Kaufman County Real Estate News & Market Statistics

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
June 12, 2017

4 Reasons Why You Should Buy a House This Summer in Kaufman County

4 Reasons Why You Should Buy a House This Summer in Kaufman County

For most, purchasing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home. 

Today I would like to share with you 4 Reasons Why You Should Buy a House This Summer instead of waiting.

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.1% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.9% over the next year.  Locally in Kaufman County the median home sales price in May 2017 increased to $215,795, which is 21% higher than the median sales price in May 2016.

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase

Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have remained around 4%. Most experts predict that they will begin to rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors are in unison, projecting that rates will increase by this time next year.

An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.

3. Either Way, You are Paying a Mortgage

There are some renters who 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 yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing cost to work for you? 

4. It’s Time to Move on with Your Life 

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe now is the time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

To protect your interests and assure that you make the best possible decisions, it's important that you have a knowledgeable local agent on your side who is an expert in the Kaufman County real estate market.

We are dedicated to keeping informed about our local market. Rest assured that we will provide you with a well-informed, and the most updated strategic view for your home purchase in Kaufman County.

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

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

For more real estate information on Combine TX, Crandall TX, Forney TX, Heartland TX, Kaufman TX, Kemp TX, Oak Ridge TX, Scurry TX, Talty TX or Terrell TX contact us now or call or text us at 972-971-4929.

Posted in Buying, Market, News
June 10, 2017

Home for sale: 309 E Linden Street Ennis TX

Home for Sale in Ennis TX: 309 E Linden Street 

Great opportunity to get in a 4 bedroom, 2 bath home in Ennis, TX. Ceramic tile, crown molding and chair railing are just a few of the added extras. 1 car garage features both front & rear entrances. This home also has a large back yard with many large shade trees and a storage building. HUD Case #491-913890. All HUD properties sold “As-Is” without any guarantee or warranty by seller. Equal Housing Opportunity. (IE) Insurable. Visit www.HUDHomeStore.com & www.SageAcq.com for disclosures and more information. For more information and photos of this house click here.

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

June 4, 2017

Home for sale: 6301 FM 1388 Kaufman TX

Home for Sale in Kaufman TX: 6301 FM 1388 

Enjoy the quiet country life in this charming, 2 bed, 2 bath, brick home on 4 acres! Ranch home with split bedroom floor plan that could easily be converted to 3 bedrooms. Property is fenced and cross fenced and features lots of trees, stock tank, barn and additional storage building. Location offers easy access to both schools and shopping. For more information and photos of this house click here.

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

Posted in Homes for Sale
June 4, 2017

Home for sale: 409 Phillips Circle Kaufman TX

Home for Sale in Kaufman TX: 409 Phillips Circle 

4 bedroom, 2 bath brick home in Kaufman, near elementary school. Great opportunity for an investor, or homebuyer with ability to complete some finishing repairs. 4th bedroom is a garage conversion that could easily be returned to a garage. Large backyard also has a shed perfect for storing mowing equipment. This home is in a well established neighborhood and is close to schools and shopping! For more information and photos of this house click here.

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

Posted in Homes for Sale