What does The DeBerry Team of KW see based on the information ending November on resale homes? First, we have all seen that interest rates moved up but retreated lately. Home prices also moved up slightly in November compared to November of 2022. The median sales price for a resale home in Collin County is $514,450. Median means that is the middle price of all homes sold. Inventory is still low at 2.3 months which will not help home prices move lower in the near future. Demand has also been down mostly due to the issue with low inventory, home prices and interest rates.

It is not unusual for the market to be down this time of the year however we are lower than the recent past. One thing that I am watching closely is those that are buying are not…

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Are you looking for a place to raise a family, pursue your career goals, and enjoy a relaxed lifestyle? Look no further than Princeton, Texas! This charming town has everything you need to live a happy and fulfilling life.

Family-friendly community

Princeton is a vibrant and family-friendly community with a strong sense of togetherness. The town offers a variety of parks, playgrounds, and recreation centers for families to enjoy. There are also numerous schools in the Princeton Independent School District that are consistently rated among the best in the state.

Thriving economy

Princeton is home to a growing economy with a diverse range of businesses. The town is also within close proximity to major employment centers in North Dallas and major…

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Working with home buyers and home sellers throughout the year is something my team and I are so "thankful" for. However, it goes way beyond just the transaction of helping people. We get to learn so much about them and they get to learn about us. We have formed so many wonderful relationships over the years that continue today. We feel honored when our past clients give us a call and ask for help during property tax time, when they need help finding vendors to work on their home or just to see how we are doing. We are so "thankful" that we have all of these relationships that go well beyond helping them with their residential transaction. I personally have had the opportunity to attend special events that some of my past clients have invited me to. I have…

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When buying a home, one of the first decisions you'll need to make is whether to buy a new construction home or a resale home. Both options have their own unique benefits and drawbacks, so it's important to weigh them carefully before making a decision.

New construction homes

New construction homes offer a number of advantages, including:

  • Energy efficiency: New construction homes are built to meet the latest energy efficiency standards, which can save you money on your energy bills in the long run.
  • Modern features and finishes: New construction homes often come with the latest features and finishes, such as smart home technology, stainless steel appliances, and granite countertops.
  • Low-maintenance: New construction homes are typically…

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Be informed and maybe they won’t be! The answer to the interest rate question can be found by looking at how high 30-year fixed rate mortgages rates were in any one particular year. Our team looks at data like this and keeps track of the history of the 30-year fixed high points of each year that was has been recorded since in 1971.

What years had the highest interest rate in a particular month in the 3% range? 2012, 2020, 2021, and 2022. How many years had a month where the highest interest rate range was 4 to 5%? From 2009 (with the exception of 2012) all the way to 2019 had a month or more where interest rates were in the 4 to 5 percent range. Combined that is 10 years.

Overall, when we look at all the years from 1971 to 2022, there were 31 of…

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"Home For Sale on cul-de-sac in highly desirable zip code area of Plano!" This recently updated home has tons of charm for someone looking for a home with ample space for their family. With approximately 2,642 sq. ft. and three bedrooms and two bathrooms this home is absolutely stunning! Close to shopping and restaurants as well all the wonderful parks that Plano offers it's citizens. Situated in a highly sought after zip code area which makes this family home even more desirable. Check out this listing on our website at www.roxannedeberry.com and go to "Search Listings" tab and then click on "our Listings"

If you are interested in this wonderful home contact The DeBerry Team of KW at 214-215-5106 and we will be happy to answer your questions and show…

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What is important when interviewing a realtor for the job of representing you. The realtor or the realtor’s brokerage? Both!  Let me explain. Successful brokerages are those that offer their agents a host of services that can assist the agent to be better trained and more productive for their clients. Of course, it is up to the agent to take advantage of the supportive programs to enhance their business. Let’s take the brokerage that I hold my license under, Keller Williams Realty. Unlike public companies this is a privately held company that has excelled due to their agent centric programs.

Keller Williams realized early on that the agents were the key to having a successful company and they went all in to give their agents a major say on how the…

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Texas homeowners have the opportunity to lower their property taxes and increase school funding in the upcoming election. Proposition 4 is a constitutional amendment that would increase the homestead exemption from $40,000 to $100,000, authorize the state legislature to limit the annual appraisal increase on non-homestead real property, exclude appropriations made to increase state education funding from the state appropriations limit, and allow the state to provide additional funding for public schools based on student need.

If Proposition 4 passes, Texas homeowners would save an average of $1,250 to $1,450 per year on their property taxes. The amendment would also provide billions of dollars in additional funding for public schools, which would help…

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Are you looking for a beautiful new construction home in a great location? Look no further than 208 Nathan Drive in Princeton, TX! This 1-story home offers 3 bedrooms, 2 bathrooms, a study, and 1,837 square feet of living space.

The open concept design of the main area creates a spacious feel, perfect for entertaining or spending time with family. The living room has large windows that let in plenty of natural light, and the kitchen is equipped with modern stainless-steel appliances, granite countertops, a gas stove, ample storage, and a pantry.

The spacious primary bedroom includes an ensuite bathroom with a dual sink vanity, walk-in shower, soaking tub, separate water closet, and walk-in closet. This home also presents crown molding, raised…

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Are you thinking about buying a home? If so, you're probably wondering whether to buy a resale home or a new construction home. Both have their own advantages and disadvantages, so it's important to weigh them carefully before making a decision.

Here are some of the key differences between resale homes and new construction homes:

  • Price: Resale homes are typically more affordable than new construction homes. This is because they've already taken on some depreciation, which means the seller is recouping less of their investment.
  • Location: Resale homes are often located in established neighborhoods, while new construction homes are often located in newer developments. This can be a major factor for some buyers, as they may prefer the amenities…

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