It depends on when you have reviewed homes for your search. On line is information accurate.

Happy assist you save you time, if I can obtain your specifications on type of home you are searching for I can forward listings .

Direct Link:
http://ntreislistings.marketlinx.com/portal/?PID=565700&…

How can I assist you?

I am a Dallas realtor and loan officer “one stop shop for all your real estate services”

CONTACT OUR OFFICE TODAY
972-699-9111
Lynn A. Crosby ~ National Featured Realtor
Follow me on Twitter: http://twitter.com/Lynn911
"...Specializing in Residential, Commercial Properties and Loans..."
Dallas Realtor, and Credit Repair Consultant -
The Michael Group - "Dallas Business Journal 07’ & 08' list top realtors"
Dallas Loan Officer -
Dallas Real Estate Website: http://www.lynn911.com 60,000 listings Dallas homes for sale

Listings breed listings. That's why real estate agents market around new listings. It is to spur on other homeowners to list their home and generate cross-marketing opportunities in neighborhoods, to help sell homes in the area faster.

McKinney is a huge value this year. It's fortunate for you, as a buyer, that there are homes in every price point available in McKinney, TX and it's your brief time in the power-position, if you can find the right neighborhood. It won't last long. We've already seen many of our communities in the DFW Metroplex rebound fully from the recession, and McKinney's housing market health is a mix between balanced market conditions in some neighborhoods to saturated market conditions in other neighborhoods. You better hurry. I just sold a home in McKinney in 8 days on the market and with multiple offers. Granted, that home was listed fairly, and is in the price point for the first-time home buyer $8000 incentive that is set to expire on 11/30/2009. There was some high motivation on that one. But, I've also seen the luxury homes getting great showing traffic in McKinney. Texas, especially DFW, has been a haven to which many people in the U.S. could retreat to lick their housing/economy/job loss wounds and begin anew. I've lived in DFW for 30 years, and sold real estate all over DFW for the last 8 years. Come at our reasonably priced market for housing knowing that comparative sales figures rule our market and Texans want a win:win or they'll have no problem ignoring your offer. Texas law does not require a seller to respond to an offer or give any preferential treatment to the first offer received. If you come at a McKinney home with the wrong idea of where it will sell, you'll very likely walk away without a home, because someone else did their homework and worked with a Texas Realtor.

Hi Robert,

These could be newer homes that are listed by the builder, as well, as an investor that bought a package.

You can set up your home search on our link at http://www.MyNTXHomeSearch.com. This allows you to search the MLS in multiple locations and save certain areas and properties of interest to you.

If I can assist you with your move by providing a relocation package or area information, please let me know.

You can also get information by zip code or area on our website via the "MLS Market Snapshot" button at http://www.TeamDowns.com.

Your real estate resource,
Amy Downs, Realtor
Amy Downs & Associates, LLC of
Keller Williams Realty
972.468.5136

Robert,
There were a lot of investors from out of state that bought in McKinney.
This could be the reason.
Sometimes it's just a matter of luck too. Sometimes you get 3-4 homes in a row for sale.
People seem to move a lot more here than in some other places. Not unusual to have 3-4-5& of the neighborhood for sale at any one time.

Bruce

Hi Robert,

Even as a REALTOR, I would never attempt to make a determination of the value of a community based on the number of properties for sale on one street or even an entire neighborhood. Foot Hill Road is in the North Brook subdivision of McKinney. There are 100 homes in North Brook and 14 are currently on the market. Of those 14 listings, 6 are active, 2 are under option contract and 6 have contracts pending. Of the 8 listings that are under contract, 4 were on the market for less than 23 days which indicates that the market is very active and the better value homes are being picked up quickly. The most relevant number here is the number of properties in escrow or under contract. It is validation of the fact that many first time buyers are active in the market in McKinney.

North Brook is a neighborhood with lower priced homes with great access to Highway 75, so it is a popular neighborhood with first time buyers who are taking advantage of the $8,000 tax incentive. These buyers are providing a welcome boost to our market right now and we appreciate their stimulus of our economy.

However, North Brook is just one very small neighborhood in a community that has just under a 1,000 homes on the market. According to the Collin County Association of Realtors, McKinney sales were up + 2.5% for August compared to all of Collin County which as a whole was down - 13.1% from August 2008 sales. Provide an email address if you would like a copy of the entire report.

But perhaps what you need to do is look at our community through the eyes of someone who has lived here for almost 20 years. I think it is a great place to live, raise a family, retire, whatever you're looking for. My only fear is that with the projected growth for McKinney in the next ten years will loose some of our small town character. But the growth won't hurt property values.

Come take a real look at McKinney. I'd be happy to show you around.

Of the 3 you mentioned 2314 is under an option to purchase contract and 2315 and 2324 are currently for sale, respectively for 352 days and 224 days cumulatively, dropping from $132k to 132k and $137k to $124k over those times.
Both of these homes are about 1,600 square feet, which is roughly 60% of the average size for the 979 listed properties in all of McKinney and about 50% of the average listing price.

The problem with statistics is that you can cut them any way you like. Should 4 houses that are about half the average size and half the average price, all for sale on the same block be used to draw a conclusion about a much larger area? Probably not.
You've been in line at the bank before when they had separate lines for each teller. Sometimes teller 1 has 4 people while teller 3 has 1, or teller 2 has the same number but teller 4's line is moving zippity zap. Statistics of small populations (t-stats) are highly unpredictable and extrapolations from 4 houses about an area with 115,000 people (2/3 of which are college graduates and only 2% are laborers and 60% are managerial/professional) , especially one with homes up to $2.7M, are simply not recommended.

I can safely say that 5 out of 4 people just don't understand statistics.

All of the homes in that area near Foot Hill are roughly 20 years old. That's about the time that children grow up and move out. So, is McKinney undergoing a crisis? I sincerely doubt it. There have layoffs at some major employers, some in defense, but in general the economy is faring far better than in other parts of the country at only 6.4% compared to 8+.

You can check out Sperling's opinion of McKinney for more information.
http://www.bestplaces.net/City/McKinney-Texas.aspx