Market News

The new year looks to be starting off fairly strong. Despite a wintry brew of weather, a lot of activity is beginning in the new and existing home markets around here. As interest rates begin going up again, a lot of buyers are getting off the fence.

One area I have been looking at recently is the expansion the Wylie area and eastern Lake Lavon are experiencing. With new commercial developments in the area, residential communities are continuing to grow around the lake. One area of particular interest I visited this week is D.R. Horton's Grand Heritage master planned community in Lavon.

I was very impressed with their country club type community building, professional style exercise wing and their terrific pools with Olympic swimming laps. For folks looking to live away from the suburban hubs, these master planned communities offer many of the amenities you would not otherwise be able to find in smaller communities. D.R. Horton has always been one of my favorites for an excellent reputaton with my clients for their warranty  and after sale service.

And they are still available for the USDA 100% loans in Lavon, but time is quickly running out for that program as this area grows out. If you'd be interested in exploring this community give me a call and I'll be happy to arrange a first class tour for you.

Of course for those wanting something closer to the metro area the eastern corridor of the new George Bush Turnpike continues to bring new jobs and development to Rowlett and Garland. If you hear of anyone wanting to make a move soon I have a couple of terrific homes I 'm marketing now in Plano and a great rental in N. Garland.

Best Regards,
Greg Foster