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Pilot Point, TX Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Pilot Point Texas Veterans Loans with 100% financing on VA Loans - the best loan program and loan payment in the country!  VA Mortgage Loans are one of the best mortgage loan programs available today for both honorably discharged Vets and active duty military personnel.  Here are some of the main features of this great program:  - 100% financing, no down payment required.  - No monthly mortgage insurance added to your payment.  - More lenient credit qualifying standards than other types of mortgage loans- Low rates compared to other loan programs.  Here's how to qualify for Pilot Point Texas Veterans Loans:  You must first verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. An approved Texas VA loan lender can order your COE for you, or you can cont...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Pilot Point Texas!!If you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you. Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which saves you...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a preapproval (not prequalification) for Pilot Point TX Home Loans. Many consumers are not informed on the proper way for buying a home. No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how you go about the home buying process of Pilot Point TX Home Loans and the surrounding areas. The key is to take the proper steps to educate yourself on your buying power, initial investment, and taking some time to think about your lifestyle choices. This article will cover all of these.   Education    The steps necessary to purchasing a home in Pilot Point, Texas starts with getting pre-approved for your home loan. Notice we did not say get prequalified- in today’s world a prequalification is not meaningful. You...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
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...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
January 2017 Real Estate Market Summary for Pilot Point, TX (MLS Area 31)   Month Year to Date   2017 2016 % Change 2017 2016 % Change New Listings 123 129 4.9 123 129 4.9 Closed Sales (Reported) 52 84 61.5 52 84 61.5 Closed Sales (Projected) 52 94 81.5 52 94 81.5 Listings Under Contract 115 114 -0.9 115 114 -0.9 Average Sales Price $265,973 $298,242 12.1 $265,973 $298,242 12.1 Median Sales Price $197,950 $269,000 35.9 $197,950 $269,000 35.9 Percent of Original Price Received 97.7 95.9 -1.9 97.7 95.9 -1.9 Days on Market Until Sale 49 66 34.3 49 66 34.3 Inventory of Homes for Sale 201 239 18.9       Months Supply of Inventory 2.3 2.2 -3.0       There was an improvement of 61.5% in the number of properties sold in January 2017 compared to the same point in time last year. There were 84 p...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
December 2016 Real Estate Market Summary for Pilot Point, TX (MLS Area 31)   Month Year to Date   2016 2015 % Change 2016 2015 % Change New Listings 85 78 -8.2 1309 1569 19.9 Closed Sales (Reported) 82 102 24.4 1042 1240 19.0 Closed Sales (Projected) 82 115 39.8 1042 1253 20.2 Listings Under Contract 52 88 69.2 1044 1285 23.1 Average Sales Price $214,097 $295,613 38.1 $228,818 $278,379 21.7 Median Sales Price $199,700 $270,250 35.3 $197,500 $230,000 16.5 Percent of Original Price Received 97.0 96.3 -0.7 97.3 97.5 0.2 Days on Market Until Sale 34 54 59.7 41 41 -0.8 Inventory of Homes for Sale 220 242 10.0       Months Supply of Inventory 2.5 2.3 -7.6       This month housing sales reported was higher 24.4% from 2015, with 102 housing sales reported total this month. There were 1240 hous...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
November 2016 Real Estate Market Summary for Pilot Point, TX (MLS Area 31)   Month Year to Date   2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 64 76 18.8 960 1132 17.9 Closed Sales (Projected) 64 85 33.4 960 1141 18.9 Listings Under Contract 56 83 48.2 992 1198 20.8 Average Sales Price $225,595 $299,732 32.9 $230,076 $276,589 20.2 Median Sales Price $191,500 $244,500 27.7 $197,500 $227,500 15.2 Percent of Original Price Received 97.0 96.2 -0.8 97.3 97.6 0.3 Days on Market Until Sale 35 43 23.5 42 40 -4.9 Inventory of Homes for Sale 219 271 23.7       Months Supply of Inventory 2.5 2.7 5.6       In November 2016 there were 76 reported residential properties sold in Pilot Point, which was a growth of 18.8% relative to last year. There were 1132 reported housing units sol...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
February 2016 Real Estate Market Summary for Pilot Point, TX (MLS Area 31)   Month Year to Date   2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 71 68 -4.2 124 119 -4.0 Closed Sales (Projected) 71 76 7.6 124 127 2.7 Listings Under Contract 78 97 24.4 155 215 38.7 Average Sales Price $226,981 $246,215 8.5 $225,161 $251,162 11.5 Median Sales Price $202,473 $212,450 4.9 $201,975 $209,000 3.5 Percent of Original Price Received 95.7 97.1 1.4 96.0 97.4 1.4 Days on Market Until Sale 73 54 -26.4 70 50 -27.7 Inventory of Homes for Sale 153 195 27.5       Months Supply of Inventory 1.8 2.3 25.2       The number of recorded houses sold in February 2016 underwent a drop of 4.2% in contrast to the same month last year, with 68 sold total. Year to date there were 119 housing sales rep...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
There were 76 houses sold in Pilot Point this month, which is a 7% increase from a month ago. So far this year there have been 1,008 housing sales, which is a 3% upturn from last year. This month, 84 new properties were listed in Pilot Point. In December of this year, the number of new houses listed in Pilot Point increased 56%. Overall this year, new real estate listings are at 1,307 in all, which is a 7% rise from last year. Listed houses under contract this December in Pilot Point decreased 4%, with 54 properties currently listed under contract in December of this year. Year-to-date there have been 1,051 listed houses under contract overall, which is a 5% upturn relative to the same period last year. In total for this year, housing sales grew 9% compared to the same period last year,...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Pilot Point area were down 1% in May 2014 compared to last year, with 89 homes selling this month. So far this year, overall home sales have an increase of 3%, with 357 homes sold. New Pilot Point real estate listings increased 25% from last year, with 129 homes listed this month. For the year-to-date, home listings have increased 14%, with 545 homes listed. The number of current listings under contract this month was up 35%, at 100 homes. Listings under contract for the year-to-date have increased 8%, with 368 homes under contract. Click here to view homes in Pilot Point. Pilot Point Home Values Report Register online for monthly home value updates on your city and neighborhood, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Pilot Point area were up 20% in June 2014 compared to last year, with 90 homes selling this month. So far this year, overall home sales have an increase of 7%, with 453 homes sold. New Pilot Point real estate listings increased 39% from last year, with 143 homes listed this month. For the year-to-date, home listings have increased 18%, with 688 homes listed. The number of current listings under contract this month was up 18%, at 93 homes. Listings under contract for the year-to-date have increased 11%, with 516 homes under contract. Click here to view homes in Pilot Point. Pilot Point Home Values Report Register online for monthly home value updates on your city and neighborhood, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Pilot Point Texas Real Estate Sales were up 40% in February 2012 over the same month last year with 28 homes selling this month compared to 29 sold this month last year! For the 2012, year to date, overall home sales were down 20% with 59 homes sold compared to 29 homes sold last year. Register online for monthly updates in your city and your neighborhood automatically emailed to you at Aubrey Home Values. Search Pilot Point homes, Pilot Point forecloses, and Pilot Point shorts sales at Pilot Point Real Estate. This service is FREE and without any obligation from DFW Team Realty. New listings were down 53% for the same period last year with 33 homes listed as compared to 76 listed this month last year. For the year 2012, overall home listings were down 34% with 96 homes listed as compar...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Pilot Point Texas Real Estate Sales were up 7% in March 2012 over the same month last year with 38 homes selling this month! For the year to date, overall home sales were at 99 homes sold, a 17% change from last year. The Texas home market for the first quarter 2012 in the DFW Metroplex is overall improved over the last year. With both prices and interest rates at historic lows, this is an idea time to purchase for both new home owners and current home owners moving to larger homes. It is key to have your financing and prequalification work in process to insure a smooth transaction. As the spring begins and school ends more homes with be put on the market and more prospective buyer will be looking for homes. Traditionally the second and third quarters are the busiest in the real estate ...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Pilot Point Texas Real Estate Sales were down 3% in December 2012 over the same month last year with 28 homes selling this month compared to 29 sold this month last year! For the 2012, year to date, overall home sales were down 3% with 28 homes sold compared to 29 homes sold last year. Register online for monthly updates in your city and your neighborhood automatically emailed to you at Aubrey Home Values. Search Pilot Point homes, Pilot Point forecloses, and Pilot Point shorts sales at Pilot Point Real Estate. This service is FREE and without any obligation from DFW Team Realty. New listings were down 17% for the same period last year with 63 homes listed as compared to 76 listed this month last year. For the year 2012, overall home listings were down 17% with 63 homes listed as compar...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Pilot Point Texas Real Estate Sales were down 44% in December 2011 over the same month last year with 18 homes selling this month compared to 32 sold this month last year! For the year to date, overall home sales were Up 1% with 422 homes sold compared to 420 homes sold last year. Register online for monthly updates in your city and your neighborhood automatically emailed to you at Aubrey Home Values. Search Pilot Point homes, Pilot Point forecloses, and Pilot Point shorts sales at Pilot Point Real Estate. This service is FREE and without any obligation from DFW Team Realty. New listings were down 28% for the same period last year with 42 homes listed as compared to 58 listed this month last year. For the year to date, overall home listings were down 18% with 822 homes listed as compare...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Pilot Point Texas Real Estate Sales were up 25% in November over the same month last year with 30 homes selling this month compared to 24 sold this month last year! For the 2011 year to date, overall home sales were Up 3% with 400 homes sold compared to 388 homes sold last year. Register online for monthly updates in your city and your neighborhood automatically emailed to you at Pilot Point Home Values. Search Pilot Point Texas homes, Pilot Point Texas foreclosures, and Pilot Point Texas short sales at Homes in Pilot Point. This service is FREE and without any obligation from DFW Team Realty. New listings were down 25% for the same period last year with 49 homes listed as compared to 65 listed this month last year. For the year 2011, overall home listings were down 17% with 780 homes l...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Pilot Point area were up 4% in January 2014 compared to last year, with 54 homes selling this month. So far this year, overall home sales have increased 4%, with 54 homes sold. New Pilot Point real estate listings increased 46% from last year, with 99 homes listed this month. For the year-to-date, home listings have increased 46%, with 99 homes listed. The number of current listings under contract this month was down 2%, at 67 homes. Listings under contract for the year-to-date have decreased 2%, with 67 homes under contract. Click here for the Pilot Point Home Values Report. Pilot Point Home Values Report Register online for monthly home value updates on your city and neighborhood, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Pilot Point area were up 4% in December 2013 compared to last year, with 56 homes selling this month. So far this year, overall home sales have increased 66%, with 876 homes sold. New Pilot Point real estate listings decreased 3% from last year, with 56 homes listed this month. For the year-to-date, home listings have increased 27%, with 1,107 homes listed. The number of current listings under contract this month was down 31%, at 36 homes. Listings under contract for the year-to-date have increased 58%, with 878 homes under contract. Click here for the Pilot Point Home Values Report. Pilot Point Home Values Report Register online for monthly home value updates on your city and neighborhood, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Pilot Point Texas Home Sales were up 42% in November 2013 over the same month last year with 64 homes selling this month! So far this year, overall home sales were at 814 homes sold, a 71% change from this time last year. New Pilot Point Texas Real Estate listings changed -41% for the same period last year with 44 homes listed this month. So far this year, overall home listings underwent a 29% change with 1,050 homes listed. Current listings pending sale this month underwent a change of 6%, with 53 homes contracted. All listings under contract for the year to date experienced a change of 66%, with 836 homes under contract for this month. Click here for the full report.. Pilot Point Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes, automat...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Pilot Point Texas Home Sales were up 3% in October 2013 over the same month last year with 61 homes selling this month! So far this year, overall home sales were at 742 homes sold, a 73% change from this time last year. New Pilot Point Texas Real Estate listings changed 9% for the same period last year with 95 homes listed this month. So far this year, ovferall home listings underwent a 36% change with 1,004 homes listed. Current listings pending sale this month underwent a change of 52%, with 76 homes contracted. All listings under contract for the year to date experienced a change of 71%, with 776 homes under contract for this month. Click here for the full report.. Pilot Point Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes, automatic...
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