Frisco Homes for Sale…October Results

The October good news on Frisco residential real estate is that the inventory now is 1179 for sale vs 1526 a year ago.  The other good news is that DOM(days on market) went down to an average of 86 days in October  vs 112 last October.  And, the fact that 262 homes were sold vs. [...]

Frisco Homes in 2009…The Big Picture

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Averages are interesting but don’t always reflect what is really going on in the real estate market.  Remember the analogy of the guy whose head was in the oven and his feet were in the freezer;  his average temperature was 98.6 degrees  but he didn’t feel very average.
I write a lot about Frisco [...]

Prosper Homes for Sale…October Abysmal

According to the Collin County Association of Realtors, October was a real bummer for Prosper.  Only 14 homes were sold!  Last October there were 20 sold.  These numbers do not include all new construction.  New  homes that are custom built for a specific buyer ( called build jobs ) do not get listed on the MLS [...]

Plano TX Homes for Sale…October Prices Tumbled

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We will take a quick look at October  stats and then compare to both 2007 and 2008 to get a better handle on what Plano home sales information really means.
Plano new listings in October were 394 almost exactly the same 399 for October of 2008.  Closed sales were up 10.9% for the month [...]

McKinney Homes for Sale…October Performance Mixed

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Of all the Collin County cities, McKinney faired the best performance in October with 203 closings a gain of 41% over 144 closings last October.  As of the end of the month,  inventory of homes was 793 vs 1123 last year…down a whopping 30%.  The other good news is that the average DOM(days on market) was [...]

Prosper’s Hottest New Subdivision…Glenbrooke Estates

                                                                             Prosper’s Hottest New Subdivision …Glenbrooke Estates
 
Most of us Prosperites live east of the Dallas North Tollroad; in fact, over 95% of our 7100 population live east of the Tollroad.  Those of us who commute to and from Dallas or Frisco or anywhere south of Prosper may come up the Tollroad but almost all of us hook [...]

Collin County Leads Foreclosure Postings

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Foreclosure postings for December for north Texas top 2008 by 30%!  December postings of 5200 will push D-FW past the 61,000 mark for 2009.  Collin county leads the four D-FW counties with a 39% increase or 690 foreclosure postings!  Dallas county is up 27% at 2284, Tarrant up 32% at 1746 and [...]

Plano Homes For Sale Recovery

Here is a hidden gem from page 6B of last Sunday’s Dallas Morning News.  This is really good solid factual news for the city of Plano.
Finance Director, Denise Tacke said in last week’s city council meeting that while Plano home prices have fallen by more than $16,000 in 2009, the average days on market have [...]

Prosper Home Building Permit History

As you can see below, the number of new residential building permits issued by the Town of Prosper peaked in 2005 with 315 and in 2006 with 322. 
Then in 2007 the permits held pretty even at 295 a decrease of 27  homes or 8%.
Last year permits shrank to 235 or an additional decrease of 20%.
Through [...]

Six New Keys to Getting Your Home Sold

We are not talking about ridding your home of clutter or getting magnets off the fridge.  But we are talking about technology and your selection of a sales agent.  Every Realtor will post your listing on the MLS and realtor.com and then put a sign in your yard, cross his fingers and wait.  Here are six new keys to listing your [...]