A popular and well known are in Texas is Collin County, a North Suburb of Dallas County.  This is where you can find many of the top 5 safest cities in the United States of America.  To mention the few in the center of Collin Collin County are Plano, McKinney, and Frisco.   These areas have a median range of about 650K for the average home.  Although, these homes were designed with decent size yards and living areas, the community has become increasingly populated over the last 10 years.   Many locals and those who want to live in the county of Dallas Texas are seeking to live on larger lots in less populated areas on the edge of Collin County.  One of the up and coming areas is Blue Ridge.  Buyer can find large lots, new custom home options, and older homes to be renovated as investing opportunities.  The city 15 mins from the main 75 Hwy in Anna Texas.  Blue Ridge is an affordable area to own a simply great county home without the crowds of the city, however its close enough to the city for the entertainment and hussle as needed.   Omega Mejia is the local expert with Simply Great Real Estate Group that can secure you a simply great home in the North Texas Area.  Contact her at 214-295-7341 for a your consultation now.  

As the real estate market continues to evolve, new builders are becoming increasingly competitive by dropping their prices to help homebuyers with the costs associated with buying a new home. This trend is evident in the suburbs of Dallas, Fort Worth, Denton, and Collin, where new construction prices are now lower or similar to those of current older homes.  Remember don't ever go into the new builders homes without an agent.  Many would rather you not have representation and save their money on paying your REALTOR.  They will not drop their prices for you for any reason but your REALTOR like Omega Mejia will look out for your best interest, be sure your needs are being heard by the builder and support you with every resource possible.  Depending on the situation she may able to offer you more incentives or rebates.  For buyers who are looking to purchase a home in any of these areas, this is great news. This price reduction means that new homes are now more affordable than ever before, making it easier for first-time homebuyers and those with lower budgets to invest in their dream home. In the current market update, we are seeing that new builders are not only dropping their prices, but they are also offering incentives such as upgraded finishes, free appliances, and closing costs to attract potential buyers. All of these perks combined make it an excellent time to consider buying a new home in the suburbs of Dallas, Fort Worth, Denton, or Collin. Moreover, new construction homes come with the added benefit of being energy-efficient, which is a big draw for many buyers. These homes are built with the latest energy-saving techniques and materials, which can translate to significant savings on utility bills in the long run. Additionally, new construction homes come with warranties that protect buyers from unexpected repairs and maintenance costs. If you are in the market for a new home, it is worth considering new construction homes in the suburbs of Dallas, Fort Worth, Denton, or Collin. With lower prices and added incentives, it has never been a better time to invest in a new home. The benefits of energy efficiency and warranties provide added peace of mind and make new construction homes an excellent choice for those looking to buy a home in today's market. In conclusion, the current trend of new builders dropping prices to help homebuyers with costs is great news to buyers. With new construction homes being priced lower or similar to current older homes, buyers have more options to chose from. Moreover, builders are offering incentives such as upgraded finishes, free appliances, and closing costs to attract potential buyers. New homes come with the added benefit of being energy-efficient and come with warranties that protect buyers from unexpected repairs and maintenance costs.  Call Omega Mejia and her team at Simply Great Real Estate Group to have her schedule a consultation with the new builder in your area of choice.  Don't miss out on these great deals during the Fall.  The new year will bring increases in pricing and mortgages are still unpredicatable.  You can always refinance but the price of the homes are continually increasing by 3-5% each year.  

Frisco, Texas July Market analysis: Today, Omega Mejia, expert real estate agent for the North Dallas Regional Area,  will delve into the fascinating world of real estate metrics and explore the correlations between some key indicators that are of utmost importance to both buyers and sellers. So, let's dive right in to the Frisco Texas real estate metrics! Firstly, let's examine the Months Supply of Inventory, which currently stands at 2.32. This metric represents the number of months it would take to sell all the available homes in the market, assuming no new listings are added. A lower number suggests a seller's market, indicating high demand and potentially driving up prices. Now, let's consider the 12-Month Change in Months of Inventory, which showcases a decline of -13.43%. This reveals a significant decrease in the number of months it would take to sell all the available homes compared to the previous year. Such a decline signifies a tightening market, with homes being sold at a faster pace. Moving on, we come across the Median Days Homes are On the Market, a metric that currently stands at a mere 19 days. This indicates that homes are selling relatively quickly, which is excellent news for sellers. Buyers, on the other hand, might need to be prepared to act swiftly in order to secure their desired property. Next, we have the List to Sold Price Percentage, which currently sits at an impressive 99.6%. This metric measures the percentage of the listing price that a home ultimately sells for. A higher percentage implies that sellers are able to secure close to their asking price, indicating a strong seller's market and potentially leading to multiple offers. Lastly, we have the Median Sold Price, which currently stands at a substantial $702,000. This metric represents the midpoint of all the homes sold in the market, showcasing the prevailing market price. This figure serves as a vital reference point for both buyers and sellers in determining their own pricing strategies. Now, let's analyze the correlations between these metrics. The low Months Supply of Inventory, combined with the declining 12-Month Change in Months of Inventory, suggests a tightening market with high demand and homes being sold at a faster pace. Furthermore, the Median Days Homes are On the Market being only 19 days solidifies this notion of a fast-moving market. The List to Sold Price Percentage of 99.6% indicates that sellers are able to command close to their asking prices, which in turn contributes to the high Median Sold Price of $702,000. These metrics together reflect a robust seller's market, potentially leading to increased competition among buyers. For buyers, this means they should be prepared to act quickly and make strong offers in order to secure their desired property. On the other hand, sellers can take advantage of the current market conditions to potentially achieve a higher sale price and a quicker sale. In conclusion, the correlation between these real estate metrics paints a vivid picture of a dynamic and vibrant market. Buyers and sellers alike should be aware of the current state of the market and adjust their strategies accordingly. With low inventory, a declining supply, homes selling quickly, and strong prices, it is an exciting time for both parties in the real estate arena. Selling prices fluxuate between each Frisco Texas community due to several factors.  Sellers, ask Omega Mejia what your home is worth and how you can sell your home, now, during a favored sellers market.  Buyers, ask how you can Omega Mejia can assist you with resources to finacially prepare for you future home.