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Dallas Relocation

Dallas Relocation


Dallas a top relocation spot in the country

For those of us who live here in DFW there is no place like home, but for the folks on the Coasts and in the upper Midwest they are starting to think of relocating. Unemployment in many places is in double-digits and the recovery is coming slower than many can wait. Bussines Week.com collaborated  with Moody's Economy.com to find out where the best cities for employment are for 2010. They ranked Dallas in the top 10 cities for 2010 employment. With companies like JCPenney, ExxonMobile, Fritolay, Ericsson and TXU Energy headquartered in the area this comes as no surprise that the recession hasn’t hit as hard. Likewise, Forbes.com lists DFW as a top 2010 city for recession recovery listing similar reasons of strong employment from companies such as Texas Instruments and TXU and strong housing prices. According to the much-watched Case-Shiller index of home prices, real estate in Dallas has fallen less from its peak than any of the other 19 cities tracked by the index.

Dallas relocations often lead to employment in the surrounding cities where many of the businesses sited above are located. Many result in home purchases in the northern suburbs of Allen, Plano, Frisco and McKinney where new subdivisions with golf course communities and exemplary school districts appeal to the needs of the families. Singles & others not looking for the white picket fences are also finding an attractive development in these popular cities like Prinstons, Anna, Melissa, Celina as well with the recent trend toward master-planned urban centers. These centers provide an urban lifestyle incorporating condos, lofts, retail, restaurants and bars all within walking distance in master-planned design.(Shops at Legacy in Plano and  Watters Creek in Allen)

One key aspect in making the transition a smooth one is that you find a professional Realtor who can find the Right Home while you focus on more important matters in these tough times. Keller Williams Realty Plano has the resources and relocation specialists to make this a positive change in your life. Whether you are looking for Allen real estate,  Plano real estate,  McKinney real estate ,  Frisco real estate or Dallas real estate, Keller Williams Realty Plano has a relocation specialist for you to assist you during this whole transition.

Call me at 214-471-3016 or send me a quick email at malik1963@gmail.com

 
Tarique Malik
http://www.northtxprop.com/

After the Tax Incentive

So what was the effect of the First Time Homebuyer Tax Credit? It may still be a bit early to tell, but one phenomenon is easy to indentify. The number of properties placed under contract in May 2010 was at its lowest level in years. However, this should not be surprising. Buyers in the market for the first time, or the first time in a long time, had plenty of incentive to get their contracts executed before May. The net effect was to accelerate what would normally have been May contracts into April.

If this were indeed the case, then April contract should have been at an all time high. And, yes, they were. April’s new contract numbers are larger than they had been in recent memory, validating the “hurry up” mentality in the market.

But this does not answer the larger question of whether or not the First Time Home Buyer Tax Credit achieved its purpose. The purpose was to stabalize the housing market and housing prices across the country by adding pruchase demand to the economy. The increased demand fueld by the tax credit should have placed housing prices in check. If this incentive had achieved its purpose, housing markets would stabalize and the incentive could be removed. The US government decided that the end of April was a good point to check this correction.

Base on information's from all sources, I think it will be late summer to early fall before we get a true reading on the full effect. I hope it worked, but I have the sinking feeling that it did not run for quite long enough. Jobs reports continue to be suspect with claims that the private sector is now paying the lowest percentage of wages since the Great Depression. This does not bode well for increased housing sales. Bully for the average American, savings rates are rising across the country, indicating that people have learned at leasst a partial lesson for the time being. However, that too means that large expenditures are being placed on hold.

I believe the housing market in total will continue to be fragile. But what about your home? What if you “have” to move?
The news can get better. While the housing market is fragile, it is also starved for quality product. I can’t tell you how disappointed I am with many of the hoomes that I tour. There are a number of inexpensive repairs that can be done to a house to get it ready to being to market. New carpet and paint, a deep cleaning and decluttering, inexpensive cosmetic updates, cleaning the yard, timming the bushes, removing debris, etc.
If you need to sell your exsisting home in DFW area, please give me a call. I would be morer then happy to schedule a walk-through and show you some of the easy things that will make your home sell fast, even in a less robust market.
For those inclined to move up, this remains the best of markets to increase your home size.

Thank you,
Tarique Malik.
Agent (SFR).
Keller Williams Realty, Plano
214-471-3016.
malik1963@gmail.com