Winter’s Chilly Sales Pace Is Beginning to Warm Up
PLANO, Texas — The Collin County Association of Realtors (CCAR) reports that while the Collin County real estate market has had a slow winter, the promise of spring began to force its way through in February. “Both buyers and sellers experienced positive outcomes in February. Sellers enjoyed solid offers from well qualified buyers, and buyers…
Good News: Cash Buyers Are NOT your Only Option for Distressed Properties
Dawn Ferreiro (NMLS 1048123), Great Western Home Loans, Member of CCAR’s REALTOR®/Lender Committee Unfortunately, distressed or extremely outdated properties are a common conundrum in the real estate industry. Often times when this occurs the sellers believe their only option is finding a cash buyer. What if there was another way to market these properties on…
PRESS RELEASE: COLLIN COUNTY MARKET TO BE PROMOTED AT MIPIM, THE WORLD’S PROPERTY MARKET CONFERENCE
COLLIN COUNTY – Feb. 6, 2019 – MIPIM, the world’s leading global real estate market, business conference and networking event, will welcome Texas Realtors to its 2019 event in Cannes, France. Collin County Association of Realtors (CCAR) will be part of the Texas Realtors exhibition at the USA Pavilion, hosted by the National Association of…
Government Affairs and TREPAC May 4 Municipal Candidate Interviews
Each election cycle, CCAR conducts candidate interviews for political offices in order to better understand the ideas and visions for when the candidates become elected to public office. TREPAC then may choose to support the candidate who champions private property rights and upholds our REALTOR® members’ values. In order to ensure transparency and participation from…
Collin County’s Market is Becoming More Favorable for Buyers
PLANO, Texas — The Collin County Association of Realtors (CCAR) reports home buyers are finding themselves in a more attractive market in 2019, with more homes to choose from, a higher ability to qualify for financing, and negotiable sellers. The year began with 8.4% more new listings than the year prior. Listings remained on the…
REALTOR® Day at the Capitol
Have you been hearing all the buzz and excitement about REALTOR® Day at the Capitol? Are you curious what the big deal is? We sat down with Adam Majorie, CCAR Chief Advocacy Officer, to discuss the special day and why it is so important. Question: What happens at REALTOR® Day at the Capitol? Majorie: “REALTOR®…
When to Advise Clients to Look Beyond the Mortgage Rate
By Jake Perry (NMLS 231682), Fairway Independent Mortgage Corporation, Member of CCAR’s REALTOR®/Lender Committee Mortgage interest rates and rate changes are a huge topic of conversation with consumers who are actively looking for a new home, as well as those considering looking for a home. The rate on a mortgage loan impacts monthly payment, but…
Sellers More Negotiable on Price: Imperative Buyers Hire Agents Equipped to Handle Changing Market
PLANO, Texas — The Collin County Association of Realtors (CCAR) reports that sellers were more motivated to sell and negotiate in December than the area has experienced since 2013. On average, sellers accepted 5.1% less than their original listing price in December 2018. Despite sellers’ willingness to negotiate on sales price, accompanying stats indicate Collin…
A New Year With New Challenges: A Lender’s Look at The Year Ahead
By Alexandra Swan (NMLS 117371), Willowbend Mortgage, Member of CCAR’s REALTOR®/Lender Committee Happy New Year! It’s hard to believe that the holidays have come and gone and a new year is upon us. Both the REALTOR® and Lender communities experienced challenges in 2018, and as we roll into January those challenges will continue. The FED is…
Home Affordability in Collin County and Surrounding Area Remains at All-Time Low
The Collin County Association of Realtors (CCAR) reports that November 2018 continued to be a difficult time to qualify for the purchase of a home. According to the Housing Affordability Index, the October 2018 drop of home affordability did not improve in November, and remained at 97 percent. This means that the median household income…