Change in real gross metro product since peak: 3.6 percent Change in no. of jobs since peak: -2.5 percent Unemployment rate (May 2011): 7.9 percent Change in housing prices since peak: -10.2 percent Texas’s largest metro area has thriving logistics, technology, and professional service industries, including such companies as Texas Instruments, Exxon-Mobil, Baylor Health Care […]
How bad is the foreclosure wave in Plano? Maybe is not so bad after all: as of today 6/29/2011 there are 93 REO/Lender Owned homes available for sale. The big picture? In Plano are 1,562 homes available for sale today! The foreclosures represents about 5.9% of the market which a tolerable amount. This could be […]
Reports are very contradictory: some people are saying that sale prices are ion the rise, and market is recovering. But, Case-Shiller Home Price Index says that home values declined with 2.8% in January 2011 vs. January 2010. My own observation are pretty much in line with the Case-Shiller: we are seeing a decline with an […]
Nord Realty is a real estate firm specialized in foreclosures. Operates in all Dallas – Fort Worth areas. We represent major banks in selling the foreclosed homes.