Even as the fall semester starts and temperatures begin to drop, North Texas real estate continues its record-setting hot streak. Out of the 300 cities studied in WalletHub’s recent report of 2017’s Best Real-Estate Markets, three local markets reigned supreme. From home appreciation, to sales turnover, to job growth, Frisco, McKinney, and Allen top the charts for the very best places to make your real estate investment. In fact, with Richardson sneaking in at No. 5, and Carrollton snagging the No. 8 spot, five of the top 10 best markets in the country are all within a handful of miles.

For long-term growth, equity, and profit, there’s no need to look beyond our own backyard!

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Ebby Halliday Helps First-Time Homebuyers Find Their Perfect Properties | CandysDirt.com

A new WalletHub study paints an exciting picture for DFW. Four North Texas cities were named in the top 10 places nationwide for first-time homebuyers: McKinney, Frisco, Allen, and Richardson. 

The Ebby Halliday Companies, which includes Dallas-based Ebby Halliday Realtors and Dave Perry-Miller Real Estate, as well as Fort Worth-based Williams Trew Real Estate, garnered 11.13 percent of the North Texas market last year, including a significant share of the market in each of those four cities.

For first-time homebuyers, having that kind of expertise in their corner means expert navigation of our competitive market and help finding and landing the home they want at a price that works. 

We’ve found four beautiful Ebby listings in these four top cities, houses that would make great buys for a first-time homebuyer. All are under $375K and offer lots of space and amenities. Let’s take a look. 

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Even amid growing concerns over affordability and inventory, Dallas-area small- and mid-sized cities remain some of the hottest in the country for first-time buyers. Just this week, McKinney, Frisco, and Allen took top honors in a new study by WalletHub, making them the three best housing markets in the United States for new homebuyers. Richardson came in not too far down the list at No. 7. Not too shabby!

As for large cities (populations over 300,000), Dallas itself didn’t quite crack the top 20 (it’s still a respectable number 26). But Forth Worth represents at No. 5. Stick around after the jump to see what criteria makes a city most appealing. Visit here to see if your city made the list.

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Mckinney greener 1

Roofers likely started work on the wrong house Thursday in McKinney, but the Greener family is now left with a mess and no clue as to who started the job and then left. (Photo courtesy Paige Greener)

The Greener family got a rude awakening Thursday morning — literally.

They were sound asleep when they heard someone on the roof of their McKinney home. Now, they weren’t frightened — they had begun work on getting a new roof thanks to a recent storm that pelted their neighborhood with hail — but they were a little confused.

The work on their house hadn’t been scheduled yet. In fact, the Greeners were planning to wait until after storm season to start the job for a variety of reasons. The family then contacted the contractor they had hired and sent him pictures from their security camera of the crew that had been on their roof, and he confirmed that the men were not working for him.

Just as abruptly as they began work, they left — with the Greener’s roof half demolished, and left exposed to the elements.

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Best real estate markets 2016

Nearly a decade after the housing crisis that sent the U.S. economy into freefall, housing is most certainly back—just look at our DFW market. Citing U.S. Census Bureau data, the New York Times recently reported that sales of new single-family homes nationwide were higher this past July than in nearly 10 years.

Nationwide, a company that tracks the health of U.S. real estate, reported at the end of quarter two that “the overall U.S. housing market is sustainable,” adding that “few regional housing markets are vulnerable to a housing downturn.”

In a new study, financial services site WalletHub compared 300 U.S. cities across 16 key metrics to help prospective home buyers find the most attractive real-estate markets. Their data set ranges from “median home-price appreciation” to “housing affordability” to “job growth.”

North Texas cities scored big: Frisco, McKinney, Richardson, Allen, and Plano made their top-ten list of best real estate markets nationwide in 2016. Denton, Carrollton, Fort Worth, Irving, Grand Prairie, and Dallas scored in the top 50.

So what made DFW cities score so high?

“North Texas cities have healthy and sustainable real estate markets,” said WalletHub analyst Jill Gonzalez. “Very few homes have negative equity, home appreciation in the past seven years has continued to increase, and foreclosure rates are extremely low. In addition to having a healthy real estate market, these cities are affordable with low maintenance costs and cost of living. Not to mention, the economic environment in North Texas is thriving, boasting some of the lowest unemployment rates in the country (under 3 percent across the board).”

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H-E-B

DFW Internet was set ablaze yesterday after H-E-B announced the purchase of six Sun Fresh Market stores in the area. (Photo by Dave Stone/Flickr)

Monday afternoon, the Dallas-area Internet exploded: It wasn’t just a rumor, the long-desired H-E-B grocery store chain had bought up six Sunfresh Market sites — four in Dallas, one in Grapevine, and one in McKinney.

Interestingly enough, it seems like the drumbeat for expansion may have been happening even earlier than this, judging from this thread in Retail Watchers.

As neighborhood NextDoor pages and Facebook groups filled with the requisite 15 reposts of the same Dallas Morning News article, people began to express their joy at the possibility of the area finally getting the stores that are ubiquitous in Central and Southeast Texas, but not so much around here. They also began to guess about which it would be – Central Market, or H-E-B. (more…)

Ebby Halliday Collin County

From left, Ebby Halliday, her brother and Executive Vice President Paul Hanson, Ebby’s first sales associate Mary Lou Muether, and Mary Frances Burleson, who today is President and CEO of the Ebby Halliday Companies, celebrate the opening of the Plano office in 1972.

With thousands of people moving to Collin County for jobs with Toyota, Liberty Mutual, and many others, it’s not a big surprise that North Texas residential real estate firms are now flocking to the area.

It’s easy to forget that one firm, Ebby Halliday Realtors, has served Collin County since 1971. That’s when Ebby herself opened a one-room office in the growing town of Plano. There was a great deal of home construction going on in the area and Ebby’s office — a builder’s shack with a porta potty — was a favorite gathering spot for homebuilders who knew she always had a hot pot of coffee ready and enjoyed visiting about the potential of this small community north of Dallas.

“Keep in mind that NorthPark Center opened at the corner of Northwest Highway and Central Expressway in 1965 and that many Dallasites were of the belief that civilization didn’t actually exist north of Northwest Highway,” said Mary Frances Burleson, President and CEO of the Ebby Halliday Companies. “That goes to show just how visionary Ebby and her leadership team were about the future growth of the North Texas region.”

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Historic-Downtown-McKinney

UPDATE: Comes word from Robert Wilonsky at the Dallas Morning News that civil rights groups and activists are demanding a U.S. Department of Justice investigation into the police action in McKinney — as they should. Many people feel (as I do) that the officer, Eric Casebolt, way over-reacted and should likely find another line of work. Meantime, I am having trouble locating the man who posted the “neighborhood plea”  we posted below, that is circulating Facebook: Michael Cory Quattrin.

MONEY Magazine voted McKinney, Texas, as the best place to live in America last year, and we are pretty bullish on the town, too: great homes, great values, charming downtown, a good school system.

Honestly, agents tell me most buyers prefer the schools in Lucas, Prosper and Allen. But McKinney’s are highly rated.

Now McKinney is on the national map, for a pool party incident at a private community pool in Craig Ranch, a 2200 acre private development of upscale single family homes, that was videoed, posted and put the community all over the internet as yet another community where white police pick on black. I saw the news last night and emailed Jo. My initial reaction to what I saw was outrage. Outrage at what appeared to be obvious police brutality against a teenage girl and a bunch of black teenagers. The headlines were clearly meant to incite and provoke a negative reaction against the McKinney police department, to suggest that McKinney is a racist community.

This is not the McKinney I know.

Then I recalled a party my daughter threw years ago in our back-yard on Park Lane, circa 1998, along with two friends. Word spread quickly (these kids had cell phones, not Twitter) that someone was having a backyard pool party with underage drinking, WHICH WE WERE NOT. Kids came out and over from everywhere, tall, thin, black and white, public school, private school. They came slinging six-packs over their shoulder, holding bottles of tequila, and we found so much booze in our yard after that night we stocked the (locked) bar for years.

I called the police to help me get the kids off my property, which they did. They were told to go home. And they did. I learned some brutal lessons parenting teenagers that night: (more…)