old RV guy
Senior Member
- Joined
- Aug 11, 2019
- Posts
- 5,940
When Toyota made the move, housing went through a steep inflationary climb here. Houses in our neighborhood were seliing at 115-125% list. The average listing to sold window was less than a week and it was only that long to get all the offers in. Our home value has gone up 2.5-3x since 2010.That and the tax abatement that Plano gave them. Toyota, Liberty Mutual, Samsung, Mahindra, and many more have come to Plano. Similar to what Richardson did to get high tech and telecom firms to relocate years ago. My wife and I were corporate relocations from Silicon Valley to Plano. Came with the now defunct Nortel Networks. After much research chose Plano because back in '95 it was THE place to be. Don't have kids so the schools were not that much an issue for us but I can say my house has appreciated more than 3x since then. Got no complaints with Plano other than traffic and it seems lately that every street is undergoing repair!!
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Large companies continue to set up headquarters in Plano
Plano is home to more than 500 corporate and regional company headquarters, with that number continuing to grow.communityimpact.com
The market has definitely cooled now however.