Plano, TX Real Estate News

By Linda Box Taylor, Your Plano, TX Realtor
(Castle Connections Realty)
The Plano Balloon Festival is coming up soon on September 21 - 23 at Oak Point Park in Plano, Texas.   Our great City even has its own Balloon!This year will be my fourth time at the Plano Balloon Festival and it is GREAT experience every time!  It is one of the best festival in the entire DFW area.  You get to see hundreds of colorful and fun balloons!  Annabelle Takes Off from the Morning Launch You can even sign up to ride in a balloon.  If you are an early bird, you can arrive at 7am for the morning launch on Saturday and Sunday or the evening launch is at 6pm both days.   This year the event also includes SKYDIVERS, TEAM PARACHUTES, concerts and FIREWORKS.  Visit http://www.planoballoonfest.org/ for more information!     I'll be volunteering this year at the Festival for my Rotary ...
Comments 15
By Karen Otto, Plano Home Staging, Dallas Home Staging, www.homes
(Home Star Staging)
Just a follow up to my group email to thank all who have already joined the group.  If you haven't already read what the idea behind the group's formation was I invite you to read the first blog I wrote when I started this group. Please invite others to join that you think may be interested in our group forum!I want this to be for YOU and specifically for  related stories and information.  When clients go looking for information in our area it would be great to have a local resource to go to from the Pros that know! You don't have to be a Plano-ite to post or comment here either!Make sure you post your blogs to the Localism feature on AR, that way it is specific to our region and can be found easily when someone is searching for Plano related information.Think of this group as a mini-ne...
Comments 6
By Jerold and Terry Smith, Plano Texas Real Estate
(Common name, Uncommon service - Smith & Smith Realty, LLC )
Monday is an office day so we look at the market to determine what is going on to help buyers and sellers in this market. There are 1801 homes for sale in Plano that have been on the market for an average of 75 days.  The median price is $260,000. For the past month or so the days on market has been trending up but the inventory and market action has remained flat, which basically means in layman terms, no strong indicators. Homes that are selling are under $325,000, 81 units sold last week. Only 8 homes sold last week over $600,000. Back in May the median price in Plano was $350,000, now it is $260,000. What this shows is that prices have adjusted and that they have remained stable through the mortgage mess. City Overview Median List Price - $260,000 Average List Price - $372,451 Askin...
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By Karen Otto, Plano Home Staging, Dallas Home Staging, www.homes
(Home Star Staging)
I've recently joined another FREE on-line resource for marketing my business called MerchantCircle.  I am learning the ropes of it and have successfully created my profile and have used other features available including a "coupon" service.   For a limited time only, I will be offering a Verbal Staging Consultation Coupon for anyone who visits the site and would like this service for their clients or themselves if selling their home in Collin County or surrounding areas. This can be used for Vacant or Occupied properties, not yet listed for sale or even currently listed and not getting the results you want.Please print out the coupon and give it to your clients or use it for yourself.  Coupon must be presented for discount.Realtors,This would be a great addition to your listing package....
Comments 22
By Karen Otto, Plano Home Staging, Dallas Home Staging, www.homes
(Home Star Staging)
For those of us with children in PISD we are counting down the last few days of summer vacation!!! At least we are in the Otto Household. (Otto Family trip to Bryson City, NC - July 2007) We had an incredibly long 3 full months off this summer and during that time we did lots.  From taking a much needed family vacation in the Smokey Mountains of Western North Carolina (beautiful scenery and great temps although I came back with a few souvenirs of my own - bug bites of unknown origin - I think they were in the blackberry bushes that I ate from continuously...) to working, summer school, volleyball camp, reading, writing, staying up late, sleeping in (children), bbq's on the back deck, swimming, sunning and celebrating the passage of one child to 16 and the other to 12 - looking back now ...
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By Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator
(Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com)
The NTTA, North Texas Tollway Authority, has agreed to move forward with their plan to get rid of all the cash booths by 2010.  Instead of the people without TollTags to pay cash, the booth will take a picture of the license plate and mail the owner a bill for driving through. This sounds like a great way to get traffic moving smoother, and in that aspect, it's great!  The downside to this is that when they mail the bill, there is a service fee tacked on including the amount it costs to mail the bill.  Does that make sense?  Instead of it costing $0.75 at the main booth, it'll cost close to $2.  Instead of $0.40 at the intermediate booths, it'll cost about a buck fifty.  Does that make sense??Also, did the NTTA take into account the amount of out of towners and rental car drivers?  If s...
Comments 17
By Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator
(Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com)
According to the latest information from NAR, the DFW area has had a 1.7% increase in sales prices over last year with the rest of the nation having a 1.5% DECLINE... Does the 1.7% increase give a true an honest look of what's going on in the area?  Maybe not...Since the subprime market made their changes, it knocked a lot of lower-end home buyers out of the market.  With that, the under $150k price range has been harder to sell.  However, sales of the higher priced homes are holding steady and are fairly strong. Then, you take the higher priced homes and add those to the lesser sales in the lower prices, which used to be the bread and butter, and it creates an increase in sales prices (up to $156,500), though it's not a complete and true story.                                          ...
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By Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator
(Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com)
I had a listing appointment on Saturday, and I got asked a question that I had never been asked before.  I thought it was an odd question, but the seller was very serious as he has bought his last two houses without a Realtor's help, and has never had to sell a house, so this is his first experience with using a Realtor and with selling.He asked if the commissions were based on asking price.  I looked at him, probably with a startled look on my face, and said no.  I then said, you may be on to something there.  I think commissions should be based on asking price and then I could list each house for $1M, and have the sellers also sign price reductions the same day.  Talk about motivation to sell that house and not let it expire!!On another side of it, I was thinking this was a good idea ...
Comments 53
By Linda Box Taylor, Your Plano, TX Realtor
(Castle Connections Realty)
The Medical Center of Plano received Level III Trauma Center Designation from the Texas Department of State Health Services last week.  The hospital was required to operate for a year as a trauma center and then go through a two day review process before receiving the designation. There are no other hospitals in Collin County with the trauma center designation so this means our residents will be able to get care quicker and not automatically taken to one of the hospitals in Dallas County. There are 4 levels of trauma centers in the State of Texas.  A level III designation means that the Medical Center of Plano can provide "Advanced Trauma Facilities".  The highest Level I center can provide "Comprehensive" care, Level II provides "Major" care and Level IV provides "Basic" trauma care. T...
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By Karen Otto, Plano Home Staging, Dallas Home Staging, www.homes
(Home Star Staging)
I received a follow up email from "neighborsgo" Editor, Angela Chambers and I have included it below.  I just blogged about this new "magazine like" publication  in the Dallas Morning News yesterday (click here)and forwarded the link on to Ms. Chambers.  Her response is below in the form of this invitation.  I plan on being at the Plano/Murphy party sometime between 10 - 1 PM on Saturday, August 18th.  Hope to meet some of my fellow local Active Rainers there!You're all invited! (I've highlighted the details) I want to invite you to join me and other neighborsgo employees at the West Plano and/or Plano/Murphy neighborsgolaunch parties next Saturday, Aug. 18, at two Starbucks locations.  There will be free chair massages, complimentary Starbucks beverages, face painting, raffle drawings ...
Comments 5
By Linda Box Taylor, Your Plano, TX Realtor
(Castle Connections Realty)
Here are the latest home sales statistics for Plano, TX for July 2007.  I've also included the stats for July 2006 as a comparison to our current market.  July 2007.July 2006Sold Volume:$99,662,296 Sold Volume:$119,148,632 # of Sales:365# of Sales:468Avg. Price: $273,047 Avg. Price: $254,591  Average Days on the Market - July 2007$0 - $100K               49$101K - $150K  47$151K - $200K         38$201K - $300K 46$301K - $500K  54$501K - $750K   50$751K +  78 Sales Price as Percentage of List Price$0 - $100K               95.9%$101K - $150K  98.5%$151K - $200K         98.5%$201K - $300K 97.6%$301K - $500K  96.7%$501K - $750K   97.7%$751K +  98.1% Percentage of Sales by Price Range$0 - $100K               1.9%$101K - $150K  17.3%$151K - $200K         22.5%$201K - $300K 31.5%$301K - $500K ...
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By Linda Box Taylor, Your Plano, TX Realtor
(Castle Connections Realty)
Mosquito Attack!!  Not quite, but that is what it feels like every year.  The City of Plano has recently confirmed that several mosquitos in the zip code 75075 have tested postive for West Nile Virus.  The city will be spraying in the area but you need to be careful no matter where you live.Here are some helpful tips:1.  Mosquitos are most active in the morning at dawn and in the evening at dusk.  Try to stay indoors. if possible, during these times.  2.  Since dusk & dawn are the nicest part of the day and it is hard to stay locked inside, make sure to use Insect Repellent with DEET.  3.  If you are outside, try to wear long sleeves and/or pants for extra protection.  4.  Drain standing water in your yard.  Fix any water leaks.  Don't let the water in your bird baths or wading pools be...
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By Linda Box Taylor, Your Plano, TX Realtor
(Castle Connections Realty)
The Historic Downtown Plano Association presents an exciting monthly event -- Downtown @ Sundown!  The first event will be Saturday, August 11 and each second Saturday through November from 5PM -10PM.    The new downtown Plano group created this special event for the area to help draw visitors.  Plano does have an historic downtown and this is a great way to experience it.  Downtown @ Sundown is open to the public, and promises to be an amazing evening of food, entertainment and shopping!    Activities include:      ·  Extended shopping hours for downtown merchants, ·  An Art Walk through fabulous galleries·  Live music (2 seperate bands will be playing during the evening)·  A Vendor Marketplace with an enticing array of booths for stores not located on 15th ·  Silent Auctions·  And, te...
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By Karen Otto, Plano Home Staging, Dallas Home Staging, www.homes
(Home Star Staging)
When our family first moved to Plano, TX in the fall of 2001, the weather was clear, crisp and wonderful.  Spring was just as beautiful. We were in love with our new hometown! But as that first springtime blended effortlessly into summer, I, along with every member of my family noticed a funny smelling odor coming from all of our faucets. The water tasted just as weird too!  We thought we had an internal plumbing problem!  Oh, no, our first BIG ticket expense we thought with our new house!  Why hadn't the inspector found it?  $$$$ signs were dancing in our heads.  We knew things around here couldn't be this perfect for long....Well, we soon discovered the real culprit so read on before you call the plumber!
Comments 9
 Spacious vibrant 4 bedroom home in sought after Plano neighborhood.  Updated home  has it all; laminate hardwood floors, energy efficient double pane windows, ceramic tile, newer water heater, newer ac unit and much much more!  Interior of home is light and bright and in immaculate condition.  Features: skip trowel, built-ins, new hardware, and crown molding. New A/C and heating in 2006 New energy efficient double pane windows and back door in 2005 New garage door and opener in 2006 New cultured marble shower and vanity in master bathroom in 2007 New toilet in master bathroom in 2006 New guest bathroom in 2006 (all new except bathtub) - new ceramic tile, vanity, sink faucets, light fixture and toilet New sprinkler system in 2005 Updated landscaping in front of house in 2006 New dishwas...
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 Spacious vibrant 4 bedroom home in sought after Plano neighborhood.  Updated home  has it all; laminate hardwood floors, energy efficient double pane windows, ceramic tile, newer water heater, newer ac unit and much much more!  Interior of home is light and bright and in immaculate condition.  Features: skip trowel, built-ins, new hardware, and crown molding. New A/C and heating in 2006 New energy efficient double pane windows and back door in 2005 New garage door and opener in 2006 New cultured marble shower and vanity in master bathroom in 2007 New toilet in master bathroom in 2006 New guest bathroom in 2006 (all new except bathtub) - new ceramic tile, vanity, sink faucets, light fixture and toilet New sprinkler system in 2005 Updated landscaping in front of house in 2006 New dishwas...
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By Jean-Claude Pose
(Igniteurworld)
  Is this what you Desire?.. Most of us do!.. We want this and:    Or what About this one? A Brand New Home!...     Or maybe one by the beach:   Near a Lake! or the Mountain?.. All of these are reachable Goals?.. All you need to do is DREAM!.. And take ACTION!.. Visit my website:  www.igniteurworld.com  and check out My Affiliate Sites! - There you can and will see how Working From HOME! and Using the tools you have at your disposal -CAN MAKE IT ALL HAPPEN!.. Join me!.. for a Journey You will not believe!.. More to come!.. Watch this blog!.   
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By Linda Box Taylor, Your Plano, TX Realtor
(Castle Connections Realty)
Rain, Rain go away.  I really mean it.  I live on a creek in Plano and the water was the highest I've ever seen in my 7 years in this house and my neighbor that has lived on the creek for over 20 years had never seen anything like it.  Luckily, it stopped raining after about an hour and the water has started to recede.Independence, one of the main roads in Plano, was flooded around Glencliff(my street) and shut down this evening.  With several cars stuck in the high water.  They had to call the firetruck for a rescue. I wanted to share some of my photos with you.  Water is so powerful, it is amazing.   This is my deck about 1/3 of the way down my property was that completely covered.  Never seen that before.  It didn't get washed away but we will have to inspect it for damage after the ...
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By Linda Box Taylor, Your Plano, TX Realtor
(Castle Connections Realty)
I've got the latest sales statistics for Plano in the 2nd quarter of this year.  I've compared our current sales with the 2nd quarter of 2006.                                                   2nd Quarter 2006          2nd Quarter 2007Total Sold Volume$359,300,352 $310,496,000.00 # of Sales14041135Avg. Sales Price$255,911.00 $273,564.00     As you can see, the number of sales has decreased but our average sales price has increased.  Homes in Plano are still averaging under 60 days on the market which indicates a healthy market for our area.  Also, I have provided the ratio of the sales price to final list price in the 2nd quarter of this year.  Keep in mind that some of these homes started out with a much higher list price so this stat can be somewhat deceiving.    Sale/List Price Ratio...
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By Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator
(Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com)
There have been many blogs about pictures of properties in the MLS and I am always on the side where the pictures should be posted immediately with the listing.  If you don't have the pictures taken yet, or the house is not in showing condition yet, do NOT list it in the MLS.Well, I'm in a pickle right now, and good thing my seller is very understanding and definitely understands why I'm waiting.  It took about a month to get his house in showing condition.  We painted some rooms, we changed out the blinds, we rearranged furniture, we made the pool sparkling, etc.... My listing agreement is set to start tomorrow.  I finally scheduled today as the day to go take all the pictures since it's been raining so much... Does the weather agree with me??  NOOOOO!!!  It's been raining all day!!I c...
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