Why buyers bid up prices in built-out Plano | Why buyers bid up prices in built-out Plano | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=17274 | 2017-08-16T05:00:00Z | 2017-08-16T20:35:00Z | PLANO – As global corporations like Toyota Motor North America, Liberty Mutual Insurance and JPMorgan Chase & Co. lure more people to the Plano area with the promise of high-paying jobs, home values have significantly increased in the last decade.
The number of homes for sale remains below the industry standard of a “balanced” market, said Jonna Fernandez, chief operating officer for the Collin County Association of Realtors.
From 2007–2016, new home values in Collin County increased by approximately 43 percent and new home values in Plano increased by approximately 26 percent, according to data from Residential Strategies Inc.
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