Richwoods, Lawler Park and Phillips Creek Ranch are dominating Frisco Real Estate

Posted by    |    May 15th, 2012 at 2:15 pm

You don’t have to ask me, ask anyone!

The residential real estate market in Frisco is out of it’s mind the past couple weeks. This is due to timing and supply of available homes on the market. Since this is the beginning of summer and a high selling season for homes in general, adding the historical low interest rates and exemplary schools in Frisco ISD, you have a very healthy appetite for homes in this area. And it begins with pre-owned homes in estatblished neighborhoods.

I heard this morning that in Pearson Farms in Frisco, a home was just contracted in 2 days because a realtor had set a family up on alerts as soon as a home came on the market, then it was just gone. Personally, I just listed a home in Turnbridge manor and in 13 days the home had a contract on it and ready to close in less than 30 days. I also forgot to mention that there were 24 SHOWINGS as well!

Enough with the pre-owned, let’s talk new homes. Richwoods in Frisco started selling March and in just 2 months, they have amassed 58 Contracts! 58 Contracts! (That’s a lot of homes in a so-called bad economy and bad real estate market, you think?) Lawler Park in Frisco is also seeing the same amount of interest from both Darling and Highland reporting in. And the Phillips Creek Ranch development, can’t handle the inquiries that come in on a daily basis, that they have created a FaceBook page where buyers can ask questions and see updates on the many builders when they happen.  There is also a new Blog called Update Frisco that will be giving updates, pictures and videos as things happen in all 3 communities.

Again, you can ask any builder, developer, realtor or seller in Frisco and they will all tell you the same thing. I guess it is finally time you make the move people and buy a home!!!

CCAR’s Economic Outllok for Real Estate in 2012

Posted by    |    January 30th, 2012 at 11:04 pm

Last Wednesday on the 25th of January, one of my favorite real estate speaking engagements came to town.

CCAR (Collin County Association of Realtors) hosts the most imformative session for residential real estate every year. They bring in 3 keynote speakers/teachers. Dr. Mark G. Dotzour the Cheif Economist at the Real Estate Center at Texas A&M University to talk about the Outlook for 2012. Dan Kessler, the Director of transportation for North Central Texas to discuss the progress of tollroads, highways and rail lines in North Dallas. And lastly, but most importantly, David Brown the Director of the DFW office of Metrostudy who highlights the communities in Collin County and advises us on where the action is.

To a normal realtor, this may be helpful for them to be knowledgable in front of clients. For a new home specialist broker like me, it’s a MUST!

I am always excited when Mark Dotzour hits the stage. He always tells it how it is, with no fluff! This year he mentioned these highlights for 2012.

1. Projections are at a 10% increase in Sales in North Dallas for 2012.
2. The only sources for loans are Fannie Mae and Freddie Mac and both are totally controlled by the government.
3. Mortgage rates at 3.75% are too low and show a “Fake Economy” and won’t be here for long.
4. He said if government got out of Freddie and Fannie, Mortgage rates would go back up and be stable at 6%.
5. Over 50% of Americans do not pay income tax.
6. Job growth is at an all time high. (Apple has 90 Billion sitting in their bank)
7. We are devaluating the dollar so much that Toyaota is now making cars in American and shipping them to Korea!

Lastly he said one comment that really blew me away. He said that in America today there are 4.5-6 million homes that are (60-90) days late on their mortgage. This puts them in various stages of foreclosure.In 2010 the government put strict guidelines on banks regarding foreclosures and here is the stat that blows me away!

• Historically, the average amount of days it takes to forclose on a property is 280 days. Today the average number of days to foreclose is at 680 days. 680 DAYS! Almost 2 Years!

Mark said the main reason for this is the 600 Billion dollars of secondary mortgages. He said if they foreclose on them all tomorrow, that many of the larger banks would have to close.
"Brad and Mark, Two of the Smartest People in Real Estate!"

I have to go talk to Mark everytime and he is definately someone that I know will tell me the truth about certain sectors of the economy and really helps when it comes to identifiying what is going to work when it comes to the Real Estate business.

Richwoods in Frisco invites Mayor Maso to Groundbreaking

Posted by    |    December 20th, 2011 at 12:51 am

Richwoods Breaks Ground with the Mayor

Richwoods invite Mayor Maso to Groundbreaking

Richwoods in Frisco had its groundbreaking on November 21st, 2011 with the Frisco Mayor Mahyer Maso.

The mayor joined representatives from the developer, Landon Development, and builder representatives to kick off the most exciting community to be underway since Lone Star Ranch in 2001. The builders Toll Brothers, K Hovnanian, Newcastle and Landon Homes are all getting conceptuals and marketing materials ready in a hurry due to the tremendous response for information about the community.

I have a total of over 400 inquiries since the development has been announced from the builder and realtor community and it doesn’t stop there. Since my recent video and blogs about Richwoods, I have been called or e-mailed in the 20′s in only 2 weeks! There has been a tremendous response for a couple reasons. (more…)

Candy Evans really digs “Costa Rica” for investment properties

Posted by    |    December 13th, 2011 at 1:02 am

Candy and Jane McGarry talked about Costa Rica a couple days ago on NBC 5. She said she stayed in some of the “most amazing vacation homes in the world” at The Palms in Playa Flamingo.

It was funny because she said she had never been so close to the beach but still sleeping in a luxurious bed! Playa Flamingo is on the west coast of CR, south of Liberia. It has white-sand beaches steps outside our door, and the ocean was calm.

The Palms is a private luxury residence club where you can own your own home, a beautifully finished out two bedroom condo, for $129,000 for six weeks per year.

Candy is Great!!!!!

Follow her at Candys Dirt

Here is the video!

Richwoods Development in Frisco offers Convenience

Posted by    |    December 13th, 2011 at 12:02 am

Richwoods Development in Frisco has something more than just being the last gated community in Frisco, take a look at your conveniences!

Kroger, Bank of America, Highway 121, Quik Trip and Subway within 5 minutes of your front door! I consider this just an added bonus to choosing Richwoods as your new community.

When buying a new home most buyers look into the builder, school district, neighbors, price, comps and upgrades which are all important factors. Yes, they look at the general area but I have found over the years that most buyers have to almost commute to not only exit the community but to get to the nearest gas station.

In Richwoods, you will have 3 exits from the community with strip centers in every way. Gas stations like Quik Trip, 7-11, RaceTrac and Kroger gas are within 5 minutes. Walgreens is on the North West corner which would be walking distance!
The strip center called Signature Plaza is highlighted in the video and is directly on Highway 121 approximately 5 minutes from the West Exit of Richwoods. (more…)

Richwoods Informational Meeting Scheduled for Early January 2012

Posted by    |    December 11th, 2011 at 3:27 am

Brad HoldenBrad Holden with Holden New Homes will be hosting a seminar providing information about the new Richwoods community in Frisco, Texas.

He will give an overview of the Community and the Richwoods VIP Program details that help buyers with additional savings and incentives on top of the grand opening and pre-selling opportunities.  The builders representatives will be attending and discussing their luxury homes and will answer any questions that any buyers have.

Dirt is definately moving and this community might just be the most sought after community in Frisco with the price point and being the last gated new home community being built in Frisco.

Details can be found at this link.  Spaces are limited.

Feel free to call Brad directly at (469) 733-2723 if you have any questions before the VIP Informational Event.

Announcing The Arbor at Lawler Park in Frisco

Posted by    |    November 28th, 2011 at 11:27 pm

The Arbor Lawler Park Entrance Richwoods in Frisco is and will be the most sought after community to date in North Dallas, but across the street from the North entry gate of Richwoods, an ultra luxurious community called The Arbor at Lawler Park is moving dirt.

The northern portion of the 800 plus acres owned by Roger Lawler will be a dual product community with Estate homes and smaller garden-style homes. This is ideal for this location.
The Arbor at Lawler Park will be 3 phases for a total of 145 lots. These lots will be around 65 feet wide by 120 feet deep. The builders will be Darling Homes and Highland Homes. The Arbor section will be closer to Coit.

At the Eastern side of the Arbors plans are for a beautiful amenity center with pool and splash park.

I am very familiar with both builders and from my experience the product that they will build will range from 2,000 to 4,000 square feet. Also with the prices of finished lots in Frisco being extremely high, I am guessing the pricing will start in the $300′s and go as high as $550 depending on upgrades.

It will be a great compliment to Richwoods with a little different style of privacy due to the number of homes and layout of the community.
Regardless, living in The Arbor at Lawler Park will be one amazing lifestyle!

-Brad Holden is a Real Estate Expert in Frisco for Holden New Homes focusing primarily on Richwoods, Austin Ridge, The Arbor at Lawler Park, The Crossing at Arbor Park and Craig Ranch. Brad also has a Real Estate Channel on YouPlusDallas where both New Homes and Communities are featured.

Direct: (469) 733-2723                 E-Mail: b@holdennewhomes.com

Privacy will be a focus in Frisco new development Richwoods

Posted by    |    November 21st, 2011 at 9:39 pm

Gated CommunityRichwoods future homeowners and their children can rest assured that they will have their privacy at any time. But it will be paid for.

Richwoods Development Frisco will pay approximately $2.5M in park fees to the City of Frisco in their agreement to make the community private. These funds can be used at the City’s discretion for parks outside the community.

At the groundbreaking last Thursday, the first payment was made to Mayor Maher Maso and earmarked for the City’s Parks and Recreation Department.

“Living in a community that is gated gives us the peace of mind when we go out of town or let our children play outside,” says Carolyn Rosser a resident of Starwood in Frisco. “We wouldn’t move to any new community unless it is gated. We are spoiled now.”

I personally have a 2 1/2 year old and agree with Carolyn. Even though the Frisco, Texas crime rate is one of the lowest in the nation, it does help parents relax about their children.

Richwoods will consist of 500-acres of a new master-planned community just north of the Sam Rayburn Tollway (SH 121) between Coit and Independence.

Get ready for another unbelievable new home community with all of the privacy you will need.

-Brad Holden is a Real Estate Expert in Frisco for Holden New Homes focusing primarily on Richwoods, Austin Ridge and Craig Ranch. Brad also has a Real Estate Channel on YouPlusDallas where both New Homes and Communities are featured.
Direct: (469) 733-2723 E-Mail: b@holdennewhomes.com

Phillips Creek Ranch in Frisco Texas Update

Posted by    |    July 24th, 2011 at 3:10 pm

See for yourself, Phillips Creek Ranch has started laying concrete.Phillips Creek Ranch

Roads are being poured off of Stonebrook as the entry into Phillips Creek as well as a connector between Lebannon and Stonebrook. Republic Property Group is right on schedule with the latest announcement of breaking ground late summer.

West Frisco is one of the most progressive and fastest growing cities in the country as of today. The rolling terrain and character of the land at Phillips Creek will lend itself to an upscale community that will include over one hundred acres of open spaces, several lakes, an extensive creek system and spacious parks and trails. The first phase of homes is projected to include 250 homes with a price range of $350,000 to $700,000. (more…)

Bloomfield Homes adds a new powerful sales tool online

Posted by    |    July 21st, 2011 at 11:09 am

Homes OnlineLaunched on July 20th 2011, A new channel page for Bloomfield Homes showcases select communities and floor plans through DFW.

Builders are all starting to place more time and marketing money online due to now over 92% of buyers start their search online. “Buyers today don’t have time to drive to each community,” states Brad Oellermann broker of Bradley Realty Group in Frisco. “Bloomfield is really smart to create videos so buyers have the ability to visualize the community before putting their kids in their car seats and taking time out of their weekend to take a look at a neighborhood .” (more…)