McKinney, Allen, Frisco, Plano TX real estate
Collin County has 2 of the top ranked Best Places to Live in the Nation, by Money CNN. McKinney ranks #2 McKinney TX - in Collin County Population 136,100 McKinney is the county seat of Collin County, just north of Dallas. Established in 1849, McKinney is one of northern Texas' oldest towns. Downtown McKinney, complete with the old … [Read more...]
Love 'em or hate 'em, HOAs are here to stay. Nearly 5 million people in Texas, or 20% of all homes, are in a Homeowners Association. The percentage is much higher in Collin County, where HOAs are the norm, due to our rapid growth and Planned Unit Developments over the last two decades. For years there has been a power struggle between … [Read more...]
WARNING: This is a rant. Recently I had a bad experience with a large title company and I can't get past it. I don't understand it. And I certainly do not plan to repeat it. This was an easy deal. Cash, no survey, no title issues. But the closing was sad -- mishandled with careless disregard. My client was suspicious and unhappy. I was angry … [Read more...]
Recent data suggests that the U.S. housing market is in recovery. However, the data also shows this to be an uneven recovery. According to the monthly S&P/Case-Shiller Index, for example, home values rose in three of 20 tracked markets between December 2011 and January 2012. 17 tracked markets showed home prices still in decline. It's … [Read more...]
The housing market remains near post-recessions highs even though it took a step back in February. February's Pending Home Sales Index slipped 0.5 percent from the month prior, to 96.5 according to the National Association of REALTORS®. The Pending Home Sales Index is a monthly report which measures the number of homes under contract to sell, … [Read more...]
The market for home resales is strong. Last month's sales data represents a 9 percent improvement from the year prior. Despite sparse home inventory, 4.59 million existing homes were sold in February on a seasonally-adjusted, annualized basis, according to the National Association of REALTORS®. An "existing home" is a home that cannot be … [Read more...]
Normally we think of adjustable rate mortgages (ARM) as good options when interest rates are high -- which is certainly not the case today with interest rates bouncing around at historic lows. For buyers and refinancing households , adjustable-rate mortgages are a relative bargain as compared to fixed-ones. According to Freddie Mac's weekly … [Read more...]
Nationwide, average home values slipped in October. The government confirms what the private-sector Case-Shiller Index reported yesterday. The Federal Home Finance Agency's Home Price Index shows home values down 0.2% on a monthly, seasonally-adjusted basis. October marks just the second time since April that home values fell … [Read more...]
Emerson move sparks hope for Gateway site The addition of this new corporate office and research complex is expected to help the City of McKinney jump-starting the stalled development at US 75 Central and Highway 121. The announcement by Emerson officials last fall for a new 3-story, 132,000-square-foot headquarters and research and … [Read more...]
Time is running out to boost to your 2011 federal tax refund. All you have to do is make your January 2012 mortgage payment while it's still December. It's a simple tax strategy that works because of how mortgage interest is paid, and of how the U.S. tax code is written. Different from rent which is paid for the month ahead (i.e. "you're … [Read more...]
Another strong showings from the housing sector: home resales hit a 10-month high in November. Existing Home Sales nationally rose 4 percent in November over October 2011.* North Texas followed the national trend:** Sales up 4.5% November vs October Inventory down 24.1% November vs October There is a 5.9 month inventory … [Read more...]
If a new home is in your future, this may be your window of opportunity for the best deals, with the best mortgage rates. New construction housing market continues to show strength. The market shows little signs of slowing down. Building Permits are on the rise. North Texas is a prime area for new home buyers, with a healthy mixture of inventory … [Read more...]
Information is deemed reliable but not guaranteed.
