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Posted On Friday, 11 June 2021 00:00 Written by
Posted On Tuesday, 08 June 2021 20:58 Written by


Betsy Cameron Headshot 1A fourth-generation Dallasite with more than 20 years of experience in the residential real estate industry, Betsy Cameron offers proven leadership skills and industry expertise as the Vice President of Business Initiatives for the Ebby Halliday Companies. In addition, Betsy is the Sales Leader of Ebby’s iconic Little White House Office and Dave Perry-Miller Real Estate’s Lakewood Office.

As the Vice President of Business Initiatives, Betsy works alongside the executive team to offer strategic vision to drive the company’s profitability and produce high-quality offerings and services to its sales associates and consumers.

Betsy is passionate about the real estate business and the professional relationships that she is privileged to enjoy as she serves our valued clients and agents. As a licensed real estate agent, Betsy became a trusted advisor for clients and is, by her own admission, “over the top” on details. This precision has served her well in both leadership and management roles.

Posted On Wednesday, 09 June 2021 00:00 Written by
Posted On Wednesday, 09 June 2021 00:00 Written by

We need to take a minute and talk about the news we hear and the reaction there might be from it. We also must be very careful to look at the facts and the analysis by a variety of sources to be sure we have a clear view of what things actually mean and how they might impact the markets we serve.

I say this because we all know there is a significant media bias against the housing market. No matter what happens, there is always some outlets who are going to frame everything in the most negative light, even when an obvious upside is staring them in the face. The best example continues to be the complaint about inventory of homes for sale. YES, the number of homes on the market is falling, but that hasn’t stopped record numbers of home sales in 2018, 2019, & 2020. How can there be record breaking sales if there isn’t any inventory? Just yesterday there was a number of articles about falling purchase mortgage applications and a 3% drop in those mortgage applications accounting for lower home sales. Well, that may be true, but in this case, it isn’t; there were actually more contracts last week as there was a HUGE increase in the number of homes sold for CASH! Cash buyers don’t apply for mortgages!

Now, there is some pending data that will be reported tomorrow, June 4th, and next Thursday, June 10th, that you just need to be aware of. June 4th we will get the May jobs report and June 10th we will see important inflation data. These two reports could impact the interest rate markets either good or bad, depending on the news and how that news is viewed. I say this not to create fear or to say what will or won’t happen, I say this because you need to be prepared if any or all of the data puts pressure on interest rates, the possibility of wild fluctuations could be very real. So be prepared, and as always, if you like it, lock it; if the customer wants to gamble, get it in writing that they chose to float and accepts the outcome of doing so.

As always, questions or comments can be directed to: This email address is being protected from spambots. You need JavaScript enabled to view it.

Posted On Monday, 07 June 2021 00:00 Written by
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Posted On Monday, 31 May 2021 00:00 Written by

“One of these days, you are going to wish you paid more attention to me. Sincerely, Terms & Conditions”  someecards

Real estate sales are still running hot in May of 2021, pushing the national median home price to $372,400, up over 16%  from $310,100 a year ago.  Low inventory of homes for sale continues to cause buyers to compete with other buyers for the same house.  Buyers have to think fast and make their highest and best offer. The saying goes, “if you have to sleep on it, someone else will be sleeping in it.”

On one end of the see-saw, you see rising home prices. On the other end of the see-saw are low mortgage rates and high wages attempting to keep everything balanced. New homes hitting the market help maintain a balance between homes for sale vs. high demand from homebuyers.  

Watch out for rising mortgage rates, though.  Rising mortgage rates along with higher home prices could cause a correction in the rate of increasing home prices, even though prices are expected to continue to rise over the next year or two. 

Other costly mistakes to avoid on the home purchase contract:

1. Carson and Casey thought they knew the neighborhood and made a competitive offer to pay $10,000 over the appraised value. They thought the house would appraise for $175,000, but it appraised for $225,000.  Oops!  The unexpected higher price took Carson and Casey way past their budget, and they did not have enough money to close without pulling money from a retirement account. Expensive!

2. Stay clear of clauses like, “seller to pay a $10,000 decorator allowance to buyer at closing.”  Traditional mortgages prohibit the buyer from getting cashback from the seller in this manner.  There are other solutions to appease both parties without giving cashback to the buyer.

Real estate and mortgage professionals bring value to home buyers and home sellers when they can apply their knowledge to avoid costly traps to these customers.   When you save a customer from a bad experience, they reward you richly with referrals for years to come. 

Posted On Monday, 31 May 2021 00:00 Written by
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