Fabulous home in a master planned family community! Huge backyard with beautiful trees and 8 ft board on board fence with extended flower beds. Living area features beautiful wood floor in family room, ceramic tile in kitchen, nook and entry. Spacious kitchen with upgraded maple cabinets and large island, walk in pantry, plus a skylight for lots of light. Master suite with large walk in closet, garden tub, ceramic tile and maple cabinets. Great study.  Enjoy the neighboring pond, park and shelters and be in walking distance to Boals Elementary! Tour today! Call Michael Reese Home Selling Team 972-625-SELL(7355) 07/18/2008

Here is another day-to-day, yet very real scenario that happens to many of our buyers and sellers in the real estate market these days. For Sellers: It doesn't matter what your original listing price is - especially when you did not get it priced correctly in the first place. Sellers often "know" how much the house is worth - either based on a realtor's or appraiser's opinion of the market value. This number is typically a price "range", not a fix number. Again, because it is an opinion of value, it can vary. Many times, in reality, Sellers "pad" this price with NEGOTIATION room. If the "room" is somewhat reasonable, and the house is in top market condition, you could price it near the top price. However, this pricing should be reserved only for tip top market condition and most houses ... 07/17/2008

This a testimonial which I received a while back. I am taking this opportunity to describe how I view my job as a realtor very seriously and passionately. I hope that through this testimonial, you would see the person that I am. Thank you. Well, to make the long story short, let their own words describe their experience: "We needed to sell our house first, before we could purchase another. One tough task in this current housing market. And even in a Buyers market, both are a challenge. All I can say is, WoW! You far exceeded our expectations on both. The dedication, knowledge, patience and professionalism is second to none. We got a fair price for the sell and found the "perfect" home for our family. You have a genuine desire for us to be completely happy with our purchase. You asked al... 07/16/2008

Finally someone with a brain... I have been very tired about listening to the media for the past few months. Everywhere you turn, the media is painting the world is coming to an end. The media wants you to see that the sky is falling. But is it really? I finally heard something clever on the radio recently. Of course, I would not expect this from anyone else except for Dave Ramsey - a financial guru who airs his radio show, "The Dave Ramsey show" every weekday from 1-4pm on many cities across the nation. This is what Dave Ramsey said, "You gotta get out of this "You Gotta" mentality if you want to build wealth. "You Gotta" puts you in a financial bind. CHEAP sells faster in any economy. Right now, some cities are struggling. Most of them aren't. Most of the market are doing very well. I... 07/15/2008

How often do we hear this Frisco TX home seller statement? "I dont want to give my house away..." Realize that real estate professionals and appraisers can give sellers an opinion of the market value. The keyword here is "opinion". It also must be validated by the most important "other side" of the equation, the buyer. Again, when an opinion of the market value is obtained, it is just an estimated figure of what the market would take. In this discussion, I am not mentioning about houses who are priced attractively below the "market value" to produce multiple offers. I am discussing about a Seller's ability to obtain the highest and best price, given the location, price and features of the house. There is no real market value until a buyer is willing to pay for a price for the house. Rea... 07/15/2008

This was posted on www.friscotexas.gov as a reminder.  Thought i would share with all of you, in case you have some free time between 8 and 9 am on Monday. On Monday, Mayor Maso invites residents of Frisco to join him for a cup of coffee and casual conversation.  This is week will be the second meeting and is scheduled to continue on the 2nd Monday of each month. When - 7/14/08 @ 8 am Where - George A. Purefoy Municipal Center, 6101 Frisco Square Blvd Discussion Topic - Casual Conversation about our community, developments, etc. "Coffee with the Mayor" is one of the Mayor Maso's new communication initiatives.  The first session was attended by 22 citizens.  If you would like more information about this meeting, go to www.friscotexas.gov, click on 'Communication' and find 'Coffee with th... 07/12/2008

Texas is a non-disclosure state. By that, it means that real estate sales price are not public records. That means buyers and sellers have a more challenging time to figure value. Often times, real estate consumers rely on their realtors for this knowledge. Many homes are sold through the MLS system, thus sold record data may be held there. Realtors perform comparative market analyses to figure out the value of houses. Again, value is only in a form of an opinion. What the actual house will sell for depends on the given buyer and seller under their own motivation and circumstances. I have come to the conclusion that no matter how much market data, stats and comps you see (as a home buyer or seller), in the end, realtors may provide you with a suggested price range of which a house shoul... 07/11/2008

I have walked into many greatly decorated children's rooms with lots of themes: from the jungle safaris, to the princess's little palace. Many times, buyers acknowledge that it's a great work of art. But the big problem is that it does not suit them; or their children. Thus, whenever you prepare a nursery in anticipation of the arrival of your new baby, or re-decorating your child's baby room into a growing teenager's, here are some tips you can take: Use a general neutral color palette. Unfortunately, it seems as if only you like murals. Stay away from them. They are just too highly customized specifically for the child.  As color combinations change over the years and also with preference, take the updates in draperies and beddings.These days, the brown and blues or the brown and pink... 07/10/2008

Parkside Estates Frisco Texas is a small Frisco community of about 180 homes. It was built in two phases with the 1st Phase built in 1999 and the 2nd Phase in 2003. Grand Homes and Paul Taylor Homes built fine homes at Parkside Estates that continue to sell because of its close proximity to Highway SH 121. There are currently (July 10 2008) 7 homes available for sale at Parkside Estates. It range from $217,900 to over $290,000. 5 homes sold in the 2nd Quarter including early July 2008. Currently, there are no pending contracts in Parkside Estates. It is a great opportunity to purchase at Parkside Estates now. Contact me for the availability of homes and attractive deals in this specific neighborhoods, or other neighborhoods in Frisco, Plano, Dallas, McKinney, Allen, Little Elm, Prosper,... 07/10/2008

Parkside Estates Frisco TX is located between Hillcrest and Coit Road off College Parkway in Frisco, Texas. Built in 1999, Parkside Estates has two phases. Grand Homes and Paul Taylor Homes were the builders of this community.There are approximately 200 homes in the first phase and about 100 homes in the second phase. The community start at around 1600 square feet (three-bedroom homes) to over 3800 square feet (four-to-five bedroom homes). Most houses are in the 2,000 to 3,000 square feet range. Parkside Estates have low HOA dues. At time of print (July 2007), it is less than $150 per year. The HOA dues cover the maintenance of common areas and HOA Management fees. The Homeowners Association is managed by Excel Management in Dallas, Texas.  Parkside Estates is a small but beautiful comm... 07/10/2008

Panther Creek Estates in Frisco TX continues to become a highly-sought after neighborhood in the Frisco TX real estate market. Many buyers buy in Panther Creek for many reasons. Their reasons to buy at Panther Creek include: - The exemplary Sem Elementary of the Frisco ISD located in the community- The master-planned development of the community- The 2 city parks over 16 acres and 1 proposed lighted park - to be developed- The nature walks, hikes and bike trails- The active neighborhood community activities- The beautiful landscapes of community and homes- The features/ upgrades and improvements in homes - The friendly neighbors and faces of the community Panther Creek Estates has recently undergone 2 major community changes. RealManage is now the new manager of the HomeOwner's Associat... 07/10/2008

Yaay, finally in my neck of the woods, at the Hampton Inn in Frisco. For any appraisers needing CE or just wanting to take more classes, keep these dates in mind.     Texas State Education Conference   NewsletterJuly 10, 2008    Number 1    Gena Upchurch, IFA  (Texas State Director) in conjunction with the Greater Dallas Chapter of NAIFA is hosting our Texas State Education Conference.  Registration includes lunch both days and dinner on Friday evening.  Registration and fees will be available in a few days.    We will be updating our Chapter website and posting more information on the specifics as to location, cost, and amenities.  We will also be doing Conference registration and posting additional information ( including maps) on the Greater Dallas Chapter website in a few days.   Gr... 07/10/2008

An establishment fails when it receives more than 30 demerits.  At that time, the Health Inspector may close the food establishment at his or her discretion.  This decision is based on the nature of the violations, the establishment's history of compliance, and other risk factors. Please contact the Health and Food Safety Division with any questions you may have. The information listed is from the City of Frisco and was last updated on 6/4/08 The worst of the worst: Fortuna Grill - 30 Rudy's Country Store - 29 Rosati's Pizza - 28 Nestle Tollhouse - 28 Hot Wok Café - 27 Dickey's BBQ - 26 Kolache Depot - 25 The Varsity Club - 25 Some of the favorites: Papa Murphy's Pizza - 0 Bay Grill - 3 Chili's (mall) - 3 Golden Moon - 3 Hungry Howies Pizza - 3 Sake Toro - 3 Taco Bueno - 4 Chaucer's - 1... 07/08/2008

A couple of postcards motivated me to write this blog to remind consumers to believe only half of what we read! I received 2 real estate postcards this week from my "friendly" neighborhood realtors. The first was by a realtor who lived in my previous neighborhood, so I knew exactly which house she was referring to when she mentioned that she had recently sold a house in XXXX community. Another postcard was referred to 2 recently SOLD listings in my current neighborhood. Because I live here, I know that this realtor was not the listing agents for these houses but their postcards made it perceived as if they were. Because I track ALL Frisco and the surrounding cities real estate market activities like a hawk, I pretty much know whose listings moved and whose didn't - especially in the 2 c... 07/05/2008

HAPPY BIRTHDAY AMERICA!!        AS FOR ME AND MY FAMILY, WE WILL NEVER FORGET.....                                       07/04/2008

Sometimes, statistics about home sales are not accurate. Donna Harris - a real estate agent in Dallas wrote about it here. The truth is that we are real estate agents who have access to SOLD data (Texas is a non-disclosure state), we could manipulate some numbers to make it how we want it to be. That's a fact. If you omit a couple of SOLD comps, you will get a completely different result. It is not the reason for this blog today. But if you were a Seller in this market, statistics may mean some to you (as a guidance) but on the hold, it may not mean much to you also. What more, it doesn't mean much if your house is on the market, other than it completely stresses you out. You may not care too much about how many days your house is on the market, what is the average days for a house to g... 07/01/2008

Below is the current market information and sales for Frisco, TX in May 2008.  This report includes all sales reported to our MLS.  It does not include all the builder sales in Frisco (builders do not list all available homes in MLS).  Sales are down this month versus last year but the City of Frisco sees this as a good thing so the city can catch up.  Frisco has been experiencing tremendous growth for the last few years and the slow down in the market is allowing the city to catch up on road work and other city services.  Contact me if you are interested to know how this affects your next home sale or purchase.            May 2008   . May 2007   Sold Volume    $73,542,592.00 . Sold Volume $74,332,416 # of Sales 237   # of Sales 259 Avg. Price $310,306.00   Avg. Price $286,997 New Listi... 06/30/2008

  AARP - 972-335-2478Adopt A Pet - 972-668-4311 Alcoholics Anonymous Frisco - 972-708-5086 Allen-Frisco-Plano Autism Spectrum Parent Group American Cancer Society of Collin County - 214-819-1221 American Legion Post 178 American Red Cross of North Texas - 972-542-5642 Angel Food Ministries - 214-282-5576 AroundTown Kids Arts of Collin County Association of Frisco Retired School Personnel - 972-335-3040 Boy Scouts of America - 214-902-6754 Boys and Girls Club CASA of Collin County - 972-529-2272 Celebrate Recovery - 214-282-5576 Chamber of Commerce Christian Community Action - 972-436-4357 Chronic Hugs: Chronic Pain Support Group - 214-726-9060 City of Frisco - 972-292-5000 Collin County - 972-424-1460 Collin County Association of Realtors - 214-618-3800 Collin County Central Appraisal D... 06/29/2008

It is so common these days that friends, among friends have casual conversations about the real estate market. But where did they get the news from? CNN, local news or the real estate agents that work in their specific areas? I have a client that asked me today (after a 2-week vacation) if the market has shifted? I find that question very amusing, so I dig into it a little deeper. Where did you get this information? "Oh well, I was at this party 2 days ago and I heard that the real estate market has really tanked. I wondered what happened between before I left and now?" Wow. That wasn't my real reaction but that's how I reacted in my mind. With my jaw dropped wide open. You see, your family, best friends and acquitances are having cordial conversations without the real real market exper... 06/27/2008

Written by Loreena Yeo3:16 team REALTYCopyright 2008 Most parts of the country, including my Frisco TX real estate market is undergoing a Buyer's market - generally speaking. (Some spots - whether it is the price range or location of the market are not suffering at all) By that I mean that Buyers have many houses to select from and being a Seller at this point in time is definitely not fun. You are right, it down-right awful. However, despite the current real estate market conditions, if you are a purchaser in this marketplace, there are some facts you ought to know. Even you have the upper hand in this Buyer's market, do understand that your offers have to be somewhat "reasonable". For example, If the Listing Price is $350,000 and the comparables support a $342,000 number, your verbal ... 06/24/2008