August 2010

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Here is important news about Housing and Urban Development from our Lender Jeff Lancaster at Prime Lending.

This is cutting edge news and a more formal announcement will be made, however, I wanted you to know about this ASAP.  This is a very important news for investors interested in Dallas Homes and Plano Foreclosure Properties.

HUD has announced their intention to

  • Lower the Up Front MIP from 2.25% to 1% AND
  • Increase the Annual (monthly) MIP From .50 – .55% to .85 – .90% depending on LTV

on loan terms greater than 15 years. Read the rest of this entry »

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Changing your home to the ‘Green Home’ is not as hard as you might think. Making changes with your eco friendly choices will make better world for your future and your kid’s future. It is the awareness of living green, learning and teaching your friends, extended family, neighbors and coworkers how they can contribute to our planet’s future with small changes. These simple tips will save you a lot in your Dallas Homes  or your Frisco Real Estate on utility costs by helping and saving our planet.


Plants are the easiest way that you can corporate living green because they give lots of oxygen to environment. You can go to your local nursery store or home improvements store and buy plants. As well as doing something green, you will get plants that compliment your own decoration with their unique colors and shapes.

Shopping Wisely

While shopping look the recyclable contents such as Bamboo and bamboo flooring very chick and hip nowadays. Always look for energy star symbol while buying your next energy efficient appliances for your home. Read the rest of this entry »

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DALLAS (Hammond Jones Development) – Two North Texas universities will receive new student housing by fall 2011, courtesy of Hammond Jones Development LLC.

The first project will serve students attending the University of North Texas in Denton and will consist of 76 units and 272 beds.

The second development will serve students of the University of Texas at Arlington and consists of 72 units and 232 beds with additional mixed-use retail areas.

Both projects will be fully furnished and contain a mixture of two-, three- and four-bedroom units. Read the rest of this entry »

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Collin County Association of Realtors just prepared the June Data for every city in Dallas Area. Since The City of Frisco in Collin and Denton County these statistics shows both counties together. If you need more information about your own Subdivision call or email me, I will prepare specific reports just for you.

Frisco Real Estate Market Update

Frisco Real Estate Market Update

Listings Under contract in Frisco is 225 homes and it is reduced 32.4 percent from last year. Average Home Sales Price in Frisco is $304,790 however Median Homes Sales Price in Frisco shows $257,000 and increased 7.5 percent from last year in June which is good news for home sellers. Average Days on the Market until Sales for Frisco homes in June is 83 days and 12.1 percent less than 2009.   Read the rest of this entry »

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There are a lot of numerous about Real Estate in all over the country. It is essential to hear from the good resources about Dallas Real Estate. According to Texas Real Estate Center Just over 21,717 existing single-family homes were sold in Texas last month, roughly the same as a year ago, according to MLS data compiled by the Real Estate Center at Texas A&M University.

The median price was down 1 percent to $153,300 during the same period, and the state finished the month with a 7.8-month inventory of existing homes.

Seems like existing Home Sales Unchanged in Texas Areas from last year however Dallas, Fort Worth and Collin County had very little changes.

Dallas Real Estate Market Update

Dallas Real Estate Market Update

When you look at Dallas homes 4,554 existing properties sold last month and Dallas sales have reduced 3 percent from last year. Dallas Homes Median Price was down 2 percent to $170,100 during the same period and Dallas finished the month a 6.8- month inventory of existing homes. Read the rest of this entry »

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