Market Trends
Who is the 800lb Gorilla in Government Affairs?
Who is the 800lb Gorilla in Government Affairs? This article was originally published June 2019 in North DFW Real Producers Magazine The only source of light at 4:30 a.m. on March 26 was the Coit Road streetlights and the Collin County Association of Realtors (CCAR) headquarters. While the rest of the world slept, the CCAR headquarters…
Read MoreA Favorable County Paired with Favorable Lending Promotes Homes Sales in July 2019
A Favorable County Paired with Favorable Lending Promotes Homes Sales in July 2019 PLANO, Texas — The Collin County Association of Realtors (CCAR) reports that, despite June 2019’s fizzle, home sellers listed their homes and found amicable buyers at an increasing rate in July 2019. July 2019 had 1.6% more new listings, 6.2% more listings…
Read MoreJune Bucks the Real Estate Market Trends of 2019
June Bucks the Real Estate Market Trends of 2019 The Collin County Association of Realtors (CCAR) reports that June brought many of 2019’s upward trends to a halt, while still delivering the highest median sales price ever reported by the CCAR Pulse. Throughout 2019, sellers have listed their homes at a growing rate, increasing 43%…
Read MoreIs Collin County the Tortoise or the Hare?
Is Collin County the Tortoise or the Hare? PLANO, Texas — The Collin County Association of Realtors (CCAR) reports that slow and steady really does win the race as slow growth rewarded sellers with record-breaking profits and buyers with increased ability to purchase their home along with strikingly high inventory levels in May 2019. Seller’s…
Read MoreCollin County Job Growth Secures a Seller’s Market
Collin County Job Growth Secures a Seller’s Market PLANO, Texas — The Collin County Association of Realtors (CCAR) reports that while some real estate markets across Texas are approaching a plateau, Collin County is not one of them. In April 2019, the CCAR Pulse area had 16.3% more projected closed sales than April 2018; continuing…
Read MoreMarch Home Sales Provided a “Happily Ever After” for Both Buyers and Sellers in 2019
March Home Sales Provided a “Happily Ever After” for Both Buyers and Sellers in 2019 PLANO, Texas — The Collin County Association of Realtors (CCAR) reports that buyers and sellers hit their stride in March 2019, resulting in more projected closed sales, fewer days on the market, and an increase in percent of original listing…
Read MoreWinter’s Chilly Sales Pace Is Beginning to Warm Up
Winter’s Chilly Sales Pace Is Beginning to Warm Up PLANO, Texas — The Collin County Association of Realtors (CCAR) reports that while the Collin County real estate market has had a slow winter, the promise of spring began to force its way through in February. “Both buyers and sellers experienced positive outcomes in February. Sellers…
Read MoreA New Year With New Challenges: A Lender’s Look at The Year Ahead
A New Year With New Challenges: A Lender’s Look at The Year Ahead By Alexandra Swan (NMLS 117371), Willowbend Mortgage, Member of CCAR’s REALTOR®/Lender Committee Happy New Year! It’s hard to believe that the holidays have come and gone and a new year is upon us. Both the REALTOR® and Lender communities experienced challenges in 2018,…
Read MoreHome Affordability in Collin County and Surrounding Area Remains at All-Time Low
Home Affordability in Collin County and Surrounding Area Remains at All-Time Low The Collin County Association of Realtors (CCAR) reports that November 2018 continued to be a difficult time to qualify for the purchase of a home. According to the Housing Affordability Index, the October 2018 drop of home affordability did not improve in November,…
Read MoreCollin County Housing Market Approaching Balance; Still Better to Be a Seller
Collin County Housing Market Approaching Balance; Still Better to Be a Seller The Collin County Association of Realtors (CCAR) reports that the real estate market continues to favor sellers, but if trends continue, North Texas may soon find itself in a more balanced market. Over the past 12 months, median sales price has increased 1.5…
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