Coffee Talk Tuesday at Heritage Table

I love Frisco! I'm glad it is growing. My only concern is with all the big companies moving there - like Toyota from California - that will increase the home prices considerably due to competition. Do you think my hunch is right?

It's interesting. Frisco home prices increased 14% in 2016. We believe this will continue over the next year or so. The good news is if you buy now, you should still be able to re-coop what you spend even if you have to pay more than list price now because home prices will continue to increase a while longer. If you wait, you will more than likely be subject to a higher interest rate to go with the increased price causing you to lower your home standards from what you can afford today.

Rising home prices show no sign of stopping in frenzied summer market | Real Estate | Dallas News