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Wylie, TX Real Estate News

By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
Sick of renting and want to buy again after you Short Sold your home? I helped alot of homeowners sell their homes with the Short Sale process over the last 5 years. Things happened and they were no longer able to make their house payments. It's okay, we all have a "past"!  I know most of them moved into an apartment, even though they weren't thrilled about it. So if this is you, please consider trying to buy a home again. The Federal Housing Administration made revisions to their guidelines. They have a "Back to Work" program that will allow certain borrowers a home loan after just one year of a foreclosure or short sale. Granted they will want to see a good year of payment history and a good credit score.  I am sure you are excited to own again and have learned your lesson! It makes m...
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
  Instructions for Filing your Homestead Exemption in North Texas   Since you have recently acquired a primary residence, now is the time of year for you to file a homestead exemption application.  The homestead exemption will reduce the taxable value of your property, limit the size of increases to the taxable value each year and provide the protection of Texas’ generous homestead laws!      To qualify for a homestead exemption, you must have owned the property as of January 1 of the year you are applying. Your homestead exemption applies to your primary residence only and you cannot claim a homestead exemption on any other property.    The easiest way to fill out an exemption form is to log onto your county’s website and locate your property using their “Property Search” feature.  Aft...
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
Wylie Texas Homes Sales Market Report for December 2013 What a year for 2013!! It was a whirlwind year for sellers in the Wylie, Texas area. Homes were selling within weeks most with multiple offers. All of my listings sold very quickly with very good offers as buyers learned that if they wanted a home that they liked, they must act quick and give a good offer the 1st time! The average sales price on Wylie, TXs sold homes increased 15.9 % from this time last year!! Sellers, this market will continue throughout the next year, so if you have been sitting on the fence about selling NOW IS THE TIME! I can't reiterate this enough! You can see from the chart above the Inventory of Homes for Sale is 30 % less than this time last year. This means buyers are having a hard time finding a home for...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Wylie Texas Home Sales were up 23% in October 2013 over the same month last year with 80 homes selling this month! So far this year, overall home sales were at 908 homes sold, a 15% change from this time last year. New Wylie Texas Real Estate listings changed -3% for the same period last year with 86 homes listed this month. So far this year, ovferall home listings underwent a 5% change with 1,098 homes listed. Current listings pending sale this month underwent a change of 5%, with 79 homes contracted. All listings under contract for the year to date experienced a change of 13%, with 936 homes under contract for this month. Click here for the full report.. Wylie Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes, automatically emailed to yo...
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
The seller withdraws his acceptance of your offer! This is a sentence I have said quite a bit lately, in writing of course! In this sellers market, time is of the essence!   Sellers are getting multiple offers on their homes and if your agent gets a verbal acceptance of your offer, you better get signatures fast!  I work with agents the best I can,  either by email or text when countering. Once a decision is made,  then the changes are done on the offers, with initials and signatures gotten. I have agents who don't use docusign or esign which may cause a significant delay! Driving around getting signatures ia slow and wasteful. (Of course, there are always exceptions to the rule. Some people don't have internet access) Anyway, buyer and seller don't have a contract, only a verbal agreem...
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
  Starting TODAY,  it will be a little bit harder to get a home mortgage. Or more precisely, banks and lenders will have to work a little bit harder to make sure borrowers can afford to buy a house!!!     Jan. 10, 2014, is the day that the new  Consumer Financial Protection Bureau (CFPB) steps in to oversee the mortgage industry.   Sounds scary,  like the CFPB is WATCHING you!!       To understand the new CFPB rules you need to know these two terms: Ablity-To-Repay (ATR) Qualified Mortgage (QM)     Ability-to-repay: This is a blanket rule requiring most lenders to make a concerted effort to ensure the borrower will be able to repay the mortgage. It means banks and other mortgage originators will have to look at more documents proving a borrower's income, assets, credit history, monthly ...
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
  Home Sales Market Report for Wylie Texas November 2013 Comparing sales with November 2012, I am seeing some significant changes in the home sales market for Wylie, Texas in November 2013. I am sure this report is an indication of changes for all of North Texas. Fewer Listings Median Sales Price Increases Lower Days on Market Lower Supply Lower Closed Sales As indicated on the chart below the median home sales price had a 20.9% increase in sales price. This means in 2013 the median increase in sales price was $32,700! WOW !  That is a great news! The bad news is not many people are putting their homes on the market! Now is the time to sell! Please contact me for a Comparative Market Analysis to see if your home has gone up in value since last year.    
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
  This years ice storm in North Texas damaged a lot of homes, trees and took an emotional toll on some. One of my customers was very upset that he is losing an oak tree in his back yard that he has had over 25 years! Thank goodness the sun came out and started melting all the ice. Made for some beautiful photos!   Here is some information on the Debris Pickup by the City of Wylie: Community Waste Disposal will pickup residential storm debris for the City of Wylie December 20 – 22.Limbs and brush must be cut into 4-foot lengths, stacked with limbs facing the street, and placed curbside at the front of the property by December 20.  The city is asking to make sure that debris does not encroach (hang out into!) the street. Storm debris may exceed the bulk pick-up limit of six cubic yards, w...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Wylie Texas Home Sales were up 3% in September 2013 over the same month last year with 80 homes selling this month! So far this year, overall home sales were at 823 homes sold, a 13.5% change from this time last year. New Wylie Texas Real Estate listings changed 28% for the same period last year with 86 homes listed this month. So far this year, overall home listings underwent a 6% change with 1,013 homes listed. Current listings pending sale this month underwent a change of 14%, with 75 homes contracted. All listings under contract for the year to date experienced a change of 13%, with 851 homes under contract for this month. Click here for the full report.. Wylie Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes, automatically emailed to...
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
 Open House 12/14/2013 in Wylie, Texas  2-4PM Cozy home on a great lot. Enjoy a private patio with no home directly beside you! 2 bedrooms with each room having a full bathroom! Brick gas fireplace, 2 car garage, landscaped, new carpet in master bedroom, walk in closets,upgraded lighting,stained glass front door, gated yard, laminate floors, open patios & covered patio! Kitchen has great cabinets with stainless steel applicances, kitchen window & large pantry.   
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
Dont miss this nice 3 bedroom,2.5 bath,2 car garage townhome in Wylie! The homes are connected at the garages so no neighbor noise! Walk to 8 grades, close to walking trail, skate park, Lake Lavon & I90! BRAND NEW CARPET installed 112013. Enjoy your covered front porch overlooking rose bushes & a large backyard. Master bedroom has a large walk in closet & private bathroom. These homes dont last long!     
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By Teral McDowell
(Referral Patners LLC)
First Baptist Church of Wylie will be hosting its annual Wrap It Up event. This year will be the 3rd year for the church and its volunteers to offer free gift wrap to the public. The event will be held in the same location as previously - Woodbridge Shopping Center located off of FM544 and McCreary Rd. The hours are Monday - Saturday 11:00 am - 8:00 pm and Sundays 1:00 pm - 7:00 pm. Refreshments will be served while shoppers await the wrapping of their gifts. Come on by and say hi - I'll be there!
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
Don't forget to stop by a Wylie Bank while you are out and about today! They will have fresh homebaked goods for you to purchase. This is a great opportunity for you to help this holiday season. All proceeds go to local families in need. This means you are helping someone in YOUR community   There are a few banks outside Wylie in Sachse and Lavon. Hope you have a chance to stop by and grab some goodies!  I know I am going right now! My sweet tooth is calling and all dieting is off until next week!
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
Wylie Arts Festival is here again! December 7, 2013 First Baptist Church Events Center200 N. Ballard Avenue The City of Wylie and the Public Arts Advisory Board will be presenting  "Wylie Arts Festival " on December 7 in the First Baptist Church Events Center, 200 N. Ballard Avenue.  Shop for fine art and handmade crafts; listen to the sounds of the season; and enjoy festive foods.  ADMISSION IS FREE ! Wylie Arts Festival First Baptist Church Events Ctr. 10 am - 7 pm Festival of Lights Parade Historic Downtown on Ballard 5:30 pm Tree Lighting Olde City Park  7 pm 100+ Art & Craft Vendors Shop from the vendors with a diverse, unique selection of quality handmade fine art and craft items.  From jewelry to home décor to clothing to paintings to gift items you will not find anywhere else, t...
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
Wylie Independent School District is rezoning! The effort is to relieve crowded campuses. When I moved to Wylie we had 5 campuses, there are now 20 campuses!! The plan is to make Hartman Elementary a dual-language campus only. This is Wylie's oldest campus and has my heart,  as this is where my kids attended! They want to move the current students to other campuses with most of the teachers. I wonder how they feel about that? All changes are planned to take effect for the 2014-2015 school year. To find out how this will effect your student before the final vote on 01/20/2014,  you can contact Dr. David Vinson 972-429-3005 or email vinson@wylieisd.net. Wylie is growing and will continue to grow! The schools are being proactive in making positive changes now! Considering moving to Wylie? ...
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
Watermark Subdivison is on the Northwest end of Lake Ray Hubbard .  Close to so many places: The Harbor on Lake Ray Hubbard George Bush Freeway Firewheel Mall Wylie Theatres Lake Lavon Lake Ray Hubbard Interstate 30 Rockwall Wylie Rowlett New construction homes can be purchased in this subdivison with lake views!  Please call me for more information, viewing the area, pricing and more!  There are so many great things about this area, you won't want to miss this opportunity!
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By Teral McDowell
(Referral Patners LLC)
Today's gratitude is wrapped up in the role of volunteering. Being a volunteer provides such blessings, friendships and joy in giving back to the local community. Wylie's Women League is a diverse group of volunteers coming together to see what they can do for their local community. November's general meeting was a time of preparing for the sale of poinsettias. The proceeds from this sale will go to the league's scholarship fund that is awarded to seniors at the end of each school year who meet the guidelines established by the league. To be eligible seniors must attend 1 of 2 Wylie High Schools. Funds for these scholarships are raised by several different activities throughout the league's year which happens to correspond with the school year. Personally I have a favorite scholarship f...
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By Teral McDowell
(Referral Patners LLC)
There is always something we can be grateful for such as the 30 Days of Gratitude, a blogging challenge for November. Today my plan was to express my gratitude for the stationary bike I will soon be off to ride in the Wylie Recreational Center gym. Then it occured to me that the reason I intended to blog about the bike was another gratitude for the day - rain. It is wonderful to have a place to go and exercise keeping us out of the elements of weather. Yet here in the great state of Texas we are so grateful for every drop of rain we receive. These last couple of years we have been in a drought. I am looking forward to the day our lakes are full again. It sure makes for a wonderful day when we can count our blessings and give thanks for each one of them. How are you blessed today?  
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
September 2013 Housing Market Report for Wylie, Texas 75098 September 2013 is higher on all points for home sales except Inventory. We are still experiencing low inventory or few homes listed for sale on the market. This is a sellers market which means sellers typically have an advantage over buyers. They can expect to receive about 96.9 % of their list price and sell within 30 days! If you have been on the fence about selling your home, read this report from last month. The average sales price is up 3% from last year at this time! I can perform a Comparative Market Analysis of your home if you have been considering selling your home.  
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
  Ready to Move In New Construction Homes in Collin County Texas   Two great locations for Brand New Construction Homes Near TWO Lakes...Lake Ray Hubbard and Lake Lavon!!        These are sample pictures and may or may not be the elevation available. These homes have fabulous elevations and features that you won't believe!! Prices range from $204,000 to $339,000. There are many financing options too! You can apply for 100% financing or bring a down payment , the choice is yours! First time buyers? I can answer all of your questions! Need to sell your existing home, I can help! Give me a call to see new construction homes!  Wylie Texas and the surrounding areas of Collin County and Rockwall County!      
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