Market Trends
April 2021 Real Estate Rundown
April 2021 Real Estate Rundown The Collin County housing stats for April 2021 are in, click below to see the most current data. Categories CCAR Events CCAR News Government Affairs Lone Star Homes Market Trends North DFW Real Producers Magazine Professional Development Spotlight Uncategorized Archives Archives Select Month December 2024 November 2024 October 2024 September…
Read MoreIncreased Inventory Fails to Satiate Buyer Demand in Collin County
Increased Inventory Fails to Satiate Buyer Demand in Collin County The Collin County Association of Realtors (CCAR) reports that despite increased new listings, demand continued to drive prices higher in April as homes sold faster and for more money than months prior. While buyers had more new listings to consider in April compared to the…
Read MoreThe Appraisal Light is Shining at the End of the Tunnel
The Appraisal Light is Shining at the End of the Tunnel By Vaughn Kerkorian, Kerkorian Residential Appraisals and Member of CCAR’s REALTOR®/Lender Committee Due to low interest rates, lack of inventory, and overwhelming buyer demand, the spring 2021 market has seen unprecedented multiple offer situations up to and exceeding 20% or higher than the current…
Read MoreTexas Homebuyers are More Diverse, Earn Higher Incomes Compared to National Average
Texas Homebuyers are More Diverse, Earn Higher Incomes Compared to National Average Information provided by Texas REALTORS® Texas homebuyers are more diverse, while also earning higher incomes compared to national homebuyers, according to the 2021 Texas Homebuyers and Sellers Report released by Texas REALTORS®. The annual report provides in-depth insights into the demographics, motivations and opinions of Texas…
Read MoreMedian Texas home price up 13.4% during first quarter of 2021
Median Texas home price up 13.4% during first quarter of 2021 The median sales price of homes in Texas reached $274,300 in the first quarter this year, an increase of 13.4% over the same period last year, according to the 2021-Q1 Texas Quarterly Housing Report released today by Texas REALTORS®. “The demand for housing in Texas remained strong…
Read MoreMarch Brings Little Relief to Collin County’s Inventory-Strapped Housing Market
March Brings Little Relief to Collin County’s Inventory-Strapped Housing Market The Collin County Association of Realtors (CCAR) reports that new listings significantly increased in March 2021, yet not enough to provide relief for Collin County’s inventory-strapped housing market. In March, 14.1% fewer homeowners listed their home than the year prior (1,663 vs. 1,936). However, it’s…
Read MoreCollin County’s Housing Market Far from Balanced One Year into the Pandemic
Collin County’s Housing Market Far from Balanced One Year into the Pandemic The Collin County Association of Realtors (CCAR) reports that the pandemic has left the Collin County housing market far from balanced, as new listings remain low and demand for area homes continues to increase. In February, 39.6% fewer homeowners listed their home than…
Read MoreTexas Remains Second in the Nation for Relocation Activity in 2019
Texas Remains Second in the Nation for Relocation Activity in 2019 Texas ranked second in the nation for relocation activity in 2019, according to the 2021 edition of the Texas Relocation Report released by Texas REALTORS®, which analyzes the latest available migration data from the U.S. Census Bureau and U-Haul. “Once again, Texas welcomed more than half…
Read MoreNew Listings Stall While Homebuyers’ Demand Continues
New Listings Stall While Homebuyers’ Demand Continues The Collin County Association of Realtors (CCAR) reports that Collin County residents were just as motivated to list their home in December as the year prior, while homebuyers’ appetite for area homes increased. Relatively the same number of homeowners listed their home last month as in December 2019…
Read MoreHow Low Can it Go? Collin County’s Housing Market Had 1.1 Months’ Supply of Homes in November
The Collin County Association of Realtors (CCAR) reports that, in November, Collin County’s housing inventory indicated that it would be completely sold out in 1.1 months if the 12-month average sales rate continued. This data point, referred to as the months’ supply of homes, was 62.5% less in November 2020 compared to the same time…
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