The city of Frisco grew rapidly during the 1990s, selling itself as an attractive and affordable Dallas suburb. In 2007, home foreclosures shot up 45% and the city was being nicknamed “Frisclosure.”
Wikipedia: Frisco, Texas
Frisco is a city in Collin and Denton Counties in the U.S. state of Texas and a very wealthy and fast growing suburb of Dallas. As of the 2000 census, the city population was 33,714, while according to 2008 city and census estimates, the city’s population has surpassed 100,000. Frisco has been and continues to be one of the fastest growing cities in the United States. In the late 1990s, the North Dallas development tide hit the northern border of prosperous Plano and spilled into Frisco, sparking explosive growth into the 2000s. Like many of the cities located in the booming northern suburbs of Dallas, Frisco serves as a bedroom community for many professionals that work in the Dallas/Fort Worth Metroplex. A 2007 Forbes study named Frisco as the seventh-fastest growing suburb in the United States.
Dallas - Texas (TX) - City-Data Forum
12-07-2007, 01:11 PM
Frisclosure? Suburbs are homes of woe
Suburbs are home of foreclosure woes | Dallas Morning News | News for Dallas, Texas | HomeCenter | Dallas Real Estate, Homes & Apartments | News: Real Estate
Up 45% in Frisco.
FrontBurner - D Magazine
JKR @ December 10th, 2007 at 6:12 pm
The $4 billion will be lost in Frisclosure.
Justin Spain - Real State Broker
8 Rules to Survive in Dallas’ Real Estate Market
Written by Trey Garrison
Tuesday, 19 February 2008
by Trey Garrison, MARCH 2008 D Magazine
All this talk you’re hearing about foreclosures and short sells may have whetted your appetite. There were 40,000 foreclosures in North Texas in 2007. Frisco is now known as Frisclosure.
Opinion Blog - The Dallas Morning News
11:46 AM Thu, Apr 03, 2008
Here’s the Frisco Press Release:
Posted by jkr @ 1:03 PM Thu, Apr 03, 2008
Well to be perfectly crass, Frisco (now becoming known as “Frisclosure") et al are full of people passing through, whereas the loyal here in Dallas are punished for the ‘living beyond their means’ corporate nomad lifestyles up there on the tundra.
Dallas Fort Worth Urban Forum
04-04-2008, 03:31 PM
Frisclosure would certainly fail to meet my needs.
Dallas Fort Worth Urban Forum
04-09-2008, 12:06 PM
Lake Highlands, Lakewood and Park Cities all had a 9% appreciation rate in the last DMN Real Estate Report. Outside of LBJ to the north it was more like 2-3-4 % (and that was before Frisco became known as Frisclosure).
The Housing Bubble
April 29, 2008
The Boom Was An Aberration
Comment by blueblood
>> “‘However, I doubt prices will or need to fall in the vast middle America. Indianapolis, Dallas, Kansas City, Omaha are, if anything, underpriced markets.’”
Yun cracks me up. In Dallas, he must be referring to the City of Frisclosure.
Texas (Lone Star State Dictionary) • (2) Comments • Wednesday, June 18, 2008 • Permalink
From reading a recent story in the New Yorker, there’s a number of similar ghost towns in the West of Florida just North of Tampa.
Florida is famous for being prone to carpet baggers and fraudsters (Bernie Madoff was huge in Palm Beach), so it’s no surprise that of these foreclosures, the homeowners are just walking away leaving the houses vacant.
Notwithstanding, I uncertainness prices present or poverty to weakening in the vast region U.s.a.. Indianapolis, Dallas, Kansas City, City are, if anything, underpriced markets.’”
Yun cracks me up. In Metropolis, he must be referring to the City of Frisclosure.