May 2023 - Republic Title

3 Things You Need To Know About Contingent Contracts

Next up in our Three Things video series are Republic Title’s Janet Allen and Sarah Mann discussing the three things you need to know about contracts contingent on the sale of a buyer’s current home.

In this informative conversation they discuss when the buyer must receive the proceeds of their sale, what happens when a seller accepts a back-up offer, and some situations that may cause a buyer default. With the market heating up, this information is vital for agents and their clients.

For more information and resources, visit republictitle.com

Frisco Office Has Moved!

Republic Title Frisco has outgrown its former office space and has moved to a beautiful new location at 5001 Panther Creek Parkway, Suite 100 in Frisco! We look forward to continuing to serve you and your clients and we can’t wait for you to see our new space!

April 2023 DFW Area Real Estate Stats

In April, active listings have increased across all counties compared to last year. However, the demand is outpacing supply, and we need more inventory to meet the growing needs of homebuyers. Excitingly, the average price is slightly down from last year across our area, offering potential savings for home seekers. Moreover, days on market have decreased since last month, signaling a strengthening market and a sense of urgency for those looking to buy or sell.

Our stats infographics include a year over year comparison and area highlights for single family homes broken down by county. We encourage you to share these infographics and video with your sphere.

For more stats information, pdfs and graphics of our stats including detailed information by county, visit the Resources section on our website at DFW Area Real Estate Statistics | Republic Title of Texas.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.

City fast Facts Website Thumbnail Graphics-12

Spotlight on Plano

Whether you’re a lifelong resident or new to the area, there’s always something new to discover about your neighborhood. With that in mind, we created a Fast Facts sheet for cities and neighborhoods all over the DFW area. Our DFW Area fast facts have detailed real estate insights, things to do, places to shop and some of our favorite restaurants in each area.

Our first spotlight is the city of Plano. Plano is a vibrant city known for its thriving business community and high quality of life. With a strong economy, excellent schools, and an abundance of recreational activities, Plano offers residents and visitors a diverse range of attractions, from upscale shopping and dining to beautiful parks and cultural events.

Head to our website now to get all the details you need to stay up-to-date and in-the-know about your local neighborhood. Your community is waiting for you! republictitle.com/dfw-area-city-fast-facts

POPULATION

288K

AVERAGE HOUSEHOLD INCOME

$130K

MEDIAN AGE

39

HOUSING

59% OWN
41% RENT

AVERAGE SALES PRICE

$564K

AREA ACTIVITIES & FEATURES

• ARBOR HILLS NATURE PRESERVE
• CHISHOLM TRAIL GREENBELT
• CRAYOLA EXPERIENCE PLANO
• GO APE ZIPLINE & TREETOP
• HERITAGE FARMSTEAD MUSEUM
• INTERURBAN RAILROAD MUSEUM
• THE SHOPS AT LEGACY & LEGACY WEST | SHOPPING & DINING
• THE BOARDWALK AT GRANITE PARK | SHOPPING & DINING
• THE TEXAS POOL
• HISTORIC DOWNTOWN PLANO ARTS DISTRICT
• OAK POINT PARK
• CARPENTER PARK

FAVORITE LOCAL DINING & DRINK SPOTS

• LEGACY HALL • RED TRUCK CAFE • 1418 COFFEE•
• STEVE FIELDS STEAKHOUSE • THE FILLMORE PUB •
• YAO FUZI • THE LATIN PIG • DENSETSU • AI SUSHI •
• BAVARIAN GRILL • COFFEE DEL RAY • FARM + FEED •
• BAR RANCH STEAK COMPANY • BAVETTE GRILL •
• BEARD PAPA’S • BEERHEAD BAR & EATERY •
BEST THAI PLANO • BLACK RIFLE COFFEE COMPANY •
CAFE GECKO • CAFE MAX • CRAFTWAY KITCHEN •
• FRED’S DOWNTOWN PHILLY • HENRY’S ICE CREAM

FAVORITE LOCAL SHOPPING

DALLAS VINTAGE SHOP • HIRSCH’S MEATS •
• APRICOT LANE • BLUE MERCURY • SCOUT + MOLLY’S •
• ELLA BLEU • SWEET HOME BATH & BODY • LYLA’S
DECOR, CLOTHING & MORE • FEATHERED NEST

AVERAGE DRIVE TIMES

**Print Version

3 Things You Need To Know About Title Commitment

Looking for the inside scoop on title and real estate? Look no further than our new Three Things video series where we will highlight three things you should know about various title and real estate topics.

First up is Republic Title’s Janet Allen and Matt Visinsky discussing the 3 things you need to know about the Title Commitment. They cover what the title commitment is and the three key parts of the Title Commitment: Schedules A, B and C.

For more information, check out our blog post on the ABC’s of the Title Commitment: https://www.republictitle.com/the-abcs-of-title-commitment/