Found 4 blog entries tagged as the deberry team.

Searching for a home to purchase can be fun or it can be tiring and stressful based on what we have heard from those trying to purchase a home. During the Covid period we saw a lot of frustration with people trying to find a home and then having to compete with multiple offers and losing their bid to someone who went way over list price. What are we experiencing in today’s market?

The DeBerry Team of KW works with lots of buyers during the year and therefore we get a lot of input. This year so far, we have seen more inventory coming on but still way below what is necessary to keep prices in check. Therefore, those in certain price ranges seem to be having a more difficult time finding the home they desire than those in higher price ranges. Why? Because…

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In July, The DeBerry Team has been busy helping home buyers find pre-owned homes as well as new construction homes. July for us was very active in both putting resale homes on the market and helping buyers find the homes they desire. You may ask, what was July like for resale homes in Collin County?

Let’s first understand some of the dynamics in the market at this time. Inventory of resale homes are lower and prices are higher overall with increased interest rates. These things together put a damper on sales for resale homes. Sometimes even negative local news is a factor in both buying and selling decisions. To get the real scoop on the real estate market in your area, speak with a Realtor. Sellers’ may say it is good time to sell due to fewer homes…

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As this year comes to a close. I want to thank all those who used the service of The DeBerry Team for their home buying and home selling needs. At the first of the year it was a little frustrating for some of the buyers trying to outbid someone on a home. Today as we move into the new year that has changed. I feel that it is a good thing when buyers of homes have choices and that they have the opportunity to compete on a more level ground as we have today and going into 2023. Our sellers may not receive the way over asking price but I know that our team will be able to get them more for their home than many of the other Realtors in the market. We have a great program for making that happen. I will talk more in detail about this program next year..

Some…

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My answer to the above headline, Bull!!. The sky is not falling! The market is changing but in real estate the market always goes through changes. Let's talk a little about what is causing the commotion about what people are now seeing or starting to see in the Collin County market for resale homes. First, lets look back a little bit over the past two years. Before ever going into the pandemic, housing supply in Texas was already not keeping up with demand. Then the pandemic hit. Wallah! As if by magic, people saw home prices escalating at a phenomenal rate. The shortage of inventory caused a feeding frenzy for the available homes and when that happens prices escalate. This competition between buyers led to multiple offers and offers way above list…

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