By Tom Branch, on April 3rd, 2011 For as often as we frequent Kellys East Side located on the corner of Avenue K and 15th Street in old Plano, we’ve never stopped to write about the place!
According to their website:
Established in 2003, Kelly’s Eastside blew the dust off the nearby antique shops and helped revitalize Plano’s historic Eastside. Adding live music to what has been called “hands down the best menu in Dallas,” and the good-times traffic flows north from the “big D!”
Tim and Carin Kelly, who previously brought you Plano’s wildly successful Taffy’s, invite you to see what the buzz is about on Avenue K, near 15th.
Yesterday we took the afternoon off and worked on our own home. There were lots of little maintenance items to do and the yard needed it’s spring cleaning. After 5 hours of laboring, we were both exhausted. Neither of us felt like cooking, so after a quick shower, it was off to Kellys East Side for a couple of cold beers and brisket fajitas.
We’ve had all kinds of fajitas over the years but none of them compare to the brisket fajitas at Kellys. The brisket has been slow-cooked for hours and the setup plates have everything one needs to build a perfect fajita. Wash it all down with one of the 28 different draft beers they serve and you have one tasty Texas meal.
The next time you’re in Plano, stop by Kellys East Side!
By Tom Branch, on April 1st, 2011 Another short sale closed! The sellers avoided foreclosure, the buyers purchased a nice home at a discount, and the lender did not have the losses involved with a foreclosure.
Many people feel that the nation’s economy rises and falls with the housing market. While this is often true, we believe the current housing crisis is a direct result of the economic downturn and massive job loss across the nation.
In the Short Sale community, the vast majority of homeowners did not get a bad loan or buy more house than they could afford; they’re just good, hardworking Americans who fell on bad times.
All indicators point to Short Sales being on the real estate horizon for the foreseeable future, at least through 2012, and maybe longer. Industry experts see another wave of distressed homeowners surfacing when the once popular Pay Option Adjustable Rate Mortgages (ARMs) begin to adjust in the coming months.
These mortgages allowed the borrower to essentially “pick a payment” that fit their budget in order to get into the house they wanted to purchase. These loans have the potential to negatively amortize and the rate will adjust upward – it’s just a matter of time. Pay Option ARMs were widely used in California and will begin adjusting soon.
We encourage homeowners across the United States to get educated on the options available should they become financially distressed. Short Sales are a great tool, providing relief to all parties.
Just remember to choose a REALTOR® with a proven Short Sale track record to negotiate on your behalf. Making the right choice can mean the world of difference to your financial future.
By Tom Branch, on April 1st, 2011 
CB JENI Homes has broken ground and will build 40 2-story townhomes in Chase Oaks Village in Plano, TX.
The builder is offering three floor plans between 1400 and 1804 square feet in size. The Bridgeport is 1400 square foot, 2 bedroom, 2.1 bathroom townhome with a base price of $148,990. The Callaway is a 1629 square foot 2 bedroom, 2.1 bathroom, loft and game room townhome with a base price of $160,990. The Sutherland is a 1804 square foot, 2 bedroom, 2.1 bathroom, loft, and study townhome with base price of $173,990.
CB JENI Homes are very energy efficient with R38 insulation in the ceilings, R13 in the walls, and R22 in the vaults; low E double pane vinyl windows, and 16 SEER HVAC.
The builder offers a one-year warranty, and a two-year system warranty. A ten-year foundation and structural is provided through StrucSure Home Warranty for peace of mind.
 Click for Larger View Chase Oaks Village is located in Plano on Legacy just west of US 75. Presales will begin in mid-April.
New Home Rebate
Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.
Click here for our New Home Rebates page.
By Tom Branch, on March 30th, 2011 My daughters and I stopped into the Olive Garden in Frisco last night. I don’t care what day of the week it is, there’s a wait to get a table. Olive Garden must be doing something right!
When the server delivered dinner, she asked us if we wanted some grated cheese on our meals. As she put it on, she asked us if we knew what kind of cheese was used. Parmesan was my guess…wrong! We tossed out a couple of quick follow-up guesses to no avail. My daughters even went online with their phones hoping Google would provide the answer. Nothing!
We eventually gave in and told her that she won. What was the correct answer? Romano cheese is used. Apparently Parmesan cheese is a bit too spicy for most people so Romano is used unless otherwise requested.
We had a good meal and some fun as well. Next time we’ll be ready!
By Tom Branch, on March 29th, 2011 The Branch Team will take part in a multi-home Broker Open on March 30th from 11:00 AM until 1:30 PM. Lunch will be provided at 2625 Kimberly Dr and Dessert will be offered at 2622 Princewood.
Come out and take a look at these wonderfully updated homes ready for your buyers.
By Tom Branch, on March 28th, 2011 
Pending home sales increased in February but with notable regional variations, according to the National Association of REALTORS®.
The Pending Home Sales Index, a forward-looking indicator, rose 2.1 percent to 90.8, based on contracts signed in February, from 88.9 in January. The index is 8.2 percent below 98.9 recorded in February 2010. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.
Read the entire story
By Tom Branch, on March 27th, 2011 The Branch Team will be holding four listings open on Sunday, March 27 2011.
10:00 AM – 11:00 AM – Power Hour – 2617 Cedar Falls, Little Elm, TX
4 Bedrooms | 2.1 Bathrooms | 2-Car Garage | 2810 SF/Tax | $174,900
11:30 AM to 12:30 PM – Power Hour – 3525 Monmouth, Richardson, TX
3 Bedrooms | 2 Bathrooms | 2-Car Garage | 2086 SF/Tax | $238,990
1:00 PM – 3:00 PM – 5605 Southampton, Richardson, TX
4 Bedrooms | 3 Bathrooms | 2-Car Garage | 2743 SF/Tax | $234,900
3:00 PM – 5:00 PM – 2622 Princewood, Garland, TX
3 Bedrooms | 2.1 Bathrooms | 2-Car Garage | 2351 SF/Tax | $159,900
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