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National News: Pending Home Sales Grew for Third Straight Month, Up 0.8% in February

National News: Pending Home Sales Grew for Third Straight Month, Up 0.8% in February Pending home sales grew in February for the third consecutive month, according to the National Association of REALTORS®. Three U.S. regions posted monthly gains, while the West declined. All four regions saw year-over-year decreases in transactions. The Pending Home Sales Index (PHSI)*…

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Volume & Value of 30-Year Fixed-Rate Mortgages Increase Despite Higher Interest Rates

Volume & Value of 30-Year Fixed-Rate Mortgages Increase Despite Higher Interest Rates Business activity increased across Texas’ residential mortgage market for the second straight month in February, according to the latest Texas Residential Mortgage Survey (TRMS). Despite interest rates bouncing up after a fourth-quarter decline, the volume and average value of 30-year fixed-rate mortgages accelerated…

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Announcing CCAR TRLP Class XV

Announcing CCAR TRLP Class XV Please join us in congratulating these Greater Collin County Area REALTORS® on their acceptance into the 2023 Texas REALTORS® Leadership Program (TRLP) Class XV.  They were nominated, accepted, and now begin their journey to becoming part of an elite group of real estate leaders. Click here to learn more. Brad Benat…

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Contract Changes and Homeowners Associations

Contract Changes and Homeowners Associations Written by Ryan Jeffrey with Republic Title and Member of CCAR’s Affiliate Committee In November 2022, the Texas Real Estate Commission adopted form revisions recommended by the Texas Real Estate Broker-Lawyer Committee that became mandatory on February 1, 2023. One of the areas that we often get questions about relates…

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1031 Exchanges – Basic Rules and Key Information

1031 Exchanges – Basic Rules and Key Information Written By: Whitney Nash, President/CEO/Qualified Intermediary at Above & Below 1031 LLC and Member of CCAR’s Affiliate Committee. As a client’s trusted advocate throughout a real estate transaction, real estate agents are likely to receive questions about 1031 exchanges or may recognize that a client might benefit…

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Can Title Monitoring Services Really Prevent Someone from Stealing Your House?

Can Title Monitoring Services Really Prevent Someone from Stealing Your House? Co-Authored by Melanie Chaiken and Jennifer Kuczaj with Allegiance Title (Frisco and Plano locations) Over the past few years, there has been an abundance of television, radio, and social media ads from several companies proclaiming the same frightening message: Fraudsters are trying to steal…

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National News: Existing-Home Sales Dipped 7.7% in November

National News: Existing-Home Sales Dipped 7.7% in November Existing-home sales declined for the tenth month in a row in November, according to the National Association of REALTORS®. All four major U.S. regions recorded month-over-month and year-over-year declines. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – waned 7.7% from October…

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Your 2023 NTREIS Line-Up

Your 2023 NTREIS Line-Up In 2023, you will notice an increase in your quarterly MLS fees. This increase reflects a rise in NTREIS fees that will be billed and collected by CCAR and distributed to NTREIS on your behalf. As technology advances, it is a priority of NTREIS that subscribers have access to technology tools…

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Why are Home Insurance Rates so High?

Why are Home Insurance Rates so High? Written By: Barney Schwartz, SVP at Assured Partners and Member of CCAR’s REALTOR® and Lender Committee Have you reviewed your home insurance policy lately? Is it adequately insured to rebuild your house given today’s marketplace with high costs for supplies and shortages of labor? Many insurance companies are…

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Mortgage Brokers Can Help You Win in 2023

Mortgage Brokers Can Help You Win in 2023 Written By Ben Strube, Owner of Mortgage on a Mission and Member of CCAR’s Affiliate Committee. How do you create a referral-based business as a REALTOR®? How do we build a business, focus on doing great work for our clients, and have our phone ring with the…

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