North Texas is Booming


North Texas is Booming

 

A brand-new analysis puts the cities of Richardson, McKinney and Frisco among the Top 10 American Boomtowns of 2015.

 

The rankings come from financial technology company SmartAsset, which looked at four economic factors in the country’s 575 largest cities. Rankings are based equally on the cities’ GPD growth rate, unemployment rate, net migration and housing growth.

 

Richardson comes in at No. 2, behind Loveland, Colo. McKinney finishes a close third. Frisco ranks No. 7. The Texas cities of Austin and Odessa rank sixth and eighth, respectively. Rounding out the Top 10 are Bend, Oregon; Bismarck, N.D.; Cape Coral, Fla.; and Westminster, Colo.

 

Ebby Halliday Realtors has long had a strong presence in Richardson, McKinney and Frisco, as well as across the entire North Texas region. For all of your residential real estate needs in North Texas and beyond, visit the award-winning ebby.com.

North Texas Home Prices Rise in February


R

 

North Texas home sales prices jumped by 13 percent in February over the same month last year.

 

Real estate agents sold 5,495 pre-owned North Texas homes last month – a 2 percent increase from February 2013, according to data from the Real Estate Center at Texas A&M University and North Texas Real Estate information Systems, Inc.

 

February’s home sales gain comes after a 1 percent drop in January from the previous year. That was the first dip in year-over-year pre-owned home sales in the area since early 2010. Notably, the inventory of homes for sale in North Texas in February was 12 percent lower than a year ago.

Days on Market Dwindle


Post 57days

 

It’s incredible, but true. The average time to sell a home in North Texas in 2013 was only 57 days. And, to top it off, Dallas-area home prices saw a record 9.94% increase in November, according to the just-released Standard & Poor’s/Case-Shiller Home Price Index.

 

Simply put, if you’re considering selling your North Texas home, now is the time to act. To find out what your property is worth — and to get ahead of the traditional spring market and the increased competition it will undoubtedly bring — contact an Ebby Associate today.

 

To find just the right agent for all of your residential real estate needs, visit the best address in real estate, ebby.com.

A Remarkable Year for North Texas Real Estate


6b_blog_FIN2

 

We have great economic news today for all North Texans. Residential real estate sales at the Ebby Halliday Companies, which includes Ebby Halliday Realtors and Dave Perry-Miller & Associates, topped $6.4 billion in 2013. That’s a record in our 68-year history and, remarkably, is a 25 percent increase over 2012.

 

“We are so grateful to our valued clients – both home buyers and sellers – who have entrusted us with one of the largest financial transactions of their lifetime,” says Mary Frances Burleson, president and CEO of the Ebby Halliday Companies. “Sales records of this magnitude reflect the exceptional performance of our more than 1,500 Associates. We are so pleased to recognize their professional accomplishment and success – they are the reason the Ebby Halliday Companies lead the North Texas real estate market.”

 

Thank you Mary Frances. We couldn’t have said it any better!

 

To learn more about Ebby Halliday Realtors, its Associates and listings, visit ebby.com. For more information about Dave Perry-Miller & Associates, its Associates and listings, visit daveperrymiller.com.

Where Did Americans Move in 2013?


M

Texas ranked among the top states in a recent study of where Americans moved in 2013. Fifty-six percent of moves involving the Lone Star State were inbound, placing it 7th on the list according to United Van Lines’ latest annual Migration Study. The study tracks the states the company’s customers move to and from during the course of a year.
The study concluded Oregon had the highest percentage of people moving in in 2013, while New Jersey once again saw more outbound moves relative to inbound moves than any other state — for the third time in the past four years.
United has tracked migration patterns on a state-by-state basis since 1977. The company classifies states as “high inbound” if 55 percent or more of the moves are going into the state, “high outbound” if 55 percent or more moves were coming out of the state, or “balanced” if the difference of inbound and outbound is negligible.
Below are the rankings from the United Van Lines study. To dig deeper, click here.

Moving In
1. Oregon
2. South Carolina
3. North Carolina
4. District of Columbia
5. South Dakota
6. Nevada
7. Texas
8. Colorado
Moving Out
1. New Jersey
2. Illinois
3. New York
4. West Virginia
5. Connecticut
6. Utah
7. Kentucky
8. Massachusetts
9. New Mexico