Located in Historic Downtown McKinney

Saturday, January 10, 2009

Lots of Lots

Sharp cutbacks in North Texas residential construction have left the area awash in vacant building lots. At the end of 2008, there were more than 94,000 empty single-family home lots available in the area. At current construction levels, that's enough for almost five years of home construction, according to a new report by Dallas-based Residential Strategies Inc. And on top of that, almost 50,000 lots are in the pipeline but not ready to be built on yet. Full story...

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