PROSPER LEADS COLLIN COUNTY WITH 31% GROWTH

 
 
According to the North Central Texas Council of Governments( COG), Prosper grew by 31% last year to a population of 9350 leading all other Collin County cities.  So, 2250  was our net  gain for 2009.  This net gain surpassed Prosper’s total population in 2000 when it was 2097!
The same  report shows Collin County gaining 19,350 [...]

Prosper TX Leads Collin County Cities Growth by 31%

                                             Prosper TX grew by 31% last year to a population of 9350 leading all other Collin County cities.    Below are the latest population numbers released by the North Central Texas Council of Governments (COG).  Overall, Collin County grew by 19,350 people last year.  This averages to 53 new residents a day moving into Collin County.  [...]

Why Isn’t The House Selling

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It is absolutely amazing the number of homes for sale that never get sold.  Some owners are mystified as to why their home doesn’t sell.  During the past month, I have been busy with 3 active buyers.  I have personally shown about 70 homes in Frisco, McKinney and mostly Plano.  Maybe 10  homes truly showed [...]

Lakes of La Cima Home Sales…Robust in 2009

Lakes of La Cima had a great year in 2009 boasting 39 homes sold making it one the most active subdivisions in Prosper.  This is one  of the most popular subdivisions around because of its diversity in  home builders and prices not to mention its amenities and location right off of highway #380.  A resident [...]

Getting Real about Real Estate

The last three years will go down  in history as the years when the residential real estate bubble popped and Americans got real about their home buying habits.  Look what is happening right before our eyes.  Some economists are forecasting more foreclosures in 2010 than 2009 as subprime loans reset dates come up.  But Prosper foreclosures appear to have already peaked.  Most [...]

Frisco Home Sales for 2009 End on High Note

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First, lets look at December results and then results for all of 2009.
December was much better than all of 2009 signaling what may be a better trend for the Frisco residential market.  As we all know, 2008 and 2009 have been buyers markets meaning that the absorbtion rate has been higher than 6 [...]

McKinney Homes… Becomes Sellers Market in 2009

Each month Collin County Association of Realtors  produces home sales, days on market, home inventory, average home prices and median home prices and as well as currrent year to date statistics.
McKinney residential activity for 2009 was pretty good.  The key to rating any market is ABSORPTION RATE.  This rate is determined by dividing the current inventory of [...]