Found 2 blog entries tagged as roxannedeberry.

Here we are in December and wondering where did the year go? As we all get ready for the holidays things like this go through our heads. With that said, our team has been helping both buyers and sellers with their real estate needs. November stats for single family resale homes have shown what I have been talking about in previous posts. Demand is down from the past 2 1/2 years and inventory, interest rates have increased. This time of year is typical to see demand dropping and the interest rates has had some cooling effect as well. However, we are still selling homes. There was 621 single family resale homes closed in November in Collin County. In perspective that beats years 2011, 2010, 2008, and 2003. On average over the past 18 years the average for…

528 Views, 0 Comments

Read Full Post

 

As I told people in May the market was changing. So what do I see right now in July? Much more inventory has come on the market in our area over the past two months and that is giving buyers a lot of choices. When buyer's have a lot of choices that means offers for homes will also change. Why? When sellers have more homes to compete with then to get their homes sold they will need to be more willing to look at offers that are not like those that came in two months ago. In fact, those offers have basically come to a halt. We might see a few offers come in slightly above list but most are now coming in at or below list price. Buyers are being told by their Realtors that they are not facing the kind of competition on each home as they were before, which…

792 Views, 0 Comments

Read Full Post