That breeze you feel coming in off Lake Ray Hubbard is the sigh of relief from recent home buyers and sellers. It is no doubt that 2015 will be remembered as one of the hottest real estate markets in North Texas. Single-family residential properties are continuing to sell at record levels. In Garland alone there were 214 houses sold in June which was the highest total for a month over the last five years. In Rowlett, sales are still brisk in Continue Reading
My Thoughts on Buying or Selling A Home in Garland, Rowlett, or Rockwall
It's hard to believe that August is almost behind us. School is starting and yes, real estate demand has continued to be strong. Following are my thoughts as well as some facts on the current residential real estate market in the Garland, Rowlett, and Rockwall areas as we move into September. If you have a real estate question I could help you with, please feel free to call me at (214) 642-1375 or click here to Continue Reading
Follow the Data to Find Your Way Home
Is this the right time to buy? Is this the right time to sell? Well, there is this adage, follow the data to find your way home. Each month, The Research Division of the National Association of REALTORS receives data on existing home sales (single-family, condos, and co-ops) from the local associations and multiple listing services nationwide. The data reveals that the total existing-home sales for June 2015 increased 3.2 percent. Sales Continue Reading
How to Find Your Dream Home
Searching for your dream home can be difficult with so many competing choices all vying for your attention, this is especially true across the Dallas - Fort Worth area. Entering the market with an undefined idea of what you want in a home could land you in one that you grow to dislike, or even grow out of too soon if you aren’t careful. But if you employ the right steps and know as much as you can about the house you want to purchase and live Continue Reading
Garland, Rockwall and Rowlett Residential Real Estate Trends – March 2015
The residential real estate trends for Garland, Rockwall and Rowlett has continued the growth in sales that was seen last year in the Dallas-Fort Worth area. The listing inventory for both Rockwall and Rowlett has remained steady for the first two months of the year. Listing inventory for Garland, however, has declined initially this year, which indicates a tighter supply. This indicates that the market is likely more favorable toward sellers Continue Reading
Garland, Rockwall and Rowlett Residential Real Estate Trends – December 2014
Garland, Rockwall and Rowlett Real Estate Market Commentary | December 24, 2014 The residential real estate trends for Garland, Rockwall and Rowlett indicate a seasonal dip for total sales. Listing inventory is continuing to decline. This decline can also can be attributed to being a seasonal adjustment. What continues to be a positive in the market are not only the low prices at the gas pump (though this has other Continue Reading
What’s Worrying Garland and Rockwall Home Buyers?
Finding a great deal for a home in the current economy can prove to be a daunting task, when considering the primary concerns of home buyers in today’s market. However, many signs are pointing to a strong and growing North Texas housing market, and snagging a great deal is possible. With some preparations and professional advice from a real estate professional, you can navigate the market and get the best deal possible for the property you are Continue Reading
Garland, Rockwall and Rowlett Residential Real Estate Trends – November 2014
Garland, Rockwall and Rowlett Real Estate Market Commentary | November 25, 2014 The residential real estate trends for Garland, Rockwall and Rowlett indicate a slight rise in October for total sales. Listing inventory is continuing to see a decline. This likely has a lot to do with the seasonal aspects of the real estate market for North Texas. What continues to be a positive in the market are the historic low mortgage interest rates Continue Reading
Garland, Rockwall and Rowlett Residential Real Estate Trends
Garland, Rockwall and Rowlett Real Estate Market Commentary The residential real estate trends for Garland, Rockwall and Rowlett indicate a dip in September for total sales and listing inventory. This likely has a lot to do with the seasonal aspects of the real estate market for North Texas. What continues to be a positive in the market are the historic low mortgage interest rates which are currently at an 18-month low. Residential home Continue Reading
Have Area Home Prices Hit Their Peak?
It appears the run-up in Dallas area home prices, in particular Garland, Rowlett, and Rockwall might have hit their peak, at least for the time being. The median sales price in Garland hit a 3-year high in July of $137,000 which appears for now to be it's plateau. Since July, the median sales price has declined -$4,500 to $132,500. Rowlett and Rockwall also hit 3-year highs in May and June respectively. Wylie seems to be the exception for now. Continue Reading