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Keller Williams Realty

Thursday, September 20, 2018

Frisco - best place to live in America

​​​​​NEW YORK CITY (Money) – Frisco is the best place to live in America, according to rankings from Money. ​​

With a median family income of $129,118, the North Texas city had a median home price of $349,000 as of first quarter 2018. The home price to income ratio is 2.7.

Projected job growth from 2017 to 2022 is 14.9 percent, according to Moody Analytics. Corporations like T Mobile and Oracle have offices in the city.

Frisco grew from 6,500 people in 1990 to nearly 180,000 residents. The average commute is 30 minutes, and the high school graduation rate is 98 percent. There are 232 clear days per year.

​Other U.S. cities in the top ten are:
  • Ashburn, Va.;
  • Carmel, Ind.;
  • Ellicott City, ​Md.;
  • Cary, N.C.;
  • Franklin, Tenn.;
  • Dublin, Calif.;
  • Highlands Ranch, Colo.;
  • Sammamish, Wash.; and
  • Woodbury, Minn. 
To come up with the 2018 rankings, Money looked at schools, economies, crime, diversity, and culture. The magazine used realtor.com housing data and added a new metric comparing home prices with income. ​​

Friday, March 9, 2018



Here are the top ten states with the highest property tax.
Thanks to WallHub for the information. You can see all of the states by clicking their report below.
 
States with Highest Real-Estate Taxes

States with Highest Vehicle Property Taxes
T-41
New York

T-41
New Hampshire
T-41
Rhode Island

T-41
Wyoming
   43
Michigan

   43
Kansas
   44
Vermont

   44
Massachusetts
   45
Nebraska

   45
Maine
   46
Texas

   46
Missouri
   47
Wisconsin

   47
Connecticut
   48
Connecticut

   48
South Carolina
   49
New Hampshire

   49
Mississippi
   50
Illinois

   50
Virginia
   51
New Jersey

   51
Rhode Island

in order to determine who pays the most relative to their state, the personal-finance website WalletHub today released its
 
2018 Property Taxes by State report, which compares home and vehicle taxes across the nation and features insights from a panel of experts.

Friday, November 10, 2017

Wondering If a Fixer-Upper Is a Good Investment?

Homes needing a little TLC are going on the market in the midst of increased buyer demand, and regardless of how much work these homes require, they are selling quickly and at high prices. These high-priced houses, which are listed with descriptions like fixer-upper, TLC and needs work, are in competitive markets and rising in number. 
Here’s a breakdown of why more fixer-uppers have come to the market and what buyers should know about investing in them.

Why Are So Many Fixer-Uppers on The Market Today?
Due to rising home prices and intense buyer competition, homeowners are listing and selling their homes as they are rather than spending time and money fixing them up. The number of expensive houses selling under this category has skyrocketed, while the quantity of more affordable homes has increased at a much slower rate. Because there are fewer homes than buyers on the market, the demand for housing guarantees that sellers who list their homes in need of work will still sell them.

What to Watch Out for when Purchasing a Fixer Upper
Homes are selling in a flash and going for high prices, so sellers can list them the way they are and expect them to sell after limited time on the market. As a result of this seller-dominated market, there’s a number of things every buyer should know before he or she commits to purchasing a fixer-upper. Whether you have the funds for all of the required renovations or plan to work on one project at a time, keep these tips in mind to make the most of buying a house that needs a little work.

Inexperienced Professionals 
Only hire experienced, well-reviewed architects and contractors for design and construction. This way the work on your house is completed properly and on time.

Easy Renovations  
Fix up your new house yourself to save money and achieve rewarding results by aiming for minimal renovations you’ll enjoy doing.

Structural Issues and Impending Replacements
Hire a home inspector independent of the seller and broker to evaluate the house. A good one will help you learn about the home’s faults and needed repairs before you make an offer.

House Value Boost
Pay attention to how much you’re spending on home upgrades, making sure the value of your house will increase and compensate for the renovation costs.

Zoning Restrictions

Learn about the municipality’s zoning districts and the corresponding restrictions to be sure you’re permitted to change the house.

For those looking to invest in a home soon, a fixer-upper is worth considering. For more information on the fixer-upper market, feel free to contact us today.
Steve Trosclair

Keller Williams Realty

972-979-1152

Steve@HomeTexas.com
www.HomeTexas.com