Softening Home Prices Fueled September Home Sales
Collin County Area Realtors (CCAR) reports that softening home prices fueled home sales in September despite reduced inventory. Even with limited supply, sellers remained negotiable as homes took an average of 38 days to go under contract and sold for 96.5% of the original listing price. As a result, the Median Sales Price of a…
Double, Double, Toil and Trouble: Be Aware of the Ghouls & Ghosts That May Haunt Your Real Estate Transactions
Written By: Natalie Thrasher, Director of Marketing and Business Development with Lawyers Title and CCAR’s Affiliate Committee Member Our industry is a target for fraudsters trying to make a “quick buck.” Well, it is not actually quick; these are well-oiled fraud machines. They are learning from each success & failure and then adjusting their schemes…
Texas A&M Real Estate Research Center: Texas Residential Mortgage Industry Optimism Wanes Through Rising Rates
Optimism waned in Texas’ residential mortgage industry amid higher interest rates, according to the latest Texas Residential Mortgage Survey (TRMS). General business activity corrected downward after improvements during the first half of the year, and challenges persist heading into 2024. “Higher mortgage interest rates hammered home purchase and refinance origination volumes in September,” said…
What is “Non-QM” Lending?
Written By: Don Thomas, Sales Manager for Synergy One Lending and Member of CCAR’s Affiliate Committee Non-QM lending, also known as non-qualified mortgage lending, is a type of mortgage lending that does not meet the qualified mortgage (QM) standards set by the Consumer Financial Protection Bureau (CFPB). This type of lending has gained popularity in…
Collin County Association of REALTORS® Unveils New Name to Reflect Membership
Collin County Association of REALTORS® (CCAR) is pleased to announce its new name, Collin County Area REALTORS® (CCAR), a change that reflects the organization’s growing membership that spans beyond Collin County. The decision to rebrand as the Collin County Area REALTORS® is an effort to reflect the Association’s diverse membership and the communities they serve.…
Check Out CCAR August Committee Reports
If you aren’t part of a committee at CCAR, you are missing out! We hope to see you next month, but until then, members can access the CCAR August Committee Reports within the InfoHub.
CCAR End of Year TREPAC Auction
Help us finish the 2023 TREPAC year strong by checking out our online end-of-year auction! From gift cards to Yeti buckets, you’re sure to find the perfect gift inspiration. Don’t wait, this auction ends on September 28! Bid Now Contributions to the Texas REALTORS® Political Action Committee (TREPAC) and the Texas Association of REALTORS® Federal…
Help Teddy Bears Hitch a Ride to the Children’s Advocacy Center of Collin County
Teddy bears are hitching a ride to the Children’s Advocacy Center of Collin County at the annual Teddy Bear Ride. To contribute to this one-of-a-kind fuzzy fundraiser, drop off one or many teddy bears at the CCAR’s Plano Headquarters, 6821 Coit Rd, before Friday, October 27, at 5 p.m. To learn more about he Children’s…
BrokerBay FAQ: Upcoming Changes to Unconfigured Listings
As of September 4, BrokerBay will change how the platform handles unconfigured listings. Take a moment to review BrokerBay’s FAQ on the upcoming change to ensure your listings are ready to show. What is an Unconfigured Listing? An Unconfigured Listing is an active MLS listing, with BrokerBay as the selected showing service, that does not…
National News: REALTORS® Relief Foundation Announces $1.5 Million Relief Grant for Victims of Maui Wildfires
The REALTORS® Relief Foundation announced $1.5 million in disaster relief aid has been made available to Hawaii REALTORS® in support of the REALTORS® Association of Maui after fires recently devastated communities on the Hawaiian island of Maui. Funds will be made available to the public to assist with disaster victims’ housing payments as relief and…