May 2017

Why Working with a Local Real Estate Professional Makes All the Difference

If you’ve entered the real estate market, as a buyer or a seller, you’ve inevitably heard the real estate mantra, “location, location, location” in reference to how identical homes can increase or decrease in value due to where they’re located. Well, a new survey shows that when it comes to choosing a real estate agent, the millennial generation’s mantra is, “local, local,...

#1 Reason to List Your House for Sale, NOW!

If you are debating listing your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes for Sale  The National Association of REALTORS’ (NAR) Chief Economist Lawrence Yun recently commented on the inventory: “Last month’s dip in closings was somewhat expected given that there was such a strong sales increase in March at 4.2 percent, and...

Inventory Challenges Continue! [INFOGRAPHIC]

Some Highlights: After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories. Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800. New home prices slowed as builders have started to turn their focus toward single family, smaller...

How’s the Real Estate Market? Find Out What the Experts Are Saying

As we head into summer, it is a great time to review how the 2017 real estate market is doing so far. Here is what the experts are saying: Doug Duncan, Fannie Mae Chief Economist “Positive demographic factors should continue to reshape the housing market, as rising employment and incomes appear to be positively influencing millennial homeownership rates.” Diana Olick, CNBC “Even as more homes...

2512 Elk Trail, Plano, TX 75025

Welcome Home to this amazing house nestled in the Hunter's Glen neighborhood in Plano.  This home has it ALL including its exceptional location and award winning Plano ISD schools. This floorplan is  perfect for any family.  Open to the Family Room is the gourmet kitchen featuring granite countertops, 5 burner gas cooktop, ss appliances, double ovens, island, tons of cabinets and a great breakfast bar with seating.  The oversized breakfast area has many windows and a great seating bench too. The Family Room offers hardwood floors, plenty of space and a beautiful stone fireplace.  The Formal Dining Room has crown molding, wainscotting and plenty of light and bright views to the front.

132 Lansdale Drive, McKinney, TX 75070

Amazingly private, East facing, Golf Course Lot home in Frisco ISD. Spectacular curb appeal and pride of ownership shows in this 3 bedroom, 2 bath home from the minute you step inside. Beautiful kitchen boasts 42in cabinets, island, granite, gas cooktop with convection option oven. Large master bedroom offers entry to backyard with a view of the 12th tee box and added treed green space between! Two patios for your enjoyment.  Utility room adds extra counter space and cabinets! Don't miss out on this gem in Fairways of Westridge!

More Americans Chose to Own a Home Than Rent in Q1

According to the latest report from the US Census Bureau, more Americans chose purchasing a home over signing a lease to rent in the first quarter of 2017. This marks the first time since 2006 that the number of new homeowner households outpaced the number of new renter households. Of the 1.22 million new households that were formed in the first quarter, 854,000 were new-owner households making the jump...

Is Now a Good Time to Rent?

People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their 2017 first quarter median rent numbers. Here is a graph showing rent increases from 1988 until today: As you can see, rents have steadily increased and are...

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