Scammers in the Neighborhood

We’ve reported on this type of rental scam for several years. It appears to be happening all over the country now.

No one wants to take the blame for the housing bust in this political season, but scammers and rip-off artists in the hundreds are working overtime to siphon dollars from the wreckage of the crash and its still-vulnerable victims.

Read more here:

Scammers in the neighborhood |

If you’re looking to lease a home, we suggest working with a licensed professional.

Find My iPhone – The Essential App

Last week Gina misplaced her iPhone. Usually this would not be a huge problem but we were leaving town the next morning for several days. I had installed the “Find My iPhone” app on my phone and iPad but had not yet updated her phone.

“Find My iPhone” is a “must have” application. It allows you to log into iCloud and locate your iPhone or iPad on a map. If your phone or iPad is ever lost or stolen, you can not only locate it, but the application also allows you to lock the device or delete all the data.

Gina’s phone was on silent that night so calling it did not help. “Find My iPhone” will over-ride silent mode and play a tone at the highest possible volume.

For some people losing their phone is an inconvenience. However, for many of us, our phones are a central part of our businesses. Do yourself a favor–install the free “Find My iPhone” app now. It will save you lots of time an aggravation later.

We wound up leaving town without her phone but we did find it when we returned home. “Find My iPhone” is now installed on her phone as well.

Click here to download “Find My iPhone” from iTunes.

Buyers, Buyers Everywhere But Few Sellers in Sight

Frustrated Buyer

While the rain drought in the greater Dallas area appears to be over, the number of available homes for sale continues to dry up. Buyers who have been sitting on the fence for two years are finally in the market but are finding few homes for sale.

Many sellers we’ve talked to want to wait until the spring to list their homes. While conventional wisdom is that the spring is the best time to list, I’m going to argue that now is the time rather than waiting until the spring.

Why? It’s about supply and demand.

Currently we have high demand and low supply. Listings are up 2 percent but sales are up 17.3 percent. Homes are selling almost 9 times faster than they are being listed. Days on market are down to 61 days and the average sales price is up 2.5 percent year-over-year.

In the spring, conventional sellers will be listing their homes driving up supply.

Thinking about selling?  This is one of the best times in years. Want to know your home’s value? Click here to get a free market analysis.

Are you looking for an experienced listing team? The Branch Team was named a 2012 Residential Real Estate Top Producing Team by D Magazine. Contact us at 214-227-6626.

Photo licensed from iStockPhoto

North Texas Inventory Shortage – It’s Simple Math!

Sold Sign

We’ve been talking about the lack of housing inventory for the past six months. We have a huge demand for houses and the ones on the market that are properly prepared, priced, and show-ready are under contract in a matter of weeks (in a few days below $200k).

The question we get asked the most is “why” is this happening.

It’s simple math! Take a look at the chart above–over the past 12 months we seen new listings rise 2 percent, yet closed sales are up over 17 percent. There’s more good news. Days on Market has dropped from 95 days to 71 days and the average sales price is up 2.5 percent over last year. Even more significant is the Months of Supply which is down 36.8 percent to just 3.4 months.

What’s the take-a-way for home sellers and buyers?

If you are looking to sell, this is the best time in years. Selling now allows you to move up or move down taking advantage of the market condition not only in selling but also allows you to take advantage of the historic low mortgage interest rates.

If you’re looking to buy, you need to move quickly. Gone are the days of searching for months and coming back to see how much prices have been reduced. Wait a few weeks and the house will be under contract. The same is true for making low offers just to see what happens. We’re seeing multiple offer situations on many houses.

Looking to sell or buy a home in the North Texas area?  Click here to search for homes for sale in north Texas.

Contact us at 214-227-6626 if you need more information or want to work with an award-winning real estate team in the north Dallas suburbs.

Photo licensed from ShutterStock | Chart created by the Collin County Association of REALTORs

Fall Creek in Allen, Texas

Fall Creek in Allen Texas

Phase 1 of Fall Creek is now under construction! Standard Pacific Homes is offering nine home plans ranging from 2500 to 4100 square feet with prices beginning in $340’s. There are 75 homesites in Phase 1.

Fall Creek is zoned to Allen ISD with children attending Kerr Elementary, Ereckson Middle School, the Lowery Freshmen Center, and Allen High School.

Fall Creek is located on Ridgeview between Exchange and Alma. This area is less than a mile from the Sam Rayburn Tollway offering easy access to fabulous shopping, entertainment and sports venues.

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Contact us at 214-227-6626 for more information about Fall Creek or any other new home development in the north Dallas suburbs.

Photo Copyright 2012 – Imaged2Sell

New Home Rebate

Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.

Click here for our New Home Rebates page.

Rita’s Ice Custard Happiness Opens in Plano

Gina and I attended the Plano Chamber of Commerce Ribbon Cutting for Rita’s Ice Custard Happiness in Plano yesterday afternoon.

Located at the northeast corner of Independence and Legacy, Rita’s offers traditional custard and Italian ices in numerous flavors. We tried samples of both and they were delicious!

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Rita’s “Cool Catering” offers to “put some happiness in your happening.”

For more information visit their website at or call Rita’s at 972-312-9640.

Photo Copyright 2012 – Tom Branch

Highland Homes Begins Pre-Sales in Lawler Park

lawler Park Frisco Texas

Highland Homes has just announced that they have begun pre-selling homes in Lawler Park – The Crossing. Located in Frisco, Texas this master planned community will have beautiful 75 by 125 foot home sites and Highland Homes will be introducing exceptional new floor plan designs. Home prices start in the $430’s.

Lawler Park is a master planned community located just north of State Highway 121 off of Independence Parkway. The Crossings will consist of 199 homes ranging from 2900 to 4700 square feet. Prices will begin in the $430’s.

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Lawler Park offers easy access to all that Frisco and north Dallas has to offer–shopping, restaurants, entertainment, and much more. Children will attend exceptional Frisco ISD schools.

Contact us for more information on Lawler Park or any other new home community in the north Dallas Suburbs.

Photo Copyright 2012 – Imaged2Sell 

New Home Rebate

Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.

Click here for our New Home Rebates page.