How to Get the Stats you Need On-Demand
CCAR strives to provide the tools and resources you need to succeed. As part of that effort, we have created and curated a collection of training items so that you can take full advantage of the on-demand data sources available to you. Accessing On-Demand Data Sources NTREIS Trends 5-Minute Overview In-Depth Video Tutorial PDF User…
What You Need to Know About Single Premium Mortgage Insurance
By Mickey Lynam (NMLS 974623), First Horizon, Member of CCAR’s REALTOR®/Lender Committee What is Mortgage Insurance? Typically, borrowers making a down payment of less than 20% of the purchase price of the home will need to purchase mortgage insurance. This insurance policy protects the lender in case the borrower stops making payments. Single Premium…
Homebuyers and Sellers Look to REALTORS® to Navigate Hot Texas Real Estate Market
Today, Texas REALTORS® released the 2022 Texas Homebuyers and Sellers Report, providing in-depth insights into the demographics, motivations and opinions of Texas homebuyers and sellers who had a real estate transaction between July 2020 and June 2021. The report also outlines information related to Texas real estate consumers’ income, ethnicity, age and perceptions of the homebuying and…
Investor Beware: What REALTORS® and Investors Need to Know
By Amy Karns, Property Manager at A Plus Management, Real Estate Broker, and Member of CCAR’s Property Management Committee The DFW area continues to be a hot market for investors. While this is exciting news for most REALTORS®, there are a couple of areas to watch out for. Acquiring a property with a tenant…
On-Demand Data Sources Replace Pulse Reports
CCAR takes dues money seriously and strives to put it to good use. After careful evaluation, we have found additional market data sources provide the same data obtained through the Pulse, and more. In the coming days we will provide training via videos, documents, and personalized support to ensure you have the tools and resources…
Out-of-State Movers Not to Blame for Surging Texas Home Prices
Increased migration to Texas, particularly from higher-income states like California, has prompted concerns of diminished housing affordability as newcomers search and compete for housing. However, new analysis by the Texas Real Estate Research Center (TRERC) indicates migration patterns offer little explanation for the recent runup in home prices. “There is essentially no correlation between Texas’…
Limited Inventory and High Demand Set Collin County Housing Trajectory
The Collin County Association of Realtors (CCAR) reports that buyers continued to pay more for homes in February as they competed for limited inventory. In February, homes went under contract in 22 days for 106.1% of their original list price on average. At the closing table, home buyers paid a median sales price of $475,000,…
Texas Home Sales and Median Price Reach an All-Time High in 2021
For the seventh year in a row, the number of Texas home sales and median price hit a record-breaking high, according to the 2021 Texas Real Estate Year in Review report released today by Texas REALTORS®. “2021 was an exciting year for Texas real estate,” said Russell Berry, 2022 chairman of Texas REALTORS®. “Demand for…
Get Help Navigating the March 1 Matrix Updates, Register for CCAR’s Free 1-Hour Course
If you would like help navigating the March 1 changes to Matrix, join us for a free, one hour, non-CE class “Updates to Matrix MLS System Effective March 1”. This class will take place virtually and provide an overview of the major changes, field name changes, new fields, and search changes that went into effect…
Peace, Love, and Security
By Brenda Franks, Business Development Manager of Big D Key, LLC and member of CCAR’s Affiliate Committee In these crazy times, we all could use some peace of mind. Uncertainty is part of life, but lately its taken a more active role for most of us. It’s hard to know what will come next and…