Dallas Area Residential Real Estate Report

Friday, December 2, 2016

Selling Your Home Soon? Use Holiday Sales To Make Smart, Inexpensive Updates

If you're thinking about selling your house, or if it's just in need of a little love, taking advantage of sales throughout the holiday season can help you add a little pizazz or make it more attractive to the potential next owner. Knowing what to look for and what to stay away from this season can help you make smart buys.

2017 Housing Market Hinges On Consumer Sentiment

Can we expect the lackluster growth to persist, or will we see renewed acceleration take hold in 2017?

Heritage Farmstead Museum presents Lantern Light Holiday

Photo courtesy of Heritage Farmstead Museum

Heritage Farmstead Museum of Plano will host its 30th annual Lantern Light, a holiday family event for all ages.

2016 Preston Village Toys For Tots Party

Photo courtesy of Preston Village Shopping Center

The annual Toys for Tots party at Preston Village Shopping Center is a fun-filled afternoon of live entertainment, bounce house fun, train rides, photo opportunities in a giant red chair, visits with Santa & Mrs. Claus, and more.

NorthPark Center presents Camp Gingerbread

Photo courtesy of NorthPark Center

The holidays are sweet at Camp Gingerbread where little ones can decorate gingerbread cookies with their favorite sugary delights, including frosting, nuts, dried fruit, candies and sprinkles. Proceeds benefit Shared Housing, a non-profit organization that facilitates affordable housing options for those in need. Cost is $10 per child.

Dallas-Fort Worth earns top 10 status for high-tech jobs

In Dallas-Fort Worth, high-tech jobs grew 19.7 percent from 2013 to 2015, making it one of the top three markets for high-tech jobs in the country.

Thursday, December 1, 2016

2016 Wylie Arts Festival

Shop for fine art and handmade crafts; listen to the sounds of the season; and enjoy festive foods. Admission is free.

Wylie, TX Residential Sales Report for October

Single Family:

Sales were up a small 1% as compared to last October. The average sales price jumped up 15% while the median sales price increased a gargantuan 27%. These averages are being pulled up by the new construction that accounts for about 25% of the total sales. The spread between the average sales price of an existing homes and the average of a new construction home in Wylie is about $104,000. Pending sales rose 3%. The new listings climbed 28% but the active listings fell 6%. The months of inventory is now at 1.6 months. Not a great supply!

Sales: 127
Average Sales Price: $292,243
Median Sales Price: $290,500
Pending Sales: 114
New Listings: 132
Active Listings: 161
Months of Inventory: 1.6

Information provided by The Real Estate Center

Celebrate the Holidays at Klyde Warren Park

Photo courtesy of Klyde Warren Park

Following the Park’s holiday show at 5:45 pm. and tree lighting at 6 pm, Santa Claus will lead the crowd to the AT&T Performing Arts Center.

What to Do a Year Before Buying Your First Home

The ultimate timeline ensures the smoothest of transitions to home ownership.

No letup in sight for Dallas home price gains...

Buyers are still out there in droves despite the headwinds — especially younger buyers that will form the backbone of the housing market for years to come