My Market Overview for Frisco, Allen, Mckinney
By Collin Duke, Duke of Real Estate, Realtor, Collin County, Frisco TX
(Coldwell Banker Apex, Realtors)
The Tortoise and the Hare Real EstateWhile Collin County (Frisco, Allen, McKinney, Plano)and surrounding areas are not immune to the national climate, the area trends have continued to buck the national trends. While many areas of the country were seeing 10% to 20% annual appreciation and sometimes higher appreciable levels over the last few years, we in the Collin County were logging a whopping, but continual, 4% to 6% appreciation. While this years appreciation has been minimal, the fact that it appreciated and did not depreciate as in many areas of the country points to a local strong economy and overall positive Real Estate conditions over the long haul. This does not bode well for the short term investors, but the average home owners still have a positive outlook. The Duke of R...
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