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Raymond Edler Home Team
Keller Williams Realty
Wednesday, March 9, 2016
Listing Inventory Low - The Colony Texas Affordable 4 Bedroom Homes Needed!
As of 3pm on March 9th, 2016 the Multiple Listing Service (MLS) only shows 4 active listings under $300,000. Looking to buy? It's a very competitive environment right now for affordable housing in North Texas, specifically The Colony, Texas. You'll want to partner with an aggressive local agent who is familiar with the local market and often can match a buyer to off market listings. Here's a look at what's available right now in The Colony.
As a seller we are seeing a trend of listings getting more than 10 offers in some cases. There has never been a better time to sell a home in The Colony than now. Homes that are priced right and properly marketed can generate multiple offers. We are listing specialists in The Colony. All of our listings are professionally marketed using home staging, professional photography and listing syndication on over 350 websites giving the broadest reach for buyers to find your home.
Thursday, January 28, 2016
Inventory is dropping and Home Values are Rising - The Colony TX is in High Demand
Looking for a 4 bedroom home in The Colony under $300,000? As of this morning the latest MLS update only shows 3 active listings in The Colony that are 4 or more bedrooms under $300,000. There are also 15 more listings under contract (active option contact and pending), and 165 have sold in the last year. This is great news if you are looking to sell soon!
4 Bedroom homes are selling every 2.2 days (365/165). There are 3 active listings which means we currently have 6.6 days of inventory of 4 bedroom homes under $300,000 in The Colony. If you are looking to sell a 4 bedroom home in The Colony under $300,000 there has NEVER been a better time to sell.
4 Bedroom homes are selling every 2.2 days (365/165). There are 3 active listings which means we currently have 6.6 days of inventory of 4 bedroom homes under $300,000 in The Colony. If you are looking to sell a 4 bedroom home in The Colony under $300,000 there has NEVER been a better time to sell.
If selling is in your plans in the next 12 months we would love to come and visit with you. We would love to help you plan ahead and map out your move. Please feel free to call us at 214-552-2091 or visit us on the web at www.RaymondEdler.com
Raymond Edler
YOUR DFW Real Estate Specialist
Broker Associate
GRI, ePRO, SFR, TAHS
214-552-2091 cell
Buy and Sell with the #1 Real Estate Office in The Colony
#TheColonyRealtor #TopAgents #KellerWilliamsRealty
Wednesday, October 28, 2015
For Lease 4 Bed 2 Bath Pool The Colony Includes Pool and Lawn Service
Call us Today 214-552-2091 For More Info
5025 Clover Valley Drive The Colony, TX 75056
$1,695/month
4 Bedroom, 2 Bath, Study, 2 Car Garage, Pool 2,123 sq ft
Gorgeous updated single story home with a pool! Pool Service included with the rent. Custom kitchen cabinets, granite, hand-scraped laminate, wet-bar, fireplace, frieze carpet, nice side yard grass area overlooking pool, You'll love the privacy in the backyard with the new board on board cedar fence too, sprinklers, newer AC and ceiling fans new vinyl windows. No smokers, no cats
CLICK HERE FOR FULL DETAILS AND ALL PHOTOS
CLICK HERE FOR FULL DETAILS AND ALL PHOTOS
Start your home search here
#TheColonyTXHomesForSale #LegendsHomesForSale #TheColonyTXListingAgent
@RaymondEdler #TheLegendsLisitngAgent #SellMyHome #TopListingAgent
#KellerWillamsTheColony #TheColonyRealtor
#KellerWillamsTheColony #TheColonyRealtor
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| Free Market Analysis |
FREE MARKET ANALYSIS
Call The #1 OFFICE IN DFW- Keller Williams Realty
Call us Today 214-552-2091
Saturday, October 24, 2015
Why so much paperwork for home loans?
Applying For A Mortgage: Why So Much Paperwork?
We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about usand requires three separate sources to validate each and every entry on the application form.
Many buyers are being told by friends and family that the process was a hundred times easier when they bought their home ten to twenty years ago.
There are two very good reasons that the loan process is much more onerous on today’s buyer than perhaps any time in history.
- The government has set new guidelines that now demand that the bank prove beyond any doubt that you are indeed capable of affording the mortgage. During the run-up in the housing market, many people ‘qualified’ for mortgages that they could never pay back. This led to millions of families losing their home. The government wants to make sure this can’t happen again
- The banks don’t want to be in the real estate business. Over the last seven years, banks were forced to take on the responsibility of liquidating millions of foreclosures and also negotiating another million plus short sales. Just like the government, they don’t want more foreclosures. For that reason, they need to double (maybe even triple) check everything on the application.
However, there is some good news in the situation. The housing crash that mandated that banks be extremely strict on paperwork requirements also allowed you to get a mortgage interest rate probably at or below 4%.
The friends and family who bought homes ten or twenty ago experienced a simpler mortgage application process but also paid a higher interest rate (the average 30 year fixed rate mortgage was 8.12% in the 1990’s and 6.29% in the 2000’s). If you went to the bank and offered to pay 7% instead of <4%, they would probably bend over backwards to make the process much easier.
Bottom Line
Instead of concentrating on the additional paperwork required, let’s be thankful that we are able to buy a home at historically low rates.
Wednesday, October 21, 2015
SOLD - Gorgeous new listing in The Legends Single Story 4 bed 2 bath only $225k
New Listing For Sale The Legends The Colony, TX
5613 Westwood Lane The Colony, TX 75056
$225,000
4 Bedroom, 2 Bath, Study, 2 Car Garage, 1,930 sq ft
GORGEOUS SINGLE STORY 4 BEDROOM 2 BATH HOME, SPLIT BEDROOMS, BRIGHT OPEN FLOOR PLAN, BAMBOO FLOORS, FIREPLACE, LARGE KITCHEN OPEN TO DINING AND LIVING, GAS RANGE, GARDEN TUB WITH SEP SHOWER, CLOSE TO COMMUNITY POOL AND PARK, FRONT LIVING ROOM IS FLEX CAN BE STUDY OR DINING TOO, FRESH PAINT, NEW WATER HEATER, BEAUTIFULLY LANDSCAPED WITH GREAT DRIVE UP APPEAL
Call us Today 214-552-2091 For More Info
Virtual Tour
Looking to buy a home in The Colony TX or The Legends?
Serving North Dallas, Carrollton, Garland, Richardson, Plano, Allen, McKinney, Frisco, The Colony, Lewisville, Flower Mound, Little Elm and Prosper
Start your home search here
#TheColonyTXHomesForSale #LegendsHomesForSale #TheColonyTXListingAgent
@RaymondEdler #TheLegendsLisitngAgent #SellMyHome #TopListingAgent
#KellerWillamsTheColony #TheColonyRealtor
#KellerWillamsTheColony #TheColonyRealtor
Call The #1 OFFICE IN DFW- Keller Williams Realty
Call us Today 214-552-2091
Buying a Home Remains 35% Less Expensive than Renting!
Buying a Home Remains 35% Less Expensive than Renting!
The updated numbers actually show that the range is from an average of 16% in Honolulu (HI), all the way to 55% in Sarasota (FL), and 35% Nationwide!
The other interesting findings in the report include:
- Interest rates have remained low and even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation. “In the past year, these two trends have made homeownership even more affordable compared with renting.”
- Some markets might tip in favor of renting if home prices increase at a greater rate than rents and if – as most economists expect – mortgage rates rise, due to the strengthening economy.
- Nationally, rates would have to rise to 10.6% for renting to be cheaper than buying – and rates haven’t been that high since 1989.
Bottom Line
Buying a home makes sense socially and financially. Rents are predicted to increase substantially in the next year, lock in your housing cost with a mortgage payment now.
Thursday, April 30, 2015
Nice starter home in The Colony TX only $139,000
5412 Rice Drive The Colony TX 75056
3 Bedroom, 2 Bath, 1425 sq ft only $139,000
UPDATED WELL MAINTAINED HOME located in established neighborhood! Pride of ownership is
evident from inside & out. Very well maintained, parquet floors,
designer colors, huge living room with Wood burning Fireplace, large eat-in kitchen with
lots of cabinets, updated guest bath with grout-less tile surround on the
tub. large master bedroom and huge open patio with lots of backyard
space for entertaining or play!*SEE IT TODAY!!
FIND OUT NOW WHAT YOUR HOME IS WORTH
#KellerWilliamsTheColony #TopListingAgentDFW #TheColonyRealEstate
Call The #1 OFFICE IN DFW- Keller Williams Realty
972-767-9470
www.RaymondEdler.com
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