By Tom Branch, on April 15th, 2012  “It’s a buyer’s market”, I hear those words at least once a week. They are usually accompanied by some low offer on one of our listings.
Newsflash! With the exception of homes over $500k, the buyer’s market in the North Dallas area is over. Properties that show well and are correctly priced are flying off the market. Many of our recent listings have fully executed contracts in less that 5 days. As a listing broker, it’s been nice to see the market shift back.
Recent numbers from the North Texas Real Estate Information System (NTREIS), the MLS in North Texas, show that we have about 4.1 months of inventory. For reference, the National Association of REALTORS® states that a 6 month inventory of homes is a balanced market. Levels above 6 months are a buyer’s market while levels below 6 months are a seller’s market.
If you’re a seller wanting to move this may be the best time in years to sell and be able to purchase a new home. Home prices are stable and interest rates are still at record lows.
If you’re a buyer, you simply cannot drag your feet or lob in low offers. If you do so, you may find the property is under contract or sold to a more reasonable offer.
Want more information on the housing market in Dallas? Contact us at 214-705-2470.
Photo licensed from iStockPhoto
By Tom Branch, on April 14th, 2012 
2 Bedrooms | 2.1 Baths | 2 Car Garage | 1633 SF/Building Plan
READY NOW! 2-bd, 2.5 ba, vaulted entry townhome with iron railing at entry. Brick-stone exterior. Kitchen with SS appl, gas cooktop-oven, Granite, 42 glazed site-finished cabs. Formal dining and breakfast nook. Wood floors. Gorgeous Master Suite and 2nd bdrm up. Granite baths. 16 SEER HVAC, Radiant Barrier, low-E windows, natural gas cooktop, oven, furnace and wtr heater, and patio. 2-car garage. SS Fridge included for 30-day closings!
Click here for more details, photos, virtual tour, status, and pricing on this Plano TX Townhome For Sale.
Click here to see all townhomes for sale in Plano TX.
Contact us at 214-705-2470 for more information or to schedule a showing.
Photo Copyright 2012 Imaged2Sell
New Home Rebate
Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.
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By Tom Branch, on April 14th, 2012 
3 Bedrooms | 2.1 Baths | 2 Car Garage | 1961 SF/Building Plan
READY NOW! 3-bd, 2.5 ba, + Study with French doors and sidelights. Brick-stone exterior. Kitchen with SS appl, gas cooktop-oven, Granite, 42 glazed site-finished cabs. Gorgeous Master Suite and 2 bdrms up. Iron Railing. Formal dining and breakfast nook. Granite baths. Gas on patio. 16 SEER HVAC, Radiant Barrier, low-E windows, natural gas cooktop, oven, furnace and wtr heater. 2-car garage. SS Fridge included for 30-day closings!
Click here for more details, photos, virtual tour, status, and pricing on this Plano TX Townhome For Sale.
Click here to see all townhomes for sale in Plano TX.
Contact us at 214-705-2470 for more information or to schedule a showing.
Photo Copyright 2012 Imaged2Sell
New Home Rebate
Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.
Click here for our New Home Rebates page.
By Tom Branch, on April 7th, 2012 
The Dallas Business Journal released the 2011 Top Residential Real Estate Brokerage List on March 23, 2012. RE/MAX Dallas Suburbs ranked number 15 in 2011 with 1134 closed sides and over $270 million in sales.
RE/MAX Dallas Suburbs agents averaged 14.9 sides and $3.55 million in sales volume per agent. Among the national brands in the Metroplex, RE/MAX agents outproduce all other brands by a 3 to 1 margin.
Tom and Gina Branch, The Branch Team, closed 112 sides with a total sales volume of over $17 million.
Source: Dallas Business Journal, March 23-29, 2012, Page 14
By Tom Branch, on April 6th, 2012 
4 Bedrooms | 2 Baths | 2 Car Garage | 2119 SF/Tax
Located on a heavily treed lot, this home shows like a model. Lots of recent updates; carpet, paint inside and outside, and foundation work. Sunken living room overlooks the lush front yard. Downstairs master suite has walk in closet. Bright kitchen has lots of storage space and opens up to family room with wood burning fireplace. Upstairs are three bedrooms and a bathroom. Back yard patio yard are perfect for entertaining. Easy access to US 75.
Click here for more details, photos, virtual tour, status, and pricing on this Plano TX Home For Sale.
Click here to see all homes for sale in Plano TX.
Contact us at 214-705-2470 for more information or to schedule a showing.
Photo Copyright 2012 Imaged2Sell
By Tom Branch, on April 6th, 2012 
4 Bedrooms | 2 Baths | 2 Car Garage | 2073 SF/Tax
Sold in 11 Days! – Immaculate single-level Centex home with brick-stone exterior is ready for new owners. Stacked formals lead to open kitchen with black appliances and walk-in pantry. Family room with wood-burning fireplace overlooks the private backyard and patio. Master suite is split away and includes a garden tub, separate shower, and a walk-in closet. Large secondary bedrooms and main bath. 4th bedroom can be used as a study. Enjoy the community amenities.
Have a home to sell? Contact us and we can set up a time for a no-hassle consultation.
Photo licensed from Shoot2Sell
By Tom Branch, on April 4th, 2012 
4 Bedrooms | 2 Baths | 2 Car Garage | 2235 SF/Tax
Great single-level Lennar home shows like a model! 2 living and 2 dining areas. Large kitchen with loads of cabinet space and black appliances opens to breakfast nook and family room with wood-burning gas-starter fireplace. Formal dining room with chair rails. Master suite has garden tub, dual sinks, separate shower, and a walk-in closet. 4th bedroom split away could be office. Open patio and pool-sized back yard is perfect for entertaining.
Click here for more details, photos, virtual tour, status, and pricing on this McKinney TX Home For Sale.
Click here to see all homes for sale in McKinney TX.
Contact us at 214-705-2470 for more information or to schedule a showing.
Photo Copyright 2012 Imaged2Sell
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“It’s a buyer’s market”, I hear those words at least once a week. They are usually accompanied by some low offer on one of our listings.
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