Rockwall, TX Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The area surrounding Rockwall,Texas is great for mortgages to help with your home purchase needs as a result of USDA home Loans. A down payment option of 0% exists to home buyers searching for home purchases in Rockwall,Texas. A lot of home buyers realize the significance of keeping their cash reserves for other purposes than home down payment.Fortunately, a special USDA loan government program is available that can help with this. An important part (for several reasons) for home buyers success is post closing reserves. It is always a good idea for the owner of a home to have 6 months or more of reserves on hand in case of emergencies, so that items can be replaced like oven, disposal, stove, air conditioning/heating and hot water heaters Next, many home owners want to purchase new furn...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
February 2016 Real Estate Market Summary for Rockwall, TX (MLS Area 34)   Month Year to Date   2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 109 122 11.9 190 233 22.6 Closed Sales (Projected) 109 137 25.8 190 248 30.6 Listings Under Contract 145 171 17.9 267 302 13.1 Average Sales Price $278,341 $280,428 0.7 $269,373 $273,994 1.7 Median Sales Price $220,000 $224,500 2.0 $214,963 $224,750 4.6 Percent of Original Price Received 96.1 95.7 -0.4 95.9 95.7 -0.2 Days on Market Until Sale 60 56 -6.0 59 58 -0.8 Inventory of Homes for Sale 431 374 -13.2       Months Supply of Inventory 2.7 2.2 -18.3       In February 2016 there were 122 home sales recorded, which was a gain of 11.9% from last year. The number of reported units sold year to date showed an uptick of 22.6% from Febr...
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By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
  Renovation Loans Aren't Just For Foreclosures   Did you know that renovation loans can be used on more than just homes that have been foreclosed upon or being sold by HUD?  It's true!     You have found a your perfect location and great home in a wonderful established neighborhood ! It is not a foreclosure and it is being sold by the by the original owner BUT:  It is living in the 80's decor The house needs minor repairs plus upgrading You want a swimming pool  You want to add a shop The elevation needs updating    NO PROBLEM !!!   You can use the FHA 203k REHAB LOAN to finance AND rehab the home BEFORE you move in !!      But EVERY room needs upgrading?? "Can I afford that!?"  you say.  Not a problem using the Fannie Mae HomeStyle Renovation loan - finance up to the conforming loan ...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Homes sold this month in Rockwall climbed 11%, with 142 homes sold. This year there have been 1,943 houses sold in all, which is a 3% increase from a year ago. New houses listed in Rockwall fell 3% this month, with 106 homes listed during December. Year-to-date new listings are at 2,599 overall, which is a 2% gain relative to the same period last year. The number of listings under contract in Rockwall fell 4%, with 110 homes currently listed under contract. Cumulatively this year, current listings under contract are at 2,046 in all, which is a 5% growth relative to the same period last year. The average selling price was about $276,919 year-to-date, which is a 11% rise relative to the same period last year. During December, the average price for a home was about $283,588, which is a 14%...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
There have been 25 homes sold in the Lynden Park Estates subdivision in the city of Rockwall. These homes were constructed in between the years 2000 and 2005. A house in the Lynden Park Estates subdivision went for $180,615 on average, the lowest price at $135,000, and the highest at $227,500.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
In the Lofland subdivision, Rockwall Texas, there have been 22 houses sold this year. The houses sold were constructed between 2001 and 2009. Lofland homes have an average sales price of $188,089, the lowest sales price at $156,400, and the highest at $242,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
The Lakeview Summit subdivision housing sales are at a total of 34 houses this year. The age range of the homes sold is between 1971 and 2014. A house in the Lakeview Summit subdivision sold for $218,251 on average, the lowest price at $184,800, and the highest at $276,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
In the Lakeside Village subdivision, Rockwall Texas, there have been 29 homes sold this year. The homes sold were made between the years 1994 and 2005. A home in the Lakeside Village subdivision sold at $229,952 on average, the lowest sales price at $53,000, and the highest at $405,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
There have been 18 houses sold in the Hillcrest Shores subdivision in Rockwall. The homes sold were built between the years 1997 and 2001. A house in the Hillcrest Shores subdivision went for $324,133 on average, the lowest price at $240,000, and the highest at $749,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Housing sales in the Highland Meadows subdivision in Rockwall are at 9 houses sold for 2014. These houses were built in between 2002 and 2005. The Highland Meadows subdivision homes have an average selling price of $146,944, the lowest price at $115,000, and the highest at $188,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
The Hickory Ridge subdivision housing sales have reached a total of 39 homes in 2014. The age range of these houses is in between the years 1991 and 2013. Hickory Ridge houses have an average sales price of $177,835, the lowest sales price at $145,500, and the highest at $270,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Foxchase subdivision in Rockwall are at 13 houses sold for 2014. The age range of the homes sold is in between 2007 and 2012. The average home sale in the Foxchase subdivision was $299,208. The lowest sales price was $219,500, and the highest was $393,200.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Housing sales in the Dalton Ranch subdivision in Rockwall Texas have reached 11 homes sold for 2014. These homes were made between 1998 and 2001. A home in the Dalton Ranch subdivision went for $269,818 on average. The lowest price was $226,000, and the highest was $293,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
In the Crestview subdivision, Rockwall Texas, there have been 21 houses sold during 2014. These homes were made between the years 1973 and 2013. A house in Crestview sold for $207,505 on average, the lowest selling price at $169,000, and the highest at $263,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Chandlers Landing subdivision in the city of Rockwall are at 51 houses sold for 2014. These houses were constructed in between 2008 and 2013. The average home sale in the Chandlers Landing subdivision was $264,582, the lowest sales price at $70,000, and the highest at $675,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
There have been 8 homes sold in the Castle Ridge Estates subdivision in Rockwall. The age range of the homes sold is between the years 1994 and 2014. Castle Ridge Estates houses have an average selling price of $323,321. The lowest sales price was $257,000, and the highest was $385,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
In the Caruth Lake subdivision, Rockwall Texas, there have been 38 houses sold in 2014. The houses sold were constructed in between Year Built and 1994. The average home sale in the Caruth Lake subdivision was $216,415, the lowest price at $162,000, and the highest at $287,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The Legacy Group is happy to announce a new mobile app that allowsHOME BUYERS to search for real, up to the minute, live MLS listings. The app is called “Home Scouting” and is aFREE home finding service provided directly to consumers by Home Buyers MARKETING II, Inc, a licensed brokerage services company. Whether you’re ready to buy a home or just browsing, you’ll want to take advantage of the free Home Scouting app. This convenient app makes finding your dream home fast and easy. Home Scouting provides you with 100% of the ACTIVE MLS listings, unlike some other public home search websites and apps. You receive the most accurate information AVAILABLE and with Home Scouting you can: View every MLS listing·       Schedule a home showing View sold home information See detailed school distr...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
In the Meadowcreek Estates subdivision, Rockwall Texas, there have been 34 houses sold in 2014. These homes were made between 1999 and 2014. The Meadowcreek Estates subdivision houses have an average price of $163,263, the lowest sales price at $102,498, and the highest at $206,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
The Northshore subdivision housing sales have reached a total of 27 houses this year. These houses were built in between the years 1999 and 2003. The average sales price for a house in the Northshore subdivision was $211,322, the lowest price at $105,000, and the highest at $320,000.Click Here for the full report. Rockwall Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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