Market News

As we begin to wind down in the 1st quarter we still see good signs for our local housing markets. One of the strongest areas in the state, the northeast Dallas metro area continues to see a slight uptick in overall sales and some significant sales price gains for the Plano area. I have been getting much more traffic at my open houses than in the past, with a lot of folks beginning their search with expectations of making their moves in early summer. Additionally, I have been seeing more out of state home shoppers, a further reminder of how many areas are still flocking to Texas for our favorable economy and of course our great climate and quality of life.

The state is helping with some significant economic development initiatives that look to be having some positive effects. Richardson this week hosted a visit from Gov. Perry and announced another business expansion in Richardson as a result of those intiaitives that will contribute to building new jobs and adding revenues. Plus, sales tax revenues in general are up, so all in all, there are a lot of good indications for all of our communities.

Brookdale Living: Chambrel at Club Hill

I'm giving a little landlord information presentation this month for Chambrel at Club Hill, in Garland, an independent living and assisted living community for seniors. I'll be discussing options available to help folks that want to simplify their lives but need to hang on to their homes, either waiting for stronger market price improvements in order to sell or looking to use their homestead as rental income to maintain the stability of their estates. I'll be covering the pros and cons of being a landlord and help you determine if this option is right for your particular circumstances.

Whether you're ready for downsizing yourself, or maybe your parents have thought of it but are a little apprehensive, you'll want to stop by and visit. Chambrel is unlike most independent living facilities around Dallas. With plenty of trees and open spaces, complete community facilities, recently remodeled homes with large clubhouse and award winning chefs & dining facility, I am very confident you'll find it a must to consider.

My presentation will be Wed., March 23rd from 6:30 p.m. - 7:30 p.m. Refreshments and tour of facility available so please be my guest and come visit if you're interested. Generous veteran assistance available. Chambrel at Club Hill, 1245 Colonel Dr., Garland, 75041 RSVP to Cheryl @ 972-278-8500.

Visit Chambrel at Club Hill

Best Regards,
Greg Foster