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Lucas, TX Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Lucas Texas!!If you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you.Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which saves you money ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Being a Lucas Texas First Time Homebuyer makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner and how your goals fit in with that plan. One goal could be to stop paying rent that just increases after every lease you renew.Buying your own home first is one of the happiest times of your life! However, a lot of paperwork and time goes into it and finding a lender with great reviews will ease much of the stress. But, the satisfaction you get from your first home closing is something you will never forget! The benefits of being a Lucas Texas First Time Homebuyer greatly outweighs renting for the following reasons:          Greater privacy.          Homes typically increase in value the older...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 Lucas TX VA loan benefits in 2020. These are:        No down payment on a VA loan        No mortgage insurance        VA loans have a government guarantee        Your ability to shop and compare VA loans        VA loans don’t allow a prepayment penalty        They come in many varieties        It’s easier to qualify for a VA loan        VA loan closing costs are lower        The VA loan offers funding fee flexibility    VA loans are assumable Backed by the U.S. Department of Veterans Affairs, VA l...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
November 2016 Real Estate Market Summary for Lucas, TX (MLS Area 52)   Month Year to Date   2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 26 29 11.5 354 336 -5.1 Closed Sales (Projected) 26 33 25.3 354 340 -4.1 Listings Under Contract 19 21 10.5 362 351 -3.0 Average Sales Price $385,344 $518,372 34.5 $464,634 $529,184 13.9 Median Sales Price $325,000 $406,000 24.9 $396,250 $456,750 15.3 Percent of Original Price Received 98.4 94.5 -4.0 97.2 97.4 0.2 Days on Market Until Sale 19 46 142.5 42 43 2.2 Inventory of Homes for Sale 94 108 14.9       Months Supply of Inventory 3.0 3.5 17.7       In November 2016 the number of residential property sales reported in Lucas increased 11.5% in contrast to 2015, with 29 residential property sales reported this month. In Lucas there wa...
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By Bernadine Eberle, Home Sales in North Texas
(Integrity Plus Realty, LLC Texas)
New Homes in Stinson Highlands, Lucas, TX.  Looking for homes in Stinson Highlands or homes for sale in Lucas, TX or need to sell your current home? Call 214-282-2945 or Complete the form for your Complimentary home estimate.Luxurious homes in a country setting on acreage lots, close to neighboring towns. Call Stinson Highlands in Lucas, TX home. The community is located 7 miles from Plano, TX off of E. Parker Road, just a few miles east of Highway 75 in a secluded area of Lucas, TX. Easy access to Highway 121 and George Bush Tollway. Custom builders in this community are Our Country Homes, Emerald Homes and D.R. Horton.  Some one story well-appointed homes have four bedroom, 3 to 4 bathrooms with a 3 car garage, suitable for your lifestyle. Features  may be included in the custom serie...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
February 2016 Real Estate Market Summary for Lucas, TX (MLS Area 52)   Month Year to Date   2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 23 230.0 42 33 -21.4   Closed Sales (Projected) 23 26 12.4 42 36 -14.7 Listings Under Contract 26 25 -3.8 49 50 2.0 Average Sales Price $466,025 $403,550 -13.4 $445,471 $440,333 -1.2 Median Sales Price $414,000 $370,000 -10.6 $362,500 $375,000 3.4 Percent of Original Price Received 98.7 97.7 -0.9 97.6 97.1 -0.4 Days on Market Until Sale 52 57 10.2 61 56 -7.8 Inventory of Homes for Sale 63 86 36.5       Months Supply of Inventory 2.1 2.7 30.3       In Lucas in February 2016 recorded residential properties sold was at 230.0, an increase of 42% from 2015. There was no difference in the number of home sales year to date from 2015. There w...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales during December in Lucas rose 55%, with 20 houses sold in December of this year. Year-to-date, homes sold climbed 7% relative to the same month last year, with 359 properties sold. In total for this year, homes sold went up 7% relative to the same month last year, with 359 houses sold this year. In December of this year, 24 new homes were listed in Lucas, which is a 14% growth from last month. So far this year, houses sold climbed 6% compared to the same month last year, with 379 homes sold. This December, there were 17 houses currently listed in Lucas, a 15% decline from a month ago. Year-to-date, the average selling price for houses in Lucas was about $459,784, which is a 10% growth from a year ago. This December, the average sales price for homes in Lucas was approximately...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
In November 2015, Lucas houses sold rose 67%, with 15 homes sold. During 2015 there have been 339 houses sold in all, which is a 4% upturn relative to the same period last year. In total for this year, new home properties listed are at 480 total. Year-to-date, home sales increased 7% relative to the same month last year. This month, 31 new houses were listed in Lucas, a 41% growth from last month. So far this year, home sales climbed 6% compared to the same period last year, with 359 homes sold so far this year. The number of listed homes under contract in Lucas declined 6%, with 17 houses currently listed under contract. The average home sales price in November of this year in Lucas decreased 15% . Year-to-date, the average sales price was approximately $460,556, which is a 11% increas...
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
New Construction Homes in Lovejoy Schools in Lucas TexasLooking for a new home in Lovejoy Schools? M. Christopher has 6 communities available in Lovejoy ISD.Some of the homes are move-in ready! M. Christopher is a custom builder with Luxury One Stories, yes I said one stories! Many tell me they don't want the stairs, been there done that, but they want a luxury one story with 3400+ square feet. I send them to M. Christopher homes who has one stories as large as 5600 square feet! The finish outs on these homes are fabulous! Dramatic foyers, angled living rooms, stunning dining rooms with butler pantries, open family rooms, gourmet kitchens, private master retreats with fireplaces, huge walk-in-closets and luxury bath. You can even add a M. Christopher swimming pool with an  outdoor kitch...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Lucas area were up 50% in January 2014 compared to last year, with 21 homes selling this month. So far this year, overall home sales have increased 50%, with 21 homes sold. New Lucas real estate listings increased 58% from last year, with 38 homes listed this month. For the year-to-date, home listings have increased 58%, with 38 homes listed. The number of current listings under contract this month was down 13%, at 20 homes. Listings under contract for the year-to-date have decreased 13%, with 20 homes under contract. Click here for the Lucas Home Values Report. Lucas Home Values Report Register online for monthly home value updates on your city and neighborhood, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Lucas area were down 17% in December 2013 compared to last year, with 20 homes selling this month. So far this year, overall home sales have increased 16%, with 378 homes sold. New Lucas real estate listings increased 250% from last year, with 28 homes listed this month. For the year-to-date, home listings have increased 8%, with 478 homes listed. The number of current listings under contract this month was up 27%, at 19 homes. Listings under contract for the year-to-date have increased 17%, with 381 homes under contract. Click here for the Lucas Home Values Report. Lucas Home Values Report Register online for monthly home value updates on your city and neighborhood, automatically emailed to you.  
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
Home sales market report for Fairview and Lucas Texas for the end of 2013 Fairview and Lucas Texas are enjoying an increase in homes on the market inventory. Most of the DFW metroplex cannot say this. There were 28 homes on the market compared to December 2012 having only 8. Days on market was low with under 30 days to sell your home in Fairview and Lucas! Wow! 
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
USDA 100% home loan financing in Lucas, Texas and surrounding areas. Lucas 100% financing with USDA mortgage loans.   100% financing on USDA mortgage loans are available for home purchasing in Lucas, TX.   A 0% down payment option for home buyers looking to purchase a home in Lucas, Texas is available.   Home buyers can keep their cash reserves in their pocket instead of having to use it on a home down payment.   Home buyers are afforded with a unique USDA home loan government program that can assist them.   An important part to home buyer success is the post closing cash reserves they will receive.      It would be a great benefit to  a home owner to have at least 6 months of reserves such as hot water heaters, air conditioning and heating units, a washer and dryer, among other applian...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Buying a Home in Texas? Would you like a 100% financing loan?     The USDA Home Loan program can be a great choice for your Lucas TX home buying needs.     The Lucas Texas USDA Loan program has the following highlights:     - 100% financing, meaning no down payment is required. It’s possible to get into your home with nothing out of your pocket including closing costs!     - Interest rates are still low compared to other loan programs- Lucas Texas USDA Rate Quote     - Low monthly mortgage insurance, just .4% of the loan amount per year as of July 2013.      USDA Loans in Lucas TX    So you may be wondering “Do I qualify?”  Here are a few basic qualifying standards and will help you determine your USDA Loans in Lucas TX:     - credit score must be at 640 or above     - Primary residence...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Lubbock USDA mortgage loan financing, 100% USDA financing in the Lucas, TX area.   100% financing on USDA mortgage loans are available for home purchasing in Lucas, TX.   A no down payment option program is available to home buyers in Lucas seeking to purchase a new home.   Home buyers can keep their cash reserves in their pocket instead of having to use it on a home down payment.   Home buyers are afforded with a unique USDA home loan government program that can assist them.   Home buyers success is greatly influenced by the post closing cash reserves that are available.      It would be a great benefit to  a home owner to have at least 6 months of reserves such as hot water heaters, air conditioning and heating units, a washer and dryer, among other appliances like a stove, oven and d...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Find out today's USDA Rates in Lucas TX - Your path to 100% mortgage loan financing.     One of the best mortgage loan financing options available today, the USDA Rural Guaranty loan program in Lucas TX and surrounding areas offers low rates and payments for home buyers. Low monthly mortgage insurance, 100% financing, and competitive rates will lead to a low monthly payment on your new Texas home loan.     Free USDA Mortgage Loan Rates in Lucas TX Quote     Here are the highlights of the USDA Rural Housing program:     - Property must be located in a small town or rural area. You can check the eligibility of your home at the USDA eligibility website, just input your home address: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp&NavKey=property%4011    ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
  Lucas, Texas USDA rural housing home loans, 100% financing for Lucas TX Home Mortgage Loans and USDA loans. USDA mortgage Loans in Lucas are an excellent choice to help with your home buying needs. If you are looking to buy a home in Lucas, there is an amazing 0% down payment option for you to take advantage of. Find out more below: -Interest Rates are still competitive compared to both FHA and Conventional Loans. There is 100% financing available with small monthly mortgage insurance (consists of about .30% of loan amounts per year). The biggest features of a USDA home loan include 100% financing with no down payment and interest rate loans that are fixed for 30 years. Compare your low MI (Mortgage Insurance) to other loan programs that aren't as low. There are many differences when ...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Lucas Texas Real Estate Sales were up 18% in October 2012 over the same month last year with 26 homes selling this month! For the year to date, overall home sales were at 272 homes sold, with a 13% change from last year. New Lucas Texas Real Estate listings experienced a -3% change for the same period last year with 31 homes listed this month. For the year to date, overall home listings underwent a 7% change with 390 homes listed this year. Listings pending sales this month underwent a 85% change, with 24 homes contracted. Listings under contract for the year to date experienced a 17% change, with 278 homes under contract for this month. Click here for the full report. Lucas Texas Real Estate Reports Register online for monthly updates on your city and neighborhood, automatically emaile...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Lucas Texas Real Estate Sales were up 52% in September 2012 over the same month last year with 32 homes selling this month! For the year to date, overall home sales were at 244 homes sold, with a 11% change from last year. The Texas home market for the third quarter 2012 in the DFW Metroplex is overall improved over the last year. With both prices and interest rates at historic lows, this is an idea time to purchase for both new home owners and current home owners moving to larger homes. It is key to have your financing and prequalification work in process to insure a smooth transaction. New Lucas Texas real estate listings experienced a 13% change for the same period last year with 27 homes listed this month. For the year to date, overall home listings underwent a 8% change with 359 ho...
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