The answer? Not on the market yet! Over the past 12 weeks, we track 20 school districts in north Dallas and Collin County. These areas give us a good indication weekly of what is happening with homes coming on the market. Something we did not expect is that inventory of single-family resale homes has declined since January of this year. Historically, it is not unusual for those wishing to put their homes on the market to wait till March, however, this year might be different. Why? Those who had better mortgage rates may decide to wait to see if they come back down. Although, that is not usually a major factor for moving, but it is one that home sellers do consider. What they should understand, based on the information we have, if they wish to move then…

917 Views, 0 Comments

Read Full Post

Over this past month, my team and I have listed and closed 4 homes and also helped 2 buyers find homes in the area. January and early February was busy. The homes we sold were sold at or slightly above list price and sold in a very short amount of time. Are you seeing some listings that are sitting on the market for a long period of time? Homes that sit for longer periods of time usually have just a few things that keep them from selling. The key is to know what those things are and to quickly address them early in the selling process. Over the years, I have found that if we can eliminate the things that keep a home from selling up front, those we represent are extremely happy with the results. 

Over the years we have developed a system that enhances…

1188 Views, 0 Comments

Read Full Post