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
By Tom Branch, on October 23rd, 2011 
Looking for a townhome in the heart of North Plano? Take a look at The Enclaves at Willow Crest. Located just east of 121 and the Tollway, this community of upscale townhomes has easy access to major roads, shopping, restaurants, entertainment, and sporting events.
CB JENI Homes, the exclusive builder, has several buildings under construction. Floor plans range from 1,633 to 2,300-plus square feet of living space. Build pricing ranges from the $180s to the $230s and completed homes with extensive upgrades range from the low to mid-$200s.
Wendi Leigh with CB JENI Homes is a pleasure to work with and really goes that extra mile to satisfy her clients.
Read more about The Enclaves at Willow Crest.
View Townhomes For Sale in The Enclaves at Willow Crest.
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By Tom Branch, on October 22nd, 2011 
Sightings of coyotes and bobcats are quite common in Ridgeview Ranch. A sighting of a healthy coyote/bobcat does not constitute a threat to people and as long as their behavior is apparently normal, there is no reason for an Animal Services Officer to respond. Contrary to what many believe, these animals do not live only in rural environments. Many have adapted to survive in urban settings and there are coyotes in nearly every major city across the United States. In fact, there is a coyote pack that has been extensively studied for years that live in downtown Chicago.
These small predators may appear to be a threat but in reality they pose very little danger to people. In recorded history, there has never been a reported attack on a person by a bobcat or coyote in Plano. Throughout the entire state of Texas, there has never been an instance of a coyote or bobcat killing a person. By comparison, domesticated dogs and cats injure more than 600 people each year in Plano alone, and dogs are responsible for an average of over one death per year in Texas.
If you have a coyote sighting in your neighborhood:
Do:
• Do keep small dogs and cats inside at night.
• Do keep the covers secured on your trash receptacles.
• Do keep your dog and cat on a leash (as required by city ordinance).
• Do report the coyote/bobcat sighting to the DFW Wildlife Coalition (972-234-9453).
• Do try to consider that they were here first.
Don’t:
• Do not feed your pets on the back porch.
• Do not walk your small dog in wooded areas.
• Do not approach, chase, make noises at, chunk rocks or otherwise taunt a wandering coyote.
• Do not approach a coyote if it appears trapped, injured, or sick. Contact Animal Services immediately at (972) 769-4360.
• Do not ever try to touch a coyote.
Homeowners actually benefit from the presence of coyotes and bobcats because their predation keeps the populations of rabbit, rats, and mice under control and prevents infestations that occur in homes and businesses when vermin reproduce unchecked.
Source: City of Plano | Photo: Licensed from iStockPhoto
By Tom Branch, on October 15th, 2011 
2 Bedrooms | 2.1 Baths | 2-Car Garage | 1412 SF/Building Plan
Plano TX Townhome For Sale – Chase Oaks is all about location with restaurants, movie theaters, shopping and entertainment within walking distance. Gorgeous new construction townhome with soaring 2-story foyer. Kitchen has 42-inch cabinets, ceramic tile backsplash, Frigidaire appliances including smooth electric cooktop. Large master suite with oversized bathtub, dual sinks, and a generous walk-in closet. Energy efficient with R38 insulation, 16 SEER HVAC, and Low E windows.
Click here for Current Pricing, Details, Photos, and Virtual Tour.
See all Townhomes For Sale in Chase Oaks, Plano, TX.
Source: NTREIS
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