Dallas Area Residential Real Estate Report: December 2015

Thursday, December 31, 2015

Pending home sales slide

Pending home sales slide but not in the Dallas Area

See my November Sales Report

Dallas Area Residential Sales Report for November

Warmer-than-normal temperatures across much of the nation did nothing to heat up home sales in November.

Wednesday, December 30, 2015

Decoding the Listings: From Bamboo to Vinyl, Know Your Flooring Facts

Do you know your bamboo from your cork, your linoleum from your ceramic? We're here to help! Ready to get floored?

Alas, Inventory Shortages Likely to Stay in 2016

Home buyers will likely continue to face limited choices of homes for-sale in the new year.

Lenders Easing Up on Borrowing 'Naughty' List?

Good news: The new year likely will bring greater opportunities for home buyers trying to get a home mortgage.

Oil’s dip hits home sales

Oil’s dip hits home sales but not in Dallas

There’s a dark side to those delightfully low gas prices: Housing markets are slumping in communities that were recently flush from the U.S. shale oil fracking boom.

Tuesday, December 29, 2015

How on-trend is your home decor? Experts declare what's in and out for 2016.

Mason jars and chalkboard paint have had their moment in the sun.

Dallas-area home prices up 9.3 percent in latest Case-Shiller report

There’s no sign of a Dallas home market cool down in the latest nationwide price report.

What is Going on With Homebuilders?

What is Going on With Homebuilders

Lackluster homebuilding is hurting home buyers

Which Housing Markets Have the Most to Worry About

Home prices are closing in on their records of the last decade, reigniting fears of bubbles. Time to panic?

These are your best options to aid tornado victims in Rowlett and Garland

In the aftermath of a string of deadly tornadoes that swept across the Dallas area on December 26, Rowlett city manager Brian Funderburk has advice on the best places for those making donations.

Monday, December 28, 2015

2015 totals show North Texas real estate market is near an all-time high

As 2015 winds down, real estate activity in North Texas is near an all-time high.

6 Sneaky Ways to Make Your Home Look Expensive

Want your place to look like those home design website images you drool over? Of course you do!

15 cities with the best job and housing prospects

Of Course Dallas is on the List

The good news: the job market is getting tighter every day. The not-so-good news: so are housing options.

Sunday, December 27, 2015

25 Things You Should Know About Dallas

25 things to know about Dallas

The Lone Star State's third-largest city is a sprawling metroplex, boasting a rich history, signature snacks, and internationally-recognized architecture. Read on to learn more about the place residents call the "Big D."

These 10 catalysts will shape D-FW's business landscape in 2016

2016 is shaping up to be a game changer for North Texas.

Saturday, December 26, 2015

500 Million Dollar Home

I may not be able to sell your home for $500 million, but home prices are up and I can get you top dollar for your home.

Call Me.

Let's Talk!

Marie Walton, ABR,CRS,GRI,SRES
Ebby Halliday, REALTORS

972-816-5197

Thursday, December 24, 2015

HAPPY HOLIDAYS!

Wishing you and yours a happy holiday season.

I'll be taking off tomorrow and will be on a reduced scheduled for the next week. Back to my normal postings January 4th

15 Signs You Should Have Hired Another Contractor

Ever watch episodes of “Home Improvement?” Weren’t you glad there was no way you’d run into a builder that prone to making a mess of things?

Longer Closing Times Hamper Home Sales

It’s possible the longer time frames pushed a latter portion of would-be November transactions into December.

D-FW real estate still shrugging off oil price slide

New report: D-FW real estate still shrugging off oil price slide

The latest real estate market report card on the plunge in oil prices gives Dallas a gold star.

Wednesday, December 23, 2015

Go Beyond Art Above Your Bed

11 Stylish Ideas That Will Wow in Your Bedroom

Art — framed, sculptural or on canvas — makes a stylish statement to hang on the wall above your bed. Your bed is a natural focal point in your bedroom, so deciding what to do above it is an important task.

The Best and the Worst of the Dallas Art Scene in 2015

Melissa Hennings

Was 2015 a strange year for anyone else? It seems this year sucked a lot of the city's mojo dry. Maybe it was all the rainfall that filled the Trinity River. Maybe Mercury never came out of retrograde. Maybe we're all just overworked and underpaid.

New home sales rise 4.3% to 490,000 annual rate

Sales of new homes at three-month high; prices rise too

This Is What You’d See If Buyers On “House Hunters” Were Brutally Honest

"Reality” TV shows are the best opportunity in the world to roll your eyes at the stereotypes we’ve developed in this world. For most in the know, however, it’s pure silliness at its best, which is what makes it so much fun.

10 Reasons to Love Downtown Dallas

Fifteen years ago, the initial in Dallas’s nickname—the Big D—stood for “Deserted.” Today, when it comes to its downtown, the big “D” stands for “delightful.”

Wylie TX Residential Sales Report for November

Sales and pending sales were up double digits!

Single Family:

Wylie was really hot in November with sales were up by 37% and pending sales jumping 172%. The average sales price increased by 22% and the median sales price rose 23%. A lot of the increase has to do with the amount of new construction that is selling in the Wylie area.

New listings were up sharply with a 50% increased. The number of new listings increased by 15% and the months of inventory rose to 1.4 months. With the increases in inventory, it's still very hard to find a home in the Wylie area.

Sales: 97

Average Sales Price: $259,712

Median Sales Price: $240,000

Pending Sales: 125

New Listings: 99

Active Listings: 147

Months of Inventory: 1.4

If you live in the Wylie area and would like a personalized Comparative Market Analysis (CMA) on your home delivered to your email in just a few minutes, then click the link below to take advantage of this offer.

What's My Home Worth?

Information provided by The Real Estate Center at Texas A&M

Tuesday, December 22, 2015

The 20 Hottest Home Features Right Now

What’s hot with home owners and buyers now?

The 5 Real Estate Trends That Will Shape 2016

It’s almost the new year. Get ready to break out the Cristal: We had a great 2015—the best year for housing since 2007. And our forecast here at realtor.com® projects an even better year in 2016.

Existing home sales post steepest drop since 2010

NOT IN THE DALLAS AREA!

See my Dallas Area Residential Sales Report for November

U.S. home resales posted their sharpest drop in five years in November,

Lost Your Home Due to Hard Times? You Can Buy Again -- Here's How

Lost Your Home Due to Hard Times? You Can Buy Again -- Here's How/

If you're a boomerang buyer, follow these steps:

See which North Texas cities are among the Top 10 Boom Towns of 2015

It’s no secret that certain parts of Texas are booming.

Garland Residential Sales Report for November

Sales were slightly off but pending sales took a big jump up! It's a Seller's market.

Single-Family:

Sales were off by 3% in November as compared to a year ago. However, pending sales jumped up 38%. If you have been following my previous reports for November this same phenomenon has occurred in other areas. The average sales price increased 11% while the median sales price increased by 16%. I know this sounds like a broken record (does anyone know what a record is any more) but the sales continue to be concentrated in the upper price rages. This is not due to a lack of demand in the lower price rages but to an extreme shortage of properties for sale in these ranges. New Listingsrose 7% but the active listings fell by 9%. The months of inventory now stands at 1.1 months.

Sales: 140

Average Sales Price: 173,934

Median Sales Price: $158,450

Pending Sales: 179

New Listings: 149

Active Listings: 182

Months of Inventory: 1.1

If you live in the Garland area and would like a personalized Comparative Market Analysis (CMA) on your home delivered to your email in just a few minutes, then click the link below to take advantage of this offer.

What's My Home Worth?

Information provided by The Real Estate Center at Texas A&M

Monday, December 21, 2015

$300 million Garland development will bring homes, apartments and a restaurant

One of the largest vacant properties near Bush Turnpike in Garland is being eyed for a major development.

5 Breathtaking Affordable Kitchen Transformations

Think you can't afford a new kitchen? Think again!

How to Home In on the Right Neighborhood for You

Location, location, location. As the real estate agents say, it's the No. 1 attribute in real estate.

Texas leads nation for lowest mortgage negative equity

A just released study shows that Texas has the lowest number of homeowners who are underwater on their mortgages.

6 Things New Homeowners Waste Money On

OK, we’ve said it time and again, but it bears repeating: Buying a home is a very big expense

Carrollton/Farmers Branch Residential Sales Report for November

Sales Were Off But Pending Sales Were Up. It's a Seller's Market

Single-Family:

Sales fell by 20% in November as compared to a year ago but pending sales took a 22% jump up. We have see this same thing in other areas this month. Just some gyration in the market. The average sales price rose 10% while the median sales price climbed 12%, As in all of North Texas sales continue to be concentrated in the higher price ranges. New listings were up by 10% and this pulled the active listings up a healthy 22%. The months of inventory increased to 1.4 months. This is a long way from what is considered a balanced supply of 6 months.

Sales: 102

Average Sales Price: $261,385

Median Sales Price: $224,750

Pending Sales: 134

New Listings: 139

Active Listings: 176

Months of Inventory: 1.4

If you live in Carrollton/Farmers Branch area and would like a personalized Comparative Market Analysis (CMA) on your home delivered to your email in just a few minutes, then click the link below to take advantage of this offer.

What's My Home Worth?

Information provided by The Real Estate Center at Texas A&M

Sunday, December 20, 2015

Dallas Launches Innovative Streetcar

The City of Dallas, Texas, is now the first city in the US to possess a hybrid-electric streetcar that can run without an overhead wire-connection

Ouch! Three Times You Can Kiss Your Earnest Money Goodbye

The earnest money deposit—the cash you offer to essentially call dibs on a house—is one of the most important and misunderstood parts of the home-buying process.

Freddie: 2016 Rates to Stay Near Record Lows

Mortgage rates edged slightly higher for the second consecutive week and following the Federal Reserve’s decision Wednesday to raise its short-term interest rates for the first time since 2006.

New restaurants, state-of-art gym settle in Richardson

Yes, the excitement continues in Richardson as more businesses keep popping up seemingly overnight around the city.

Saturday, December 19, 2015

5 Overused Home Decor Trends in 2015

Home staggers and sellers should be aware that potential buyers may be sick of seeing these decor options,

Deck the City Hall Not to late if you hurry

City Hall Plaza is getting all decked out for the holiday.

At this free, family-friendly holiday festival, you can enjoy music, food trucks, train and carriage rides, and photos with Santa.

On Sunday, Dallas' Majestic Theater resumes its wonderful life as a downtown movie palace

On Sunday, Dallas' Majestic Theatre resumes its wonderful life as a downtown movie palace

Long ago, the Majestic was one theater among many in downtown Dallas. Now it is the only one left from a by gone era.

Friday, December 18, 2015

Study: Stellar Credit Scores Add Up to Savings

For every 10 point increase in credit scores, borrowers can expect to receive a lower mortgage interest rate

Wake Up, America: We’re in a Housing Crisis

America’s rental affordability crisis came into focus this week when the Harvard Joint Center for Housing Studies released its 2015 report on rental housing.

Ebby’s Home for the Holidays: NorthPark Center

Check out all of the things to do and see for Christmas

Mortgage rates inch higher amid Fed rate hike

U.S. mortgage rates inched up this week as the job market improves and the economy continues to show resilience

Frisco TX Residential Sales Report for November

Sales were off but pending sales were up

Single-Family:

Sales were off by 8% in November as compared to a year ago. However, pending sales were up by 13%. We have seen this occurrence in several other areas. Just some monthly gyrations. The average sales price increased by 10% and the median price rose by 7%. Most of the sales continue to be concentrated in the upper price ranges. New listings increased by 7% and the active listings jumped by 12%. It will take many months of inventory increases to bring the market in balance. The November months of inventory now stands at 1.5 months. It is still very much a Seller's market.

Sales: 230

Average Sales Price: $406,715

Median Sales Price: $340,000

Pending Sales: 263

New Listings: 232

Active Listings: 498

Months of Inventory: 1.5

If you live in Frisco area and would like a personalized Comparative Market Analysis (CMA) on your home delivered to your email in just a few minutes, then click the link below to take advantage of this offer.

What's My Home Worth?

Information provided by The Real Estate Center at Texas A&M