Buying a Home in Today’s Market: Everything You Should Know
With some of the lowest interest rates in years, people are jumping on the opportunity to purchase their forever home. Before rushing into the process, understanding how to buy a house in today’s market could benefit you more than you might think; and lucky for you, we’ve talked to great REALTORS® who gave us the…
Texas Homebuyers are More Diverse, Earn Higher Incomes Compared to National Average
Texas homebuyers are more diverse, while also earning higher incomes compared to national homebuyers, according to the 2021 Texas Homebuyers and Sellers Report released by Texas REALTORS®. The annual report provides in-depth insights into the demographics, motivations and opinions of Texas homebuyers and sellers who had a real estate transaction between July 2019 and June 2020. The report…
North Texas Realtors in Action Foundation Helps Residents Rebuild from February’s Winter Storm
Texas residents are rebuilding their homes following February’s winter storm, thanks to financial support from the North Texas Realtors in Action Foundation (NTRIAF). Despite the effects the severe weather had on North Texas, NTRIAF, a nonprofit organization founded and administered by the Collin County Association of Realtors, was ready to assist those in need. “The…
Median Texas home price up 13.4% during first quarter of 2021
The median sales price of homes in Texas reached $274,300 in the first quarter this year, an increase of 13.4% over the same period last year, according to the 2021-Q1 Texas Quarterly Housing Report released today by Texas REALTORS®. “The demand for housing in Texas remained strong despite the winter storm in February and the pandemic,” said Marvin…
Are Home Inspections Worth It?
We can all agree the past year has been a remarkably interesting year, especially for the housing market. With low interest rate and less listings, 2020 ended with historic highs for home sales, and now 2021 has had an extraordinarily strong start. Dallas-Fort Worth continues to be one of the strongest housing markets! A home…
Increasing Your Buyer’s Purchasing Power
How does a buyer’s credit score impact how much house they can buy? How much of an impact does their credit score have on their purchase price? A buyer’s credit score impacts not only the interest rate on a mortgage loan, but also the mortgage insurance rate and the homeowner’s insurance rate, cumulatively impacting the…
March Brings Little Relief to Collin County’s Inventory-Strapped Housing Market
The Collin County Association of Realtors (CCAR) reports that new listings significantly increased in March 2021, yet not enough to provide relief for Collin County’s inventory-strapped housing market. In March, 14.1% fewer homeowners listed their home than the year prior (1,663 vs. 1,936). However, it’s a significant uptick from the month prior, where 39.6% fewer…
Voting in the May 1 Municipal Elections
Local elections are quickly approaching, and we want to make sure you have all of the information you need to make your day at the polls a breeze. Early voting begins April 19 and runs through April 27-polls are closed on Sundays. During Early Voting, voters can cast their ballot at any early voting site…
CDC Extends Eviction Moratorium
The Centers for Disease Control (CDC) announced today that it is extending its nationwide eviction moratorium through June 30, 2021. The order was put into place Sept. 4, 2020, but has been challenged in court across numerous states and localities in the months since. In addition to the court challenges, the National Association of REALTORS®…
The Home Features Topping Every Buyer’s Wish List
Buying a home is a goal that many want to accomplish. It’s important to note that there’s also a lot of planning that goes into it. Before stepping into the world of home buying, make sure to list what the perfect house should have for you. Every buyer has their own preferences, but these are…