Housing inventory is rising and it may signal the start of a buyer's market
However, it's important to note that the supply shortage appears to be easing only among higher-end homes nationally. In July, the inventory of homes worth less than $200,000 was down 15.6 percent nationally compared with a year ago
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, September 30, 2018
These Dallas-Fort Worth suburbs shine among the most family-friendly cities in Texas
These Dallas-Fort Worth suburbs shine among the most family-friendly cities in Texas
DFW cities consistently scored high marks in the family life and fun category, and earned accolades for education, health, and safety. Relatively low cost of living in the suburbs, plus the close proximity to entertainment options, helped North Texas towns shine.
DFW cities consistently scored high marks in the family life and fun category, and earned accolades for education, health, and safety. Relatively low cost of living in the suburbs, plus the close proximity to entertainment options, helped North Texas towns shine.
6 Gorgeous Kitchen Countertops Ranked by Durability
6 Gorgeous Kitchen Countertops Ranked by Durability
Want a hardworking countertop that fits your budget?
Saturday, September 29, 2018
White Kitchen Fatigue?
White Kitchen Fatigue?
Are homeowners growing tired of the all-white kitchen? Some design experts believe so.
Are homeowners growing tired of the all-white kitchen? Some design experts believe so.
11 Things You Should Never Ever Do at an Open House
11 Things You Should Never Ever Do at an Open House
Keep yourself from self-sabotaging your chance at that dream home by avoiding these 11 open-house behaviors scream that "Trouble!" to realtors.
Keep yourself from self-sabotaging your chance at that dream home by avoiding these 11 open-house behaviors scream that "Trouble!" to realtors.
If You Are A First-Time Home Buyer, Look For These Traits In A Real Estate Agent
If You Are A First-Time Home Buyer, Look For These Traits In A Real Estate Agent
Buying a home for the first time is a remarkably scary, involved process. Buyers face a variety of paperwork, fees and inspection issues, as well as general confusion about what needs to be done and what comes next. Real estate agents help ease the process
Buying a home for the first time is a remarkably scary, involved process. Buyers face a variety of paperwork, fees and inspection issues, as well as general confusion about what needs to be done and what comes next. Real estate agents help ease the process
Friday, September 28, 2018
2018 State Fair of Texas Concert Schedule
2018 State Fair of Texas Concert Schedule
Free weekend concerts will include Morris Day & The Time, Aaron Watson, Ludacris, Casting Crowns, and more. Go here for a full concert schedule
Free weekend concerts will include Morris Day & The Time, Aaron Watson, Ludacris, Casting Crowns, and more. Go here for a full concert schedule
Home Prices Are Decelerating But Not Falling
Home Prices Are Decelerating But Not Falling
Home prices aren't falling, they just aren't increasing as fast anymore—that is, home prices are decelerating.
Home prices aren't falling, they just aren't increasing as fast anymore—that is, home prices are decelerating.
Dallas Area Residential Sales Report for August - Frisco TX
Dallas Area Residential Sales Report for August - Frisco TX
As was the case in most of the Northern Dallas Suburbs, sales were down in Frisco by 9%. Pending sales came in off 18% so September is not shaping up to be a positive months. The average sales price climbed 2% and the median sales price rose 6%. The number of new listings declined 15%. not good if you are a buyer. The number of new listings actually rose 10% as compared to last August. The months of inventory now stands at 3.8 months. this is the highest number in a very long time and we are moving closer to what is considered a balanced, market.
Sales: 360
Average Sales Price: $452,459
Median Sales Price: $412,500
Pending Sales: 247
New Listings: 415
Active Listings: 1,191
Months of Inventory: 3.8
Information provided by The Real Estate Center
Thursday, September 27, 2018
2018 State Fair of Texas
2018 State Fair of Texas
The 24-day, four-weekend extravaganza that is the State Fair of Texas is back.
The 24-day, four-weekend extravaganza that is the State Fair of Texas is back.
McKinney Octoberfest
McKinney Octoberfest
Now celebrating its tenth year, McKinney Oktoberfest draws close to 50,000 attendees and attracts visitors from all over north Texas.
Now celebrating its tenth year, McKinney Oktoberfest draws close to 50,000 attendees and attracts visitors from all over north Texas.
City of Garland presents Garland Guzzler 0.5K Race
City of Garland presents Garland Guzzler 0.5K Race
The City of Garland will host its inaugural Garland Guzzler 0.5K Race.
Photo courtesy of Garland Guzzler 0.5K Race
The City of Garland will host its inaugural Garland Guzzler 0.5K Race.
The Lupus Research Alliance Dallas presents Walk with Us to Cure Lupus
The Lupus Research Alliance Dallas presents Walk with Us to Cure Lupus
Photo courtesy of Dallas Lupus Research Alliance
Every dollar raised through the Lupus Research Alliance Walk with Us to Cure Lupus goes directly to support lupus research programs.
Crape Myrtle Run & Festival
Crape Myrtle Run & Festival
Photo courtesy of Crape Myrtle Trails of McKinney Foundation
Presented by Crape Myrtle Trails of McKinney Foundation, the event will feature a timed and USATF-trail certified 10K, 5K, with timed 1-Mile Fun Run and Free Family Festival.
Wednesday, September 26, 2018
Coming to McKinney soon: Sleek 3 and 4-bedroom houses made out of shipping containers..
Coming to McKinney soon: Sleek 3 and 4-bedroom houses made out of shipping containers..
Habitat for Humanity/
A new neighborhood on the way in Collin County won't be a standard suburban tract home community.
Dallas Area Residential Sales Report for August - McKinney TX
Dallas Area Residential Sales Report for August - McKinney TX
McKinney fared better than most of the Northern Dallas suburbs in august. Sales were only down 1%! The pending sales number was not as good off 11%. The average sales price rose 4% while the median sales price climbed 5%. The number of new listings fell 4% but the active listings increased 22% as compared to last August. The months of inventory rose to 3.7 months. We are getting closer to a balanced market.
Sales: 300
Average Sales Price: $358,887
Median Sales Price: $334,950
Pending Sales: 247
New Listings: 359
Active Listings: 936
Months of Inventory: 3.7
Information provided by The Real Estate Center
Tuesday, September 25, 2018
Dallas Area Residential Sales Report for August - Allen, TX
Dallas Area Residential Sales Report for August - Allen, TX
Sales were down hard in Allen during August. Off 24%. Pending sales weren't much better down 16%. September is not looking positive. The average sales price did increase by 6% but the median sales price was flat. The number of new listings fell 3%. Active listings were 30% higher than last August. The months of inventory moved up to 3.6 months.
Sales:122
Average Sales Price: $391,402
Median Sales Price: $339,500
Pending Sales: 109
New Listings: 166
Active Listings: 397
Months of Inventory: 3.6
Information provided by The Real Estate Center
Monday, September 24, 2018
You’ll Want to Steal These Amazing DIY Ideas for Your Front Yard
You’ll Want to Steal These Amazing DIY Ideas for Your Front Yard
Landscaping done right can put as much as $4 in your pocket for every $1 you spend, according to the “Remodeling Impact Report” from the National Association of REALTORS®. So what are you waiting for?
Are Frisco, McKinney and Allen the country's best real estate markets?...
Are Frisco, McKinney and Allen the country's best real estate markets?...
Three North Texas cities top a new list of the country's best real estate markets.
Three North Texas cities top a new list of the country's best real estate markets.
Sunday, September 23, 2018
Home Searches Are Stretching on Longer
Home Searches Are Stretching on Longer
House hunters who are actively seeking a home to buy are spending significant amounts of time looking for that perfect space
House hunters who are actively seeking a home to buy are spending significant amounts of time looking for that perfect space
Condo Buyers Could Get Fast, Automated Appraisals
Condo Buyers Could Get Fast, Automated Appraisals
Borrowers could save about $500 on appraisal fees and potentially close seven to 10 days faster, Freddie Mac notes.
Should You Demand That Your Agent Hold an Open House?
Should You Demand That Your Agent Hold an Open House?
It's not unthinkable to make a sale at an open house, but it is unlikely. The reasoning has to do with the people who go to an open house
It's not unthinkable to make a sale at an open house, but it is unlikely. The reasoning has to do with the people who go to an open house
Saturday, September 22, 2018
Over 5 million renters have lost money in rental scams
Over 5 million renters have lost money in rental scams
Nearly half of young renters say they have encountered fraudulent listings.
If you are in the Dallas Area and want to avoid scams do your searches on ebby.com
If you are in the Dallas Area and want to avoid scams do your searches on ebby.com
What Is the Cost of Home Appraisal and What Should I Know?
What Is the Cost of Home Appraisal and What Should I Know?
Home appraisal costs depend on a variety of factors
6 Ways To Create A More Serene Stress-Free Home
6 Ways To Create A More Serene Stress-Free Home
Your home is supposed to be your haven, the place where you can relax and wash away the stresses of the day. Apply a few tips to make your home the serene spot it should be.
Your home is supposed to be your haven, the place where you can relax and wash away the stresses of the day. Apply a few tips to make your home the serene spot it should be.
U.S. Needs 7.3 Million More Homes
U.S. Needs 7.3 Million More Homes
Housing construction has not kept pace with population growth in the U.S. for more than a decade
Housing construction has not kept pace with population growth in the U.S. for more than a decade
Friday, September 21, 2018
This week in Amazon-o-mania: It was all about Bezos and Washington D.C. or was it?...
This week in Amazon-o-mania: It was all about Bezos and Washington D.C. or was it?...
Amazon HQ2 speculation in week 53 was dominated by Jeff Bezos' appearance at the Economic Club of Washington, D.C. on Thursday.
Amazon HQ2 speculation in week 53 was dominated by Jeff Bezos' appearance at the Economic Club of Washington, D.C. on Thursday.
Dallas Arboretum and Botanical Garden presents Autumn at the Arboretum
Dallas Arboretum and Botanical Garden presents Autumn at the Arboretum
The event includes the nationally-acclaimed Pumpkin Village featuring pumpkin houses and creative displays incorporating more than 90,000 pumpkins, gourds, squash, cornstalks, and a hay bale maze.
The event includes the nationally-acclaimed Pumpkin Village featuring pumpkin houses and creative displays incorporating more than 90,000 pumpkins, gourds, squash, cornstalks, and a hay bale maze.
Existing home sales unchanged in August -
Existing home sales unchanged in August -
U.S. home sales flatlined in August but inventory increased for the first time in three years as the housing market continued to struggle despite strength across the broader economy.
U.S. home sales flatlined in August but inventory increased for the first time in three years as the housing market continued to struggle despite strength across the broader economy.
Dallas Area Residential Sales Report for August - Plano TX
Dallas Area Residential Sales Report for August - Plano TX
Plano Sales took a hit in august as compared to last year at this time. Sales fell 16%. Pending sales were better only down 4%. The average sales price rose 9% while the median sales price climbed 3%.
New Listings actually fell 2% but the active listings rose 20%. again compared to last August. The months of inventory increased to 2.9 months. We are still well short of the 6 months considered a balanced market.
Sales: 305
Average Sales Price: $414,259
Median Sales Price: $355,000
Pending Sales: 311
New Listings: 405
Active Listings: 835
Months of Inventory: 2.9
Information provided by The Real Estate Center
Thursday, September 20, 2018
Movie Night at The Star: Friday Night Lights
Movie Night at The Star: Friday Night Lights
Photo courtesy of The Star
Guests can have their photo taken with Dallas Cowboys mascot, Rowdy and Dallas Cowboys Cheerleaders, win a free pair of sunglasses, participate in vision screenings, and watch a screening of Friday Night Lights.
Trinity River Kite Festival
Trinity River Kite Festival
The City of Dallas celebrates the beauty of its wide open spaces with the Trinity River Kite Festival.
The City of Dallas celebrates the beauty of its wide open spaces with the Trinity River Kite Festival.
Pat & Emmitt Smith Charities present Emmitt Smith Gran Fondo
Pat & Emmitt Smith Charities present Emmitt Smith Gran Fondo
The Gran Fondo courses are designed to accommodate the most avid of cyclists to the casual weekend rider.
Photo by Marcy Meeks
Plano Balloon Festival
Plano Balloon Festival
The event will feature a balloon glow presented by the City of Plano, an action packed weekend of skydivers, hot air balloons, concerts, a huge kid’s fun zone, merchandise vendors, corporate exhibitors and variety of foods.
The event will feature a balloon glow presented by the City of Plano, an action packed weekend of skydivers, hot air balloons, concerts, a huge kid’s fun zone, merchandise vendors, corporate exhibitors and variety of foods.
Wednesday, September 19, 2018
Homeowners are sitting on $6 trillion in available cash, but they're not tapping it
Homeowners are sitting on $6 trillion in available cash, but they're not tapping it
As prices continue to rise, so too does the amount of home equity available for homeowners to tap; and it has now reached a record sum.
As prices continue to rise, so too does the amount of home equity available for homeowners to tap; and it has now reached a record sum.
Dallas Area Residential Sales Report for August - Lake Highlands/NE Dallas
Dallas Area Residential Sales Report for August - Lake Highlands/NE Dallas
Sales were only off by 5% in August as compared to last August. Pending sales however dropped 15%. This does not bode well for September sales. The average sales price rose 12% as did the median sales price. It looks like most of the sales were concentrated in the upper price ranges. The number of new listings declined 6% and the active listings were flat. Not really helpful if you are a buyer. The months of inventory increases slightly to 2.5 months. This is still very tilted to the sellers side.
Sales: 70
Average Sales Price: $433,839
Median Sales Price: $403,500
Pending Sales: 61
New Listings: 82
Active Listings: 155
Months of Inventory: 2.5
Information provided by The Real Estate Center
Tuesday, September 18, 2018
Should I Replace My Roof? Here Are 21 Things to Consider
Should I Replace My Roof? Here Are 21 Things to Consider
Knowing what to look for is the first step in determining whether it’s time to replace your roof.
Knowing what to look for is the first step in determining whether it’s time to replace your roof.
North Texas home sales dipped in August...
North Texas home sales dipped in August...
In June, July and August — traditionally the hottest month for home sales — real estate agents sold slightly fewer houses than they did in summer 2017
In June, July and August — traditionally the hottest month for home sales — real estate agents sold slightly fewer houses than they did in summer 2017
Monday, September 17, 2018
Richardson. TX Neighborhoods - Marlborough Square
Richardson. TX Neighborhoods - Marlborough Square
If you would like to see the current listings and solds in this neighborhood CLICK HERE
If you would like to see the current listings and solds in this neighborhood CLICK HERE
Dallas Area Residential Sales Report for August - Richardson, TX
Dallas Area Residential Sales Report for August - Richardson, TX
Sales slowed in Richardson during august as compared to the same time last year. Down 11%. Pending sales also declined falling 10%. Not good for September sales numbers. The average sales price was up by 1% as was the median sales price. Think you could call that just about flat. The number of new listings increased 3%. The active listings took a 28% jump. But to put this in perspective, the months of inventory only increased to 2.2 months. This is well short of the 6 months considered a balanced market. There are still buyers out there, but the house better be priced correctly!
Sales: 111
Average Sales Price: $315,725
Median Sales Price: $290,000
Pending Sales: 97
New Listings: 163
Active Listings: 208
Months of Inventory: 2.2
Information provided by The Real Estate Center
Sunday, September 16, 2018
When a smart home becomes a trap
When a smart home becomes a trap
There’s tremendous potential for abuse. And abusers have taken note.
There’s tremendous potential for abuse. And abusers have taken note.
The Mystery of Amazon HQ2 Has Finalists Seeing Clues Everywhere
The Mystery of Amazon HQ2 Has Finalists Seeing Clues Everywhere
Amazon announced its plans for a second headquarters a year ago on Friday. People in the 20 finalist cities are looking for any sign of a winner.
Amazon announced its plans for a second headquarters a year ago on Friday. People in the 20 finalist cities are looking for any sign of a winner.
The Worst Mistake You Can Make Before Selling Your Home
The Worst Mistake You Can Make Before Selling Your Home
You have to ask yourself: Is it likely to do more harm than good
You have to ask yourself: Is it likely to do more harm than good
Saturday, September 15, 2018
Would you use an online mortgage broker?
Would you use an online mortgage broker?
Increasing numbers of people are turning to the web to find and apply for a mortgage – but how does this work, and what are the pros and cons of taking financial advice from a robot?
Increasing numbers of people are turning to the web to find and apply for a mortgage – but how does this work, and what are the pros and cons of taking financial advice from a robot?
The Colors That Help (and Hurt) Your Home's Selling Potential
The Colors That Help (and Hurt) Your Home's Selling Potential
If you’re ever planning to sell your home, you should know how your color choices now will affect a buyer’s view of your home later.
If you’re ever planning to sell your home, you should know how your color choices now will affect a buyer’s view of your home later.
Are Home Prices Peaking?
Are Home Prices Peaking?
Nationally, the U.S. real estate market may not be peaking—but it’s looking like some of the hottest markets are certainly losing their upward price momentum.
Nationally, the U.S. real estate market may not be peaking—but it’s looking like some of the hottest markets are certainly losing their upward price momentum.
Missing from D-FW: More than 120,000 homes
Missing from D-FW: More than 120,000 homes
A lack of construction during the Great Recession and slow recovery of the North Texas homebuilding market has left the area with a deficit of housing.
A lack of construction during the Great Recession and slow recovery of the North Texas homebuilding market has left the area with a deficit of housing.
Friday, September 14, 2018
Good Local Markets
Good Local Markets
Every Good Local Markets vendor grows or makes what they sell with no distribution. Vendors offer produce, artisanal foods and handcrafted goods, all grown or made within 150 miles of Dallas.
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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.