Car buyers are stretching loans to seven years to afford a $787 payment, almost one in five families with debt was late on a payment last year, and Bank of America just got fined $1.2 billion for money laundering violations. Meanwhile your lender needs a letter for a $400 Venmo.…
Over 30,000 homes for sale in North Texas. Move-in ready wins, and a pre-listing inspection means no surprises in the option period. Plus how to have AI sort a 40-page inspection report. Full Market Update: https://youtu.be/i7wKgnDZIzk
$10K off the price saves about $69 a month at today's rates, and takes about 12 years to add up to $10K. $10K toward closing costs is cash in your pocket at closing. Full Market Update: https://youtu.be/i7wKgnDZIzk
Your clients' tax bills just landed. The protest window closed in May, but there are still 4 moves before January 31: check the homestead exemption, read the county record, look at a motion to correct, and pay on time. Full video is on the Mike Mills Mortgage channel: "Texas Property…
A stale listing costs your seller money every week it sits. Homes that sat eight weeks or longer sold for 1.3% less than average, and homes that closed around four weeks sold for 1.8% more. In North Texas, September sales averaged 62 days on market and closed at 93.9% of…
From Mike's Mind in Market Update 196. Full episode: https://youtu.be/i7wKgnDZIzk
The DFW housing market in September 2026: the average North Texas seller closed at 93.9% of their original asking price, about 6% under where they started. Most of that traces back to starting too high. In this clip from Market Update 196, Mike Mills walks through the MetroTex September numbers,…
$10K off the price saves about $69 a month at today's rates. $10K toward closing costs is cash at the table. Full Market Update: https://youtu.be/i7wKgnDZIzk
Pending sales, new listings and active listings all fell in September (MetroTex). Full Market Update: https://youtu.be/i7wKgnDZIzk
Will mortgage rates come down? As of October 20, the 30-year sits around 7.4%. That's better than three weeks ago and worse than a year ago, and it keeps coming back to one thing: U.S. debt. In this clip from Market Update 196, Mike Mills breaks down what moved rates…
A stale listing strategy starts before the sign goes in the yard. In September, the typical North Texas seller closed at 93.9% of their original asking price. On a $400,000 house, that's about $24,000. And most of it traces back to one decision: the starting price. This week, Mike Mills…
A homeowner tried to protest with photos from three years ago. The county ran its own AI on them and threw the evidence out. Michael Reeves, founder and CEO of The Andy App, explains how the counties are catching up. We cover whether a buyer could ever see the photos…
Your buyers keep waiting for prices to drop. They already did, just not the way anybody pictured it. DFW is down about 3.5% from the 2022 peak while inflation ran almost 13%. In 2022 money, a $400,000 house is now worth about $342,000. About $58,000 of value came off, with…
For the first time in the history of owning a home, you actually want your house to look worse than it is. Michael Reeves, founder and CEO of The Andy App, explains why. The county values your home like it's on the market, freshly painted with cookies in the oven.…
The county compares your home to the neighbors who just painted, fixed the cracks and baked cookies for the showing. Michael Reeves of The Andy App explains how photos of your home's real condition can lower your property taxes. Full episode: https://www.thetexasrealestateandfinancepodcast.com/ai-property-tax-protest/ Related video: https://youtu.be/6seDO3yphW8 #propertytax #texasrealestate #shorts
Most of your buyers never file the homestead exemption after closing. In Texas, a missed homestead exemption can usually be fixed up to two years back, and the refund goes straight to the homeowner. Michael Reeves, founder and CEO of The Andy App, joined me to walk through how the…
A Midland storage unit owner never protested his property taxes. Michael Reeves of The Andy App saved him $30,000 in one year, then they did the math on 17 years. Full episode: https://www.thetexasrealestateandfinancepodcast.com/ai-property-tax-protest/ Related video: https://youtu.be/sXITsBJG6fk #propertytax #texasrealestate #shorts
From Episode 194 of The Texas Real Estate & Finance Podcast. A listing with 12 showings and no offers, feedback that tells you nothing, and the 60-second habit that fixes it: voice-record what you learned after every showing with your AI app, then show your seller the pattern. One agent's…
Can AI help you protest your property taxes in Texas? Michael Reeves, founder and CEO of The Andy App, built an app that does exactly that, and in this episode he shows how. Every spring, Texas homeowners get an appraisal notice saying their house is worth more, and most just…
From Episode 194 of The Texas Real Estate & Finance Podcast. The math on a $10,000 price cut versus the same $10,000 as a closing-cost credit, why the sale price matters for the appraisal and the street, and how to word the credit in the listing. If you want the…
So most Texas homeowners never protest their property taxes, and plenty who do just throw comps at the appraisal district and hope something sticks. Michael Reeves, founder and CEO of The Andy App out of McKinney, built an app that lets homeowners protest right from their phone. AI builds the…
If your buyers keep saying they're waiting for prices to drop, they already did. Just not the way anybody pictured it. DFW prices are down about 3.5% from the June 2022 peak, while inflation ran almost 13%. That's about $58,000 of value gone on a $400,000 house in 2022 money.…
From Episode 194 of The Texas Real Estate & Finance Podcast. The listing's payment estimate pulls the last owner's taxes, guesses on insurance and can't price mortgage insurance. Full pre-approval, or full underwriting for a complicated file, gets your buyer a real payment and a loan that closes. Got a…
Most agents use AI the same way every day. Open it, explain who you are, explain your market, explain how you write. Get the answer, close the tab. Tomorrow, start over. So here's the fix. Set it up once, for one job, and it already knows the work when you…