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January 8, 2009


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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Plano, Texas

Reported by Andy & JoAnn Petrosino, REALTORS®, CRS, CHMS, CNS, GRI

Updated December 21, 2008.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




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2
3
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5
Falling

Rising

One of the "Stars" in the Metroplex Real Estate Community is Plano. That notwithstanding, according to the North Texas Real Estate Information System (NTREIS), this well-loved city showed a decrease in Average Sales Price in November '08 of 25.87% over November of '07. There were 104 fewer transactions that closed, in comparison to last year's Stats,

All of these figures are against a backdrop of several communities suffering losses in their overall numbers, highlighting Plano as one of the stronger cities. It is one more example of the cyclical nature of Real Estate, which remains one of the best investment vehicles in Texas. It is also evidence of not being able to accurately report market conditions nationally, as the media continues to report doom and gloom for Real Estate ... not so in Plano!



ZIP Codes: 75093, 75075, 75074, 75024, 75023

Location Characteristics: One of several Bedroom Communities surrounding Dallas, Plano is a well-established City featuring fine restaurants and shopping, including Collin Creek Mall, Central Market and Whole Foods (2 premier Grocery/Restaurant facilities), theaters and access to Downtown Dallas and all surrounding communities.

Plano remains a highly sought after and appreciated community. Well situated to reach all significant destinations, with George Bush Tollway (190) flanking the southern border, and 121 flanking the northern border, SH 75 to travel north/south to Downtown Dallas, and easy access to the Dallas North Tollway (north/south). Andy and I, as Realtors®, always enjoy both marketing in Plano to and selling properties to prospective Buyers who are seeking a home in a well established, well-run City.

Give us a call. We would enjoy helping you in your consideration of this community as a possible area for relocation.

For More Information:

View Market Conditions of other areas served by Andy & JoAnn Petrosino

Navigate: Top > Texas > Plano

About Andy & JoAnn Petrosino:
In Real Estate, the Clients’ needs and interests should always come first. Additionally, Clients are best served by developing a Professional Partnership with a Realtor® who will do just that ... put them first. Multiply that attitude by two, and you have The Petrosino Team.

As Real Estate Professionals, we consider ourselves to be in Service rather than in Sales.

First and foremost we listen. We listen for expressed and unexpressed hopes and expectations. Then we develop a plan to best meet those needs and desires. We become our Client’s advocate and partner, guiding and educating throughout the complex process and negotiation. All activities are targeted to produce a positive and successful conclusion.

For Sellers our goal is the same as theirs, the sale of their home in the shortest possible time for the best possible price, developing a marketing plan uniquely designed for their specific property. For Buyers our goal is a successful search and negotiation for the definitive home of their dreams, educating and guiding them in the very complex and exciting process of purchasing perhaps the single largest investment they will ever make in their lifetime.

Dedicated to building relationships for life, we remain available for years beyond the closing, with professional real estate advice, significant real estate information, updates on market conditions, and current Comparative Market Analyses on our Clients’ homes.

By consistently delivering beyond expectations, we receive the greatest compliment our Clients can give ... enthusiastic recommendations to their friends, family and business associates with Real Estate needs.

We would consider it a privilege to serve you as well.



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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