SFOT 2024 RH

Multiple factors impact Collin County housing prices

by | Sep 12, 2024 | Latest, news

There’s bad news and good news about housing affordability in Collin County. According to Texas Comptroller Glenn Hegar, “the state’s population, particularly in the major metropolitan areas, is growing at a quicker pace than housing is being built.”

U.S. Census Bureau figures show that housing demand in Collin County, led by huge population percentage increases in cities like Celina and Princeton, remains strong.

In a report released Aug. 27, Hegar blamed surging home prices and interest rates for a slump in housing affordability between 2021 and 2023.

For more on this story see the September 12, 2024 print, or digital edition of The Wylie News. Subscribe today and support local journalism in your community.

Hilco Real Estate 6-2024

0 Comments

SFOT 2024 RH

Related News

Welsh winner from Wylie

Welsh winner from Wylie

Beth Miranda of Wylie and Scarborough Tigger, her 20-year-old palomino Section A Welsh Pony, won Supreme Champion in carriage driving events Thursday, Sept. 26, at the Welsh Pony and Cob Society’s American National Show in Chickasha, Oklahoma. Bob Wieland/C&S...

read more
Domestic Violence Awareness highlighted at event

Domestic Violence Awareness highlighted at event

In recognition of Domestic Violence Awareness Month, several nonprofit organizations are coming together to host an event aimed at raising awareness and providing education on intimate partner violence. The event, titled “Breaking Cycles,” will take place on Saturday,...

read more
Water district budget up 10.3%

Water district budget up 10.3%

The North Texas Municipal Water District (NTMWD) is coping with a flood of new residents into its 2,200 square-mile service area.  With 55,500 people moving into the region each year, the district has adopted an FY2025 budget that will invest about $1.1 billion...

read more
Eliminating fees at Smith Library

Eliminating fees at Smith Library

Beginning Oct. 3, overdue fees will be a thing of the past at the Smith Public Library. At the September 24th meeting, the City Council voted unanimously to eliminate these fees, which account for less than half a percent of all fees taken in by the city. ...

read more
Order photos