Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Feb. 11, 2019

January 2019 Market Update

 

Well, the first month of 2019 is long gone, and we are well into February!  The real estate market in North Texas showed us a few things and Colby covers that and what he believes to be in store for North Texas in this Market Update.  Click on the picture below:

 

Posted in Market Updates
Jan. 24, 2019

Where is the Housing Market Heading in 2019?

The Real Estate Market is projected to have a GREAT year in 2019! Interest Rates will rise, Price Appreciation starts to slow to more normal levels. Sales of New & Existing Homes will climb as more inventory comes to market!

 

The 30-Year Fixed Interest Rates in 2019 are projected to be at 4.9 in the first quarter, 5.0 in the second, 5.2 in the third, and 5.3 in the fourth. Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes!

 

Home Prices, according to CoreLogic’s Home Price Index, in 2019 will appreciate by 4.8% year-by-year. The historic normal home price appreciation is 3.6%. All four major reporting agencies believe that home sales will outpace 2018.

 

Posted in Market Updates
Jan. 7, 2019

2018 Real Estate Market Recap

2018 is over and we are now into 2019!  I've had many people ask me about how the real estate market did in 2018 as a whole.  There's been a lot of talk about how the market was really hot in the Spring & Summer and it slowed down in the Fall & Winter, let's see what the numbers tell us!

 

Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates