McKinney TX Real Estate

Saturday, January 31, 2009

McKinney, TX Neighborhood Real Estate Report - Eldorado Heights 2008

Eldorado Heights is a large master-planned subdivision in the heart of McKinney, TX. Builders such as Lennar, Legacy, Drees, Buescher, DR Horton and Mercedes Homes built this sought-after community in the late 90's. In 2008 124 homes sold in Eldorado Heights, according to MLS statistics.

The low price went for $124,000 and the high price was $242,900, with sellers receiving 98% of list price on average. The average price per square foot was $74.22.

Of the 124 sales, 22 were either foreclosures or short sales (17%). This figure is an important one when determining value of the homes in the neighborhood. Foreclosures and short sales can drive down values, given that the motivation for selling the home is different than a normal sale.

Another interesting facts, yet a fact that is hardly ever revealed but SHOULD be, is the fact that 62 of 144 sellers contributed towards buyer's closing costs! 43%! Why is this so important? Let's say a home sells for $100,000. The sellers did not pay for any of the buyer's closing costs. Let's say their neighbors with the EXACT same floorplan and condition sells for $100,000, BUT also paid for $5,000 of the buyer's closing costs. Are these 2 offers equal? NO. The neighbor could have also sold the house for $95,000 and NO closing costs and the offer would have been equal. Closing costs need to be factored into comparables.

Below are how the 124 sales broke down, month by month:

January - 6 sales

February - 12 sales

March -8 Sales

April - 6 sales

May - 14 sales

June - 12 sales

July - 12 sales

August - 15 sales

September - 12 sales

October - 11 sales

November - 9 sales

December - 7 sale

If you're looking for a McKinney Realtor that KNOWS Eldorado Heights Real Estate, then give us a call!

Friday, January 16, 2009

Open House in Eldorado Heights this Sunday, 2-4

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Tuesday, January 6, 2009

How we became d + b real estate

What's in a logo?

What's in a name?

I'd like to be the first to introduce : d + b real estate! We are McKinney's newest Boutique Real Estate Firm. In starting a new company, the very first thing the owner must address is the company's branding. It's the logo. The look. The feel. It sets the tone of your business. It's permanent. It's significant. And I love mine.

Now I don't know if anyone has ever given a thorough analysis of their company's logo before. Maybe you've never thought about yours before. Maybe you're in the process of creating your own. Here's a few facts about d + b real estate...our logo and our name.


What's the "d" and "b" stand for? Great first question. Glad you asked! Since we are a family owned business, the letters stand for our last names. Kim Daugherty and Laura Barron. We're sisters. We're friends. We're partners in crime!

Why didn't you capitalize the letters? Ah ha! You've now pointed out the next most obvious thing! GASP! Why would we do such a thing? Don't we know that's bad grammar? Yes, we know. There are 2 reasons - I'll give you the least important reason first: we just like how it looked better! For the second reason you'll need to go a little deeper. And it actually ties in with the 3rd point, so I'll just move on to bullet 3...

I see you've used a "+" sign. Why not a "&" or "and"? OK, so maybe you didn't even notice this. The "+" is actually a very important part of the logo. You see, the "+" resembles a cross, yes? As followers of Christ, we believe that all good things come from God. We believe that without the cross, we only have each other. We believe that in order for our success to be real, it takes more than the 2 of us - more than the "d" and the "b". It takes 3. Christ is the backbone of our faith and the glue that holds us together. It represents WHO we are and WHAT we believe. It's a subtle reminder in our logo that no matter what, God's got our back.
And back to the lowercase letters...The "d" and "b" are lower-case because the attention doesn't need to be on US - we're not most important - it's our customers, our clients. We approach the job with a servant heart of putting the needs of others before ourselves.

I told you it was deep!

What's "Real Family" got to do with it? "Real Family. Real Estate." That's been our team's slogan even before we formed d + b. We are family, and we treat our clients like they are family. We wanted to carry it forward into our own company. And we don't just treat the clients that way, it extends to the agents in our office. We don't intend to grow into a mega-office. We intend to stay small, always remembering quality over quantity.

OK, this is obvious. Yes, for the logo we chose the "d" and "b" for obvious reasons.
Color scheme. What, you mean there's thought to it? YES!
Blue - It is often associated with depth and stability. It symbolizes trust, loyalty, wisdom, confidence, intelligence, faith, truth, and heaven.
Black - Black denotes strength and authority, power; it is considered to be a very formal, elegant, and prestigious color.

The doors are open for business! Come see us down on the square in Historic Downtown McKinney!

207 E. Virginia, Suite 203 - above Lavender House Tea Room, across from Aparicio's.

McKinney, TX 75069

If you are looking for a McKinney Realtor that specializes in McKinney Real Estate, then we welcome the opportunity to serve you. We are a full-service boutique real estate office, specializing in catering to our client's needs by providing excellent home marketing services, the best in customer service and educating our clients on the responsible way to buy & sell real estate in our economy, and in our market. When it comes to selling your McKinney, TX home, YOU HAVE A CHOICE! Call d + b real estate today at 972-838-5394.

P.S. Attention, Texas A&M grads - did I fail to mention the best part? We are Texas Aggie Owned and Operated! Gig 'em!

Monday, January 5, 2009

Meet d + b real estate's newest agent....Kathy Carico

About Kathy Carico

My Client-First Philosophy

There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how I work.

That said, in my experience as a McKinney real estate professional, I've also found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to your needs.

This "client first" philosophy has always been my approach and it requires me to continually improve my skills and ways of doing business. In addition, I've found that the latest technologies are enabling me to do everything I've always done, only much more quickly and efficiently. They've also helped me to extend the range of services I provide to my clients.

This year I am celebrating 19 years as a success Realtor in this area. So when you decide that you'd like to buy or sell a home in the Allen, McKinney, Frisco, Plano, Carrollton, Lewisville, Northeast Denton County,North Dallas areas, please contact me.


Just Listed: 5409 Highlands: $159,900

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