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Gina Branch | DFW Realtor® | Dallas Homes | RE/MAX Dallas Suburbs
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The North Dallas Market is Hot! The Branch Team listed the property at 11901 Shoal Creek in Frisco Texas on Friday evening. In the first 48 hours we had 33 showings and 7 offers. This continues to confirm that properly prepared, staged, photographed, and right-priced homes are flying off the market. With inventories and interest rates at record lows, this is the optimum time to sell your home. Our marketing plan includes 2 hours of professional staging, professional photography, and over 30 years of team experience selling real estate. Click here for a FREE market evaluation of your home’s value. Contact us at 214-227-6626 if you have any questions or need additional information on North Texas real estate.
The Lakes of Prosper is located in the small, quaint North Texas town of Prosper. Just north of Highway 380 off the Dallas North Tollway, Lakes of Prosper provides the comforts of a small town, but with easy access to all the Big City has to offer. With quiet streets, parks, water features and lots of open space, Lakes of Prosper presents the ideal living environment.
Highland Homes will begin building Phase II in May 2013 and they are pre-selling now. Click here to download the Highland Homes Price List for Lakes of Prosper. Resale homes are also available. Click here to see all homes for sale in the Lakes of Prosper. Contact us at 214-227-6626 if you have questions or need additional information.
Photos Copyright 2013 Imaged2Sell  Comments are closed  Homes For Sale, New Construction, Prosper TX  hopmes for sale, lakes of prosper, prosper, real estate, Texas, TX
Is this a good time to sell our home? This is a question we get quite often. Local data have indicated a Sellers Market since January 2012. I just received the results of survey conducted by the National Association of REALTORS® (NAR) that shows that the trend is actually nationwide. According to the NAR report, “Demand continued to expand faster than supply. The Buyer Traffic Index rose to 56 from 36 in the same period last year, while the Seller Traffic Index barely moved, ending at 38 from 37 last year. REALTORS® reported numerous cases of multibidding resulting in “properties selling above the list/asking price” or “distressed sales selling close to market price.”
In our local market, 2012 was a great year for sellers. Home sales outpaced home listings by almost 10 to 1 and we don’t see that letting up in 2013. We have many sellers waiting for the “spring sales season” to list their homes. If you want to get your home sold, get on the market as early as possible to take advantage of the lack of inventory! Click here for more information on selling your North Texas home. Click here to request a Market Analysis of your North Texas home. Contact us at 214-227-6626 if you have any questions.
Graph: Copyright 2013 National Association of REALTORs® | Base Photo: Licensed from Buffini and Company Comments are closed Real Estate collin county, dallas fort worth, DFW, listing, market report, real estate
We’ve been talking about the lack of housing inventory for the past six months. We have a huge demand for houses and the ones on the market that are properly prepared, priced, and show-ready are under contract in a matter of weeks (in a few days below $200k). The question we get asked the most is “why” is this happening.
It’s simple math! Take a look at the chart above–over the past 12 months we seen new listings rise 2 percent, yet closed sales are up over 17 percent. There’s more good news. Days on Market has dropped from 95 days to 71 days and the average sales price is up 2.5 percent over last year. Even more significant is the Months of Supply which is down 36.8 percent to just 3.4 months. What’s the take-a-way for home sellers and buyers? If you are looking to sell, this is the best time in years. Selling now allows you to move up or move down taking advantage of the market condition not only in selling but also allows you to take advantage of the historic low mortgage interest rates. If you’re looking to buy, you need to move quickly. Gone are the days of searching for months and coming back to see how much prices have been reduced. Wait a few weeks and the house will be under contract. The same is true for making low offers just to see what happens. We’re seeing multiple offer situations on many houses. Looking to sell or buy a home in the North Texas area? Click here to search for homes for sale in north Texas. Contact us at 214-227-6626 if you need more information or want to work with an award-winning real estate team in the north Dallas suburbs.
Photo licensed from ShutterStock | Chart created by the Collin County Association of REALTORs
Most people set their systems to run in the early morning so they do not lose water to evaporation during the day. The downside is that they don’t see the system running so unless some good Samaritan lets them know about the broken head it may be too late when they finally figure it out. The best idea is to test the system once a month. Most systems will allow you to run each zone manually for a couple of minutes so you can quickly check to make sure the system is running properly. Broken heads can be replaced for a couple of dollars and a few minutes of your time. Do yourself and your lawn a favor–check out your sprinkler system!
Photo Copyright 2012 – Tom Branch
She goes on to write, “The proliferation of Hip Pocket sales is really good for Realtors, because they are back cutting deals again and doing what they do best: network. Also, it’s good for the brokers, especially if they can get both sides of the sale in the same firm. Yippee to that one!” I’m going to argue that hip pocket listings are not really a good thing for the vast majority of sellers. Yes, there are some sellers who just rather not have people in their homes or desire to keep the sale secret for some reason–however this is not true for the vast majority of sellers. Exposing the home to the larger market will most often allow the seller to achieve the highest possible final sales price and better terms. We listed a nice home in west Allen several weeks ago on a Friday. By Monday we had 7 offers and the seller wound up with a higher sales price and an all-cash offer. If we had held the listing with the intention to sell it to one of our internal buyers, the result would not have been the same. The multiple offer situation worked in the seller’s best interest. The REALTOR® Code of Ethics requires us to put our client’s best interests in front of our own. In the vast majority of cases, hip pocket listings most likely put our best interests in front of our client’s best interests.
Photo Licensed from iStockPhoto |
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GINA BRANCH - RE/MAX Dallas Suburbs | Each Office Independently Owned and Operated
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With a beautiful selection of home options by Highland Homes, beautifully landscaped common areas, and resort-style amenities including community pool with kid’s spray park and pavilion, playground and athletic fields, Lakes of Prosper truly is Life at its best. New homes begin in the low $330s .
I read a blog posted on Candy’s Dirt this morning titled, “
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