Tuesday, December 4, 2018

Fortune 500 company to move headquarters from California to DFW

Fortune 500 company to move headquarters from California to DFW
Health care giant and Fortune 500 company McKesson Corp. announced Friday plans to move its global headquarters from San Francisco to Las Colinas.

Monday, December 3, 2018

U.S. Existing Home Sales Rebound More Than Expected In October

U.S. Existing Home Sales Rebound More Than Expected In October
After reporting six straight months of decreases, the National Association of Realtors released a report on Wednesday showing existing home sales in the U.S. rebounded by more than anticipated in the month October.

Frisco RoughRiders presents Winter Wonderland

Frisco RoughRiders presents Winter Wonderland
Photo courtesy of Frisco RoughRider
The festive evening will feature photos with Santa, holiday movies, Riders holiday train, craft stations and coloring outposts,  and hot chocolate 

PGA of America closing in on $500 million deal to move headquarters from Florida to Texas

PGA of America closing in on $500 million deal to move headquarters from Florida to Texas
The PGA of America has been working for several years on the complicated project, which will include two courses, one designed by Gil Hanse, a luxury hotel and an expansive practice area, including a nine-hole practice course. 

Sunday, December 2, 2018

Dallas Area Residential Sales Report for October - Plano TX

Dallas Area Residential Sales Report for October - Plano TX

Sales in Plano followed the trend and were down 13% in October compared to the same time last year. Pending sales fell 10%. November is not shaping up to be a positive sales month. The average sales price increased 16% while the median sales price climbed 9%. Looks like we have an abnormal distribution slanted to the higher price homes that caused those large increases. The number of new listings fell 4% while the active listings climbed 17%. The months of inventory now stands at 2.7 months. 

Sales: 243
Average Sales Price: $443,551
Median Sales Price: $366,000
Pending Sales:  241
New Listings: 323
Active Listings: 752
Months of Inventory: 2.7

Information provided by The Real Estate Center

Hot Home Decor Features That Won't Age Well: 4 Trends That Lack Staying Power

Hot Home Decor Features That Won't Age Well: 4 Trends That Lack Staying Power
But here's the thing about buzzy trends: They don't stay buzzy forever

D-FW homeowners won't see much home price growth next year

D-FW homeowners won't see much home price growth next year
The best way to prevent another housing bubble is to let a little air out of the market before things get too overvalued.

Saturday, December 1, 2018

Higher mortgage costs, prices hammer D-FW new home market

Higher mortgage costs, prices hammer D-FW new home market
Rising mortgage costs and years of steady home price hikes in North Texas have caused buyers to pull back from the new home market in recent months.

As the housing market stagnates, American homeowners are staying put for the longest stretches ever

As the housing market stagnates, American homeowners are staying put for the longest stretches ever
Many homeowners have ample equity in their homes, but hesitate to list those homes because they’re worried about finding a property to buy if they do sell.

More Borrowers Caught Lying About Income

More Borrowers Caught Lying About Income
The areas with the highest rate of mortgage fraud are New York, New Jersey, Florida, Washington, D.C., and New Mexico, according to CoreLogic.

6 Home Renovation Myths to Stop Believing Before You Botch Things Up

6 Home Renovation Myths to Stop Believing Before You Botch Things Up
Here are some home improvement myths you can stop believing right now. It's time to get real when it comes to what's really in store when you decide to embark on a little remodeling.

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