Found 14 blog entries tagged as Buyers.

The Market Has Definitely Changed! My Buyer Specialists have been working with many buyers working to find them the home they desire. They are having to compete with many multiple offers and so they have to use their knowledge and skill to win in those type of situations. Our seller specialists have been listing homes for those willing to get the most for their home and helping them negotiate the multiple offers that they are receiving. Right now is an excellent time to sell a home since the inventory is low and the ability to get more for your home is great! 

Look at these numbers for Collin County and some of the areas we follow each week and month. Collin County-Days on Market=45 days!, Allen-Days on Market=33 days!, Frisco-Days on Market 36 days!,…

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What will 2020 bring residential real estate in Collin County and in North Texas in general? As we have seen over this past year home prices continued to move up approximately 4% in 2019. However, the movement upward has slowed. Why? First, more inventory came onto the market and second the demand in the lower price ranges was high but inventory for that product was low causing those who could get into a home to wait. Even though interest rates remained at an all time low it did not spur a surge in activity due to shortage of these type of products. Until this changes I think we will see still see more of the same in 2020. 

A sellers market vs a buyers market. There have only been a few months over the last decade that we might be able to look back and…

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The numbers are in for the first 8 months for pre-owned homes in Collin County. Remember this is taking the whole county into consideration and may not be reflective of your personal city or neighborhood. Check with your realtor if you are interested in finding out more about statistics for your own neighborhood since those numbers can vary from area to area. I want to give you an explanation between two numbers realtors frequently use and how they are calculated. First is the Medium range and the second in the Averagerange.  

The median of a set of numbers is that number where half the numbers are lower and half the numbers are higher. In the case of real estate, that means that the median is the price where half the homes sold that month were cheaper,…

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Every year is different and every month is different as well in real estate. What is consistent is that no matter what the market, homes continue to be bought and sold.

Over the past 10 years we have only seen two years that were either called a "buyers market" or a "balanced market". A buyers market is one that buyers have the advantage and is usually spurred by an overage of inventory. A balanced market is one that neither the seller or the buyer has an advantage but the inventory makes for a competitive market for both the buyer and seller. A "Sellers Market" is one where sellers have the advantage and it is usually caused by a shortage of inventory of homes. This is where we are at today in the Collin County marketplace.

8 of the last 10 years…

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