Collin County Homes : This Month in Real Estate Great tips for pricing your home to sell fast!!!!
And the good news keeps on coming….. Texas unemployment dropped to 7.3 percent in January as employers added a net 67,200 workers to payrolls and capping 21 straight months of job growth. Coupled with the news of a 27% increase of homes sales in DFW in February I am really starting to put some credence into this whole recovering economy thing.
Adding to the good news is that the Texas labor force grew by 15,000 from December to January, a sign that more unemployed workers are re-entering the job market.
Locally the DFW area saw the unemployment rate drop to a rate of 7.4% compared to a rate of 8.3% this time a year ago. This means consumer confidence is starting to return now that we are back in a growing economy. Companies have begun to get out from their shell and are hiring more folks to the workforce daily.
Collin County Homes : Texas-sized Mansion to hit the auction blocks
One of the most valuable homes in all of North Texas is set to hit the auction blocks late this month. The “Champs D’oR” looks like it could be found in the French countryside as opposed to sitting off Tubberville Road in Hickory Creek, close to Denton. This 48,000 behemoth of a house has been on the market since its completion in 2002, priced ranging from $72 million to $35 million depending on the land included with the sale. The owners of the home are Alan and Shirley Goldfield. He made his money and the cell phone business and she apparently spend it on such luxurious items as 18k gold doorknobs for her closet and a $30k chandelier; once again ; for the closet! Even more fun trivia on the home; it has never been lived in. Ahhh the odd and extravagant lifestyles of the rich and famous……..
Collin County Homes : DFW foreclosure filings are down again in March
For the 13th month in a row that D-FW home foreclosure filings have been lower than a year earlier. Home foreclosures in the DFW metroplex are down 20% from where they were at this time last year. This comes as somewhat of surprise as many analysts have been worried about . The biggest declines in foreclosure filings came in Denton and Collin county where foreclosure filings were down 24 and 23 percent respectively. Lower foreclosure rates continue to spur on the shift in the DFW market from a buyer’s market to an even market or ven seller’s market in some areas. However buyers still remain enthused by the low interest rates available and are creating a market with benefits for both seller’s and buyers.
Collin County Homes : Mark Cuban saves St. Patty’s Day parade for city of Dallas
Three cheers for Mark Cuban; the man who saved the Annual Lower Greenville St Patty’s Day Parade. The anuual event, out on by the Greenville Avenue Area Business Assocaition, was facing a shortfall of over $40,000 putting this year’s event in serious jeapordy of not happening. And that is when Mark Cuban stepped up and saved the day!!!! GAABA President Jorge Levy reached out to Cuban via email on February 8. He wrote back exactly seven minutes later — “Can’t let it die,” he told Levy — and pledged the full amount. The money’s already in the bank.
“It’s a Dallas tradition that I have really enjoyed,” Cuban told a Dallas Observer via email today. “I didn’t want to see it go away.”
Speaking personally as a Dallasite who has attended the parade and post-parade block party for the last few years, what Cuban did was AWESOME. Dallas does not have as many “unique” events as many major cities, and the St Patrick’s Day parade is one that has always stood out. The crowds grow every year, yet the event still goes off smoothly. Thanks to Cuban’s efforts I have no doubt this year will be no different. I know you will see me walking the street with green beer and shamrock shirt on! Can’t wait!!!!
Click Below to read the Dallas Observer Article :
Collin County Homes : Frisco and McKinney are the TOP TWO fastest growing cities in the USA
They keep growing and growing and growing….. MSN Real Estate just released its list of the fastest growing cities in the USA using statistical data from the U.S. Census Bureau and the results should not shock anyone who has lived in Collin County over the last few years. The top growing cities are Frisco and McKinney. Frisco saw a growth of 203.9% in population from 2000-2009 and McKinney saw a growth of 135% over that same time period. Factors such as great home prices, high job growth, a growing economy, and award winning schools helped lead to such great over the last decade and should help these cities continue to flourish well into the future.
Rounding out the Top Ten :
3. North Las Vegas, Nev. (94.2 percent)
4. Gilbert, Ariz. (93.6)
5. Port St. Lucie, Fla. (74.5)
6. Victorville, Calif. (73.2)
7. Round Riock, Texas (71.5)
8. Elk Grove, Calif. (66.8)
9. Cape Coral, Fla. (50.5)
10. Peoria, Ariz. (50.1)
Source: Dallas Morning News
Collin County Real Estate: Mortgage Rates Market Snapshot for 2-10-2011
Interest Rate Market Snapshot as of 2/10/2012
Information provided courtesy of the AWESOMELY talented Donna Hambek of SWBC Mortgage
Fixed-Rate Loan Programs