As a Realtor in the North Dallas area, I can tell you that we have not seen a market like this since 2006. It is crazy out there! Homes sell fast, prices are climbing, new construction is booming, interest rates are low and it is a great time to buy…. if you can find a house. The last part is the hardest part. Trying to find a home for buyers in this crazy market is tough. Trying to prepare a buyer that they may need to act at lightening speed and pay over the asking price is a tough road to climb, since the past five years sellers had a hard time even finding a buyer.
What happened? A shortage of supply. As in every industry if supply is short, it become a HOT commodity. The new home builders can not build fast enough for the amount of people flowing in to the area. On top of that, the cost to build a house has risen dramatically. The land is more expensive as well as the labor and lumber. With this, there is pressure put on the pre-owned market.
The most important thing you can do when you are getting ready to buy or sell in this market is find an experienced Realtor. They are a wealth of knowledge and will know all of the ins and outs of the current market.
If you need help, give our team a call. Mark and Mandy Detrick, Keller Williams, North Dallas Real Estate Team, 214.387.4959.
March 2013 DFW Housing Market Statistics compliments of Crystal Binegar of Hexter-Fair First American
Check out Keller Williams “This Month In Real Estate” for March 2013. It is always full of fantastic information.
March 19, 2013
Tagged business, design, Frisco TX, Homes for Sale, Homes for Sale Dallas Texas, Homes for sale Frisco TX, Keller Williams, North Dallas Real Estate, Real Estate, Real Estate Frisco TX, Realtor Frisco TX
Housing prices rise for the 10th month in a row. This is becoming a trend not only in Texas, but across the nation. Housing is on the rise and the economy is recovering!
Read the article in this link:
Posted in Uncategorized
Tagged Allen Homes, Allen Real Estate, Allen Texas, Allen Texas Homes, Dallas Real Estate, Dallas Realtor, Drees, Frisco, Frisco Real Estate, Frisco Realtor, Frisco Texas, Frisco Texas Builders, Frisco Texas Homes, Highland Homes, Little Elm Homes, Little Elm Texas, Little Elm Texas Homes, McKinney Homes, McKinney Real Estate, McKinney Realtor, McKinney Texas, McKinney Texas Homes, New Communities Frisco, New Homes Frisco, North Dallas Real Estate, North Texas Real Estate, Phillips Creek Ranch, Plano Homes, Prosper Homes, Prosper Texas, Prosper Texas Homes, Real Estate Frisco Texas, Realtor Frisco Texas, Richwoods, Shaddock Homes, Standard Pacific, The Colony Homes, The Colony Texas, the Colony Texas Homes
I have a little more updated information from the Town of Little Elm about their wake board park. This information came from their news letter that is sent to their residents.
The park that will open will be operated by the same operators as the wake park in Allen. It has been a tremendous success in Allen. Read below for more info:
“Wake board park on tap
Little Elm residents and visitors will soon enjoy the thrill of wake boarding without having to put a boat in the water. How? By visiting the Hydrous Wake Board Park which will soon break ground on a cabling system on three small lakes in the newly realigned Beard Park.
The Little Elm Economic Development Corporation and Hydrous have reached a long-term agreement on the construction and operation of the amusement park. The Little Elm park will be only the second in the country with the same three-lake system. There will also be a wake board pro shop, a themed restaurant and other outdoor water-based amenities. The company plans to break ground in a few weeks, with an opening date set for early May.”
To read more click on the link:
Posted in Uncategorized
Tagged Allen Homes, Allen Texas, Dallas Real Estate, Dallas Realtor, Frisco, Frisco Realtor, Frisco Texas, Little Elm Homes, Little Elm Texas, Little Elm Texas Homes, McKinney Texas, North Dallas Real Estate, North Texas Real Estate
Wow! On January 15, 2013 Plano was ranked as the Best-Run City in America by 24/7 Wall Street. Plano is located north of Dallas. The city has a population of 271,380. The unemployment rate is low at 6.9%. The crime rate is a 1.62 per 1,000 people.
In recent months three north Texas cities have been newsworthy. Frisco is the fastest growing city in America according to the latest census and was named #6 on Forbes list of America’s Friendliest Towns on December 19, 2012. In August 2012, Money Magazine ranked McKinney as No. 2 on their Best Places to Live List. Now Plano has been ranked as the Best-Run City in America. What is next for these North Texas Cities?
The Best and Worst Run Cities in America – 24/7 Wall St. http://247wallst.com/2013/01/15/the-best-and-worst-run-cities-in-america/#ixzz2IM48Zk78
Posted in Uncategorized
Tagged Dallas Real Estate, Dallas Realtor, Frisco, Frisco Homes, Frisco Real Estate, Frisco Realtor, Frisco Texas, Frisco Texas Builders, Frisco Texas Homes, McKinney Homes, McKinney Real Estate, McKinney Realtor, McKinney Texas, McKinney Texas Homes, New Communities Frisco, New Homes Frisco, North Dallas Real Estate, North Texas Real Estate, Real Estate Frisco Texas
I was just looking at the Town of Little Elm’s website. I follow their development updates. I found the new Master Plan for Little Elm Park on Lake Lewisville. Check it out. They will have a learn to ski and wake board camp. In previous versions of their plan it was supposed to be lakeside shopping and restaurants.