74 Homes Closed Escrow (SOLD) in This Week in #Frisco

74 homes closed escrow (SOLD) last week in #Frisco. 46 of those sold in under 30-days on market!

A homes on Plantation Ln sold for 7.3% over asking price.  Keep up-to-date on homes that sell in #Frisco!

Know what is selling, when and for how much. If you own a home in Frisco, you need to know this information! 

 

Texas law requires all license holders to provide the Information About Brokerage Services Form to prospective clients.

 

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Derrick Houston
Rogers Healy and Associates
214.385.1221
Licensed In: TX
License #: 0592037
Contact Me

     

How Does Housing Help Build Family Wealth?

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As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way to dramatically increase their family wealth is through the acquisition of real estate.

For example, let’s assume a young couple purchased and closed on a $250,000 home in January. What will that home be worth five years down the road? 

Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists every quarter. They ask them to project how residential prices will appreciate over the next five years. According to their latest survey, here is how much value that $250,000 house will gain in the coming years.

How Does Housing Help Build Family Wealth? | Simplifying The Market

Over a five-year period, that homeowner can build their home equity to over $40,000. And, in many cases, home equity is large portion of a family’s overall net worth.

Bottom Line

If you are looking to better your family’s long-term financial situation, buying your dream home might be a great option.

91 Listings New to MLS This Week in #Frisco

91 new listings in ‪#‎Frisco‬ this week!

A 3 bedroom, 3 bath home on Sand Hill Dr has over 3,100 sq ft with wood floors, study-sunroom and covered front porch. 

Buyers and Homeowners! Stay on top of the market and get new listings in #Frisco immediately sent to you. Before even Zillow, Trulia and other real estate websites with all photos, details, school information and more!

 

What is your home worth?
Search All Homes For Sale
Frisco Homes for Sale
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Derrick Houston
Rogers Healy and Associates Real Estate
214.385.1221
Licensed In: TX
License #: 0592037
Contact Me

     

New & Existing Home Sales Climb [INFOGRAPHIC]

Some Highlights:

  • Both New Home Sales and Existing Home Sales are up month-over-month and year-over-year.
  • Inventory remains low which continues to drive home prices up as demand continues to exceed the 4.7-month inventory.
  • The median price of new homes is up 12% from March 2015, while the median price of existing homes is up 6.3% from April 2015.

Unparalleled Trust Necessary Before Listing Your House

You and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do you need to trust them?

You must have enough trust in them that you feel comfortable they will accomplish all four things below: 

1. Sell possibly the largest asset your family owns

In many cases, a home is the largest asset a family has. Studies have shown that the equity many families have in their home is the largest percentage of that family’s overall wealth. 

2. Set the correct market value on that asset

Pricing is crucial even in the best of markets. You want to get the best price for your home without putting your house at a value that buyers will have little interest in.

3. Set the time schedule for the liquidation of that asset

Your family probably has a certain timetable for the sale of your house and the move into your next home. Coordinating the home selling process to meet certain schedules can be tricky.

4. Set a fair fee for the services required to liquidate that asset

You will need to pay a commission to an agent for selling the home and coordinating all elements of the selling transaction, including possible future negotiations (ex. with a home inspector or appraiser).

That’s a lot of trust. Let’s get together to discuss the difference hiring a true professional can make in the sale of your home.