The Prosper, Celina and Frisco Real Estate market did not take a break for the holidays. We are still seeing multiple offers on the vast majority of homes that come on the market, with homes going into contract typically within about a week (or less). Home inventory is still very low in the area with Prosper, Celina and Frisco all having less than one month supply of homes. Buyers may see a little relief over the next couple of months if inventory increases and some buyers tap the breaks on their home search as interest rates rise.
Dallas-based Merit Homes provides real time updates of all properties for sale so you have direct access to homes throughout the Dallas Metroplex. Contact us today to sell or buy your next property! (214) 903-6727 Written by guest blogger, Sharon Wagner Image by Pexels As our loved ones age, they often depend on us for […]
Housing market recession? Depends on who you ask. Quick Take:Home prices fell for the first time this year, declining 2.4% month-over-month, according to the National Association of Realtors.The number of home sales continued to slow for the sixth month in a row, helping inventory climb higher.The housing market is trending more meaningfully toward balance, although […]
As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only defined by its price. Location is also an important factor. It could be a condo at a […]