August 2008

Market Overview for Collin County - July 2008

The Collin County Association of REALTORs® just released the Market Overview for July 2008.

While 2008 sales are down by 21 percent compared to this time in 2007, our market remains stable with sales prices down just six tenths of one percent. Overall we are not seeing an increase in prices but we are not experiencing the decline in sales prices seen in other parts of the country.

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

Realty Revolution LLC Expands Into Cedar Hill, Adds New Agent

Gina and Tom Branch would like to welcome Mary Hernandez into the REALTOR® family at Realty Revolution. Mary has been in the real estate business intermittently over the last 20 years and also has a stock broker license. Mary is a mother and grandmother and enjoys running with her new husband and raising money for charity.

Mary is the second Spanish speaking agent on our staff and she gives Realty Revolution a new presence in the Cedar Hill area, southwest of Dallas. We appreciate Mary’s positive outlook and her desire to help others. Mary can be reached at 214.579.0532 or email to mary.hernandez@realtyrev.com.

Author - Gina Branch

Broker Agent Professional Endorses Tom Branch

Realty Revolution LLC is pleased to announce that Tom Branch, Broker and Designated REALTOR(R), has been endorsed by Broker Agent Professional as their exclusive agent for Plano. Broker Agent Professional is the nation's largest independent real estate trade publication. They hand selected one real estate professional to represent their city/area and is certain to meet the highest expectations. Tom can be reached at 214.227.6626 or via email to tom.branch@realtyrev.com.

Author: Gina Branch

Poll: Homeowners Optimistic About Their Property Values

Homeowners aren't going to let the worst national housing downturn in a generation interfere with their property value expectations.

A survey earlier this week found that asking prices for Dallas-area homes had risen more than 2 percent in the last three months.

Now, a national survey finds that 40 percent of U.S. homeowners think their house is worth more than it was a year ago. And 22 percent more believe their home price is unchanged, according to the poll by online real estate site Zillow.

Poll: Homeowners optimistic about their property values

Source: Dallas Morning News - Steve Brown

I've Never Been Convicted (in Texas)

You can't get a real estate license these days until you provide your fingerprints for a DPS criminal background check.....

I've never been convicted (in Texas)

Source: Teaxas Association of REALTORs(R)

Timeshare Rental Business? Do Your Homework

Timeshare buyers are cautioned about labeling their weeks as investments. Think of it as prepaid vacations, timeshare developers famously say.....

Source: Texas Association of REALTORs(R)