Lone Star Homes
Collin County Home Buyers Paid 108.5% of the Original List Price in March
Collin County Home Buyers Paid 108.5% of the Original List Price in March The Collin County Association of Realtors (CCAR) reports that home prices continued to rise in March while inventory remained problematic throughout the county. In March, homes went under contract in 22 days for 108.5% of their original list price on average. At…
Read MoreWhat You Need to Know About Single Premium Mortgage Insurance
What You Need to Know About Single Premium Mortgage Insurance By Mickey Lynam (NMLS 974623), First Horizon, Member of CCAR’s REALTOR®/Lender Committee What is Mortgage Insurance? Typically, borrowers making a down payment of less than 20% of the purchase price of the home will need to purchase mortgage insurance. This insurance policy protects the…
Read MoreOut-of-State Movers Not to Blame for Surging Texas Home Prices
Out-of-State Movers Not to Blame for Surging Texas Home Prices Increased migration to Texas, particularly from higher-income states like California, has prompted concerns of diminished housing affordability as newcomers search and compete for housing. However, new analysis by the Texas Real Estate Research Center (TRERC) indicates migration patterns offer little explanation for the recent runup…
Read MoreLimited Inventory and High Demand Set Collin County Housing Trajectory
Limited Inventory and High Demand Set Collin County Housing Trajectory The Collin County Association of Realtors (CCAR) reports that buyers continued to pay more for homes in February as they competed for limited inventory. In February, homes went under contract in 22 days for 106.1% of their original list price on average. At the closing…
Read MoreTexas Home Sales and Median Price Reach an All-Time High in 2021
Texas Home Sales and Median Price Reach an All-Time High in 2021 For the seventh year in a row, the number of Texas home sales and median price hit a record-breaking high, according to the 2021 Texas Real Estate Year in Review report released today by Texas REALTORS®. “2021 was an exciting year for Texas…
Read MoreJanuary 2022 Real Estate Rundown
January 2022 Real Estate Rundown Get the latest stats and numbers for the January 2022 market in Collin County here. Categories CCAR Events CCAR News Government Affairs Lone Star Homes Market Trends North DFW Real Producers Magazine Professional Development Spotlight Uncategorized Archives Archives Select Month January 2025 December 2024 November 2024 October 2024 September 2024…
Read MoreHas Texas’ Land Rush Run its Course?
Has Texas’ Land Rush Run its Course? A year in which Texas rural land sales reached unprecedented highs ended with a surprising slowdown. Total land sales for 2021 surpassed 2020 by 17.8 percent. That was despite a fourth quarter with 953 fewer sales than the same period of 2020. “There were 9,055 Texas land sales…
Read MoreOld Phones May No Longer Connect To 911
Old Phones May No Longer Connect To 911 We would like to thank the McKinney Police Department for making the public aware that soon phone carriers will be removing 3G networks from use. This means most older phones and tablets may no longer connect to 9-1-1. We encourage everyone to contact their network provider to…
Read More11 Essential Packing Supplies You’ll Need to Make Moving Day Easier
11 Essential Packing Supplies You’ll Need to Make Moving Day Easier By Francey Beall of Fantastic Moves and Member of CCAR’s Affiliate Committee It’s not surprising that moving is considered one of life’s most stressful events. After all, you need to pack up pretty much all your possessions and it has to get done by…
Read More“Less Extreme” May be the Extent of Seasonal Trends for Collin County Housing Market
“Less Extreme” May be the Extent of Seasonal Trends for Collin County Housing Market The Collin County Association of Realtors (CCAR) reports that housing market trends seen throughout the pandemic continued in November—yet, like the rest of us, slowed slightly for turkey. In November, Collin County had 5.4% fewer new listings enter the market (1,077…
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