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Home Tours With Social Distancing!

by Christie Cannon

Did you know that at The Christie Cannon Team we offer virtual home tours on ALL of our homes?  That's right whether the home is listed for $50,000 or $5,000,000 we do all that we can to make sure that your home is properly marketed and that buyers are comfortable and have the tools they need to make a wise buying decision!

During the times that we are in right now, this is exceptionally helpful!  If you are in the market to purchase a new home, you can tour all our listings without even leaving your current home!  Fell like you are walking the home in person as you glide from room to room.  You can even zoom in on details, get a 360 view, view the floor plan and even measure walls and openings!  That's right!  You can literally make sure your personal belongings will fit in any space.  Not to mention there is even a virtual reality option.  Strap on those goggles and tour away!

We are dedicated to the health, safety and happiness of ALL our buyers and sellers at this time when we are practicing "social distancing" to protect each other.  We are still here as your Real Estate Experts to help you with the home buying process, selling process or just to answer any questions you may have!

 

Check out this virtual tour for 5739 Summer Star Lane in Frisco and see more on all our blog pages and home websites!

The Christie Cannon Team

972-215-7747

cannonteamhomes.com

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09:24 AM CDT on Friday, May 9, 2008

By STEVE BROWN / The Dallas Morning News

Potential Dallas-Fort Worth homebuyers who are nervous about whether it's a good time to purchase a house might find some comfort in a new report.

But analysts caution not to get carried away with the data.

The study by the Center for Economic and Policy Research and National Low Income Housing Coalition projects that DFW homebuyers could see one of the best increases in equity in the country during the next few years. 

The comprehensive report looked at home ownership and rental costs and the prospects for building home equity in 100 metropolitan areas.

In terms of building equity, the D-FW area is among the top five markets expected to do well between now and 2012. A homeowner who buys a house priced at 75 percent of the median for the area could gain more than $80,000 in equity four years from now, the study finds.

"I wouldn't want people to run out and make investment decisions based on this," Dean Baker, one of the authors of the report, said Thursday.

But he said the Texas market is probably in the best shape in the country.

"The fact that Texas didn't take part in the housing bubble is good news," he said. "You are not going to feel the pain other cities are."

Indeed, while home equity is likely to grow during the next few years in Texas cities, homeowners could lose equity in their houses in about a third of the cities in the report.

The biggest declines are forecast in markets that have seen big price increases in recent years, including many California cities.

"People in Texas have benefited from not having that temporary run-up in prices," Mr. Baker said. "That wasn't healthy, and now people are really getting hurt [there]."

Median home sales prices in North Texas have dropped only slightly during recent months, while residential values in many coastal cities have decreased dramatically and are still falling.

Mark Dotzour, chief economist with Texas A&M University's Real Estate Center, said the study's findings confirm the relative strength of the state's housing market.

"There is a lot less downside risk to buying a home in any of these Texas cities and a lot more upside potential," he said.

- For the full article click here -

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