Richardson Market Condition Report

Thursday, September 18, 2008

Richardson Market Condition Report

Market conditions for Richardson slide this year (as most did the entire DFW metroplex). Richardson homes sold (07/08) was 642 with an average home sales price of $170,236. Average days on the market for homes listed in Richardson is 65 days (up 20%).

Richardson is a part of Dallas' Silicon Prairie, and is home to the Telecom Corridor, which is a very large technology business center that includes offices for 5,700 companies, including 600 technology companies, such as Nortel, Ericsson, Alcatel-Lucent, Tellabs, Texas Instruments, and AT&T. It is also the corporate headquarters of Fossil, Inc.

In 2006, Richardson was selected as the 15th best place to live in the United States by Money magazine

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Debbie Mitchell

Hello, my name is Debbie Mitchell, I am orginally from the Northeast and have been in Texas for the past 15 years. While living in Massachusetts, I worked as a Foreclosure Manager for 15 years for an Appraiser, Real Estate Company and Auctioneer. I have been a Real Estate Paralegal for 19 years and have worked for Barnes & Noble for 5 years and GameStop as Legal/Leasing Manager, for 8 years negotiating Retail Leases in the US, Guam, Puerto Rico and Hawaii. I am also a licensed real estate agent. I left the "Corporate World" and bought into Texas Sold Team Realty LLC two (2) years ago and became Co-Owner. I oversee Property Management for both residential and commercial properties, including leasing.

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Thursday, September 18, 2008