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Did You Know?


DID YOU KNOW? Frisco, for the first time in at least 5 years, topped the U.S. Census Bureau's list of fastest-growing big cities in the nation, adding an average of 37 new residents every day for a population jump of 8.2%. The booming Dallas suburb also landed in the 9th spot in terms of the raw number of residents it added over the year that ended in July - an impressive feat for a city that, at 177,286 people, is still relatively small. (Dallas News)

DID YOU KNOW? Fort Worth, Texas added 18,664 residents over the year, the 4th most of any city in the country following close behind Dallas, which added 18,935.....enough to push Fort Worth past Indianapolis as the USA’s 15th largest city.

DID YOU KNOW? There is a mortgage program that allows an owner to take equity out of their home while it’s currently listed for sale. The Key benefit is you don't need to take the property off the market. This could be especially useful when a seller needs cash to purchase another property before theirs sells - or those sellers who need immediate cash - taking the pressure off the listing agent so that they can market more calmly. With 12-month loans, interest-only payments, and no income verification, its currently offered in New York, New Jersey, Connecticut, and Florida through GuardHill Financial's Richard Barenblatt.

DID YOU KNOW? Globally more than 150 homes sold for more than $25 million each in the past year till end August 2018: The global ultra-prime housing market is strong. These 153 sales accounted for a combined $6.6 billion that each sold for more than $25 million. Hong Kong lead with 47 homes priced at $25m or above changing hands. New York was 2nd with 39. London slipped to 3rd place with 38 transactions. (Guardian)

DID YOU KNOW? Now there are even more buyers in the market.....Open Door and Zillow Offers are actively buying homes - all cash - with fast closings, competing against current buyers. The catch? "Agency fees" range from 6 to 13%! Are us traditional agents too cheap? (Business Insider)



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