North Texas Home Sales Drop Again

North Texas Real Estae Information Service(NTREIS) has compiled February home sales results indicating a 5% drop over February of 2009.  It is the third month in a row that sales were down over last year.  Frankly, I was surprised because most real estate  pros thought the extension of the first time home owners tax credit [...]

Prosper Home Sales for December Encouraging

December was a great month for Prosper TX home sales.  27 homes were sold compared to 2009’s monthly rate of only 11.  No doubt the $8000 federal income tax credit original deadline motivated buyers to slip in under the wire. We think that the Prosper in Prosper awareness campaign by the builders and developers may have impacted [...]

Frisco Home Update YTD through June 30th

Frisco home sales and attendant statistics pretty much mirror those for other Collin County cities.
For the first half of 2009, here is what happened:
New listings were down 15.5% from 3237 last year to 2734 this year.
Closed sales or transactions were down 10.6% from 1547 last year to 1383 this year.
Average sales price were down 7.3% [...]

Prosper Home Activity Through July 18

Since we are in the peak season for buying and selling homes, I thought some of you would like a mid month update.
Besides, there is some very interesting stats which  may surprise you or at minimum interest you.  The following statistics are for July 1 through July 18:

2 homes sold
171 homes for sale(listings)
39 pendings(under contract)

The [...]

Frisco, TX Real Estate & Frisco Homes – A Growth Story

Image via Wikipedia

Working in real estate in the Frisco, TX area is a lot of fun for me. Frisco homes and real estate sales are in a growth phase, even considering the economy and national real estate scene over the last two or three years. There’s nothing really greatly different about Frisco homes, [...]

Prosper Home Stats – First Quarter 2009

Image by Getty Images via Daylife

Image by Getty Images via Daylife

March may possibly be the beginning of an upturn. We will need two more months of real estate activity before we get too excited. Inventories continue to decline in March to a low of 235 homes for sale. But at at rate of 21 [...]