Dallas Area Residential Real Estate Report

Tuesday, July 5, 2016

How to Build a Fire Pit -- the Hottest New Addition to Your Yard

According to the American Society of Landscape Architects, fire pits are 2016's top outdoor design element

D-FW apartment building booms with more than 50000 units on the way

More apartments are under construction in D-FW than anyplace else in the country.

Action Before Interest Rates Rise?

The "when" related to interest rate increases has been the subject of debate for a while, but there is wide-spread agreement that rates will slide up. Whether that's slowly or quickly represents another debate.

Garland TX Residential Sales Report for May

Garland has the lowest inventory of any city in North Texas.

Single-Family:

Sales were up 8% as compared to a year ago. The average sales price rose 15% while the median sales price jumped 13%. Pending sales climbed 11%. The number of new listings increased by 5% but the active listings fell 37%. The months of inventory is at the unheard of number of 0.6 months. To say houses go quickly in Garland is an understatement.

Sales: 192

Average Sales Price: $192,978

Median Sales Price: $175,000

Pending Sales: 199

New Listings: 204

Active Listings: 103

Months of Inventory: 0.6

If you live in the Dallas 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, July 4, 2016

Happy Birthday America!!!

If you are not able to get out to a fireworks show, here is one for you.

Saturday, July 2, 2016

Off for the 4th

I'll be off for a long weekend celebrating the 4th with my family and friends. If you can not get to a fireworks show, check this blog on the 4th and I will have one for you to watch.

Be back blogging Tuesday morning!

Have a happy and safe 4th and to our service men and women overseas "God Bless You".

Marie

Friday, July 1, 2016

Where to See the Best Fireworks in Dallas This Fourth of July

Photo by Kelly DeLay via Flickr.

North Texans are not lacking for options when it comes to celebrating the Fourth of July. There are more than a dozen parades, festivals, hot dog-eating contests, cookouts, concerts, and other Uncle Sam-approved activities marking Independence Day throughout the Dallas area.

Firewheel Town Center presents Star Spangled Spectacular

Firewheel Town Center, in conjunction with the City of Garland, will celebrate our nation’s independence with a full afternoon of family fun during Star Spangled Spectacular.

Fair Park Fourth - Event

Photo by Justin L. Terveen

Celebrate America with a day of family fun in Fair Park at the City of Dallas' official Independence Day celebration, Fair Park Fourth.

McKinney Main Street presents Red, White and BOOM! Hometown Parade

Photo courtesy of Downtown McKinney

Red, White and BOOM! kicks off Independence Day with a parade and classic car, truck and cycle show in Historic Downtown McKinney.

Wylie TX Residential Sales Report for May

Sales dropped in May

Single-Family:

Sales dropped by 19% in May and pending sales fell 32%. Thus may be due to some delayed closings and the small inventory preventing buyer from finding a home to purchase. The average sale price increased 9% while the median sales price was up by 11%. The number of new listings just fell off a cliff down by 42%. The active listings also experienced a sharp decline of 18%. The months of inventory now stands at 1.2 months.

Sales: 92

Average Sales Price: $272,647

Median Sales Price: $261,900

Pending Sales: 77

New Listings: 92

Active Listings: 130

Months of Inventory: 1.2