October 2015

There are 2 blog entries for October 2015.

3rd Quarter Statistics              
COLLIN COUNTY Single Family-All Price Ranges-Resale-All Sizes-All Ages (years)  
Median Figures 3 Bedroom       4 Bedrooms and Up    
Category Jul Aug Sep   Jul Aug Sep
Sales Price $217,000.00 $220,000.00 $216,000.00   $327,000.00 $322,500.00 $315,000.00
Original List Price $229,900.00 $225,000.00 $229,500.00   $349,000.00 $335,750.00 $349,250.00
Price Per Sq Ft $117.00 $116.00 $116.00   $113.00 $111.00 $112.00
Days On Market 9 7 8   13 14 20
% of Original Price 100.1% 100.0% 100.0%  
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People think realtors sometimes stretch the truth about renting versus buying based on mortgage rates vs rental rates. I have attached a link that explains what is happening in some major cities across the U.S. as well as the Dallas/Fort Worth area. Hope this explains why purchasing a home is a good idea.
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