Lone Star Homes
Why are Home Insurance Rates so High?
Why are Home Insurance Rates so High? Written By: Barney Schwartz, SVP at Assured Partners and Member of CCAR’s REALTOR® and Lender Committee Have you reviewed your home insurance policy lately? Is it adequately insured to rebuild your house given today’s marketplace with high costs for supplies and shortages of labor? Many insurance companies are…
Read MoreMortgage Brokers Can Help You Win in 2023
Mortgage Brokers Can Help You Win in 2023 Written By Ben Strube, Owner of Mortgage on a Mission and Member of CCAR’s Affiliate Committee. How do you create a referral-based business as a REALTOR®? How do we build a business, focus on doing great work for our clients, and have our phone ring with the…
Read MoreMortgage Rates Rise by 0.50% Since June. Here is What Your Buyers Paying an Extra $120/Month Need to Hear From You.
Mortgage Rates Rise by 0.50% Since June. Here is What Your Buyers Paying an Extra $120/Month Need to Hear From You. Written by Ben Strube, Owner of Mortgage on a Mission and Member of CCAR’s REALTOR® & Lender Committee. Don’t let headlines scare your buyers away. While mortgage rates have risen, plenty of lenders offer…
Read MoreNational News: Existing-Home Sales Slipped 0.4% in August
National News: Existing-Home Sales Slipped 0.4% in August Existing-home sales experienced a slight dip in August, marking the seventh consecutive month of declines, according to the National Association of REALTORS®. Month-over-month sales varied across the four major U.S. regions as two regions recorded increases, one was unchanged and the other posted a drop. On a…
Read MoreCollin County Home Sellers Open to Negotiation
Collin County Home Sellers Open to Negotiation CCAR reports that home sellers were open to negotiation in August and accepted offers for less than their original list price for the first time since January 2021. In August, Collin County homes remained on the market for 24 days on average and sold for 97.9% of the…
Read MoreNational News: Pending Home Sales Slipped 1.0% in July
National News: Pending Home Sales Slipped 1.0% in July Pending home sales declined for the second consecutive month in July, and for the eighth time in the last nine months, according to the National Association of REALTORS®. Three out of four major regions registered month-over-month decreases, though the West notched a minor gain. Year-over-year, all…
Read MoreCollin County Market Moves in a New Direction
Collin County Market Moves in a New Direction The Collin County Association of Realtors (CCAR) reports the Collin County housing market may be moving in a new direction as home inventory increased despite fewer new listings in July, possibly due to slowed buyer demand. In July, 4.1% fewer homes entered the market compared to the…
Read MoreTexas REALTORS® Wants You to Know Your Taxes
Texas REALTORS® Wants You to Know Your Taxes Proposed tax rates have been published and now is the time to get engaged in setting property tax rates! Step 1: Check out KnowYourTaxes.org to find your county’s specific information and how the proposed rates impact you. Step 2: Attend local meetings in person or comment online…
Read MoreHigher Mortgage Interest Rates Hurting Texas Housing Affordability
Higher Mortgage Interest Rates Hurting Texas Housing Affordability Texas housing overall is still affordable. However, higher mortgage interest rates are contributing to declining housing affordability statewide, according to a new report from the Texas Real Estate Research Center (TRERC) at Texas A&M University. “A popular metric developed by TRERC and deployed by industry groups depicts…
Read MoreNational News: Pending Home Sales Fell 8.6% in June
National News: Pending Home Sales Fell 8.6% in June Pending home sales decreased in June, following a slight increase in May, according to the National Association of REALTORS®. All four major regions posted month-over-month and year-over-year pullbacks, the largest of which occurred in the West. The Pending Home Sales Index (PHSI),* www.nar.realtor/pending-home-sales, a forward-looking indicator of…
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