Plano Texas Real Estate Blog - Local Plano Real Estate.

Open Houses for Sunday

23 Open Houses today in 75093.

You could spend the whole afternoon previewing homes in these
desirable neighborhoods:

Old Shepard Place, Whiffletree, Glen Meadows,
Huntingdon Green, Willow Bend North. Willow Bend
West, Willow Bend Lakes, Harrington Place, Windhaven
Lakeside on Preston, Creeks of Willow Bend, Indian Creek
to name a few.

Customer report is available for download with photo, times
and directions.  Enjoy your Sunday!

[where:75093, Open Houses, West Plano]

Foreclosure Listings in West Plano

It's Friday and it's been a wild month.

Despite the media - real estate is moving right along in West Plano.

The market has picked up considerably and homes are going
under contract quickly.  If you're a buyer be prepared to make
a quick decision.

The inventory levels are low and new listings have yet to pick up,
so seller's that have been thinking about selling this could be the
right time....homes are going under contract within 5 to 30 days...
that's a general statement but if you're in the right neighborhood
with the right schools you have a great chance of selling NOW!

Take a look at our net list 1%, it could be advantageous for you.
(just a little bit of shameless promotion...)

Enough of the quick tips - here's the foreclosure list for this week.
75093 and 75024 - 15 properties to review - 147K to 859K

If you're in the market for a large home on Gleneagles Golf course take
a Google street view of 5748 Gleneagles:  It's a foreclosure on the list.


View Larger Map

[where:75093, foreclosures, West Plano]

What's the Option?

(Active-Option Status)

When you put your home on the market it's enough just to get ready
to show and price it right.  That's a HUGE project...

Right?

So, what happens when you get a contract and all this real
estate legal jargon is thrown around but your really don't know
what it means.

The option period is the first time line that starts as soon as
you have an executed contract. Meaning everyone has agreed to
agree and signed off on.

The "Option" is the period of time the buyer has bought to have
an inspection and decide if they want to buy the house.  Of course,
buyer's remorse can play a role in this too.  For example, you can wake
up the next day and decide you don't like the house, or your spouse
doesn't or found a better one and the reasons can go on and on...

Usually the option period is 7 to 10 days which is ample time to
make an intelligent decision. And the amount varies as to the price
of the property but usually between $50. to $250.

The buyer makes a check out to the seller for the agreed upon amount
and the listing agent will take the property off the market, a status
change called active option.  It's called buying the option. The buyer
will lose the option fee only if he decides not to buy the home otherwise
it is credited to the purchase of the home.

It's a protective period for the buyer of any home and it's always good
to exercise your option.  You never know what can happen and you
always want to be able to opt out.

For the seller it's wise to continue to show your home to prospective
buyers just in case the deal goes south - so you still have activity
and potential buyers at bay or perhaps a back up contract to consider.

[where:75093, active option, option period]

Real Estate Results for May 2008 and YTD

If you're selling or buying a home now than you need
to know what's taking place in the current market.
Like what's selling or not and what for in our local
neighborhoods.

We offer two sets of reports at Plano Homes and Land
and they are free. The Monthly Indicators on the right
side bar have just been updated with last month and year
to date info in a one page downloadable file. This data is
from the MLS and includes sold information.

The other reports offered are from Altos and are weekly.
They use public data like Zillow and Trulia to get a pulse
on the market. Using these two reports in conjunction will
give you an accurate idea of where the market is trending.
See last week for Plano and 75093 here.
If you like this you can get different zips on the right side bar
under market activity reports, instantly when you hit request
report. No hassle..just up to the minute real estate activity.

Also, this week there are 20 new listings in 75093. To give
you an idea of the market only 4 are priced above 500K.

[where:75093, new listings, real estate data, Plano]

OPEN HOUSES

21 Open Houses for Sunday

Neighborhoods include:

Willow Bend
Lakeside
Windhaven
Castlemere
Hills at Prestonwood
Whiffletree
Old Shepard Place

just to name a few...a photo and times are on this
PDF link to take a tour of the beautiful homes in
West Plano.

[where:75093,West Plano, Open Houses]

Friday's Foreclosures are for all of West Plano
this week.  Zip Codes: 75093,75024,75025

Foreclosure List

If a property has been on the market a very long time,
like almost a year, and has not taken a price reduction
then this is a prime opportunity to low ball it.

Make sure you get an inspection on any foreclosure and
option period in case things don't work out.

The list has days on market and original list price, so you
can see the history of it.


[where:75093, 75024,75025, West Plano, foreclosures]

Get Real Estate Data Anytime You Want

Altos research is one of the data tools we use to track real estate activity for certain zip
codes in the Dallas - Plano Area - they have provided a great widget on the side bar to
instantly receive the report of your choice for any of these zip codes:

West Plano: 75093,75024 and 75025
Dallas: 75205, 75225,75229 Park Cities
and Vicinities
Preston Hollow - 75230
Oak Lawn - 75219
North Dallas - 75287

You can request single family or condo results by week for any research report.
Use them if your just getting started on the house hunting journey or gathering info
for later.

Fill out the form under - For up to the minute real estate data -  and click request report.

It's that easy....image above is just some of the info you receive. Great for buying or if
your thinking about selling.

They're are really good! And the best part is - no one is going to call you.
(unless you want to be contacted or have a question)

Give it a try and see.

[where:75093,75205,75225,75230, real estate data]

New Listings in 75093

Running a little behind... it really is Monday!

Every week at Plano Homes and Land we post the
newest listings in 75093 on Monday.

Things have picked up and 26 brand new properties are
available for sale. $134.4K to $1.375.M

1983 and newer - in Plano you will get newer homes
and average list price is $139. sq. ft.

On Friday you get new foreclosure listings and Sundays
all the Open Houses from the MLS,  hopefully you will find
really good current real estate information about your
neighborhood on this site.

Real estate isn't easy but getting the right information should be.

[where:75093, new listings]

Dad's Day

Happy Father's Day!

If Dad needs new diggs then here's an open house list sure to please.

For some reason there aren't that many open houses on Mother's
Day or Father's Day but if you're in the market there are a few in
75093 and 75024.

Times and info about each property are on this list from the MLS.
Enjoy your Dad today and the open houses.

[where:75093, 75024, West Plano, Open Houses]

West Plano Foreclosures

Happy Friday the 13th! and 18 foreclosures for your
review.

The market has picked up and as long as you have
a loan in place you should be able to make a very
good buy. The list includes zip codes in 75093 and
75024. These are all REO properties (real estate
owned). Some banks are easier to deal with than
others.

Enjoy the weekend and Happy Father's
Day to all the Dads!

[where:75093, 75024, West Plano, foreclosures]

Pockets of Opportunity in Plano

Numbers for May are out and again they are down, needless to say.

Plano sales are off 17% from last year, but I'll digress -

What's interesting in Plano is new listings are down 34% from a year ago
and active listings down 16% . Months supply is at 5.0 which is 5% below
last year.

What does that mean? Inventory is low and the selection for the buyer
could be limited in certain neighborhoods of choice.

It's still a buyers market so pricing has to be reasonable but Plano
has its own bubble if you will...

So if you sold your home recently and were surprised it sold fast this
is why...I've talked to several folks that are looking for new diggs because of
this.

I'll post May figures later this week so for now here are the new listings
in 75093. 23 properties to review..

[where:75093, new listings]

Open Houses for Sunday in West Plano

Hope you're having a great weekend and if you're in  the mood to house
hunt here's the open house list for Sunday - June 6th.

West Plano zip codes are 75093, 75024 and 75025.

The photo above shows the open house customer report from the MLS -
that you can download from the PDF link above.  It's gives basic info about
a property and times of the open.

There aren't that many, only 10 but that's probably enough with the heat.
Stay cool...and remember all info is deemed reliable but never guaranteed.

[where:75093, 75024, 75025, West Plano, Open Houses]

More Foreclosures...

It's Thursday (I'm sure you know that) and tomorrow is a busy
real estate day so I'm posting for Friday now...

And that means Foreclosures.

List this week is for 75093 and 75024.

Heads up for this week -

I know Kings Ridge is a popular place and a hot bed
of foreclosures, even in the new section!

There are some great opportunities here but don't trust
the for sale price as a foreclosure deal.  Know the
value of the condition and location of the home.

Why are they not priced like a real foreclosure?
Because banks don't know how to sell real estate!

Some are way over-priced...just so you know.
Buyer beware...

[where:75093, 75024, West Plano, foreclosures]

Cat Pool

If you have cats this is a familiar sight.  I wish I could do that!  Godiva has the
right idea, it won't mess up her hair.

[where:75093, texas weather, cat pool]

Newest Listings

Every Monday the newest properties are featured on
Plano Homes and Land.

So here you go:  NEW HOMES FOR SALE

These have been listed  the past 7 days in West Plano
75093.

19 homes to review: $178K to $3.5M.

[where:75093, new listings, real estate, west plano]