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Sellers More Negotiable on Price: Imperative Buyers Hire Agents Equipped to Handle Changing Market

By bri@ccar.net | January 22, 2019

PLANO, Texas — The Collin County Association of Realtors (CCAR) reports that sellers were more motivated to sell and negotiate in December than the area has experienced since 2013. On average, sellers accepted 5.1% less than their original listing price in December 2018. Despite sellers’ willingness to negotiate on sales price, accompanying stats indicate Collin…

A New Year With New Challenges: A Lender’s Look at The Year Ahead

By bri@ccar.net | January 4, 2019

By Alexandra Swan (NMLS 117371), Willowbend Mortgage, Member of CCAR’s REALTOR®/Lender Committee Happy New Year!  It’s hard to believe that the holidays have come and gone and a new year is upon us. Both the REALTOR® and Lender communities experienced challenges in 2018, and as we roll into January those challenges will continue. The FED is…

Home Affordability in Collin County and Surrounding Area Remains at All-Time Low

By bri@ccar.net | January 2, 2019

The Collin County Association of Realtors (CCAR) reports that November 2018 continued to be a difficult time to qualify for the purchase of a home. According to the Housing Affordability Index, the October 2018 drop of home affordability did not improve in November, and remained at 97 percent. This means that the median household income…

Customer Service is The Way of the Future

By bri@ccar.net | December 3, 2018

The National Association of REALTORS® (NAR) officially launched a new program aimed at making you more successful. Aptly named “The Commitment to Excellence” (C2EX), the program scores and rewards agents who exhibit excellence and professionalism to their clients, and is completely free to NAR/CCAR members. The C2EX is a “cutting-edge program that empowers REALTORS® to…

Collin County Housing Market Approaching Balance; Still Better to Be a Seller

By bri@ccar.net | November 26, 2018

The Collin County Association of Realtors (CCAR) reports that the real estate market continues to favor sellers, but if trends continue, North Texas may soon find itself in a more balanced market. Over the past 12 months, median sales price has increased 1.5 percent to $301,500, which is 6 percent less of an increase than…

What Starbucks Holiday Cups Mean to You

By bri@ccar.net | November 19, 2018

Starbucks has a new seasonal cup out, and that means something major for you. It’s time to plan and execute your winning winter marketing strategy. Need some fresh ideas? We have compiled a list of fun and effective ways to reach your clients and make your name one they will remember all the way to…

Giving Thanks: An Optimistic Overview of Market Conditions

By bri@ccar.net | November 7, 2018

By Alexandra Swan (NMLS 117371), Willow Bend Mortgage, and member of CCAR’s Realtor/Lender Committee Give thanks! Here in DFW, we in the real estate community (and all related industries) have a lot to celebrate this Thanksgiving season. And while a cooling market and rising interest rates may seem to some like the beginning of the apocalypse,…

Phased Inspections: A Crucial Step in the Purchase of a New Home Build

By bri@ccar.net | October 22, 2018

By Lee Warren, Prospect Inspectors, Inc. (License #8411), and member of CCAR’s Affiliate Committee It has become obvious in the last few years that the DFW Metroplex is growing in vast numbers. With this substantial growth, there is also the inevitable demand for new houses. Many people have the perception that new homes have no deficiencies. Many…

Know Your Financing Options/Outcomes for Taking Cash Out of an Existing Property

By bri@ccar.net | October 14, 2018

By Tracy Walden (NMLS 1048123), Great Western Home Loans, and Member, CCAR’s REALTOR®/Lender Committee There are so many reasons for getting a cash-out refinance and many different types of loans. Reasons to get a cash-out might include: Adding a pool or doing some home improvements. Fixing up a home prior to selling it and taking…

Bank Statement Loans and How They Benefit Your Clientele

By bri@ccar.net | September 7, 2018

By Dawn Ferreiro (NMLS 514152), Service First Mortgage and Member, CCAR’s REALTOR®/Lender Committee One of the most common reasons that self-employed borrowers are unable to obtain mortgage financing is due to the nature of their tax returns, and specifically how much they are able to write-off on their return in relation to their reported profits.…

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