Real Estate Market Report for Addison, Texas:  November 2020 Residential Real Estate For Sale in Addison TexasThe total number of currently available residential properties for sale in Addison, Texas is 45, as compared to 43 last month.  Thirty three are pre-owned and 12 are new construction. Currently for sale, there are: 14 single family homes (ranging in price from $400,000 - $2,195,000) 2 half-duplexes ($314,900 - $338,900) 12 condos ($189,000 – $459,000) 19 townhomes ($331,900 - $594,000) Thirty three of the available homes have been on the market for longer than 30 days.  The average number of days on the market for the “active” status, pre-owned homes is 84 days, as compared to 78 last month. The median number of days on the market is 42 days, compared to last month’s 44 days.   ... 12/04/2020

 Real Estate Market Report for Addison, Texas:  October 2020Residential Real Estate For Sale in Addison TexasThe total number of currently available residential properties for sale in Addison, Texas is 43, as compared to 33 last month.  Thirty three are pre-owned and 10 are new construction. Currently for sale, there are: 13 single family homes (ranging in price from $275,000 - $2,195,000) 3 half-duplexes ($314,900 - $343,000) 19 condos ($169,000 – $469,000) 6 townhomes ($331,900 - $496,000) Twenty five of the available homes have been on the market for longer than 30 days.  The average number of days on the market for the “active” status, pre-owned homes is 78 days, as compared to 97 last month. The median number of days on the market is 44 days, compared to last month’s 74 days.   New... 11/03/2020

This bit of information from the weekly Town of Addison newsletter caught my attention: Upcoming Public Hearing  The following Public Hearing will take place during the October 13 {2020} Council Meeting at the Addison TreeHouse, 14681 Midway Road. The agenda will be posted here three days prior to the meeting.   Case 1816-Z/Addison Senior Living. Public hearing on a recommendation regarding an ordinance changing the zoning on a 11.607-acre property located at the southwest corner of Dallas Parkway and Excel Parkway, from PD, Planned Development, to a new PD district in order to allow a senior living development and future office development.  I have long been a supporter of bringing senior housing to Addison. When I served on one of the Bond Committees many years ago, I was on the sub-c... 10/10/2020

Real Estate Market Report for Addison, Texas:  September 2020Residential Real Estate For Sale in Addison TexasThe total number of currently available residential properties for sale in Addison, Texas is 33, as compared to 29 last month.  Twenty four are pre-owned and nine are new construction. Currently for sale, there are: 11 single family homes (ranging in price from $284,900 - $2,195,000) 2 half-duplexes ($315,000 - $343,000) 13 condos ($298,000 – $469,000) 7 townhomes ($331,900 - $499,000) Twenty four of the available homes have been on the market for longer than 30 days.  The average number of days on the market for the “active” status, pre-owned homes is 97 days (as compared to 77 last month). The median number of days on the market is 74 days, compared to last month’s 37 days.   ... 10/01/2020

There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 Veterans Loans Benefits in Addison Texas in 2020. These are:        No down payment on a VA loan        No mortgage insurance        VA loans have a government guarantee        Your ability to shop and compare VA loans        VA loans don’t allow a prepayment penalty        They come in many varieties        It’s easier to qualify for a VA loan        VA loan closing costs are lower        The VA loan offers funding fee flexibility    VA loans are assumable Backed by the U.S. Department of Veteran... 09/10/2020

Real Estate Market Report for Addison, Texas:  August 2020Residential Real Estate For Sale in Addison TexasThe total number of currently available residential properties for sale in Addison, Texas is 29, as compared to 44 last month.  Twenty three are pre-owned and six are new construction. Currently for sale, there are: 11 single family homes (ranging in price from $289,000 - $2,195,000) 1 half-duplex ($315,000) 8 condos ($198,000 – $440,000) 9 townhomes ($331,900 - $499,000) Twenty two of the available homes have been on the market for longer than 30 days.  The average number of days on the market for the “active” status, pre-owned homes is 77 days (as compared to 61 last month). The median number of days on the market is 67 days, compared to last month’s 36 days.   New listings in Au... 09/01/2020

Real Estate Market Report for Addison, Texas:  July 2020Residential Real Estate For Sale in Addison TexasThe total number of currently available residential properties for sale in Addison, Texas is 44, as compared to 37 last month.  Thirty seven are pre-owned and 9 are new construction. Currently for sale, there are: 10 single family homes (ranging in price from $269,900 - $2,195,000) 1 half-duplex ($315,000) 20 condos ($198,000 – $469,000) 13 townhomes ($315,000 - $495,900) Twenty eight of the available homes have been on the market for longer than 30 days.  Homes are taking longer to sell as the market continues to correct.The average number of days on the market for the “active” status, pre-owned homes is 61 days (as compared to 69 last month). The median number of days on the market... 08/01/2020

Being a Addison Texas First Time Homebuyer makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner and how your goals fit in with that plan. One goal could be to stop paying rent that just increases after every lease you renew.Buying your own home first is one of the happiest times of your life! However, a lot of paperwork and time goes into it and finding a lender with great reviews will ease much of the stress. But, the satisfaction you get from your first home closing is something you will never forget! The benefits of being a Addison Texas First Time Homebuyer greatly outweighs renting for the following reasons:          Greater privacy.          Homes typically increase in value the o... 07/24/2020

Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t... 07/13/2020

Real Estate Market Report for Addison, Texas: June 2020Residential Real Estate For Sale in Addison TexasThe total number of currently available residential properties for sale in Addison, Texas is 37, the same number as last month.  Twenty seven of the properties are pre-owned and ten are new construction. Currently for sale, there are: 7 single family homes (ranging in price from $385,000 - $2,195,000) 1 half-duplex ($315,000) 17 condos ($135,000 – $469,000) 12 townhomes ($331,900 - $499,900) Twenty one of the available homes have been on the market for longer than 30 days.  Homes are taking longer to sell as the market continues to correct.The average number of days on the market for the “active” status, pre-owned homes is 69 days (as compared to 60 last month). The median number of d... 07/02/2020

Being a Addison Texas First Time Homebuyer makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner and how your goals fit in with that plan. One goal could be to stop paying rent that just increases after every lease you renew.Buying your own home first is one of the happiest times of your life! However, a lot of paperwork and time goes into it and finding a lender with great reviews will ease much of the stress. But, the satisfaction you get from your first home closing is something you will never forget! The benefits of being a Melissa Texas First Time Homebuyer greatly outweighs renting for the following reasons:          Greater privacy.          Homes typically increase in value the o... 06/26/2020

Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t... 06/15/2020

Real Estate Market Report for Addison, Texas: May 2020Residential Real Estate For Sale in Addison TexasThe total number of currently available residential properties for sale in Addison, Texas is 37, and last month there were 28.  Of the 37, 30 are pre-owned and 7 are new construction. Currently for sale, there are: 10 single family homes (ranging in price from $335,000 - $2,195,000) 1 half-duplex ($315,000) 17 condos ($175,000 – $469,000) 9 townhomes ($354,900 - $499,900) Twenty two of the 37 available homes have been on the market for longer than 30 days.  Homes are taking longer to sell as the market continues to correct.The average number of days on the market for the “active” status, pre-owned homes is 60 days as compared to 56 last month). The median number of days on the market i... 06/04/2020

 A week or so ago,  The Blue Angels did a flyover cross the Dallas-Fort Worth area, but we couldn't see them in Addison. The Town of Addison and Cavanaugh Flight Museum, located in Addison, have teamed up for an Addison Salute to Heroes flyover to recognize first responders, veterans, and essential workers. Look upwards in Addison on Friday, May 22, 2020 at 11:00 am. Some of the historic war planes from the Cavanaugh Museum's collection flying over will include a B-25, P-40, T-6, T-28, a T-37 owned by the Service Air Corps, and a privately owned Beechcraft Starship. Addison based Million Air Dallas generously provided the fuel for the flyover.The planes will take off from Addison Airport where some of Addison's first responders will be watching from the ramp at the Flight Museum. The pi... 05/20/2020

Real Estate Market Report for Addison, Texas: April 2020Residential Real Estate For Sale in Addison TexasThe total number of currently available residential properties for sale in Addison, Texas is 28, and last month there were 24.  Of the 28, 25 are pre-owned and 3 are new construction. Currently for sale, there are: 8 single family homes (ranging in price from $277,840 - $1,899,000) 1 half-duplex ($315,000) 11 condos ($180,000 – $399,900) 8 townhomes ($329,000 - $499,900) Sixteen of the 28 available homes have been on the market for longer than 30 days.  Homes are taking longer to sell as the market continues to correct.The average number of days on the market for the “active” status, pre-owned homes is 56 days as compared to 35 last month). The median number of days on the market is ... 05/01/2020

Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t... 04/09/2020

Real Estate Market Report for Addison, Texas: March 2020Residential Real Estate For Sale in Addison TexasThe total number of currently available residential properties for sale in Addison, Texas is 24, and last month there were 26.  Of the 24, 20 are pre-owned and 4 are new construction. Currently for sale, there are: 6 single family homes (ranging in price from $315,000 - $1,899,000) 1 half-duplex ($259,900) 9 condos ($159,900 – $549,900) 8 townhomes ($338,995 - $499,900) Eleven of the 24 available homes have been on the market for longer than 30 days.  Homes are taking longer to sell as the market continues to correct.The average number of days on the market for the “active” status, pre-owned homes is 35 days (as compared to 49 last month). The median number of days on the market is 1... 04/01/2020

There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 Addison Texas VA loan benefits in 2020. These are:        No down payment on a VA loan        No mortgage insurance        VA loans have a government guarantee        Your ability to shop and compare VA loans        VA loans don’t allow a prepayment penalty        They come in many varieties        It’s easier to qualify for a VA loan        VA loan closing costs are lower        The VA loan offers funding fee flexibility    VA loans are assumable Backed by the U.S. Department of Veterans Affairs,... 03/25/2020

We are not required to be quarantined in our homes in Addison, Texas at this time, but many of us are sheltering in place, nonetheless. If we do venture out for groceries, what we're looking for may not be available on the grocery shelves. All Addison restaurants are closed for dining in, but many still have employees cooking in the kitchens. Some restaurants are offering take-out and delivery services, some have drive-thrus and curbside pickup. A few restaurants have closed until further notice. Here's a link to special offers, promotions, and closings for Addison restaurants. And here's a link to grocery stores in and around Addison, some having special hours for seniors to shop. Please support our local restaurants - we want them to survive and be ready for us when we return in drove... 03/21/2020

There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 VA loan benefits in Addison Texas in 2020. These are:      No down payment on a VA loan      No mortgage insurance      VA loans have a government guarantee     Your ability to shop and compare VA loans     VA loans don’t allow a prepayment penalty     They come in many varieties      It’s easier to qualify for a VA loan     VA loan closing costs are lower     The VA loan offers funding fee flexibility    VA loans are assumable Backed by the U.S. Department of Veterans Affairs, VA loans are design... 03/12/2020