Friday, July 18, 2008
Fairview a fertile site for homebuilders
Fairview's motto is "Keeping it country."
But one look at a map shows why that's hard to do.
Wedged between Allen and McKinney on the east side of U.S. Highway 75, the Collin County town of 5,700 is next in line for a development boom.
Builders are already putting up new subdivisions lined with custom homes.
And starting next year work will begin on a 200-acre shopping center that's as big as some malls.
While the big city is knocking at Fairview's front door, city leaders say they want to keep the rural flavor for much of the town.
"We are trying to take advantage of the growth and protect ourselves at the same time," said Fairview City Manager John Godwin. "It looks like we are going to be able to do that."
Full Story
Collin's newcomers stretch dollars, legs
For many, a bigger home is better, and it's cheaper here than in many places
LOS GATOS, Calif. – Nestled on a wooded hillside in this tidy Silicon Valley community is a subdivision of newer tract homes with media rooms, breakfast nooks, granite countertops and other modern touches.
Like models on a Monopoly board, big new homes line the streets in the Twin Creeks subdivision in Allen. The homes are not unlike those you'd see in a similar high-income neighborhood in Allen, McKinney or Frisco – until you compare the price tags.
A $300,000 home in or near Collin County would cost about $1 million in Los Gatos.
When families move to North Texas from places like Silicon Valley, they are awestruck by the monster houses they can afford. They don't tend to hold back, said Jan Richey, a Realtor with Keller Williams in Frisco.
"Instead of buying the $300,000 house – which they should – they have so much more money from the equity in their previous house that they extend themselves as far as they can go," she said. "We have to protect them from themselves."
Full Story
Friday, April 11, 2008
DFW won't see big home price declines
While North Texas' housing market decline has accelerated in recent months, analysts are still betting that the Dallas-Fort Worth area won't see measurable price declines. Indeed, the latest report from mortgage insurance firm PMI Group says that D-FW is one of the last places in the country likely to see a drop in home prices during the next couple of years. There's less than a 1 percent chance that home prices will fall here, according to PMI's spring risk index report, which was released Thursday. At the same time, PMI says that 13 of the nation's top housing markets have more than a 60 percent likelihood of home price declines. Full Story
Tuesday, March 18, 2008
Gateway Apartments Provide Solace for 130 Former Homeless
Full Story
For new homebuilders in Collin County, go to McKinney Real Estate Services.
Monday, March 17, 2008
Collin County County Opens Transitional Housing
Full Story
Checkout these Fairview Homes and Farmersville Homes with our list of Collin County homes for sale.
Thursday, March 13, 2008
Earthen Dam Repair Urged Across North Texas
The almost $578,000 project has stabilized the dam and assuaged the Wilsons, who long have called it a safety threat and an eyesore – and who joined neighbors in suing Collin County to restore or remove the structure.
But the one-time fix leaves unsettled the multimillion-dollar question of who will pay for future repairs and improvements to the dam near Celina and to hundreds of others aging across Texas.
The federal government has built almost 2,000 of the dams in Texas (about 11,000 nationwide) in the past 50-plus years to help control flooding and reduce soil erosion. Dallas and its six surrounding counties have 316 of them, including 99 in Collin County and 85 in Ellis County.
Monday, March 10, 2008
New Runway for the Regional Collin County Airport may be Longer
Full Story
For up-to-date information about Collin County communities and homes for sale, visit Collin County Real Estate.
Wednesday, February 27, 2008
Collin County News Sources
- Anna-Melissa Tribune
- Allen American, The - Allen - Dallas-Fort Worth community newspaper.
- Inside Collin County Business - Plano - Online journal.
- McKinney Courier-Gazette - McKinney - Daily newspaper serving Collin County since 1897.
- McKinney Messenger - McKinney
- Plano Star Courier - Plano - Local news for Plano, TX.
- Carrollton Leader - Star Community Newspaper
- Celina Record - Star Community Newspaper
- The Farmsville Times - Serving Farmsville and East Collin County since 1885
- Frisco Enterprise - Star Community News Paper
- Collin County Commercial Record
- The Princeton Herald - The official newspaper of Princeton
- KDAF - CW 33
- KDFW - FOX 4
- KTVT - CBS 11
- KUVN - UNI 23
- KXAS - NBC 5
- KXTX - TM 39
Tuesday, November 06, 2007
Former Allen Firefighter Accused of Attempted Prison Escape
(Dallas News, Nov. 6, 2007) Full Story
Tuesday, October 16, 2007
Collin County Real Estate - Desoto Homes
DESOTO, TX 75115
Stunning! This home will take your breath away! From a grand entry to the tranquil back yard, you will fall in love with this gorgeous home. Immaculately maintained, beautiful & numerous upgrades! Superb floorplanning, ext millwork, see through fp's, granite counters, custom cabinets, hard wood floors, tavertine, iron balusters, berber carpets, custom paint, faux finishes, the list goes on! Don't miss this one! 5th bedroom currently used as study-office.
5 Bedrooms
Thursday, May 17, 2007
The Joys of Allen, Texas
As part of the Collin County community, Allen offers a myriad facilities and attractions for your family. Allen has an established school district for your kids and is home to a thriving campus of the Collin County Community college. One of the most appealing features of the city, though, is its extensive sports activities and facilities for both youth and adults. You can join groups and clubs and become part of Allen's welcoming neighborhood.
Sunday, February 11, 2007
Thursday, January 25, 2007
Brookhollow home development to contain 2,500 lots
(Prosper) - Developers have tied up enough land in the town of Prosper for a 1,300-acre residential project. Landplan Development Corp. of Frisco unveiled that the development on U.S. Highway 380 east of Preston Road, called Brookhollow, will have lots for 2,500 homes. Developers purchased 760 acres for the project on the north side of U.S. 380 and have more than 500 under contract. The development is near the Stonebridge Ranch community in McKinney. Construction is scheduled to begin on the Brookhollow project in 2007.
Dallas developer lands eastern Frisco land
(Frisco) - Hanover Property Co. is continuing its aggressive North Texas expansion, snapping up 325 prime acres in for an 825-home residential development. The deal involved the assemblage of three adjacent tracts that are north of Panther Creek Parkway and south of Rock Hill Road in Frisco. Hanover targets middle-market, second-time homebuyers, generally looking to pay $200,000 and up for a new home. Hanover will be talking to homebuilders over the next two to four weeks to gauge their interest in the new Frisco development, dubbed Miramonte. Until it picks builders, it's hard to put a price tag on the neighborhood. It's the second big project the company is tackling this year. Three months ago, Hanover acquired 920 acres off F.M. 548 in Forney for a 2,700-home residential community called Devonshire. Seven homebuilders are already on board. Lot development of the first 600-home phase will begin in November, with lots ready in late 2007 and homes ready for occupancy in 2008. "That area of east Frisco, pushing into McKinney, is showing excellent results, producing 1,400 home starts a year," Ted Wilson with Residential Strategies Inc. said. "It also has an extremely tight lot supply, at 18 months, when equilibrium is 24 months. The prices are slightly less than what you see in west Frisco, but still high."
Wednesday, January 24, 2007
Collin County land prices holding their own
"As prices have inflated, the real estate market ballooned up and now air is coming out of the bubble. Collin County did not blow up," said Betty Magee of Magee & Associates, Realtors. The median price of an existing, single-family home in California for November of 2006 was $555,290, a 1.4 percent increase over the revised $547,870 median for 2005 as reported by the California Association of Realtors. In New York the numbers are less severe. The November 2006 statewide median sales price of $250,000 represented a 5.7 percent decline from the November 2005 median of $265,000. The November 2006 median did increase by 3.5 percent compared to the October 2006 median of $234,000. As for Collin County, the median price for November 2006 was $193,700, $361,590 less than California. According to the Real Estate Center, single-family homes sales for December of 2006 in Collin County were at 6,333, a 5 percent decrease from the following year. The 5 percent decrease can be seen as a positive compared to November homes sales that were down 7 percent from the previous year. While home sales are down, the December average price per home was up 2 percent from the previous year, indicating that there is a slight appreciation. The Dallas Morning News reported a 5 percent decrease in housing sales last week.
[Inside Collin County Business]