4th Quarter Market Condition in Frisco TX
Thanksgiving are in sight. That means we are closer to the 4th Quarter…. We welcome you. The tail-end of 3Q has seen some significant slow down in the demands for housing in the Frisco TX and surrounding areas. Pending home sales are down.
There are some homes still getting multiple offers, but they are often in the model homes show ready. Frisco TX home buyers are not afraid to pay top dollar for their investments, and many shy away from homes not in tip top showing condition.
It will be interesting to see how 4Q will turn out. We expect the real estate market in Frisco TX to be stable heading into Winter 2013/2014. The mortgage interest rates have declined slightly (end of September 2013) with the Feds stating that they felt that the government would still need to assist in the housing recovery of the market.
Every neighborhood has its own subdivision statistics. It is important to work with a local Frisco TX realtor to assist you in your home search.
If you are considering selling or buying homes in the Frisco TX real estate homes market, please contact 3:16 team REALTY (214) 783-2210 to assist you in this transition. We will meet, discuss to see how we can best help you. We offer the latest technology in your home buying as well as selling tools. Just call us to schedule an appointment to see how we may help you.