Tuesday, June 30, 2015
Monday, June 29, 2015
Carrollton-Farmers Branch, TX Residential Sales Report
Single-Family:
Sales were down by 12% in May. The average sales price was flat while the median sales price increased by 4%.
Pending sales dropped 3%. T
he number of new listings declined by 15% and the active listings by 27%. The months of inventory fell to 1.2 months.
This is the 3rd months in a row of declining sales. However, it does not appear this is due to demand but rather to the shortage of supply. Buyers, as in other areas, are just having a difficult time finding a home to purchase.
Sales: 171
Average Sales Price: $265,810
Median Sales Price: $229,000
Pending Sales: 181
New Listings: 233
Active Listings: 188
Months of Inventory: 1.2
Sunday, June 28, 2015
Looking for Something to Do in the Dallas Area Today? You will find It on This List.
Things to Do: Events in Dallas
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Saturday, June 27, 2015
Friday, June 26, 2015
49 Brilliant Garage Organization Tips, Ideas and DIY Projects
Dog About Town: Working, playing and more places to take your pooch
Thursday, June 25, 2015
This is just unbelievable!
The Silicon Valley housing crisis is epitomized in this listing for a $899/month tent
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Frisco, TX Residential Sales Report for May
Single-Family:
Sales in the Frisco area were up by 10% in May as compared to a year ago. The average sales price increased by 7% while the median sales price was up by 9%. Pending sales showed a slight 2% increase. The number of new listings fell 11% and the active listings dropped 1%. The months of inventory remained at 1.6 months. About 33% of the active listings are builder’s new homes. The average sales price of a builder’s home is $505,738.
Sales: 405
Average Sales Price: $388,994
Median sales Price: $349,000
Pending Sales: 376
New Listings: 494
Active Listings: 532
Months of inventory: 1.6
Leases:
Leases jumped 23% in May. The average rent increased by 4% and the median rent by 3%. Pending leases climber by 112%. The number of new listings increased by 13% and the active listings by 57% . Unfortunately these increases only increased the months of inventory to 1.3 months. It’s a very tight market.
Leases: 220
Average Rent: $2,042
Median Rent:$1,900
Pending Leases: 125
New Listings: 253
Active Listings: 211
Months of Inventory: 1.3
Information provided by The Real Estate Center at Texas A&M.
Celebrity baseball and bevy of theater tours top best weekend events in Dallas-Fort Worth
Celebrity baseball and bevy of theater tours top best weekend events in Dallas-Fort Worth http://news360.com/article/299318903
Wednesday, June 24, 2015
McKinney, Tx Residential Sales Report for May
Single-Family:
Sales were up by 10% in McKinney for the months of May. The average sales price climbed by 14% and the median sales price by 16%. As in other areas, we continue to see the majority of the sales concentrated in the upper price ranges. Pending sales increased by 9%. The number of new listings fell by 14% and the active listings dropped by 21%. this pulled the months of inventory down to 1.3 months.
Sales: 286
Average Sales Price: $316,992
Median Sales Price: $290,000
Pending Sales: 235
New Listings: 303
Active Listings: 303
Months of Inventory: 1.3
Leases:
Leases jumped 23% as compared to a year ago. The average rent increased by 4% while the median rent rose by 3%. Pending leases were up by 112%. The new listings climbed by 13% while the active listings jumped by 57%. Unfortunately this only increased the months of inventory to 1.3 months so if you are looking for a property to rent, you still will have a hard time.
Leases: 220
Average Rent: $2,042
Median Rent: 1,900
Pending Leases: 125
New Listings: 253
Active Listings: 211
Months of Inventory: 1.3
Information provided by The Real Estate Center at Texas A&M.
Tuesday, June 23, 2015
Best Food and Drink Events this Week
Downtown Dallas taco festival tops best food and drink events this week http://news360.com/article/298936099
Allen, TX Residential Sales Report for May
Single_Family:
Sales were off by 11% in Allen for the months of May. The average sales price jumped by 24% while the median sales price was even higher at 26%. About 40% of the listings in MLS are builder new homes. These homes are all in the upper price ranges and their sales are a contributing factor to the large increases in the average and median sales prices.
Pending sales were up by 13%. As has been the trend, the number of new listings declined by 12% and the active listings by 20%. The months of inventory fell to 1.7 months.
Sales: 132
Average Sales Price: $367,725
Median Sales Price: 320,000
Pending Sales: 129
New Listings: 186
Active Listings: 207
Months of Inventory: 1.7
Leases:
Leases were flat in May. The average rent was up by 5% while the median rent rose 3%. The pending leases jumped by 344%. Last May was a very low month for leases. New listings increased by 30% and the active listings by 21%. These increased only brought up the months of inventory to 1.5 months.
Leases: 48
Average Rent: $1,944
Median Rent: 1,750
Pending Leases: 40
New Listings: 79
Active Listings: 63
Months of Inventory: 1.5
Information provided by The Real Estate Center at Texas A&M.
Applying for a mortgage? Why your Instagram posts could land you in jail
Applying for a mortgage? Why your Instagram posts could land you in jail http://news360.com/article/298743830
