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Testimonials

Thank you for all that you did in making our "dream home" a reality. You went above and beyond what we expected, and your expertise made the transactions flow perfectly. Your negotiation skills got us the best price when you sold our home, and then when we bought the "Dream" home. You are truly a professional. The Becks
In all our dealings with Realtors over the years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you! T & K Collins
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Welcome to the premier resource for real estate information in the Dallas Area Metroplex.  Please enjoy your visit and explore everything my realty website has to offer including all real estate listings in the MLS, information for home buyers and sellers, and more About Me, your professional Dallas Realtor®.

Are you looking for a new home? Use Quick Search or Map Search to browse the MLS database of all available properties, or use my Dream Home Finder form and I will conduct a personalized search for you.

And if you are planning to sell your home, it is imperative to know the fair market price.  Request my FREE Market Analysis, to learn how I determine the accurate market value of your home.

Contact Me Today And Discover What A True
Real Estate Professional Can Do For You!


E-mail:  Lisa@LisaVon.com     Phone:  972-849-1300

Real Estate News

Latest Realty News from NAR

November 2018 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates rose to 4.99 percent this November, up 19.1 percent compared to 4.19 percent a year ago.

  • Housing affordability declined from a year ago in November moving the index down 10.6 percent from 161.0 to 144.0. The median sales price for a single family home sold in November in the US was $260,500 up 5.0 percent from a year ago.
  • Nationally, mortgage rates were up 80 basis point from one year ago (one percentage point equals 100 basis points).
  • The payment as a percentage of income was up from last month at 17.4 percent this November and up from 15.5 percent from a year ago. Regionally, the West has the highest payment at 23.8 percent of income. The Northeast had the second highest payment at 17.1 percent followed by the South at 16.8 percent. The Midwest had the lowest payment as a percentage of income at 13.7 percent.

  • Regionally, the Northeast recorded the biggest increase in home prices at 8.2 percent. The South had an increase of 3.8 percent while the West had a gain of 2.4 percent. The Midwest had the smallest growth in price of 1.6 percent.
  • Regionally, all four regions saw a decline in affordability from a year ago. The Northeast had the biggest drop in affordability of 14.4 percent. The South had a decline of 9.3 percent followed by the Midwest that fell 9.2 percent. The West had the smallest drop of 7.2 percent.
  • On a monthly basis, affordability is down from last month in all of the four regions. The Northeast region had the decline of 5.5 percent. The South had a decline of 2.0 percent followed by the Midwest with a dip of 1.8 percent. The West had the smallest dip in affordability of 0.7 percent.
  • Despite month-to-month changes, the most affordable region was the Midwest, with an index value of 181.9. The least affordable region remained the West where the index was 105.0. For comparison, the index was 148.8 in the South, and 146.4 in the Northeast.

  • Mortgage applications are currently up while credit availability is down. Rates are higher this month but are still historically low. Home prices are up 5.0 percent while median family incomes that are growing 3.0 percent. The job market is steady. More inventory is welcome on the lower end of the market whereas there is more supply of inventory for high priced homes.
  • What does housing affordability look like in your market? View the full data release here.
  • The Housing Affordability Index calculation assumes a 20 percent down payment and a 25 percent qualifying ratio (principal and interest payment to income). See further details on the methodology and assumptions behind the calculation here.

Throwback Thursday: First-Time Homebuyers Then and Now

In 1981 when NAR first started tracking the data, the average age of a first-time homebuyer was 29.  They made up 44 percent of all homebuyers.  Sixty-eight percent of first-time buyers were married couples, 12 percent were single female and 13 percent were single male (seven percent were other).

In contrast, in 2018, the average age of a first-time homebuyer was 46 and they accounted for 33 percent of all homebuyers.  Fifty-four percent were married couples, 18 percent were single female, 10 percent were single male, and 16 percent were unmarried couples (two percent were other).

In 1989, first-time buyers largely rented an apartment before they bought their home at 80 percent, and 15 percent lived with parents, relatives, or friends.  In 2018, the share of first-time buyers that lived in an apartment before they bought their home slipped to 71 percent while the share of those that had been living with parents, relatives, or friends previous to buying rose to 23 percent.

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Certified Luxury Home Marketing Specialist                   Member - Institute For Luxury Home Marketing   

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LISA VON DOMEK
Broker/Associate, Realtor®
ABR, AHWD, ALHS, ASP,
BPOR, CAPS, CDPE, CGP,
CLHMS, CMS, CRS, CSP,  
e-PRO, GREEN, GRI, MRP,

PS, QSC, SFR, SRES,
TAHS, TRC


Multi-Million Dollar Producer

Phone:  972-849-1300
Email:   Lisa@LisaVon.com

 

Lisa Von Domek is a Licensed Texas Real Estate Broker and REALTOR®, and a member of Real Living Real Estate Group.  Each Real Living Real Estate Office is Independently Owned and Operated.  All information provided and advertised is deemed reliable but is not guaranteed and should be independently verified.  All properties presented are subject to prior sale, rental or transfer and may no longer be available. 

REAL LIVING REAL ESTATE GROUP BROKER LICENSE #0561469
Lisa Von Domek's Real Estate Broker License #0552989

LicensedLicensed Texas Real Estate Broker.  Each Real Living Real Estate Office is Independently Owned and Operated.  All information provided is deemed reliable but is not guaranteed and should be independently verified.  Properties subject to prior sale or rental. REAL LIVING REAL ESTATE GROUP BROKER LICENSE #0561469 Texas Real Estate Broker.  Each Real Living Real Estate Office is Independently Owned and Operated.  All information provided is deemed reliable but is not guaranteed and should be independently verified.  Properties subject to prior sale or rental. REAL LIVING REAL ESTATE GROUP BROKER LICENSE #0561469Licensed Texas Real Estate Broker.  Each Real Living Real Estate Office is Independently Owned and Operated.  
All information provided is deemed reliable but is not guaranteed and should be independently verified. 
Properties subject to prior sale or rental. REAL LIVING REAL ESTATE GROUP BROKER LICENSE #0561469

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ABR - Accredited Buyer RepresentativeASP - Accredited Staging ProfessionalChildrenCRS - Certified Residential Specialiste-PROEqual Housing OpportunityGRI - Graduate, REALTOR® InstituteMLS membershipMSN HomeAdvisorQSC - Quality Service CertifiedREALTOR® certificationSRES - Seniors Real Estate SpecialistYahoo® Real Estate ClassifiedsNAR GreenAt Home With DiversityAccredited Luxury Home SpecialistCertified Luxury Home Marketing SpecialistCertified Distressed Property ExpertShort Sale And Foreclosure CertifiedTexas Affordable Housing SpecialistTransnational Referral CertifiedCertified Aging-In-Place SpecialistCertified New Home Sales ProfessionalVirtual Tour 360Elegant Homes InternationalMilitary Relocation ProfessionalActiveRain Top Contributor AwardWounded Warrior ProjectCLHMS

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