What’s Happening on the Credit Side in Early 2020?
By Mickey Lynam (NMLS 974623), IBERIABANK Mortgage, Member of CCAR’s REALTOR®/Lender Committee “The lowest midwinter mortgage rates in history have contributed to an unusual early-year surge in home buying” (and refinancing) -MoneyWise, Feb. 3, 2020 The Highlights: During mid-January, the pace of homebuyers applying for mortgages hit an 11 year high. Some 9.2 million U.S.…
Did you Blast Off with us?
Did you kick off your year with us at Blast Off 2020? If you did, you know the climbs and dips ahead for the North Texas Economy, the very real cyber threats the FBI is monitoring in our area, and are ready to stand out as you make music in our very noisy world. Now,…
Collin County Eager for Spring Housing Inventory Influx
The Collin County Association of Realtors (CCAR) reports that Collin County homes remained in demand at the close of 2019, resulting in reduced inventory for homebuyers and increased profits for home sellers throughout the county. Housing inventory dwindled to 2.4 months in December 2019, 16.1% less than the year prior. A decrease triggered by 15.0%…
Government Affairs and TREPAC Collin County Commissioners Court Candidate Interviews
Each election cycle, CCAR conducts candidate interviews for political offices in order to better understand the candidates’ ideas and visions for when they become elected to public office. TREPAC then may choose to support the candidates who champion private property rights and uphold our REALTOR® members’ values. In order to ensure transparency and participation from…
An Initiative Like None Other: CCAR and Members Lead Community to a Bright Future
The Collin County Association of Realtors (CCAR) cares deeply for its members and the diverse community they serve. CCAR’s passion for the community prompted the Association to create 2020 Census video resources in 26 different languages—something that currently does not exist for the 2020 Census. Visitors to www.ccar.net/census can select a video to learn…
The Word on 2020: It might not be what you think it is.
Originally Published in the January 2020 Edition of North DFW Real Producers Magazine Hear Dr. Jim Gaines present a full Economic Forecast of North Texas on January 28 at Blast Off 2020. What will the housing market be like in 2020? “It’s going to be good,” according to Dr. James Gaines, Chief Economist at the Texas…
Texas Luxury Home Market Continues to Grow
Texas homes that sold for $1 million or higher from November 2018 to October 2019 increased 4.4% to 5,149 sales, according to the 2019 Texas Luxury Home Sales Report released today by Texas REALTORS®. The annual report examining housing statistics for luxury homes in the Austin, Dallas-Fort Worth, Houston and San Antonio metropolitan areas also showed that total…
Texas A&M Real Estate Center Reports Record New Home Construction Will Highlight 2020 Texas Economy
Housing will be a bright star in the 2020 Texas economy, showcasing growth for the 10th straight year, according to the Real Estate Center at Texas A&M’s 2020 Texas Housing & Economic Outlook. Texas will post record highs in both housing sales and price levels and lead the nation in new home construction. “Both the…
The Year of the Comeback Kid: A 2019 Collin County Year End Review
Originally Published in the December 2019 Edition of North DFW Real Producers Magazine The year began with many wondering if 2019 would be the year Collin County’s housing market would transition from a seller’s market to a balanced market. “Buyers are beginning the New Year timid and curious which direction the market will trend.” —Collin County Association…
Was November 2019 “Normal” for Collin County Home Sales?
The Collin County Association of Realtors (CCAR) reports that Collin County’s stabilizing housing market may be nearing normal as home prices and housing inventory remain at anticipated levels in November 2019. Homes were listed and sold for slightly more in November 2019 than the year prior, selling for a median sales price of $330,000 in…