Affordability in Perspective.... Interest Rates - Then v/s Now
Wednesday, June 5, 2013
* Provided by Keller Williams International "Vision 2013" Speech
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Is Interest Rate King....? It is if you borrow!
Wednesday, June 5, 2013
Here is what smart buyers &, importantly, home investors know - in borrowing, Interest Rate is King!
In very simple terms - the below illustrates differences in payment (principal & interest) based for $100K:
Frisco Real Estate Stats & Frisco Home Sales
Wednesday, October 17, 2012
How are homes selling in your city? Find the latest Dallas Housing Stats & Market News at www.DFWHomeTrends.com
SEP-12 Quick Facts:
- The Average price of existing single-family homes increased to $208,238 up +10% vs 2011.
- Existing single-family home sales increased +10% from 2011 for a total of 6,103 sold units.
- Condos increased in price to $186,457 up +25.0% vs 2011.
- Existing condo sales increased +7% in Sep-12 over 2011 for a total of 361 sold units.
Frisco at a Glance:
- The Average price of existing single-family homes $302,339 - increased +5% vs 2011.
- Existing single-family home sales increased +17% from 2011.
- CURRENT INVENTORY is at a 3 Month Supply - this is a 36% decrease from last year!
Specific Sales & Housing Stats with City breakdowns available here: www.DFWHomeTrends.com
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Search homes (including foreclosures) in the North TX MLS at www.CannonMLS.com or www.ChristieCannon.com. Recent changes even allow you to search by map locations!
New Builder Inventories can also be found here New Home & Builder Inventory
Keller Williams Ranks Highest in Customer Satisfaction among Both Home Buyers and Sellers
Monday, September 3, 2012
According to the J.D. Power and Associates 2012 Home Buyer/Seller Satisfaction Study just released, Keller Williams Realty Inc. ranks highest in customer satisfaction in both the home buyer and home seller segments. Keller Williams Realty, Inc. achieved the highest scores in all measured factors across both segments, receiving the highest JDPower.com Power Circle Rating among its competitors overall.The fifth annual J.D. Power and Associates study measures customer satisfaction with the largest national real estate companies within the home buyer and seller segments. Scores are determined by examining three factors of the home-buying experience: agent/salesperson; office and variety of additional services. For the home-selling segment, agent/salesperson; marketing; office and variety of additional services are examined.
Additional information can be found at JDPower.com
Have questions? Please give me a call - 469.951.9588.
Collin County Cities among Wealthiest
Friday, February 26, 2010
Collin County cities among wealthiest
By Kim Nguyen, knguyen@acnpapers.com
A new report puts Frisco, Allen, Plano and McKinney among the top 100 wealthiest cities in the country.
Using census data from 2008 Portfolio.com and Bizjournals, compared cities, incorporated towns and unincorporated urban areas with populations of more than 75,000.
A six-part formula was used to determine the relative affluence – or wealth score – of each city. The factors include per-capita income, median household income, percentage of households with annual incomes of $200,000 or more, the upper 20 percent threshold for household income, median home value and the upper-25 percent threshold for home value.
Adjustments were made for the median home value and upper-25 percent threshold for home value to dampen the impact of any housing bubbles that might have overinflated property values in upper-income communities.
Places with high income levels and large inventories of expensive homes, including the four cornerstone cities in Collin County, scored higher.
Frisco scored a wealth score of 17.379 and earned the 27th spot on the list of most affluent American cities. With a median household income of nearly $104,000, Frisco was the first Texas city ranked.
Plano was 42nd overall with a wealth score of 10.492 and a median household income of $85,003. Allen ranked 75th with a wealth score of 5.579 and a median household income of $88,199 and McKinney came in at 85th with a wealth score of 4.796 and a median household income of $82,403.
Richardson and Carrollton were the only other North Texas cities on the list with positive wealth scores at 110th and 134th, respectively.
Plano Mayor Phil Dyer said the survey results not only highlight Plano, but the entire Collin County area as one that attracts well-educated and successful people.
“It’s amazing for one area to have so many cities rank highly on this survey,” he said. “It goes to show that the whole area is committed to providing its residents with the opportunity to live the American Dream.”
Dallas, Irving, Arlington, Lewisville, Fort Worth, Denton, Garland and Grand Prairie were all also ranked, but scored negative wealth scores.
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