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Frisco TX Rental Leasing Market - HOT like the weather

By
Real Estate Broker/Owner with 3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. #9001154

The Frisco TX real estate rental and leasing market has been HOT, HOT, HOT like the weather we've been experiencing lately. Have you heard the EXCESSIVE HEAT WARNING lately?

As a real estate broker representing owners, it is not uncommon that I will have multiple applications for my clients to select from by the end of the first day. Candidates are typically with good credit, no eviction history and essentially nice people. These potential tenants could be fighting for these properties by offering higher terms than the original intended ones.

I bet you have heard about the Dow dropping another 650 points today (Monday 8/8/2011) and prior to that, 500 points last week? Perhaps it's time to really consider purchasing some rental properties for investment alternative purposes.

Have you also heard that interest rates are at its historical lows? And still have great bargains all over Frisco TX.

If you are a tenant, looking to lease a Frisco TX home, please call us 3:16 team REALTY. We are highly experienced in helping tenants find rental properties, cutting short your time to go around in circles, looking at already-leased-out properties, but you just didn't know about the status.

All in all, Frisco TX is a great real estate market to be in.

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This information is provided to you by 3:16 team REALTY with a commitment to support the Frisco TX community.

3:16 team REALTY is a locally-owned Frisco TX real estate brokerage that serves buyers and sellers in and around the Frisco TX areas.

Super-serving Frisco, Plano, Dallas, McKinney, Allen, Little Elm, Prosper & North Dallas area communities.

3:16 team REALTY - Loreena Yeo, Realtor® in Frisco TX
Pick up your phone & call today.
(214) 783-2210
loreena(at)loreenayeo(dot)com

Check out some of the best values in Frisco TX Featured Homes of the week.
This list is monitored and updated frequently by Loreena Yeo - Realtor® in Frisco TX.

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Frisco TX Rental Leasing Market - HOT like the weather

Jeanne M. Gavish
Jeanne Gavish, Keller Williams Realty Elite Partners - Spring Hill, FL
Keller Williams Realty Elite Partners - CIPS,GRI,S

Great Perspective Loreena!  Indeed this is a good time for investors to buy and allow qualified property managers find them great, long term tenants.

Aug 08, 2011 02:26 PM
Mike Yeo
3:16 team REALTY - Frisco, TX

The rental market is as hot as the Texas weather, no doubt. Clients fighting for the same house is really common and houses on the market for only a few days and rented.

Aug 08, 2011 02:35 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Wow, Mike! You seem to be very blessed in TX!! :)

Lorena, I agree that one should have multiple aps in place -- makes total sense for any well-round pro to do so.

 

love and light to you both!

Aug 08, 2011 05:29 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

The rental market here is a lot stronger than the sales market. There are quite a few that will only be here for a few years with their job and they know it is not a wise move to buy a home in a downward market.

Aug 09, 2011 12:45 AM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

My rentals are going very fast. I have only been in property management for four months. I am managing 93 units at this time and climbing. Amazing

Aug 09, 2011 01:55 AM
John Cannata
214-728-0449 http://TexasLoanGuy.com - Frisco, TX
Texas Home Mortgage - Purchase or Refinance

There are quite a few rental properties out there. Its also a great way to figure out where you want to live. Rent a home for a little while before making your own purchase of a home.

Aug 09, 2011 06:32 AM
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Loreena,

Amazing how the Treasuries were invested despite the credit downgrading.  The low interest rates are the diamonds of advantage for investments today... g

Aug 09, 2011 09:54 AM