Best of the Ebby Blog 2014


Best of the Ebby Blog 2014

2014 was a big year for the Ebby Blog- we had a major redesign and realized a newfound dedication to being a top resource for real estate, home decor, luxury properties, DFW news and so much more. A huge thank you to all of our loyal readers for making this the best and most highly-trafficked year in the history of the Ebby Blog!

 

Here are the ten most read stories on our site this year:

 

 1. Rosson Named to Southlake Chamber Board: Carolyn Rosson, sales manager of our Southlake Office, was appointed to the Board of Directors of the Southlake Chamber of Commerce in June.

 

2. This Week in Food & Beverage News: It seems the week of September 9 was a big one for our foodie readers.

 

3. 101 Decorating Secrets: This collection of tips covered everything from painting and measurements to lighting choices and floor staining.

 

4. Jonas Brothers Home Hits Market: Luxury homes are always a hit with our readers, especially when they belong to celebrities.

 

5. What Buyers Want: New-Home Design Trends: Buyers in the market for a new home had a special list of desired home trends this year, some of which may surprise you.

 

6. 4 DIY Fire Pits for Spring NightsThe idea of a cool spring night outside by a warm fire is appealing to just about everyone. This article outlined 4 ways to build a fire pit of your own.

 

7. Fresh Listing Friday: Custom with Character: Our most popular Fresh Listing Friday this year was a custom home in Carrollton complete with an open floor plan, beautiful design, and an exquisite backyard.

 

8. Diana Ross Plays the Meyerson: We were proud to sponsor this event at the Meyerson in April showcasing “Female Entertainer of the Century,” Diana Ross.

 

9. Love Where You Live: Living Room: In celebration of Valentine’s, we featured 7 days of beautiful spaces that we fell for in homes around DFW. The last day, which featured a living room in Dallas, captured the hearts of readers as well.

 

10. Happy Birthday, Ebby: Our extraordinary leader turned 103 years old in March. We were touched by the number of comments and birthday wishes we received on this post.

Last-Minute New Year’s Eve Solutions


New Year’s Eve is almost here! If you’re looking for easy, last-minute solutions to make your night one to remember, head over to our dedicated Pinterest board, Holiday Cheer. Whether you’re counting down with friends, family, or both, we have fun DIY’s, activities, decor, and recipes to make this New Year’s Eve the best one yet!

 

Here are a few examples of what you’ll find:

Last-Minute New Year's Eve Solutions

Feature We Love: Lake Living


Ever dream of owning a home on the water where you can watch red sunsets and hear the sounds of nature around you? You’re not alone. We have an incredible inventory of waterfront homes that offer all of this and more.

 

Because we can’t fit them all in one post, we’re featuring 6 homes that show the wide variety of lake living options available around DFW. To see more about these homes, click the links below. If you’d like to see our entire inventory, click here.

Feature We Love: Lake Living1. 106 Noweta Place, Lake Kiowa  2. 624 Lukehaven Drive, Pottsboro  3. 688 Eagle Point Drive, Mount Vernon  4. 175 Esquire Estates Road, Mabank  5. 994 Craft Road, Bells  6. 811 N. Shore Drive, Highland Village

 

Need A New Year’s Eve Ride? Take DART


Need A New Year's Eve Ride? Take DART

If you’re looking for easy transportation solutions for New Year’s Eve or New Year’s Day, you’re in luck. Dallas Area Rapid Transit (DART) and the Trinity Railway Express (TRE) want to make sure you get to and from your events safely with extended hours and services. Here are the details:

 

Wednesday, December 31:

DART buses and the TRE will be on a regular weekday schedule, but an extra westbound TRE train will leave 20 minutes after the Big D NYE fireworks at Victory Station outside American Airlines Center.

 

DART Rail has a regular weekday schedule until midnight. Trains will then run every 30 minutes until 2 a.m. Two-car trains will operate on the Red, Orange and Blue lines with three-car trains on the Green Line.

 

If you’re attending the Big D NYE party, the last DART trains will leave from the event as follows:

-Red Line to Parker Road departs West End at 2:14 am.

-Red Line to Westmoreland departs West End at 2:18 am.

-Blue Line to Downtown Rowlett departs West End at 2:17 am.

-Blue Line to Ledbetter departs West End at 2:16 am.

-Orange Line to Parker Road departs Victory at 1:57 am.

-Orange Line to DFW Airport departs Victory at 2:05 am.

-Green Line to North Carrollton/Frankford departs Victory at 2:29 am.

-Green Line to Buckner departs Victory at 2:02 am.

 

On Thursday, January 1, DART buses and light rail and DART Paratransit will all run on a Sunday schedule, but TRE will not be in service.

 

For more information on these schedules and pick up stations, click here.

Wonderful One Stories


There’s something in our hearts that connects with one story homes. Their charm, humble beauty, and wealth of character have been calling out to us recently for a devoted post on the Ebby Blog. So, here it is. Take a look at six beautiful homes that contain so much on just one floor.

Wonderful One Stories

^3218 Jubilee Trail, Dallas

Wonderful One Stories

^8411 Sweetwater Drive, Dallas

Wonderful One Stories

^6009 Palo Pinto Ave., Dallas

Wonderful One Stories

^3828 Lawndale Ave., Fort Worth

Wonderful One Stories

^9003 Diceman Drive, Dallas

Wonderful One Stories

^10512 Robindale Drive, Dallas

Loan Lingo Made Easy


 mortgage-cloud

 

Buying a home can be overwhelming, especially when you add in the loan lingo used by lenders and real estate agents, according to Alex Parker, sales manager at Home Team Mortgage – Ebby’s affiliated mortgage source. To help alleviate some of the confusion, below are some common terms frequently used in the mortgage process:

 

FHA Mortgage

FHA is a type of mortgage that offers lower down payments, lower credit and less income to qualify. These mortgages are government backed by the Federal Housing Administration.

 

VA Mortgage

VA mortgages are loans catered to qualified veterans, active-duty military personnel and reservists. These loans require no down payment and are guaranteed by the Department of Veteran Affairs.

 

Conventional Mortgage

Conventional mortgages are loans offering a wide range of options for borrowers. Some features may include monthly or single premium mortgage insurance, second liens, and higher loan amounts.

 

Fixed Rate Mortgage

This is a mortgage loan for which the interest rate is fixed for the life of the loan. The principal and interest payment does not vary. As with every loan, the escrowed portion of the payment may fluctuate up or down depending on the tax or homeowner’s insurance changes.

 

Adjustable Rate Mortgage (ARM)

This is a mortgage loan for which the interest rate may change annually, often after a set number of years. ARMs are tied to indexes which are used to determine changing rates to align with the current market. The principal and interest payment may vary up or down, along with the escrowed portion of the payment.

 

Annual Percentage Rate (APR)

The APR illustrates the annual cost of financing, including interest rate, fees and charges and is expressed as an annual interest rate. Because you may be paying loan discount points and other prepaid finance charges at closing, the APR disclosed is often higher than the interest rate on your loan. This APR can be compared to the APR on other loan programs to give you a consistent means of comparing rates and programs.

 

Pre-Qualification

A process by which a lender assesses whether a borrower qualifies for a mortgage based on information provided by the customer. Typically, a prequalification is an informal review as a preemptive to pre-approval and full loan approval.

 

Pre-Approval

A process by which a lender verifies information including credit, income and asset information to assure the borrowers qualify for the mortgage. A pre-approval is much more powerful in negotiating as it provides peace of mind for buyers, sellers and agents.

 

To learn more about the mortgage process and to determine how much you qualify to borrow for a home purchase, contact Home Team Mortgage at 972-665-1900 or customerserviceyhtm@yhtm.com.

What $200k Gets You in DFW


We’re always curious about what you can get for the money in different areas around D-FW. So, today we’re exploring 6 homes that can be yours for $200,000 or less.

 

Take a look at these beautiful listings in Dallas, Wylie, Trinidad, Garland and Fort Worth.

What $200k Gets You in DFW

^$199,700: 2739 Jamestown Drive, Wylie

What $200k Gets You in DFW

^$199,000: 111 Beachwood Drive, Trinidad

What $200k Gets You in DFW

^$191,500: 6202 Eagle Nest Drive, Garland

What $200k Gets You in DFW

^$190,000: 7509 Canyon Crest Court, Fort Worth

What $200k Gets You in DFW

^$189,500: 1225 Pecan Valley Drive, Garland

What $200k Gets You in DFW^184,900: 11373 Earlywood Drive,Dallas

What Millennials Want in a Home


What Millennials Want in a Home

The recently-released 2013 American Housing Survey (AHS) outlines important information about the next generation of home owners and their home buying habits. This group is comparatively young, with little to no accumulated wealth, and yet one out of every three households who moved in the last two years and bought a home were millennials.

 

Here are a few of the major findings that the survey revealed:

-3 out of 4 millennial home buyers were first-time buyers. In total they bought more than 2.6 million homes over the last two years

-The median age of a millennial home buyers is 28 years old, 46% of them are married, more than 26% have kids, and they report a median income of more than $60,500

-More than 2/3 of millennial buyers in the last two years bought single-family detached properties. However, they are more likely than older generations to buy a condominium

-The group has a tendency toward older, smaller, and less expensive homes. Half of these purchased homes averages less than 1,650 sq. ft. and cost less than $148,500.

-When ranking their reasons to buy, millinneals reported 1) to establish their own household, 2) needed larger unit, 3) to own

-While older generations chose homes based on size, millennials are more influenced by finances

-Millennials, compared to older generations, are more likely to take proximity to work and good schools into account when choosing which neighborhood to live in

-This group is more likely to use unconventional zero-down mortgages

 

To see the full report, provided by HousingEconomics.com, click here.

Fresh Listing Friday: Bright & Beautiful Condo


freshlisting11

Happy Friday, all! This week on Fresh Listing Friday, we’re taking a closer look at the condominium at 5055 Addison Circle #201 in Addison. It has so much to offer and is outfitted with wonderful finishes.

 

Here are the important details you need to know:

-2 bedrooms, 2 1/2 bathrooms, 2,175 sq. ft and 2 parking spaces listed for $265,000

-Open floor plan with many windows and refinished, light hardwood flooring

-A balcony and a large patio

-Access to a pool and grill area, fire pit, and concierge service

-HOA fees include internet and cable

 

Now let’s get to the pictures (Remember, you can click any of them to see the full property page):

Fresh Listing Friday: Bright & Beautiful Condo

^Exterior of the condo complexFresh Listing Friday: Bright & Beautiful Condo

^View from the front of the unit looking towards the back where a half bath, two full baths, two bedrooms and the patio can be foundFresh Listing Friday: Bright & Beautiful Condo

^Dining/living area at the front of the unit with recess lighting and balcony access through French doorsFresh Listing Friday: Bright & Beautiful Condo

^Open kitchen with granite countertops, a peninsula with seating, stainless-steel appliances including a gas cooktop, and ample cabinetry and storage

Fresh Listing Friday: Bright & Beautiful Condo

^One of two bedrooms, this one with patio accessFresh Listing Friday: Bright & Beautiful Condo

^One of two bathrooms, this one with dual sinks and a large glass shower. Both full bathrooms feature marble flooring and countertops.Fresh Listing Friday: Bright & Beautiful Condo^Spacious patio at the back of the unit

 

To see all the listings that were new to the DFW housing market this week, click here.

Top Tips for Home Buyers, Sellers


CM Top Tips lg

 

Homes selling for asking price, multiple offers on the same property, “hip-pocket” listings shared only by word of mouth, it’s no secret that the North Texas housing market is booming.

 

To help you navigate these unprecedented homebuying and selling waters, we polled Ebby Associates and collected their top tips for today’s buyers and sellers.

 

Buyers

* Be qualified. Pre-plan financing by meeting with a mortgage lender ahead of time and receive a pre-approval letter that may be submitted when you make a written offer. “Less paperwork and more personal attention” is more than a saying at Home Team Mortgage Company, an Ebby affiliate company where you’ll enjoy a frustration-free experience from loan application to decision.

 

* Act quickly. In a hot market, acting slowly or sleeping on it may cost you the opportunity to buy the home of your dreams. If you’ve found a home you’d be thrilled with, don’t wait to submit an offer.

 

* Offer a compelling price. Sellers often price their homes based on historical sold data or appraisals, and in a strong market such as ours where prices are rising, homes may sell for the listing price or higher. Study the sold comps, but also compare the house you want to other homes on the market, and ask yourself, “What price am I willing to pay, and at what price am I willing to lose this house?”

 

 

Sellers

* Market near and far. You have the best chance of selling your home for the highest price by exposing it to the largest number of potential buyers. When you list your home with Ebby Halliday, it will enjoy extraordinary exposure on ebby.com, the gold standard in residential real estate websites.

 

* Respond and keep momentum. There is an old adage that time kills deals. A buyer’s interest is at a peak at the time he or she submits an offer, so keep the momentum going, choose the best offer, and respond promptly in writing.

 

* Don’t be greedy. If a buyer offers an acceptable price and terms, sign the offer and your Ebby Associate will schedule a closing appointment and expertly guide you through the home-inspection and closing process.

 

Whether you’re considering listing your home or buying a home in North Texas, it’s always a good idea to visit the website voted one of the industry’s best by the Web Marketing Association, ebby.com. To download the Ebby Halliday Realtors App from the Apple App Store or Google Play Store, search for Ebby Halliday Realtors.