Dire D-FW home market expectations are probably overdone

Dire D-FW home market expectations are probably overdone

Rumors about the demise of the local home market are probably exaggerated.

New report warns of Dallas home price bubble

New report warns of Dallas home price bubble

Home appreciation has slowed this year as mortgage rates have risen and more homes have come on the market.

Mortgage rates hit a 2-month low, offering house-hunters the only reprieve from market turmoil

Mortgage rates hit a 2-month low, offering house-hunters the only reprieve from market turmoil

Rates for home loans tumbled for a third week, making real estate one of the only places to hide — at least for now.

Homebuyers, now might be the time to buy

Homebuyers, now might be the time to buy

Mortgage rates retreat to lowest level since early October

9 Design Tricks for a Home Office That Will Make You Instantly More Productive

9 Design Tricks for a Home Office That Will Make You Instantly More Productive

Creating a peaceful and productive home office is the key to work-from-home success. 

Why Two-Toned Kitchen Cabinets Are the Trend You'll Be Seeing Everywhere

Why Two-Toned Kitchen Cabinets Are the Trend You'll Be Seeing Everywhere

While the look has been around for a few years, it's clear that this dynamic trend is here to stay.

Dallas Area Residential Sales Report for October - Frisco TX

Dallas Area Residential Sales Report for October - Frisco TX

Home sales were down again in Frisco. October saw a 16% decline. Pending sales were even worse off by 20%. November sales are not looking good. The average sales price did rise 6% while the median sales price climbed 2%. New listings fell by 9%. The number of active listings increases 11% taking the months of inventory to 3.5 months. with 6 months considered a balanced market, we are still tilted to the Seller side.

Sales: 250

Average Sales Price: $447,744

Median Sales Price: 390,000

Pending Sales: 241

New Listings: 329

Active Listings: 1,076

Months of Inventory: 3.5

Information provided by The Real Estate Center

Trends Cost Sellers Money

Trends Cost Sellers Money

Remember, sellers should concentrate on what target buyers want in their "dream home," not on what sellers have been comfortable living with for years.

Fannie, Freddie conforming loan limits increase in nearly every part of the U.S.

Fannie, Freddie conforming loan limits increase in nearly every part of the U.S.

After not increasing the maximum conforming loan limits on mortgages to be acquired by Fannie Mae and Freddie Mac for 10 years, the Federal Housing Finance Agency has now increased the conforming loan limit for the third straight year.

Dallas Area Residential Sales Report for October - Garland TX

Dallas Area Residential Sales Report for October - Garland TX

Well, sales were flat in the Garland area in October as compared to last October. Unfortunately, pending sales declined 18% so November is not looking good. The average sales price increased 3% while the medians sales price rose 2%. The number of new listings climbed 3%. Active listings jumped 42%. This is a misleading number because last year listings were extremely low. The months of inventory gives a much better picture of supply. It now stands at 1.9 months.

Sales: 169

Average Sales Price: $213,041

Median Sales Price: $198,500

Pending Sales: 163

New Listings: 231

Active Listings: 329

Months of Inventory: 1.9

Dallas Heritage Village presents Candlelight

Dallas Heritage Village presents Candlelight

Photo courtesy of Dallas Heritage Village

During Candlelight, pioneer and Victorian Texas is brought to life with costumed interpreters.