Real Estate Update – January 2-8, 2012 – Episode 289
Evan and Richard of The Matteson Group review and discuss January 2-8th, 2012 in the real estate market in the Rockwall and Heath Texas areas.
- Current Properties for Sale: 456 homes
- Sales: 9
- Sale Price to List Price: 98%
- Average Days on Market: 129 days
- Number of Showings: 411
For more info: www.TheMattesonGroup.com
Coldwell Banker Apex, Realtors
214.405.3640
Your trusted real estate advisors providing a joy filled experience!
Read MoreReal Estate Update – 12-26 to 1-1, 2012 – Episode 288
Evan and Richard of The Matteson Group review and discuss December 26, 2011 to January 1st, 2012 in the real estate market in the Rockwall and Heath Texas areas.
- Current Properties for Sale: 458 homes
- Sales: 18
- Sale Price to List Price: 95%
- Average Days on Market: 118 days
- Number of Showings: 411
For more info: www.TheMattesonGroup.com
Coldwell Banker Apex, Realtors
214.405.3640
Your trusted real estate advisors providing a joy filled experience!
Read MoreReal Estate Update – December 19-25, 2011 – Episode 287
Evan and Richard of The Matteson Group review and discuss December 19-25th, 2011 in the real estate market in the Rockwall and Heath Texas areas.
- Current Properties for Sale: 484 homes
- Sales: 14
- Sale Price to List Price: 96%
- Average Days on Market: 104 days
- Number of Showings: 263
For more info: www.TheMattesonGroup.com
Coldwell Banker Apex, Realtors
214.405.3640
Your trusted real estate advisors providing a joy filled experience!
Read MoreMaking Texas More Energy Efficient in 2012
Homes and other buildings account for about 40 percent of Texas’ overall energy use, but the state is hoping to take care of that.
A statewide building code that will take effect in January should cut the energy consumption of new single-family homes by more than 15 percent, according to the Energy Systems Laboratory at the Texas A&M University System. The state tightened codes for commercial, industrial and other residential buildings in April.
Some Texas cities are being proactive when it comes to becoming more energy efficient. Building codes in Houston and Austin have already gone beyond what the statewide codes will require.
Source: Texas Tribune
Read MoreReal Estate Update – December 12-18th, 2011 – Episode 286
Evan and Richard of The Matteson Group review and discuss December 12-18th, 2011 in the real estate market in the Rockwall and Heath Texas areas.
- Current Properties for Sale: 486 homes
- Sales: 11
- Sale Price to List Price: 97%
- Average Days on Market: 140 days
- Number of Showings: 359
For more info: www.TheMattesonGroup.com
Coldwell Banker Apex, Realtors
214.405.3640
Your trusted real estate advisors providing a joy filled experience!
Read MoreTexas Foreclosure Filings, Sales Down In November
Foreclosure activity in Texas was down last month, according to the latest figures from RealtyTrac.
November foreclosure filings for the Lone Star State totaled 10,124, down 24.3 percent from a year ago. Total year-to-date (YTD) filings were at 115,222, down 18.9 percent.
Nationally, there were 224,394 filings, down 14.5 percent from November 2010. Total YTD filings were at 2.5 million, down 30.1 percent.
There were 6,247 posted foreclosure sales in Texas last month, down 19.1 percent from a year ago. YTD postings were down 17.3 percent, at 69,473.
Meanwhile, there were 96,540 posted foreclosure sales nationally last month, down 38.3 percent from last year. YTD postings were at 994,887, down 33.2 percent.
Real Estate Center Research Economist Dr. Jim Gaines said the impact of foreclosure moratoria from the pending agreement with states’ Attorneys General slowed foreclosures for all of 2011. But that will likely mean more foreclosure activity going into the new year.
“The pent-up foreclosure processing is expected to bust loose in 2012, so we expect to see significant percentage increases in the monthly reports for at least the first half of 2012, if not the whole year,” he said.
But that’s nationally. Gaines said Texas should fare better.
“Posted delinquencies here are falling, and Texas is a non-judicial foreclosure state, so many lenders haven’t stopped processing foreclosures, thereby preventing a backlog from forming,” he said.
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