Rio Grande Valley Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Feb. 20, 2024

Redefining the Concept of 'Home' in Our Modern World

In the 21st century, the traditional concept of a 'home' as merely four enclosing walls and a roof has been radically transformed. Today, 'home' is a dynamic kaleidoscope of experiences, emotions, and functionality. As we move forward, we need to redefine 'home' to potential buyers, not just as a physical dwelling, but as a living, breathing entity that resonates with their lifestyle and aspirations.


  1. Home as a Personal Haven: In the hustle and bustle of modern life, a home should serve as a personal refuge - a sanctuary where one can disconnect from the world and reconnect with one's self. It should provide comfort, peace, and a sense of belonging. The architectural design, the interior decor, the natural light filtering through the windows - all these elements should work together to create a soothing, tranquil environment that nourishes the soul.

  2. Home as a Technological Hub: In our digital age, homes are no longer disconnected from the world. They are becoming smart, with integrated technologies that enhance comfort, convenience, security, and entertainment. A smart home can learn from the homeowner's habits and preferences, adapting over time to create a living space that is truly personalized and efficient.

  3. Home as a Sustainable Ecosystem: With growing consciousness about our impact on the environment, homes are now being designed to be sustainable and energy-efficient. Solar panels, rainwater harvesting systems, green roofs, and energy-saving appliances are just a few features that can transform a home into a self-sustaining ecosystem that respects and enhances the natural environment.

  4. Home as a Health and Wellness Center: The pandemic has highlighted the importance of health and wellness. Homes are now seen as wellness hubs, equipped with fitness corners, meditation zones, kitchen gardens for organic produce, and spaces designed for relaxation and rejuvenation. A healthy home is one that promotes both physical and mental well-being.

  5. Home as a Space for Work and Play: The lines between work and home have blurred. A modern home should offer a conducive environment for work, learning, and entertainment. Dedicated workspaces, learning corners for kids, and recreational zones for relaxation and hobbies are now integral parts of a home.


In essence, a home is more than just a physical structure; it's an extension of one's personality, a reflection of one's lifestyle, and a canvas for one's dreams. It's not just about living, it's about living well. Our mission at SERMOL Real Estate Solutions is to help potential buyers understand and appreciate this new definition of 'home', and guide them in finding a home that truly resonates with their unique vision and aspirations. Visit our Page:



Posted in Real Estate News
Feb. 14, 2024

McAllen Texas Housing Market

The McAllen housing market exhibits some interesting trends. Here’s a summary of recent data:

  • The median sale price of a home in McAllen was $269,000 last month, which represents a 16.5% increase compared to the previous year. Additionally, the median sale price per square foot in McAllen is $155, reflecting a 23.0% increase since last year.

  • Days on the market: Homes in McAllen typically sell after 53 days, indicating a somewhat competitive market. Some homes receive multiple offers, while others sell for around list price and go pending in approximately 18 days.

  • Migration trends: In the period from September 2023 to November 2023, 37% of McAllen homebuyers considered moving out of McAllen, while 63% preferred to stay within the metropolitan area. Among those moving into McAllen, Los Angeles homebuyers showed the highest interest, followed by Chicago and Miami. As for McAllen residents relocating elsewhere, Austin was the most popular destination, followed by San Antonio and Brownsville.

  • Comparing with the national average: McAllen’s median sale price is 34% lower than the national average, and the overall cost of living in McAllen is 19% lower than the national average.

Remember that these trends are based on data and provide valuable insights for both buyers and sellers. If you’re curious about your own home’s value, you can track it and compare it to nearby sales at "Property Valuation in McAllen Texas"  🏡💰



SERMOL Real Estate

Posted in Real Estate News
Feb. 13, 2024

FOR RENT - 3277 Los Arcos Weslaco Texas

🏡 FOR RENT - 3277 Los Arcos Weslaco Texas! Looking for the perfect rental home? Look no further! This cozy gem boasts spacious rooms, a backyard for relaxation, and all appliances included. With tile floors and freshly painted walls, it's move-in ready! Located near schools, local retail shopping, and just minutes from Interstate 2, convenience meets comfort in this ideal space. Don't miss out – schedule your viewing today!
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Posted in Real Estate News
Feb. 13, 2024

Tenants Love Jackson Park Plaza!

💛This is why our tenants love Jackson Park Plaza!💛
Posted in Real Estate News
Feb. 9, 2024

Pre-qualification and final approval

Hey there Homebuyers!

Are you currently in the process of purchasing your dream home? Congratulations! It's an exciting and sometimes overwhelming journey, but one that will ultimately lead you to your own little piece of paradise.

As you navigate through the home buying process, you may have come across the term "pre-qualification" for a mortgage. This is a step that many people believe is a guarantee for final approval, but unfortunately, that is not the case. I'm here to debunk this common misconception and shed some light on the importance of understanding the difference between pre-qualification and final approval.

First and foremost, let's define what pre-qualification actually means. It is an estimate of how much you may be able to borrow from a lender, based on the information you provide about your finances. This typically includes your income, assets, and debts. It is a helpful tool to give you an idea of what price range you can afford when searching for a home. However, it is important to note that pre-qualification is not a guarantee for final approval.

So, what exactly is the difference between pre-qualification and final approval? Well, the final approval process is much more rigorous and involves a thorough examination of your financial situation and credit history. The lender will also consider the appraised value of the property you intend to buy. This means that even if you have been pre-qualified for a certain amount, the lender may still deny your final approval based on a more in-depth analysis of your ability to pay back the loan.

It's also important to understand that pre-qualification does not take into account your credit report. Your credit score and history play a significant role in the final approval process, as it gives the lender an idea of your financial responsibility and ability to make timely payments. So, even if you have a high pre-qualification amount, a poor credit score could still result in a denial of final approval.

Furthermore, pre-qualification does not consider the specific property you want to purchase. The lender will take into account the appraised value of the property and may adjust your final approval amount based on this. This is why it's important to have a thorough understanding of the property's value before making an offer.

I know this may sound daunting, but it's important to understand that the final approval process is in place for your own benefit. It ensures that you are not taking on more debt than you can handle and that you are making a sound financial. So, Call (956) 683-6598 so we can explain the process to you.    


SERMOL Real Estate Solutions

Posted in Real Estate News
Feb. 8, 2024

Long-Term Real Estate Investment

"The Crucial Role of Long-Term Real Estate Investment: A Realtor's Perspective"

Real estate is more than just buying a house—it's an investment in your future. As a professional realtor, I've witnessed firsthand the transformative power of long-term real estate investment. In this article, we'll explore why investing in real estate for the long haul is not just a smart financial decision but a key strategy for securing your financial future and building wealth.

  1. Building Wealth Through Property Ownership:

    • Real estate has long been regarded as one of the most reliable paths to building wealth. Unlike other investments that can be volatile or unpredictable, real estate tends to appreciate steadily over time.
    • By investing in a property and holding onto it for the long term, you have the opportunity to build equity and wealth as the value of your property increases.
  2. Stability and Security for Your Future:

    • One of the most significant benefits of long-term real estate investment is the stability and security it provides. Unlike renting, owning a home offers predictability in terms of housing costs and stability in your living situation.
    • As you pay down your mortgage over time, you'll also enjoy the peace of mind that comes with knowing you have a valuable asset that can provide financial security in retirement.
  3. Tax Advantages and Financial Benefits:

    • Homeownership comes with a range of tax benefits that can help you save money and build wealth over the long term. From mortgage interest deductions to property tax deductions, owning a home can significantly reduce your tax burden.
    • Additionally, real estate can provide financial benefits beyond just the appreciation of property value. Rental income from investment properties can generate passive income and bolster your financial portfolio.
  4. Diversification of Investment Portfolio:

    • Diversification is a key principle of successful investing, and real estate offers an excellent opportunity to diversify your investment portfolio.
    • Unlike stocks or bonds, real estate is a tangible asset that you can see and touch. By diversifying your investments to include real estate, you can reduce risk and protect your wealth against market volatility.
  5. Legacy and Generational Wealth:

    • Real estate investment isn't just about building wealth for yourself—it's also about creating a legacy for future generations.
    • By purchasing property and holding onto it for the long term, you can pass down valuable assets to your children and grandchildren, providing them with financial security and opportunities for the future.

Investing in real estate for the long term is more than just buying a house—it's a strategic decision that can have a profound impact on your financial future and the legacy you leave behind. As a professional realtor, I'm here to help you navigate the complexities of real estate investment and find the perfect property to meet your long-term goals. Let's work together Call (956) 683-6598.

SERMOL Real Estate Investment

Posted in Real Estate News
Feb. 7, 2024

Credit Score in Qualifying for a Home Loan

Importance of Credit Score in Qualifying for a Home Loan

When it comes to buying a home, your credit score plays a critical role in qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time and pay back debts. It also helps determine the mortgage rate you'll qualify for.

Factors That Determine Your Mortgage Rate

Your credit score is one of the most important factors that lenders consider when you apply for a mortgage. A higher credit score typically leads to lower interest rates and better loan terms. Other factors that lenders consider include your payment history, debt amount relative to your credit limits, and credit applications.

Tips to Improve Your Credit Score

If you're looking to improve your credit score before applying for a home loan, here are some things you may want to focus on:

  1. Payment History: Make payments on time and pay any existing late charges quickly.
  2. Debt Amount: Keep your debt amount as low as possible relative to your credit limits.
  3. Credit Applications: Avoid applying for new credit, as it could result in a hard inquiry on your credit, which may lower your score.

Joint Mortgages and Credit Scores

In the case of a joint mortgage, where two or more people purchase a home together, the credit scores of all applicants are taken into consideration. Having multiple earners on the application can increase the likelihood of approval, allow for borrowing more money, and potentially purchase a more expensive home.

Other Factors Considered by Lenders

While credit score is an important factor, lenders also consider other aspects when reviewing mortgage applications. These include the value of the property, income, assets, employment history, and the purpose of the loan additionally, if the loan is secured, lenders will want to know about the collateral being put up, such as the home itself.

Impact of Mortgages on Credit Scores

A mortgage can have both positive and negative effects on your credit score. Making on-time payments over the course of 15 to 30 years can help improve your score and contribute to the age of your credit. However, missing payments can result in a drop in your credit score. Additionally, applying for a mortgage triggers a hard credit inquiry, which may temporarily lower your score by a few points.

Remember, it's always a good idea to work with a trusted lender to get more information on how your credit score could factor into your home loan and the mortgage rate you'll be able to get.

If you have any more questions or need further assistance, feel free to ask Contact Us!
(956) 683-6598


Credit Score in Qualifying for a Home Loan

Posted in Real Estate News
Feb. 6, 2024

FOR SALE 408 N Dunlap Avenue, Mission, Texas

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🏠 Don't miss out on the opportunity to see this newly retouched unit! 🛠️ We're excited to announce that showings are now available, and we even have a special offer for FHA buyers. 📜 Make sure to have your preapproval letter ready and schedule a viewing today to see this amazing unit for yourself!
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(956) 683-6598
Posted in Real Estate News
Jan. 30, 2024

Your Perfect Home Awaits! Explore Our Latest Listings

🏡✨ Your Perfect Home Awaits! Explore Our Latest Listings! ✨🏡

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McAllen Texas Homes

Posted in Real Estate News
Jan. 18, 2024

Exclusive 4-Plex in Edinburg, Texas

4614 W Burberry Street, Edinburg Texas 78541

The newest 4-plex subdivision in Edinburg is quickly becoming a sought-after investment opportunity in the real estate market. This upcoming area boasts a gated subdivision, providing added security and peace of mind for both residents and investors. The open concept design of these units offers a modern and spacious living environment, perfect for attracting potential tenants and or owner users. Each unit features 3 bedrooms and 2.5 bathrooms, catering to the needs of families and young professionals alike. With its prime location and attractive features, this 4-plex subdivision is truly investor-friendly and presents a promising opportunity for those looking to expand their real estate portfolio. Don't miss out on the chance to be a part of this thriving community in Edinburg. Call (956) 683-6598






Posted in Real Estate News