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Princeton, TX Real Estate News

By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
November 2016 Real Estate Market Summary for Princeton, TX   Month Year to Date   2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 20 36 80.0 193 312 61.7 Closed Sales (Projected) 20 40 102.2 193 316 64.0 Listings Under Contract 14 18 28.6 195 320 64.1 Average Sales Price $187,727 $202,504 7.9 $165,516 $195,428 18.1 Median Sales Price $183,500 $195,950 6.8 $160,000 $191,900 19.9 Percent of Original Price Received 94.3 98.4 4.4 97.3 98.6 1.3 Days on Market Until Sale 60 17 -71.1 29 21 -27.7 Inventory of Homes for Sale 35 27 -22.9       Months Supply of Inventory 2.0 1.0 -49.2       There was a climb of 80% in the number of homes sold this month in contrast to November 2015. There were 36 homes sold total this month. Year to date properties sold in Princeton experienced a cl...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
February 2016 Real Estate Market Summary for Princeton, TX   Month Year to Date   2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 15 13 -13.3 26 25 -3.8 Closed Sales (Projected) 15 15 -2.6 26 27 2.3 Listings Under Contract 12 22 83.3 33 44 33.3 Average Sales Price $153,501 $155,488 1.3 $158,184 $156,278 -1.2 Median Sales Price $160,000 $155,000 -3.1 $158,985 $155,000 -2.5 Percent of Original Price Received 97.4 98.0 0.6 95.7 98.2 2.6 Days on Market Until Sale 34 9 -73.9 42 20 -51.6 Inventory of Homes for Sale 21 38 81.0       Months Supply of Inventory 1.2 2.3 88.1       In February 2016 there was a decrease of 13.3% in recorded homes sold in Princeton from 2015. There were 13 recorded homes sold total this month. Year to date homes sold underwent a drop of 3.8% in contra...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The Legacy Group is happy to announce a new mobile app that allows home buyers to search for real, up to the minute, live MLS listings. The app is called “Home Scouting” and is aFREE home finding service provided directly to consumers by Home BuyersMARKETING II, Inc, a licensed brokerage services company. Whether you’re ready to buy a home or just browsing, you’ll want to take advantage of the free Home Scouting app. This convenient app makes finding your dream home fast and easy. Home Scouting provides you with 100% of theACTIVE MLS listings, unlike some other public home search websites and apps. You receive the most accurate informationAVAILABLE and with Home Scouting you can: View every MLS listing·       Schedule a home showing View sold home information See detailed school distric...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Princeton TX FHA Streamline Refinance Loans are a special mortgage product, reserved for homeowners with existing FHA MORTGAGES. FHA STREAMLINE REFINANCES are the fastest, simplest way for FHA-insured homeowners to REFINANCE their respective mortgage into today’s low MORTGAGE RATES.   Below are some of the requirements for an FHA streamline:   ·         You must be current on your existing LOAN WITH all MORTGAGE PAYMENTS made on time for the last year. ·         You must own the original property and have made at least six MONTHLY MORTGAGE PAYMENTS before you can qualify for REFINANCING. ·         To REFINANCE, you’ll need an FHA-approved lender. If you don’t want to use your current lender, any MORTGAGE LENDER you choose must be FHA approved. ·         FHA Streamline LOANS do not requi...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a pre-approval and not a pre-qualification for Princeton TX Home Loans.       Many consumers are not informed on the proper way for buying a home. This can be extremely stressful or enjoyable depending on how you choose to go about the home buying process for homes in Princeton TX and surrounding areas. The key is to take the proper steps to educate yourself on your buying power, initial investment, and taking some time to think about your lifestyle choices. This article will cover all of these.     Education     The proper way to go about buying a home in Princeton, Texas begins with getting preapproved for your home loan. Take note that we didn't say anything about getting pre-qualified because in today's mortgage industry it is meaningless. You should choose a mortgag...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Princeton TX VA Loans and 100% - the best loan program in Texas!     Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today.     Here are some of the great features of this fantastic program:     - Up to 100% financing, with no down required.   - No monthly mortgage insurance.   - Easier credit qualifying compared to other types of mortgage loans.   - VA Mortgage Rates are low compared to other types of home loans.      So how do you qualify for Princeton TX VA Loans?     First of all, you must verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. You can work with an approved Texas VA mortgage loan lender to order your COE quickly, or you can contact the V...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Princeton Texas Real Estate Sales were down 27% in December 2011 over the same month last year with 8 homes selling this month! For the 2011 year to date, overall home sales were at 150 homes sold, a -15% change from last year. Princeton Texas Real Estate total dollar volume of homes sold this month was $794,056 which is a -29% change from this month last year. For the 2011 year to date, the total dollar sales were at $15,163,800, which is a -20% change. Register online for monthly updates in your city and your neighborhood automatically emailed to you at Princeton Real Estate. Search Princeton homes, Princeton foreclosures, and Princeton short sales at DFWTeamRealty.com. New Princeton Texas Real Estate listings experienced a -76% change for the same period last year with 6 homes listed...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Princeton Texas Real Estate Sales were down 10% in January 2012 over the same month last year with 9 homes selling this month! For the year to date, overall home sales were at 9 homes sold, a -10% change from last year. Princeton Texas Real Estate total dollar volume of homes sold this month was $958,392 which is a 11% change from this month last year. For the year to date, the total dollar sales were at $958,392, which is a 11% change. Register online for monthly updates in your city and your neighborhood automatically emailed to you at Princeton Real Estate. Search Princeton homes, Princeton foreclosures, and Princeton short sales at DFWTeamRealty.com. New Princeton Texas Real Estate listings experienced a -10% change for the same period last year with 19 homes listed this month. For ...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Princeton Texas Real Estate Sales were up 60% in November 2011 over the same month last year with 8 homes selling this month! For the year to date, overall home sales were at 142 homes sold, a -14% change from last year. Princeton Texas Real Estate total dollar volume of homes sold this month was $1,059,216 which is a 121% change from this month last year. For the 2011 year to date, the total dollar sales were at $14,401,214, which is a -19% change. Register online for monthly updates in your city and your neighborhood automatically emailed to you at Princeton Real Estate. Search Princeton homes, Princeton foreclosures, and Princeton short sales at Princeton Home Values. This service is FREE and without any obligation from DFWTeamRealty.com. New Princeton Texas Real Estate listings expe...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
  The benefits of a preapproval for Princeton Texas Home Loans.       Many consumers are not informed on the proper way for buying a home. This can be extremely stressful or enjoyable depending on how you choose to go about the home buying process for Princeton Texas Home Loans and the surrounding areas. The key is to take the proper steps to educate yourself on your buying power, initial investment, and taking some time to think about your lifestyle choices. This article will cover all of these.     Education     The steps necessary to purchasing a home in Princeton, Texas starts with getting pre-approved for your home loan. Notice we did not say get prequalified- in today’s world a prequalification is not meaningful. It is important to choose a mortgage lender that can offer no cost p...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
A Special Government Home Renovation Loan Program with Princeton TX FHA 203k Loans.     Many people are not aware of a special government loan program that is part of the Federal Housing Administration or FHA (a department within HUD). Existing home owners or potential home buyers can remodel and update their homes without having a higher cost second lien because of this FHA loan program.         However, this loan program doesn't allow for "luxury items" in your home such as a swimming pool, hot tub, or other accessories. Although, you can repaint, replace flooring and appliances, add a room to an existing structure (which can add to value tremendously as you increase the square feet of your home) as well as remodel cabinetry in kitchens and bathrooms.         This loan program has man...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a preapproval for Princeton TX Home Loans.      Many consumers are not educated on the proper way to go about buying a home. This can be extremely stressful or enjoyable depending on how you choose to go about the home buying process for homes in Princeton TX and surrounding areas. The key is to take the proper steps to educate yourself on your buying power, initial investment, and taking some time to think about your lifestyle choices. This article will cover all of these.     Education     The steps necessary to purchasing a home in Princeton, Texas starts with getting pre-approved for your home loan. Please note that we did not say to get pre-qualified, in today's mortgage world a pre-qualification means nothing. It is important to choose a mortgage lender that can of...
Comments 0
By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Princeton area were up 14% in January 2014 compared to last year, with 8 homes selling this month. So far this year, overall home sales have increased 14%, with 8 homes sold. New Princeton real estate listings increased 63% from last year, with 26 homes listed this month. For the year-to-date, home listings have increased 63%, with 26 homes listed. The number of current listings under contract this month was up 57%, at 11 homes. Listings under contract for the year-to-date have increased 57%, with 11 homes under contract. Click here for the Princeton Home Values Report. Princeton 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 Princeton area were up 11% in December 2013 compared to last year, with 10 homes selling this month. So far this year, overall home sales have increased 17%, with 181 homes sold. New Princeton real estate listings increased 25% from last year, with 10 homes listed this month. For the year-to-date, home listings have increased 13%, with 234 homes listed. The number of current listings under contract this month was down 14%, at 6 homes. Listings under contract for the year-to-date have increased 25%, with 189 homes under contract. Click here for the Princeton Home Values Report. Princeton Home Values Report Register online for monthly home value updates on your city and neighborhood, automatically emailed to you.  
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
A Special Government Home Renovation Loan Program with FHA 203 Renovation Loans offered in Princeton TX.    Many people are not aware of a special government loan program that is part of the Federal Housing Administration or FHA(a department within HUD). This FHA loan program allows the buyer or existing owner of a home to do significant amounts of remodeling or updating to their home without a higher cost second lien.         The loan program does not allow for “luxury items” which are defined as items like a swimming pool or hot tub, etc. Although, you can repaint, replace flooring and appliances, add a room to an existing structure (which can add to value tremendously as you increase the square feet of your home) as well as remodel cabinetry in kitchens and bathrooms.         Many ad...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Princeton TX VA Mortgage Loans and 100% VA Loans - the best loan program in the country!     Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today.     Here are some of the main features of this great program:     - Up to 100% financing, with no down required.   - No monthly mortgage insurance added to your payment.   - More lenient credit qualifying standards than other types of mortgage loans.   - Low rates compared to other loan programs.     How do you know if you qualify for Princeton TX VA Mortgage Loans?     You must first verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. A Texas VA loan lender can order your COE quickly for you, or y...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Princeton Texas Real Estate Sales were up a 67% change in October 2012 over the same month last year with 15 homes selling this month! For the year to date, overall home sales were at 134 homes sold, with a -1% change from last year. New Princeton Texas Real Estate listings experienced a -11% change for the same period last year with 17 homes listed this month. For the year to date, overall home listings underwent a 2% change with 187 homes listed this year. Listings pending sales this month underwent a 33% change, with 8 homes contracted. Listings under contract for the year to date experienced a -3% change, with 135 homes under contract for this month. Click here for the full report. Princeton Texas Real Estate Reports Register online for monthly updates on your city and neighborhood,...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Princeton Texas Real Estate Sales were flat at 0% change in September 2012 over the same month last year with 13 homes selling this month! For the year to date, overall home sales were at 117 homes sold, with a -7% 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 Princeton Texas real estate listings experienced a 36% change for the same period last year with 19 homes listed this month. For the year to date, overall home listings underwent a 3%...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Princeton Texas Real Estate Sales underwent a 57% change in August 2012 over the same month last year with 22 homes selling this month! For the year to date, overall home sales were at 104 homes sold, with a -8% 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 Princeton Texas real estate listings experienced a 10% change for the same period last year with 22 homes listed this month. For the year to date, overall home listings underwent a 0% ch...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Princeton Texas Real Estate Sales underwent a -35% change in July 2012 over the same month last year with 11 homes selling this month! For the year to date, overall home sales were at 82 homes sold, with a -17% change from last year. The Texas home market for the first 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 ideal 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. As the spring begins and school ends more homes with be put on the market and more prospective buyer will be looking for homes. Traditionally the second and third quarters are the busiest in...
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