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…
National News: Pending Home Sales Increased 2.5% in December, Ending Six-Month Slide
Pending home sales increased in December for the first time since May 2022 – following six consecutive months of declines – according to the National Association of Realtors®. The Northeast and Midwest recorded month-over-month reductions, while the South and West posted monthly gains. All four U.S. regions saw year-over-year decreases in transactions, with the West…
Seller Concessions Reemerge in Residential Transactions
The Collin County Association of Realtors (CCAR) reports that a steady increase in new listings and the simultaneous decline of homes under contract increased the area’s months supply of homes for sale by three times. The area had 8.2% more new listings and 10.0% fewer homes that went under contract in December than the previous…
We’re Blasting Off Into 2023 & We Want You to Join us!
It’s time to build for the future and invest in YOU! We invite you to start off the year right on Tuesday, January 24, at the Plano Event Center from 9 a.m. to 4 p.m. This action-packed day features industry experts who will be sharing their knowledge and insights! Diane Donley, VP of Business Development-…
Bill Cox Named Realtor of the Year
The Collin County Association of Realtors (CCAR) is proud to name Bill Cox as the 2022 Realtor of the Year, CCAR’s highest degree of honor and appreciation to a member. Cox is a Principal in McKinney-based Carey Cox Company, a commercial real estate firm specializing in Collin County. Cox has served as Past Chairman and…
Congratulations to Jason Petrie: CCAR’s New Government Affairs Director
It is with great excitement that CCAR announces Jason Petrie has been named CCAR’s new Government Affairs Director. Jason is a results-driven professional with a diverse skill set and experience working on advocacy and TREPAC initiatives at CCAR. “The Collin County Association of REALTORS® advocacy and passion for protecting private property rights is second-to-none. I…
National News: Existing-Home Sales Dipped 7.7% in November
Existing-home sales declined for the tenth month in a row in November, according to the National Association of REALTORS®. All four major U.S. regions recorded month-over-month and year-over-year declines. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – waned 7.7% from October to a seasonally adjusted annual rate of 4.09…
November Home Buyers Gave Thanks for Increased Housing Inventory
The Collin County Association of Realtors (CCAR) reports increased inventory throughout the county as more homeowners listed their homes in November 2022 than the year prior, and fewer homes went under contract. The area had 7.7% more new listings and 15.5% fewer homes that went under contract in November than the previous year. A combination…