Lone Star Homes
Contract Changes and Homeowners Associations
Contract Changes and Homeowners Associations Written by Ryan Jeffrey with Republic Title and Member of CCAR’s Affiliate Committee In November 2022, the Texas Real Estate Commission adopted form revisions recommended by the Texas Real Estate Broker-Lawyer Committee that became mandatory on February 1, 2023. One of the areas that we often get questions about relates…
Read MoreThe Texas Legislature: Let’s Talk About It
The Texas Legislature: Let’s Talk About It What is the Texas Legislature and what does that mean for the state? Those are great questions to discuss now that we have entered the 88th Texas Legislature. The Texas Legislature is the state Senate and House of Representatives coming together to consider proposed laws and resolutions, consideration…
Read MoreNew Year, New Calm for Real Estate
New Year, New Calm for Real Estate The Collin County Association of Realtors (CCAR) reports that a new calm descended over home buying in January as increased inventory allowed buyers to shop around and sellers continued to enjoy more money at the closing table. A Collin County home buyer had 234.2% more homes to choose…
Read MoreCan Title Monitoring Services Really Prevent Someone from Stealing Your House?
Can Title Monitoring Services Really Prevent Someone from Stealing Your House? Co-Authored by Melanie Chaiken and Jennifer Kuczaj with Allegiance Title (Frisco and Plano locations) Over the past few years, there has been an abundance of television, radio, and social media ads from several companies proclaiming the same frightening message: Fraudsters are trying to steal…
Read MoreNational News: Pending Home Sales Increased 2.5% in December, Ending Six-Month Slide
National News: Pending Home Sales Increased 2.5% in December, Ending Six-Month Slide Pending home sales increased in December for the first time since May 2022 — following six consecutive months of declines — according to the National Association of Realtors®. The Northeast and Midwest recorded month-over-month reductions, while the South and West posted monthly gains.…
Read MoreSeller Concessions Reemerge in Residential Transactions
Seller Concessions Reemerge in Residential Transactions The Collin County Association of Realtors (CCAR) reports that a steady increase in new listings and the simultaneous decline of homes under contract increased the area’s months supply of homes for sale by three times. The area had 8.2% more new listings and 10.0% fewer homes that went under…
Read MoreNational News: Existing-Home Sales Dipped 7.7% in November
National News: Existing-Home Sales Dipped 7.7% in November Existing-home sales declined for the tenth month in a row in November, according to the National Association of REALTORS®. All four major U.S. regions recorded month-over-month and year-over-year declines. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – waned 7.7% from October…
Read MoreNovember Home Buyers Gave Thanks for Increased Housing Inventory
November Home Buyers Gave Thanks for Increased Housing Inventory The Collin County Association of Realtors (CCAR) reports increased inventory throughout the county as more homeowners listed their homes in November 2022 than the year prior, and fewer homes went under contract. The area had 7.7% more new listings and 15.5% fewer homes that went under…
Read MoreThe Essential Real Estate Agent
The Essential Real Estate Agent Buying a home is the largest and most complex transaction most people will make in their lifetime, with volumes of property, neighborhood, transaction, legal, and regulatory details to have to navigate. Having an expert, local professional manage the process is more important than ever. For help finding an agent that…
Read MoreCollin County Welcomes a New Season of Home Buying and Selling
Collin County Welcomes a New Season of Home Buying and Selling The Collin County Association of Realtors (CCAR) reports that as the leaves turned, Collin County welcomed a new season of home buying and selling as homes remained on the market longer, continued to sell below their original list price, and increased housing inventory. In…
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