What's on Dallas real estate investors' minds? Lots!

The biggest homebuilding slowdown on record has left the Dallas-Fort Worth area with lots of empty lots.

How many? Enough to last more than five years, according to the latest estimates.

"Home starts have declined almost 67 percent while the lot supply has fallen only 2 percent," said local housing analyst Ted Wilson.

For investors, those unwanted properties offer the potential for profit.

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Celina Texas Real Estate Market - March 2008 (edit/delete)
As of March 2008, the Celina Texas real estate market in Collin County is relatively stable, compared to the rest of the country .

FEBRUARY 2008

Homes for Sale (MLS) 144

Median Home Price: $274,900

New Homes for Sale: 29

Median New Home Price: $196,290 0.0%

Celina Foreclosures: 29

Celina Foreclosure Median Price: $118,901

About Celina Texas

Located in Collin County, 15 miles northwest of McKinney and just 35 miles north of Dallas, Celina is a small city that's growing quickly due to its close proximity to the DFW Metroplex. Many new homes and new homebuilder neighborhoods are cropping up in the area. Many people build custom homes in Celina as it is a place to build the ranch home of your dreams or your very own country estate. In Celina you can enjoy a country setting that's close to city conveniences.

Once a farming community, Celina is now in the process of turning into a suburban oasis of custom homes tucked away in its natural country setting.

Celina Real Estate Texas

New Homes in Celina TX