North Texas Homes Market Update

Here Yee — Here Yee – All of you wanting to purchase a Frisco Texas Home or McKinney House, now be the time to come of the fence. Mortgage rates are now at thirty year lows and Do not listen to the media there is money to loan. North Texas also just posted overall job growth for the fourth quarter of 2008. So, what does that mean for all you fence sitters! Pricing is probably at its most favorable position. It’s defiantly a Buyers market but our inventory in Plano and Frisco homes is on the decline. Most of the Builders did not have very many inventory homes completed as we ended 2008. We had a real flood of Buyers towards the end of the year that moved allot of the new and existing construction in several North Texas areas including Frisco, Allen and McKinney, even Prosper Homes reported lots of activity in existing Homes sales. So, it’s has been settled, North Texas Homes are some of the nations most affordable, the median price for a Plano Home or Frisco Home is around $200,000. This means a Buyer who earns around $60,000 a year can afford a really fantastic home. You can also have great confidence in your investment when purchasing an Allen, Frisco or McKinney Texas homes because our market has not decline like other markets in the U.S. Please note Frisco homes prices did not inflate like other markets and in most of our areas like Plano and McKinney, TX our values continue to remain consistent. Now, here we are in the first quarter of 2009, spring is just around the corner and the North Texas Home market is likely to really take off as inventory levels have begun to decline, Home Builders inventory has already begun to decline as discussed above. Our government programs will begin to make it into Main street and lenders will begin to lend monies to qualified Buyers who want build to suit homes. So it really is a great time to buy, if you are interested in purchasing a home in any of our fantastic areas, weather it be a Frisco home, Plano Home, Allen Condo or McKinney house. Let us be your source, our only goal is too leverage our systems and experience to make your home search as valuable as possible. Staff at DreamHomesDallas.com

Tags: Frisco Texas, Homes for Sale, McKinney Real Estate, North Texas Real Estate, Plano Texas

This entry was posted on Wednesday, January 14th, 2009 at 12:31 pmand is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.