Why Now is a Golden Opportunity for Homebuyers
Written By: Crystal Parkinson, Utopia Mortgage LLC and member of CCAR’s Affiliate Committee If your clients are considering buying a home, they may be hesitant due to the current higher interest rates. However, waiting might not be the best course of action. In today’s market, there are compelling reasons why now is a great time…
New Matrix Search
The new interface for Matrix search is visible to all users. While not be the default search, there is a button at the top of the search page to “Try New Search”. The Matrix 11 Quick Start Guide is in the Matrix “Help” which includes the new search layout features.
We all Want a Better Collin County: More About Propositions D and E
Elections are here and we want to educate everyone on two propositions that can impact Collin County in great ways. As a reminder, early voting is happening now until this Friday, November 3, and Election Day is Tuesday, November 7. For more information on voting times and locations, click here. Proposition D: $22,450,000 for…
Softening Home Prices Fueled September Home Sales
Collin County Area Realtors (CCAR) reports that softening home prices fueled home sales in September despite reduced inventory. Even with limited supply, sellers remained negotiable as homes took an average of 38 days to go under contract and sold for 96.5% of the original listing price. As a result, the Median Sales Price of a…
Double, Double, Toil and Trouble: Be Aware of the Ghouls & Ghosts That May Haunt Your Real Estate Transactions
Written By: Natalie Thrasher, Director of Marketing and Business Development with Lawyers Title and CCAR’s Affiliate Committee Member Our industry is a target for fraudsters trying to make a “quick buck.” Well, it is not actually quick; these are well-oiled fraud machines. They are learning from each success & failure and then adjusting their schemes…
Texas A&M Real Estate Research Center: Texas Residential Mortgage Industry Optimism Wanes Through Rising Rates
Optimism waned in Texas’ residential mortgage industry amid higher interest rates, according to the latest Texas Residential Mortgage Survey (TRMS). General business activity corrected downward after improvements during the first half of the year, and challenges persist heading into 2024. “Higher mortgage interest rates hammered home purchase and refinance origination volumes in September,” said…
What is “Non-QM” Lending?
Written By: Don Thomas, Sales Manager for Synergy One Lending and Member of CCAR’s Affiliate Committee Non-QM lending, also known as non-qualified mortgage lending, is a type of mortgage lending that does not meet the qualified mortgage (QM) standards set by the Consumer Financial Protection Bureau (CFPB). This type of lending has gained popularity in…
Collin County Association of REALTORS® Unveils New Name to Reflect Membership
Collin County Association of REALTORS® (CCAR) is pleased to announce its new name, Collin County Area REALTORS® (CCAR), a change that reflects the organization’s growing membership that spans beyond Collin County. The decision to rebrand as the Collin County Area REALTORS® is an effort to reflect the Association’s diverse membership and the communities they serve.…
Check Out CCAR August Committee Reports
If you aren’t part of a committee at CCAR, you are missing out! We hope to see you next month, but until then, members can access the CCAR August Committee Reports within the InfoHub.
CCAR End of Year TREPAC Auction
Help us finish the 2023 TREPAC year strong by checking out our online end-of-year auction! From gift cards to Yeti buckets, you’re sure to find the perfect gift inspiration. Don’t wait, this auction ends on September 28! Bid Now Contributions to the Texas REALTORS® Political Action Committee (TREPAC) and the Texas Association of REALTORS® Federal…