A Great Place for Business

Frisco is like a magnet for businesses. One big reason is the low taxes. This means if you start a business or live here, you can save money. There are many company headquarters in Frisco, which means there are many skilled people around. This is great for businesses because it brings together many smart, experienced people.

And if you’re into technology, Frisco is becoming a hotspot for tech companies and people who invest in new ideas. Being part of this means you’re right where the latest tech and innovations are happening.

Schools and Sports

Frisco is also a fantastic place for families. The schools here are top-notch, which is perfect if you have kids. They’ll get an excellent education, which is important for their future.

And if you love sports, you’ll feel right at home in Frisco. There are professional sports teams and big stadiums, so there’s always a game to catch. It’s only some days you get to live in a place with so much sports action!

But there’s more to Frisco than just sports. The city has these awesome planned areas to walk around, shop, eat, and have a good time. It’s a mix of city life and friendly neighborhood vibes.

Quality Living at a Good Price

In Frisco, living well doesn’t mean spending a lot of money. Living costs are reasonable, but you still get high-quality services and a great community. It’s like getting the best of both worlds.

Frisco is also known for working well with businesses to create cool projects and places for people to enjoy. It’s about making the city better for everyone, and that’s something really special.

Be Part of Something Special

Following Mister Frisco will teach you much more than just house-buying tips. You’ll discover why Frisco is such a great place. It’s not just about finding a house; it’s about joining a community where things are always moving forward.

Frisco is perfect for anyone wanting to start a business, raise a family, or be part of a lively and growing community. It’s got everything: good opportunities for businesses, great schools, fun sports, and activities, and it’s affordable too.

Discover the Best of Frisco

So, why pick Frisco? It’s where today’s choices turn into tomorrow’s bright future. It’s not just about the business environment or the fun stuff to do; it’s about being part of a city that values doing things well. Whether you’re starting your career, looking for a family-friendly place, or want to be part of a community that’s on the move, Frisco is where it’s at.

Choosing Frisco means joining a community that’s growing and getting better all the time. It’s a city that offers the best in business, education, fun, and living – all wrapped up in one. So come check out Frisco and see why it’s a place where your future is waiting for you. And remember, for more great advice and info about life in Frisco, including top reasons families love living in Frisco, follow Mister Frisco. Welcome to Frisco, where your new adventure begins!

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Welcoming Businesses with Open Arms

Frisco loves businesses! It makes everything easy and welcoming for them. Great leaders, a friendly tax system, and smart, ready-to-work people make companies shine here. Big names like Keurig Dr Pepper and T-Mobile have already chosen Frisco as their home because it’s a place where businesses can really grow. In addition, Frisco’s prime location in the heart of North Texas and its excellent transportation infrastructure make it an ideal choice for businesses looking to expand their reach.

A Playground for Tech and IT

Tech minds find a special home in Frisco. It’s a place buzzing with fresh tech ideas, loaded with companies and over 200 startups that are ready to change the world. Exciting tech companies like Magna5 have set up shop here, filling Frisco with innovation and energy. Frisco’s thriving tech community has transformed the city into a hub for cutting-edge technology and a magnet for top talent from all over the world.

Where Sports Spirit Shines

Sports fans, get ready to cheer! Frisco is the home of famous sports teams like the Dallas Cowboys and the Dallas Stars. And that’s not all – the PGA of America has just moved in, making the city even more exciting for sports lovers. Plus, the city’s state-of-the-art facilities, like the Ford Center at The Star and the Dr. Pepper Ballpark, make it a popular destination for sports tournaments and events.

Room for Every Dream to Grow

In Frisco, every business, big or small, finds a place to shine. There’s plenty of room, whether you need a fancy office or a cool spot that’s ready for anything. Frisco is all about helping everyone find just the right place to succeed.

Frisco is more than just a city. It’s a lively experience filled with growth, community, and lots of fun. Discover why everyone’s talking about Frisco and stay updated by joining us in the exciting journey of life in Frisco with Mister Frisco. Follow for more Frisco updates!

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Real Estate Income

Secure your future with the help of real estate. Real estate has the potential to create multiple income streams. Rental properties, for example, offer a consistent monthly income. All you have to do at the end of the month is to collect. This is a hassle-free source of passive income.

Investing for the Future

Owning a home is a lifelong dream for many. Having your own property offers security for you and your family. You won’t have to pay a monthly bill to a landlord once you own a home. This is a secure way for you and your family to gain financial freedom. Make your life your own when you invest in real estate.

Stability in Assets

Real estate investments have stable growth. This is a stark contrast compared to stocks and bonds. With proper research, you can identify desirable locations that have the potential to appreciate significantly. You can rent your property out or sell it once it has appreciated in value. In real estate, you can reap twice as much as you’ve sown.

Investing in real estate is a daunting task made easy with the help of Mister Frisco. Secure a better future for you and your loved ones in this industry. Call us now, and we will help you carve a path toward financial growth.

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Ideal Budget

Before you start looking at homes, it’s essential to determine your budget. Considering your current income, savings, and other expenses, determine how much you can afford to spend on a home. You can work with a financial advisor, CPA, and lender to determine the best home loan options. Knowing your budget will help narrow your search and save time on properties out of your price range.

Finding Your Priorities

Everyone has different priorities when it comes to finding their dream home. Some people want a large backyard for their children or pets to play in, while others want a home close to their workplace or local amenities. Make a list of your most essential features, such as the number of bedrooms and bathrooms, the location, the type of neighborhood, and any specific amenities you’re looking for.

Researching Homes

Once you’ve identified your priorities, start doing your research. Look at real estate listings online and attend open houses to understand what’s available in your price range. Pay attention to the size and condition of the homes and any amenities that are important to you. You may also want to research the local schools, crime rates, and other factors impacting your quality of life in the area.

You can never go wrong with having a renowned realtor like Mister Frisco on your side. Let us help you in finding your ideal home. Contact us now and schedule a tour to find your dream home!

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Kitchens

When people move into a new home, one of the first upgrades they typically make is to the kitchen. Installing energy-efficient appliances, updating countertops, and replacing cabinet hardware can create an inviting and comfortable atmosphere for cooking and entertaining family and friends. Doing so can also increase the value of your home and save money in the long run with lower utility bills.

Baths

The next area of focus for upgrades is often the bathrooms. Replacing outdated fixtures and adding new tiles can quickly turn an ordinary bathroom into a luxurious retreat. Installing a low-flow showerhead, toilet, and sink faucet looks great and helps conserve water and reduce water bills.

Interiors & Exteriors

Upgrading the interior and exterior of a home is also very important. Installing new flooring, painting or wallpapering walls, replacing doors, and adding ceiling fans are all great ways to make a house feel like home. On the outside, people often add or replace siding and windows for increased energy efficiency and to improve the look of their home.

Security

Safety and security are also essential considerations when it comes to upgrades. For example, a home security system can provide peace of mind while protecting against burglaries or other intrusions. Installing smoke alarms and carbon monoxide detectors is another way to promote safety in a new home.

Landscaping

Finally, upgrades to the landscaping and lawn often add a great deal of visual appeal to a property. Adding trees, shrubs, flowers, and other plants can make an outdoor area look inviting while increasing privacy and improving air quality. Installing an irrigation system helps maintain healthy grass and plants with minimal effort.

Truly Yours

By strategically upgrading a home’s interior and exterior, people can turn an ordinary house into a comfortable, attractive, and secure place to live. Whether it’s making improvements to the kitchen or bathroom, upgrading flooring or doors, installing safety devices, or landscaping the lawn – these are just some of the first upgrades people typically make when moving into a new home.

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Spruce Up

First, take some time to spruce up the exterior of your home. Plant colorful flowers or repair broken shutters and deck railings that have been neglected over the winter. Doing so will help to create a warm and welcoming atmosphere for your guests before they even step inside.

Fun & Games

Second, plan some fun activities to entertain your guests at your party. Consider setting up a games area with corn hole, ladder golf, or other outdoor games. Social games will keep everyone engaged and having a good time.

Atmosphere

Third, create an inviting atmosphere with decorations and lighting. Add festive banners and hang string lights around your porch or patio for a cheerful ambiance. You can also decorate the inside of your home with potted plants and streamers to give it a lively feel.

Food & Drinks

Fourth, have plenty of snacks and drinks ready to go. Ensure you stock up on food, beverages, and supplies before your guests arrive so you won’t have to make a last-minute run to the store.

Enjoy!

Finally, remember to enjoy yourself! Hosting a party can be stressful, but taking a few moments to relax and be present is important. You’ll want to savor all of the joyous memories being made with your loved ones! Following these tips will help you create a memorable spring party that everyone will enjoy. Happy hosting!

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Listings vs. Median Price Past & Present

Sometimes the best way to appreciate the present is by looking at the past. For example, before the late real estate boom of 2018, in January 2018, active listings were 49,395 with a median price of $212,000. Fast forward to January 2023, and we see active listings at 52,715 with a median price of $275,000. With all the ups and downs over five years, it’s exciting to see median home prices increase by nearly 30%.

Historic Months of Inventory vs. List Median Price

Remember in the previous chart; we showed how six months of inventory is a balanced market, under six months is a seller’s market, and over six months is a buyer’s market? Here we see how, before the boom after 2018 (Jan 2018), it was clearly a seller’s market with five months of inventory available and a median list price of $239,900. Jump ahead to January of 2023, and we see a sustained five months of inventory but a bump in the median list price to $299,00. That’s almost a 25% increase in the median list price over five years. Also, as expected, fewer months of inventory on the market command a higher list median price, as seen in February through May of 2022, where two months of inventory spiked prices into the $350,000 range.

Inventory on the Market vs. Close Median Price

Considering the natural balance between supply and demand, the lower the inventory, the higher the close median price. Consider January 2018, which had five months of inventory and a close median price of $215,000. As inventory declined through July 2018, you can see the close median price increase to $242,000 – a 12.6% increase. However, we don’t see a corresponding decrease to 2018 prices once inventory returns to a 5-months level. Instead, in January 2023, the last time there were five months of inventory available, the close median price was $279,000 – a retained increase of 29.7%. Other price pressures are at work, favoring the seller.

Historic Count of Active Listings vs. Days on the Market

If you’re looking for solace in real estate trends, compare the numbers from Jan 2018 to Jan 2023. In January 2018, there were around 50,000 listings on the market lasting about 35 days. Looking at January 2023, we see active listings approaching 60,000, staying closer to 45 days on the market. So looking at the five years between January 2018 and January 2023, you see an almost inverse relationship between the number of active listings and the number of days on the market. 

It’s clear that with short inventory, the days on the market are much lower in July 2021, with 37,642 homes in inventory spending eight days on the market vs. July 2018, 60,668, 21 days. Of course, the inventory is still shorter, but the market is unique.

Active Listings vs. Close Price To Original Price Ratio

In January 2018, there were 49,395 properties listed for sale, and transactions closed at an average of 97% of the original listing price. Fast forward to January 2022, when there were only 31,029 homes on the market, and transactions closed at 100% of the original listing price. This data suggests buyers are more likely to pay closer to the listing price as inventory becomes more scarce. 

Historic months of Inventory on the Market vs. Closed Median Price

Returning to January 2018, we see historic months of inventory hovering around a little over four-and-a-half months. Here, the corresponding closed median price rested around $275,000. You see a price drop when there’s a sudden gain in inventory. Jump to January 2023, and you will see the reverse happening. As inventory begins to dip from a near peak of just over five-and-a-quarter months of inventory at the end of 2022, prices similarly spike during the same period, finishing January of 2023 at $300,000. Remember, however, that the bump in price is because of the low inventory on the market during 2021-22.

Although factors like interest rates, lifestyle features, and commutability all play a part in a local real estate market, it is still difficult to escape the law of supply and demand. If people want something, they will find a way to get it. However, that doesn’t mean your search for a new home has to be challenging. Contact Mister Frisco, Viktor Taushanov, when you’re ready to find your dream home.

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Developer’s New Development Dream

The article continues, “Developers unveiled the plans and name of the $3 billion project on Nov, 30. The first phase of The Mix, which will be located at Dallas Parkway and Lebanon Road in the area described as the North Platinum Corridor in Frisco, will break ground in December, according to a news release. The project will encompass 28 of the northernmost acres along Lebanon Road and is slated for completion in 2026. “Our vision for The Mix is to create a community that embraces the diversity of Frisco,” Tim Campbell, head of The Mix development, said in the release. “At The Mix, you’ll enjoy and interact with a mosaic of thoughtful architecture and vibrant green open space. We want every view to be a beautiful one.”

Famous Park Roots

A familiar name will help with the design. The article adds, “The park will be designed by OJB, the landscape firm behind Klyde Warren Park in Dallas, and will feature an event lawn, a performance pavilion, playgrounds, promenades and a pond, Campbell said. Overall The Mix will have a total of 20 acres of green open space to create a walkable community, he said. Frisco Mayor Jeff Cheney said the revised property plans improved upon the original vision, specifically with the central park that falls in line with the city’s development standards. “Wade Park is certainly one of the developments [where] we get the most questions asked from our community,” Cheney said. “There were big aspirations for that piece of property and a big vision kind of sold to the public.”

World Class Mixed-Experience

There will certainly be something for everyone. The article continues, “Once completed, Cheney expects the development will be world-class among mixed-experience communities. “We’re certainly excited as city leaders to see that project moving forward,” Cheney said. The Mix is planned to have approximately 2 million square feet of office space; 375,000 square feet of retail, including a grocery store; a business hotel and a boutique hotel; and 3 million square feet of residential, according to the release. StreetLights Residential, a Dallas-based, design-focused multifamily and mixed-use developer, is partnering on the residential aspect of the project.”

With so much arriving in Frisco, it’s easy to see why so many people want to live there. That’s why you need help from Mister Frisco to find your dream home. A new development is always coming to Frisco, so don’t miss out.

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Expert Guidance

According to the article, “Buying a home typically requires a variety of forms, reports, disclosures, and other legal and financial documents. A knowledgeable real estate agent will know what’s required in your market, helping you avoid delays and costly mistakes. Also, there’s a lot of jargon involved in a real estate transaction; you want to work with a professional who can speak the language.”

Objectivity

How about when you need an unbiased opinion? The article continues, “A great real estate agent will guide you through the home search with an unbiased eye, helping you meet your buying objectives while staying within your budget. Agents are also a great source when you have questions about local amenities, utilities, zoning rules, contractors, and more.”

Advocacy

When dealing with complex topics, having an advocate is worth its weight in gold. The article concludes, “There are many factors up for discussion in any real estate transaction—from price to repairs to possession date. A real estate professional who’s representing you will look at the transaction from your perspective, helping you negotiate a purchase agreement that meets your needs and allows you to do due diligence before you’re bound to the purchase.”

You don’t have to go it alone. Trust Viktor Taushanov to help you find the home of your dreams. He’s Mister Frisco, and with his help and the resources of Globus Realty, you will be in your new home in no time. So save DIY-ing for hanging your family portraits, and leave helping you find a new home to the experts.

When you are ready for your forever home, contact Viktor Taushanov and Globus Realty. He’s on your side and won’t rest until you are happy.

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How Hot?                                             

According to an analysis from Redfin;

• Many homes get multiple offers, some with waived contingencies.
• The average homes sell for about 9% above the list price and go pending in around 12 days.
• Hot homes can sell for about 18% above the list price and go pending in around 7 days.

Why Frisco?

According to an article from Money magazine, Frisco has the perfect balance of a low cost of living and high-income homeowners. Indeed, times have changed, but demand for a home in Frisco has only increased. According to the article, “While there’s a lot to love about Frisco, part of its appeal is the city’s relatively low cost of living compared with its higher incomes and booming job growth. A typical Frisco family could pay off a new home in less than half the time it would take a Bostonian one to do so.”

Business is Booming

Discretionary income inspires new development. Expansive developments like those from the PGA will become another crown jewel in Frisco’s growth. According to a Frisco city article, “In December 2018, the PGA of America announced plans to move its headquarters from Palm Beach County, Florida, to Frisco, Texas, where it will anchor a 660 -acre mixed-use development with a public-private investment worth more than half a billion dollars. Two championship golf courses are being built at PGA Frisco and a short course and practice areas. In addition, the new PGA of America headquarters will become home to national player development and coaching programs. This public-private partnership teams PGA of America with Omni Stillwater Woods (OSW), the City of Frisco, its Economic and Community Development Corporations, and the Frisco Independent School District. The City of Frisco and its development corporations (each funded by a half-cent of Frisco’s sales tax) and FISD are contributing no more than $35 million toward developing the public facilities. The city will own the golf courses, clubhouse, practice areas, and associated public facilities.”

Frisco is hotter than ever! Globus Realty is your gateway to unlocking the life you want to live in Frisco, Texas. Trust “Mister Frisco” to find your new home so you can establish yourself in the best city in Texas.

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