Fairview Homes for Sale
Search Fairview Homes for Sale. Search the MLS like a Realtor. Call or text Bob now for the best deals 214-263-0816.
Right Time to Buy?
If you’re wondering if it’s the right time to buy a home, you should know you have an opportunity to grow your wealth, stabilize your expenses, and benefit from more options for your home search this fall.
Fun things to do in Fairview.
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Allen Premium Outlets: Fairview is home to the Allen Premium Outlets, which offer discounted shopping at more than 100 stores.
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Heritage Ranch Golf and Country Club: This private club offers a 9-hole golf course, tennis courts, swimming pool, and fitness center. Non-members can also enjoy dining at the club’s restaurant.
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Fairview Town Center: This outdoor shopping center features several restaurants and shops, as well as a movie theater.
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Farmers Market: The Fairview Farmers Market is held on Saturdays and offers fresh produce and other local goods.
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Heard Natural Science Museum and Wildlife Sanctuary: This nearby museum and wildlife sanctuary features several nature trails and exhibits on Texas wildlife and natural history.
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Concerts in the Park: The Town of Fairview hosts several concerts in the park during the summer months.
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Kayaking and Paddleboarding: Fairview is located near several lakes and rivers that offer opportunities for kayaking and paddleboarding, including Lake Lavon and the Trinity River.
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Fairview Youth Theater: This local theater group offers several productions throughout the year, featuring young actors and performers from the area.
Overall, Fairview offers a range of fun activities for residents and visitors alike, from shopping and dining to outdoor recreation and cultural events.
For the Fairview Home of Sale market, how is the housing market doing?
1. The Number of Homes for Sale Is Increasing. Take a look at the Fairview homes for sale, HERE.
While the number of homes for sale is still low compared to pre-pandemic norms, there is good news for your home search. The number of homes for sale has grown considerably this year. As the National Association of Realtors (NAR) says:
“It’s very promising that housing inventory is improving. There are nearly 30% more homes available for sale compared to January.”
If you begin your search now and work with me as I know the traffic patterns and area, you’ll be in a great spot to benefit from the additional options I can provide to help you find your dream home.
2. Home Prices Are Appreciating More Moderately
If you’re waiting to buy because you think home prices will fall, you should know experts say that’s not projected to happen. According to the latest forecasts, experts project home prices will keep appreciating nationally, just at a more moderate pace than they did over the past year.
The good news is, once you do buy a home, any ongoing appreciation will help grow the value of your investment.
3. Home ownership Can Grow Your Wealth
Once you own a home, you’ll own a tangible asset that typically grows in value over time. As home prices appreciate, and as you pay your monthly mortgage payment, you’ll build equity in your home. This gives your own net worth and stability a boost. As Freddie Mac says:
“Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.”
4. Buying a Home Helps Shield You from Rising Costs
Census data shows the median monthly rent is consistently going up (see chart below) and has been since the late 1980s. To escape rising rents, consider purchasing a home so you can stabilize your monthly housing payment. Homeownership allows you to lock in what’s typically your largest monthly expense: your housing payment.
To find a home, my search tool provides you several ways to search for a home. You can search by a Map Search or MLS ID Search or Advanced Search where you have all of the MLS variables like Square feet, location, size of lot, price variable, bathrooms and location.
To search for homes for sale in Fairview click here and view Buyer video tips or discussions on the important of location or steps in buying a home here is a easy link on our website.
Market Recap – April 2023
- Home builder confidence rose for the fourth consecutive month in April, climbing from 44 to 45 on the National Association of Home Builders (NAHB) housing market sentiment index. This is the highest level in seven months. The present single-family sales component on the index climbed from 49 to 51 while the component for single family sales in the next six months climbed three points to a level of 50, which is the highest level in almost a year.
- After soaring over 15% in February, building permits slumped a composite 8.8% month-over-month in March. Single family-permits, however, jumped 4.1% month-over-month. Total housing starts slipped 0.8% while single-family starts climbed 2.7%. Though overall starts and permits declined, the positive trend for single-family housing is a sign of housing market stabilization, according to experts.
- Existing home sales slipped 2.4% month-over-month in March, giving existing home inventory a much-needed chance to increase. The median existing home sales price declined annually.
Fairview Homes for Sale Market Trends By Real Estate Portal – December 2022
The major Real Estate Portals have made the following statements.
Redfin – In December 2022, Fairview home prices were up 22.0% compared to last year, selling for a median price of $610K. On average, homes in Fairview sell after 35 days on the market compared to 26 days last year. There were 15 homes sold in December this year, up from 11 last year.
Realtor.com – There are 26 homes for sale, ranging from $379.9K to $3.6M. The median listing home price in Fairview, TX was $660K in November 2022, trending up 32.6% year-over-year. The median listing home price per square foot was $263.
Zillow – The typical home value of homes in Fairview TX is $691815. Fairview TX home values have gone up 20.5% over the past year.
Fairview Market Trends By Real Estate Portal – September 2022
The major Real Estate Portals have made the following statements.
Redfin – The Fairview housing market is very competitive. The average sale price of a home in Fairview was $520K last month, up 4.3% since last year. The average sale price per square foot in Fairview is $238, up 10.4% since last year. In September 2022, Fairview home prices were up 4.3% compared to last year, selling for a median price of $520K. On average, homes in Fairview sell after 32 days on the market compared to 16 days last year. There were 18 homes sold in September this year, down from 26 last year.
Realtor.com – The median listing home price in Fairview, TX was $607.5K in September 2022, trending up 20.1% year-over-year. The median listing home price per square foot was $251. Zillow -Typical Home Values: $552,758. 1-year Value Change: +27.9%. Fairview, TX is a seller’s market in September 2022, which means that there are more people looking to buy than there are homes available. On average, homes in Fairview, TX sell after 49 days on the market. The trend for median days on market in Fairview, TX has gone up since last month, and slightly down since last year. Fairview, TX hosts 13 public schools rated good and higher by GreatSchools. You can also find 2 private and charter schools.
Zillow – The typical home value of homes in Fairview TX is $691815. Fairview TX home values have gone up 20.5% over the past year.
Fairview Market Trends By Real Estate Portal – October 2022
The major Real Estate Portals have made the following statements.
Redfin – In October 2022, Fairview home prices were up 35.6% compared to last year, selling for a median price of $631K. On average, homes in Fairview sell after 24 days on the market compared to 32 days last year. There were 15 homes sold in October this year, up from 14 last year.
Zillow – The typical home value of homes in Fairview TX is $692334. Fairview TX home values have gone up 18.7% over the past year.
Rockethomes.Com – Between September 2022 and October 2022, Fairview, TX real estate market has seen decrease in the number of listings by 1.8%. In October 2022 median list price is $688,000, a increase of $73,000 over last month. Median list price of homes with 4 bedrooms as increase 38% over September 2022.
As you can tell from the statements made by the real estate portals, pricing a home can be confusing. That’s why it’s essential to consider hiring the right real estate professional to assist you. Nowadays, the average consumer has a wealth of information available.
You don’t need an agent to give you data; you need the right agent to interpret the data for you. By having the right information, you can make an informed decision that can save you thousands of dollars and hours of your time!
Call me as Charlie says I’m easy to talk too.
Here in my phone number 2142630816
