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Looking for Things to do in Dallas?

Sunday, May 29, 2016
by Christie Cannon

So the weekend is upon you & you have no plans!  Fear not & check out this cool list from TheCoolestStuffinTexas.com. 

From Dallas staples like the Dallas World Aquarium to classics like Keller's Drive-in, this list is great!

You can find the entire list by clicking here!

 

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

469-951-9588: Mobile

 

Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW


 

 

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Storm & High Winds Take Down Frisco TX Silo!

Tuesday, March 8, 2016
by Christie Cannon

I have talked about the Frisco TX;s unique silos previously.  Unfortunately, in a storm today, one silo fell to the wind!  It appears that high winds took the silo off its foundation! 
Here is to hoping that Frisco is able to move forward on a project with the existing space that will continue to bring value to our great city!
Best of luck & prayers to any one affected by the storm. 

- Christie Cannon, Keller Williams Frisco TX
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New Frisco Community - Edgestone at Legacy

Saturday, August 29, 2015
by Christie Cannon

New Master-Planned community announced west of the Dallas North Tollway & just north of Legacy!  This new Hines development is situated in the heart of West Frisco & is expected to boast some of the area's top builders - Huntington Homes, Shaddock Homes, Darling Homes, Coventry Homes & Village Builders. With approimately 311 acres, Edgestone at Legacy is currently planned for single-family residences. 

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Nationwide releases Health of Housing Report

Friday, August 28, 2015
by Christie Cannon

Nationwide just released their 2015 Q2 report on the Health of US Housing & incase the conflict of numbers is not great enough.... they rank TX negatively in affordability! Several years of strong housing has started to reflect a drop in housing affordability in Dallas & North Texas.  While overall Dallas-Irving-Plano continue to rank in the top 10 best performing markets, this is largely due to our otherwise strong economic indicators.  The entire Q2 2015 report can be viewed here!

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The Best Suburbs in Texas - according to Niche Rankings

Wednesday, May 27, 2015
by Christie Cannon

Niche.com just released their Best Places list for 2015.  Included in these ranks is the Best Suburbs List for Texas.  Not surprisingly North Texas secured 6 of the top 10 spots!  Collin County alone has 4 of the top 10 spots!

  1. Rollingwood  (Travis Co)
  2. University Park  (Dallas Co)
  3. Murphy  (Collin Co)
  4. Allen  (Collin Co)
  5. Lakeway  (Travis Co)
  6. Alamo Heights  (Bexar Co)
  7. Highland Park  (Dallas Co)
  8. Frisco  (Collin Co)
  9. Terrell Hills  (Bexar Co)
  10. McKinney  (Collin Co)
The full list can be found here.  Their methodology & assessment criteria can be found here!

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How Do Our Market Values Stack Up?

Saturday, May 23, 2015
by Christie Cannon

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US Median Home Price Up over $200K - Local up 10%

Saturday, May 23, 2015
by Christie Cannon

 

In Steve Brown's recent Dallas Morning News article is reporting that the nationally median home price is up 7.4%, breaking the $200K barrier with a US Median price of $205,200!  All but 25 of the 170 Market areas are reporting gains in home prices.  


The National Association of REALTORs is also reporting that 51 of the market areas saw double digit growth (more than twice the number of last year.) However, chief economist Lawrence Yun also cautions that pricing could level out if housing supplies improve.  Yun further described an all too familiar sentiment in our market, as buyers “are hesitant to move up and sell because they aren’t confident they’ll find another home to buy.” And that, he says, is “leading to the ongoing inventory shortages and subsequent run-up in prices seen in many markets.”  This same report places a fair amount of blame on "subpar homebuilding activity," as home builders are still trailing behind the demand.  

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Tis the Season of Property Value Protests

Thursday, May 14, 2015
by Christie Cannon

christie cannon keller williams frisco tx

The season is upon us - let the tax protests begin!  So the dreaded letter arrived; the good news, the market is up; the bad news, your local appraiser knows it!

So when your tax assessed value jumps the full 10%, what comes next?  First don't panic, second review our helpful tips on determining if you should protest.

  1. Key things to keep in mind
    1. There are generally no costs in contesting your tax value (if you do so on your own), 
    2. There is no separate penalty for protesting your taxes but not succeeding,
    3. Most counties allow for an "informal review" & even encourage such a review prior to an ARB (Appraisal Review Board) hearing,
    4. County procedures differ for the request of a review or protest (some allow mail or electronic methods, others require a scheduled appointment conducted in person),
    5. Like most "government" services, there is a processes that appears mush more complex than it actually is,
    6. Your fellow citizens & residents serve as part of the final Appraisal Review Board,
    7. You have a right to review the information that the appraisal office used in determining your value.
  2. Thoroughly review your Notice of Appraised Value
    1. Have you taken full advantage of tax exceptions for which you qualify (Homestead if owned before Jan 1st, Over 65, etc),
    2. Is the information on your appraisal about your home correct?,
    3. is the information on the CAD's (Central Appraisal District) website correct (bedrooms, SqFt, etc)
    4. Did your appraised value increase greater than 10%, if you have a homestead exemption & no new improvements.
  3. Understand what you can protest
    1. Proposed value,
    2. Denied exemptions for which you believe you qualify,
    3. Incorrect information regarding the scope or use of your property,
    4. Incorrect owner,
    5. Incorrect taxing units (authorities),
    6. Defects of the home or property that would otherwise affect the value.
  4. Understand how value is derived in Texas for the property tax assessed value
    1. Appraisers look for homes that sold closest to Jan 1st in the tax year assessed
    2. Homes that are closest in size, year built, location, age, & construction style are given the greatest weight.
  5. Be Prepared - Bring organized data whether you are meeting "informally" with an appraiser or for an ARB hearing
    1. If you purchased or refinanced your home recently (especially close to Jan 1st) and your tax assessed value exceeds your sales price, bring your signed HUD-1 &/or a copy of the appraisal conducted for your mortgage
    2. Bring Sales Comps for comparable properties (see 4.2) & include: address, sale date, sale price, supporting docs, names of owners, MLS information, etc.
    3. Proof of defects of your home, functional or economic obsolescence
  6. Know your Dates, Deadlines, & Procedures
    1. File on-time or you may miss your chance
    2. In most cases your protest must be filed by May 31st (*CHECK with your CAD!)
  7. READ YOUR COUNTY's PROTEST INFORMATION CAREFULLY - if you don't understand something, give them a call!
    1. Denton CAD (click for info)
    2. Dallas CAD (click for info)
    3. Collin CAD (click for info)

 - Good Luck & please let me know if you have any questions - Christie Cannon

* Be sure to check with a qualified tax agent & your county's central appraisal district for specific procedures & questions.

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Interest Rate projection costs

Saturday, April 4, 2015
by Christie Cannon

The Difference A Year Can Make [INFOGRAPHIC] | Keeping Current Matters

The Bottom Line:

  • Freddie Mac Primary Mortgage Market Survey reports the 30-year fixed rate at 3.7%.
  • Freddie Mac's projection for Q2 2016 - interest rates will be 4.7%.
  • The Home Price Expectation Survey predicts prices (national averages) will appreciate by 4.4% during this same time
Want to discuss if now is the right time for your home purchase?  Please call to discuss! - Christie Cannon - 469-951-9588 
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Real Estate Comeback of Bubble?

Monday, March 30, 2015
by Christie Cannon

Is Another Bubble Forming? | Keeping Current Matters

After the housing market bust we experienced across the country in 2008, many experts have been quick to warn that a new bubble may be forming in some areas.

One particular example of this is a recent article pointing toward the California Bay Area’s price gains over the last 18 months.

The quickest and easiest way to show how far we’ve come and how far we still need to go in regards to the ‘Peak’ is to share CoreLogic’s Price & Time Since Peak figures, used to create the map below.

CoreLogic Price & Time Since Peak | Keeping Current Matters

Even with the high performance of prices in the Bay Area, the state of California as a whole is still -14.4% below their Peak, experienced in May of 2006.

The biggest challenge facing the housing market’s recovery right now is the lack of inventory available for sale. Prices are determined by supply and demand. Right now buyer demand is out-pacing seller supply, across many price ranges, driving prices up.

Bottom Line

Traditionally the Spring months have been the most popular dates sellers choose to list their homes. With additional inventory coming to market soon, meet with a professional in your local market to evaluate your best course of action.

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Displaying blog entries 141-150 of 174

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Photo of Christie Cannon Real Estate
Christie Cannon
Keller Williams Realty
5933 Preston Road #300
Frisco TX 75034
972-215-7747
Fax: 972-215-7748
Send an Email
Keller Williams Frisco - The Christie Cannon Team - http://www.christiecannon.com

 

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