Act Now to Get Ahead of Spring Home Market


	Act Now to Get Ahead of Spring Home Market

 

What was once considered real estate wisdom – the ideal time to list your home for sale is the traditional spring selling season – is no longer true for North Texas homeowners.

 

“Year-over-year home sales for December and the current low inventory of homes available to purchase indicate there is no reason to wait until spring to list your home for sale,” says Mary Frances Burleson, president and CEO of Ebby Halliday Realtors. “The latest numbers from North Texas Real Estate Information Systems offer a very compelling case for those sellers who would like to get a head start on the competition.”

 

A few of the highlights from the NTREIS numbers for December 2016 vs. December 2015 include:

 

*  The average sales price for a North Texas home rose 7.4 percent to $281,596.

 

*  Inventory was down 12 percent to 2.2 months supply.

 

*  The number of homes for sale was down 10.5 percent.

 

*  Finally, the average time a home was on the market was down 4.1 percent to 47 days.

 

“These numbers make it clear that the winter of 2017 offers the ideal climate in which to list a North Texas property for sale,” Burleson says. “Potential sellers should act now to get ahead of the traditional spring market.”

 

If you’re considering listing your home, contact an Ebby Associate to learn more about the real estate market in your neighborhood and to find out what your home is worth in today’s fast-paced market. To find the right agent for your residential real estate needs, visit the the all-new, mobile-friendly ebby.com.

 

Pricing a Property is Serious Business


 

Strategic pricing is the key to selling your home at an attractive price in an acceptable amount of time. While many brokers will gladly list your home, the reality is if it is not properly priced your home may sit on the market month after month and actually help sell competing properties.

 

At Ebby Halliday, our Associates take pricing your property very seriously. Your Ebby Associate will utilize Multiple Listing Service data to create a Competitive Market Analysis that estimates a market-value range for your home based on the recent action of buyers and sellers in your neighborhood. A few of the factors your Ebby Associate will consider when estimating your property’s market value:

 

* Successfully sold homes – Lists the selling price of recently purchased homes comparable to yours.

* Competitive properties for sale – Since they are not yet sold, the market value is undetermined, but they are important, as buyers most likely will view and compare these properties with yours.

* Pending sales – Though they have not yet closed, homes under contract are a good indicator of value in the current market.

* Failed to sell – The listed price of these homes suggests what potential buyers will not pay.

 

If you’re curious about what your home is worth in North Texas’ fast-paced housing market, visit the award-winning ebby.com, where you’ll find just the right real estate professional for your needs.

O’Gorman, Greene Among Tops in U.S.


Longtime industry leaders Cindy O’Gorman and Paulette Greene

 

The O’Gorman Group and the Paulette Greene Group were recently named to the 2014 REAL Trends Top Thousand. Compiled by The Wall Street Journal and REAL Trends Inc., the “Thousand” is comprised of four annual nationwide Top 250 rankings. The new rankings are  based on 2013 sales.

 

The O’Gorman Group, led by Preston Keller Associate Cindy O’Gorman, ranked No. 48 on the Teams by Sales Volume List with $146,319,408 in residential real estate sales in 2013 and No. 227 on the Teams by Transaction Sides list with 257 sides during the same period.

 

The Paulette Greene Group, led by Frisco Associate Paulette Greene, ranked No. 144 on the Teams by Sales Volume list with $97,163,827 in residential real estate sales in 2013.

 

“Congratulations to both Cindy O’Gorman and Paulette Greene for their truly outstanding performance,” says Mary Frances Burleson, president and CEO of Ebby Halliday Realtors. “Both of these professionals are widely admired by clients and peers alike. We are so proud to have them as members of the Ebby Halliday Family.”