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Saturday, June 21, 2008
What Not To Do
Maybe you’ve just gotten married. Maybe you got a raise … or maybe
you’re just plain sick of renting. Whatever the case, you’ve decided
that it’s time to buy a house. You’ll be given all kinds of advice and
pointers about what you should do and how you should do it, but there
are things you shouldn’t do that are equally important...
What
Not To Do
Source: Texas Association of REALTORs(R)
Wednesday, June 18, 2008
Can I End My Listing Early?
Dear George: Can I end my listing early if I no longer want to
sell?.......
Ask
George and Chuck
Source: Texas Association of REALTORs(R)
Tuesday, June 17, 2008
Market Overview for Collin County - May 2008
The Market Overview for Collin County for May 2008 is now available. The real estate market in Collin County remains stable.
New listings continue to come on the market but we are still down by almost 20 percent over 2007. This is not a bad indicator if you have a property on the market. Fewer new listings mean less competition. We have seen a steady increase in new listings over the past 90 days which is typical of the late Spring, early Summer cycle.
The days-on-market remains stable at about 82 days. This is up by almost 24% over 2007.
Click on the Market Overview Logo below to see the complete summary.
This report is compiled from data in the North Texas Real Estate Information System (NTREIS). NTREIS is the provider of the Multiple Listing Service (MLS) for all of North Texas including Collin County. If you would like more detail or want to see the data for a specific city, please email me and I will be happy to send you the data.
Source: Collin County Association of REALTORs(R) with commentary by Tom Branch
Tuesday, June 10, 2008
Texas Real Estate Positively Defiant
Texas is known for being stubbornly different. Rightfully so. As it turns out, this reputation holds true for real estate, too.
For some time now, headlines have spelled doom and gloom for real estate and the economy. The housing bubble. The subprime mess. We’ve all had a steady dose of extreme examples from the left and right coasts. Meanwhile, though, Texas has been quietly chugging along, in many cases running counter to national trends and even defying conventional logic...
Texas real estate positively defiant
Source: Texas Association of REALTORs(R) - Amy Lemen
Monday, June 09, 2008
Report: U.S. Pending Home Sales Move Higher
NEW YORK – An industry group says pending homes sales unexpectedly increased in April to the highest reading since October, but are still off more than 13 percent from a year ago.
The National Association of Realtors said Monday its seasonally adjusted index of pending sales for existing homes rose to 88.2 from a March reading of 83.0, the index's low. The index stood at 101.5 in April 2007.
Wall Street economists polled by Thomson/IFR had predicted the index would remain steady at 83.
A reading of 100 is equal to the average level of sales activity in 2001, when the index started.
Report: U.S. Pending Home Sales Move Higher
Source: AP via The Dallas Morning News
Wednesday, June 04, 2008
Selling A Vacant House
So you’ve accepted your new job and have moved on to your new life in a different city.
The only problem is that your previous house hasn’t sold yet and now you’re faced with the prospect of selling a vacant house—a sure way to look desperate, lose money, and ensure the place languishes on the market, right? Not necessarily. There are steps you can take to make your house more appealing and marketable, even though it’s—gasp—unoccupied...
Source: Texas Association of REALTORs(R)