New home sales tank 19 percent to end 2018

New home sales tank 19 percent to end 2018

The government shutdown hasn't completely stopped the flow of stunningly bad housing data.

Scammers Target Elderly for Their Homes

Scammers Target Elderly for Their Homes

The scams targeting the elderly may not be voidable either for those who sign. 

The Annual Salary Needed to Buy a Median-Priced DFW Home.

The Annual Salary Needed to Buy a Median-Priced DFW Home.

It may be time to ask your boss for a raise.

Dallas-Fort Worth leads all U.S. cities in people relocations, with 246 new residents a day...

Dallas-Fort Worth leads all U.S. cities in people relocations, with 246 new residents a day...

Even migration is bigger in Texas. 

Mortgage Rates Hit a 4-Month Low, So What’s Holding Back the Housing Market?

Mortgage Rates Hit a 4-Month Low, So What’s Holding Back the Housing Market?

There’s a lot going on in the housing market right now, and mortgage rates may just be the easiest culprit.

DIY home improvements can save cash, but they're not without risks

DIY home improvements can save cash, but they're not without risks

Experts say it’s important to think about the worst-case scenario for a botched project, when deciding if you should DIY or hire a pro.

6 Smart Updates To Make To Your Bathroom

6 Smart Updates To Make To Your Bathroom

Making smart updates can get you closer to the look you want without the big budget, or the big hassle.

5 tricks for instant curb appeal that are ridiculously simple and under $200!

5 tricks for instant curb appeal that are ridiculously simple and under $200!

Sellers: The way your house looks to buyers when they first drive up sets a lasting impression

Mortgage rates continue their six-week decline, falling to nine-month lows

Mortgage rates continue their six-week decline, falling to nine-month lows

Because mortgage rates tend to follow the same path as long-term bonds, home loan rates are expected to move higher.

Dallas Area Residential Sales Report - Richardson TX 2018

Dallas Area Residential Sales Report  - Richardson TX 2018

1,128 homes were sold in Richardson during 2018. That's 1% less that 2017. The average sales price was $323,214 an increase of 4% above the previous year.  The median sales price rose 7% and reached $300,000. There were 1,169 pending sales and 1,501 listings during the year.

Information provided by the Real Estate Center

Dallas Area Residential Sales Report for December - Richardson TX

Dallas Area Residential Sales Report for December - Richardson TX

Richardson had positive sales numbers in December up 8%. Pending sales rose 3%. The average sales price fell 2% as did the median sales price. Looks like buyers were able to find properties at the right price. The number of new listings climbed 11% while the active listings jumped 42% as compared to last December. The increase in homes on the market really did not effect the months of inventory very much only raising it to 1.6 months. That's a very short supply!

Sales: 100

Average Sales Price: $310,966

Median Sales Price: $283,000

Pending Sales: 69

New Listings: 71

Active Listings: 270

Months of Inventory: 1.6

Information provided by The Real Estate Center