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Forney, TX Real Estate News

By MeLisa Minter, Realtor, Bay Area Houston Real Estate Agent
(Minter Real Estate Services)
  Are You Upside Down       with your mortgage? A SHORT SALE could be your solution. If you live in certain new communities in Forney, Texas, such as Travis Ranch, The Villages of Fox Hollow or the Trails of Chestnut Meadows, just to name a few, you are probably aware that there have been several foreclosures in your community lately.  Needless to say, these foreclosures have affected the Value of your Investment...Big Time!!If the Market Value of your property is considerably less than what you paid for it, say three to four years ago, then you are what we call in the Real Estate Industry, "UPSIDE DOWN" in your mortgage.  Meaning you owe more for the home than it is worth.  You are not alone, so don't feel discouraged.  But if you are getting to where you can't make the payments on you...
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By Suzanne Athey, Remarkable Property Management
(RE/MAX HiNet - Team Athey)
Windmill Farms Forney, TX Owning a home with your signature on it defines who you are. Working with our outstanding builders, you can create the home you have always wanted. Hundreds of designs, floor plans, options and upgrades give you the flexibility you'd expect from well-known builders like Woodhaven Custom Homes. With prices starting from the $140's to the $240's you can easily select a home that matches your needs with your budget, comforted by the knowledge you are making a sound investment in your future. Your friends will be envious. You'll be living!   For additional information and/or assistance finding your new home email us at suzanne@teamathey.com or visit our website at www.teamathey.com.  
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By Suzanne Athey, Remarkable Property Management
(RE/MAX HiNet - Team Athey)
Windmill Farms Forney, TX Owning a home with your signature on it defines who you are. Working with our outstanding builders, you can create the home you have always wanted. Hundreds of designs, floor plans, options and upgrades give you the flexibility you'd expect from well-known builders like Woodhaven Custom Homes. With prices starting from the $140's to the $240's you can easily select a home that matches your needs with your budget, comforted by the knowledge you are making a sound investment in your future. Your friends will be envious. You'll be living! Suzanne Athey is a native Texan who has watched Dallas and surrounding areas grow for more than 44 years.  With more than 16 years experience in sales, leasing, property management, and being a real estate broker Suzanne has also...
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By MeLisa Minter, Realtor, Bay Area Houston Real Estate Agent
(Minter Real Estate Services)
Do you currently live in the Forney, Texas area and can't sell your home because you're upside down in it? With today's market, many people are finding themselves in this situation for whatever reasons.  Some of you may be suffering from an ARM rate kicking in, others may be experiencing job loss, divorce or even job relocation issues.  If you are not familiar with Short Sales, you need to get familiar with it.  According to Realtor.com, the term Short Sale happens when "a seller's mortgage lender agrees to accept a payoff of less than the balance due on the loan."  But the key word here is ACCEPT.   The lender has to fully approve the request and this will either determine the price you could list your home at or if offers are already submitted, determine the price the lender has to cl...
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By Randal Newhouse
(Texas Premier Realty)
For homebuyers looking to have it all nearby then Travis Ranch is for you. This community features a breathtaking terrain of breathtaking terrain and spectular view of Lake Ray Hubbard and, in the distance, the skyline of downtown Dallas. Travis Ranch offers residents:   Only 20 minutes from Dallas Forney ISD Inline hockey rink, playground and pavilion Barbeque facilities, splash park and a pool Proposed lakeside park with amenity center Starting at $140,000.00 Click Here To View Video   Keep up with local real estate information. It is free and easy to use.   Free Market Analysis North Dallas Lifestyle   The internet is the most efficient way to locate real estate in the Dallas market. Or is it? Homebuyers spend hours searching site after site trying to find the perfect home at the bes...
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By MeLisa Minter, Realtor, Bay Area Houston Real Estate Agent
(Minter Real Estate Services)
In my last blog, I highlighted the historic homes of Terrell, Texas and the best place to find them, on Griffith Avenue.  I also mentioned that I would provide a list of great antique shops in the area. Below is a list of antique shops in Kaufman County, Texas that can certainly help you furnish your historic home.  Be mindful that there are certain things you need to know and be aware of when you are antique shopping. First, not all antiques are antique.  Be sure to check out the finish very thoroughly.  You want to be certain that the piece is constructed of natural wood and not plywood, or MDF.  If should look OLD. If you don't know what to look for, take a friend along who may have a little more experience. Next, make sure that everything is orignal and that it matches, especially i...
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By MeLisa Minter, Realtor, Bay Area Houston Real Estate Agent
(Minter Real Estate Services)
While Forney, Texas has become one of the hottest spots east of downtown Dallas, Travis Ranch may be getting a huge reality check. A couple of years ago Travis Ranch was the place to be in Kaufman County.  You had this great master-planned community with a grand amenity center with a huge Olympic style pool, inline skating for the kids, walking trails, parks, and of course new schools right in the community.  It had pretty decent builders such as David Weekly Homes, Ryland Homes, Horizon Homes and the now restructured Kimball Hill Homes.  Well that was then, this is NOW. NOW!! meaning that Travis Ranch has had some pretty stiff competition come into Kaufman County in the last two years.   With communities such as Heartland, The Villages of Fox Hollow, The Trails of Chestnut Meadows, eve...
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By MeLisa Minter, Realtor, Bay Area Houston Real Estate Agent
(Minter Real Estate Services)
For those of you who don't know, Forney, Texas is bringing another new masterplanned community to its already over Masterplanned City. The Devonshire is already up and running and it is a HUGE Masterplanned Community.  With at least eight builders, the prices are ranging from $150's to the $600's.  Now imagine that! What a huge price range.  We have never seen anything like this in our county and I'm sure that the Urban Sprawl makes this all necessary, but are we really ready for this?? The intersection of FM 548 and Highway 80 is already a mad-house and since this intersection is where most of all of the Retail in Forney is located, adding another 921 acre masterplanned community is only going to make it more of a nightmare.  Currently, the market in Forney is suffering, especially for...
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By Laurey West
(RE/MAX Platinum)
I just read an article from SOUTHWEST ECONOMY called "Texas Growth Slows But Remains Healthy".  Some key points the article shared:-The single family housing sector remains weak.  Builders continue to pull back on new-home construction.-Sales of existing homes remain on a downward track.  Inventories of existing homes for sale have risen to just over the equilibrium mark of the six months. -Delinquent subprime mortgages continue to inch up in Texas.  The state's delinquency rate is higher than the national average, but its foreclosure rate remains below the nation's.-The Texas economic outlook is positive moving in to 2008.  Housing woes are beleaguring the national economy, but Texas markets, while weak, have held up better than many other areas of the country.As a realtor, I think thi...
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By Laurey West
(RE/MAX Platinum)
As a local real estate agent, I was thrilled to learn the following news through another community blog:Forney Regional Medical Center & Forney Medical Plaza Update  Filed under: Life in Forney, Commercial Development - Josh at 2:03 pm on Monday, January 21, 2008 This past Friday, Cirrus Health announced that the land on which Forney Regional Medical Center will be located has been officially purchased. Forney Regional Medical Center will be located along FM 548, at the intersection of FM 548 and the yet-to-be-built Rogers Parkway, south of Highway 80. The 102,000 square foot hospital will include an emergency room, an obstetric unit with four birthing rooms, two procedure rooms, four operating rooms, a heart cath lab and an initial capacity of 40 beds. The hospital could create up to 1...
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