North Texas Real Estate News, Trends and Happenings

You’ll find our blog to be a wealth of information, covering everything from local market statistics and buying or selling a home to community happenings. That’s because we care about the communities that we serve and want to provide articles that will be of benefit. Please reach out if you have any questions at all. Let's Talk!

Brian and Melinda Stitzinger

 #stitzingerteam #remaxlakefront #dentoncounty #collincounty #thecolonytx  #littleelmtx #prospertx #friscotx 

Sept. 1, 2020

New Homes for Sale Liberty in Melissa Texas 75454

Liberty is a new home community in Melissa, Texas and has a host of neighborhood amenities such as wide open spaces with parks, catch and release pond, pools and recreation areas. Liberty is part of the Melissa Independent School District, making it one of the most desired places for families to live.

The neighborhood features single or two-story, $300,000 to over $500,000.

Liberty is convenient to Frisco Texas, Prosper Texas, McKinney Texas and Allen Texas, 25 minutes to the Star at Frisco and 30 minutes to Legacy West in Plano, Texas. Residents enjoy easy access to Central Expressway( Highway 72) and State Highway 121. There is no MUD and no PID Taxes. https://www.libertybyhillwood.com/

 

Finding the Right Schools

Harry McKillop Elementary for first through fifth grade located within Liberty, Melissa Texas. Melissa Ridge Education center is for pre-K and kindergarten.

There are currently five schools in the Melissa school district, Melissa Middle School for sixth to eighth grade, Melissa High School.

**Schools assignments may vary. Please contact the school district.

For more information about Liberty or Melissa Texas Real Estate, please contact Brian Stitzinger or Melinda Stitzinger at 214 566 0075. Sign up at our website www.StitzingerTeam.com to get the listed homes for sale in Melissa Texas.

Aug. 27, 2020

Why being Pre-Approved in the Homebuying Process?

Why Is It so Important to Be Pre-Approved in the Homebuying Process?



You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range, what you’re comfortable within a monthly mortgage payment, and ultimately how much money you can borrow for your loan. Pre-approval from a lender is the only way to do this.

According to a recent survey from realtor.com, many buyers are making the mistake of skipping the pre-approval step in the homebuying process:

“Of over 2,000 active home shoppers who plan to purchase a home in the next 12 months, only 52% obtained a pre-approval letter before beginning their home search, which means nearly half of home buyers are missing this crucial piece of paperwork.

Why Is It so Important to Be Pre-Approved in the Homebuying Process? | MyKCM

This paperwork (the pre-approval letter) shows sellers you’re a qualified buyer, something that can really help you stand out from the crowd in the current ultra-competitive market.

How competitive is today’s market? Extremely – especially among buyers.

With limited inventory, there are many more buyers than sellers right now, and that’s fueling the competition. According to the National Association of Realtors (NAR), homes are receiving an average of 2.9 offers for sellers to negotiate, so bidding wars are heating up.

Pre-approval shows homeowners you’re a serious buyer. It helps you stand out from the crowd if you get into a multiple-offer scenario, and these days, it’s likely. When a seller knows you’re qualified to buy the home, you’re in a better position to potentially win the bidding war and land the home of your dreams.

Danielle Hale, Chief Economist for realtor.com notes:

“For ‘a buyer in a competitive market, it’s typically essential to have pre-approval done in order to submit an offer, so getting it done before you even look at homes is a smart move that will enable a buyer to move fast to put an offer in on the right home.’”

In addition, today’s housing market is also changing from moment to moment. Interest rates are low, prices are going up, and lending institutions are regularly updating their standards. You’re going to need guidance to navigate these waters, so it’s important to have a team of professionals (a loan officer and a real estate agent) making sure you take the right steps along the way and can show your qualifications as a buyer at the time you find a home to purchase.

Bottom Line

In a competitive market with low inventory, a pre-approval letter is a game-changing piece of the homebuying process. If you’re ready to buy this year, let’s connect before you start searching for a home.

Aug. 3, 2020

Homes for Sale in Union Park, Little Elm, Texas, 75068

Homes for Sale in Union Park, Little Elm, Texas, 75068

Union Park is a premier community in Little Elm, Texas, a beautiful 787 acre community with a 35 acre wooded park, pocket parkes, community center, bike and hike trail and much more.  Union Park is part of the Denton Independent School District, making it one of the most desired places for families to live.

The neighborhood features single or two-story, starting for $350,000

Union Park is less than 10 minutes miles from the North Dallas Tollway, 20 minutes to the Star at Frisco and 25 minutes from Legacy West in Plano, Texas. Residents enjoy easy access to Dr Pepper Ballpark, Toyota Stadium and Lake Lewisville. Or visit Union Park New Homes

Schools:

Union Park Elementary

Navo Middle School

Braswell High School

**Schools assignments may vary. Please contact the school district.

For more information about  Union Park Real Estate, please contact Brian Stitzinger at 214 566 0075. Sign up at our website to get the listed homes for sale in Union Park in Little Elm, Texas. Or visit New Home Search

July 30, 2020

Home Sales Surging This Summer Video

Home Sales Surging This Summer

Climbing home sales and values are strong signs that the housing market is recovering. Let's talk about the best way for you to plan selling or buying a new home this year.

July 27, 2020

Homes for Sale in Windsong Ranch, Prosper, Texas, 75078

Homes for Sale in Windsong Ranch, Prosper, Texas, 75078

Windsong Ranch is a premier community in Prosper, Texas with over 3000 homes, 2000 acres and has a host of neighborhood amenities such as: parks, community pools and greenbelts. Windsong is part of the Prosper Independent School District, making it one of the most desired places for families to live.

The neighborhood features single or two story, $350,000 to over $1,000,000.

Windsong Ranch is less than 5 miles from the North Dallas Tollway, 15 minutes to the Star at Frisco and 20 minutes from Legacy West in Plano, Texas. Residents enjoy easy access to Dr Pepper Ballpark, Toyota Stadium and Lake Lewisville.  https://www.windsongranchliving.com/

THE LAGOON is a 5-acre lake with clear Caribbean-like water and sandy beaches.This resident exclusive amenity for home owners has a variety of recreational water activities,  such as swimming, kayaking, paddle boarding, and more.

Schools:

Windsong Ranch Elementary

There are currently plans for two elementary schools, a middle school and a high school.

**Schools assignment may vary. Please contact the school district.

For more information about  Windsong Ranch Real Estate, please contact Brian Stitzinger at 214 566 0075. Sign up at our website to get the listed homes for sale in Windsong Ranch in Prosper, Texas.

 

July 20, 2020

Homes for Sale in Westfalls Village, Frisco, Texas, 75036

Homes for Sale in Westfalls Village, Frisco, Texas, 75036

Westfalls Village is a premier community in Frisco Texas with over 500 homes and has a host of neighborhood amenities such as: parks, community pools and greenbelts. Wesfalls Village is part of the Frisco Independent School District, makin it one of the most desired places for families to live.

The neighborhood features single or two story, 3 to  5 bedroom homes ranging from $350,000 to $600,000.

Westfalls Village is less than 5 miles from the North Dallas Tollway, 15 minutes to the Star at Frisco and 20 minutes from Legacy West in Plano Texas. Residents enoy easy access to Dr Pepper Ballpark, Toyota Stadium and Lake Lewisville.

Schools:

Sparks Elementary

Pioneer Elementary

Reedy High School

**Schools assignment may vary. Please contact the school district.

For more information about Westfalls Village real Estate, please contact Brian Stitzinger at 214 566 0075. Sign up at our website to get the listed homes for sale in Westfalls Village in Frisco, Texas.

June 22, 2020

Top Reasons to Own a Home in 2020

Top Reasons to Own a Home in 2020

 

There are many financial such as extremely low-interest rates and non-financial benefits( a place to call your own) to owning a home. Let’s connect to put your homeownership plans in motion this year.

Brian, Melinda and Joyce are here to serve you


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June 9, 2020

Home Sales Will Lead the Economic Reboundery

With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. Though at this time, it appears to be rebounding now! As we get back to work and country begins to turn around, many experts say that real estate will lead the way.

One of the big reasons why housing has the potential to be such a driving force is the impact it has on the local economy. This impact is particularly strong when a newly constructed home is built and sold. According to a recent study by the National Association of Realtors (NAR), the average new home sale has a total economic impact of $88,416 on the local economy As outlined in the graphic below, this is a combination of income generated from real estate industries, expenditures, and new home construction.

With so many unknowns today, especially in the wake of a worldwide pandemic, one known factor is the bright spark the housing market can play in local and national recovery. Buying and selling a home goes well beyond personal growth and satisfaction – it supports our entire economy.

#newhome, #dallasrealtor, #newhomeconstruction, #stitzinger #littleelmrealtor, #sellyouthomeforfree

May 26, 2020

Buying or Selling a Home? You Need a Sherpa Guide

In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to offer without paying too much or offending the seller with a low-ball offer.

Currently this is not a normal market. We are in one of the greatest health crises our nation has ever seen. The pandemic has had a major impact on the journey home buyers take to purchase or sell a home. To successfully navigate the landscape today, you need more than an experienced guide. You need a ‘Real Estate Sherpa

 

The average guide isn't enough. You need a Sherpa. You need an expert who understands the impact of COVID-19 on the thoughts, emotions and actions of the consumer (ex: virtual showings, proper safety protocols, e-signing documents). Someone who can simply and effectively explain the changes in today’s process to you and your family. You need an expert who will guide you to the right decision, especially in these challenging times. You need Brian and Melinda Stitzinger.

 

May 20, 2020

Housing Market Will Bring Back the Economy

Housing Market Positioned to Bring Back the Economy | MyKCM

As we re-open the economy which sectors of the economy will drive its recovery? The consensus is the housing market.

In an earlier blog we pointed out why this is not like the recession in 2008 when housing was the crisis. But even then, the overall economy did not begin to recover until the real estate market came back. Now, the housing market was in great shape when the virus hit.

Last week, Dr. Frank Nothaft, Chief Economist for CoreLogic, (@DrFrankNothaft) tweeted:“For the first 6 decades after WWII, the housing sector led the rest of the economy out of each recession. Expect it to do so this time as well.” And, Robert Dietz, Chief Economist for the National Association of Home Builders, in an economic update last week explained: “As the economy begins a recovery later in 2020, we expect housing to play a leading role. Housing enters this recession underbuilt, not overbuilt…Based on demographics and current vacancy rates, the U.S. may have a housing deficit of up to one million units.”

Every time a home is sold it has a tremendous financial impact on local economies. As the real estate market recovers and gets stronger, so will the rest of the country.