Garland, TX Home Sales Report ~ January 2013

Garland, TX Homes for Sale have seen steady price improvement month to month as well as year to year as inventory levels & mortgage rates remain at all-time lows. Below are the Numbers ...

• The Median Sales Price for January 2013 Garland, TX Homes for Sale was $170,546 with 339 Homes for Sale compared to last month, December 2012,  $143,298 and $102,608 January 2012.

• The number of Garland, TX Homes that have Sold in January 2013 was 29  with the Median Sales Price being $142,930 vs. 97 Homes that Sold in January 2012 with the Median Sales Price being $99,424.

• There are currently 187 Garland, TX Homes that are In Contract.

A few highlights of the current Garland, TX Homes for Sale are shown below and represent a nice cross section of properties including Water Front properties.

This Month’s Favorite 

1801 Cartman Dr, Garland TX ... $154,900, 4bd/2.5bth & 2,872sqft

Great home on a secluded Treed Lot. Home has numerous upgrades, an Open Floor Plan, the Master Bedroom Suite Downstairs and a Gameroom Space Upstairs! (Schedule a Showing)

Other favorites are ...

*5334 Heather Glen Dr, Garland TX $105,000 (4bd/2bth, 1,912sqft) Home has been newly Updated and Upgraded with an Open Floor Plan and a new Wood Fence with Metal Posts! (Schedule a Showing)

*1205 Mercy Court, Garland TX $175,000 (4bd/3bth, 2,796sqft) Home is in a Cul-de-Sac and features updates, an Open Floor Plan and a 3 Car Garage! (Schedule a Showing)

This Month’s Most Expensive

Courtesy of NTREIS Listings

The most expensive of all Garland, TX Homes for Sale this month is an Equestrian Estate listed at $1,199,500 and includes 7 bedrooms, 9.5 bath, 7,399 sqft on 9+ Acres. This Custom Built home has Separate Living Quarters, and 2 Pools! In addition it has an over the top 12 Stall Barn, Lighted Riding Arena and Pastures! (Schedule a Showing).

This Month’s Least Expensive

The least expensive of all Garland, TX Homes for Sale is a HUD Home for $35,000 and with a little TLC & updating, it can be better than it was when it was 1st built in 1944 and a great home for a first time homebuyer or an investor looking for a rental property with positive cash flow. It has 2 bedrooms and 1 bath with 798 sqft and a large backyard  (Schedule a Showing).

Let me know if I can help you or your family/friends with any Real Estate needs. Please know that I am never too busy for you or your referral & I would honor the chance to earn the business!
If there's a neighborhood that you'd like more information on, simply Email me or go to my Website to request a personal Home Search.
If you're thinking about Selling your home and would like to find out how much your home is worth in the current market, simply go to my Website to fill out the form.

Rockwall, TX Home Sales Market Report ~ January 2013

Rockwall, TX Homes for Sale have seen somewhat of a price improvement month to month as well as year to year as inventory levels & mortgage rates remain at all-time lows. Below are the Numbers ...

• The Median Sales Price for January 2013 Rockwall, TX Homes for Sale was $318,686 with 200 Homes for Sale (only 4 are foreclosures) compared to last month, December 2012,  $199,460 and $229,474 January 2012.

• The number of Rockwall, TX Homes that have Sold in January 2013 was 30  with the Median Sales Price being $197,040 vs. 36 Homes that Sold in January 2012 with the Median Sales Price being $218,617.

• There are currently 57 Rockwall, TX Homes that are In Contract.

A few highlights of the current Rockwall, TX Homes for Sale are shown below and represent a nice cross section of properties including Water Front properties.

This Month’s Favorite 

1730 Cresthill, Rockwall TX ... $194,900, 4bd/2.5bth & 2,238sqft

Courtesy of NTREIS Listings

Beautiful home in the sought after Shores Community. The stunning Kitchen opens up to the Living Room and there's 2 bedrooms downstairs and 2 upstairs. (Schedule a Showing).

Other favorites are ...

*2076 Pontchartrain Dr, Rockwall TX $335,000 (4bd/2.5bth, 3,600sqft) that is a WATERFRONT home in the Lakeside Village Community!

*1488 Madison Dr, Rockwall TX $163,000 (5bd/2.5bth, 2,911sqft) that is on an Oversized Corner Lot and has Upgrades throughout! 

This Month’s Most Expensive

Courtesy of NTREIS Listings

The most expensive of all Rockwall, TX Homes for Sale this month is listed at $2,999,500 and includes 4 bedrooms, 4.5 bath and has 9,451 sqft. This stunning ESTATE is on 40+Acres and has breathtaking Views, a Full Guest Suite, a Barn with Horse Stalls, and much more (Schedule a Showing).

This Month’s Least Expensive

Courtesy of NTREIS Listings

The least expensive of all Rockwall, TX Homes for Sale came in at $65,000 and with a little TLC & updating, it would be a great home for a first time homebuyer or an investor looking for a rental property with positive cash flow. It has 2 bedrooms and 1.1 bath with 1,464 sqft and a spacious garage  (Schedule a Showing).

Let me know if I can help you or your family/friends with any Real Estate needs. Please know that I am never too busy for you or your referral & I would honor the chance to earn the business!
If there's a neighborhood that you'd like more information on, simply Email me or go to my Website to request a personal Home Search.
If you're thinking about Selling your home and would like to find out how much your home is worth in the current market, simply go to my Website to fill out the form.

Rowlett, TX Home Sales Market Report ~ January 2013

Rowlett, TX Homes for Sale have seen steady price improvement month to month as well as year to year as inventory levels & mortgage rates remain at all-time lows. Below are the Numbers ...

• The Median Sales Price for January 2013 Rowlett, TX Homes for Sale was $209,060 with 177 Homes for Sale compared to last month, December 2012,  $156,407 and $156,924 January 2012.

• The number of Rowlett, TX Homes that have Sold in January 2013 was 29  with the Median Sales Price being $142,930 vs. 31 Homes that Sold in January 2012 with the Median Sales Price being $151,192.

• There are currently 66 Rowlett, TX Homes that are In Contract.

A few highlights of the current Rowlett, TX Homes for Sale are shown below and represent a nice cross section of properties including Water Front properties.

This Month’s Favorite 

7114 Lakeshore Drive, Rowlett TX ... $120,000, 4bd/2bth & 1,521sqft

Courtesy of NTREIS Listings

Completely Remodeled ~ has NEW Pergo floors, Carpet and Title throughout, NEW Granite countertops, Tile backsplash and NEW Stainless Appliances in the kitchen. Both Bathrooms have been completely updated with NEW custom Tile surrounds, Granite Countertops Luxury Vanities (Schedule a Showing).

Other favorites are ... 

*5500 Lakeview Circle, Rowlett TX $239,500 (3bd/2.5bth, 2,652sqft) that is a WATERFRONT home on 1/3 Acre with an Open Floor Plan & Fantastic Views!

*404 Point Royal Drive, Rowlett TX $339,000 (4bd/3bth, 3,000sqft) that is a WATERFRONT home that also has a Study & a huge upstairs gameroom space! This home is in Rowlett but is in the Rockwall ISD!

This Month’s Most Expensive

Courtesy of NTREIS Listings

The most expensive of all Rowlett, TX Homes for Sale this month is listed at $719,000 and includes 3 bedrooms, 3 bath and has 2,929 sqft. This Water Front Custom Built home has an amazing backyard oasis with 500ft of swimable Shoreline, Firepit & outdoor Kitchen! It really is a Must See (Schedule a Showing).

This Month’s Least Expensive

Courtesy of NTREIS Listings

The least expensive of all Rowlett, TX Homes for Sale came in at $64,900 and with a little TLC & updating, it would be a great home for a first time homebuyer or an investor looking for a rental property with positive cash flow. It has 3 bedrooms and 2 bath with 1,436 sqft and a large backyard  (Schedule a Showing).

Let me know if I can help you or your family/friends with any Real Estate needs. Please know that I am never too busy for you or your referral & I would honor the chance to earn the business!
If there's a neighborhood that you'd like more information on, simply Email me or go to my Website to request a personal Home Search.
If you're thinking about Selling your home and would like to find out how much your home is worth in the current market, simply go to my Website to fill out the form.

Penguin Days at the Dallas Zoo ~ January 1st - February 28th

It's January and can you believe that for the past 2 days it's been in the 70's?!  Gotta love Texas weather! This fabulous weather is supposed to continue, so why not visit the Dallas ZOO ~ they have PENGUIN DAYS after all!

                                                                       

What are PENGUIN DAYS you ask? It's from January 1st-February 28th. It's when admission is $5.00 Ages 3-64 / FREE Children (age 2 and under) instead of the usual $12 per children between 2 – 11, $15 for children 12 and adults (up to 64 years young) and $12 for seniors (65 & above)! Parking however is $8/car ... or you could take the DART (Dallas Area Rapid Transit) RED LINE to the Dallas Zoo Station ~ day ticket is $5/person and children 5 and under are Free. Ummmm, yeah, any way you slice it, PENGUIN DAYS at the Dallas ZOO is a great deal!

So put on your most comfortable shoes ~ gather up the kids and animal lovers and head to the Dallas ZOO to take advantage of the PENGUIN DAYS. The animal habitats will have you roaring! My son's favorite is the 11 acre Giants of the Savanna habitat where you can literally feed and pet the giraffes!

                             

                  

... and of course the Lacerte Family Children’s Zoo which has a stream for splashing, ponies for riding, and birds for feeding!

           

                                   
Throughout the day, there are also numerous "Keeper Encounters & Training Demonstrations" that are both interactive and entertaining!

                                                    

Hungry, there's a number of places you can eat at with a variety of food to purchase or you can bring your own picnic lunch. My favorite spot is the Serengeti Grill ~ you can actually watch the lions roam around on the other side of the floor-to-ceiling tempered glass window!

So whether you like lions or tigers or bears (oh my!) a PENGUIN DAYS at the Dallas ZOO will no doubt be FUN for all!     


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Let me know if I can help you or your friends/family. Please know that I am never too busy for you or your referral & I would honor the chance to earn the business!

Mortgage Forgiveness Debt Relief Act Extended ... What Does It Really Mean?

Mortgage Forgiveness Debt Relief Act has officially been EXTENDED to January 1, 2014! ... What does this really mean though???


This is great news for those Home Owners who unfortunately have to do a Short Sale or Foreclosure! Why you ask?  Well, to put it simply, if a homeowner sells their home via Short Sale/Foreclosure for $50,000 but they still owe $100,000 on their Mortgage Note. The Bank has "forgiven" the homeowner the remaining $50,000. The homeowner should have to pay TAX on that waived $50,000 but because of the Mortgage Forgiveness Debt Relief Act of 2007, the homeowner is not taxed on that "forgiven" money and it's not considered as Income.    

The National Association of Realtors (NAR) said in it's plea to the House and the Senate, "Homeowners shouldn't be forced to pay a tax on money they've already lost with cash they never received." You see, when any debt is "forgiven" or written off, whether it's by a company, a landlord, ect, and a Tax Form is filled out noting this "forgiveness", the Federal Government counts that forgiven amount as INCOME ... which in turn the individual has to claim it on their Federal Income Taxes and pay TAX on it. Soooo with the extension of the Mortgage Forgiveness Debt Relief Act, homeowners who are struggling will have another year to take advantage of not being TAXED on their Mortgage Debt Forgiveness the bank gave them!  

To see if you qualify, talk to your tax adviser and go to http://www.irs.gov/Individuals/The-Mortgage-Forgiveness-Debt-Relief-Act-and-Debt-Cancellation-    

In addition, homeowners who made less than $110,000 in 2012 and/or 2013, can deduct their Private Mortgage Insurance (PMI) from their Income Taxes. Again, talk to your tax adviser to see if you qualify.  


Let me know if I can help you or help your friends/family that you refer to me, please know that I am never too busy & I would honor the chance to earn the business!