For Mother's Day

9 easy and luxurious ways to step up Mother's Day breakfast in bed http://news360.com/article/291752469

Everything is better in Texas

Damn near all the best places to buy a home are in Texas - including Dallas http://news360.com/article/291749890

Just sold!

              I just represented the buyers of this lovely home in Frisco.
                               I can help you find the home of your dreams!
                                         Give me a call at 972-816-5197

Another reason to buy a home!

As more rent, the wealth gap widens http://www.cnbc.com/id/102658770

Frisco, TX Residential Sales Report for March

Single-Family:

Sales were flat in the Frisco area in March. The average sales price increased by 5% while the median sales price climber by 8%. As in most other areas of the Metroplex, buyers are having a hard time finding houses to purchase due to the shortage of inventory.

The pending sales increased by 8%. There was a 9% increase in new listings and a 2% increase in the active listings. A little over 60% of the active listings in MLS are builder’s new homes. The months of inventory now stands at 1.4 months.

Sales: 313

Average Sales Price: $383,025

Median Sales Price: $346,560

Pending Sales : 322

New Listings: 424

Active Listings: 462

Months of Inventory: 1.4

Condos and Townhouses:

There are not enough condos and townhouses in Frisco to justify a report.

Leases:

Leases were up by 34% in March. The average rent increases by 7% and the median rent by 5%. Pending leases jumped 126%. New listings were up by 31%. Active listings increases by 59%. While the months of inventory did increase, we still only have a 1.4 months supply for rent.

Leases: 153

Average Rent: $1,997

Median Rent: $1,840

Pending Leases: 88

New listings: 202

Active Listings: 207

Months of inventory: 1.4

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

#frisco#homesforsalesfrisco  

Home prices continue to rise!

http://bizbeatblog.dallasnews.com/2015/05/dallas-leads-the-country-in-home-price-gains-in-march.html/

Why you should use a Realtor

Facts About The FSBO Vs Realtor Debate That You Need To Know http://news360.com/article/291300789

New mortgages still up

Weekly mortgage applications drop 4.6% on higher rates http://www.cnbc.com/id/102652240

McKinney TX Residential Sales Report for March

Single-Family:

Sales were up by 85% in McKinney for March. The average sales price increased by 18% while the median sales price climbed by 19%. As in other areas, A Lot of this increase is due to a disportionately  amount of sales in the upper price ranges. Pending sales jumped by 27% so We can count on a strong April sales.  The number of new listings increased by 7% but the active listings declined by 22%. About 33% of the listings a builder new homes. The months of inventory fell to 1 month.

Sales: 209

Average Sales Price: $314,342

Median Sales Price: $278,500

Pending sales: 233

New Listings: 276

Active Listings: 235

Months of Inventory: 1

Condos and Townhouses:

There are very few condos and Townhouses in the McKinney area. The number of sales is too low for any meaningful analysis.

Leases:

Leases were up 7% in March. The average rent declined by 4% while the median rent fell by 1%. Pending leases jumped by 157%. March of last year was a slow month for rentals. The number of new listings fell by 4% but the active listings climber by 27%. While this is good news, the months of inventory sits at only 1.1 months.

Leases: 89

Average Rent: $1,648

Median Rent: $1,600

Pending Leases: 54

New Listings: 101

Active Listings: 100

Months of Inventory: 1.1

Information provided by the Real Estate Center at Texas A&M.

#mckinneyhomes

Allen, TX Residential Sales Report for March

Sales were up by 3% in the Allen area in March. The average sales price increased by 8% while the median sales price climbed 7%. Pending sales were down by 18%. In the other areas where we have seen a drop in sales or pending sales, it can be  chalked  up buyers just not being able to find the house they want due to the extreme shortage of inventory. New listings declined by 15% and the number of active listings fell 1%. About 40% of the active listings are builders new homes.

Sales: 117

Average Sales Price: $314,006

Median Sales Price: $265,000

Pending Sales: 108

New Listings: 148

Active Listings: 184

Months of Inventory. 1.5

Condos and Townhouses:

There are not enough condos and townhouses in the Allen area to make a meaningful report.

Leases:

Leases were off by 27% in March. The average  and median rent increased by 2%. The pending leases jumped by 360%. Last March numbers were very low. The number of new listings climbed by 14% and the active listings by 16%. The months of inventory remains very low at 1.3 months.

Leases: 27

Average Rent: $1,760

Median Rent: $1,700

Pending Leases: 23

New Listings: 57

Active Listings: 52

Months of Inventory: 1.3

Information provided by the Real Estate Center at Texas A&M.

Lots of things to do in the Dallas area this weekend

Things to Do: Editors Picks in Dallashttp://flip.it/n1hUr