Renters are looking to leave New York, Chicago for Dallas.
Start spreading the news. They’re leaving today…for North Texas
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.
Friday, June 21, 2019
Real Estate Pros Say These Design Trends Don’t Work
Real Estate Pros Say These Design Trends Don’t Work
Some of today’s most popular design trends could prove to be less than ideal for your buyers.
Some of today’s most popular design trends could prove to be less than ideal for your buyers.
Texas Housing Insight
Texas Housing Insight
Waning affordability and the shortage of homes priced below $300,000 remained the biggest challenges facing the housing market.
Waning affordability and the shortage of homes priced below $300,000 remained the biggest challenges facing the housing market.
Inventory growth is now outpacing sales in buyer-friendly housing markets
Inventory growth is now outpacing sales in buyer-friendly housing markets
On average, sales have declined 5.5% year-over-year
Thursday, June 20, 2019
Firefly Run 5K/10K
Firefly Run 5K/10K
Photo courtesy of Yow Midia
The Firefly Run is a cool, eye-dazzling, illuminated nighttime 5K/10K race.
Reunion Tower presents Reunion Lawn Party
Reunion Tower presents Reunion Lawn Party
Hosted on the lawn of the iconic Reunion Tower, live music will be provided by DJ Sprinkles and Emerald City’s Party Machine Band with food trucks, lawn games, entertainment, and surprise guests
Hosted on the lawn of the iconic Reunion Tower, live music will be provided by DJ Sprinkles and Emerald City’s Party Machine Band with food trucks, lawn games, entertainment, and surprise guests
Dallas Cowboys presents Market at The Star
Dallas Cowboys presents Market at The Star
Photo courtesy of The Star
Market at The Star is a pop-up event that will feature a curated mix of fashion, jewelry, home décor and other unique lifestyle goods vendors.
Nasher Sculpture Center presents 'til Midnight
Nasher Sculpture Center presents 'til Midnight
Photo courtesy of the Nasher
'til Midnight at the Nasher presents live outdoor concerts in the Nasher Sculpture Center Garden. At each event, a variety of national and regional music talent perform followed by a film screening
Wednesday, June 19, 2019
Dallas Area Residential Sales Report for May - Plano TX
Dallas Area Residential Sales Report for May - Plano TX
Plano managed to eke out a 1% gain in home sales compared to last May. Pending sales fell 5%. not a good sign for June Sales. The average sales price rose 4% while the median sales price came in flat. New listings dropped 7%. Active listings increased 7% again as compared to last May. The months of inventory is half way to a balanced market at 3 months.
Sales: 376
Average Sales Price: $425,047
Median Sales Price: $369,950
Pending Sales: 381
New Listings: 545
Active Listings: 814
Months of Inventory: 3
Information provided by The Real Estate Center
Plano Neighborhoods - Trails of Glenwood
Plano Neighborhoods - Trails of Glenwood
If you would like to see the current listings and solds in this neighborhood CLICK HERE
Housing market sentiment hits a 5-year high: a good omen for sales?.
Housing market sentiment hits a 5-year high: a good omen for sales?.
Home sales have lagged expectations so far this year, but one indicator suggests the housing market may be set for a rebound.
Home sales have lagged expectations so far this year, but one indicator suggests the housing market may be set for a rebound.
Dallas-area home prices grew by less than 3 percent in April
Dallas-area home prices grew by less than 3 percent in April
Home sales in the area are down 1% from where they were at this time in 2018.
Home sales in the area are down 1% from where they were at this time in 2018.
Tuesday, June 18, 2019
Dallas Area Residential Sales Report for May - Garland TX
Dallas Area Residential Sales Report for May - Garland TX
Well buyers were out in full force in the Garland area in may. homes sales jumped 44% and pending sales rose 20%. the average sales price increased 1% while the median sales price climbed 2%. We saw a 5% rise in the number of new listings and the active listings were 35% higher than last May. The months of inventory remains very low at 1.7 months.
Sales: 233
Average Sales Price: $231,680
Median Sales Price: $219,900
Pending Sales: 223
New Listings: 252
Active Listings: 300
Months of Inventory: 1.7
Information provided by The Real Estate Center
Garland Tx Neighborhoods - Cypress Cove
Freddie Mac reports dip in long-term mortgage rates, says 30-year average hit ‘lowest level’ since 2017
Freddie Mac reports dip in long-term mortgage rates, says 30-year average hit ‘lowest level’ since 2017
The declining rates have reportedly also presented an advantage to those possibly buying real estate.
The declining rates have reportedly also presented an advantage to those possibly buying real estate.
What Should Your Real Estate Agent Do for You?
What Should Your Real Estate Agent Do for You?
If the personalities aren’t a good match, you should be able to find a better fit with someone else.
Monday, June 17, 2019
Richardson ready to redo its historic downtown district..
Richardson ready to redo its historic downtown district..
One of Dallas' first northern suburbs is launching a rebirth of its historic downtown district.
Fewer Homes Selling Above List Price
It could be a relief to home shoppers whose budgets have been squeezed in recent years as home prices have soared.
Richardson TX Neighborhoods - Lake Park Estates
Dallas Area Residential Sales Report for May - Richardson TX
Dallas Area Residential Sales Report for May - Richardson TX
Home sales were up a strong 8% in May as compared to last May. Pending sales were down 8%. That's not good for June sales. The average sales price took an 8% hit while the median sales price was flat. We are starting to see a number of price reduction. New listings climbed 13%. Active listings were 71% higher. This number is a little distorted because listings were so very low last May. A better indicator of available inventory is the months of inventory which now stands at 2.5 months. 6 months is considered a balanced market.
Sales: 127
Average Sale Price: $329,119
Median Sales Price: 317,500
Pending Sales: 117
New Listings: 170
Active Listings: 238
Months of Inventory: 2.5
Information provided by The Real Estate Center
Sunday, June 16, 2019
Should I Get My Loan Through a Mortgage Broker or Bank?
Should I Get My Loan Through a Mortgage Broker or Bank?
While a Realtor will be able to guide you through the home buying process they won’t be able to walk you through the financing process.
Are You Ready to Buy Your First Home?
Are You Ready to Buy Your First Home?
For the millennial generation, homeownership can still be intimidating. Here's what you should consider before making an offer.
For the millennial generation, homeownership can still be intimidating. Here's what you should consider before making an offer.
8 tips on mortgages for first-time home buyers, according to an expert
8 tips on mortgages for first-time home buyers, according to an expert
Buying a home might be the most important financial transaction you'll make in your life.
Buying a home might be the most important financial transaction you'll make in your life.
Saturday, June 15, 2019
Realtor View: Don’t buy into myths about home selling
Realtor View: Don’t buy into myths about home selling
Your friends and family aren’t trying to steer you wrong when they give you selling advice, but they may be perpetuating myths about successful techniques to sell houses.
Your friends and family aren’t trying to steer you wrong when they give you selling advice, but they may be perpetuating myths about successful techniques to sell houses.
7 Home Decor Trends to Avoid If You Hope to Sell Your Home
7 Home Decor Trends to Avoid If You Hope to Sell Your Home
There's a huge difference between decorating for your own pleasure and spiffying up your home to sell. If you're staying put and pining for a purple bathroom, go for it! The resale value of your eclectic tastes don't apply.
There's a huge difference between decorating for your own pleasure and spiffying up your home to sell. If you're staying put and pining for a purple bathroom, go for it! The resale value of your eclectic tastes don't apply.
7 Small Home Flaws That Can Be Big Deals for Buyers
7 Small Home Flaws That Can Be Big Deals for Buyers
After living in the same home for a while, it's amazing what you can get used to.
After living in the same home for a while, it's amazing what you can get used to.
Eight Must-Do's Before You List Your Home For Sale
Eight Must-Do's Before You List Your Home For Sale
You may think your home is already listing ready right now, but a real estate agent may not agree. These eight activities will help you put your best house forward.
You may think your home is already listing ready right now, but a real estate agent may not agree. These eight activities will help you put your best house forward.
Friday, June 14, 2019
Many U.S. Cities Tip Toward Buyers For the First Time In Years
Many U.S. Cities Tip Toward Buyers For the First Time In Years
Among the metropolitan areas that are becoming less competitive are Los Angeles, Dallas and Nashville
Dallas-Fort Worth shines as top ‘all-star’ in U.S. employment growth, report shows
Dallas-Fort Worth shines as top ‘all-star’ in U.S. employment growth, report shows
Since 2010, the Dallas region has added more than 130 new headquarters.
Since 2010, the Dallas region has added more than 130 new headquarters.
Mortgage rates hold at two-year lows, giving borrowers another shot at the action
Mortgage rates hold at two-year lows, giving borrowers another shot at the action
If you are thinking about buying a home, now may be the best time. Give me a call and let's find you a home that fits your lifestyle!
If you are thinking about buying a home, now may be the best time. Give me a call and let's find you a home that fits your lifestyle!
North Texas home sales bounced back in May
North Texas home sales bounced back in May
North Texas home sales gave their best showing of the year in May.
Thursday, June 13, 2019
Addison Circle Park presents Addison After Dark
Addison Circle Park presents Addison After Dark
Addison’s new series, Addison After Dark, brings a fresh perspective on themed entertainment in Addison Circle Park.
Photo courtesy of Addison Circle Park
Addison’s new series, Addison After Dark, brings a fresh perspective on themed entertainment in Addison Circle Park.
Castle Hills Spring Concert Series: George Strait Tribute
Castle Hills Spring Concert Series: George Strait Tribute
The Castle Hills Village Shops is transforming into “Every Little Honky Tonk Bar” for one night only with George Strait tribute artist Derek Spence and his band performing for the 2019 Castle Hills Concert Series.
Photo courtesy of Derek Spence
The Castle Hills Village Shops is transforming into “Every Little Honky Tonk Bar” for one night only with George Strait tribute artist Derek Spence and his band performing for the 2019 Castle Hills Concert Series.
Trinity Park Conservancy presents June Photography Walk Conservancy
Trinity Park Conservancy presents June Photography Walk Conservancy
The event aims to discover scenic photo opportunities along the Trinity River and will explore the Joppa Preserve and Trinity Forest Trail.
Photo courtesy of Trinity Park Conservancy
The event aims to discover scenic photo opportunities along the Trinity River and will explore the Joppa Preserve and Trinity Forest Trail.
Dallas Arboretum and Botanical Garden presents Father's Day Weekend
Dallas Arboretum and Botanical Garden presents Father's Day Weekend
Dallas Arboretum and Botanical Garden will celebrate Father’s Day at the garden all weekend with Classic Chassis Car Club Dallas displaying more than 20 classic cars. Plus concerts and a lot of other events.
Photo courtesy of Dallas Arboretum and Botanical Garden
Dallas Arboretum and Botanical Garden will celebrate Father’s Day at the garden all weekend with Classic Chassis Car Club Dallas displaying more than 20 classic cars. Plus concerts and a lot of other events.
Mockingbird Station Music Festival
Mockingbird Station Music Festival
The Mockingbird Music Festival featuring the best of Dallas-Fort Worth’s music scene, with local artists performing live each Friday in June and July.
Photo courtesy of Mockingbird Station
The Mockingbird Music Festival featuring the best of Dallas-Fort Worth’s music scene, with local artists performing live each Friday in June and July.
Wednesday, June 12, 2019
Dallas Area Residential Sales Report for May - Carrollton/Farmers Branch
Dallas Area Residential Sales Report for May - Carrollton/Farmers Branch
Sales were up 4% in the Carrollton/Farmers Branch area in May as compared to last May. The average sales price fell 5% while the median sales price rose 1%. Pending sales jumped 16% so it looks like June will be a positive sales month. The number of new listings increased 1%. Active listings declined 2%. Not any help if you are a buyer! The months of inventory fell to 1.8 months.
Sales: 196
Average Sales Price: $336,340
Median Sales Price: #315,000
Pending Sales: 222
New Listings: 275
Active Listings: 281
Months of Inventory: 1.8
Information provided by The Real Estate Center
Homebuyers, you could have saved $44,353 by shopping around for a mortgage last week
Homebuyers, you could have saved $44,353 by shopping around for a mortgage last week
If you are a buyer you really need to shop around for the best rates!
6 Curb Appeal Projects You Can Do With Your Kids
6 Curb Appeal Projects You Can Do With Your Kids
Get your kids outside and spark their creativity with these fun landscaping ideas.
Get your kids outside and spark their creativity with these fun landscaping ideas.
Tuesday, June 11, 2019
Dallas Area Residential Sales Report for May - Far North Dallas
Dallas Area Residential Sales Report for May - Far North Dallas
May was a good month for home sales in the North Dallas Area with sales up 5% and pending sales increasing 8%. The average sales price rose 1% but the median sales price fell 6%. Looks like there were some gyrations in the make up of the sales. New listings dropped 3%. Active listings came in 175 higher than last May. The months of inventory is now at 4.5 months.
Sales: 123
Average Sales Price: $552,577
Median Sales Price: #452,400
Pending Sales: 111
New Listings: 182
Active Listings: 368
Months of Inventory: 4.5
Information provided by The Real Estate Center
Far North Dallas Neighborhoods - Bonaventure Condos
Far North Dallas Neighborhoods - Bonaventure Condos
If you would like to see some of the current listings and solds in this complex CLICK HERE
10 Cheap a10 Cheap and Cheerful Ways to Update Your Kitchennd Cheerful Ways to Update Your Kitchen
10 Cheap and Cheerful Ways to Update Your Kitchen
These quick add-ons and clever refreshes will give your space the facelift it needs without spending a ton of money.
These quick add-ons and clever refreshes will give your space the facelift it needs without spending a ton of money.
Monday, June 10, 2019
Dallas Area Residential Sales Report for May
Dallas Area Residential Sales Report for May
May was a pretty good month for home sales in the Dallas area. Sales were up 6%. The average sales price and the median sales price were both up 3%. New listings came in up 4%. The number of active listings were 17% higher that last May. Months of inventory now stands at 3.1 months. With 6 months being considered as a balanced market we are only half way there.
The strong spot in the market continues to be the range between $200,000 to $399,999. This area of the market represents 54.4 percent of all sales. The range between $100,000 to $199,999 remains very tight with about a 1.5 month supply. Million plus properties are in a buyers market with a 12.2 months supply.
Sales: 11,302
Average Sales Price: $332,236
Median Sales Price: $275,000
Pending Sales: 11,569
New Listings: 15,306
Active Listings: 26,230
Months of Inventory: 3.1
Information provided by The Real Estate Center
DIY Flops: The Most Costly and Time-Consuming Projects People Attempt and Faile Most Costly and Time-Consuming Projects People Attempt and Fail
DIY Flops: The Most Costly and Time-Consuming Projects People Attempt and Fail
When DIY projects go wrong, they can waste your time and blow your budget out of the water.
When DIY projects go wrong, they can waste your time and blow your budget out of the water.
Sunday, June 9, 2019
The China trade war is leading to lower mortgage rates for American homebuyers
The China trade war is leading to lower mortgage rates for American homebuyers
Mortgage rates declined sharply this week
Those credit scores you see may not be what lenders use.
Those credit scores you see may not be what lenders use.
Consumers often see the biggest discrepancy in scores when they apply for a mortgage,
Consumers often see the biggest discrepancy in scores when they apply for a mortgage,
Millennials don't want to buy baby boomers' sprawling, multi-bedroom homes, and it's creating a major problem in the real-estate market
Millennials don't want to buy baby boomers' sprawling, multi-bedroom homes, and it's creating a major problem in the real-estate market
- The two generations also have different tastes in homes.
Saturday, June 8, 2019
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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.