Tuesday, February 28, 2017

Carrollton/Farmers Branch Neighborhoods-Chapel Glen

Chapel Glen is a small Farmers Branch neighborhood located just north of LBJ Freeway

Carrollton/Farmers Branch Residential Sales Report for January

Sales continue to be positive

Sales rose 6% as compared to the same time last year. The average sales price increased 20% while the median sales price climber 17%. Sales remain concentrated in the upper price ranges due to an extream shortage of homes on the market under $200,000. As, of the writing of this report, there are 3 single-family listings in this area under $200,000. Pending sales fell 5%. Not reading anything into that at this time. The number of new listings fell 5% but the active listings increased by 10%. The months of inventory now stands at 0.8 months making it very difficult for buyers to find a home!

Sales: 94
Average Sales Price: $289,903
Median Sales Price: $256,000
Pending Sales: 151
New Listings: 148
Active Listings: 137
Months of Inventory: 0.8

Information provided by The Real Estate Center

Monday, February 27, 2017

Homeowners and appraisers disagree on value of homes

Gap widens between opinions

D-FW near the top of February's hot home market list

Homebuyers take note, this year is shaping up to be even more of a seller's market than last year.

Pending Homes Sales Fall in January

Contract Signings Would Be Higher If…

Good luck finding a less-than-luxury home

Budget-conscious house-hunters are facing a dilemma beyond higher mortgage rates.

Sunday, February 26, 2017

North Texas residents are spending more of their income on homes

Rising home prices in North Texas are hammering home affordability.

Saturday, February 25, 2017

POP OF COLOR: BRING YOUR LIVING SPACE TO LIFE

If the interior designer in you is looking for inspiration, here are a few of our favorite homes that aren’t afraid to use a daring palette.

Would You Cook in One of These Wacky Kitchens?

UpToDesign

We're back to scrounging up the wacky and wonderful here on Housecall. In this edition, let's look at some of the craziest kitchens around.

Get ready for carmageddon as D-FW's big new developments open this year

Every year, up to 80,000 people move to North Texas. Unfortunately for all of us, they usually bring their cars.

Friday, February 24, 2017

Brand New Colorful Bathrooms That Look Vintage or Retro

Lately I've been noticing a beautiful and intriguing new trend for the bathroom: new bathrooms designed to look like old bathrooms.

Is This the New Normal for Homeownership?

Despite housing market improvements, the homeownership rate continues to drop

US housing starts fall; permits rise to one-year high -

Builders anticipated a slowdown in buyer traffic and continued to grapple with shortages of developed lots and skilled labor.

Thursday, February 23, 2017

Be the Difference Foundation presents Wheel to Survive Dallas

Photo by Alan Abair Photography

Wheel to Survive is an uplifting, inspirational indoor cycling fundraiser to benefit programs for women currently battling ovarian cancer and to provide research dollars for a cure.

Frisco TX Neighborhoods-Meadow Hills Estates

Meadow Hill Estates features a spectacular pond with lighted fountains and a private amenity center for residents

Frisco TX Residential Sales Report for January

Frisco bucked the trend!

Don't know what happened in Frisco but sales fell 3% in January and pending sales also declined by 5%. The average sales price jumped up 16% while the median sales price increased 8%. Sales continue to be in the upper price ranges. The number of new listings fell 8% but the active listings rose 23%. The months of inventory increased to 1.8 months. Still very short of the 6 months normally considered a balanced market.

Sales: 195

Average Sales Price: $434,539

Median Sales Price: $359,500

Pending Sales: 255

New Listings: 329

Active Listings: 576

Months of Inventory: 1.8

Information provided by The Real Estate Center

Wednesday, February 22, 2017

It' Time for Dallas Blooms!

Photo Courtesy of Dallas Arboretum

Dallas Blooms, the largest floral festival in the Southwest with “Peace, Love and Flower Power.”

McKinney TX Neighborhoods-Creek Hollow

The neighborhood of Creek Hollow can be found in north McKinney, Texas. The majority of homes in this community are traditional style single-family homes.

US existing home sales hit 10-year high in January -

Demand for housing is being underpinned by a strengthening labor market,

McKinney TX Residential Sales Report for January

McKinney is still trucking along!

Sales were up 3% in McKinney as compared to January of last year. The average sales price rose 13%while the median sales price climber 8%. Pending sales were strong coming in at up 12%. Looks like next months will have good sales numbers. The new listings increased 2%. there was a lager jump of up 21% in the number of active listings. not sure what caused that. The months of inventory now stands at 1.6 months. not a great supply!

Sales: 159

Average Sales Price: $336,553

Median Sales Price: $304,900

Pending Sales: 202

New Listings: 364

Months of Inventory: 1.6

Information provided by The Real Estate Center

Tuesday, February 21, 2017

American Lung Association presents 2017 Fight for Air Climb - Dallas

Photo courtesy of American Lung Association

The Fight for Air Climb is one of the signature fundraising events of the American Lung Association.

Allen Neighborhoods-Fall Creek

Fall Creek is a small subdivision located in North Allen.

Allen TX Residential Sales Report for January

No slowdown in Allen

Sales were up 19% in the Allen area in January as compared to the same time last year. The average sales price rose 7% while the median sales price increases 15%. These averages continue to be pulled up by sales concentrated in the upper price ranges. Pending sales were up a healthy 12% so we can anticipate that febuary sales will be positive. The number of new listings fell 7% and the active listings declined 4%. These declines dropped the months of inventory to 1 month. If the spring season does not bring on morwe sellers, it's going to be very hard on buyers.

Sales: 88

Average Sales Price: $347,100

Median Sales Price: $315,000

Pending sales: 108

New Listings: 88

Active Listings: 129

Months of inventory: 1

Information provided by The Real Estate Center

Monday, February 20, 2017

Hot Bedroom Trends To Try For 2017

Domain

Look to these bedroom trends for 2017 to get you the sumptuous bedroom space you deserve.

Delinquencies among first-time and lower-income homebuyers just spiked, spelling trouble -

A troublesome signal just appeared in the housing market and could put taxpayers at risk.

No sign of a property glut in D-FW, but it's worth watching...

Keep one eye on construction and the other on jobs

Sunday, February 19, 2017

Are Your Social Media Habits Leading Burglars Straight to Your Home?

One study found that nearly 80% of burglars use social media to plan their heists.

The Misleading Math Behind the Rent vs. Buy Calculation

Owning a home is a key reason why the median net worth of a homeowner is almost $200,000 while the median net worth of a renting household is just over $5,000.

Saturday, February 18, 2017

9 Gorgeous Ways To Use Today's Hottest Backsplash Material

Goodbye, subway tiles. Hello, fish scales

Think buying a DFW home is expensive? It's only going up from here

If you're waiting to buy a home until the next real estate crash, experts say that's not wise.

Friday, February 17, 2017

The Number One Design Style for 2017 Is

You will just have to click on the link to find out

Plano Neighborhoods-Highlands of Russell Creek

Check out this neighborhood

Plano TX Residential Sales Report for January

Sales fell 16% as compared to the same time last year. Not sure why this was. Pending sales were up 5%. The average sales price jumped 16% as did the median sales price. The number of new listings showed a nice increase of 16% while the active listings climbed 25%. While it's good for buyers to see more homes on the market, these increases only took the months of inventory to 1.3 months.

With 6 months a normal supply we are still very much in a sellers market.

Sales: 176

Average Sales Price: $380,759

Median Sales Price: 333,000

Pending Sales: 286

New Listings: 314

Active Listings: 378

Months of Inventory: 1.3

Information provided by The Real Estate Center

Thursday, February 16, 2017

Late Nights at the Dallas Museum of Art

Lights, camera, action, art! Go on a cinematic journey through our collection as we explore the connection between art and film.

Lake Highlands/NE Dallas Neighborhoods

Country Forest-Jackson Meadows

"Custom Homes and Trees in the City". That was the slogan developers in the late 70s used to describe a small jewel a of neighborhood called Country Forest/Jackson Meadows and it still rings true today

Lake Highlands/NE Dallas Residential Sales Report for January

Sales were up 6% as compared to last January. The average sales price increased 11%. The median sales price rose 5%. If you are looking for a home under $200,000, you might want to look in another area. As of this report there are only 2 listings in this area under $200,000. Pending sales fell 27%. As in other areas buyers are having a very hard time finding a property to buy due to the short inventory. The number of new listing dropped a whopping 35% causing a decline of 2% in the active listings. The months of inventory is 1.4 months.

Sales: 38
Average Sales Price: $354,585
Median Sales Price: $320,000
Pending Sales: 57
New Listings: 58
Active Listings: 91
Months of Inventory: 1.4

Information provided by The Real Estate Center

Wednesday, February 15, 2017

See how much the average house costs in your D-FW neighborhood

Not all neighborhoods saw a rise in homebuying activity.

Richardson Neighborhoods-Duck Creek

Duck Creek comprises approximately 1,450 homes in total and is bordered by Arapaho Road on the North, Plano Road on the West, Beltline Road on the South, and Jupiter Road on the East.

Richardson TX Residential Sales Report for January

Cottonwood Park

Sales rose 4% in January. The average sales price climbed 28% while the median sales price jumped 30%. Pending sales fell 16%. The decline in pending sales is strictly due to the extremely low inventory. Buyers just can not find a home to purchase. The number of new listings did increase by 9% but the active inventory fell by 25%. The months of inventory now stands at 0.6 months. with 6 months normally considered a balanced market, it is easy to see how much this market is tilted to the Seller side.

Sales: 54

Average Sales Price: $290,665

Median Sales Price: $256,000

Pending Sales: 69

New Listings: 86

Active Listings: 61

Months of Inventory: 0.6

Information provided by The Real Estate Center

Tuesday, February 14, 2017

Far North Dallas Neighborhoods-Midway Meadows

Midway Meadows is a community of 223 residences, located at Midway Road between Frankford Road and the President George Bush Turnpike in Far North Dallas, Texas

Far North Dallas Residential Sales Report for January

Sales increased 26% in January as compared to the same time last year. The average sales price dropped 4% but the median sales price increased 3%. Looks like just gyration in the makeup of the sales. Pending sales were up 15% so we can anticipated that February sales will show an increase. The number of new listings fell 11% and the active listings dropped 22%. The months of inventory now stands at 1.5 months. With supply continuing to shrink prices can not do anything but go up.

Sales: 67
Average Sales Price: $442,105
Median Sales Price: $386,560
Pending Sales: 83
New Listings: 89
Active Listings: 137
Months of Inventory: 1.5

Information provided by The Real Estate Center

Monday, February 13, 2017

What is the Worst Day for Home Buying?

Spring is typically the hottest real estate market everywhere in the country.

Dallas heads list of 'mismatched' home markets in the U.S.

It leaves Americans who are in the market for a home increasingly chasing too fewer options in lower price ranges

Sunday, February 12, 2017

How Landscaping Increases Your Home's Value

Will that might be a little much but,

after spending hundreds to thousands of dollars on landscaping, how do you know if you'll recoup your investment?

The Best Time to Buy Everything for Your Home, From Linens to TV

Here’s your month-by-month guide on what to buy when you want to save big.

Trend spotting: How to get the 'farmhouse modern' look

Reclaimed wood walls in a master bedroom capture modern farm style. (Anthony Gomez)

For a lot of people, this style is evocative of Americana, and it appeals to that yearning for simpler times, when things weren’t so hurried and busy

Saturday, February 11, 2017

7 Surprisingly Genius Lighting Tricks to Brighten a Dark Home

Photo by WAC Lighting

Do you live in a dark, sad home where light goes to die? Are you filled with dread as the days suddenly get shorter (thanks loads, Daylight Savings Time!) knowing full well you’ll return home to a gloomy abode? Are you convinced that your house was modeled after the dark corridors of Castle Black?

What Is a Bedroom? Make Sure You Know the Legal Requirements

Does anyone who is not from the other side of the galaxy really need to ask, "What is a bedroom?" Actually, yes. Welcome to the nuances of real estate speak, where not everything is as it seems.

What Kitchen Countertop is Right for You?

Considering a kitchen remodel? Not all countertops are created equally.

Friday, February 10, 2017

7 Massive Mistakes People Make When They Move

So no matter your reason for relocating, beware these top mistakes people make. Check out this list, and brace yourself for some tough decisions.