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2021 President’s Report from Ron Leach

2021 President’s Report from Ron Leach So many things have happened during my presidency this year. Please bear with me, as I highlight items that I feel you would most like to hear about. One of the largest accomplishments this year was ensuring that REALTORS® were still able to conduct business during the COVID-19 lockdown.…

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NAR Profile of Home Buyer and Sellers Draws National Media

NAR Profile of Home Buyer and Sellers Draws National Media The National Association of REALTORS® released its 2021 Profile of Home Buyers and Sellers, garnering coverage in a wide range of national media outlets, including The Wall Street Journal, Realtor.com®, and MarketWatch. The annual report covers demographics, preferences, and experiences of buyers and sellers across…

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Is the Texas Housing Frenzy Over?

Is the Texas Housing Frenzy Over? Housing market indicators are signaling the Texas housing frenzy is over, says a research economist for the Texas Real Estate Research Center at Texas A&M University. “Both housing sales growth and housing price growth have peaked and are slowing,” said Dr. Luis Torres. “In addition, months of inventory, listings,…

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Texas Home Sales Decrease, Median Price Rises in Third Quarter of 2021

Texas Home Sales Decrease, Median Price Rises in Third Quarter of 2021 Texas REALTORS® releases 2021-Q3 edition of the Texas Quarterly Housing Report The Texas housing market slowed slightly following a strong summer sales season, according to the 2021-Q3 Texas Quarterly Housing Report released today by Texas REALTORS®. The number of homes sold across the state declined 3.5%…

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Pending Home Sales Dip 2.3% Nationally in September

Pending Home Sales Dip 2.3% Nationally in September Pending home sales dipped in September, retreating slightly following a previous month of growth, according to the National Association of Realtors®. Each of the four major U.S. regions saw contract activity decline month-over-month and year-over-year, with the Northeast weathering the largest yearly drop. The Pending Home Sales…

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Who Can Perform Property Management Services

Who Can Perform Property Management Services By Lee Warren, Prospect Inspectors, Inc., Professional Inspector License #8411 and member of CCAR’s Property Management Committee One of the most common complaints submitted to the Texas Real Estate Commission (TREC) is in relation to property management. TREC requires that license holders must be competent in the field in…

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