A blog about residential real estate in the Dallas area including Far North Dallas, Richardson, , Plano, Allen, McKinney, Frisco, Prosper, Celina Carrollton-Farmers Branch, Garland, and Wylie.
Sunday, July 31, 2016
What your friends do on Facebook could directly affect the house you live in
What your friends do on Facebook could directly affect the house you live in
State Fair of Texas does early reveal on 2016 Big Tex Choice Awards
State Fair of Texas does early reveal on 2016 Big Tex Choice Awards
For the first time, the State Fair of Texas has pulled back the curtain early on its Big Tex Choice Awards
More first-time buyers skip starter home stage for bigger, better
More first-time buyers skip starter home stage for bigger, better
The concept of a “starter home” is quickly becoming a real estate relic
Saturday, July 30, 2016
Good Local Markets presents Vickery Meadow Market
Good Local Markets presents Vickery Meadow Market
Photo courtesy of Good Local Markets
Good Local Markets is a 501 (c)(3) tax exempt nonprofit organization which supports local farmers, ranchers and artisans by providing a public space to sell fruits, vegetables, cheese, meats, hand-crafted foods and other products
Wylie TX Residential Sales Report for June
Single-Family:
Well sales were down by 26% in June and pending sales fell 7%. It looks like some new construction was delayed combined with a shortage of supply causing these declines. The average sales price rose 14% while the median sales price was up by 17%. The number of new listings fell 37% while the active listings dropped 18%. The months of Inventory now stands at 1.3 months. 6 months is considered a balanced market.5
Sales: 95
Average Sales Price: $275,421
Median Sales Price: $265,500
Pending Sales: 96
New Listings: 95
Active Listings: 134
Months of Inventory: 1.3
Information provided by The Real Estate Center at Texas A&M
Well sales were down by 26% in June and pending sales fell 7%. It looks like some new construction was delayed combined with a shortage of supply causing these declines. The average sales price rose 14% while the median sales price was up by 17%. The number of new listings fell 37% while the active listings dropped 18%. The months of Inventory now stands at 1.3 months. 6 months is considered a balanced market.5
Sales: 95
Average Sales Price: $275,421
Median Sales Price: $265,500
Pending Sales: 96
New Listings: 95
Active Listings: 134
Months of Inventory: 1.3
Information provided by The Real Estate Center at Texas A&M
Friday, July 29, 2016
Addison Summer Series: Christmas in July Saturday
Addison Summer Series: Christmas in July Saturday
Addison invites you to attend its free Summer Series to enjoy photos with Santa on vacation, activities for the whole family, and more.
Garland TX Residential Sales Report for June
Single-Family:
Sales were flat in Garland for June: However. pending sales jumped a sharp 25% so it looks like just some sales were delayed. August should have a very good sales number. The average sales price was up 15% while the median sales price increased 17%. Prices continue to be pushes up due to the extreme shortage of homes for sale. New listings rose by 2% while the number of active listings fell by 26%. The months of inventory bell back to 0.8 months. It's really hard to find a home in Garland!
Sales: 204
Average Sales Price: $197,049
Median Sales Price: $179,450
Pending Sales: 216
New Listings: 227
Active Listings: 142
Months of Inventory: 0.8
Information provided by The Real Estate Center at Texas A&M
Sales were flat in Garland for June: However. pending sales jumped a sharp 25% so it looks like just some sales were delayed. August should have a very good sales number. The average sales price was up 15% while the median sales price increased 17%. Prices continue to be pushes up due to the extreme shortage of homes for sale. New listings rose by 2% while the number of active listings fell by 26%. The months of inventory bell back to 0.8 months. It's really hard to find a home in Garland!
Sales: 204
Average Sales Price: $197,049
Median Sales Price: $179,450
Pending Sales: 216
New Listings: 227
Active Listings: 142
Months of Inventory: 0.8
Information provided by The Real Estate Center at Texas A&M
Thursday, July 28, 2016
Little D Markets presents Commerce Street Night Market
Little D Markets presents Commerce Street Night Market
Commerce Street Night Market will feature a curated vendor marketplace, live music, workshops, and art installations on the last Friday of each month.
Reunion Lawn Party Saturday
Reunion Lawn Party Saturday
Texas Motor Speedway takes over the lawn for July, bringing games, giveaways, and special appearances. The party features live music from former Voice contestant Hannah Kirby and the jazzy crowd-pleaser, Tin Man Band.
Dallas Arboretum 2016 Garden Gigs: Ole G, Zach Nytomt, and David Tribble
Dallas Arboretum 2016 Garden Gigs: Ole G, Zach Nytomt, and David Tribble
Each Friday event features a curated selection of local artists and musicians performing intimate sets in picturesque settings throughout the 66-acre grounds.
Carrollton/Farmers Branch Residential Sales Report for June
Single-Family:
Sales were off by 19% for the month of June as compared to the same time last year. Sales were down because buyers can not find homes to purchase due to the extremely low inventory. The average sales price rose 4% and the median sales price was up by 9%. Pending sales increased 1%. The number of new listings dropped 14% and the active listings were flat. The months of inventory now stands at 1.3 month. The Carrollton/Farmers Branch area is in high demand and has one of the lowest supplies of home in the area.
Sales: 176
Average Sales Price: $293,222
Median Sales Price: $259,000
Pending Sales: 185
New Listings: 219
Active Listings: 201
Months of Inventory: 1.3
Information provided by The Real Estata Center at Texas A&M
Sales were off by 19% for the month of June as compared to the same time last year. Sales were down because buyers can not find homes to purchase due to the extremely low inventory. The average sales price rose 4% and the median sales price was up by 9%. Pending sales increased 1%. The number of new listings dropped 14% and the active listings were flat. The months of inventory now stands at 1.3 month. The Carrollton/Farmers Branch area is in high demand and has one of the lowest supplies of home in the area.
Sales: 176
Average Sales Price: $293,222
Median Sales Price: $259,000
Pending Sales: 185
New Listings: 219
Active Listings: 201
Months of Inventory: 1.3
Information provided by The Real Estata Center at Texas A&M
Wednesday, July 27, 2016
The Giving Table at Trinity Groves-Get a terrific meal and support the Dallas Police
The Giving Table at Trinity Groves
Dallas Police/Facebook
100 percent of the proceeds from The Giving Table will benefit the families of the DPD and DART officers as well as the Dallas Police Explorer Program,
A one-armed Australian robot can build a house four times quicker than a brickie.
Wonder what Bricklayers are going to do for a Job
Fastbrick Robotics, an ASX-listed company based in Perth, has created a robot brick layer, a form of 3D printing which can create the shell of a house without being touched by human hands.
Frisco TX Residential Sales Report for June
Sales were up 2% for June as compared to last year. The average sales price increased 3% while the median sales price rose 8%.Pending sales climbed 11%. New listings rose 9% but there was a huge jump of 43% in the number of active listings. This large increase pushed the months of inventory up to 2.5 months. While it's nice to see more inventory on the market, it's still very much a seller's market with inventory levels well below the 6 months that is considered a balanced supply/demand.
Sales: 461
Average Sales Price: $399,592
Median Sales Price: $371,000
Pending Sales: 407
New Listings: $573
Active Listings: 806
Months of Inventory: 2.5
Information provided by The Real Estate Center at Texas A&M.
Tuesday, July 26, 2016
Top Tips For Keeping Your Home Safe When You're On Vacation
Top Tips For Keeping Your Home Safe When You're On Vacation
There are some easy steps you can take to make your home look occupied while you're away and protect your property.
New home sales rise to near 8-1/2-year high in June
New home sales rise to near 8-1/2-year high in June
The housing market is gaining speed with a report last week showing home resales vaulted to near a 9-1/2-year high in June.
McKinney TX Residential Sales Report for June
The Sellers Market Continues
Single-Family:
Sales were up a strong 9% in June as compared to a year ago. The average sales price increased by 6% while the median sales price rose 8%. We contin with the supply ue to see sales concentrated in the upper price ranges. Pending sales took a huge jump of 33% so it looks like we will see a large jump in the July sales number. There was a large increase of 24% in the number of new listings and a 31% rise in the active listings. Theses increased causes the months of inventory to increase to 1.8 months and while this helps with supply the inventory levels are still way short of the 6 months that is considered a balanced supply.
Sales: 306
Average Sales Price: $326,185
Median Sales Price: $298,500
Pending Sales: 285
New Listings: 375
Active Listings: 417
Months of Inventory: 1.8
Information provided by The Real Estate Center at Texas A&M.
Monday, July 25, 2016
Home Sales Up as First-Time Buyers Re-Emerge
Home Sales Up as First-Time Buyers Re-Emerge
First-time buyers comprised 33 percent of the market last month, the highest level since July 2012 (34 percent at the time), NAR reports.
Sunday, July 24, 2016
Painting Tips and Tricks | DIY Home Painting Tips
Painting Tips and Tricks | DIY Home Painting Tips
A DIY painting job doesn’t have to equal crooked lines, besmirched floors, and ceramic sinks speckled with robin’s egg blue.
Texas home sales are really heating up in this category
Texas home sales are really heating up in this category
Texas buyers aren't just in the market for single-family homes:
Saturday, July 23, 2016
The Top 7 States for Job Growth
The Top 7 States for Job Growth
Job growth in an area has strongly been tied to a stronger housing market. So which states are expecting a boom in job growth?
Housing starts and permits grew in June
Housing starts and permits grew in June
Housing starts and building permits improved modestly in June, as the housing market continued a steady recovery.
Thursday, July 21, 2016
Conception Dallas Art Show
Conception Dallas Art Show
Photo courtesy of Conception Events LLC
The Conception Dallas Art Show is an evening of contemporary and fine art, live music by Tim Shewmake, Italian food from The Virgin Olive food truck, and craft beer.
Allen TX Residential Sales Report for June
Single-Family:
Sales were up by 8% in Allen during June. The average sales price increased 6% and the median sales price rose 5%. There was a large jump of 38% in the pending sales number. July is going to be another good month. New listings rose a strong 29% pushing the active listings up 16%. These increases pushed up the months of inventory to a whopping 1.8 months.
Sales: 181
Average Sales Price: 366,123
Median Sales Price: 328,950
Pending Sales: 183
New Listings: 200
Active Listings: 200
Months of Inventory: 1.8
Information provided by The Real Estate Center at Texas A&M
Sales were up by 8% in Allen during June. The average sales price increased 6% and the median sales price rose 5%. There was a large jump of 38% in the pending sales number. July is going to be another good month. New listings rose a strong 29% pushing the active listings up 16%. These increases pushed up the months of inventory to a whopping 1.8 months.
Sales: 181
Average Sales Price: 366,123
Median Sales Price: 328,950
Pending Sales: 183
New Listings: 200
Active Listings: 200
Months of Inventory: 1.8
Information provided by The Real Estate Center at Texas A&M
Wednesday, July 20, 2016
Texas Discovery Gardens presents Fascinating World of Butterflies
Texas Discovery Gardens presents Fascinating World of Butterflies
This is your chance to explore on a behind-the-scenes tour.
Plano TX Residential Sales Report for June
Single-Family:
Sales increased by 8% in June. The average sales price rose 13% while the median sales price climbed 10% as compared to last year. Pending sales were up by 11%. We did see a jump of 10% in the number of new listings and a 25% increase in the active listings. While its good to see more inventory coming on line, these increased only took the months of inventory to 2 months.
Sales: 414
Average Sales Price: 400,425
Median Sales Price: $342,000
Pending Sales: 366
New Listings: 522
Active Listings: 593
Months of Inventory: 2
Information provided by The Real Estate Center at Texas A&M
Sales increased by 8% in June. The average sales price rose 13% while the median sales price climbed 10% as compared to last year. Pending sales were up by 11%. We did see a jump of 10% in the number of new listings and a 25% increase in the active listings. While its good to see more inventory coming on line, these increased only took the months of inventory to 2 months.
Sales: 414
Average Sales Price: 400,425
Median Sales Price: $342,000
Pending Sales: 366
New Listings: 522
Active Listings: 593
Months of Inventory: 2
Information provided by The Real Estate Center at Texas A&M
Tuesday, July 19, 2016
Dallas CASA presents 2016 Parade of Playhouses
Dallas CASA presents 2016 Parade of Playhouses
Photo by Rosanne Lewis
All playhouses are available to win by raffle at the end of the event. All proceeds from the raffle benefit abused and neglected children served by Dallas CASA.
Lake Highlands/NE Dallas Residential Sales Report for June
Single-Family:
Sales were up 4% in June as compared to a year ago. The average sales price Jumped 20% while the median sales price rose 16%. A lot of that increase was several sales in the upper price ranges. Pending sales increased 25% so we can look to July as being a good month. The number of new listings fell 5% while the number of active listings increased by 3%. The months of inventory now stands at 2 months. 6 months is considered as a balanced supply/demand number.
Sales: 83
Average Sales Price: $412,818
Median Sales Price: $380,000
Pending Sales: 74
New Listings: 100
Active Listings: 136
Months of Inventory: 2
Information provided by The Real Estate Center at Texas A&M
Sales were up 4% in June as compared to a year ago. The average sales price Jumped 20% while the median sales price rose 16%. A lot of that increase was several sales in the upper price ranges. Pending sales increased 25% so we can look to July as being a good month. The number of new listings fell 5% while the number of active listings increased by 3%. The months of inventory now stands at 2 months. 6 months is considered as a balanced supply/demand number.
Sales: 83
Average Sales Price: $412,818
Median Sales Price: $380,000
Pending Sales: 74
New Listings: 100
Active Listings: 136
Months of Inventory: 2
Information provided by The Real Estate Center at Texas A&M
Monday, July 18, 2016
George W. Bush Presidential Center presents Bluebonnet Tours
George W. Bush Presidential Center presents Bluebonnet Tours
Photo courtesy of George W. Bush Presidential Center
Self-guided tours are free every day of the year, from sunrise to sunset.
Avoid these mistakes between loan approval and closing
Avoid these mistakes between loan approval and closing
You've been careful with your finances, saved for a downpayment, and finally received approval for a mortgage loan. It’s time to celebrate, right?
You've been careful with your finances, saved for a downpayment, and finally received approval for a mortgage loan. It’s time to celebrate, right?
Sunday, July 17, 2016
5 Front Yard Landscaping Tips That Will Wow Home Buyers
5 Front Yard Landscaping Tips That Will Wow Home Buyers
What areas should you focus on in your front yard? Where do you start? To help you break down the revitalization of your front yard, here are the steps you should take:
Saturday, July 16, 2016
Homeowners can reap benefits as mortgage rates near record lows
Homeowners can reap benefits as mortgage rates near record lows
When mortgage interest rates slide close to all-time lows do you sit on the fence?
Friday, July 15, 2016
Sun to Moon Gallery presents Scot Miller: Artists & Artisans of the Dallas Design District Opening Reception
Sun to Moon Gallery presents Scot Miller: Artists & Artisans of the Dallas Design District Opening Reception
Photo courtesy of Sun to Moon Gallery
Artists & Artisans of the Dallas Design Districtbuilds upon the Dallas focus of the summer exhibitions at Sun to Moon Gallery
D-FW new home sales up more than 20 percent|
D-FW new home sales up more than 20 percent|
It was the strongest quarter for new home sales in North Texas in almost nine years.
Thursday, July 14, 2016
2016 Asian Film Festival of Dallas Starts friday
2016 Asian Film Festival of Dallas - Event -CultureMap Dallas
Photo courtesy of Asian Film Festival of Dallas
The opening night film will be the world premiere of Samurai Hustle Returns, and the closing night film will be The Wailing. For a full list of screenings, go to the festival website.
Richardson TX Residential Sales Report for June
Sales remain strong!
Single-Family:
Richardson remains one of the hottest markets in the area. All tho sales were off by 1% in June it looks like a couple of sales were just delayed for some reason because pending sales jumped 18%. July should be another good month. The average sales price was up 10% and the median sale price rose 19%. The number of new listings increased by 1% while the active listings declines by 10%. The months of inventory is at 1 month.
Sales: 119
Average Sales Price: $285,284
Median Sales Price: $283, 750
Pending Sales: 105
New Listings: 139
Active Listings: 104
Months of Inventory: 1
Information provided by The Real Estate Center at Texas A&M
Wednesday, July 13, 2016
Your Guide To Choosing The Right Drapes
YOUR GUIDE TO CHOOSING THE RIGHT DRAPES
The Shade Store
Whether you're investing in drapes as your main window covering or simply looking to add a decorative element to frame out your windows, there are a few tips to getting it righ
Dallas Arboretum 2016 Garden Gigs:Friday
Dallas Arboretum 2016 Garden Gigs:Friday
Photo courtesy of Dallas Arboretum and Botanical Garden
Bask in the magic of live music at twilight with Garden Gigs, returning to the Dallas Arboretum for its second season this July.
Bastille Day Celebration in Dallas Arts District
Bastille Day Celebration in Dallas Arts District
Photo by Elliott Munoz
Bastille Day Celebration in the Downtown Dallas Arts District is the perfect occasion for you to don your best beret and join your friends for a little champagne and dancing in the streets.
Far North Dallas Residential Sales Report for June
Single-Family:
Sales were off by 2% in June as compared to the same time last years. The average sales price continued to rise and was up by 16% while the median sales price saw an increase of 11%. Pending sales fell by 11%. The number of new listings declined 7% but the active listings rose 6%. The months of inventory now stands at 2.3 months. With sales and pending sales both being down one might conclude that thing could be slowing down but it looks like just some short term gyrations to me.
Sales : 129
Average Sales Price: $482,438
Median Sales Price: $427,500
Pending Sales: 98
New Listings: 155
Active Listings: 215
Months of Inventory: 2.3
Information provided by The Real Estate Center at Texas A&M.
Sales were off by 2% in June as compared to the same time last years. The average sales price continued to rise and was up by 16% while the median sales price saw an increase of 11%. Pending sales fell by 11%. The number of new listings declined 7% but the active listings rose 6%. The months of inventory now stands at 2.3 months. With sales and pending sales both being down one might conclude that thing could be slowing down but it looks like just some short term gyrations to me.
Sales : 129
Average Sales Price: $482,438
Median Sales Price: $427,500
Pending Sales: 98
New Listings: 155
Active Listings: 215
Months of Inventory: 2.3
Information provided by The Real Estate Center at Texas A&M.
Tuesday, July 12, 2016
Foreign buyers flood US real estate, but buy cheaper homes
Foreign buyers flood US real estate, but buy cheaper homes
The appetite for U.S. real estate continues to flourish, but international buyers are shifting their sights from luxury to less-pricey properties.
Why Single Ladies Are Buying a Place of Their Own
Why Single Ladies Are Buying a Place of Their Own
Single women have been the second-largest homebuying group behind married couples since at least 1981,
Dallas Area Residential Sales Report for June
No let up in sales!
Single-Family:
No sign of any slowdown in Sales in June. Sales rose 7%. The average sales price was up 5% and the median sales price increased 8%. The most active price range continues to be $200,000 to $400,000. This range represents 43.5% of all the sales. Pending Sales jumped 20% so it looks like July will continue the trend. There was a small increase of 3% in the number of new listings and a 1% rise in the active listings. These increased really did nothing to the months of inventory which now stands at 2.4 months. If you are a buyer for anything below $400,000 it's really tough. If you are looking above $400,000 things are a little easier with more inventory available to you.
Sales: 10,857
Average Sales Price: $290,225
Median Sales Price: 237,500
Pending Sales: 10,471
New Listings: 12,987
Active Listings: 19,715
Months of Inventory: 2.4
Information provided by The Real Estate Center at Texas A&M.
Monday, July 11, 2016
How To Have The Coolest Home In The Neighborhood
How To Have The Coolest Home In The Neighborhood
It's the American way to always be looking for the next big thing.
5 Top Motivations for Selling
5 Top Motivations for Selling
Inventories of homes are tight nationwide. So what’s going to get home owners to finally sell?
Here's What Can Go Wrong When You Don't Have Homeowners Insurance
Here's What Can Go Wrong When You Don't Have Homeowners Insurance
If you don't have coverage? Well, it can get ugly out there. If you don't believe us, just check out these unfortunate situations -- and the hard-won lessons learned as a result.
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Renters are looking to leave New York, Chicago for Dallas.
Renters are looking to leave New York, Chicago for Dallas. Start spreading the news. They’re leaving today…for North Texas
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Renters are looking to leave New York, Chicago for Dallas. Start spreading the news. They’re leaving today…for North Texas
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Firefly Run 5K/10K Photo courtesy of Yow Midia The Firefly Run is a cool, eye-dazzling, illuminated nighttime 5K/10K race.