RECENT BLOG POSTS
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McKinney's current square is the home to Landon's Winery. This marks quite a change considering that in 1987 when we moved here you couldn't buy wine in the local grocery or convenience store. Today wine is available locally and is actually made at Landon's and has won awards in tasting competiti...
02/11/2009
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This was not the most robust January on record for McKinney housing starts, but there are some bright spots. The builders are sticking to their guns and not starting any new homes except build to suits. That has helpped reduce the inventory of completed new homes. The bright spot here is that buy...
02/08/2009
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The chart at the link below is extremely interesting. It illustrates how localized real estate markets are. It is interactive and demonstrates how prices vary across this region. I live in Collin County which is at about 1:00 o'clock on the chart. Right at the center of the chart is some of the h...
01/29/2009
Home sales in Collin County and the surrounding area improved in December over November which proved to be the lowest month of the year surpassing what has been the low month of each of the past three years -- January. The median sales price also rose 3% when compared to 2006, but it was $176,00...
01/26/2009
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Unique architecture in Croatian village replica. One of the most unique developments in North Texas is the replica Croatian village Adriatica. Located in Stonebridge Ranch in McKinney this new mixed use development will combine town homes, single family homes, condos, commercial and retail spac...
01/21/2009
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The prospects for real estate buyers in McKinney just keep getting better. Interest rates have been below 5.0% much of this week. A friend of mine took the plunge and refinanced locking in one of these recent rates. He is going to reduce his payments by about $500.00 per month. He will save about...
01/16/2009
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I have begun to see increased activity from potential buyers in the past two weeks. Builder subdivisions in McKinney are seeing more traffic and our resale listings are also seeing increased traffic. I gave a potential buyer a chart that graphs mortage interest rates since 2000 until today. His c...
01/11/2009
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With all the discussion of whether we are at the bottom of this decline, will we decline further or are we headed out of the trough toward new peaks. I thought it fitting to share the following with the AR community. These words address our current situation without being blindly optimistic. What...
12/31/2008
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We recently sold a foreclosure in McKinney and I believe the bank accepted our offer because the buyer was bringing cash to the table. The bank did not have to be worried about the buyer getting a loan that could make it to closing. Is anyone else out there seeing renewed interest in transactions...
12/29/2008
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McKinney Christmas Celebration. Photography by Joseph McKinney, Texas just completed the first part of its annual traditional Christmas celebration: "A Dickens of a Christmas." If you missed the 27th year of the Dickens Victorian Christmas, there is still plenty of atmosphere to absorb on the old...
12/25/2008