THM Realty

Who pays the real estate commission and closing costs: the homebuyer or the seller?

A recent settlement by the National Association of Realtors® (NAR), effective Aug. 17, has led to changes in broker commissions. This settlement includes revisions to how real estate commissions are disclosed and negotiated, aiming to increase transparency and fairness for homebuyers and sellers.

In the past, sellers typically paid both the buyer’s and seller’s agent fees. As of Aug. 17, buyers are now responsible for compensating their agent. However, as a seller, you still have the option to offer compensation to the buyer’s broker.

📕 Learn more about real estate agent commissions, and key points to consider when negotiating real estate commissions: https://rltor.cm/xdd2gb

📣 DFW active listings have skyrocketed by 44.7% year over year. However, closed sales are down by 11.6% with 8,276 homes sold in June.

📈 View more market details: https://bit.ly/3hj2pTd

Happy July 4th!

Celebrating Homeownership month! Our team is ready to help you find your perfect home.

During National Homeownership Month, we’re talking about the benefits of homeownership! 🏡 This week, it’s all about equity, equity, EQUITY! 💰

Read more here: https://bit.ly/4c0kpxf

📈 Dallas County active listings were up a striking 56.7% in April over this time last year. Median price increased more moderately at 5.9% year over year to $380,000.

👉 View more market details: https://bit.ly/3hj2pTd

Here is your Collin County Housing Market Report for April 2024 💛

Statewide increase of listings 41.5%

🏡 Statewide active listings grew 41.5% over last April - a shift from 2.7 months of inventory in 2023 to 4 months this year.

📈 View more market details: https://bit.ly/3hj2pTd

Happy Mother's Day! Wishing all a wonderful day!

Peak Buying season is here. My team and I are ready to help.

Navigating the Housing Market: A Seasonal Perspective Seasonality refers to predictable changes in time series data that correlate with certain times of the year; understanding it will help us anticipate trends in the upcoming months.

Contract Signings Reach a New High for 2024 Pending home sales kicked off the spring season with a strong start, but challenges for the homebuying market remain.

🏡 Statewide active listings grew 29% over last February - a shift from 2.6 months of inventory in 2023 to 3.6 months this year.

📈 View more market details with: https://bit.ly/3hj2pTd

Texas Is the No. 1 Destination for Gen Zers on the Move

Texas Is the No. 1 Destination for Gen Zers on the Move A new population analysis has pegged the Lone Star State as the No. 1 destination for adults born between 1996 and 2004.

Your credit score is more than just a number; it's the key that opens doors to mortgage approval and favorable interest rates. Whether you're aiming for a cozy starter home or eyeing a luxurious estate, building a healthy credit score demonstrates creditworthiness and increases your approval odds for certain credit cards, car loans, mortgages and more. If you're ready to buy, send me a message and let's chat!

www.listreports.com

Home prices may remain flat, rising rents expected, TRERC Releases 2024 Texas Real Estate Forecast This year, home prices may remain flat or even drop slightly, but renters may see rising rates.

NAR Chief Economist Lawrence Yun reacts to the latest inflation report.

Realtor.com's Housing Forecast 2024 is here!

📊 Get the official Housing Forecast 2024 report: http://rltor.cm/8dnzik

A look at the market conditions for the upcoming year:

More Than 80% of Metro Areas Registered Home Price Increases in Third Quarter of 2023 Eleven percent of the metro areas NAR tracked registered double-digit price increases in Q3 2023, up from 5% in the second quarter, and the 30-year fixed mortgage rate ranged from 6.81% to 7.31%.

Traute Malhotra - Broker/Owner Welcome to THM Realty in the heart of the Dallas Metroplex – your trusted partner in all things real estate! Whether you're a buyer searching for your dream home or a seller looking to make the most of your property investment, you've come to the right place. At THM Realty, we're committed to prov...

Our new website is up and running:

Traute Malhotra - Broker/Owner Welcome to THM Realty in the heart of the Dallas Metroplex – your trusted partner in all things real estate! Whether you're a buyer searching for your dream home or a seller looking to make the most of your property investment, you've come to the right place. At THM Realty, we're committed to prov...

🏡 September DFW home sales finished at 7,281 homes sold, a 13.5% year over year decline. Median prices also declined 1.2%.

👉 View more market details: https://bit.ly/3hj2pTd

The DFW area is home to some of the largest master planned communities and subdivisions in the country. As these areas are developed, Municipal Utility Districts (MUDs), Public Improvement Districts (PIDs) and other special districts are often set-up to finance the construction of vital public infrastructure that does not yet exist. The cost of the installation of this infrastructure is passed on to the final homeowners in the form of additional taxes that are paid after the community is developed. It is important for new home buyers in the area to understand these special districts and how they work to avoid surprises.

For more information on MUDs, PIDs and other special districts visit us on our blog at republictitle.com/blog