Thursday, October 5, 2017

Allen, Frisco, McKinney top list of best U.S. cities for first-time buyers

Allen, Frisco, McKinney top list of best U.S. cities for first-time buyers
 But who's No. 1?

Wylie TX Residential Sales Report for August

Wylie TX Residential Sales Report for August
Sales continued to show strength!

In August sales of single-family homes were up 18% in Wylie. The average sales price rose 4% while the median sales price was flat.As in other areas, we see that pending sales declined. In Wylie's case they were down by 9 so we will probably see a negative sales number in September. New listings fell 11% but the number of active listings jumped 50%. This took the months of inventory to 2.3 months. With 6 months considered a balanced market we are very much still in a seller's market.

Sales: 141
Average Sales Price: $288,904
Median Sales Price: $265,500
Pending Sales: 118
New Listings: 135
Active Listings: 243
Months of Inventory: 2.3

Information provided by the Real Estate Center

Wednesday, October 4, 2017

First Friday at Dallas Farmers Market

First Friday at Dallas Farmers Market

Check out all the fun stuff to do

Garland Neighborhoods - Emerald Lake

Garland Neighborhoods - Emerald Lake
Emerald Lakes is located on the shore of Lake Ray Hubbard
If you would like to see the current listings and sales in Emerald Lake click here

Garland TX Home Sales Report for August

Garland TX Home Sales Report for August
Sales were off slightly

August saw sales drop 4% in Garland compared to last August. The average sales price jumped 12% while the median sales price was up by 6%. Pending sales were  down 7%. this is not a bad as some other areas. The number of new listings rose 12% and the active listings climber 43%. Even with this large percentage increase, the months of inventory only increased to 1.3 months. Really not very helpful if you are a buyer. We a very much still in a seller's market.

Sales: 203
Average Sales Price: $212,687
Median Sales Price: $190,500
Pending Sales: 205
New Listings: 234

Information provided by The Real Estate Center

Tuesday, October 3, 2017

2017 Cottonwood Art Festival

2017 Cottonwood Art Festival
Photo courtesy of Cottonwood Art Festiva
Considered a premier art show in North Texas, the festival is a cultural event for every member of the family. 

Farmers Branch Neighborhoods - -Valley View Estates

Farmers Branch Neighborhoods - -Valley View Estates

Valley View Estates

If you would like to see the current listings and sales in this neighborhood click here

Carrollton/Farmers Branch TX Home Sales for August

Carrollton/Farmers Branch TX Home Sales for August
Sales were up in August

Sales in august as compared to last august were up 12%. The average sales price increased 13% while the median sales price rose 9%. A little troubling was the 21% drop in pending sales. This does not bode well for September sales. The number of new listings declined 1% and the active listings fell 10%. This is not good news for buyers. The months of inventory  is now at 1.2 months. It's a seller's market.

Sales: 199
Average Sales Price: $311,595
Median Sales Price: $272,000
Pending Sales: 171
New Listings: 210
Active Listings: 203
Months of Inventory: 1.2

Information provided by The Real Estate Center

Monday, October 2, 2017

Frisco Fine Art Grand Opening

Frisco Fine Art Grand Opening
Frisco Fine Art will celebrate its grand opening, bringing outstanding local, regional, national and international artists to downtown Frisco.

Mortgage Rates Stuck in Holding Pattern

Mortgage Rates Stuck in Holding Pattern
The 30-year fixed-rate mortgage barely budged this week, staying well below the 4 percent mark. 

Renters are looking to leave New York, Chicago for Dallas.

Renters are looking to leave New York, Chicago for Dallas. Start spreading the news. They’re leaving today…for North Texas