Jeanie's Real Estate Blog

   Happy New Year!

   January 8, 2009

    Although the economic news and real estate meltdown have affected

    many areas where values were overpriced and out of balance with

    marginal home buyers; some niche markets where demand does not

    exceed supply have not significantly been affected and still offer good

    long term investments in real estate for the small investor and/or 

    future home owner that wants to plan ahead and reserve that special

    home site for a new home build in a limited market area such as the

    Lovejoy ISD where the supply of acreage lots for new homes is

    both restricted by city boundaries and zoning within the market area

    which includes parts of the smaller communities, the City of Lucas

    and the Town of Fairview Texas.  Indeed with the development

    of both retail and commercial real estate that is now well underway

    in Fairview and the lack of new homes being constructed by

    builders for models and for sale, 2009 represents a great opportunity

    to invest in the purchase of a one to three acre estate home site

    while there is some supply still available in areas where market values

    have remained steady due to the surrounding properties and demand

    by families with children that want the exemplary Lovejoy schools

    and close proximity to Collin County cities such as Allen, Plano and

    McKinney and are within a reasonable commute time of the job

    markets in the Frisco, Richardson, Plano and North Dallas areas.

    With over 28 years experience in the Lovejoy ISD real estate market

    and a niche in the sales and marketing of residential estate lots and

    smaller land tracts for farms and ranches, I am still recommending to

    my clients to move forward with the best properties that are in the

    Lovejoy schools market areas.  Based on my experience and tract

    records of surviving, thriving, and staying abreast of two other major

    real estate downturns in the past 28 years as well as several minor

    recessions and correction markets, I would still recommend acreage

    estate lot properties in Lovejoy ISD; of more specifically at least

    one acre in Fairview and at least 1.5 acres in Lucas to any one that

    has the financial means to keep it for a minimum of 2 years and has

    an interest in living in the Lovejoy ISD at some time in the future.

    Of course, it pays to be selective and work with a knowledgeable

    broker that has the right kind of experience in the niche market

    and one that will guide you to make a good buying decision.

    This is where my specialized experience really pays off for my

    select clientele.   If you need my assistance and don't already

    have an established relationship with a broker that you trust really

    knows not only the area but the residential acreage estate lot niche,

    call me to discuss the availability of properties and the pros and

    cons of each as well as how they match up with your plans, goals,

    and needs for a residential acreage estate lot to build your future

    home to live in or resale as an investment.

    Also, if you have properties you are considering selling that meet the

    above criteria please call me to discuss, as not only do I have many

    potential customers and clients that are looking to purchase and own

    a special lot or land tract in Lovejoy, but I personally also have interest

    in the investment potential of these properties and would like to know

    before you actually put them up for sale.

    Thanks for visiting my blog, and feel free to respond back or contact

    me if you have questions, comments, or need experienced and qualified

    real estate marketing and sales assistance.   Best regards, Jeanie