Friday, July 18, 2008

Fairview a fertile site for homebuilders

The Dallas Morning News - July 3, 2006

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

The Dallas Morning News - August 13, 2005

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

Report: Dallas-Fort Worth won't see big home price declines 11:08 PM CDT on Thursday, April 10, 2008 By STEVE BROWN / The Dallas Morning News stevebrown@dallasnews.com

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

The new, two-story apartments at 723 N. McDonald St. will be different than any other apartment complex in McKinney, and possibly the country as they will serve as a private residence for people who were previously 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

Aaron Whitaker and his teenage daughter had only $36 and a few gallons of gas last year when they checked into a bunk-bed room at the Samaritan Inn, Collin County's only homeless shelter.

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

A publicly funded repair has erased 11 years of slumps and slides and returned the 39-foot-high earthen mound to its original state at a private lake in northwest Collin County.

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.

Full Story

Monday, March 10, 2008

New Runway for the Regional Collin County Airport may be Longer

The replacement runway to be built at Collin County Regional Airport could be longer than the proposed 7,000 feet if some members of the McKinney Airport Development Corp. board have their way.

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

Tuesday, November 06, 2007

Former Allen Firefighter Accused of Attempted Prison Escape

Raymond Wingfield, 36, was found guilty by an Anderson County jury of two counts of aggravated assault on a public servant, one count of aggravated assault, and attempted escape. Mr. Wingfield, who claimed he was forced to participate in the escape attempt by another inmate, was sentenced Friday to two 40-year and two 25-year prison terms, to be served concurrently.

(Dallas News, Nov. 6, 2007) Full Story

Tuesday, October 16, 2007

Collin County Real Estate - Desoto Homes

1723 WINDMILL HILL LN
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

3 Full 1 Partial Bathrooms

3,950 Est. Sq. Ft.


Listing # 10852422


$799,900


For More Information about this Listing.
Visit our site: McKinney Homes & Collin County Real Estate

Thursday, May 17, 2007

The Joys of Allen, Texas

Allen Texas is located in Collin County north of Plano off I-75. Allen was one of the first far-north cities heavily developed off 121 in the early 1990s. Today it is an established bustling city that continues to grow, thanks to its location, which allows for easy commutes to Plano, Richardson, Dallas or anywhere off I-75 in DFW.

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.

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]