Who Can Perform Property Management Services
One of the most common complaints submitted to the Texas Real Estate Commission (TREC) is in relation to property management. TREC requires that license holders must be competent in the field in which they are working. With so many specific rules in regard to property management, it’s very easy to miss a critical component, which…
Changes to Matrix Auto Email Verbiage
Minor changes were made to the Auto Email default messaging, which are displayed below. “Current” reflects the old messaging and “New” reflects the changes just made. The default email is clearer and more concise and can still be customized by the agent.
Changes to National Flood Insurance Program will Have Significant Impact on Real Estate Industry
Key Changes FEMA-NFIP Effective Oct. 1, 2021, the Federal Emergency Management Agency (FEMA) made significant changes to the National Flood Insurance Program (NFIP) factoring into insurance pricing modeling more elements that accurately reflect each property’s unique flood risk. The new rating program is known as Flood Insurance Risk Rating 2.0. According to FEMA, the…
Collin County Home Prices Continue to Rise Due to Lack of Inventory and High Demand
The Collin County Association of Realtors (CCAR) reports that home sales continued to outpace new listings throughout Collin County as homes continued to sell faster and for more money than the year before. In September, Collin County had 6.6% fewer new listings enter the market (1,576 vs. 1,688) and 6.8% more homes that went under…
75% of CCAR Members Have Completed their NAR Code of Ethics Requirement
75% of CCAR members have completed their NAR Code of Ethics (COE) requirement for this cycle. Are you one of the few who will be left behind? Take the class free anytime here. Register to take the class LIVE via Zoom here and get 3 hours of CE. If you require personalized assistance,…
Have You Seen Us in the News Lately?
The real estate market is on top of many North DFW residents’ minds, and CCAR is proud to be a leading source of market information. Have you seen us in the news lately? Home sales continue to outpace new listings in Collin County, as median price jumps 19% Historic housing shortage spurs buying frenzy in…
Texas Condominium and Townhome Sales Increase, Median Price Rises from 2020 to 2021
Texas condominium and townhome sales rose between July 2020 and June 2021, compared to the same period the previous year, according to the 2021 edition of the Texas Condominium Sales Report released today by Texas Realtors. The number of condominiums sold across the state increased 41% to 17,152 sales, while townhome sales grew 36.4% to 11,508 sales.…
Collin County Resumes Familiar Trajectory of Shrinking Inventory
The Collin County Association of Realtors (CCAR) reports that despite seeing signs of possible housing market stabilization in July, August home sales outpaced new listings, continuing the familiar trajectory of shrinking inventory. In August, 7.0% fewer new listings entered the market (1,710 vs. 1,839) and 8.2% more homes went under contract compared to the year…
Be a REALTOR® In Action on NTX Giving Day
Donate Now What happens when a refrigerator of food spoils from lost power and a family can’t afford to replace it? Where do North Texas non-profits get funding to continue to care for the community? One place funding can be found and refrigerators filled is the North Texas REALTORS® in Action Foundation (NTRIAF). NTRIAF is…
Do you Love a Balanced Budget?
Are you an expense and revenue person? Do you love a good budget? We have just the thing for you! Apply before October 7, 2022 to serve on the CCAR Budget and Finance Committee. Openings will become available for a term beginning January 1, 2023 through Dec. 31, 2024. The mission of the Budget and…