By ED HOUSEWRIGHT / The Dallas Morning News
High-flying Collin County has been grounded.
Property values here, which have surged throughout the decade, are now flattening or declining, according to appraisal records.
Countywide, taxable values have dropped slightly less than 1 percent, but some cities and school districts have seen larger dips. As a result, they may have to cut spending, reduce services or raise taxes. A county that once seemed immune from downturns has been jolted by the dismal national economy.
Even Frisco, which routinely posted double-digit appraisal increases, has joined its neighbors in the malaise. Its tax base in Collin County dropped from 2008, according to preliminary figures from the Collin Central Appraisal District.
Full Story
Showing posts with label collin county real estate. Show all posts
Showing posts with label collin county real estate. Show all posts
Thursday, May 21, 2009
Collin County Foreclosures show decline
May 20, 2009 -
By Aleshia Howe
Just in time for the start of the home buying season, new reports show residential foreclosure numbers in Collin County and surrounding areas are on the decline – but so are home sales prices.
The first quarter of 2009 showed an 11.9 decrease in the number of new foreclosures compared to the same time last year, according to the Collin County Association of Realtors. The CCAR Pulse, which studies the 36 real estate markets of 36 local communities, also showed more than 25 percent of area homes sold in the first quarter were foreclosure listings – up 19 percent from the same time last year.
In a separate report, Addison-based Foreclosure Listing Service Inc., a company that tracks foreclosure postings and auctions in 19 Texas counties, tallied a 13 percent drop in Collin County foreclosures from May 2008 to May 2009.
Full story
By Aleshia Howe
Just in time for the start of the home buying season, new reports show residential foreclosure numbers in Collin County and surrounding areas are on the decline – but so are home sales prices.
The first quarter of 2009 showed an 11.9 decrease in the number of new foreclosures compared to the same time last year, according to the Collin County Association of Realtors. The CCAR Pulse, which studies the 36 real estate markets of 36 local communities, also showed more than 25 percent of area homes sold in the first quarter were foreclosure listings – up 19 percent from the same time last year.
In a separate report, Addison-based Foreclosure Listing Service Inc., a company that tracks foreclosure postings and auctions in 19 Texas counties, tallied a 13 percent drop in Collin County foreclosures from May 2008 to May 2009.
Full story
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
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
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
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.
Full Story
For up-to-date information about Collin County communities and homes for sale, visit Collin County Real Estate.
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.
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
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