Market Trends
December 2023 Hot Gift Guide: A New Home
December 2023 Hot Gift Guide: A New Home Collin County Area Realtors (CCAR) reports that Collin County’s home sales surged in December as homes went under contract and closed faster than the year prior. In December, 16.6% more homes went under contract than the previous year, going under contract in 50 days, four fewer…
Read MoreCheers to Your Plateau
Cheers to Your Plateau Collin County Area Realtors (CCAR) reports that Collin County’s housing inventory may be nearing a new normal as inventory and days on the market remained flat compared to the year prior. In November, the inventory of homes for sale in Collin County remained unchanged, with 2.4 Months Supply of Homes for…
Read MoreSoftening Home Prices Fueled September Home Sales
Softening Home Prices Fueled September Home Sales Collin County Area Realtors (CCAR) reports that softening home prices fueled home sales in September despite reduced inventory. Even with limited supply, sellers remained negotiable as homes took an average of 38 days to go under contract and sold for 96.5% of the original listing price. As a…
Read MoreCollin County Buyers Navigate Unchanged Inventory
Collin County Buyers Navigate Unchanged Inventory The Collin County Association of Realtors (CCAR) reports that despite a year of interest rate hikes, the area’s inventory remained unchanged thanks to the county’s enduring appeal for buyers, coupled with limited new listings, which has contributed to a dynamic market that showcases both challenges and opportunities. In July,…
Read MoreCollin County Housing Market Shows Strong Opportunities for Savvy Buyers
Collin County Housing Market Shows Strong Opportunities for Savvy Buyers The Collin County Association of Realtors (CCAR) reports that in a market where the winds of change are blowing, savvy buyers in Collin County are seizing the moment as sellers receive 98.3% of the original list price in June 2023—a bold shift from homes selling…
Read MoreCollin County Median Home Price Declines as Homes Sales Increase
Collin County Median Home Price Declines as Homes Sales Increase The Collin County Association of Realtors (CCAR) reports that the fifth month of 2023 continued the year’s 5-month trend of increased closed sales as the county’s median home price trended downward. In May 2023, homes under contract increased by 21.4% from May 2022, while the…
Read MoreCollin County Housing Market Sees Increase in Homes Under Contract, Decrease in New Listings and Median Sales Price
Collin County Housing Market Sees Increase in Homes Under Contract, Decrease in New Listings and Median Sales Price The Collin County Association of Realtors (CCAR) reports that the housing market throughout the county showed promising signs in April 2023, with an increase in homes under contract and a rise in homes for sale. However, according…
Read MoreMajority of Agents, Brokers Find Value in Promoting Energy Efficiency in Listings, According to NAR Report
Majority of Agents, Brokers Find Value in Promoting Energy Efficiency in Listings, According to NAR Report A majority (63%) of agents and brokers said promoting energy efficiency in listings is very or somewhat valuable, according to a new report from the National Association of Realtors®. The 2023 REALTORS® and Sustainability Report – Residential examines sustainability…
Read MoreMiddle-Income Homeowners in Dallas-Fort Worth-Arlington Gained More Than $167,560 in Wealth Over the Past Decade from Home Appreciation
Middle-Income Homeowners in Dallas-Fort Worth-Arlington Gained More Than $167,560 in Wealth Over the Past Decade from Home Appreciation New data from the National Association of Realtors® reveal middle-income homeowners in Dallas-Fort Worth-Arlington, TX accumulated $167,560 in wealth as their homes appreciated over the last 10 years. The data, which was featured prominently in NAR’s new…
Read MoreTexas Mortgage Market Optimistic as Home-Purchase Originations Rebound
Texas Mortgage Market Optimistic as Home-Purchase Originations Rebound Mortgage-interest rates dipped lower in March, leading to increased business activity and an improved outlook across Texas’ residential mortgage market, according to the latest Texas Residential Mortgage Survey (TRMS). The volume and average value of home-purchase originations continued to rebound from last year’s contraction, and additional growth…
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