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Are Cash Offers Really King?: Financing in a Residential Transaction

Are Cash Offers Really King?: Financing in a Residential Transaction By Bob Baker, Keller Williams Realty on behalf of CCAR’s REALTOR®/Lender Committee This article addresses financing in a residential transaction, with special attention given to FHA/VA financing. A key concept in a transaction relates to the money that makes up the sales price. A buyer…

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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…

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Attention 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…

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Collin 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%…

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Increased 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…

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Texas 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…

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North 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…

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Median 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…

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Are 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…

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