Welcome to Flowers Realty - Serving Your Real Estate Needs

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Flowers Realty Services LLC
811 S. Central Expy, Ste.337
Richardson , TX 75080
(214) 432-5822
Naperville IL.

Having the right real estate agent or loan officer means having an individual who is committed to helping you buy or sell your home with the highest level of expertise in your local market. This means also to help you in understanding each step of the buying or selling process. This commitment level has helped us build a remarkable track record of delivering results.

Nothing is more exciting to us than the gratifying feeling we get from helping people meet their real estate needs. You can count on us to always do what's in your best interest. We pride ourselves on being honest, trustworthy, and knowledgeable in the real estate market. We know how important it is to find your dream home or get the best offer for your property. Therefore we will make it our responsibility to help you achieve those goals.

Whether you are an experienced investor or a first time buyer, we can help you in finding the property of your dreams. Please feel free to browse our website or let us guide you every step of the way by calling or e-mailing us to set up an appointment today.

Mortgage Rates


Average Rate*
30-Year FHA Rate 3.24%
7/1 ARM Jumbo Rate 3.09%
30-Year Fixed Rate 3.23%
20-Year Fixed Rate 3.18%
15-Year Fixed Rate 2.65%
* Conforming FNMA Loan Amount. Rates may include points.

Information updated: 10/27/2020

Real Estate Industry News

MBS RECAP: Bonds Looking Better This Week, But Risks Remain

Posted To: MBS Commentary

Bonds Looking Better This Week, But Risks Remain Today's release of FHFA's home price index showed a sharp acceleration in price growth, with the annual total at 8.0% by the end of August. If prices completely stopped moving up in Sept, that puts new conforming loan limits on pace for $545k+. Meanwhile, with a 2nd straight day of gains, the bond market is making case for a supportive shift, but risks remain. Econ Data / Events 20min of Fed 30yr UMBS Buying 10am, 1130am (M-F) and 1pm (T-Th) Durable Goods 1.9 vs 0.5 f'cast, 0.4 prev Core Durable Goods 1.0 vs 0.5 f'cast, 2.1 prev FHFA Home prices (y/y) +8.0 vs +6.5 prev Case Shiller Home Prices (y/y) 5.2 vs 4.1 prev Consumer Confidence 100.9 vs 102 f'cast, 101.3 prev Market Movement Recap 08:51 AM Bonds were modestly stronger...(read more)

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Homeownership is Growing, Especially Among Younger Age Groups

Posted To: MND NewsWire

The U.S. homeownership rate in the third quarter fell back slightly from the prior quarter. The second quarter saw the highest level for homeownership since the second quarter of 2008. Homeownership in the third quarter, according to the U.S. Census Bureau, was 67.4 percent, 0.5-point decrease from the previous period, but up from 64.8 percent in the third quarter of 2019. That rate ties with the second quarter of 2009 as the second highest rate since the onset of the housing crisis. The rate was highest in the Midwest and South at 71.2 percent and 70.8 percent and substantially lower in the Northeast (62.0 percent) and West (62.1 percent). All four regions posted annual increases. The rate increased for all age groups. Those under the age of 35 jumped from 37.5 percent in the third quarter...(read more)

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MBS Day Ahead: New Conforming Loan Limits Coming Into Focus; Bonds Turning a Corner?

Posted To: MBS Commentary

We'll start off with more of an industry-specific curiosity (as opposed to diving right into markets/rates). Then again, the conforming loan limit is a key consideration for rates, and it will be updated in less than a month! Today's FHFA home price data was the 2nd to last month needed to calculate the annual change in home prices (which FHFA relies on to determine new loan limits). But it's not quite as easy as just looking at the headline 8.0% annual growth. Loan limits are based on FHFA's expanded data set that is only released quarterly. Fortunately , that expanded data set tends to fall very close to the Home Price Index headlines. We'll get September's data (and thus the quarterly number) next month. We got August today, and it was very strong. But do you really...(read more)

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