Southlake Real Estate Blog

Report: U.S. Home Prices on the Rise

Sharon Hodnett — Tue, 18 Jun 2013 16:03:00 +0000

Much to the elation of home sellers everywhere, home prices are on the rise in nearly all states, according to a recent report from the real estate researcher CoreLogic.

Evidently, 48 states showed year-over-year gains in April.

Meanwhile, home prices also showed month-over-month gains between March and April.

As a result, home sellers from California to New York are feeling increasingly confident about entering their local real estate markets, hopeful about the price they may be able to get for their property.

Home Sellers Encouraged by National Home Prices

According to CoreLogic, home prices rose 3.2 percent between March and April – a sizeable increase from the 1.9 percent gain between February and March.

Nevada led the nation in gains, with home prices there leaping 24.6 percent from 2012.

Rounding out the top five list were:

California (19.4 percent)
Arizona (17.3 percent)
Hawaii (17 percent)
Oregon (15.5 percent)

Experts say that a low inventory of available homes for sale has caused home prices to rise – at least in part.

After all, as more buyers have entered the market hoping to take advantage of near-record low mortgage rates and depressed home values, the proportion of buyers and available homes for sale has become increasingly skewed.

In fact, the total number of homes for sale is 14 percent lower than it was last year.

And as any Economics 101 class will tell you, when demand exceeds supply, prices begin to rise.

This is driving even more buyers to the market, hoping to secure a great deal before prices rise even more.

Experts are now calling on more homeowners to list their property on the market, emphasizing that these individuals are likely to be pleased with the outcome of the sale.

Fast Facts on the National Housing Market

But before they enter the market, home owners should recognize the importance of aggressively pricing their property.

By accurately pricing their property at fair market value, it’s more likely that home owners will be able to sell their property quickly, instead of watching it languish on the market.

In order to price their home, it helps to be aware of recent activity on the market. To that end, here are some recent national housing market statistics that should help:

The National Association of Realtors recently reported that sales of previously occupied homes reached a 3.5 year high in April.
In April, the total number of signed home purchase contracts rose to its highest level in three years.
Home builders are gaining confidence in the market, with building permit applications increasing in April to their highest level in almost five years.
In 94 of the 100 largest U.S. cities, home prices increased during the month of April. During the previous month, that only happened in 88 cities.
Los Angeles and Phoenix saw the biggest price gains in those 100 cities, with both seeing a 19.2 percent year-over-year increase in home prices.
Atlanta and Riverside-San Bernardino were runners-up in terms of price gains. Both saw 16.5 percent year-over-year increases.
Dallas saw the third highest price gain in the country, with a 10.2 percent increase.

Although these home price gains are quite encouraging, it’s important to note that prices nationwide remain about 22 percent lower than their April 2006 peak.

Keeping an Eye on the National Housing Market for You

Check back here soon for regular updates on the state of the national housing market, which is sure to have an impact on local real estate markets all across the country.

Whether you’re thinking of buying or selling a piece of real estate, the information we provide will better prepare you for navigating the market effectively.

Sharon’s On TV

Sharon Hodnett — Thu, 16 May 2013 15:01:56 +0000

If you watch Channel 8’s Designing DFW, you might have seen North Texas realtor Sharon Hodnett on the segment The Home You Want to Own. She was featured April 14 and May 12 alongside host Susie McAuley, also known as Susie Homemaker.

North Texas Real Estate Featured on TV

Sharon showed the viewers around two of North Texas’s luxury homes in Lakewood Dallas and Southlake. Exquisite features, excellent decorating and beautiful landscaping are just a few of the things you can find within these featured homes. Take a look for yourself at the videos below to see what we’re talking about.

About Live, Love, Laugh Today

Starting in September, Sharon will begin co-hosting a spot on a new segment called Live, Love, Laugh Today from the Gaylord Texan. Hosts Susie McAuley and Linda Cooper are well known for their experience in local television broadcasting. They will explore a wide range of topics and segments that include:

Shopping Is My Cardio
The Home You Want to Own Feature
Donna Decorates Dallas – Interior Design Tips
Dr. Black on Better Living
Happy Tails (A Pet Feature Story)
What’s Cooking Segment
Build It With Bruce
The Susie Homemaker Dream Home
Project Mom Feature
The Car of the Month
And Much, Much More…

Promoting North Texas Luxury Homes

Live, Love, Laugh Today provides luxury agents and North Texas luxury home sellers with a great opportunity for maximum exposure. If you’d like to see a high-end home or great business recognized on the show, get in touch with Sharon today. This is a great way to get home buyers interested in North Texas’ luxury homes.

Be sure to tune in to the show when September rolls around!

Team Hodnett – Your Real Estate Expert in Southlake, TX

Sharon Hodnett — Tue, 09 Oct 2012 13:16:27 +0000

If you’re considering listing your Southlake Texas area home anytime soon, you’ll want to work with a top real estate professional. I’m Sharon Hodnett and my client’s have experienced the passion I have for serving our Southlake, TX clients. Working tirelessly on your behalf, Team Hodnett is all about securing you the best price for your Southlake Texas area home for sale!

Contact, me Sharon Hodnett and the rest of Team Hodnett today to discover how we will make your Southlake home selling experience as easy and stress-free as possible for you and your family!

Five Tips Before you Sell your Home

Sharon Hodnett — Fri, 06 Jul 2012 15:12:37 +0000

From Realty Times July, 2012 Issue:

Five Tips Before You Sell

Deciding to put your home on the market can bring on a wide range of emotions. You may feel excitement at the prospect of moving on or moving up. Some sellers feel anticipation about what the future holds and about what kind of deals buyers may bring to the table.
On the opposite end of the spectrum you may be feeling sadness or even regret. That’s because selling your house can feel a lot life selling your home. Any and all of these emotional responses are normal!
In order to stick to your guns and to keep on the sunnier side of the selling process it’s important to do five key things before you sell. Feeling prepared and in control of a situation is paramount in feeling good about your decision.
Here are the five pre-selling tips:
• Organize Paperwork: You most likely have papers regarding any home warranties. Prospective buyers are going to want to have these. Having them ready for viewing is a great selling point. You might also consider putting together a list of current contacts for pool maintenance, lawn care, and even repair work companies.
• Get an Inspection: Even almost new homes can have hidden damage. Most every buyer in today’s market will be getting an inspection. Beat them to the punch and have your own inspection performed so that you are not surprised come negotiation time.
• Perform Repairs/Get Estimates: Having your own inspection gives you the time to identify problem areas and either repair them or get estimates to have ready for prospective buyers. They’ll love how organized and up-front you are!
• Get Organized: Start packing as soon as you decide to list your home. Removing or packing away some of your personal belonging has two great benefits. First, it allows your home some breathing room to be staged and cleaned for showings (see #5). Buyers want to be able to see the house, not your stuff. Second, it starts the process of moving on. As you pack up your stuff you’ll find that the house will feel less and less familiar, which can be great for letting go of attachment.
• Stage: This means it’s time to amp up your curb appeal for starters. Trim trees and shrubs and pick up any debris from your yard. Keep you lawn in showing ready state all year around. You should also consider staging outdoor areas with freshly potted flowers, comfy chairs, and even outdoor accessories, such as lanterns, throws, and dinnerware.
You may wonder what these very practical tasks have to do with emotions, but the truth is they are so inextricably linked! Our experiences dictate our emotions. So, take the time to prepare for the selling process. Dot all your I’s and cross all your T’s and then sit back and enjoy your journey into a new stage of life!

Written by Carla Hill, Realty Times

Team Hodnett Recognized for Excellence on the Southlake Texas Real Estate Market

Sharon Hodnett — Thu, 05 Jul 2012 11:59:01 +0000

Congratulations from D Magazine

We here at Team Hodnett are thrilled to report that our Southlake Texas real estate team has been recognized yet again for our excellent services.

In the July issue of D Magazine, Team Hodnett was recognized for being a Top Producer in 2012.

D Magazine is a monthly magazine that covers the Dallas-Fort Worth area. This well-respected magazine covers everything from real estate to politics in the greater Dallas area.

Since 1977, the magazine has published its annual Best and Worst awards. In fact, D Magazine is well-known for its discerning tastes when handing out these awards.

According to D Magazine, 30 percent of the magazine’s 375,021 monthly readers look to D Magazine’s Best before choosing a Dallas area real estate agent!

Thus, we’re thrilled that we have been recognized as one of the best Southlake real estate teams in the area!

Your Southlake Texas REALTORS

We work hard everyday to earn the trust and business of interested Southlake home buyers and home sellers.

From our expert advice to our comprehensive home-buying and home-selling tools, we aim to provide each and every one of our clients with all the resources they need to confidently make a decision on the local housing market.

Until next time,

Sharon

The Hodnett Teams visits Grapevine Several Times per Year

Sharon Hodnett — Thu, 29 Mar 2012 16:06:49 +0000

Historic Grapevine is such a fabulous place to live and shop! Our team appreciates the opportunity to work and play in Grapevine. Our families enjoy the festivities at The Gaylord And Downtown Main Street each year. It’s part of family tradition! Grapevine is so conveniently located to DFW Airport and is central to everything! Real estate sales seem to always be on the Upswing in Grapevine. Homes sell very well throughout Grapevine and I am pleased to be a part of that community! We have been selling in the Grapevine area since 1994!

Grapevine boast approximately 47,460 residents and is recognized as one of “ The Best Cities to Live” in for the North Texas. Historic Grapevine is more than a destination, it is a journey. It is a journey to bygone days. Downtown Grapevine is unique. Main Street may remind you of the town where you grew up! Absorb the ambience of the many fine wineries, which gave Grapevine it’s name! Find rare treasures in the antique shops. Treat yourself to gourmet coffees and hand-made European style chocolates. Grapevine offers entertainments and activities year round. A market trends report recently reported that Grapevine has a total of 118 active listings as of March 12, 2012. There were 63 pending properties and the absorption rate was 3.03 months. The average list price was $258,284 while the average sold price was $249,393. The list versus sold ratio was 97 percent . The cumulative days on the market was 77 days. There were 467 closing in Grapevine for the past 12 months.

Team Hodnett would appreciate the opportunity to be your preferred real estate professional in the Grapevine area. They know the subdivisions better than most of their competitors and can help guide you as a buyer. Team Hodnett will help you purchase in areas that are best for resale in the future, keeping your investment in mind. They hope to sell your home in the future as well!

Some of the strengths of Team Hodnett are effective negotiating skills, market knowledge and great listening skills! Sharon Hodnett and her team of professionals have over 22 years of experience in the local DFW Market. Sharon has her Certified Relocation Certificate and has a strong track record for relocating clients to the Grapevine area. C21 Mike Bowman is approved through all relocation companies! New Construction comes easy for Sharon and her team. She has a strong relationship with many of the premier builders in the Grapevine area.

Sharon Hodnett has developed a stellar reputation among her peers and clients in the Grapevine, certainly due to a strong ethics background . You can count on integrity with each transaction that Sharon and her team are involved in. Excellent service and cutting edge technology are a winning combination to help clients succeed, whether they are buying or selling in Grapevine. These professionals will help you make an informed decision and will tell you what you need to know, not necessarily what you want to hear! Staging and marketing strategies are their specialty. A one on one consultation is offered at no expense to the seller. They are problem solvers! Through the years, they have helped buyers and sellers overcome obstacles that would have normally terminated a transaction, but because of their professional affiliates and experience with so many past transactions, deals rarely fall through!

You can expect expert advice when it comes to helping buyers find the area’s finest lenders and financial experts. It does matter who processes your loan! Team Hodnett can help you secure financing with the leading experts in the field. Team Hodnett will help their sellers get more money in their pocket in less time! Team Hodnett returns their calls in a timely manner!

Team Hodnett has a strong sense of community. They can help direct you to best restaurants with fine dining, shopping, medical professionals and even the best sports programs for the family!

Marketing is one of Team Hodnett strongest skills. Placement on over 300 websites and links to the virtual tours of each sellers home is guaranteed for every seller. There are apporximately 15 pages of Links once all the marketing is successfully launched for each seller. Team Hodnett still believes in print copy and will features their sellers in one of the local magazines with approximately
20,000 in circulation each month.

Sharon Hodnett has been featured on HGTV, House Hunters. The website www.TeamHodnett.com has an icon on the home page that will take you directly to the episode in which Sharon was featured. Sharon is also a regular guest on 1160 AM KVCE radio , 660 KSKY and IRN USA NEWS, Sharon has been a weekly regular for the past year on KVCE. Now the radio show has syndicated and can be seen every other Monday on IRN USA NEWS from 8:00 to 9:00 am. TeamHodnett.com has an icon that featured each of the past broadcast radio shows. Many different subjects are discussed to help the buying and selling public understand real estate better in Texas. They are spreading the news that real estate is not doom and gloom in Texas! Real Estate is on the Move. Her co host is Willie Lambright.

Team Hodnett is ranked #34 out of 125,000 competing C21 agents. Sharon and Team Hodnett are ranked in the top 1 percent of all agents nationwide for dollar volume and production. Team Hodnett has eight members and they specialize in selling expired listings or homes that did not sell the first time! Team Hodnett helps sellers price their home correctly, assist with staging and apply a strong marketing campaign To each sellers home. We are the top producer for C21 Mike Bowman’s office, the number one office in the world for C21 agencies. C21 Mike Bowman has place first no less than 16 times in the C21 System. Texas Monthly has recognized Team Hodnett as “Super Agent”. Fort Worth Business Press recognized Team Hodnett as Best in Client Satisfaction, Five Star agent. This recognition came after interviewing over 15,000 agents. Only 7 percent were selected from the survey. The results came from subscribers of the Fort Worth Business Press, title companies and local lenders. Team Hodnett located in the Southlake Town Square. Team Hodnett has had over 1826 closings for a dollar volume of $319,719,660

Please contact Team Hodnett today at 817-994-7152 or visit www.TeamHodnett.com. You may discover you can’t live without them!

If You Are Looking For A Great Value, Keller, Texas Is The Place To Go!

Sharon Hodnett — Thu, 29 Mar 2012 16:05:32 +0000

Team Hodnett has an outstanding track record in Keller. Sharon has been selling in the Keller area since 1989, when she became a licensed agent. Team Hodnett is a member of the Keller Chamber and participates in Chamber Events. Team Hodnett frequently visits Keller for shopping and medical professionals. Keller provides such great value for their clients. The school system has a great reputation and the neighborhoods are wonderful. The Keller Town Center is such a fabulous addition to the city. Team Hodnett supports local Keller events throughout the year.

There are approximately 47,500 residents in Keller, Texas. Keller was on the list for best places to live by Money Magazine. Keller ranked 7th in “Top 100 Best Places to live”. Keller has a low crime rate, an outstanding school district and a comprehensive park system for all residents to enjoy. There is a variety of housing from horse- friendly homes to custom built estates. There are beautiful trails that connect neighborhoods to parks. Keller and Central High School were ranked in Newsweek’s 2010 Top High Schools in the nation.

A market trends report recently reported that Keller has a total of 309 active listings as of March 12, 2012. There were 91 pending properties and the absorption rate was 5.96 months. The average list price was $331,820 while the average sold price was $319,786. The list versus sold ratio was 96 percent . The cumulative days on the market was 95 days. There were 622 closing in Keller for the past 12 months.

Team Hodnett would appreciate the opportunity to be your preferred real estate professional in the Keller area. They know the subdivisions better than most of their competitors and can help guide you as a buyer. Team Hodnett will help you purchase in areas that are best for resale in the future, keeping your investment in mind. They hope to sell your home in the future as well!

Some of the strengths of Team Hodnett are effective negotiating skills, market knowledge and great listening skills! Sharon Hodnett and her team of professionals have over 22 years of experience in the local DFW Market. Sharon has her Certified Relocation Certificate and has a strong track record for relocating clients to the Keller area. C21 Mike Bowman is approved through all relocation companies! Sharon is also a Luxury Marketing Specialist with a Guild status. She understands how to work with the elite buyer or seller. New Construction comes easy for Sharon and her team. She has a strong relationship with many of the premier builders in the Keller area.

Sharon Hodnett has developed a stellar reputation among her peers and clients in the Keller, certainly due to a strong ethics background . You can count on integrity with each transaction that Sharon and her team are involved in. Excellent service and cutting edge technology are a winning combination to help clients succeed, whether they are buying or selling in Keller. These professionals will help you make an informed decision and will tell you what you need to know, not necessarily what you want to hear! Staging and marketing strategies are their specialty. A one on one consultation is offered at no expense to the seller. They are problem solvers! Through the years, they have helped buyers and sellers overcome obstacles that would have normally terminated a transaction, but because of their professional affiliates and experience with so many past transactions, deals rarely fall through!

Team Hodnett has a strong sense of community. They can help direct you to best restaurants with fine dining, shopping, medical professionals and even the best sports programs for the family!

Sharon Hodnett has been featured on HGTV, House Hunters. The website www.TeamHodnett.com has an icon on the home page that will take you directly to the episode in which Sharon was featured. Sharon is also a regular guest on 1160 AM KVCE radio, 660 KSKY and IRN USA NEWS, Sharon has been a weekly regular for the past year on KVCE. Now the radio show has syndicated and can be seen every other Monday on IRN USA NEWS from 8:00 to 9:00 am. TeamHodnett.com has an icon that featured each of the past broadcast radio shows. Many different subjects are discussed to help the buying and selling public understand real estate better in Texas. They are spreading the news that real estate is not doom and gloom in Texas! Real Estate is on the Move. Her co host is Willie Lambright.

Please contact Team Hodnett today at 817-994-7152 or visit www.TeamHodnett.com. You may discover you can’t live without them!

Southlake Has A Strong Relocation Market

Sharon Hodnett — Tue, 27 Mar 2012 15:24:42 +0000

Sharon Hodnett has been a licensed realtor since 1989 and manages an eight member team. Southlake has been one of Team Hodnett’s favorite cities. The people are warm and kind and there is a strong relocation market in Southlake. Sharon Hodnett is a member of the Southlake Chamber and supports many of Southlake’s functions and business retailers. Sharon and her team are frequent shoppers at the Southlake Town Square, where their office is located! Southlake has a population of approximately 27,000 residents and has been ranked as one the best places to live by Money Magazine. Southlake Is located just 6 minutes from the DFW Airport. It is also home to some of the finest shopping and dining in all of Texas. There is charm and elegance about Southlake that you just will not find anywhere else!

A market trends report recently reported that Southlake has a total of 242 active listings as of March 12, 2012. There were 73 pending properties and the absorption rate was 6.37 months. The average list price was $614.993, while the average sold price was $591,676. The list versus sold ratio was 96 percent . The cumulative days on the market was 94 days. There were 456 closing in Southlake for the past 12 months.

Team Hodnett would appreciate the opportunity to be your preferred real estate professional in the Southlake area. They know the subdivisions better than most of their competitors and can help guide you as a buyer. Team Hodnett will help you purchase in areas that are best for resale in the future, keeping your investment in mind. They hope to sell your home in the future as well!

Some of the strengths of Team Hodnett are effective negotiating skills, market knowledge and great listening skills! Sharon Hodnett and her team of professionals have over 22 years of experience in the local DFW Market. Sharon has her Certified Relocation Certificate and has a strong track record for relocating clients to the Southlake area. C21 Mike Bowman is approved through all relocation companies! Sharon is also a Luxury Marketing Specialist with a Guild status. She understands how to work with the elite buyer or seller. New Construction comes easy for Sharon and her team. She has a strong relationship with many of the premier builders in the Southlake area.

Sharon Hodnett has developed a stellar reputation among her peers and clients in the Southlake, certainly due to a strong ethics background . You can count on integrity with each transaction that Sharon and her team are involved in. Excellent service and cutting edge technology are a winning combination to help clients succeed, whether they are buying or selling in Southlake. These professionals will help you make an informed decision and will tell you what you need to know, not necessarily what you want to hear! Staging and marketing strategies are their specialty. A one on one consultation is offered at no expense to the seller. They are problem solvers! Through the years, they have helped buyers and sellers overcome obstacles that would have normally terminated a transaction, but because of their professional affiliates and experience with so many past transactions, deals rarely fall through!

Team Hodnett has a strong sense of community. They can help direct you to best restaurants with fine dining, shopping, medical professionals and even the best sports programs for the family!

Please contact Team Hodnett today at 817-994-7152 or visit www.TeamHodnett.com. You may discover you can’t live without them!

Rated Top 10 in Texas Colleyville is the place to be!

Sharon Hodnett — Tue, 27 Mar 2012 14:59:03 +0000

Colleyville is the place to be! Rated Top 10 in Texas by D Magazine! Colleyville boasts luxury homes and a laid back atmosphere! The country setting is absolutely beautiful and neighborhoods are too! Team Hodnett is proud to serve the Colleyville area. Team Hodnett has a track record for real estate home sales that are strong and consistent. Sharon Hodnett and her team have been helping buyers and sellers Since 1994.

A market trends report recently reported that Colleyville has a total of 219 active listings as of March 12, 2012. There were 70 pending properties and the absorption rate was 7.14 months. The average list price was $469,647, while the average sold price was $452,050. The list versus sold ratio was 96 percent. The cumulative days on the market was 100 days. There were 358 closing in Colleyville for the past 12 months.

Team Hodnett would appreciate the opportunity to be your preferred real estate professional in the Colleyville area. They know the subdivisions better than most of their competitors and can help guide you as a buyer. Team Hodnett will help you purchase in areas that are best for resale in the future, keeping your investment in mind. They hope to sell your home in the future as well!

Some of the strengths of Team Hodnett are effective negotiating skills, market knowledge and great listening skills! Sharon Hodnett and her team of professionals have over 22 years of experience in the local DFW Market. Sharon has her Certified Relocation Certificate and has a strong track record for relocating clients to the Colleyville area. C21 Mike Bowman is approved through all relocation companies! Sharon is also a Luxury Marketing Specialist with a Guild status. She understands how to work with the elite buyer or seller. New Construction comes easy for Sharon and her team. She has a strong relationship with many of the premier builders in the Colleyville area.

Sharon Hodnett has developed a stellar reputation among her peers and clients in the Colleyville, certainly due to a strong ethics background . You can count on integrity with each transaction that Sharon and her team are involved in. Excellent service and cutting edge technology are a winning combination to help clients succeed, whether they are buying or selling in Colleyville. These professionals will help you make an informed decision and will tell you what you need to know, not necessarily what you want to hear! Staging and marketing strategies are their specialty. A one on one consultation is offered at no expense to the seller. They are problem solvers! Through the years, they have helped buyers and sellers overcome obstacles that would have normally terminated a transaction, but because of their professional affiliates and experience with so many past transactions, deals rarely fall through!

Team Hodnett has a strong sense of community. They can help direct you to best restaurants with fine dining, shopping, medical professionals and even the best sports programs for the family!

Sharon Hodnett has been featured on HGTV, House Hunters. The website www.TeamHodnett.com has an icon on the home page that will take you directly to the episode in which Sharon was featured. Sharon is also a regular guest on 1160 AM KVCE radio, 660 KSKY and IRN USA NEWS, Sharon has been a weekly regular for the past year on KVCE. Now the radio show has syndicated and can be seen every other Monday on IRN USA NEWS from 8:00 to 9:00 am. TeamHodnett.com has an icon that featured each of the past broadcast radio shows. Many different subjects are discussed to help the buying and selling public understand real estate better in Texas. They are spreading the news that real estate is not doom and gloom in Texas! Real Estate is on the Move. Her co host is Willie Lambright.

Please contact Team Hodnett today at 817-994-7152 or visit www.TeamHodnett.com. You may discover you can’t live without them!

“March, 2012 Real Estate Update”

Sharon Hodnett — Mon, 26 Mar 2012 16:12:25 +0000

Here is the link to our “March, 2012 Real Estate

Update”: http://realtytimes.com/c/SharonHodnett

This Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.

This month’s issue includes topics such as:

Make Your Home Appealing to Buyers

Know Your Expenses Before You Buy

Home Equity Use No Longer Home Equity Abuse

Natural Flooring Choices

I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!

Don’t forget to email us or call to get your Local Neighborhood Market Report and find out what is really going on with real estate in your subdivision, street or community.

Sincerely,

Sharon Hodnett and Team
CRS,Luxury Home Marketing Specialist
E-mail: sharon@teamhodnett.com
Web: http://www.TeamHodnett.com
Direct: 817-994-7152