CCAR News
Texas Existing-Home Sales, Prices Increase as Inventory Shrinks Faster than Ever
Texas Existing-Home Sales, Prices Increase as Inventory Shrinks Faster than Ever Information Courtesy of Texas Real Estate Research Center at Texas A&M University Texas’ existing-home sales increased 2.5 percent month over month (MOM) to 29,000 transactions in May but remained more than 2,000 sales below peak levels reached at the start of the year. The…
Read MoreAttention Property Managers
Attention Property Managers Are You Ready to Get Better At: Attracting Superior Owners and Tenants Marketing and Leasing Tenant Screening Compliance and Inspection Accounting and Financial Reporting Keeping Current with Hot Topics and Trends Understanding Eviction Procedures Providing Maintenance, Access, and Support If you answered “yes,” then you need to be actively participating with CCAR’s…
Read MoreCollin County Home Prices Continue to Rise with the Summer Heat
Collin County Home Prices Continue to Rise with the Summer Heat The Collin County Association of Realtors (CCAR) reports that in May, Collin County homebuyers continued to pay over list price as they competed for limited homes, raising Collin County’s most popular price point by $200,000. In May, homes remained on the market for 67.9%…
Read MoreIncreased Inventory Fails to Satiate Buyer Demand in Collin County
Increased Inventory Fails to Satiate Buyer Demand in Collin County The Collin County Association of Realtors (CCAR) reports that despite increased new listings, demand continued to drive prices higher in April as homes sold faster and for more money than months prior. While buyers had more new listings to consider in April compared to the…
Read MoreTexas Homebuyers are More Diverse, Earn Higher Incomes Compared to National Average
Texas Homebuyers are More Diverse, Earn Higher Incomes Compared to National Average Information provided by Texas REALTORS® 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…
Read MoreNorth Texas Realtors in Action Foundation Helps Residents Rebuild from February’s Winter Storm
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…
Read MoreMedian Texas home price up 13.4% during first quarter of 2021
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…
Read MoreAre Home Inspections Worth It?
Are Home Inspections Worth It? By Shannon Vizcarra, AmeriSpec Inspection Services DFW and Member of CCAR’s Affiliate Committee 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…
Read MoreIncreasing Your Buyer’s Purchasing Power
Increasing Your Buyer’s Purchasing Power By Eric Gomez, ACE Credit Consulting and Member of CCAR’s REALTOR®/Lender Committee 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…
Read MoreMarch Brings Little Relief to Collin County’s Inventory-Strapped Housing Market
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…
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