Real Estate Market Report for Rockwall, TX ... April-June 2013

How's the Housing Market in Rockwall is the question I get a lot ... which is then quickly followed by I hear people say that the Housing Market in Rockwall sure is better than it was last year! 

Well let me tell you, The Rockwall Housing Market is Fast Moving! and It's certainly better than last year! Prices are steadily increasing and because of that, more people are putting their homes on the market to sell. Yes, Interest Rates are also starting to increase. 

Soooo what's my 2 cents??? Quite simply put ... If you're contemplating BUYING a home, the longer you wait, the more it's going to cost you! If you're contemplating SELLING your home, now really is a great time!

Below are the Numbers of how the Housing Market was during April, May & June in Rockwall as well how it compares to those months in 2012.

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.

Real Estate Market Report for Rowlett, TX ... April-June 2013

Are you wondering how the Housing Market in Rowlett is doing? If so, you're not alone ... it's actually a question I get a lot!

Well let me tell you, The Rowlett Housing Market is certainly better than last year! Prices are steadily increasing and by that, I'm talking $10-20,000 more! Because of the increase in Sale Prices, more people are putting their homes on the market to sell. One not so good thing is that the Interest Rates are also starting to increase but they're still lower than what they were when the market crashed.

Soooo what's my 2 cents??? Quite simply put ... If you're contemplating BUYING a home, the longer you wait, the more it's going to cost you! If you're contemplating SELLING your home, now really is a great time!

Below are the Numbers of how the Housing Market was during April, May & June in Rowlett as well how it compares to those months in 2012.

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 ~ March 2013

Rockwall, TX Homes for Sale are moving like Hot Cakes at the Fatted Calf on Sunday! Prices are steadily increasing, there are 40% more Home Closings, & Mortgage rates remain at all-time lows. Currently there are 216 Homes on the market that range from $79,500-$1,875,000 and only 1 Foreclosure.

Below are the Numbers of how the Housing Market was in Rockwall, TX  during March ...



Courtesy of CCAR

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 

Courtesy of NTREIS Listings

972 Dogwood, Rockwall ... $198,500, 4bd/3 bth & 2,2878sqft. Beautiful home is in Caruth Lakes and has an open floor plan with handscraped wood floors, granite countertops & a large island in the kitchen, and an oversized upstairs family room. (Schedule a Showing).

This Month’s Most Expensive

Courtesy of NTREIS Listings

The most expensive of all Rockwall, TX Homes for Sale this month is a Lake Ray Hubbard Waterfront property that is listed at $1,875,000 and includes 5 bedrooms, 4.5 bath and has 7,600sqft and is Boat Dock Approved. This stunning Tuscan Villa style home is surrounded by lush landscaped grounds, a pool, waterfalls, covered patios with an outdoor kitchen, climate controlled wine grotto, 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 $79,500. This cute 3 bedroom/1 bath with 1,375sqft and a large backyard will be great for an investor looking for a rental property with positive cash flow or starter home! (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 ~ March 2013

Rowlett, TX Homes for Sale are still seeing an improvement in price and mortgage rates remain at all-time lows. Thanks to the GBTP (toll expansion) and the City's focus on family fun, Rowlett is growing and attracting young families! Currently there are 164 homes on the market that range in price from $67,000 to $559,000 and 11 of these homes are Foreclosures. 

Below are the Numbers on the Rowlett, TX Housing Market ...



Courtesy of CCAR

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

Courtesy of NTREIS Listings

5206 Alazan Bay Drive, Rowlett, TX ... $199,500, 4bd/2bth & 2,503sqft This beautiful home that was built in 2000 has Granite countertops and Stainless Appliances, a Butlers Pantry, a versatile upstairs that can be a Media room, a Study or a 5th Bedroom, and it has a Pool-a-licious backyard! (Schedule a Showing).



This Month’s Most Expensive

Courtesy of NTREIS Listings

The most expensive of all Rowlett, TX Homes for Sale this month is listed at $599,000. It's a gorgeous LAKE Front property that is in Rowlett but inside Rockwall County & Rockwall ISD! This home has 4 bedrooms, 3 baths, 2,730sqft, a 3 Car Garage, stunning Views from it's Wall of Windows and a Covered Backyard Deck. 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 $67,000 and is a HUD home. 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 4 bedrooms and 2 bath with 2,212sqft and is in the Rockwall School District  (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.

Garland, TX Home Sales Report ~ March 2013

Garland, TX Homes for Sale have seen a 25% jump in price from last year AND mortgage rates remain at all-time lows! Currently there are 314 homes on the market that range in price from $39,900 to $1,099,000 and only 26 of them are Foreclosures.



Below are the Numbers ...

Courtesey of CCAR

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 

Courtesy of NTREIS Listings

1005 Shearwater Dr, Garland TX ... $239,373, 4bd/3bth & 2,302 sqft
This beautiful Gallery Custom Home is a Newly Built home that has Hardwood Floors in all living areas, a Kitchen Stainless Steel Appliances, Oversized Island & Granite Countertops, and a Backyard with a Covered Patio, Gas Plumbing for an outdoor kitchen and is fully grassed & Sprinklered! (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 a Mediteranian Estate listed at $1,099,000 and includes 5 bedrooms, 4.5 bath, 4 Car Garage, 7,080 sqft on 7+ Acres. This stunning home has a Diving Pool with Hot Tub, Tennis Courts, Horse Stables, a large Stocked Pond, Gated Private Entrances & much more! (Schedule a Showing).

This Month’s Least Expensive 

Courtesy of NTREIS Listings



The least expensive of all Garland, TX Homes for Sale is a HUD Home for $39,000. It's a 1,131 sqft quaint 3 bedroom 1 bath home and with a some TLC & updating, it can be a great home for a 1st time home buyer or an investor looking for a rental property with positive cash flow. (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.

Garland, TX Home Sales Report ~ February 2013

Garland, TX Homes for Sale have seen a big jump in price but the inventory levels & mortgage rates remain at all-time lows! 

My 2 cents for the Garland Home Seller is ~ It's a GREAT time to sell your home! Why? Because there are very few homes on the market and there are lots of Buyers out there who want to take advantage of the low Mortgage Rates! It's really a "Supply & Demand" perfect storm! For the Garland Home Buyer, if you're on the fence about buying a home, really now is the time! Why?! Because the prices are going to continue to increase as well as the mortgage rates!


Below are the Numbers ...

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 

2901 Apple Valley Dr, Garland TX ... $1897900, 4bd/3.5bth & 3,062sqft

Courtesy of NTREIS Listings

Beautifully updated home on a Treed Lot. Home has numerous upgrades, an Open Floor Plan, the Master Bedroom Suite Downstairs and a Gameroom Space Upstairs! (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

Courtesy of NTREIS Listings

The least expensive of all Garland, TX Homes for Sale is a HUD Home for $39,000. It's a quaint 2 bedroom 1 bath with a large yard and with a little TLC & updating, it can be a great home for a 1st time home buyer or an investor looking for a rental property with positive cash flow.  (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 ~ February 2013

Rowlett, TX Homes for Sale are still seeing an improvement in price and inventory levels & mortgage rates remain at all-time lows. Thanks to the GBTP (toll expansion) and the City's focus on family fun, Rowlett is growing and attracting young families! February  

Below are the Numbers ...

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 

103 Elm Crest Drive, Rowlett TX ... $174,900, 4bd/2.5 bth & 2,290sqft

Completely Remodeled ~ has NEW floors, NEW Granite countertops and Stainless Appliances in the kitchen, and totally Renovated Bathrooms. This beautifully cared for and updated home is in the City of Rowlett but it's in Rockwall County and in the Rockwall ISD! (Schedule a Showing).

This Month’s Most Expensive

Courtesy of NTREIS Listings

The most expensive of all Rowlett, TX Homes for Sale this month is listed at $599,900. It's a gorgeous LAKE Front property that is in Rowlett but inside Rockwall County! This home has over 200 feet of swimable Lake Shoreline, a Salt Water Pool,  includes 4 bedrooms, 3 1/2 baths and has 4,103 sqft.  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.

Rockwall, TX Home Sales Market Report ~ February 2013

Rockwall, TX Homes for Sale are moving like Hot Cakes at the Cafe on Sunday! Prices are steadily increasing and inventory levels & mortgage rates remain at all-time lows. My 2 cents ... If you're contemplating BUYING a home, the longer you wait, the more it's going to cost you! If you're contemplating SELLING your home, it's a great time as well ~ there's very little competition and there are lots of buyers looking which is bringing about a "Supply & Demand" perfect storm.

Below are the Numbers of how the Housing Market was in Rockwall during February ...

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 

2451 Wagonwheel Dr, Rockwall ...  $193,500, 4bd/2.5bth & 2,579sqft

Courtesy of NTREIS Listings

Beautiful home with amazing architecture throughout. This beautiful home is in Lofland Farms and has an open floor plan and is in walking distance to the Elementary School & Community Pool. (Schedule a Showing).

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

The least expensive of all Rockwall, TX Homes for Sale came in at $55,000 and with a some TLC & updating, it would be a great home for an investor looking for a rental property with positive cash flow. This circa 1945 1 bedroom/1 bath with768sqft, is in Old Town Historic District AND the Vacant Lot next door is INCLUDED with the sale! (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.

3.8% "Real Estate" Medicare Tax

What ... there's a "3.8% Real Estate Tax" that came into effect January 2013!?!    

Yes, there is a new tax that is being tacked onto Real Estate transactions (sales), but it's really an Investment Income Tax and known as the 3.8% Medicare Tax. 

You see, when you sell your home, it's possible that you might have this extra tax, but NOT ALL Real Estate sales will have this tax.   In a nutshell, the 3.8% Medicare Tax is a tax on Investment Income, an income which is derived from the sale of the property. This tax will only be on transactions where the person selling the home EARNS more than the amount on the transaction AND the individual has an INCOME above $200,000 or couples who jointly have an income above $250,000. 

Most likely, the sale of your principal residence won't be subject to the 3.8% Medicare Tax. However, it is always best to consult with a tax advisor to see if this 3.8% Medicare Tax will apply to you. 

Here's a great PDF Pamphlet that the National Association of Realtor has created about the "Top 10 Things You Need to Know About the 3.8% Tax"

http://www.ksefocus.com/billdatabase/clientfiles/172/4/1609.pdf 

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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.

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.