Leigh Bates, DFW Real Estate

Yes, It's true!

The River Walk at Central Park is planned as the Town of Flower Mound's 21st Century downtown, integrating commercial and residential uses within the development. The River Walk at Central Park is intended to capture the vitality, flexibility, convenience and charm carried through by traditional towns that were once common throughout America.

Commercial uses in the development will include medical, office, retail and dining. Many of the buildings will accommodate street-fronting shops and restaurants with offices and residences located on upper floors. Residential uses in the development will include a variety of living choices, including townhouse, apartment, condominium, lofts over retail and office, assisted living and senior living.

The River Walk Park will be a focal point for Flower Mound, its design will allow and encourage people to work and live in close proximity and provide a pedestrian oriented environment that is accented by a river walk park that traverses the entire development and will provide linkages to the existing Timber Trails Park and to other parts of the community through the Town's trail system, encouraging walking, jogging, and biking.

At the center of the development, Central Park, a crescent shaped public park, will become Flower Mound's Town Green and provide a gathering space for community events.

Planning and zoning commissioners unanimously voted to recommend approval of three items involving the River Walk to the town council. The commission approved an amendment to the land use plan to allow mixed-use development. It also approved a request to amend land development regulations by creating the Central Business District as a new zoning district, and it approved a rezoning request from Planned Development, Unit 2 to Central Business District.

Flower Mound Town Council could potentially be presented this for vote by August 18th. Stay tuned for further information!

posted by Leigh Bates

There are currently 429 single family homes for sale in Flower Mound.

• Asking Price Range: $40,000 - $2,999,000
• Average Asking Price: $483,860

Pending Sales: 113

• Asking Price Range: $117,900 - $1,395,000
• Average Asking Price $341,462

Sold Single Family Homes in Flower Mound from April 1, 2008 - June 30, 2008: 309

• Average Days on Market: 54 days (0-331 days)
• Average Sold Price: $295,709
• Average Ask Price to List Price Ratio: Home sellers got an average of 97.7% of asking price for their Flower Mound Single Family Home.

Posted by Leigh Bates

Active Homes: 402

• Asking Price Range: $68,000 - $1,295,000
• Average Asking Price: $240,789

Pending Sales: 112

• Asking Price Range: $60,000- $429,900
• Average Asking Price $186,572

Sold Single Family Homes in Carrollton from April 1, 2008 - June 30, 2008: 365

• Average Days on Market: 53 days (0-312 days)
• Average Sold Price: $186,540
• Average Ask Price to List Price Ratio: Home sellers got an average of 98% of asking price for their Carrollton Single Family Home.

For information specific to your Carrollton neighborhood, please visit www.dfwmarketsnapshot.com & register for your FREE Neighborhood Market Snapshot

posted by Leigh Bates

Active Homes: 325

• Asking Price Range: $45,000 - $1,599,601
• Average Asking Price: $249,212

Pending Sales: 27

• Asking Price Range: $73,040 - $1,449,900
• Average Asking Price $240,649

Sold Single Family Homes in Lewisville from April 1, 2008 - April 30, 2008: 72

• Average Days on Market: 68 days (2-307 days)
• Average Sold Price: $179,661
• Average Ask Price to List Price Ratio: Home sellers got an average of 98.2% of asking price for their Lewisville Single Family Home.

For information specific to your Lewisville Neighborhood, please visit www.dfwmarketsnapshot.com & register for your FREE Neighborhood Market Snapshot

posted by Leigh Bates

Active Homes: 377

• Asking Price Range: $64,900 - $1,295,000
• Average Asking Price: $231,301

Pending Sales: 141

• Asking Price Range: $74,500- $649,900
• Average Asking Price $200,552

Sold Single Family Homes in Carrollton from April 1, 2008 - April 30, 2008: 104

• Average Days on Market: 55 days (2-250 days)
• Average Sold Price: $178,971
• Average Ask Price to List Price Ratio: Home sellers got an average of 98% of asking price for their Carrollton Single Family Home.

For information specific to your Carrollton neighborhood, please visit http://www.dfwmarketsnapshot.com/ & register for your FREE Neighborhood Market Snapshot

posted by Leigh Bates

Active Homes: 122

• Asking Price Range: $165,000 - $2,156,601
• Average Asking Price: $378,477

Pending Sales: 27

• Asking Price Range: $105,000 - $749,900
• Average Asking Price $244,815

Sold Single Family Homes in Highland Village from April 1, 2008 - April 30, 2008: 22

• Average Days on Market: 70 days (8-343 days)
• Average Sold Price: $274,644
• Average Ask Price to List Price Ratio: Home sellers got an average of 98.2% of asking price for their Highland Village Single Family Home.

For information specific to your Highland Village neighborhood, please visit http://www.dfwmarketsnapshot.com/ & register for your FREE Neighborhood Market Snapshot

posted by Leigh Bates

Active Homes: 407

• Asking Price Range: $119,900 - $4,500,000
• Average Asking Price: $483,860

Pending Sales: 143

• Asking Price Range: $149,900 - $359,000
• Average Asking Price $325,721

Sold Single Family Homes in Flower Mound from April 1, 2008 - May 7, 2008: 75

• Average Days on Market: 60 days (1-331 days)
• Average Sold Price: $275,390
• Average Ask Price to List Price Ratio: Home sellers got an average of 97.4% of asking price for their Flower Mound Single Family Home.

For information specific to your Flower Mound neighborhood, please visit http://www.dfwmarketsnapshot.com/ & register for your FREE Neighborhood Market Snapshot

posted by Leigh Bates

Spring is here, and the cleaning has begun!

The Neighbors of Rolling Hills Estates is having their annual garage sale - THIS Weekend Friday and Saturday from 8am - 3pm.

Whether you live in the neighborhood and need to get rid of the "extras" or you are looking for a good buy - I guarantee this is the place to be!

Look for Furniture, Clothing, Electronics, Kitchen Appliances and so much more.

See ya there!

If I can provide more information about Highland Village and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (972) 824-2088
or email me at leigh@thetrinitygroup.org.

Visit us at www.leighbates.com.

Don't let the National "Gloom & Doom" scare you away!

Haven't you heard? Dallas is one the the strongest real estate markets in the country? Is is because our economy is one of the strongest, well yes. Is is because housing values have remained stable, well, yes. Is is because of job growth? Yes, and quite frankly Dallas and Fort Worth are great places to call home!

When considering a new home purchase, you should focus on the local real estate market conditions -- not the difficulties being experienced in other parts of the country

So what are the Top 10 Reasons to Buy your new home now?

1. Supply - Whether it is new construction, or a resale, the area has more supply out there than in recent years.
2. Price- The $$$ still goes a long way in DFW vs other markets
3. Interest Rates - Are still low, and FHA has increased its loan limits.
4. Location, Location, Location - Not only is DFW center to the rest of the US, you are certain to find an affordable home close to lakes, golf courses, airports, major corporations, and great schools.
5. Tax deductions, if you are still renting, you are missing some major deduction, including property taxes, interest, and mortgage insurance.
6. Equity - A sure-fire way to save for your future. Your home is your largest investment.
7. Stable Home Prices - Values are continuing to increase
8. Local Economy & Job Growth- Major corporations are relocating to the area, providing a more affordable place for it's employees to live.
9. Quality Construction of Design - DFW builders remain at the forefront of design trends and quality finishes.
10. Energy Efficiency - the price of energy is going up, so purchasing a new home can help fight the cost of rising electric bills.

For more information on the DFW Housing Markets and recent Real Estate Trends, visit DFW Housing Facts. If you are interested in getting on a list for new home inventory with certain builders, or existing homes, email or call me at (972) 824-2088.

Looking for more information on Stone Hill Farms, or just interested in keeping up with recent Real Estate trends?

Stone Hill Farms is a community of 480 homes located East of Morris Rd, between FM 407 and Kirkpatrick.

Homes were constructed beginning in 1998 by DR Horton, Lennar, Diamond and Engle Homes and range in square footage from 2000 to 4800.

1. Currently Active Homes

• 1208 Spring Ridge currently listed at $229,500
• 6104 Cottage Lane currently listed at $238,000
• 1412 Harvest Glen currently listed at $250,000
• 1205 Big Falls Dr currently listed at $289,000
• 5800 Day Flower currently listed at $292,900

2. Pending Sales

• 1416 Lone Oak Way currently listed at $260,000
• 1621 Stone Crest Dr currently listed at $274,900
• 1804 Stone Crest Dr currently listed at $334,900

3. Recent Sales

• 1312 Wildflower Lane sold for $222,000 1/15/2008
• 6009 Park Lane sold for $265,000 1/18/2008
• 1317 Big Falls Drive sold for $286,000 3/31/2008
• 5801 Fawn Run Drive sold for $303,000 3/13/2008
• 401 Bramwell Drive sold for $325,000 1/3/2008

If you would like to receive a personalized market update for Stone Hill Farms, visit www.dfwmarketsnapshot.com and register for automatic updates.

Search for Stone Hill Farms and other Flower Mound Area Homes