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Home Sales Remain Steady as Prices Continue to Climb

Home Sales Remain Steady as Prices Continue to Climb The Collin County Association of Realtors (CCAR) reports steady home sales despite limited inventory driving home prices upward. In April, relatively the same number of homes went under contract as the year prior (1,512 vs. 1,518) for 109.4% of their original list price after remaining on…

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Property Tax Protests: Tips from an Appraiser

Property Tax Protests: Tips from an Appraiser By Vaughn Kerkorian, Kerkorian Residential Appraisals and Member of CCAR’s REALTOR® & Lender Committee Over the past year, many homeowners have seen their equity in their home increase due to rising property values brought on by low interest rates, lack of inventory, and high buyer demand. As the…

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7 Reasons You Should Work With A REALTOR®

7 Reasons You Should Work With A REALTOR® When you’re sick, you go to the doctor. When your car breaks down, you go to a mechanic. The point is that we always turn to professionals when we find ourselves in need of advice. Why should buying a home be any different? There are many reasons…

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Collin County Home Buyers Paid 108.5% of the Original List Price in March

Collin County Home Buyers Paid 108.5% of the Original List Price in March The Collin County Association of Realtors (CCAR) reports that home prices continued to rise in March while inventory remained problematic throughout the county. In March, homes went under contract in 22 days for 108.5% of their original list price on average. At…

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What You Need to Know About Single Premium Mortgage Insurance

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…

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Out-of-State Movers Not to Blame for Surging Texas Home Prices

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…

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Limited Inventory and High Demand Set Collin County Housing Trajectory

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…

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Texas Home Sales and Median Price Reach an All-Time High in 2021

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…

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January 2022 Real Estate Rundown

January 2022 Real Estate Rundown Get the latest stats and numbers for the January 2022 market in Collin County here. Categories CCAR Events CCAR News Government Affairs Lone Star Homes Market Trends North DFW Real Producers Magazine Professional Development Spotlight Uncategorized Archives Archives Select Month May 2022 April 2022 March 2022 February 2022 January 2022…

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