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!

May 13, 2020

April 2020 Market Updates

Last month we saw that the 1st Quarter 2020 numbers were STRONG.......what did April's numbers reveal to us? It might be different than what you think!



If you'd like more information on any of the areas discussed in the video, or if you want information on an area not discussed, please email Colby to get your personalized market update!


Posted in Market Updates
May 12, 2020

Today's Homebuyers Want Lower Prices. Sellers Disagree


Today’s Homebuyers Want Lower Prices. Sellers Disagree. | MyKCM

The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s even sparking some buyers to search for a better deal on a home. Sellers, however, aren’t offering a discount these days; they’re holding steady on price.

According to the most recent NAR Flash Survey (a survey of real estate agents from across the country), agents were asked the following two questions:

1. “Have any of your sellers recently reduced their price to attract buyers?”

Their answer: 72% said their sellers have not lowered prices to attract buyers during this health crisis. 

2. “Are home buyers expecting lower prices now?”

Their answer: 63% of agents said their buyers were looking for a price reduction of at least 5%.Today’s Homebuyers Want Lower Prices. Sellers Disagree. | MyKCM

What We Do Know  

In today’s market, with everything changing and ongoing questions around when the economy will bounce back, it’s interesting to note that some buyers see this time as an opportunity to win big in the housing market. On the other hand, sellers are much more confident that they will not need to reduce their prices in order to sell their homes. Clearly, there are two different perspectives at play.

Bottom Line

If you’re a buyer in today’s market, you might not see many sellers lowering their prices. If you’re a seller and don’t want to lower your price, you’re not alone. If you have questions on how to price your home, let’s connect today to discuss your real estate needs and next steps.

April 11, 2020

1st Qtr 2020 Market Update - North Texas

We just wrapped up the 1st quarter for 2020 in the North Texas Real Esate how's things going? Are the numbers good or bad?!



For more information about the data discussed, or for a more in-depth analysis on your property, please reach out to Colby at 903.818.6452 or email

Posted in Market Updates
March 12, 2019

February 2019 Market Update


After January's slow start, we did see some improvements in several counties in the north Texas area.  Number of homes sold is still down across the board, however, we did see improvements in median sales prices as well as a reduction of inventory, which tells us we're still in a seller's market.  Colby goes over the numbers in the video below!  If he didn't cover an area that you're interested in, or if you want to see a specific city/neighborhood, reach out to him at today!


Posted in Market Updates
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?

Receive the Latest Local Market Stats

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!

Get Local Market Reports Sent Directly to You

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