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Open House
Open House this Saturday, Nov 11th from 11 AM to 1 PM at our newly renovated gem nestled on a full acre in the Burleson School district!
Indulge in the charm of a cozy wood-burning fireplace, three spacious bedrooms, and three full baths. Revel in the brilliance of new light fixtures, faucets, and plumbing.
A 2020 roof refresh, a kitchen with all new appliances, and an abundance of storage space ensure you’re set for life’s every chapter. And for your passions, a colossal 30X40 backyard building awaits.
Whether it's for an RV, boat, or a dream workshop, this space is yours to claim. Let’s make new memories together in this family haven! 🍂
503 Curtis Road, Burleson, Texas 76028
Exciting news! This beautiful home is officially under contract, bringing us one step closer to fulfilling someone's dream of homeownership. If you're thinking about buying a home, don't hesitate to reach out to me. I would be happy to assist you in making your dream a reality. ❤️
🙋🏻♀️ Stefanie Daugherty 🏡 Mills Real Estate Group 💌 StefanieDaughertyRealEstate@Gmail.com 📱 817-564-1478 👩🏻💻 StefanieDaugherty.com 💎 ReloRadar
New Listing
Welcome to the heart of Burleson, Texas! 🏡 This 3-bedroom beauty isn't just a house - it's a symphony of comfort, functionality, and style in 1,080 sq ft. From school runs made easy (just 2 miles away!) 🚌 to a backyard that screams family BBQs 🌳, every corner is designed for memories.
Revel in recent upgrades, new kitchen appliances, and even a generous sodding allowance. And with a transferable lifetime foundation warranty, it's more than just a home; it's peace of mind.
Ready to move in? Your Burleson sanctuary awaits! 🗝️🌟
Sweet new Fort Worth app lets you send same-day gifts from top local boutiques
Like Amazon, gifts will be delivered same- or next-day. Unlike Amazon, they'll be packaged and wrapped beautifully, and will include a handwritten note.
"Gifting is such a beautiful practice, and important for building and strengthening relationships of all kinds, but it often falls to the bottom of to-do lists," says founder Sarah-Allen Preston in a statement. "Afloat brings the best local shops right to your fingertips, making it seamless to gift thoughtfully on the go."
Fort Worth neighbor is 9th fastest-growing affordable suburb in U.S., report says
The south Fort Worth suburb ranked No. 9, with a population growth rate of 11.2 percent as of 2020, the report said.
The report notes that some suburbs have stagnated, in the wake of a trend of people moving toward more walkable inner cities. But the allure of space and safety is still a lure for many home buyers. Burleson is just 15 miles from downtown Fort Worth, making a manageable commute part of its appeal.
Burleson's average housing price is $318,568. The study says Burleson residents are paying much less than most Americans for their homes, which is part of its allure.
The city's population has been on an upward trajectory for decades (as longtime residents who've witnessed its growth can attest).
"Burleson struggled during the Great Depression, maintaining a population of just a few hundred," the report says. "Today, the jobs and people are back in droves. Burleson’s grown from just over 46,000 residents in 2017 to more than 53,000 today."
Real Estate News
Homeowner Net Worth Has Skyrocketed
If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision. Every three years, the Federal Reserve Board releases the Survey of Consumer Finances (SCF). That report covers the difference in net worth for both homeowners and renters. Spoiler alert: the gap between the two is significant.
The average homeowner’s net worth is almost 40X greater than a renter’s. And here’s the data to prove it (see graph below):
The Big Reason Homeowner Net Worth Is So High
In the previous version of that report, the net worth of the average homeowner was roughly $255,000 and that of the average renter was $6,300. But in the release that just came out this year, the gap widened as homeowner net worth climbed dramatically. As the Survey of Consumer Finances (SCF) report says:
“. . . the 2019-2022 growth in median net worth was the largest three-year increase over the history of the modern SCF, more than double the next-largest one on record.”
One of the biggest reasons homeowner net worth skyrocketed is home equity.
Over the last few years, known as the ‘unicorn’ years for housing, home prices went through the roof. That’s because there weren’t enough homes for sale, and there was a big influx of buyers rushing to buy them and take advantage of the then record-low mortgage rates. That imbalance of supply and demand pushed prices higher and higher. As a result, most homeowners who had a home during that time saw their equity grow a lot.
If you’re still in the middle of making your decision on whether to rent or buy, you may wonder if you missed the boat on the big net worth boost. But here’s what you need to realize. As a recent article in The Ascent explains:
“Whether your net worth increased in recent years or not, there are steps you can take to boost that number in the coming years. . . buying a home can be a great way to grow your net worth, since home values have a tendency to rise over time.”
Historically, home prices climb over time. Even now that mortgage rates are closer to 7-8%, prices are still rising in many areas of the country because supply is still low compared to demand. That’s why expert forecasts for the next few years call for ongoing appreciation – just at a pace that’s more typical for the housing market.
While it likely won’t be the record ramp-up that happened over the last few years, people who buy now should continue to grow equity in the years ahead. That means, if you’re ready and able to buy a home today, you’ll be making an investment that’ll help build your net worth in the long run.
As Jessica Lautz, Deputy Chief Economist at the National Association of Realtors (NAR), says:
“. . . when deciding to rent vs buy, one must calculate the total cost of homeownership (maintenance, utilities, commuting, etc.) and the total financial benefit. Based on new Fed data . . . the median net worth of homeowners was $396,200 vs renters at $10,400. There is no question about the wealth gains that homeownership provides.”
Bottom Line
If you’re on the fence about whether to rent or buy a home, remember that homeownership can give your net worth a big boost over time. If you want to learn more about this or the many other benefits of owning a home, connect with one of our real estate agents.