Archive for the 'Frisco Homes for Sale' Category

By ELIZABETH LANGTON / The Dallas Morning News
Frisco is projecting a $3 million gap in this year’s budget, prompting immediate spending cuts and a hiring freeze, officials said this week.
While the city’s property and sales tax revenues remain at or near projected ranges, earnings from building permits and interest are well below budgeted levels, Assistant City Manager Nell Lange said.

In response, city staff has been directed to cut 4 percent from each department’s budget and freeze 28 open jobs. The cuts will not require layoffs, Lange said.

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February 25, 2009, Austin Business Journal

A February survey of public and private builders across the country from John Burns Real Estate Consulting shows that Texas saw new home sales, traffic and expectations pick up in January. The survey gathered information from 236 home building industry executives.

“I spent several days in Texas this month and can confirm that the pick-up is real and is driven by lower mortgage rates in an area where home price appreciation was insignificant and the economy is still OK,” said John Burns, CEO of Irvine, Calif.-based John Burns Real Estate Consulting.

However, Burns said, new home prices are still trending downward everywhere, including Texas.

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Beautiful home built by award winning America’s Best Builder in 2008 Drees Custom Homes. What a great family home. A gourmet kitchen with stainless steel appliances, granite countertops, huge island and walk in pantry. Built-ins galore, wood floors, gated drive, exquisite media room with wet bar. Large backyard on a corner lot. Fence has a electronic gate. Your family will love this home.

5 Bedrooms - 5 Bathrooms
5,327 Est. Sq. Ft.

Listing # 11067539