Pricing Your McKinney Home for Sale

 
View Larger Map  Despite what you may see in the mainstream media, people are getting mortgages to purchase McKinney homes, and sales are closing. In working with buyers in my career, I’ve received an education in human behavior, especially in the decisions involved in a high dollar purchase, like a home. Couple that experience with [...]

Plano Home Report for September and YTD

It is important to take into consideration the fact that Plano is pretty much totally developed.  There is some undeveloped land in far northwest Plano around Midway Road and highway #121.  But compare Plano to McKinney, Frisco and Prosper, it no longer can sustain the growth that these newer cities are undergoing.  There is a [...]

Frisco Real Estate Update YTD…3 Quarters

Frisco residential real estate is still a great value even though 2008 and 2009 transactions have slowed down.  When I look at Nevada, Michigan, Florida and other states’ sunken house prices, I feel very grateful that I live in this area where real estate values have not experienced  any significant downturn.  Here is the most up-to-date data [...]

New Mortgage Rules…Not Helping the Economy

Image via Wikipedia

“Over the past year, getting a mortgage as a buyer or when refinancing has become more arduous and more expensive,” said Dale Rogyn Siegel, author of The New Rules for Mortgages.  New regulations on brokers, appraisers and mortgage lenders have changed the rules.  All are a fallout from the credit crisis.
Gregory Karp, The( [...]

Plano Homes In the Grand Scheme of Things

 
“Real estate is local.”  That’s a well-used statement to describe the nature of the land, the peculiarities of each region, and the fact that you aren’t going to move it. Relating to markets, real estate investors and agents use the phrase to illustrate that every market is different, and to make sure that we look [...]

$8000 Tax Credit May be Extended & Expanded

Image via Wikipedia

The new home buyer $8000 tax credit program expires on December 1 but the senate is now considering some serious modifications as well as  extending it until June 30 2010.  This program has been very successful for first time homebuyers as it basically is a gift( from you and me and all tax [...]

Living In Prosper, TX

 
Prosper Texas is the fastest growing community in the state. Now that the Dallas North Toll Road has been extended all the way to #380 in Prosper, the commute times to Frisco have been reduced to 10 minutes and only 15 minutes to Plano. The Dallas commute has been reduced by at least 15 minutes [...]

Frisco Homes as Rental Property Investments

 
In the rapid appreciation years up through the middle of 2006, it was difficult at best to locate a Frisco home that could be purchased at a price that would create positive cash flow in a rental situation. This was also a period when mortgage interest rates varied between about 6% at the very low [...]

Playing Roulette With Mortgage Rates in Frisco

Image via Wikipedia

 
 Are you feeling lucky? If so, the latest news about 30 year fixed rate mortgages approaching 5% again may not get you to move on that Frisco home purchase. You may be “bucking the house,” trying to “call the bottom,” and get that home mortgage locked in at an even lower rate.
 
It’s just [...]

Pricing Your McKinney Home for Sale

 
Despite what you may see in the mainstream media, people are getting mortgages to purchase McKinney homes, and sales are closing. In working with buyers in my career, I’ve received an education in human behavior, especially in the decisions involved in a high dollar purchase, like a home. Couple that experience with continuous monitoring of [...]