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National 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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National News: Existing-Home Sales Slid 5.4% in June

National News: Existing-Home Sales Slid 5.4% in June Existing-home sales dropped for the fifth straight month in June, according to the National Association of REALTORS®. Three out of four major U.S. regions experienced month-over-month sales declines and one region held steady. Year-over-year sales sank in all four regions. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales, completed transactions that include…

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Property Tax Exemptions: Where to Start

Property Tax Exemptions: Where to Start Navigating property taxes and exemptions can be intimidating but it doesn’t have to be! Did you know that your County Appraisal District (CAD) is a great place to get information regarding exemptions specific to your home? Different taxing entities have different tax exemption regulations, which can make knowing what…

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June Provides an Edge for Some Weary Homebuyers

June Provides an Edge for Some Weary Homebuyers The Collin County Association of Realtors (CCAR) reports that homes continued to sell quickly and for more money than one year ago despite an increase in housing inventory. Collin County had 23.8% more new listings in June compared to the year prior (2,590 vs. 2,092), providing homebuyers…

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REALTORS® and Home Inspectors: Relationships Matter

REALTORS® and Home Inspectors: Relationships Matter By Tiffany Ross, Business Development Director and Co-Owner at SiteGuard Inspection Services and member of CCAR’s Affiliate Committee. Traditionally, home inspections primarily serve home buyers and sellers. Thorough inspections give buyers an understanding of any defects the home has (or lack thereof) and give sellers a great tool that…

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Let’s Talk About Home Warranties Post Pandemic

Let’s Talk About Home Warranties Post Pandemic By Julie Altemus, Super Regional Sales Director and member of CCAR’s Affiliate Committee. Perhaps we are finally feeling some reprieve in the competitive real estate market. For home warranty, it has been a challenge as the demand for the highest and best offer meant leaving risks on the…

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4th of July Festivals in Collin County

4th of July Festivals in Collin County The Fourth of July is quickly approching and we want you to be prepared for fun! Thanks to Collin County Moms for taking the time to put together a fun list of things to do this year for the Fourth of July in Collin County. Just like our…

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Rise of the ARM

Rise of the ARM By Marc Starr, NMLS# 230875, Supreme Lending and Member of CCAR’s REALTOR® & Lender Committee “Today’s ARM [Adjustable Rate Mortgage] is not your father’s ARM, and is worthy of being considered. Especially for people who plan on moving or paying off the loan before it resets” -Marc Starr Conventional and Jumbo…

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Finally! Increased Inventory in Collin County

Finally! Increased Inventory in Collin County The Collin County Association of REALTORS® is happy to report increased inventory. However, the long-anticipated headline proved to be lackluster for homebuyers as home prices continued to rise. In May, a 17.6% increase in home inventory had no visible impact on the pace of buyers’ offers. Last month, homes…

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