Skip to main content

Posts

BEFORE signing the lease, LOOK for these 5 Rental Home Red Flags

So exciting!  Saying goodbye to apartment living, and HELLO to space, privacy and the neighborhood lifestyle!  But in all the excitement of shopping for this new life, you might miss a few things that could be a constant annoyance for your entire lease term.     Here's a quick list of FIVE things to look out for... 1.  Will you be working with a Landlord or (faceless) Property Management Company? Unless you happen to get the PERFECT house to rent, things will go wrong or need to be repaired.  And when you need help, who are you going to call?  And how quickly are they going to fix things?   THIS is the difference between a landlord and a property management company (PMC).  Landlords are real people and PMC's are not.  It's awesome to have a relationship with the person that is going to "make everything better" when bad things happen.  Real people generally will take responsibility and unfortunately, most PMC's do not feel that same ...
Recent posts

The Lewisville real estate market is SPLIT in half, one side doing well and the other, NOT so well.

Everything has changed in real estate over the past 3 full months.  So how have the rising interest rates affected Lewisville, Texas? The  GREEN LINE  is the number of sales in each price range.  Most sales are happening at the 350k to 500k range.  That makes sense, as the majority of buyers are searching for homes in that price range.   But let's go one step further...  How long did it take for those sellers to find buyers? The  BLUE LINE  is the Days On Market, or DOM.  It's great to see that all these homes were sold, but that doesn't tell how long it took for these sales to happen.   In a healthy market, the DOM needs to be in the 15-30 day range.   The homes in the  350k to 500k range  had to wait around 23 days to find buyers. Let's break down what's happening in each price range. $250-300k The 16 or so sales took 14 days to sell (on average).  This is more about the price of these properties...

BIG Discounts on Plano Homes... Read the Buyer/Seller guide, REAL money is at stake.

 Everything has changed in real estate over the past full 3 months.  So how have the rising interest rates affected Plano, Texas? The  GREEN LINE  is the number of sales in each price range.  Most sales are happening at the 400k to 600k range.  That makes sense, as the majority of 'move-in ready' homes are in that price range.   But let's go one step further...  How long did it take for those sellers to find buyers? The  BLUE LINE  is the Days On Market, or DOM.  It's great to see that all these homes were sold, but that doesn't tell how long it took for these sales to happen.   In a healthy market, the DOM needs to be in the 15-30 day range.   The homes in the 400-600k price range had to wait around 27 days to find buyers. Let's break down what's happening in each price range. $350-400k The 68 or so sales took over 25 days to sell (on average).   The average build date of these homes was 1982 and ...

Buyers are FLOCKING to Garland! Full Market Report

Everything has changed in real estate over the past 3 full months.  So how have the rising interest rates affected Garland, Texas? The  GREEN LINE  is the number of sales in each price range.  Most sales are happening at the 250k to 350k range.  That makes sense, as the majority of buyers are searching for homes in that price range.   But let's go one step further...  How long did it take for those sellers to find buyers? The  BLUE LINE  is the Days On Market, or DOM.  It's great to see that all these homes were sold, but that doesn't tell how long it took for these sales to happen.   In a healthy market, the DOM needs to be in the 15-30 day range.   The homes in the 250-350k price range had to wait around 25 days to find buyers. Let's break down what's happening in each price range. $200-250k The 55 or so sales took over 23 days to sell (on average).  This is more about the age/condition of the properties t...

Little Elm Buyer/Seller Guide - No coupon needed for these discounts, just a pre-qualification letter

Everything has changed in real estate over the past 3 months.  So how have the rising interest rates affected Little Elm, Texas? The  GREEN LINE  is the number of sales in each price range.  Most sales are happening at the 350k to 600k range.  That makes sense, as the majority of 'move-in ready' homes are in that price range.   But let's go one step further...  How long did it take for those sellers to find buyers? The  BLUE LINE  is the Cumulative Days On Market, or CDOM.  It's great to see that all these homes were sold, but that doesn't tell how long it took for these sales to happen.   In a healthy market, the CDOM needs to be in the 15-30 day range.   The homes in the 350-600k price range had to wait around 45 days to find buyers. Let's break down what's happening in each price range. $300-350k The 21 or so sales took over 45 days to sell (on average).  This is more about the condition of the properties...

Your McKinney Buyer/Seller Guide - High-interest rates, buyer discounts and some sellers still winning!

 Everything has changed in real estate over the past 3 months.  So how have the rising interest rates affected McKinney, Texas? The  GREEN LINE  is the number of sales in each price range.  Most sales are happening at the 400k to 600k range.  That makes sense, as the majority of 'move-in ready' homes are in that price range.   But let's go one step further...  How long did it take for those sellers to find buyers? The  BLUE LINE  is the Cumulative Days On Market, or CDOM.  It's great to see that all these homes were sold, but that doesn't tell how long it took for these sales to happen.   In a healthy market, the CDOM needs to be in the 15-30 day range.  The homes in the 400-600k price range had to wait around 35 days to find buyers. Let's break down what's happening in McKinney price ranges. $300-350k The 20 or so sales took over 45 days to sell (on average).  This is more about the condition of the propert...

Frisco Buyer/Seller Guide - Buyers are turning up their noses at over-hyped home prices

 Everything has changed in real estate over the past 3 months.  So how have the rising interest rates affected the buying and selling of homes in Frisco, Texas? The  GREEN LINE  is the number of sales in each price range.  Most sales are happening in the 400k to 600k range.  That makes sense, as the majority of homes are in that price range.   But let's go one step further...  How long did it take for those sellers to find buyers? The  BLUE LINE  is the Cumulative Days On Market, or CDOM.  It's great to see that all these homes were sold, but that doesn't tell how long it took for these sales to happen.   In a healthy market, the CDOM needs to be in the 15-30 day range.   In the 400-600k price range (the busiest), it took an average of 38 days to find a buyer.  Oh my. Let's break down what's happening in Frisco price ranges. $350-400k The 20 or so sales took about 41 days to sell (on average).  Wha...