North Texas Cities Top First-Time Buyers List


 

North Texas Cities Top First-Time Buyers List

 

 

Four Dallas suburbs have been ranked as some of the best places in the country for first-time homebuyers, according to a new report by WalletHub.com.

 

The fast-growing cities of McKinney, Frisco and Allen were 1-2-3 at the top of the list of best markets for first-time buyers, according to the study.

 

Richardson ranked seventh on the same list.

 

WalletHub scored 300 U.S. cities for entry-level home buying using factors including affordability, strength of the overall real estate market and quality of life.

 

The Dallas-area cities shared the top 10 with the likes of Cary, N.C.; Norman, Okla., and Lincoln, Neb.

 

North Texas has one of the hottest housing markets in the country, with record home sales and the highest volume of new home starts in the country.

 

But prices have also hit an all-time high, making it more challenging for first-time buyers.

 

Compared to pricey East and West Coast markets, D-FW cities are still a bargain.

 

The Top 10 Best Places for First-Time Buyers, according to WalletHub:

 

* McKinney

* Frisco

* Allen

* Cary, N.C.

* Norman, Okla.

* Lincoln, Neb.

* Richardson

* Boise, Idaho

* Thornton, Colo.

* Murfreesboro, Tenn.

 

As is often the case with these types of lists, Ebby Halliday Realtors has an office in each of the North Texas cities on the list: Ebby McKinney, Ebby 190 – Richardson, Ebby Frisco and Ebby Allen. If you’re considering buying or selling a home in North Texas – regardless of the town or city –  you can find just the right agent for your residential real estate needs at the award-winning, mobile-friendly ebby.com.

 

PHOTO: The five-bedroom home at 714 Parker St. in McKinney is listed by the Judy Gay Group for $729,000.

CityLine: Live, Work, Play in Richardson


CityLine: Live, Work, Play

 

Just around the corner from Ebby’s 190 @ Jupiter Office in Richardson the huge CityLine project continues to grow. Developer KDC recently released a new rendering of what the $1.5 billion development at Plano Road and the George Bush Turnpike – one of the largest new mixed-use developments in the country – will look like when it’s finished.

 

CityLine is already home to State Farm Insurance’s 8,000-worker regional campus, and Raytheon will start moving the first of its more than 1,500 workers into the project later this year.

 

Construction is continuing on a fourth office tower for State Farm. And developers are building hundreds of apartments, a shopping center and an Aloft hotel in the development.

 

CityLine will eventually feature 6 million square feet of offices, almost 4,000 apartments, two hotels and 300,000 square feet of retail space.

 

Five Offices Gather for Regional Networking


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Members of five Ebby offices, 190@Jupiter, Campbell/Coit, Plano/Willow Bend, Preston Plano Parkway, and Rockwall/Heath/Lake Ray Hubbard, gathered at the Canyon Creek Country Club to learn about the latest highlights of Richardson’s booming development.

 

The “Fab 5” regional networking event was the third such meeting of the five offices, each held in different locations around the metroplex. The get-togethers are all part of an effort to better serve residential real estate clients through extensive knowledge of what’s happening now in D-FW.

 

For example, did you know that Richardson is one of only six cities in Texas to hold Triple A ratings from both the Moody’s and Standard & Poor’s credit rating agencies?

 

Here’s a few more of the highlights Ebby Associates learned about in detail:

*  The $1.5 billion CityLine mixed-use, transit-oriented development at the corner of U.S. Highway 75 and the George Bush Turnpike will ultimately include 5 million square feet of office space, an integrated healthcare facility, nearly 4,000 multi-family units, two hotels, and 300,000 square feet of retail and restaurants. CityLine includes 2 million square feet in four office buildings for State Farm Insurance. Raytheon has also announced it will move into an almost 500,0000-square-foot facility at the development.

 

*  Methodist Health System’s new $120 million regional hospital at its Renner Road campus near the George Bush Turnpike opened in April with 125 beds. That’s in addition to the cancer center, outpatient hospital and medical offices already on site.

 

*  UT Dallas at Richardson is experiencing record enrollment. The university has approximately 20,000 students. And, a recent freshman class included more National Merit Scholars than the rest of the University of Texas System combined.

 

These are just a very few of the exciting things going on in Richardson. At Ebby Halliday Realtors, we’re proud to serve Richardson and all of North Texas. To learn more about North Texas, our Associates and listings, visit the award-winning ebby.com.