NE TEXAS Real Estate News

 

235 Hickory Street
Blossom, TX
3 bedroom 2 bath home in Blossom, TX




Offered at $56,500235hickorystreet.iHouseNet.com

Cute 3 bedroom 2 bath brick home in Blossom, TX. This home is in Prairiland ISD. The exterior offers a large corner lot and storage building. The interior has a kitchen and dining combo, breakfast bar and large laundry room. Sold AS-IS.


Sherry Dickson & Associates Real Estate Team

Mobile: 903-361-2733
sherrydicksonteam@gmail.com
www.sherrydickson.com





Harold Carter, REALTORS | 2741 E. Price St. | Paris | TX | 75460
Posted by NE TEXAS REALTY GROUP on May 23rd, 2019 12:03 PM
 

600 Rasure Circle
Sulphur Springs, TX
Nice 3 bedroom 3 bath home in Sulphur Springs, TX




Offered at $210,000600rasurecircle.iHouseNet.com

HUD OWNED HOME FHA CASE# 511-112580. SOLD AS-IS. Great location close to shopping and dining. Nice corner lot with shade trees and large fenced back yard. The interior offers 3 large bedrooms and 3 full bathrooms. Nice kitchen and dining combo with breakfast bar, granite counters and appliances. Large master suite has separate garden tub and walk in shower. Nice sunroom or second living area, extra storage in garage and more. Let's look. Marketed by Olympus AMS. www.olympusams-re.com. All offers submitted at www.hudhomestore.com. CROSSROADS: HWY 11 & Park Springs RD


Sherry Dickson & Associates Real Estate Team

Mobile: 903-361-2733
sherrydicksonteam@gmail.com
www.sherrydickson.com





Harold Carter, REALTORS | 2741 E. Price St. | Paris | TX | 75460
Posted by NE TEXAS REALTY GROUP on May 23rd, 2019 12:03 PM

196 County Road 4554
Winnsboro, TX
Great 3 bedroom 2 bath home in Winnboro, TX




Offered at $125,000196countyroad4554.iHouseNet.com

HUD Owned Home. Case#511-187903. SOLD AS-IS. Secluded 3 bedroom 2 bath home located in Winnsboro near Horseshoe Bend Lake. Great location with fenced yard and storage building. Marketed by Olympus AMS. www.olympusams-re.com. All offers submitted at www.hudhomestore.com. CROSSROADS: FM 2088 and County Road 4550


Sherry Dickson & Associates Real Estate Team

Mobile: 903-361-2733
sherrydicksonteam@gmail.com
www.sherrydickson.com





Harold Carter, REALTORS | 2741 E. Price St. | Paris | TX | 75460
Posted by NE TEXAS REALTY GROUP on May 23rd, 2019 12:03 PM
 

56 Erin Drive
Pottsboro, TX
Great 3 bedroom 3 bath home in Pottsboro, TX




Offered at $220,00056erindrive.iHouseNet.com

Lake Texoma home in the Cambridge Shores subdivision. This home is a 3 bedroom 3 bath home with detached garage workshop and additional lots. The interior offers a large living room with fireplace, office on second floor, nice sized kitchen and additional living and dining areas. Come take a look at this one. Sold AS-IS.


NE Texas Regional Realty-Kevin Riney, Broker

Office: 903-361-2733
netxrealtysales@gmail.com





NE Texas Regional Realty | 1700 FM 195 #111 | Paris | TX | 75462
Posted by NE TEXAS REALTY GROUP on May 23rd, 2019 12:03 PM
 

1024 Finsbury Lane
Forney, TX
Don't miss out! 4 bedroom brick home in Forney, TX




Offered at $315,0001024finsburylane.iHouseNet.com

HUD Owned Home FHA Case# 511-171744. Sold AS-IS. Beautiful executive home in the Devonshire Addition of Forney, TX. This home offers 4 bedrooms and 2.5 baths with split floorplan offering the master suite on the first floor. This home has nice hardwood floors, granite counters, stainless appliances, formal dining and office. The exterior has a fenced back yard overlooking the walking trail, covered patio and much more. This home is a must see and will not last long! Marketed by Olympus AMS. www.olympusams-re.com. All offers submitted at www.hudhomestore.com. Cross Streets: Highgate Rd & FM 548


NE Texas Regional Realty-Kevin Riney, Broker

Office: 903-361-2733
netxrealtysales@gmail.com





NE Texas Regional Realty | 1700 FM 195 #111 | Paris | TX | 75462
Posted by NE TEXAS REALTY GROUP on May 23rd, 2019 12:03 PM
Sellers are often doing overwhelming double duty.
  • They want to know all about the neighborhood competition, so they can disregard those competing listings. Sellers look for confirmation that their home is "the one."
  • At the same time, sellers may also be buyers, shopping in another real-estate-price range or location for their next home. Resulting double-duty stress may leave them too distracted and exhausted to limit emotional reactions to the offers they receive. This can prevent them from properly weighing offer details.

Buyers and sellers are only interested in "the one," but professionals know that every property they view augments their expertise. Their growing body of knowledge adds to their practical value for the buyers and sellers they serve.

Professionals view real estate because they love this work. They gain their livelihood from perfecting their skill in quickly and accurately evaluating each property they tour. Professionals are determined to analyze and retain information as they work, knowing they'll use this knowledge to serve their clients. Buyers and sellers would rather just walk into "the one" and be done.

2017 Resolution: Stop doing the work a professional is trained to do for you in the process of arranging the best deal in real estate and mortgages. Instead, in 2017, concentrate on selecting professionals who are trained to serve you and have acquired the expertise to outsmart those selling you things.

Invest time understanding the type and level of expertise you need to achieve your goals. Investigate a few professionals to discover the best match. Ask for disclosure of any relationships, biases, and fees that will slant the professional toward or against specific lenders, companies, properties, or products. Some professionals sell their companies products exclusively; others offer independent, open market searches.

With the chosen professional clarify exactly what you want, need, and don't want. Ask a lot of questions, answer their questions, and let them get to work for you. Leave them to view dozens and dozens of properties on your behalf. If you're shopping for a mortgage, let the professional scour the field of lenders.

The real estate professional will relay details and photos or videos of their findings and zero in to locate the handful of possibilities that you should see firsthand. Your mortgage broker will present the pros and cons of the few ideally-suited mortgages. In all cases, the choice will be yours.

If you're a seller, use your freed-up time to de-clutter the house and keep it pristine. If you are a buyer, concentrate on getting your finances in order and saving more money to buy the house or arrange a smaller mortgage. Or, in either case, just take a stress-free break.


Posted in:Home Selling Tips and tagged: Home selling tips
Posted by NE TEXAS REALTY GROUP on May 23rd, 2019 9:37 AM

Clear it out and clean it up

The first step in preparing any home for sale is to clear it out and clean it up, getting rid of clutter and personal items and scrubbing it down.

De-cluttering -- and having a pristine home from top to bottom -- are the no-brainers that can make your real estate look better than the house down the block. Your home must be cleaner and less cluttered than it's ever been. You need to banish not just the day-to-day buildup (the mail, the shoes, last season's clothes, the dog hair), but also several years' accumulation.

Removing kids' toys, outdated furnishings, and excessive knickknacks can help. Whatever you can't sell or donate, box up and store at a friend or relative's house, or rent a storage unit for a couple of months. Or, if you can do so neatly and without compromising your garage space, stack them along a wall.



Depersonalize

A house that reflects your personal style from floor to ceiling and all over the walls (and every other surface) will have a hard time appealing to buyers.

Prospective buyers won't be able to picture themselves in the house if they're surrounded by dozens of photos of your children and grandparents.

Update the bathroom

Not everyone has the funds for a big bathroom renovation prior to selling. Smart changes can make a big difference.

Avoid dated tile by painting. Bathrooms sell houses, but dated tile in a bathroom doesn't. A low-cost alternative to replacing the tile is to use paint. First coat the tiles with a high-adhesion primer.

Next, brush on a special ceramic epoxy covering. For a fraction of the cost of new tile, you will have an up-to-date bathroom that brings in big bucks.

Pay attention to design details

After you've cleared away the clutter, you want to focus on creating simple, elegant designs. It's easier than it seems.

For a visual impact on a table without a lot of fuss, remember a design basic: Groupings of odd numbers always do the trick! Three of a kind, like…hurricane jars, filled with something as simple as pinecones, makes a ridiculously easy and dynamic table scape.



Up your curb appeal

Make sure you make a great first impression, or you might not have an opportunity to make a second impression.

You may have spent hours making sure the kitchen is clean, and doing so is worth the effort. But remember, the facade is the first part of your house a potential buyer will see. A little landscaping can go a long way. Strapped for time? Potted plants placed around the front door will add welcome charm to your entryway.

Pay attention to odors

We get used to our environment, so we might notice that musty smell or cat box aroma. Have your realtor or a trusted friend do a walk through and give you an honest assessment—not just of the way the house looks, but how it smells. Then take action to improve it. Start by steam cleaning the carpets and any upholstered pieces that need it.

Don't ignore the windows

Windows that are cloaked by outdated or heavy window coverings can negatively impact the image your home projects. Open the blinds and replace drapes with inexpensive versions that will let the light in and frame the views.



Upgrade the Furniture

Giving your home a fresh, clean look with new furniture can make it feel more modern and appeal to more buyers. Don't have money for new stuff? Try giving worn-out pieces a pick-me-up with new pillows or a slipcover.

While you're at it, take a look at your furniture layout too. Your preferred setup may not be the most appealing one to would-be buyers. Where logical, opt for a social layout that makes it easy to envision the space being enjoyed among family and friends.

Give rooms a single purpose

That home office that doubles as a guest room is useful, but when it comes time to sell your home, pick one and run with it. Potential buyers are confused by extra rooms that have a mishmash of uses.

Posted in:Home Selling Tips and tagged: Home selling tips
Posted by NE TEXAS REALTY GROUP on May 22nd, 2019 11:23 AM
        

What to Consider When Choosing Your Home To Retire In

What to Consider When Choosing Your Home To Retire In |MyKCM

As more and more baby boomers enter retirement age, the question of whether they should sell their homes and move has become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.

According to the National Association of Exclusive Buyers Agents (NAEBA), there are 7 factors that you should consider when choosing your retirement home.

1. Affordability

“It may be easy enough to purchase your home today but think long-term about your monthly costs. Account for property taxes, insurance, HOA fees, utilities – all the things that will be due whether or not you have a mortgage on the property.”

Would moving to a complex with homeowner association fees actually be cheaper than having to hire all the contractors you would need to maintain your home, lawn, etc.? Would your taxes go down significantly if you relocated? What is your monthly income going to be like in retirement?

2. Equity

“If you have equity in your current home, you may be able to apply it to the purchase of your next home. Maintaining a healthy amount of home equity gives you a source of emergency funds to tap, via a home equity loan or reverse mortgage.”

The equity you have in your current home may be enough to purchase your retirement home with little to no mortgage. Homeowners in the US gained an average of over $9,700 in equity last year.

3. Maintenance

“As we age, our tolerance for cleaning gutters, raking leaves and shoveling snow can go right out the window. A condominium with low-maintenance needs can be a literal lifesaver, if your health or physical abilities decline.”

As we mentioned earlier, would a condo with an HOA fee be worth the added peace of mind of not having to do the maintenance work yourself?

4. Security

“Elderly homeowners can be targets for scams or break-ins. Living in a home with security features, such as a manned gate house, resident-only access and a security system can bring peace of mind.”

As scary as that thought may be, any additional security is helpful. An extra set of eyes looking out for you always adds to peace of mind.

5. Pets

“Renting won’t do if the dog can’t come too! The companionship of pets can provide emotional and physical benefits.”

Consider all of your options when it comes to bringing your ‘furever’ friend with you to a new home. Will there be necessary additional deposits if you are renting or in a condo? Is the backyard fenced in? How far are you from your favorite veterinarian?

6. Mobility

“No one wants to picture themselves in a wheelchair or a walker, but the home layout must be able to accommodate limited mobility.”

Sixty is the new 40, right? People are living longer and are more active in retirement, but that doesn’t mean that down the road you won’t need your home to be more accessible. Installing handrails and making sure your hallways and doorways are wide enough may be a good reason to look for a home that was built to accommodate these needs.

7. Convenience

“Is the new home close to the golf course, or to shopping and dining? Do you have amenities within easy walking distance? This can add to home value!”

How close are you to your children and grandchildren? Would relocating to a new area make visits with family easier or more frequent? Beyond being close to your favorite stores and restaurants, there are a lot of factors to consider.

Bottom Line

When it comes to your forever home, evaluating your current house for its ability to adapt with you as you age can be the first step to guaranteeing your comfort in retirement. If after considering all these factors you find yourself curious about your options, let’s get together to evaluate your ability to sell your house in today’s market and get you into your dream retirement home!

Posted in:Home Buying Tips and tagged: Home Buying Tips
Posted by NE TEXAS REALTY GROUP on May 21st, 2019 9:52 AM

How Quickly Can You Save Your Down Payment?

How Quickly Can You Save Your Down Payment? | MyKCM

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state.

Using data from HUD, Census and Apartment List, we determined how long it would take, nationwide, for a first-time buyer to save enough money for a down payment on their dream home. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their monthly housing expense.

By determining the percentage of income spent renting in each state, and the amount needed for a 10% down payment, we were able to establish how long (in years) it would take for an average resident to save enough money to buy a home of their own.

According to the data, residents in Kansas can save for a down payment the quickest, doing so in just over 1 year (1.12). Below is a map that was created using the data for each state:

How Quickly Can You Save Your Down Payment? | MyKCM

What if you only needed to save 3%?

What if you were able to take advantage of one of Freddie Mac’s or Fannie Mae’s 3%-down programs? Suddenly, saving for a down payment no longer takes 2 to 5 years, but becomes possible in less than a year in most states, as shown on the map below.

How Quickly Can You Save Your Down Payment? | MyKCM

Bottom Line

Whether you have just begun to save for a down payment or have been saving for years, you may be closer to your dream home than you think! Let’s get together to help you evaluate your ability to buy today.

Posted by NE TEXAS REALTY GROUP on May 20th, 2019 1:21 PM

Renters Paying Substantially More While Owning Costs Less

Renters Paying Substantially More While Owning Costs Less | MyKCM

In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased.

“CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.”

Renters Paying Substantially More While Owning Costs Less | MyKCM

Why the difference between the costs of renting versus owning?

It makes sense that rents have risen. However, how did mortgage payments decrease? CoreLogic explained:

“It’s mainly because mortgage rates back in December 2005 were significantly higher, averaging 6.3% for a fixed-rate 30-year loan, compared with 4.6% in December 2018.

The national median sale price in December 2005 – $190,000 – was lower than the $220,305 median in December 2018, but because of higher mortgage rates in 2005 the typical monthly mortgage payment was slightly higher back then – $941 – compared with $904 in December 2018.”

Additionally, a recent report by the National Association of Realtors (NAR) showed that purchasing a home requires less of your monthly paycheck.

According to the Economists’ Outlook Blog, NAR’s February 2019 Housing Affordability Index showed that the “percentage of income needed” to pay the typical mortgage has decreased the last three months.

  • November – 17.3%
  • December – 16.9%
  • January – 16.2%
  • February – 15.9%

Bottom Line

What does this all mean to the current housing market? We think First American said it best in a post last week:

“The mortgage rate-driven affordability surge has arrived just in time… Rising affordability has already benefited home buyers and, if the lower rate environment persists, we’re in for a great spring home-buying season.”

Posted in:Home Buying Tips and tagged: Home Buying Tips
Posted by NE TEXAS REALTY GROUP on May 16th, 2019 9:54 AM

New Study Reveals One Surprising Reason for the Inventory Shortage

New Study Reveals One Surprising Reason for the Inventory Shortage | MyKCM

There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a home, blaming them for the dip in homeownership rate.

While it is true that millennials have achieved milestones like getting married, having kids, and buying homes later in life than their parents and grandparents did, they are not solely to blame for today’s housing market trends.

Freddie Mac’s Insight Report explored the impact of the Silent and Baby Boomer Generations on the housing market.

If millennials are unable to find a home to buy at a young age like their predecessors, then who is living in those homes?

The answer: Seniors born after 1931 are staying in their homes longer than previous generations, instead choosing to “age in place.”

Freddie Mac found that,

“this trend accounts for about 1.6 million houses held back from the market through 2018, representing about one year’s typical supply of new construction, or more than half of the current shortfall of 2.5 million housing units estimated in December’s Insight.

Older Americans prefer to age in place because they are satisfied with their communities, their homes, and their quality of life.”

According to the National Association of Realtors, inventory of homes for sale is currently at a 3.5-month supply, which means that nationally we are in a seller’s market. A ‘normal’ housing market requires 6-7 months inventory, a level we have not achieved since August 2012.

“The most important fundamental in today’s housing market is the lack of houses for sale. This shortage has been identified as an important barrier to young adults buying their first homes.”

Bottom Line

If you are one of the many seniors who desires to retire in the same area you’ve always lived, you’re not alone. Will your current house fit your needs throughout retirement? If you have any questions about demand for your house, let’s get together to discuss the opportunities available today!

Posted in:Home Buying Tips and tagged: Home Buying Tips
Posted by NE TEXAS REALTY GROUP on May 14th, 2019 9:33 AM

With Inventory Low: Will Your Dream Home Need Some TLC?

With Inventory Low: Will Your Dream Home Need Some TLC? | MyKCM

According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value!

Realtor.com’s Chief Economist, Danielle Hale, pointed to low-inventory at the entry-level price range for the increase in willingness to renovate.

“The combination of rising home prices and limited entry-level homes for sale is prompting many home shoppers to consider homes that need renovating.

Replete with inspiration at their fingertips – like Pinterest, Instagram, and various home renovation TV shows – some home shoppers are comfortable tackling home renovation jobs to find a home that balances their needs with their budget.”

Just over half of all respondents who said they would be willing to buy a home in need of some TLC, would also spend more $20,000 to make the home fit their needs.

The most common ‘expected’ renovation is a kitchen remodel which can run anywhere from $22,000 for a minor remodel to $66,000 for a major remodel.

This isn’t a new trend by any means. According to the Joint Center for Housing Studies at Harvard University, home improvement project spending reached a new high in 2018.

“Americans spent $336.9 billion on remodeling projects, up 7.4% from the $313.6 billion a year earlier.”

Home renovation television shows have given many buyers hope that they could renovate a home they can afford into their dream home!

Bottom Line

If you are one of the many Americans considering buying a home this spring, let’s get together to help you find a house with the potential to be your dream home!

Posted in:Home Buying Tips and tagged: Home Buying Tips
Posted by NE TEXAS REALTY GROUP on May 10th, 2019 9:16 AM

Homeowners have big windows that bring light, views and the outdoors into their homes or recreational properties. But all that glass can be a killer. Every year, millions of birds die when they fly into glass.

Commercial buildings were once thought to be the biggest culprit, with confused birds flying into windows at night. That still accounts for large numbers of bird deaths, but more recent research shows that one and two-storey homes and cottages are to blame for the majority of bird strikes. Most of those strikes happen during daylight hours.

Putting visual markers on the exterior of the glass is more effective than pulling down blinds or closing curtains but they have to be installed correctly. Many people put up hawk silhouettes, but they don't work well. Birds may avoid the immediate area where the silhouette is because they see something is there, but the rest of the window is still exposed.

Residential tape or dots placed on the outside surface of windows is more effective. Spacing dots in 2x2-inch or 2x4 inch patterns is enough of a visual cue and from inside the dots aren't noticeable.

Pick a contrasting color, for example white dots on a window shaded by overhangs.

Being bird friendly may even be an excuse to get out of a household chore.

During mating season, aggressive male robins and jays tend to bump against the window, thinking their own reflection is another bird.

Applying soap to the windows will help. On the bright side, when it rains you'll have clean windows, but the downside is that you'll have to reapply.


Winter is also a bad time for bird strikes, as more people put bird feeders in their yards. Position bird feeders less than 1.5 feet from your windows, or more than 30 feet away, to prevent birds from flying into bird feeder reflections. Having the feeder more than 30 feet away reduces the chance of a feeder being reflected in the window and having it closer than 1.5 feet away means birds have already started to slow down and if they do hit the window may not be as badly injured.

If you find an injured bird contact your local wildlife rehabilitator for further instructions.


Posted in:Home Owner Tips and tagged: Home Owner Tips
Posted by NE TEXAS REALTY GROUP on May 8th, 2019 2:50 PM
If Your Home Hasn’t Sold Yet… Definitely Check the Price! | Simplifying The Market

If Your Home Hasn’t Sold Yet… Definitely Check the Price!

The residential housing market has been hot. Home sales have bounced back solidly and are now at their fourth highest pace over the past year. Demand has remained strong ­throughout spring as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house?

If your house hasn’t sold, it could be the price.

If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prosp­­ective buyers that will even see your house. See chart below.

If Your Home Hasn’t Sold Yet… Definitely Check the Price! | Simplifying The Market

Bottom Line

The housing market is hot. If you are not seeing the results you want, sit down with your agent and revisit the pricing conversation.

Posted in:Home Selling Tips and tagged: Home selling tips
Posted by NE TEXAS REALTY GROUP on May 7th, 2019 4:16 PM

Selling Your House: Here's Why You Need A Pro In Your Corner!

Selling Your House: Here’s Why You Need A Pro In Your Corner! | MyKCM

With home prices on the rise and buyer demand still strong, some sellers may be tempted to try to sell their homes on their own rather than using the services of a real estate professional.

Real estate agents are trained and experienced in negotiation while, in most cases, the seller is not. Sellers must realize that their ability to negotiate will determine whether or not they get the best deal for themselves and their families.

Here is a list of just some of the people with whom the seller must be prepared to negotiate with if they decide to For Sale by Owner (FSBO):

  • The buyer, who wants the best deal possible
  • The buyer’s agent, who solely represents the best interests of the buyer
  • The buyer’s attorney (in some parts of the country)
  • The home inspection companies, which work for the buyer and will almost always find some problems with the house
  • The termite company, if there are challenges
  • The buyer’s lender, if the structure of the mortgage requires the sellers’ participation
  • The appraiser, if there is a question of value
  • The title company, if there are challenges with certificates of occupancy (CO) or other permits
  • The town or municipality, if you need to get the CO permits mentioned above
  • The buyer’s buyer, in case there are challenges with the house your buyer is selling

Bottom Line

The percentage of sellers who have hired real estate agents to sell their homes has increased steadily over the last 20 years. Let’s get together to discuss all that we can do to make the process of selling your house easier for you.

Posted in:Home Selling Tips and tagged: Home selling tips
Posted by NE TEXAS REALTY GROUP on May 6th, 2019 9:36 AM

Looking to Upgrade Your Current Home? Now's the Time to Move-Up!

Looking to Upgrade Your Current Home? Now’s the Time to Move-Up! | MyKCM

In every area of the country, homes that are priced at the top 25% of the price range for that area are considered to be Premium Homes. In today’s real estate market there are deals to be had at the higher end! This is great news for homeowners who want to upgrade from their current house and move-up to a premium home.

Much of the demand for housing over the past couple years has come from first-time buyers looking for their starter home, which means that many of the more expensive homes that have been listed for sale have not seen as much interest.

This mismatch in demand and inventory has created a Buyer’s Market in the luxury and premium home markets according to the ILHM’s latest Luxury Report. For the purpose of the report, a luxury home is defined as one that costs $1 million or more.

“A Buyer’s Market indicates that buyers have greater control over the price point. This market type is demonstrated by a substantial number of homes on the market and few sales, suggesting demand for residential properties is slow for that market and/or price point.”

The authors of the report were quick to point out that the current conditions at the higher end of the market are no cause for concern,

“While luxury homes may take longer to sell than in previous years, the slower pace, increased inventory levels and larger differences between list and sold prices, represent a normalization of the market, not a downturn.”

Luxury can mean different things to different people. It could mean a secluded home with a ton of property for privacy to one person, or a penthouse in the center of it all for someone else. Knowing what characteristics you are looking for in a premium home and what luxury means to you will help your agent find your dream home.

Bottom Line

If you are debating upgrading your current house to a premium or luxury home, now is the time!

Posted in:Home Buying Tips and tagged: Home Buying Tips
Posted by NE TEXAS REALTY GROUP on May 3rd, 2019 9:22 AM
To view this property website, click the picture or visit: http://9367morrisdrive.iHouseNet.com
 

9367 Morris Drive
Quinlan, TX
2 bedroom 1 bath home in Quinlan




Offered at $32,300 9367morrisdrive.iHouseNet.com

2 bedroom 1 bath home in Hawk Cove area of Lake Tawakoni. This home is located in the Whiskers Retreat Subdivision and is in the Quinlan ISD. The home offers a circle driveway, attached carport and storage area, wood deck and lots of shade trees in the back yard. The interior has a split floorplan with a bedroom on each floor.


NE Texas Regional Realty-Kevin Riney, Broker

Office: 903-361-2733
netxrealtysales@gmail.com





NE Texas Regional Realty | 1700 FM 195 #111 | Paris | TX | 75462
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 3:02 PM
To view this property website, click the picture or visit: http://152nw25thstreet.iHouseNet.com
 

152 NW 25th Street
Paris, TX
3 bedroom 1 bath home in NW Paris




Offered at $22,900 152nw25thstreet.iHouseNet.com

Cute NW Paris home with vinyl siding and corner lot. This home offers a detached garage. The interior has 3 bedrooms and 1 bath, hardwood floors and separate dining room. This home would be a great investment opportunity. Let's look!


NE Texas Regional Realty-Kevin Riney, Broker

Office: 903-361-2733
netxrealtysales@gmail.com





NE Texas Regional Realty | 1700 FM 195 #111 | Paris | TX | 75462
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 3:00 PM
5 Reasons You Should Sell This Summer | Simplifying The Market

5 Reasons You Should Sell This Summer

Here are five reasons listing your home for sale this summer makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory is currently at a 4.2-month supply, well under the 6-months needed for a normal housing market. This means, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory could be coming to the market soon.

There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last two years. Many of these homes will be coming to the market this summer.

Also, builder’s confidence in the market has hit its highest mark in over 11 years. Experts are predicting that new construction of single-family homes will ramp up this summer.

The choices buyers have will continue to increase. Don’t wait until all this other inventory of homes comes to market before you sell.

3. The Process Will Be Quicker

Fannie Mae anticipates an acceleration in home sales that will surpass 2007’s pace. As the market continues to strengthen, banks will be inundated with loan inquiries causing closing-time lines to lengthen. Selling now will make the process quicker & simpler. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to a new low of 42 days, after seeing a 12-month high of 48 days in January.

4. There Will Never Be a Better Time to Move Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by 4.9% over the next year, according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

You can also lock in your 30-year housing expense with an interest rate around 4% right now. Rates are projected to increase in the next 12 months.

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

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.

Posted in:Home Selling Tips and tagged: Home selling tips
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 2:57 PM
To view this property website, click the picture or visit: http://1226arizona.iHouseNet.com
 

1226 Arizona
Princeton, TX
Must see 4 bedroom home in Princeton, TX




Offered at $229,500 1226arizona.iHouseNet.com

Great 4 bedroom 2 and half bath brick home in the Cypress Bend Addition of Princeton, TX. This home is only minutes from McKinney for shopping and dining. Come take a look at this 2 story home with split bedroom floorplan, large master suite with walk in closet on first floor, attached 2 car garage, fenced back yard, 3 additional bedroom and bath on second floor, granite counter tops, tile flooring and more. This one will not last long! Let's look!


Sherry Dickson & Associates Real Estate Team

Mobile: 903-361-2733
sherrydicksonteam@gmail.com
www.sherrydickson.com





Harold Carter, REALTORS | 2741 E. Price St. | Paris | TX | 75460
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 2:56 PM
To view this property website, click the picture or visit: http://1108whitehalllane.iHouseNet.com
 

1108 Whitehall Lane
Greenville, TX
Nice 3 bedroom home in Greenville




Offered at $205,000 1108whitehalllane.iHouseNet.com

HUD Owned Home. FHA case# 491-821752. Sold AS-IS. Nice location and subdivision on this 3 bedroom 3 and half bath brick home. This home offers a 2 car attached garage, fenced back yard with covered patio and nice covered front porch. The interior offers a large kitchen and breakfast room combo, formal dining, large living room with gas log fireplace, master bedroom has a separate office area with fireplace and French doors, large master bath with separate shower and jetted tub and much more. Come take a look before it is gone! Marketed by Olympus AMS. www.olympusams-re.com. All offers submitted at www.hudhomestore.com. CROSSROADS: Jack Finney Blvd & Old Mills Rd


Sherry Dickson & Associates Real Estate Team

Mobile: 903-361-2733
sherrydicksonteam@gmail.com
www.sherrydickson.com





Harold Carter, REALTORS | 2741 E. Price St. | Paris | TX | 75460
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 2:53 PM
Some of us look at our garage as a place meant for storing tools, toys, sporting gear, landscaping equipment and perhaps an extra fridge or two. We often lose sight of its main purpose: to store and protect some of our most valuable possessions - our vehicles. With winter coming on, there are more reasons than ever to get that garage cleaned out so it can serve its intended purpose well, and some aren't as obvious as just protecting it from the bad weather.

1. Use it as a Protective Shield


Parking in a garage protects your car from dangers like hail, which can crack windshields and ding sheet metal in extreme cases. But perhaps more importantly, it also reduces the chance of damage from a more common overhead source: our fine feathered friends. Bird droppings are highly acidic, and that, combined with what alternating sun and cold can do to an exposed car, is a recipe for potentially expensive paint damage. Additionally, while parking in your driveway may be safer than parking in the street, where your vehicle is right in the path of traffic, moving into a garage raises the bar. Now, you're out of the way of delivery trucks, visitors and people turning around, too.

2. Think about the Bottom Line

Beyond protecting your vehicle from accidental damage, putting your vehicle out of sight helps decrease opportunities for the intentional kind of damage as well. After all, a locked garage puts another layer of security between your vehicle and potential thieves, and it decreases the chance of vandalism in the same way. There's a double advantage here: First, you can guard against any costs that could arise out of those malicious actions themselves, but then you can further save on insurance. This is because many insurance companies offer lower rates if you regularly garage your car or truck.

3. Keep it Made in the Shade

If you've ever had to start your work day by digging your car out of a snowy driveway, and/or scraping off a layer of ice from the windows, you already know of the key benefits to parking in a clean garage. It's also better for your car. Even in the dead of winter, your car is warmer in a garage than if it's exposed to the wind and elements, and the warmer your car's oil and other fluids, for example, the easier it is on the engine when starting up.

The flipside to those winter benefits will show up with the better weather. Your car will stay out of the heat of the sun and won't have to work as hard to reach comfortable operating conditions. Parking in a garage will also limit your car's exposure to UV rays, which can be particularly harmful to a vehicle's interior. Along with causing the cabin surfaces to fade and crack, the hot sun also can be surprisingly harmful to you—by heating up the steering wheel and seats to painful levels. None of that is an issue with a garaged vehicle.

4. Bring Out Your Inner Mechanic

Doing your own minor car repairs can be both economical and great for your ego, and a picked-up garage can provide a clean, relatively weather-free place for your efforts. You'll also have access to electrical outlets for handy resources such as tools, lights, heaters and fans. Learning to change the oil is a simple starting point that can give you the confidence to try other automotive challenges—although if this seems daunting, there's always topping off your own windshield-wiper fluid. A garage keeps you covered from the elements, so you can tinker to your heart's content.

5. Keep the Critters Away

Finally, you should clean your garage not just to keep your car in, but also to keep pests out. Messy garages make attractive homes for rats, mice, spiders and other unwelcome critters, many of which are eager to follow you right into your home. Some, like termites, bring destructive results anywhere they're found. With that in mind, you'll want to reduce mess as much as you can. And don't forget to go the extra mile to weatherproof your garage when you're done, so the pests can't get back in. This also will help prevent pets and other animals from taking shelter in a warm engine compartment or other areas of a vehicle, then getting injured—or worse—when the vehicle is started.

Posted in:Home Owner Tips and tagged: Home Owner Tips
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 2:50 PM
To view this property website, click the picture or visit: http://224harrisharbor.iHouseNet.com
 

224 Harris Harbor
Point, TX
Large home in quiet subdivision on Lake Tawakoni




Offered at $234,000 224harrisharbor.iHouseNet.com

HUD Owned Home FHA Case# 511-190604. Sold AS-IS. One of a Kind! This 6 bedroom 6 full bath 2 story lake home is move in ready and has more to offer than I can list. This is a must see to appreciate. Located in Whispering Oaks Subdivision of Lake Tawakoni. Detached garage workshop with electric, circle drive and huge yard. Split floorplan with a bathroom for each bedroom, walk in closets, 3 living areas and neutral colors. Let's look. This one won't last long! Marketed by Olympus AMS. www.olympusams-re.com. All offers submitted at www.hudhomestore.com. CROSSROADS: HWY 276 & Oak Leaf Trail


Sherry Dickson & Associates Real Estate Team

Mobile: 903-361-2733
sherrydicksonteam@gmail.com
www.sherrydickson.com





Harold Carter, REALTORS | 2741 E. Price St. | Paris | TX | 75460
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 2:50 PM
To view this property website, click the picture or visit: http://2308andersdrive.iHouseNet.com
 

2308 Anders Drive
Mesquite, TX
Nice 3 bedroom 2 bath home in Mesquite




Offered at $176,000 2308andersdrive.iHouseNet.com

HUD Owned Home. FHA Case# 491-782569. Sold AS-IS. Great location near shopping and schools. Quiet neighborhood with dead end street and rear alley access to your attached 2 car garage and 2 car carport. Nice fenced yard with covered patio and storage building. The interior offers a large living room with fireplace, kitchen and breakfast combo and formal dining room. Enjoy the large master bath with huge walk-in closet and separate dressing area. Let's take a look. Marketed by Olympus AMS. www.olympusams-re.com. All offers submitted at www.hudhomestore.com. CROSSROADS: Gus Thomasson RD and John Glenn PKWY


NE Texas Regional Realty-Kevin Riney, Broker

Office: 903-361-2733
netxrealtysales@gmail.com





NE Texas Regional Realty | 1700 FM 195 #111 | Paris | TX | 75462
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 2:47 PM
Selling Your Home? Is Your Listing ‘Pet-Friendly’? | Simplifying The Market

Selling Your Home? Is Your Listing ‘Pet-Friendly’?

One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers rather than alienate the 61% of American households that have a pet!

If you are one of the many homeowners looking to list your home for sale, how do you stand out to the millions of pet parents searching for their dream homes?

Whether a dog person, a cat person, or someone who prefers the company of another pet species, 99% of pet owners say that they consider their animal to be family. When finding a home, 95% of animal owners believe it is important that a housing community allows animals.

A recent study by the National Association of Realtors (NAR) revealed that there are many aspects of the home buying, selling and owning experience that have been greatly impacted by American’s love for their pets.

This should come as no surprise as $66.75 billion was spent on pets in the U.S in 2016, with $70 billion projected for 2017. NAR’s President William E. Brown shed some light on the impact of pet owners and their home search,

“In 2016, 61 percent of U.S. households either have a pet or plan to get one in the future, so it is important to understand the unique needs and wants of animal owners when it comes to homeownership.  

REALTORS® understand that when someone buys a home, they are buying it with the needs of their whole family in mind; ask pet owners, and they will enthusiastically agree that their animals are part of their family.”

The Power of Pets When Choosing the Right Home

  • 89% of pet owners say they would not give up their pet due to a housing restriction
  • 81% of Americans say their pets play a role in their housing situation
  • 31% of animal owners have refused to put in an offer on a home because it wasn’t a good fit for their animals
  • 19% of Americans say they would consider moving for their pet
  • 12% percent have moved for their pet

New home builders have actually begun installing retractable pet gates that tuck away neatly inside door jams as a highly requested feature in new homes to attract pet-parents, according to Builder.com.

So, if you are a homeowner looking to sell in today’s pet-friendly environment, point out the features of your home that will attract pet owners:

  • Fully fenced in backyard – (91% of pet owners ranked this as the most important feature of a home to accommodate their pet)
  • Locations of dog parks/walking paths/pet-friendly beaches in the area (71% ranked this as the top feature of any neighborhood they would consider)
  • Proximity to veterinarians/groomers/pet supply stores (31%)

Bottom Line

Americans love their pets and will look for pet-friendly features in the home they wish to buy, so take advantage of this knowledge by pointing out your home’s ability to meet their needs.

Posted in:Home Selling Tips and tagged: Home selling tips
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 2:43 PM
To view this property website, click the picture or visit: http://486commonwealthlane.iHouseNet.com
 

486 Commonwealth Lane
Fate, TX
Must See! 5 bed 3 bath home in Fate, TX




Offered at $285,000 486commonwealthlane.iHouseNet.com

Super location in Fate, TX in the Williamsburg Addition. This home is a newer 5 bedroom 3 bath brick on a corner lot. Heath ISD. The interior offers hardwood floors, granite countertops, huge kitchen with stainless appliances, gas fireplace and more. Separate formal dining room and study are a plus. Split bedroom floorplan with 2 bedrooms downstairs and 3 bedrooms upstairs. Lots of storage and walk in closets. This home has a lot to offer and is a must see. Sold AS-IS. This property may qualify for Seller Financing(Vendee).


Sherry Dickson & Associates Real Estate Team

Mobile: 903-361-2733
sherrydicksonteam@gmail.com
www.sherrydickson.com





Harold Carter, REALTORS | 2741 E. Price St. | Paris | TX | 75460
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 2:43 PM
 

301 Greenhill Park Avenue
Mount Pleasant, TX
Great location 4 bed 3 bath home in Mt. Pleasant




Offered at $286,000 301greenhillparkavenue.iHouseNet.com

Great executive home in Greenhill Park Addition. This home offers great curb appeal with the circle drive in front and gated rear entry. The interior offers 4 bedrooms 2 full baths, nice kitchen with stainless appliances, gas fireplace in the living room lots of tile and hard wood floors and much more. There is a huge master suite, walk in closets and nice game room upstairs. The back yard is a dream with the inground pool, hot tub and sauna plus a huge covered patio and privacy fencing. All this is walking distance to the Town Lake and Mt Pleasant Country Club. Sold AS-IS.


Sherry Dickson & Associates Real Estate Team

Mobile: 903-361-2733
sherrydicksonteam@gmail.com
www.sherrydickson.com





Harold Carter, REALTORS | 2741 E. Price St. | Paris | TX | 75460
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 2:40 PM
69% of Buyers are Wrong About Down Payment Needs | Simplifying The Market

69% of Buyers are Wrong About Down Payment Needs

According to a recent survey conducted by Genworth Financial Inc. at the Annual Mortgage Bankers’ Association Secondary Market Conference, 69% of mortgage professionals say that first-time buyers still believe a 20% down payment is necessary to buy in today’s market.

Nearly 40% of mortgage industry professionals surveyed believe that a lack of knowledge about the home-buying process is keeping potential buyers on the sidelines. Saving for a down payment is often cited as a huge barrier for first-time homebuyers to make the leap into homeownership.

If homeowners believe that they need a 20% down payment to enter the market, they also believe that they will have to wait years (in some markets) to come up with the necessary funds to buy their dream homes.

The greatest source of confusion cited in the survey results centered around down payments. The results are broken down in the chart below:

69% of Buyers are Wrong About Down Payment Needs | Simplifying The Market

Rohit Gupta, CEO of Genworth Mortgage Insurance had this to say,

“While first-time homebuyers continue to drive the purchase market, we believe many are staying on the sidelines due to the misconception that a 20 percent down payment is required to secure a mortgage.

There are various low down payment options available today that allow prospective homebuyers to reach their dreams of homeownership sooner. It is crucial that, as an industry, we proactively educate eligible borrowers about solutions that will enable them to buy a home when they’re ready.”

Bottom Line

Don’t let a lack of understanding of the home-buying process keep you and your family out of the housing market. Let’s get together to discuss your options!

Posted by NE TEXAS REALTY GROUP on May 1st, 2019 2:37 PM

Homeowners: Now Is A Good Time To Sell Your House

Homeowners: Now Is A Good Time To Sell Your House | MyKCM

Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down by state. Only 11 states have a stable level of seller traffic compared to the remainder of the country, which came in with a weak rating.

As we can see in the following table, the number of people who moved last year is half of what the rate was in the 1980s.

Homeowners: Now Is A Good Time To Sell Your House | MyKCM

This does not come as a surprise, as tenure length (the number of years someone owns a home before moving again) among existing homeowners has increased. It has risen from an average of 6 years from 1985 to 2008, up to 9.5 years over the last few years. This is shown in the graph below:

Homeowners: Now Is A Good Time To Sell Your House | MyKCM

As we can see, there is a pent-up seller demand!

What led to this change in behavior? Falling prices during the housing crisis led to many homeowners having negative equity in their home, meaning they owed more on their mortgage than the home was worth. Others were able to secure a low interest rate on their mortgage and have not been quick to obtain a new mortgage with a higher rate.

Will this trend continue?

Recently NAR reported that “69% of people believe now is a good time to sell a home.”

With a strong economy, low interest rates, and wages continuing to rise, some homeowners will be ready to put their house on the market and move up to the home of their dreams!

Bottom Line

There is a great opportunity for sellers to take advantage of the current real estate market before new inventory comes to market. If you are considering selling your house or would like to know your options, let’s get together today to help you understand the possibilities available to you!

Posted in:Home Selling Tips and tagged: Home selling tips
Posted by NE TEXAS REALTY GROUP on May 1st, 2019 2:21 PM
To view this property website, click the picture or visit: http://35farmroad2820.iHouseNet.com
 

35 Farm Road 2820
Sumner, TX
NIce 3 bedroom home on 0.67 acres.




Offered at $126,000 35farmroad2820.iHouseNet.com

Super location in Hopewell Community in the NLISD. 3 bedroom 2 and half bath brick home with 1711 SF living area. This home offers an attached 2 car garage and a detached 2 car carport, covered patio and front porch. The interior offers a large living room with fireplace, nice size kitchen with breakfast bar and nice size bedrooms. Over sized laundry room and extra storage in the garage are a plus. This one will not last long! Let's look.


NE Texas Regional Realty-Kevin Riney, Broker

Office: 903-361-2733
netxrealtysales@gmail.com





NE Texas Regional Realty | 1700 FM 195 #111 | Paris | TX | 75462
Posted by NE TEXAS REALTY GROUP on April 9th, 2019 12:14 PM

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