since August 2012!
Buyer Demand continues to outpace Seller Supply!

The Foreclosure Crisis: 10 Years Later

23 Mar 2017 10:00:56 +0000

CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way through to present day.

What Are the Experts Saying about Mortgage Rates?

22 Mar 2017 10:00:32 +0000

Mortgage interest rates have risen over the last few months and projections are that they will continue their upswing throughout 2017. What impact will this have on the housing market? Here is what the experts are saying:

It's a Seller's Market! Should I Downsize Now?

21 Mar 2017 10:00:20 +0000

A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their houses in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller’s market.

4 Great Reasons to Buy This Spring!

20 Mar 2017 10:00:22 +0000

Here are four great reasons to consider buying a home today instead of waiting.

Don’t Let Your Luck Run Out [INFOGRAPHIC]

17 Mar 2017 10:00:42 +0000

Some Highlights:

The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted to appreciate by 4.8% according to CoreLogic.
Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!

Which Homes Have Appreciated the Most?

16 Mar 2017 10:00:41 +0000

Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year.

A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture

15 Mar 2017 10:00:32 +0000

The inventory of existing homes for sale in today’s market was recently reported to be at a 3.6-month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower than this time last year, marking the 20th consecutive month of year-over-year drops.

Contact Info
Agent
Lisa Ackerson

Fathom Realty LLC

3930 Glade Rd, Suite 108-145
Colleyville  Texas 76034

(817) 994-6639 Lisa@LisaAckerson.com

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  • No credit score? There’s a new automated home loan option for you 2017-03-24 19:00:00

    Not having enough credit history for a credit score doesn't necessarily mean you must go through a drawn-out manual underwriting process to get a home loan. If you have a history of making housing payments on time and references, you could benefit from a new automated process from Freddie Mac, a quasi-public agency that purchases mortgages. Starting in June, borrowers without credit scores can see if they're eligible for purchase mortgages or no-cash-out refinance transactions on one-unit owner-occupied homes. Lenders will be able to use Freddie Mac's automated assessments to quickly approve your loan with greater confidence that Freddie Mac will purchase it. Loans will still be evaluated against Freddie Mac's credit requirements, but the automated process should allow lenders to more efficiently serve borrowers.

  • Don’t be fooled by these 3 selling myths 2017-03-17 19:00:00

    First-time sellers beware: there are lots of myths out there about the right way to sell your home. While your Texas REALTOR® is your first line of defense against making these mistakes, here are three common selling myths busted: Myth: I bought a house, so I know what it's like to go through a real estate transaction. I'll sell my home on my own and save money by not using a real estate agent. Truth: Texas REALTORS® don't work for free, but that's because they provide valuable assistance through the home-selling process. Selling isn't the same as buying, and a Texas REALTOR® can help you reduce your risk of making a costly selling mistake. Plus, they help clients with the ins and outs of property transactions every day and are plugged into your local housing market. If you DIY, that means you'll have to spend time marketing your home adequately, be available to show the home yourself, and navigate your way through a tricky transaction alone. Myth: If I price my home higher than market value, I'm leaving room for negotiations. Truth: Buyers have no idea you're employing this strategy and won't understand why your price is too high. Many won't even view your home, much less put in an offer. When your home is priced improperly, it's more likely to sit on the market, making potential buyers think there's something wrong it. When that happens, you'll probably wind up with lower offers than if you had priced the home fairly at the start. Myth: All I need to do is mow the lawn and hide my stuff in a closet and my home will be ready to show. Truth: Is a mowed lawn and hidden clutter all it takes to attract you to a home? It won't work for potential buyers of your property, either. Your Texas REALTOR® might go through your home with you and identify areas that could use some sprucing up to make your home more appealing. Or, he or she might recommend working with a home stager to make the best impression. Be open to those suggestions … your Texas REALTOR® knows what makes a property sell quickly for top dollar.

  • How to judge the energy efficiency of a house 2017-03-10 20:29:00

    Buyers often want to know what their utility bills for a property will be. The answer isn’t always straightforward. The products and building techniques that determine a house’s energy efficiency may be hidden from view. However, there are ways to learn this information. Ask questions If the seller made energy improvements to the house—upgraded insulation, new windows, efficient appliances—he will brag about it. And it’s likely the listing agent will include that in the property’s marketing materials and descriptions. If you don’t see those types of improvements listed, here are some questions to ask the seller or his agent. How much are the utility bills? Compare the costs to that of a similarly sized house. What’s the R-value of the insulation? Many people won’t know the answer, but those who do will give you valuable information. Here are the recommended R-values for different regions of the country. What do you know about the windows? For most of the Texas, you want windows with a Solar Heat Gain Coefficient of less than 0.25; the range is between 0 and 1, with the lower the better. If that information is not available, look for double glazing with inert gases between the panes, reflective tints, and low-E coatings that reflect heat. Are the appliances Energy Star rated? Energy Star is a voluntary program of the Environmental Protection Agency, and products with an Energy Star label are more energy efficient than standard products. Do you have the maintenance records for heating and cooling equipment? Heating and cooling equipment that is not properly maintained wastes energy. Signs to look for When walking through a property, do you see programmable thermostats? These devices let homeowners regulate heating and cooling based on need rather than at a set temperature, saving energy. Also, look for energy labels on appliances, which compare the product's approximate energy use to similar products. Just by glancing at the label, you can tell whether the appliance falls in the energy-efficient category or the not-so energy-efficient category. Your Texas REALTOR® can help you communicate with the sellers and look for information about a property’s energy consumption. And be sure to discuss your energy-efficiency concerns with a home inspector, as he will examine the property’s systems. Fran J. Donegan writes home- and garden-related content for The Home Depot, which carries a wide selection of energy-efficient insulation options, as well as numerous other publications. He's also the author of the books Pools and Spas and Paint Your Home.

  • An accepted contract is just the beginning 2017-03-03 15:42:00

    As a homebuyer or seller, an accepted contract is exciting. But hang on … the deal’s not done. Thankfully, if you’re working with a REALTOR®, he or she can guide you through all the potential twists and turns on the way to closing. An option to back out For starters, most purchase contracts include a termination option. The buyer pays the seller a fee for a specified period of time during which the buyer can cancel the contract. The buyer can exercise this option for any reason. In fact, he doesn’t even have to explain why. A closer look at the property Buyers usually hire inspectors during the termination-option period. Inspections that reveal items in need of repair may prompt a buyer to ask for a price reduction or repairs prior to closing. Or the buyer may simply choose to cancel the deal. Financing considerations Transactions sometimes unravel when a buyer cannot obtain the financing specified in the contract or the property does not meet the lender’s requirements. For example, appraisals can come in lower than the purchase price, or there may be issues with obtaining insurance for the home. The list goes on Option periods, inspections, and financing are three common trouble spots for transactions, but there are many others. Problems with title insurance or the survey, disagreements about items that convey, issues related to homeowners associations, or damage to the property after acceptance of the contract but before closing are a few examples of issues that can arise. You have a valuable resource Communicating with your REALTOR® about each stage of the transaction will minimize surprises and increase the chances that your transaction will proceed smoothly.  

  • Be a better informed consumer 2017-02-24 20:00:00

    When preparing to buy or sell a home, you might search online real estate portals or keep an eye on local real estate news, but there's a better source of real estate data. Thanks to the Data Relevance Project—a partnership among local REALTOR® associations and their multiple listing services, the Real Estate Center at Texas A&M University, and the Texas Association of REALTORS®—you can get a firsthand look at what's happening in your market. The 2016 Texas Real Estate Year in Review Report includes information on 25 metropolitan statistical areas across the state, often with county-level data, as well. Learn how home prices have changed, the number of active listings, how long homes stay on the market, the amount of housing inventory, apartment rents and vacancy rates, and affordability figures—all for your area. This data can help guide your housing or real estate decisions and make you a more informed consumer when it comes time to consult with a local REALTOR®.

  • Little things that make a big impression on buyers 2017-02-17 21:09:00

    It doesn’t take much to change a buyer’s impression of a home. Add some peeling paint, a leaky faucet, and dirty dishes in the sink of an otherwise appealing house, and suddenly the buyer crosses that property off his list. Just as minor imperfections can turn off a buyer, a few small actions by you can make your home seem even more appealing. Fix conspicuous problems. You want to put your home’s best foot forward. If you can’t afford to remedy all the problems with the house, at least fix obvious ones. A buyer will notice the rotten porch railing or cracked window pane on a casual walk-through. Show the owner’s manuals. Sure, everything’s available online, but you still need to know the model number of your oven, dishwasher, and microwave when something breaks. Showing buyers that you’ve kept that information suggests that you’ve taken care of other things related to the house. Make an effort outside. Short grass makes bare patches less obvious, and a few bags of mulch around trees and in flower beds can work magic on an otherwise lackluster yard. Add in a planter of colorful flowers by the front door, and you’ve added significantly to your curb appeal. A little effort goes a long way with buyers, so ensure your home makes a great first impression. 

  • 3 tips to help your kids cope with a move 2017-02-10 16:00:00

    There are more than just logistical challenges when you move with children. Many kids feel emotional about leaving their friends or old home behind. Here are some common challenges kids face when moving and ways to help them feel more comfortable in their new place. When your child is nervous about a new school … Coordinate a tour of the school well before she starts so she can get familiar with the building. See if you can also introduce her to teachers and a few classmates so she’ll have connections on her first day. When your child is upset about leaving friends behind … Put together treats your child can use to remember his far-away friends. Include a photo album, frames, and other mementos from your child’s hometown. When your child is worried the new city won’t have familiar activities … Get your Texas REALTOR® to help you find out where your child can participate in the hobbies she enjoys. Whether she likes to play soccer at the park or take art classes after school, your Texas REALTOR® should be able to point you in the right direction for kid-friendly activities in your new location. Check out more tips for smoother moves, including buying, selling, and leasing information, from texasrealestate.com.

  • Why you might want a house that others don’t 2017-02-03 14:01:00

    There aren't many people who ask their REALTOR® to find them a house that backs up to railroad tracks or sits under a flight path. Buyers tend not to be attracted to homes on busy streets or next to a large business developments. That's where the laws of supply and demand can work in your favor. When lots of people don't want something, the price is cheaper. So if you want to get in a neighborhood that's a stretch for your budget, you might consider homes with a so-called undesirable quality. That could also help you afford a larger or nicer home than you would otherwise find in your price range. You might even decide that some of these perceived drawbacks are actually benefits. For example, the noise and activity of a busy elementary school across the street will turn off many buyers, but consider how convenient the playground—and the school itself—would be for your young kids. Airplane noises go hand in hand with quick trips to the airport. A busy street may help you get where you want to go faster, too.  If you want to explore properties that are more affordable due to factors that turn off some buyers, talk with your REALTOR® about your options.

  • As a buyer, time is of the essence 2017-01-27 20:00:00

    Buying a home isn't a process to be rushed. Yet with all the variables that go into purchasing property—your existing finances, mortgage rates, competition from other buyers, assistance programs, and government policies—the smart buyers are the ones who are ready to jump at the right deal. To set yourself up for success, have all aspects of the buying process you can control squared away as far advance as possible. That might mean working on your own finances, current housing situation, or applying for assistance programs as early as possible—maybe months ahead of when you start house shopping in earnest. Make sure you're going into the buying process with a team of professionals to help, as well. That may include knowing a good real estate attorney, researching reputable home inspectors, establishing a relationship with a mortgage broker, and of course, finding a REALTOR® you feel comfortable with. Of first-time homebuyers in Texas, 71% said their real estate agent helped them understand the process of buying home and 51% of all buyers said they received better contract terms because of their agent, according to the 2016 Profile of Texas Homebuyers and Sellers. Start the search now for a Texas REALTOR® who fits your needs at texasrealestate.com.

  • The most important negotiating tip 2017-01-20 19:22:00

    There’s a simple thing you can do to put yourself in a powerful negotiating position: If you want something, don’t care about getting it. Does that sound crazy? Can you see yourself not caring about your dream home, the one you can see yourself blissfully happy in for years to come? Don't misunderstand me. I'm not suggesting you don’t try to get the house. Not caring means you sit down with your Texas REALTOR® and put together a data-driven offer that makes sense for your situation. Then you divorce yourself from the outcome. Not caring—removing the emotion—makes your decisions easier because you’ll be assessing objective criteria. Either the seller meets your price or he doesn’t. Either he agrees to make a repair or he doesn’t. You won’t win every negotiation this way, but you’ll be less likely to pay more than you wanted to or compromise on something that you’ll regret. There’s no line in the contract that says, Check this box if you really want this house. Focus on the particulars of the deal without caring about the outcome. It’s easier said than done.