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Blue Ridge, TX Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Blue Ridge Texas!!If you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you. Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which saves you ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Blue Ridge Texas!!If you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you.Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which saves you m...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
We are excited to let you know that we have invested in a new technology called Homebot to be your free personal guide through your home-buying journey.Homebot is a monthly financial dashboard that enables you to maximize the most of your home-buying search.When you sign up you will receive a regular email called the “Homebot Market Report”- a customized interactive guide with critical information to help you buy smart. Homebot offers buyers the ability to search for homes in your area at no cost to you.What will the Homebot Market Report do for you? Explore neighborhoods and cities nationwide to find the best market to match your goals Use current market temperatures to guide your buying strategy Estimate how much home you can afford at today's interest rates See how much your new home...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a preapproval (not prequalification) for Mortgage Loans in Blue Ridge Texas. Many consumers are not informed on the proper way for buying a home. No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how you go about the home buying process of Mortgage Loans in Blue Ridge Texas and the surrounding areas. The key is to take the proper steps to educate yourself on your buying power, initial investment, and taking some time to think about your lifestyle choices. This article will cover all of these.   Education    The steps necessary to purchasing a home in Blue Ridge, Texas starts with getting pre-approved for your home loan. Notice we did not say get prequalified- in today’s world a prequalification is no...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Being a Blue Ridge Texas First Time Homebuyer makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner and how your goals fit in with that plan. One goal could be to stop paying rent that just increases after every lease you renew.Buying your own home first is one of the happiest times of your life! However, a lot of paperwork and time goes into it and finding a lender with great reviews will ease much of the stress. But, the satisfaction you get from your first home closing is something you will never forget! The benefits of being a Blue Ridge Texas First Time Homebuyer greatly outweighs renting for the following reasons:          Greater privacy.          Homes typically increase in value...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 Blue Ridge TX VA loan benefits in 2020. These are:        No down payment on a VA loan        No mortgage insurance        VA loans have a government guarantee        Your ability to shop and compare VA loans        VA loans don’t allow a prepayment penalty        They come in many varieties        It’s easier to qualify for a VA loan        VA loan closing costs are lower        The VA loan offers funding fee flexibility    VA loans are assumable Backed by the U.S. Department of Veterans Affairs,...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a preapproval (not prequalification) for Blue Ridge TX Home Loans. Many consumers are not informed on the proper way for buying a home. No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how you go about the home buying process of Blue Ridge TX Home Loans and the surrounding areas. The key is to take the proper steps to educate yourself on your buying power, initial investment, and taking some time to think about your lifestyle choices. This article will cover all of these.   Education    The steps necessary to purchasing a home in Blue Ridge, Texas starts with getting pre-approved for your home loan. Notice we did not say get prequalified- in today’s world a prequalification is not meaningful. You sh...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
December 2016 Real Estate Market Summary for Blueridge, TX (MLS Area 67)   Month Year to Date   2016 2015 % Change 2016 2015 % Change New Listings 1 5 400.0 69 56 -18.8 Closed Sales (Reported) 2 4 100.0 44 37 -15.9 Closed Sales (Projected) 2 4 124.7 44 37 -14.8 Listings Under Contract 2 7 250.0 45 43 -4.4 Average Sales Price $157,500 $203,625 29.3 $238,847 $261,769 9.6 Median Sales Price $157,500 $214,250 36.0 $160,000 $227,200 42.0 Percent of Original Price Received 100.5 94.2 -6.3 92.7 92.6 -0.1 Days on Market Until Sale 37 48 30.8 71 78 10.3 Inventory of Homes for Sale 13 12 -7.7       Months Supply of Inventory 3.0 3.9 31.7       The number of reported houses sold this month in Blueridge gained 100% from the same time of year 2015, with 4 reported houses sold this month. Year to da...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
November 2016 Real Estate Market Summary for Blueridge, TX (MLS Area 67)   Month Year to Date   2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 0 -42 33 -21.4     Closed Sales (Projected) 0 -42 33 -20.8     Listings Under Contract 2 3 50.0 43 37 -14.0 Average Sales Price $0 $300,680 242720 $268,816 $11   Median Sales Price $0 $300,680 160000 $227,200 $42   Percent of Original Price Received 0.0 90.3 -92.3 92.4 0.1   Days on Market Until Sale 0119 -72 81 12.9     Inventory of Homes for Sale 19 15 -21.1       Months Supply of Inventory 4.0 5.1 29.9       This month the number of home sales experienced a climb of 33% from 2015, with -42 sold total. Year to date the number of reported houses sold saw no change in contrast to the same month 2015, with sold total this year. In ...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
February 2016 Real Estate Market Summary for Blueridge, TX (MLS Area 67)   Month Year to Date   2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 0 -2 4 100.0     Closed Sales (Projected) 0 -2 4 118.5     Listings Under Contract 2 3 50.0 3 6 100.0 Average Sales Price $0 $260,500 517500 $242,875 $-53   Median Sales Price $0 $173,500 517500 $181,750 $-65   Percent of Original Price Received 0.0 96.0 -67.0 94.6 41.3   Days on Market Until Sale 0145 -180 131 -27.2     Inventory of Homes for Sale 21 13 -38.1       Months Supply of Inventory 6.8 3.1 -54.2       There was an improvement of 4% in the number of homes sold in February 2016 relative to 2015. There were -2 homes sold total this month. In Blueridge there were real estate sales year to date, which was no change in contra...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Housing sales so far this year decreased 50% relative to the same period last year, with 2 properties sold this year. This month, Blueridge housing sales went down 50%, with 2 properties sold. During January, 5 new properties were listed in Blueridge. This January, the number of new home properties listed in Blueridge went down 50%. Year-to-date new listings have reached 5 in all. So far this year, houses sold declined 50% compared to the same month last year. Listings under contract this January in Blueridge gained 100%, with 2 houses currently listed under contract this month. So far this year, home sales climbed 100% relative to the same period last year, with 2 homes sold. The average sales price year-to-date dropped 63% compared to the same month last year, the average price for a ...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Housing sales so far this year increased 29% relative to the same period last year, with 34 houses sold so far this year. This month, there were 6 housing sales in Blueridge, which is a 67% dip from last month. New houses listed year-to-date rose 17% relative to the same period last year, with 34 houses sold so far this year. In December of this year, 1 new houses were listed in Blueridge, which is a 50% decrease from a month ago. Blueridge listed houses under contract were at 3 properties this month, which is a 0% increase from a month ago. Year-to-date, current listings under contract have reached + in all, which is a 38% upturn from a year ago. The average selling price year-to-date rose 59% compared to the same period last year, the average selling price being $238,847. The average ...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
In total for this year there have been 28 homes sold, which is a 50% rise compared to the same month last year. Home sales in Blueridge went down 100% this month, with 3 houses sold. During November, 5 new houses were listed in Blueridge. New housing listings in Blueridge went up 25% this month. Year-to-date new listings are at 68 overall, which is a 19% gain from a year ago. Current listings under contract so far this year increased 45% relative to the same period last year, with 45 properties sold. There were 3 current listings under contract in November of this year, a 25% dip from last month. The average price for a home year-to-date gained 65% relative to the same month last year, with the average home sales price at $242,720. The average price for a house was approximately $0 in N...
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
New Construction Homes in Blue Ridge Texas 75424 Acreage Homesites The Trails of Blue Ridge  Step back into nature...... Located in a heavily wooded nature preservation area of Collin County, The Trails of Blue Ridge offers a peaceful way of living! I drove by this subdivision yesterday as I was showing in Blue Ridge. This location did not do so good 3 years ago and most of the beautiful lots foreclosed! Luckily Stonehollow Homes saw the beautiful potential of the area and is now building brand new construction homes on 1 and 2 acre lots.  Prices range from the high $200's -$400's.   This home offers Real hand scraped hardwood floors in the entry, kitchen and café. Double Ovens. Standard features for this home are granite in the kitchen, travertine backsplash, 42in maple cabinets, oil r...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Blueridge area were down 100% in January 2014 compared to last year, with 0 homes selling this month. So far this year, overall home sales have decreased 100%, with 50 homes sold. New Blueridge real estate listings decreased 33% from last year, with 4 homes listed this month. For the year-to-date, home listings have decreased 33%, with 4 homes listed. The number of current listings under contract this month was down 75%, at 1 homes. Listings under contract for the year-to-date have decreased 75%, with 91 homes under contract. Click here for the Blueridge Home Values Report. Blueridge Home Values Report Register online for monthly home value updates on your city and neighborhood, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Blueridge area were up 0% in December 2013 compared to last year, with 3 homes selling this month. So far this year, overall home sales have decreased 15%, with 35 homes sold. New Blueridge real estate listings decreased 100% from last year, with 0 homes listed this month. For the year-to-date, home listings have decreased 55%, with 33 homes listed. The number of current listings under contract this month was down 100%, at 0 homes. Listings under contract for the year-to-date have decreased 22%, with 32 homes under contract. Click here for the Blueridge Home Values Report. Blueridge Home Values Report Register online for monthly home value updates on your city and neighborhood, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Blueridge Texas Real Estate Sales were up 25% in October 2012 over the same month last year with 5 homes selling this month! For the year to date, overall home sales were at 33 homes sold, with a 50% change from last year. New Blueridge Texas Real Estate listings experienced a 67% change for the same period last year with 10 homes listed this month. For the year to date, overall home listings underwent a 61% change with 66 homes listed this year. Listings pending sales this month underwent a 600% change, with 7 homes contracted. Listings under contract for the year to date experienced an 90% change, with 36 homes under contract for this month. Click here to read the full report.. Blueridge Texas Real Estate Reports Register online for monthly updates on your city and neighborhood, autom...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Blueridge Texas Real Estate Sales were up 33% in September 2012 over the same month last year with 4 homes selling this month! For the year to date, overall home sales were at 28 homes sold, with a 56% change from last year. The Texas home market for the third quarter 2012 in the DFW Metroplex is overall improved over the last year. With both prices and interest rates at historic lows, this is an idea time to purchase for both new home owners and current home owners moving to larger homes. It is key to have your financing and prequalification work in process to insure a smooth transaction. New Blueridge Texas real estate listings experienced a 200% change for the same period last year with 6 homes listed this month. For the year to date, overall home listings underwent a 60% change with...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Blueridge Texas Real Estate Sales underwent a 50% change in August 2012 over the same month last year with 3 homes selling this month! For the year to date, overall home sales were at 24 homes sold, with a 60% change from last year. The Texas home market for the first quarter 2012 in the DFW Metroplex is overall improved over the last year. With both prices and interest rates at historic lows, this is an idea time to purchase for both new home owners and current home owners moving to larger homes. It is key to have your financing and prequalification work in process to insure a smooth transaction. As the spring begins and school ends more homes with be put on the market and more prospective buyer will be looking for homes. Traditionally the second and third quarters are the busiest in t...
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