Announcing CCAR TRLP Class XV
Please join us in congratulating these Greater Collin County Area REALTORS® on their acceptance into the 2023 Texas REALTORS® Leadership Program (TRLP) Class XV. They were nominated, accepted, and now begin their journey to becoming part of an elite group of real estate leaders. Click here to learn more.
Collin County Housing Inventory Can’t Keep Up
The Collin County Association of Realtors (CCAR) reports that housing inventory is set to remain tight as homes under contract outpaced previous years and a relatively flat number of homes entered the market. Collin County housing demand remained high as 38.7% more homes went under contract in February than the previous year, although only 1.5%…
Contract Changes and Homeowners Associations
Written by Ryan Jeffrey with Republic Title and Member of CCAR’s Affiliate Committee In November 2022, the Texas Real Estate Commission adopted form revisions recommended by the Texas Real Estate Broker-Lawyer Committee that became mandatory on February 1, 2023. One of the areas that we often get questions about relates to Changes to the Addendum…
1031 Exchanges – Basic Rules and Key Information
Written By: Whitney Nash, President/CEO/Qualified Intermediary at Above & Below 1031 LLC and Member of CCAR’s Affiliate Committee. As a client’s trusted advocate throughout a real estate transaction, real estate agents are likely to receive questions about 1031 exchanges or may recognize that a client might benefit from doing one because of their situation. There…
Texas’ Mortgage Market Showing Signs of Stabilizing
Initial signs of stabilization appeared in Texas’ residential mortgage market, according to the Texas Residential Mortgage Survey (TRMS). Industry conditions worsened through much of last year as the Federal Reserve increased interest rates to tame inflation and normalize post-pandemic demand across the economy. The January TRMS, however, indicated an uptick in residential mortgage activity relative…
The Texas Legislature: Let’s Talk About It
What is the Texas Legislature and what does that mean for the state? Those are great questions to discuss now that we have entered the 88th Texas Legislature. The Texas Legislature is the state Senate and House of Representatives coming together to consider proposed laws and resolutions, consideration of proposed constitutional amendments for submission to…
New Year, New Calm for Real Estate
The Collin County Association of Realtors (CCAR) reports that a new calm descended over home buying in January as increased inventory allowed buyers to shop around and sellers continued to enjoy more money at the closing table. A Collin County home buyer had 234.2% more homes to choose from in January 2023 compared to January…
BrokerBay Update: Home Inspectors, Photographers, and Pending Status Listings
Booking Appointments: Home Inspectors and Photographers You asked, and we’ve heard you! NTREIS and BrokerBay have been working hard behind the scenes to make Home Inspector/Photographer booking easier for your marketplace. Previously, affiliates would call the BrokerBay Live Concierge, and be told to directly book the appointment with the listing agent and that they could…
Can Title Monitoring Services Really Prevent Someone from Stealing Your House?
Co-Authored by Melanie Chaiken and Jennifer Kuczaj with Allegiance Title (Frisco and Plano locations) Over the past few years, there has been an abundance of television, radio, and social media ads from several companies proclaiming the same frightening message: Fraudsters are trying to steal your house! Because publicly available property records, including deeds and deeds…