Market Update for April

Irving Las Colinas Real Estate Update...

As of today there are 702 homes active on the MLS.
There are 161 currently under contract.
95 homes have sold in the last 30 days.

State Representative Has Bright Outlook on Irving Las Colinas

Today I was sent an article in The Irving Journal March 18th issue on page 2, written by Hon. Linda Harper Brown State Representative District 105.

It effectively states what I have been saying for quite some time…Irving Las Colinas Real Estate and its economy is a bright spot in a gloomy picture.

Everyday we hear doom and gloom about the national economy and the declining Real Estate markets. Yet as Rep. Harper-Brown explains, the outlook for Irving Las Colinas is quite bright.

Thank you Rep. Harper-Brown for showing us Irving’s bright future!

What Can You Really Afford?

Many people looking for homes in the Irving Las Colinas area have mistakenly taken the number they were given by their lender for the amount they were pre-approved for and used it as the number for the price of home they believe they can afford.

There usually is a difference between what you can afford and what would be a comfortable payment. You need to find the balance between what the maximum you qualify for and what you are truly comfortable in paying.

The most conservative way to figure out what you can afford is to figure out what payment would be most comfortable for you and then see what you qualify for. If the number you qualify for is above what you feel comfortable with, I suggest go with the latter. Better safe then sorry.