Real Estate is Local. It varies from cities to cities, areas to areas and communities to communities. Furthermore, it varies price ranges within the neighborhood too.

Just like weather forecast is local. Here in Frisco Texas, you would not watch the weather forecast in New York or Atlanta to determine how your day would be.

Find out more about how your community or your area within your price range does. We are here to provide you the most accurate information because we believe information is power in negotiation of real estate transactions.

LOCAL REAL ESTATE MARKET REPORTS You Must Know When Buying or Selling Frisco TX Homes.

 

• Frisco TX Down Payment & Closing Costs Assistance Programs
  The city of Frisco offers 2 housing initiatives to bring more residents to call Frisco TX home. One program assists anyone who want to live within the city of Frisco limits while the other is offered specifically for Frisco ISD and City of Frisco employees. There are some qualifications for the program. Find out what they are.
  
  
• What Every Seller Needs to know about Selling Their Homes in a Time Such as This
  Many industry changes that can affect the sale of your home. Understanding how it could affect you is essential to a happy closing in the end.
  
  
• Why Some For Sale By Owners FSBO Fail?
  Understanding why some For Sale By Owners (aka FSBOs) fail at their attempt of selling their homes may be crucial to understand where you can do better, or if it is something you want to attempt on your own. Even if you receive an offer, would you know what to do with it? Worse yet, you have now paid a Realtor(R) to represent your Buyer who knows how to structure a contract.
  
  
• Should I List My Home with a Large Brokerage Firm?
  This is a link to my blog where I asked other top producing real estate agents across the country what they truly think about listing versus getting your home sold when the size of the brokerage firm does not matter. Find out why they think that way.
  
  
• What Every Buyer Needs to know about Buying Real Estate in These Times
  Home purchase in these times are unlike any other times. Both positives and industry changes affect how we used to buy real estate. Understanding the "new" home process can save alot of heart aches in the end.
  
  
• Do you recommend using a Realtor(R) in your new home construction buying process?
  Buyers wonder if they can do "better" without a Realtor(R) in their new home buying transaction. In the end, they only care about the sales price they pay for. Read this article to understand a small glimpse into new home construction. Then, you decide if not having a Realtor(R), negotiating on your own and going through the construction process on your own is worth it.
  
  
• Can You Buy a Home on a Work Visa?
  This article clarifies what it constitutes for non-immigrant work visa status employees can expect when purchasing their homes. Yes, they are also qualified to receive the first time home buyer $8,000 federal housing tax credit.
  

 

Continue from above ...

 

Frisco TX Homes Sales Real Estate 1Q Market Report 2013 Commentary:

 The Frisco TX homes sales real estate market have turned into a seller's market. It has shown steady increases over the past few quarters (in 2011 and 2012) but nothing quite like the 1st Quarter of 2013. The summary in the table above is just amazing. Here in Frisco TX, we have been awaiting such market momentum for a long time.

Homes in Frisco TX with good condition sell within days, often with multiple offers. Agents and buyers have been frantically making phone calls making sure the properties are still available for sale prior to viewing these Frisco TX homes. It is important if you are a potential home buyer in Frisco TX (and surrounding cities), you need to contact your local Frisco TX Realtor® to minimize your frustration in this home buying process.

Read How to win in a multiple offer situation with the Frisco TX homes housing market.

The 1st Quarter 2013 shown stellar results in comparison to years past (2011 and 2012) - an increase of almost 20% in Q1 in 2013 than 2012 in number of transactions and dollar volume. The sales price per square feet increase 2.3% (average at $98/sf in 2012 to $100/sf in 2013 of the 1st Quarter). At the same time, the average Days on Market improved an astounding 154%, ie. homes stayed on the market for about 83 days during the 1st Quarter, now have been selling in 32.7 days.

About 1,000 people move to Frisco TX every month. During the 1st Quarter of 2012, there were between 1,000 - 1,200 homes available for sale in Frisco TX (from the lowest priced to the most expensive). In Q1 of 2013, there were about 600 - 620 homes for sale. This phenomenon creates a shortage of homes in Frisco TX, including new home builder inventories. They too, cannot keep inventory on hand. Not only is Frisco TX a relocation destination for many all over the country, it also continues to be the place current homeowners want to upsize (to buy a bigger home) or to downsize (buy a smaller home).

The Frisco TX real estate homes market also face appraisal issues this 1st Quarter, similar to the same time last year. To the appraiser, it does not matter that borrower and the contract placed in front of him/ her were the winning contract among 5 or 8 multiple offers. The appraiser only looks at the transaction. S/He also looks back at the 6 month's SOLD data to provide a fair market value. However, if you look back at historical data of the past 6 months, there will be appraisal issues along the way with a real estate market headed on the rise. For the benefit of the appraisal, it will disclose that the neighborhood is stable or increasing (but it would not state by "what").

Frisco TX continues to offer great affordability in the marketplace, along with it being the "greenest" city to build a home in America, Frisco is the top choice for many. Frisco Independent School District ISD is rated an Exemplary school district in Texas.

Attached are the graphs to indicate the market conditions Frisco TX homes are in. It is a good prediction that the summer and busiest real estate season will sizzle. The sooner you begin your process, the better your chances are to purchase a home in the early stages in the Frisco TX seller's market.

Note: FHA mortgage lending requirements are changing again for files written after June 1st 2013. Check with your lender about how this may impact your home purchase.  

 

3:16 team REALTY represents home buyers & sellers in Frisco TX and surrounding areas. Call today to see how 3:16 team REALTY can specifically help you in your unique situation.
(214) 783-2210

Search Frisco Texas Homes

Information about selling your Frisco TX home

 Originally Posted in Frisco TX 3rd Quarter 2012 Real Estate Homes Sales Market Report

● Understanding the new Good Faith Estimate - January 2010
● How to compare Lenders & Good Faith Estimates
● Two Halves Makes a Full Loan Approval
● When to Lock In Rates
● Time Value of Money in Closing Costs

Mortgage Calculators

• Quick Payment Calculator
• Mortgage Payment with Amortization
• Household Budget Calculator
• Mortgage Qualification Calculator
• Interest Only Calculator
• Rent vs. Buy Calculator

Thinking about relocating to Frisco Texas? The northern suburbs, 25 miles north of the Dallas metroplex? People all over the country (East coasts, West coasts and all over) call Frisco Texas home because of all the great resources Frisco Texas has to offer.

Read through this section to find out more about relocating to the greater Frisco Texas areas.

 ● Considering relocating to Frisco Texas?

● Everything you need to set up residency in Frisco Texas

● Where Can You Buy For $150,000 in the greater Frisco Texas areas?
● Frisco Texas - Built for Family
● What Can You Get For Your Money in Frisco Texas?
● Frisco TX Weather - Just wait 5 minutes
●  A Tale of Two Cities: Frisco Texas and Frisco Colorado
● You Know You Are in Frisco Texas When

Yes, you can expect topics of personal finance on this real estate website. But why?

Frisco-TX-homes.com, 3:16 team REALTY believes in Personal Financial Responsibilities. Blissful homeownership is a part of the personal financial responsibility.

● Change must happen from Inside-Out, Upside-Down
● Money-wise Advice for a Down Economy
● Credit is a Personal Financial Responsibility
● Unconventional Financial Advice for Newly Weds
● Stop Talking About Monthly Payments
● When Finance is More Than Head Knowledge
● Home as a Forced Savings

Frisco-TX-Homes.com serves the greater Frisco TX home communities/ subdivisions.

• Starwood features Custom Luxury Homes for Sale in Frisco TX (Lebanon near Tollway)
• Premier Frisco TX custom homes in Chapel Creek (Parkwood/ Wade Blvd)
• Newman Village Frisco TX Homes for Sale (NW Eldorado/ Legacy)
• Frisco Lakes by Del Webb Frisco TX Homes for Sale (FM 423 between Stonebook and Lebanon)
• Plantation Resort Frisco TX Homes for Sale (Coit/ SH 121)
• Panther Creek Estates Frisco TX Homes For Sale (NE Hillcrest/ Eldorado)
• Dominion at Panther Creek (Village of Panther Creek (NW Hillcrest/ Eldorado)
• Heritage Lakes Frisco TX Homes For Sale (SW Lebanon/ Legacy)
• Winding Creek Estates Frisco TX Homes For Sale (NW Custer/ Eldorado)
• Queen's Gate Frisco TX Homes For Sale (NE Preston/ Rolater)
• Bella Casa Townhomes Frisco TX Homes For Sale (NW Tollway/ Lebanon)
• Villages of Stonelake Frisco TX Homes For Sale (SE Independence/ Eldorado)
• Crown Ridge Frisco TX Homes For Sale (NE Preston/ Panther Creek)
• Parkside Estates Frisco TX Homes For Sale (NW Coit/ College)
• Latera Frisco TX Homes For Sale (NE Preston/ Eldorado)
• Willow Pond Frisco TX Homes For Sale (NE Parkwood/ John Hickman)
• Lone Star Ranch Frisco TX Homes For Sale (Teel Parkway/ Lebanon)
• Hunters Creek Frisco TX Homes For Sale (Custer/ SH 121)
• A Day at Frisco Square (SE Tollway/ Main)
• Grayhawk Estates Frisco TX Homes For Sale (North side of Eldorado between Teel Pkwy & FM 423)
  
  

Support Local Resources and Businesses

• Asiana Biztro (Homemade Vietnamese & Thai dining experience in Frisco TX)
• Da Vi Nail Salon (Pretty nails, manicure & pedicure in Super-Walmart McKinney TX Shopping Center)
  
• Rock Your House (Transformation Remodeling with rocks, stones and granite-look)
• McKinney Third Monday Trade Days (McKinney outdoor flea market shopping)
• Plano Asia World Grocery store (Asian - Chinese grocery store)
• Dallas ACAR Air Conditioning & Heating - Duct Cleaning
• Spanish Language Translations with Mariana Lombard - Lombi Shop
• Downtown Frisco TX locally-owned 5th Street Patio Cafe
  
• Bookkeeping & Accounting Services Time Management Networking in Frisco TX