By Tom Branch, on November 27th, 2011
I was out staffing the on-site sales office at The Enclaves at Willow Crest this weekend. Wendy Leigh, the super on-site sales consultant, was enjoying a few well-deserved days off.
These new-construction townhomes are selling quickly. As I looked at the board, I saw that there is only one completed townhome available and half of the units in the next building are already sold.
The good news is the builder is pouring the foundation for the latest building this month.
If location is your main concern, look no further than The Enclaves at Willow Crest, conveniently located just east of the Dallas North Tollway and south of 121. The world is at your fingertips. Endless shopping opportunities, professional sports venues, fine dining, nearby golf courses and more!
With the end of year approaching this is a good time to shop for new construction homes. Builders are trying to wrap up their year and get the remaining inventory under contract.
Have questions or need more information? Contact us at 214-705-2470.
New Home Rebate
Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.
Click here for our New Home Rebates page.
By Tom Branch, on November 19th, 2011
This Plano TX townhouse located at 8169 Naomi is available for lease. The 1961 square foot Sonoma sports 3 bedrooms, 2.5 baths, a study, and a formal dining room. Located in North Plano, it offers easy access to shopping, dining, entertainment, and recreational facilities. Click any of the photos for larger views.
Check out the gourmet kitchen complete with granite counters, gas cook top, large pantry, and stainless steel appliances. Imagine yourself enjoying a morning meal at the breakfast bar or taking your coffee out in the private patio.
Check out the main living area. The wall of windows lets in lots of natural light and overlooks the private patio.
Wow! This townhome has plenty of space including a separate study with French doors.
Like to entertain? This home has three dining areas including a formal dining room.
The oversized master suite has room for a king-sized bed with plenty left over. The double doors lead to the master bath.
The master bath has dual sinks mounted under a granite counter top, a garden tub, separate shower, and a large walk-in closet.
Click to see all the details on this Plano TX Townhome For Lease.
Contact The Branch Team at 214-227-6626 to schedule showings or for more information.
Source: NTREIS | Photos: Copyright 2011 Imaged2Sell
By Tom Branch, on November 10th, 2011
Looking for townhomes in Plano? You’re in luck! Over the past few years we’ve seen a number of townhome communities pop up in Plano. Many of them are located close to work, shopping, or transportation hubs.
Townhomes offer ownership with low maintenance. In most townhome communities, the HOA takes care of the yards, exterior maintenance, and even insures the building with a blanket insurance policy.
If you have questions about townhomes or Plano TX real estate, please contact us.
Photo: Copyright 2010 – Imaged2Sell
By Tom Branch, on November 8th, 2011 This month I broke out the market data for Plano by price range. The ranges used are: under $165k, $165k-$220k, $220k-$319k, and $319k and above. Click on any chart for a larger view.
The Median Sales Price shows a modest 1 percent growth in sales prices in the upper two groups, a.3 percent increase in the $165k to $220k group, and a 1.5 percent decrease in the Under $165k group. While foreclosures are not a large part of the market, the lower two groups have a higher percentage of distressed sales which drags down housing values.
The Days On Market continues to climb. The good news is that all four groups are still under 180 days on market. The lower three groups average about 85 days on market while the highest priced group averages about 120 days on market. The National Association of REALTORS® considers a 6 month supply of housing to be a balanced market. Areas with supplies under 6 months are a seller’s market, and supplies over 6 months are a buyer’s market.
The impact of the Federal Homebuyer Tax Credits can be seen in The Percent of Original List Price Received charts. The rise in the percentage during the first two quarters of 2010 was caused when buyers were scrambling to get homes under contract and closed in order to qualify for the tax credits.
The housing market in Plano, TX remains relatively stable. The lower prices of the lowest group combined with low mortgage rates makes this a good time for first time home buyers and cash-flow investor to purchase property.
Source: NTREIS on November 7, 2011
By Tom Branch, on November 7th, 2011
Since as much as half of all energy used in a homes goes to heating and cooling, CB JENI Homes and York Heating and Air Conditioning provide HVAC systems to reduce energy usage and utility bills for homeowners.
CB JENI Homes Energy Savings Flyer
Source: CB JENI Homes
The Branch Team with RE/MAX Dallas Suburbs is the exclusive listing broker for CB JENI Homes
By Tom Branch, on November 1st, 2011 As usual my neighbors in Ridgeview Ranch go all-out for Halloween. It’s like living the Griswald Family Christmas at Halloween. That said, they do a great job and the neighborhood children love to come on our little cul-de-sac.
I recently purchased a 35mm low-light prime lens for my Nikon and thought a little night shooting would be a good test. All three photos were shot handheld without flash at F1.8. Click on the images for higher resolution versions.
If you like Halloween, you should see what they do for Christmas!
Photos: Copyright 2011 Tom Branch
By Tom Branch, on October 30th, 2011 75025 in Plano Texas continues to see a steady rise in days on market and the months supply of available homes.
Days on Market:
Months Supply of Housing:
The National Association of REALTORS® considers a 6 month supply of housing to be a balanced market. Areas with supplies under 6 months are a seller’s market, and supplies over 6 months are a buyer’s market. So while both have continued to rise, the market remains relatively balanced.
The good news is that the sales price per square foot has risen considerably since January 2010 and is only slightly below January 2007.
Sales Price per Square Foot:
As we enter into the winter months (typically a slower sales period), I expect we will see these trends continue until early 2012. While mortgage interest rates remain at all-time lows and Plano has a stable economy, it appears that both conventional and investor buyers are taking a “wait and see” approach to home buying.
Data Source: NTREIS on October 30, 2011
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