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Collin 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…

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Texas 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…

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Higher 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…

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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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