DFW Home Prices Undervalued by 32%…Study Shows

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Last Friday Steve Brown wrote an interesting article in the Dallas Morning news about how  home values compare across the country.  The study was recently done by IHS Global Insight a Massachusetts basedresearch firm.  Dallas-Ft. Worth has some of the most undervalued homes in the country.
According to Jeannine Cataldi, Global Insight’s senior economist [...]

Feds Now Offer Downpayment and 100% Loans for First Time Home Buyers

Now the federal government is bending over backward to help would be first time home buyers to buy a house.  Basically, this FHA announcement means that  you and I the taxpayers will now give away $8000 up front for new buyers to use as part of their  down payment!   Up until now the $8000 tax  [...]

Prosper Festival To Include Health and Safety Fair

The Prosper Arts  and Music Festival sponsored by the Prosper Chamber of Commerce to be held at Town Center at Broadway and Preston this year will include the Prosper Fire Department’s and the Prosper Police Department’s annual Health and Safety Fair.
Last year, without the Health and Safety Fair, over 3000 people attended the Festival.  Some [...]

Prosper TX Real Estate – Buyers and Sellers Seek Win-Win

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Prosper real estate, and negotiating deals on Prosper homes, isn’t that different from anywhere else in the country.  Buyers want to pay as little as possible, and sellers want to take as much away from the closing table as they can.  However, buyers and sellers of Prosper homes should always strive to create a [...]

Recession Woes Don’t Affect Huxley and Me

I ran across this photo that I took a few months ago of my  black shorthair cat Huxley.  I know this is not national or regional news and you may think it unworthy for a blog but I want to make a very important point.  Well, very important to me and probably every pet owner.
The [...]

DFW Economy…Bouncing Along the Bottom

According to Brendan Case the north Texas  regional economy “remained weak through late May, but there were increased reports of stabilation” and signs that job cuts may me easing.”  The business community remains extremely cautious according to the Beige Book report for the Fed Dallas district which includes parts of Louisiana and New Mexico.
As a [...]

Plano Council Retreats To Address Budget and Aging Infrastructure

Image by OldOnliner via Flickr

The Plano City Council will meet June 10 for its annual Council Retreat to discuss the direction of the city.
According to the agenda, the retreat will involve “discussion, direction and action regarding review of city of Plano vision, mission, strategic plan, overarching themes, goals and core businesses, including council governance, roles [...]

Plano and Frisco Home Buyers Wait for Lower Prices…Why?

When shopping for a home, the natural tendency of any buyer is to want to pay the lowest price possible. It’s important to keep in mind, however, that the sales price is not the only factor that determines what the monthly payment will be. In fact, the impact of higher interest rates can easily [...]

McKinney TX – Basking in the Dallas/Ft. Worth Growth Trend

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McKinney homes are in demand, as part of a trend for growth in Dallas/Fort Worth population and job creation.  According to a 2008 article on CNNMoney.com, “More people moved to Dallas-Fort Worth, Texas, than to any other metropolitan area in the United States last year”.
More upbeat statistics about McKinney real estate and [...]

Prosper Chamber Launches State of The Art Website

If you are a small business-man and want people in your community to be able to find you for your services and or products, you obviously want to join your local chamber of commerce.  Printed annual directories are old hat.  As soon as they are printed, they are out of date. People misplace them or [...]