Friday, February 16, 2018

The Mythical Value of Smart Homes

The Mythical Value of Smart Homes



What constitutes a true smart home and what different technology features are actually worth
#smarthome #realestate

What Would an Increase in Mortgage Rates Mean for Homebuyers?

What Would an Increase in Mortgage Rates Mean for Homebuyers?
NAR expects that the mortgage rate for a 30-year fixed mortgage will rise to 4.4 percent in 2018. How will this change affect the monthly mortgage payment of homebuyers?
#mortgagerates #interestrates #realestate #buyeradvice

Wednesday, February 14, 2018

Far North Dallas Neighborhoods - Prestonwood West

If you would like to see the current listings and solds in this neighborhood Click Here
#dallasneighborhoods #dallas #realestate

Dallas Area Residential Sales Report for January - Far North Dallas

Dallas Area Residential Sales Report for January - Far North Dallas
Sales took a large dip in January as compared to last January. Down 24%. The average sales price rose 3% while the median sales price jumped 10%. There is a little distortion in these averages caused by more sales in the higher price ranges than normal. Pending sales showed an increase of 5% so maybe February will be positive. The number of new listings climber 9% while the active listings increased 23%. While this is a slight positive, with the months of inventory coming in at 1.9 months there is really not much for a buyer to chose from.

Sales: 47
Average Sales Price: $453,534
Median Sales Price: $425,750
Pending Sales: 87
New Listings: 97
Active Listings: 169
Months of Inventory: 1.9

Information provided by The Real Estate Center

#dallas #realestate #homesforsale 

Tuesday, February 13, 2018

Should you pay off that mortgage before retirement?

Should you pay off that mortgage before retirement?
The decision depends on a number of factors, such as risk tolerance, additional assets, cash-flow needs and goals

Dallas Area Residential Sales Report for January - North Dallas

Dallas Area Residential Sales Report for January - North Dallas
North Dallas Sales were up 3% in January as compared to last January. The average sales price climbed 37% while the median sales price rose 13%. There were several more sales of million plus homes than normal that pulled up these sales prices. Pending sales fell 5%. Not sure what this means for February sales. The number of new listings dropped 15% and the active listings declined 4%. the months of inventory now stands at 3.9 months. 6 months is considered a balanced market so we are still titled to the sellers side.

Sales: 31

Average Sales Price: $1,213,145
Median Sales Price: $748,750
Pending Sales: 60
New Listings: 106
Active Listings: 250
Months of Inventory: 3.9

Information provided by The Real Estate Center 

Monday, February 12, 2018

These Four Types of Appliances Are All Wrong for Home Resale

These Four Types of Appliances Are All Wrong for Home Resale
As most appliances don't come cheap, is it worth the expensive upgrade? Turns out, the answer is: it depends.

Crow Collection of Asian Art presents Chinese New Year Festival

Crow Collection of Asian Art presents Chinese New Year Festival
Photo courtesy of Crow Collection
Say goodbye to the Year of the Rooster and ring in 2018 as the Year of the Dog, a year marked by loyalty, kindness, and love. 

Metrostudy Names DFW Top New Home Market in the Nation

Metrostudy Names DFW Top New Home Market in the Nation


The survey, which compares 4Q17 to 4Q16, reveals new home starts jumped by a whopping 16.9 percent — a major indicator of builders preparing for a strong spring selling season.
#dallas #realestate #homesforssale

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