It's hard selling a house in Frisco,TX, why?

Question

I have been literally stalking houses that have been on the Market since February in Frisco TX. Houses are not selling. They keep putting them on the market and off for a few weeks and then back on. Whats up with that? Why aren't the houses selling in Frisco? Is it the way they are build that people are not interested or what? Not only that but they are alot of houses for sale in Frisco, why? Why are all these people trying to sell their houses in the 75034 area? Please educate as to why?

Lauren

Frisco is a suburb of Dallas. This scary because i am in the market to buy a house. But with all these houses sitting above all empty its very scary. I went to look at a few and they are pretty new but there has to be a catch. Maybe the people of Frisco can tell me.

But you are right the bubble has burst really bad. i thought Frisco was developing like Charlotte,NC because of all the jobs here.

Answer 1

I actually live in Frisco, its because at the same price you can buy a house off the market, you can build one yourself.

Answer 2

Lauren,
Part of the reason maybe be because no one has eer heard of Frisco, TX. =)

I lived in Houston for 10 years and have never heard of this small town. (I was in the 77379).

What's the job market like in your town? A lot of times jobs lead the people. You might go to a town hall meeting and voice your concerns to the mayor or other city officials. Tell them that you'd like to see them try to attract a larger company into your town.

If anything happens in your town that might make an interesting news story, you might try submitting it to big news stations in Houston and/or Dallas. If more people have heard of you, more people will come to you.

Answer 3

Because the housing bubble that we have been in is bursting. Over inflated prices, and easy credit along with the increase in expenses such as utilities, people using their homes like an ATM machine is now coming home to roost. It is time to pay the piper and people cannot afford it, add the tightening of credit removing people that where previously eligible, having mortgages for more that the home is worth, you have the perfect storm