That’s right… You read it right. It’s interesting what builders will put out there. I must say this is a very unique method of moving houses. I’m sure it’s been done before but i’ve never seen it. A large home builder in Frisco, TX, which is a suburb north of Dallas, is offering to any investor that purchases 3 houses at the full appraised value will get the 4th one free. All houses are in the $400k to Low $500k purchase range. If you can afford to take down $1.5 Million worth of debt, You get around $500k in equity. There aren’t too many investors that can afford to do this…If you look at the numbers your basically buying the houses at 75% of appraised values Has anybody come across this? I'm curious...I know this is good for the builder because they get to show home sales at the "Appr... 11/06/2007

Setting Showing Limitations on your Frisco TX Home: Setting Yourself Up For Failure    Written by Loreena Yeo Copyright 2007 As a kind word of advice for Frisco TX Homes Sellers in this Buyer's real estate market: For buyers to view your Frisco TX home (with your hopes of a pending sale) can really be tainted if you set too many parameters for viewing your home. With the amount of properties on the market at the moment, should you have hindered your showing activities can impede the sale of your home. Some of the common constraints: Appointment required only: Some agents and their clients might be viewing your neighbor's property. Then, they noticed your property was for sale too. (You had great curb appeal and they had to come in to take a look). But when the buyer's agent make the cal... 11/05/2007

Several years ago when the real estate investment hype was going strong, Collin County (Texas) realtors cashed in on selling real estate as investment properties. Some went to California, bought large billboard signs and phone calls/ "investors" came in by the hundreds, if not thousands. They conducted seminars about the real estate investment opportunities in this area. Many of them cashed in on their Californian home equities to purchase these properties. Business was hustling and bustling. Life was good. Fast forward 2-3 years later, these properties continue to sit on the market VACANT. Ouch (not a pretty word for the investors). Why???? You see, these California investors purchased properties by the dozens. Many of them bought existing homes and many more bought new properties. Whe... 11/04/2007

As of May 31 - October 31 2007, Low $ 164,500Median $ 208,000High $ 311,200   Avg. Sq. Ft. 2,935 Avg. Days on Market 80days At the time of this report (November 1st 2007), 39 listings on the market with at an average 105 days on the market.Low starts at $ 166,500Median at $ 240,000High at $ 450,000  16 pending contracts for the month of October ranging from 1,872 square feet to 4,300 square feet ($200K to  $320K) at an average days on market = 117. If you are looking for a great neighborhood such as Panther Creek Estates in Frisco Texas, please contact me for more information. If you are thinking about selling your home, feel free to call me. I will be delighted to share with you what I know and my listing strategies at no pressure or obligation to you. Prepared by Loreena Yeo at 3:16 t... 11/01/2007

List Now, Reduce Later strategy is a real pricing strategy that many home Sellers use in today's challenging Frisco TX Homes. My advice is not do it. Avoid it like a plague. I knew that was not the right price to list them at. It serves no one (Seller's and my time, not forgetting the Buyer's agents and Buyers' time to view the property). It's one thing that I didn't know the RIGHT price to list it at, it's another if I know it's overpriced. The List First, Redice Later strategy seems to get agents listings and the Sellers themselves try to get their highest possible price. But this strategy sets a false hope in the Frisco TX Home Seller's mind that somehow they *COULD* find that Buyer whom will give them that price. Over time, and with no offer, the relationship between the listing age... 10/28/2007

 THE SHOPS AT GRAYHAWK - FRISCO, TEXAS Name:The Shops at GrayhawkLocation:Northeast corner of FM 423 & Eldorado Parkway, Frisco, TexasSize: 260,000 square feet on 31.22 acresWho is involved with project:Developer: Archon Group, a subsidiary of Goldman SachsArchitect: Richmond Group What makes this retail special or unique? The Shops at Grayhawk is anchored by Wal-Mart Supercenter at the crossroads of two major traffic arterials, FM 423 and Eldorado Parkway.Why will it be a success?The draw of Wal-Mart will contribute to the customer traffic for 38,000 square feet of adjacent retail shops plus four pad users.What type of shopper does it target? Residents in a 3- to 5-mile trade area.What has been the response of customers so far? Of the community? Very positive.Why was your company the r... 10/26/2007

Frisco Texas is alive and growing. The homes in the area are reasonably priced for what you get compared to other areas of DFW. The Tollway just opened all the way to Highway 380, making way for new growth and expansion. Frisco has many entertainment options such as the Dallas Stars Dr. Pepper Center for hockey, the Frisco Convention Center for business functions. The new soccer stadium is a very popular venue with new restaurants and retail outlets popping up just as soon as they can be built. You can find a variety of Frisco Homes from new homes by custom home builders to track homes and existing homes. Ninety percent of Frisco Neighborhoods are new home communities built in the past five years by the following builders:Drees Homes - Frisco Homes starting in the $350sGrand Homes - Fri... 10/26/2007

Grayhawk    Your Name:Grayhawk Resident  Semester/Year:October-07MonthMedian Sales Price# of Homes SoldAverage Sales Price/SqFt.% Sales Price/List PriceAverage # of Days on Market# of New Listings# of Homes Currently on MarketOctober$236,4005$8698%471164.00September$195,5009$7997%7911n/aAugust$226,50014$7097%9411n/aJuly$240,0009$7897%589n/aJune$225,0506$8297%2411n/aMay$243,5005$8599%233n/aApril$259,0008$7395%580n/aMarch$212,20012$8398%792n/aFebruary$220,7506$8398%773n/aJanuary$220,0005$7597%722n/aYear-to-Date$226,50079$7997%616364.00The Housing Market is Very Localized...Some Neighborhoods are DOWN and Some are UP!  The Strongest are Stable. Listening to the media can be very confusing when you are trying to decide whether to buy or sell now.  Not only are reports conflicting but they a... 10/25/2007

 I learned today that Collin County's Teen Court will open for business in Frisco this month.   This program ia a countywide, peer-based justice program for area teenagers.  The  inaugural session was on Oct. 18, 2007, at Justice of the Peace Mike Yarbrough's Precinct 4 courtroom.Teen Court is a judicial system with adult supervision that allows teenagers who are charged with Class-C misdemeanors to be prosecuted, defended, and sentenced by kids their own age. In its first year of operations, more than 300 teenagers went through the program, which boasts an 88-percent success rate for defendants. When a teenager completes Teen Court successfully, their case is dismissed, fines are waived and officials remove charges from their juvenile records. Teen Court officials estimate that the Fri... 10/25/2007

  I recently wrote about the real estate market for the subdivision of Grayhawk in Frisco Texas.  I like to provide my fellow residents with stats each month to give them a true view of our real estate market.  As we all know, but often forget, a news person broadcasting from a studio in NYC knows next to nothing about our town and our neighborhood.  Today I've added a graph to the October Grayhawk Market Report for those of you out there that are "visual thinkers."  Enjoy and if I can provided you with property specific information please let me know.Related Articles: What is being built there? Frisco TX Development Continues Can you guess the population of Frisco? It's NOT What You think Welcome to Little Elm Texas, "The Town with Lake Attitude" Celina's Small Town Charm Combined w/ M... 10/25/2007

Heritage Lakes Frisco TX Homes Summer 2007 Real Estate Market Report As of early October 2007, there are currently 31 houses available for sale in Heritage Lakes. They start at $200,000 with most houses ranging from mid $250,000 to $350,000. The mid $250,000 houses range from around 2500 square feet while the $350,000 are over 3,000 square feet. The average days on market is approximately 67 days. At this time, there are only 1 pending contract in the community with the 147 days on the market. Between March 31 2007 and September 30 2007, 29 houses sold at Heritage Lakes Frisco. The price range is within $230,000 to around $350,000. These are typically 4 or 5 bedroom houses with 3 bedrooms selling in the low-to-mid $250,000. The average figure for Heritage Lakes from April to September 2... 10/24/2007

 I learned today that the City of Frisco's 'Late Night Hours' ordinance has been suspended until Frisco voters have a chance to decide whether alcohol should be served until 2 a.m.On October 16, the Frisco City Council voted 4 to 3 against repealing the 'Late Night Hours' ordinance approved August 22, 2007.For more information, you can contact City Secretary Nan Parker at 972-292-5010 or nparker@friscotexas.gov 10/24/2007

Just outside the gates of Starwood on 10/25/2007 !!Enjoy a family night with Jeff, a local magician.  Jeff will be performing on Thursdays.  Come out with your family for a great time.  Solare is located in the Kroger Shopping Center at Lebannon and Legacy.Location: Solaré Spa and Café 4851 Legacy Dr., Ste 606 Frisco, TX 75034 http://www.solarespa.com/index.php 10/24/2007

Market Report for Grayhawk in Frisco, Texas . . . a stable & strong market in October 2007 GrayhawkIn October of 2007, the median price of a single-family Home for Sale in Grahawk was $236,400. The median price is the point where half of all houses are more expensive and half are cheaper.  Median home prices are generally a better indicator of home price trends than mean, or average, home prices.Sales volume in Grayhawk remains steady, with 5 home sales closed in the past month.  Most sales activity is occurring in the price range of $200,000 to $225,000.  Additionally, sellers are receiving an average of $86 per square foot and their homes are selling for 98% of list price. The average time for a home on the market in Grayhawk is 47 days.  Grayhawk in Frisco TX remains a strong & stabl... 10/24/2007

Frisco home for sale, Frisco home below market value $70K , Frisco Custom home, Frisco foreclosure, Frisco home loan, Frisco home must sale, Frisco home for sale, Frisco house for sale,   Frisco House appraised for $510,000 .... $70,000 Frisco home below market value Must sale $440,000 THIS HOUSE IS NOT IN MLS, CASH BACK CAN BE OFFERED AT CLOSING UP TO $70k Visit our website for over 60,000 homes for sale 500 foreclosed properties
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5 Bed 5 Living 5 Full Baths, Media, Game room WOW ! 3490 DELFORD, Frisco, TX 75034 CHECK OUT OUR WEBSITE htt://www.lynn911.com more infoSotherby builder CUSTOM TOP OF LINE EVERYTHING hand scraped hardwood floors, all counter tops granite, tile floo... 10/21/2007

 As a proud resident of Starwood, located in Frisco, Teas.   I want to announce the winners of the October, 2007 Yard of the Month.  Congratualtions to Kelly & William Flynn who live on Van Horn Lane in Stewarts Crossing. Congratulations Flynn Family on helping to make the Starwood community beautifulbb!!-Meg Stewart, Reliable Appraisal Can be seen on:http://www.starwoodhoa.com/pages/yard_of_the_month.aspx   10/20/2007

I know that this has been covered here in AR, although I am putting mine out there for your bashing or your compliments. I have had many people comment on my logo as well as my slogan - both good and bad.  I have my back window of my car covered with them.  I attach them to everything that I can - everywhere I can.  Much like every other business.The comments that I get from the average consumer in my area are: They are great.  They look great.The comments that I get from (some) agents are:  Those are demeaning too the industry.  Are Real Estate Agents above EVERY other type of business out there?  Too good for name branding and logos. Even the National Brokers understand Name Branding.  Should that be left to the Broker and not the Agent?While I would agree that when slogans are cheesy... 10/19/2007

Pick this weeks winners - no lineSunday, October 21TB @ DETTEN @ HOUNE @ MIASF @ NYGATL @ NOARI @ WASBAL @ BUFNYJ @ CINKC @ OAKSTL @ SEACHI @ PHIMIN @ DALPIT @ DENMonday, October 22IND @ JACByes: Panthers, Browns, Packers, Chargers *****Picking the bye teams to Not incurr a loss this week doesn't really count - sorry. "Duke Of Real Estate"Collin Duke, CNS, Realtor®Phone:  (469)449-9867Toll Free Fax: 1(866)591-9049http://www.dukeofrealestate.com/The Michelle Musick Jones Teamhttp://www.michellesellsdallas.com/Coldwell BankerResidential Brokerage 10/19/2007

Are your listings or your home for sale or simply being marketed?  As a buyers agent, one of the most frustrating things that I do, and my buyers go through, is the inability to view a home that the buyers truly want to see, yet the sellers attempt to "reschedule" the showing.  This occurs WAY too often.  I call in a group of 6 showings geographically staggering them - the first two between 3:00 and 4:30, the second two between 3:30 and 5:00 and the next two from 4:00 to 5:30. I will inevitably get a call back from the showing service saying that the seller of the second home on the list has rescheduled between 5:00 and 6:00.  Then they go on to say, that it was inconvenient for the sellers.  Really - I don't care.  My response to the showing service is to please leave the showing sched... 10/18/2007

NEC & NWC FM 720 & Teel Parkway, Frisco, Texas Teel Crossing I & II is a new retail development in one of the fastest growing cities in America: Frisco, Texas, at one of the best Intersections in Frisco: the northeast corner (Teel I) and the northwest corner (Teel II) of Main St (FM 720) and Teel Parkway. The project will be anchored by new Walgreens and CVS drug stores at either side of the intersection. Teel Parkway is the heart of West Frisco where the majority of the Frisco's growth has and is occurring. There are an estimated 34,000 new homes being built within 3 miles of the intersection over the next 24 to 36 months, which will equal over 94,000 people.Individual Lease Spaces AvailableSpace 1Ste./Addr.: NECAvailable SqFt: 112,000Lease Rate: call /sqftDirect/sublease: direct Lease... 10/17/2007