In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. However, the best agents realize that telling the homeowner the truth is more important than getting the seller to like them. There is no “later.”Sellers sometimes think, “If the home doesn’t sell for this price, I can always lower it later.” However, research proves that homes that experience a listing price reduction sit on (1 comments)
It's Open House Weekend! make sure to checkout all the available homes for sale in Frisco! all under $350,000 Click on this link for more information. Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1!
$389,900 10984 STAR MEADOW DRIVE FRISCO, TXMLS: 13360623 Type: Single Family County: Collin City: Frisco Neighborhood: Meadow Hill Estates #8 Zip: 75033 Style:Traditional # Rooms: 16 Stories: 2 Taxes: $6,030 Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1! (1 comments)
Home values continue to climb and are projected to increase by about 5% over the next twelve months. That is great news for anyone who owns a home. However, it could present a challenge for a family trying to sell their house. If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the sales price when performing the appraisal for the bank. The National Association of Realtors (NAR) recently released information revealing just how prominent the challenge is in today’s market. And the challenge is deepening…Every month, Quicken Loans measures the disparity between what a homeowner believes their (1 comments)
In the latest Rent vs. Buy Report from Trulia, they explained that home ownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actually show that the range is an average of 5% less expensive in Orange County (CA) all the way up to 46% in Houston (TX), and 36% Nationwide! Other interesting findings in the report include:Interest rates have remained low and even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation.Some markets may tip in favor of renting if home prices increase at a greater (1 comments)
Frisco homes for sale! All under $350,000. Open houses this weekend! Make sure to check them out and let us know if you see something that you like. Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1! (3 comments)
frisco realtor: Vacation Home Sales Reach 2nd Highest Mark Since 2006
- 04/15/16 06:19 AM
Some Highlights: 58% of vacation homes purchased were single family homes. 51% of vacation homes that were purchased were found online. The median price of a vacation home is up 28% from 2014. Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1! (0 comments)
The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Today, we want to concentrate on the vacation real estate market. The survey found that vacation home sales last year declined to an estimated 920,000, down 18.5% from their most recent peak level of 1.13 million in 2014. However, this is still the second highest number of vacation sales since 2006. Lawrence Yun, NAR’s chief economist explained: "The expanding pool of buyers amidst a dwindling number of bargain-priced properties led to tighter supply and fewer sales and caused the price (0 comments)
$190,000 4522 WATER MEADOW DRIVE SACHSE, TXMLS: 13353502 Type: Single Family County: Dallas City: Sachse Area: Sachse-rowlett Neighborhood: Jackson Meadows Zip: 75048 Style: Traditional # Rooms: 8 Stories: 1 Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1! (4 comments)
$295,500 951 ANGIE LANE DESOTO, TXMLS: 13338151 Type: Single Family County: Dallas City: Desoto Neighborhood: Westmoreland Heights Ph 01 Zip: 75115 Style: Traditional # Rooms: 12 Stories: 2 Taxes: $6,721 Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1!
According to the BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said that they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report also included other interesting revelations. Those Looking to Buy 74% of those looking to buy a new home will consult with a real estate agent 59% said they will visit online real estate websites 37% will seek recommendations from friends and family 78% plan to get pre-approved before seriously (0 comments)
In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home. Depending on where you live, median rents, incomes and home prices all vary. By determining the percentage of income a renter spends on housing in each state, and the amount needed for a 10% down payment, they were able to establish how long (in years) it would take for an average resident to save. According to the study, residents in South Dakota are able to save for a down payment the quickest in (0 comments)
$525,000 6753 PARKER CREEK PLACE FRISCO, TXMLS: 13354547 Type: Single Family County: Denton City: Frisco Area: Denton County East Neighborhood: Pearson Farms 1c Zip: 75034 Style: Traditional # Rooms: 11 Stories: 2 Taxes: $8,401 Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1! (3 comments)
Frisco Open house! don't miss out, all under $350,000 Click on this link for more information, Call us 214-284-8779 Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1! (0 comments)
Some Highlights: 24% of all recent home buyers were single at the time of purchase. 47% of single men cite the desire to own a home of their own as the primary reason to buy. 18% of first-time buyers were single women. Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1! (1 comments)
How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is “an online resource for the most rigorous research and practical information on how a quality, stable, affordable home in a vibrant community contributes to individual and community success”. A recent story they published, The First Rung on the Ladder to Economic Opportunity Is Housing, discussed the importance of having affordable housing available to as many families as possible because: “The ladder to economic success can stretch only so high without the asset-building power of homeownership. Home equity provides Americans with the ability to send their children to college with (0 comments)
A few weeks ago, Jonathan Smoke, the Chief Economist at realtor.com, exclaimed: “All indicators point to this spring being the busiest since 2006.” Now, Freddie Mac has doubled down on that claim and is saying that 2016 will be the best year that the real estate industry has seen in a decade. In their March Housing Outlook Report, Freddie Mac explained: “Despite the challenges facing the housing market, we expect this to be the best year for housing in a decade. Home sales, housing starts, and house prices will reach their highest level since 2006 according to our latest forecast…Challenges remain, with low housing supply and declining affordability being a (0 comments)
There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either your mortgage or your landlord’s. As The Joint Center for Housing Studies at Harvard University explains: “Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s (0 comments)
Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates have stayed near historic lows. Sellers should realize that waiting to make the move when mortgage rates are projected to increase probably doesn’t make sense. As rates increase, the price of the house you can afford will decrease if you plan to stay within a certain budget for your monthly housing costs. Here is a chart detailing this point: According to Freddie Mac, the current 30-year fixed rate is currently around (0 comments)
Some Highlights: Harvard University's Joint Center of Housing Studies recently released the top financial & emotional reasons to own a home. Owning is a good way to build up wealth that can be passed along to your family as it is usually a form of "forced savings." Whether you rent or own, you are paying a mortgage. Yours when you own, your landlord's when you rent. Like us on Facebook: The Kimberly Davis Group Fresh Listings! Just listed Mckinney Area! Don't miss out! Want to know the value of your home? Click here: Find Your Homes Value Now For FREE. Want to learn more information about a specific property? (0 comments)