Forbes Names McKinney, TX 9th Best Place to Live in US

July 13, 2009 - Pegasus News - McKinney was recently named as one of the 25 Best Places to Move in the country by Forbes.com, coming in at #9. Out of the list of 25, six cities are in the Dallas metropolitan area, including Flower Mound at #6, Frisco at #7, McKinney at #9, Carrollton at #12, Allen at #19, and Plano at #25.

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New Dallas apartments offer a view that won’t go out of style

By STEVE BROWN / The Dallas Morning News

From the upper floors of the Heights at Park Lane apartment tower, you can see the Dallas skyline and – on a clear day – even make out downtown Fort Worth.But the best view is of the big Macy’s, Nordstrom and Dillard’s department store signs just across North Central Expressway at NorthPark Center mall.

“We are within walking distance of 3 million square feet of retail space,” said Bryant Nail, senior development officer for builder PM Realty Group. “There is really nothing like this in Dallas.”

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Far North Dallas homes offer distinctive features

Award-winning Cambridge Homes presents Cambridge Gate, a secluded, gated enclave of luxury patio homes located on the west side of Preston Road, just north of Frankford.

Widely recognized for fine design, Cambridge Homes specializes in creating carefree “adult lifestyle” homes. According to Phyllis Firebaugh, sales manager for Cambridge Homes, “These beautiful patio homes are designed for discerning adults of experience and taste. They love the fact that they don’t have to give up fine quality and excellent design just because they no longer need large numbers of rooms”.

Cambridge’s award-winning, carefree patio home designs range in price from the $300s to the $800s. The Designer Model Home at 6169 Stapleford is open from noon to dusk daily or by appointment.

For additional information about Cambridge Gate, call 469-446-2885 or visit www.cambridgehomes.biz.

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Development showcases European-style homes, lots

May 17, 2009

Chapel Creek features Old World style in Frisco, offering custom homes and lots in a setting surrounded by creeks and winding trails.

This LandPlan development features a collection of European-style designs – custom homes and estate homes – priced from the $800s to more than $3 million.

Chapel Creek is one of the fastest-selling communities in the area, offering lots for single-household development in west Frisco. Additional lot discounts are available through May 2009.

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Dallas foreclosure auction buyers finding bargains

By STEVE BROWN / The Dallas Morning News

Buyers of foreclosed properties are getting big bargains, according to a new report.

Properties bought at foreclosure auctions in North and Central Texas sold for an average of 64 cents on the dollar, according to a new report by Addison-based Foreclosure Listing Service.

Still, not many consumers are buying those properties on the courthouse steps. Most are third-party buyers or lenders.

In Dallas County this month, only 36 of the more than 700 properties sold at foreclosure auction went to outside buyers. In Tarrant County, it was 29 out of 521.

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Survey shows Dallas-area home prices gained nearly 2%

By STEVE BROWN / The Dallas Morning News
Most Texas home markets continued to eke out tiny increases in home prices in early 2009, according to a new report by First American CoreLogic.

Texas home prices were up by just less than 2 percent in the California-based housing analystÂ’s latest survey released Monday.

While Texas prices rose, nationwide home prices in January fell by 11.6 percent compared to a year ago to the lowest level in almost five years.

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Dallas community calendar

AREA

GriefWorks offers anticipatory grief support services to children ages 5 to 18 and their family members who are dealing with an anticipated death of a loved one. The center is at 6320 LBJ Freeway, Suite 126. To schedule an appointment, call 972-960-9981.

Academic Year in America, a program of the AIFS Foundation, Foreign Exchange Program, seeks host families for August to host foreign exchange students for five or 10 months. Families may choose the student, country and time of hosting. Students have their own insurance, spending money, clothes and personal products. Contact Dorothy Brown at 214-762-1418 or dorothybrown34@aol.com.

DOWNTOWN

The Black Academy of Arts and Letters presents “Comedy Night at the Muse” featuring comedian B-Phlat at 9 p.m. Friday and Saturday at the Dallas Convention Center theater complex. Tickets are $15. Call 214-743-2400 or visit www.tbaal.org.

Dallas Genealogical Society presents a seminar on Irish genealogy led by Paul Milner from 9:30 a.m. to 4:45 p.m. Saturday at the J. Erik Jonsson Central Library, 1515 Young St. Voicemail, 1-866-968-2347 or www.dallasgenealogy.org.

The Dallas Museum of Art celebrates Black History Month with a lecture, Ancient Egypt and Africa/Egypt in Africa, at 1 p.m. Saturday. Vicki Meek, manager of the South Dallas Cultural Center, and internationally renowned biological anthropologists Michael Blakey, College of William & Mary, and Shomarka Keita, Smithsonian Institution, will lead discussion on the ancient Egyptians and the newest technology being used to research the civilizations of ancient Africa. $15; discounts available for members, seniors and students. Reservations required. For tickets, call 214-922-1826. For details on all Black History Month programs at the museum, visit dallasmuseumofart.org.

The Old Red Museum of Dallas County History and Culture will present “Your Dallas: Carrollton Connections,” an exhibit on Carrollton’s history and development, through May 10. The exhibit, second in a series on Dallas County’s cities and towns, may be viewed in the first-floor gallery of the museum, 100 S. Houston St. The exhibit entry is included in general museum admission or available separately for $3 for adults and $1 for children. The museum is open from 9 a.m. to 5 p.m. daily. For group reservations, call 214-745-1100. www.oldred.org.

Dallas-area home prices a mixed bag in fourth quarter

By STEVE BROWN / The Dallas Morning News
Feb 25, 2009

So whom do you believe?

Dallas-area home prices were down 4.3 percent in the fourth quarter of 2008 from a year earlier, according to the latest Standard & Poor’s/Case-Shiller Home Price Index.

But just minutes after Case-Shiller disclosed its estimates for the area Tuesday morning, home market analysts at the Federal Housing Finance Agency said prices in the Dallas area were up 1.86 percent in the fourth quarter compared with a year ago.

Two weeks ago, another closely watched report from the National Association of Realtors said area home prices were down 4.8 percent percent in the fourth quarter.

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Dallas-area homes have become more affordable

By STEVE BROWN / The Dallas Morning News
Falling home prices and mortgage rates have made Dallas-Fort Worth even more affordable for residential buyers.

At the end of 2008, more than 67 percent of the homes sold in the D-FW area were affordable for residents earning the area’s median family income, according to a new report by the National Association of Home Builders.

That’s the D-FW area’s highest affordability ranking in four years.

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Study finds Dallas-Fort Worth home prices up 2%

By STEVE BROWN / The Dallas Morning News
What home price decline?

Most recent studies show home prices in Dallas-Fort Worth decreased slightly last year, but a new report disagrees.

First American CoreLogic Inc. says in its latest study that home prices in the D-FW area were up almost 2 percent at the end of 2008 compared with a year earlier.

Nationwide prices were down 11.1 percent, according to the same report.

The study released Wednesday runs counter to others that say median home sales prices fell here in 2008.

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