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Friday, September 30, 2016

The essential visitor's guide to Richardson's Cottonwood Art Festival

The essential visitor's guide to Richardson's Cottonwood Art Festival
Art in all forms is to be admired at Cottonwood Art Festival. Courtesy photo

Twice a year, Richardson's Cottonwood Park plays host to an immensely popular free celebration of all the good things in life: art, craft beer, local music, and family fun.

Pending Home Sales Retreat in August

Pending Home Sales Retreat in August
After bouncing back in July, pending home sales cooled in August for the third time in four months and to their lowest level since January, 

Thursday, September 29, 2016

Your Guide to the State Fair of Texas 2016: Opening Week

Your Guide to the State Fair of Texas 2016: Opening Week


But will Little Big Tex be back? Photo by Jason Janik.
The State Fair of Texas returns Friday with a parade through downtown Dallas and the commencement of Big Texan flexin’ at Fair Park.

Frisco Texas Residential Sales Report for August

Sales rebounded from a down July!
Single-Family:

After a down month in July, sales increased by 14% in august as compared to a year ago. The average sales price rose 11% as did the median sales price. Pending sales were up by 3%. The number of new listings climber by 3% while the active listings took a jump up of 28%. This increased the months of inventory to 2.5 months but this is still well short of the 6 months that is considered a balanced market.

Sales: 454
Average Sales Price: $431,839
Median Sales Price: $375,500
Pending Sales: 367
New Listings: 420
Active Listings: 784
Months of Inventory: 2.5

Information provided by The Real Estate Center at Texas A&M 

Wednesday, September 28, 2016

Decorating For Fall: The Changes You Want To Make Now

Decorating For Fall: The Changes You Want To Make Now
When it comes to decorating, there are numerous quick fixes you can do to bring some fall flavor into your home - without turning your entire house into a pumpkin patch. But if that's your thing, hey, go for it. Pumpkins for everyone!

Sellers Flee High-Priced States for Affordability

Sellers Flee High-Priced States for Affordability
More home owners are making a move from some of the priciest housing markets, like California, and moving to lower-cost areas, like Texas and Arizona, shows a new analysis by CoreLogic.

Dallas remains one of hottest housing markets in 20-city ranking

Dallas remains one of hottest housing markets in 20-city ranking
The Dallas region's home price gains continue to rank among the hottest in the country, posting a better than 8 percent increase year-over-year in a new 20-market comparison.

McKinney TX Residential Sales Report for August

Sales were up slightly
Single-Family:

Sales were up 4% in august as compared to the same tile last year. The average sales price jumped 12% while the median sales price increased 7%. Sales continue to be concentrated in the upper price ranges primarily due to the extreme shortage of properties under $200,000. Pending sales were flat. The number of new listings fell 6%  but the active listings jumped 24%. The increase in active listings is helpful to the over all market but it only caused the months of inventory to increase to 2.2 months. Still very short of the 6 months that is considered a balanced supply/demand.

Sales: 454
Average Sales Price: $ 319,479
Median Sales Price: $279,950
Pending Sales: 261
New Listings: 295
Active Listings: 505
Months of Inventory: 2.2

Information provided by The Real Estate Center at Texas A&M

Tuesday, September 27, 2016

Trend Report: This is The New "It" Home Accessory

Trend Report: This is The New "It" Home Accessory
(Image credit: New Darlings
Move aside shibori, because there's a new pillow darling on the home front.

4 Fall Yard Maintenance Chores to Tackle Now (and 1 to Skip)

4 Fall Yard Maintenance Chores to Tackle Now (and 1 to Skip)
Another glorious autumn season has arrived -- and that means your lawn will require some serious fall yard maintenance

State Fair of Texas 2016: An Insider's Guide to Our Favorite Fall Tradition

State Fair of Texas 2016: An Insider's Guide to Our Favorite Fall Tradition
Make the most of your time at this year's annual installment of Texas-sized fun (Sept. 30-Oct. 23) with these local insights and essential tips. 

Today is National Voter Registration Day!

Today is National Voter Registration Day!
If you have not registered to vote, please take a couple of minutes to do so.

New home sales drop 7.6% in August nationwide

New home sales drop 7.6% in August nationwide

Sales of new homes retreated in August, one month after surging to the highest level in nearly nine years. 

Monday, September 26, 2016

BOOMERS MOVE IN ON MILLENNIAL HOUSING STOCK

BOOMERS MOVE IN ON MILLENNIAL HOUSING STOCK

As boomers retire and millennials start families, they’re buying the same houses for very different reasons.

Sunday, September 25, 2016

What's the Cost of a Home Appraisal?

What's the Cost of a Home Appraisal?
While the lender hires the appraiser, the buyer pays for it, which begs the question: What's the cost of a home appraisal?

5 Ways to Increase the Property Value of Your Home

5 Ways to Increase the Property Value of Your Home
No matter what the real estate industry is doing as a whole, you want to get the most value out of your home when you sell

Pros and cons of three popular kitchen layouts

Pros and cons of three popular kitchen layouts
If you’re remodeling your kitchen or designing a new one, your first order of business is choosing a layout

5 Dallas Home Tours to Hit This Fall

5 Dallas Home Tours to Hit This Fall
Below, we’ve put together a nifty guide to help you find the right tour for you.

Saturday, September 24, 2016

4 Staging Tips to Up Your Listing’s Appeal

4 Staging Tips to Up Your Listing’s Appeal

The house has been cleaned from corner to corner, but now it may just need a few more finishing touches. Here are a few less-obvious, inexpensive ideas for staging your listing:

Watch crews hoist Big Tex into his home at State Fair

Watch crews hoist Big Tex into his home at State Fair
How can you tell when the State Fair of Texas is getting close? Look for the 55-foot cowboy.

Date Night in Farmers Branch

Date Night in Farmers Branch
Enjoy live music, dinner, and a movie under the stars. 

Deep Ellum Foundation presents Reimagine Crowdus

Deep Ellum Foundation presents Reimagine Crowdus
Photo courtesy of Brad Oldham
Deep Ellum Foundation is working to transform Crowdus Street into a three-block long pedestrian walkway with regular local music performances, live art demonstrations, group activities, and more.

Movie Night On The Bridge

Movie Night On The Bridge
Photo by Caren Mack

When the sun goes down, Continental Avenue Bridge becomes an outdoor movie theater with the beautiful downtown Dallas skyline as a backdrop.

Allen Texas Residential Sales Report for August

Sales were up sharply!
Single-Family:

Sales jumped up 23% in august as compared to a year ago. The average sales price declined 1% while the median sales price rose 5%. A little gyration in the makeup of the sales. Pending sales eked out a 1% increase. The number of new listings increased by 3% and the active listings were up by 2%. The months of inventory now stands at 1.7 months. Not a great supply. Allen is very much tilted to the Seller side.

Sales: 179
Average Sales Price: $341,199
Median Sales Price: $316,500
Pending Sales: 140
New Listings: 163
Active Listings: 219
Months of Inventory: 1.7

Information provided by The Real Estate Center at Texas A&M

Thursday, September 22, 2016

Existing home sales unexpectedly dip in August as inventories fall

Existing home sales unexpectedly dip in August as inventories fall
U.S. home resales unexpectedly fell in August, crimped by a shortage of inventory that is boosting home prices faster than the pace of wage growth.
NOT IN DALLAS!
See my report:
Dallas Area Residential Sales Report for August

North Texas Giving Day

North Texas Giving Day
North Texas Giving Day is an online giving event for people across the nation (and the world!) to come together to raise as much money as possible for North Texas nonprofits on one day

Wednesday, September 21, 2016

Heroes for Children presents Heart of Gold 5K & Fun Run

Heroes for Children presents Heart of Gold 5K & Fun Run
Entertainment will include a DJ and children’s Adventure Zone featuring games, activities, bounce houses, rock climbing wall and a special area to honor and remember children who have been affected by cancer. 

Mortgage applications tank

Mortgage applications tank
Mortgage rates finally broke out of their tight range last week, and borrowers retreated in force.

Dumbwaiters on the Rise in New Homes and Renovations

Dumbwaiters on the Rise in New Homes and Renovations
As land costs increase and more developers build vertically, electric and manual versions are a solution to the hassles of multilevel living

Lake Highlands/NE Dallas Residential Sales Report for August

Sales were up!
Single-Family:

After being down last month,sales rose 14% in August as compared to a year ago. The average sales price climbed 11% while the median sales price increased by 10%. Sales continue to be concentrated in the upper price  primarily due to the extreme shortage of home for sale under $200,000. Pending sales declined 12%. Not good for September sales.New listings fell 11% and the number of active listings declined 7%. The months of inventory dropped to 2.1 months.

Sales: 80
Average Sales Price: $374,412
Median Sales Price: $359,450
Pending Sales: 61
New Listings: 86
Active Listings: 138
Months of Inventory: 2.1

Information provided by The Real Estate Center at Texas A&M

Tuesday, September 20, 2016

3 Tips for Choosing the Right Decorative Mirror

3 Tips for Choosing the Right Decorative Mirror
Choosing the right size, shape and style of decorative mirror for your space can be overwhelming. To make that process easier, follow these steps.

What does 'due diligence' mean when buying a home?

What does 'due diligence' mean when buying a home?
There isn't an Easy Button for doing your due diligence. It's really a time-consuming process, and few people have any idea what to do.

Deep Ellum Foundation presents Reimagine Crowdus

Deep Ellum Foundation presents Reimagine Crowdus
This September we’re transforming Crowdus Street into a pedestrian street with concerts, performances, activities and more!



US housing starts, building permits fall in August

US housing starts, building permits fall in August
U.S. housing starts fell more than expected in August as building activity declined broadly after two straight months of solid increases, 

Dallas area needs more than 132000 additional home starts

Dallas area needs more than 132000 additional home starts
The Dallas area has one of the largest shortages of new single-family homes on any market in the country

Monday, September 19, 2016

Kitchen Design Trend Report: Are You Ready For the New Stainless Steel?

Kitchen Design Trend Report: Are You Ready For the New Stainless Steel?
(Image credit: Big Chill)
Oh stainless steel. As of a few years ago, nothing said "I've arrived" louder than having SS appliances (and granite) in your kitchen

2016 Plano Balloon Festival


2016 Plano Balloon Festival
The Plano Balloon Festival is a spectacular three-day event that offers something for everyone:

Myth vs. Fact: Qualifying for a Mortgage

Myth vs. Fact: Qualifying for a Mortgage
Confused about what it takes to get a mortgage in today's market?  Here are the facts to dispel the two biggest myths about qualifying for one. 

Visit a Listing at These Times

Visit a Listing at These Times
Buyers should spend more time scouting out the house they’re interested in at various hours of the day and night to determine if the home truly is a good fit.

How Do Mortgage Lenders Get Paid and Make Money?

How Do Mortgage Lenders Get Paid and Make Money?

Mortgage lenders may get paid in multiple ways. When homebuyers educate themselves on these methods, they may be able to save thousands of dollars on their mortgage.