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Monday, 26 July 2010
You had a hunch there was something better out there, and this is IT! Sundrenched home on a large corner lot, with 3 spacious bedrooms & many upgrades! You won’t be disappointed!
Details here!
Call us today to be among the first to see it!
Helping your find your home is our goal,
Getting you through the process is our expertise!
Thursday, 10 June 2010
Enjoy a lifestyle of elegance and privacy in this stunning move-in ready home! Spacious and open floor plan with 5 bedrooms and 4 baths and a sparkling pool and spa!
Located in Plano’s Stoney Hollow community, this home will exceed your expectations! The seller says, bring an offer!!!
3825 Wintergreen Drive
Contact us to see it for yourself!
Helping you find your home is our goal.
Getting you through the process is our expertise.
Reechia & Keith Powell
Plano Real Estate
Wednesday, 10 February 2010
Sellers in Plano, TX are enjoying a consistent market, even during the holiday season. When we compare sales between December 2009 and January 2010 it is obvious it is a seller’s market. Over 100 homes sold in January, many more than the other areas we track. The average sold price and price per square foot increased with January sales. Days on market did increase slightly but remains under 2 months!
Traditionally January Real Estate can be slow, and even though fewer homes sold the prices remained fairly constant!
Our market remains steady and with the expanded tax credit it is a great time to purchase a home. To qualify for the tax credit you need to have a home under contract before April, which will be here before you know it! Call us and we can help you find your dream home and take advantage of the tax credit!
For Plano in January 2010
Sold Properties:
102 homes sold
Average List Price $297,715
Average Sold Price $288,435
Average Price Per Sq Ft $101
Average Days on Market 75
Thursday, 21 January 2010
As we look toward the New Year we wonder what will the real estate market do? Let’s first take a moment to reflect on the past 6 months. Often reviewing what we just finished helps us prepare for the future.
Single Family Home sales in Plano, Texas were very consistent for the final half of 2009. · Average List Price $266,889
· Average Sold Price $258,033
o 4% difference between list price and sold price!
· Average Price Per Square Foot $93
· Average Days on Market 60
These stats tell us that homes sold on a consistent and reasonable basis. Not quite what the media would have you believe is it?
We are here to assure you that people are buying homes and they are selling for a fair and reasonable price!
The government tax credit has been extended and expanded – it is a GREAT time to buy a home!
Monday, 11 January 2010
Are you looking for a custom home in Plano? Well, we have a new listing that fits the profile!
3621 Trail Walker Drive is a Kensington custom home located in the highly desired community of Stoney Hollow! This beautiful & spacious home offers 3 bedrooms, two living areas, and numerous upgrades!
Give us a call and we will be happy to give you a personal tour of 3621 Trail Walker Drive.
Keith & Reechia Powell
214.649.4823
Plano Real Estate
Thursday, 19 November 2009
Plano real estate has remained steady with some interesting and slight changes. In July over 300 homes sold, since then the number of homes sold has decreased each month. However the days on market and price per square foot has barely changed! Plano continues to enjoy the least amount of days on the market for this area. We expect the market to continue in a steady fashion due to the recent government tax credit.
For Plano in September – Sold Properties:
257 homes sold
Average List Price $264,670
Average Sold Price $256,733
Average Price Per Sq Ft $94
Average Days on Market 59
October – Sold Properties
242 homes sold
Average List Price $249,894
Average Sold Price $241,793
Average Price Per Sq Ft $91
Average Days on Market 62
Click here to review July & August stats.
Wednesday, 23 September 2009
Plano saw a steady number of homes sold during the “summer season”. The average sold price decrease slightly, however homes sold for an average of 96% of the list price (that figure stayed very steady). Price per square foot and number of days on the market were consistent. Plano enjoys the lowest number of days on the market. Remember this is the largest area we review, therefore the price range and style of homes varies significantly.
For Plano in July – Sold Properties:
329 homes sold
Average List Price $274,772
Average Sold Price $265,764
Average Price Per Sq Ft $94
Average Days on Market 60
August – Sold Properties
284 homes sold
Average List Price $260,047
Average Sold Price $251,401
Average Price Per Sq Ft $90
Average Days on Market 63
First time buyers – the clock is ticking and time is running out to take advantage of the $8,000 tax credit. Allen remains a great place to purchase your first home.
Tuesday, 14 July 2009
Plano is different than the other areas we review each month, it is larger and therefore offers a wider variety of homes, the price range is also larger than the other areas.
For Plano in May – Sold Properties:
261 homes sold
Average List Price $253,284
Average Sold Price $244,413
Average Price Per Sq Ft $90
Average Days on Market 53
June – Sold Properties
288 homes sold
Average List Price $284,885
Average Sold Price $275,125
Average Price Per Sq Ft $97
Average Days on Market 59
As you can see things change from month to month, and in the Plano area things are increasing in the right areas (average sold price and price per square foot) and decreasing the right areas (days on market).
It’s obviously a good time to sell your Plano area home – call us and let’s talk about our marketing plan for your home!
Monday, 13 July 2009
You often here the saying, “what’s old will be new again” – and that is true in today’s real estate market. Yes there has been a shake up and things have changed but there are still buyers and sellers and people living in the homes of their dreams. And as is true most often when things are “shook up” or changing, that going back to fundamentals is the best track back to “normal”
Below are time-honored home buying essentials that apply now more than ever:
Save Up to Pay Down
The tradition of the down-payment is almost as old as real-estate itself, yet home loans with no money or very little money down became increasingly popular during the start of the decade. Changes in the credit market have made such arrangements all but nonexistent today, and in many cases buyers won't be considered for a loan without at least a 10% down payment waiting in the wings.
In reality, buyers who invest at least a 15% to 20% down payment will be rewarded as markets re-stabilize. A larger down payment provides the buyer with a lower interest rate, lower payments, higher equity and a stronger negotiating position when it comes to refinancing.
Borrow Smarter
Lenders will employ a variety of different metrics to determine how large of a loan and monthly payment you qualify for, but ultimately you must determine a realistic monthly budget. Qualifying for a home doesn't necessarily mean that you can truly afford the payments in the real world. Start the home buying process off right by determining exactly what kind of mortgage payment you can afford, leaving yourself enough buffer to deal with life's little surprises.
Focus on Your Market
It's easy to be distracted by national housing headlines, but real estate has always been centered on very specific local market conditions. What is true in one area is not the case in another, sometimes down to the street level. Rather than paying too much attention to trends in distant cities and markets, keep your eyes squarely on the dynamics close to home, and work with your local real estate expert.
Call me and let’s talk about these fundamentals and how my experience and knowledge can help you!
Wednesday, 08 April 2009
Are you looking for a custom home in Plano? Well, we have a new listing that fits the profile!
3621 Trail Walker Drive is a Kensington custom home located in the highly desired community of Stoney Hollow! This beautiful & spacious home offers 3 bedrooms, two living areas, and numerous upgrades!
Give us a call and we will be happy to give you a personal tour of 3621 Trail Walker Drive.
Keith & Reechia Powell
972-979-9978
Friday, 13 March 2009
Plano is different than the other areas we review each month, it is larger and therefore offers a wider variety of homes, the price range is also larger than the other areas.
For Plano in January – Sold Properties:
139 homes sold
Average List Price $254,529
Average Sold Price $243,201
Average Price Per Sq Ft $90
Average Days on Market 81
February – Sold Properties
141 homes sold
Average List Price $297,933
Average Sold Price $285,433
Average Price Per Sq Ft $101
Average Days on Market 69
WOW! The changes in Plano are different! More homes sold in February than January, and they sold for more money and in a shorter period of time! The supply and demand for Plano homes is evident!
It’s obviously a good time to sell your Plano area home – call us and let’s talk about our marketing plan for your home!
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