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Economists and housing experts are predicting a healthy market with continued price growth so long as mortgage rates remain below 4% (Today about 2.5%). Castle Hills will continue to show healthy growth as new home sales in Northpointe will drive overall demand. As Castle Hills ages, pre-owned sales will be driven by updates (at least partial) on older homes. What the older homes lack in new home features, they often gain in location (e.g. closer to village center) and lot size (homes are older lots are often 50% larger than similar new home lots). We can guide you through the process of updating your home either to sell now or in the near future.
Northpointe sales are outrageous and it's quite likely most if not all single family homesites will be sold before the end of 2021 if the builders can build them fast enough. If rates remain low, I believe it will only help the prices of older homes when new ones can no longer be purchased. It is believed that Northpointe will be the final single family residential section of Castle Hills. Time will tell if that will be so.
As a fellow Castle Hills resident for nearly 21 years, I remain passionate about the area and passionate about helping residents determine their next steps in this vibrant and dynamic community. Call, text, or email me and let's get moving!