Found 13 blog entries tagged as fsbo.

In Collin County, no matter how you view it, it looks like we are seeing some changes. However, not as dramatic as they could be in the very near future. What do I mean? When you compare both resale homes and new home sales for like periods, in other words, April 2022 to April 2021 it may look as if the market is still on the upswing. However, when you go from January through April of this year you can see some trends going in the other direction. One of the things that we notice is that inventory seems to be lower in April of this year compared to April of last year. However, when we look at January through April of this year inventory is steadily climbing upwards and if this continues on the track it is on it will exceed last years inventory. The same…

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Many people have asked me and my team what is going on with home sales during the pandemic? There are some people who have taken their homes off the market and yes buyer traffic has been reduced but not eliminated. Our team is still listing homes and also showing buyers who need to find a home. We track approximately 18 areas to make sure we understand the dynamics of the market. Most areas are in Collin County but we also have a couple of areas outside of that like north Dallas, Rockwall and parts of Denton County. This gives us a good picture of the activity. This past week ending April 19th there were 380 single family homes that "Sold". Based on the approximate same weekly period last month there were 363 homes that "Sold". So you can see that we had…

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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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