Kaufman County Real Estate News & Market Statistics

Aug. 10, 2017

Home for sale: 2027 Carriage Heartland TX

Home for Sale in Heartland TX: 2027 Carriage 

This wonderful brick home sits on a quiet street within walking distance to school. The large tiled foyer opens up to the formal dining room. Home offers 4 bedrooms and 2 full baths. 4th bedroom has French doors and a closet and could be used as a study. Split bedroom floor plan with open living area. Private master suite has a dual vanity, garden tub and separate shower. For more information and photos of this house click here.

To schedule your showing of this or any other home for sale in Heartland, TX, contact us now!

Posted in Homes for Sale
June 28, 2017

Kaufman County Independence Day Events

Kaufman County Independence Day Events

If you love fireworks, music, and old fashioned fun - check out all the great Independence Day events that are going on in and around Kaufman County over the next week!

City of Forney Independence Day Celebration - Saturday, July 1 at 6 PM - 10 PM

Ennis Freedom Fest - July 1

2017 Red White and Boom in Kaufman - July 1, 2017

Heartland Patriotic Picnic - July 1, 2017

Thunder Over Cedar Creek Lake (Air Show) - July 1, 2017

Scurry Freedom Fest - Jul 1 - Jul 3

Terrell Annual July 4th Fireworks Display at Ben Gill Park - July 4, 2017

Seagoville July 4th Celebration at Bruce Central Park - July 1, 5:00 PM - 11:00 PM

 

Posted in News
June 27, 2017

Pre-Approval Should Always Be Your First Step When Purchasing A Home In Kaufman, TX

Pre-Approval Should Always Be Your First Step When Purchasing A Home In Kaufman, TX

If you are considering purchasing a home, even if you have to sell your current home first, you will definitely want to get pre-approved for a home loan first.

In Kaufman, just like in many markets across the country, the number of buyers searching for their dream homes outnumber the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

While there is not much difference between the pre-qualification and pre-approval letter, the pre-approval provides stronger proof to the seller that the buyer will be able to close because more due diligence has been done by both the buyer and the lender to prove purchase ability. 

Even if you are in a market that is not as competitive, knowing your budget, which will be provided by your lender, will give you the confidence of knowing if your dream home is within your reach. 

Freddie Mac lays out the advantages of pre-approval in the My Home section of their website

It’s highly recommended that you work with your lender to get pre-approved before you begin house hunting. Pre-approval will tell you how much home you can afford and can help you move faster, and with greater confidence, in competitive markets.

One of the many advantages of working with a local real estate professional is that many have relationships with lenders who will be able to help you with this process. Once you have selected a lender, you will need to fill out their loan application and provide them with important information regarding “your credit, debt, work history, down payment and residential history.”  

Freddie Mac describes the 4 Cs that help determine the amount you will be qualified to borrow: 

  • Capacity: Your current and future ability to make your payments
  • Capital or cash reserves: The money, savings, and investments you have that can be sold quickly for cash
  • Collateral: The home, or type of home, that you would like to purchase
  • Credit: Your history of paying bills and other debts on time

Getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and it often helps speed up the process once your offer has been accepted. 

Bottom Line

Many potential home buyers overestimate the down payment and credit scores needed to qualify for a mortgage today. In addition many lenders have programs that can help with down payment and closing costs! If you are ready and willing to buy a home in Kaufman, you may be pleasantly surprised at your ability to do so.   

For more real estate information on Combine TX, Crandall TX, Ennis TX, Fate TX, Forney TX, Heartland TX, Heath TX, Kaufman TX, Kemp TX, Mclendon-Chisom TX, Mesquite TX, Oak Ridge TX, Rockwall TX, Rowlett TX, Scurry TX, Seagoville TX, Sunnyvale TX, Talty TX or Terrell TX contact us now or call or text us at 972-971-4929.

Search for the newest listings in Kaufman by map (click picture below) 

 

Thinking of buying a home? Call or text 972-971-4929 for more information. 

Posted in Buying, Market, News
June 25, 2017

Real Estate Tip- First impressions count.

Real Estate Tip- First impressions count.

Real Estate Tip- Sellers: First impressions count. Make sure your home has great curb appeal. Make sure the grass is cut, leaves are raked, sidewalks are swept and edged, and planting beds are freshly mulched.??If you or someone you know is thinking about buying or selling, please let us know.

For more real estate information on Combine TX, Crandall TX, Ennis TX, Fate TX, Forney TX, Heartland TX, Heath TX, Kaufman TX, Kemp TX, Mclendon-Chisom TX, Mesquite TX, Oak Ridge TX, Rockwall TX, Rowlett TX, Scurry TX, Seagoville TX, Sunnyvale TX, Talty TX or Terrell TX contact us now or call or text us at 972-971-4929.

Posted in Selling
June 23, 2017

Home for sale: 512 Shorecrest Flower Mound TX

Home for Sale in Flower Mound TX: 512 Shorecrest 

LOCATION, LOCATION, LOCATION! Unique find close to Lake Grapevine. This 2 bd 2 ba home is located in Shady Point Acres subdivision. NO HOA! Within walking distance to the lake and the hiking and biking trail head of Northshore Trail. No need to wait for the 4th of July for fireworks! You can view the fireworks from the Gaylord Texan every Friday night at Lakeside Point. Sits on almost a .5 acre and is heavily treed. If you are looking for a one of a kind find, this is it! Bring your rehab ideas and come take a look. This home has a ton of possibilities. For more information and photos of this house click here.

To schedule your showing of this or any other home for sale in Flower Mound, TX, contact us now!

Posted in Buying, Homes for Sale, News
June 21, 2017

Crandall Housing Market Update for May 2017

Crandall Housing Market Update for May 2017

Year-over-year new listings increased by 1 Crandall in May with 9 new listings in May 2017 & there was 8 listings in May 2016.  However, Crandall saw a slight drop from April 2017 which when there was 11 new listings.

The average days on market remains low in Crandall where it takes approximately 2 months to sell a home.  The chart below that shows the change in DOM since December 2016.

Crandall, TX May 2017 Sold Homes

Number of sold homes: 9 (Up 13% compared to May 2017)

Median sold price: $219,990 (Up 12% compared to May 2017)

Days on the market: 64 (Up 22 days compared to May 2017)

 

Crandall, TX May 2017 Single-Family Homes on the Market

New listings: 15 (Up 114% compared to May 2017)

Active listings: 14 (Up 100% compared to May 2017)

Pending sales: 10 (Down 23% compared to May 2017)

  

For more real estate information on the Crandall TX real estate market, contact us now or call or text us at 972-971-4929.

 

Posted in Buying, Market, News, Selling
June 20, 2017

Kaufman Housing Market Update for May 2017

Kaufman Housing Market Update for May 2017

Year-over-year new listings remained the same in Kaufman in May with 19 new listings in both May 2016 & May 2017.  However, there was 1 more listings in April than in May of 2017.

The average days on market remains low in Kaufman where it takes approximately 2 months to sell a home.  The chart below that shows the change in DOM since December 2016.

Kaufman, TX May 2017 Sold Homes

Number of sold homes: 19 (No change compared to May 2017)

Median sold price: $155,000 (Down 2% compared to May 2017)

Days on the market: 60 (Up 10 days compared to May 2017)

 

Kaufman, TX May 2017 Single-Family Homes on the Market

New listings: 25 (Up 9% compared to May 2017)

Active listings: 41 (Down 29% compared to May 2017)

Pending sales: 35 (No change compared to May 2017)

  

For more real estate information on the Kaufman TX real estate market, contact us now or call or text us at 972-971-4929.

June 19, 2017

Forney Housing Market Update for May 2017

 

Forney Housing Market Update for May 2017

Year-over-year new listings increased slightly in Forney in May from 161 new listings in May 2016 to 164 new listings this May.  However, there were 34 more listings in this month than there were in April.

The average days on market remains low in Forney where it takes less than 1-2 months to sell a home.  The chart below that shows the change in DOM since December 2016.

Forney, TX May 2017 Sold Homes

Number of sold homes: 131 (Up 21% compared to May 2017)

Median sold price: $238,000 (Up 16% compared to May 2017)

Days on the market: 39 (Up 5 days compared to May 2017)

 

Forney, TX May 2017 Single-Family Homes on the Market

New listings: 164 (Up 2% compared to May 2017)

Active listings: 225 (Up 63% compared to May 2017)

Pending sales: 186 (Up 3% compared to May 2017)

  

For more real estate information on the Forney TX real estate market, contact us now or call or text us at 972-971-4929.

June 18, 2017

Is Homeownership a Good Investment in Forney, TX?

As our society utilizes technology more and more, we have become dependent on satisfying our need for instant gratification and no longer take the time to plan for the future. This includes the benefits many overlook when determining if they should purchase a home now that could save hundred of thousands of dollars during their lifetime.  

There has never been a better time to buy a house in Forney Texas right now.

For that reason, I will try to answer this question: Is homeownership a good financial investment? 

According to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 33.1%.” The report may have some people thinking about buying a home instead of signing another lease extension, but does that make sense from a financial perspective?

Ralph McLaughlin, Trulia’s Chief Economist explains: “Owning a home is one of the most common ways households build long-term wealth, as it acts like a forced savings account. Instead of paying your landlord, you can pay yourself in the long run through paying down a mortgage on a house.”

The article also listed five reasons why owning a home makes financial sense:

- Mortgage payments can be fixed while rents go up.

- Equity in your home can be a financial resource later.

- You can build wealth without paying capital gains.

- A mortgage can act as a forced savings account.

- Overall, homeowners can enjoy greater wealth growth than renters.

Bottom Line

Before you sign another lease, let’s get together and discuss all your options.

For more real estate information on Combine TX, Crandall TX, Ennis TX, Fate TX, Forney TX, Heartland TX, Heath TX, Kaufman TX, Kemp TX, Mclendon-Chisom TX, Mesquite TX, Oak Ridge TX, Rockwall TX, Rowlett TX, Scurry TX, Seagoville TX, Sunnyvale TX, Talty TX or Terrell TX contact us now or call or text us at 972-971-4929.

Search for the newest listings in Forney by map (click picture below) 

Thinking of selling your home? Call or text 972-971-4929 for more information. 

 

Posted in Buying, Market, News
June 14, 2017

Home for sale: 2014 Brenham Drive Heartland TX

Home for Sale in Heartland TX: 

2014 Brenham Drive 

Great opportunity to get in this spacious 4 bedroom, 3.5 bath, 3 car garage History Maker Home in Heartland, TX. Granite countertops, large island and Whirlpool appliances in Kitchen. Downstairs features 9” ceilings, wood burning fireplace, study with french doors and rounded corners and arched openings. For more information and photos of this house click here.

To schedule your showing of this or any other home for sale in Heartland, TX, contact us now!

Posted in Homes for Sale