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Considering Selling your North Texas Home this Holiday Season?

Wednesday, November 15, 2017
by Christie Cannon
7 Reasons to List Your Home This Holiday Season | MyKCM

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays.

Here are seven great reasons not to wait:

  1. Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their employees in their new positions as soon as possible.
  2. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
  3. You can restrict the showings on your home to the times you want it shown. You will remain in control.
  4. Homes show better when decorated for the holidays.
  5. There is less competition for you as a seller right now. Let’s take a look at listing inventory as compared to the same time last year:

7 Reasons to List Your Home This Holiday Season | MyKCM

  1. The desire to own a home doesn’t stop when the holidays come. Buyers who were unable to find their dream home during the busy spring and summer months are still searching!
  2. The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will continue to surge reaching new heights in 2018, which will lessen the demand for your house.

Waiting until after the holidays to sell your home probably doesn’t make sense.

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DFW growth brought almost 80,000 to the area last year

Monday, April 18, 2016
by Christie Cannon

In one of Steve Brown's most recent articles with the Dallas Morning News, Mr Brown does an excellent job of boiling down some of last year's census numbers into easy to digest numbers.  Between mid 2014 & mid 2015, the DFW area saw in increase of approx 78,000 people to the area.  Collin, Denton, & Tarrant counties led the way with 20K, 19K, & 18K people new to the area!  This equates to approx 6,500 people per month coming in the area! 

This influx of new folks to the DFW area continues to highlight a growing struggle between rising housing costs, a lag in new construction, & low pre-owned home inventory. 

Have questions of how this & other real estate news may affect your home in the market, please feel free to give me a call!

Christie Cannon - 469-951-9588

 

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Frisco Accepting Donations for Project Warm Us

Wednesday, November 12, 2014
by Christie Cannon

Project Warm Us is a great way for members of the community to give some much needed warmth to the homeless in the Dallas, TX area.

Donate your new or gently used items - coats, jackets, sweatshirts, sweaters, blankets, scarves, hats, gloves, shoes, socks(new only).  Donations are being accepted between the hours of 8:00 am and 5:00 pm at the Frisco Square Management Office, 8874 Coleman Blvd., next door to Dimples Cupcake Factory.  To learn more, click here...


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Frisco Community Parade 2014

Wednesday, November 5, 2014
by Christie Cannon

Saturday, November 8, 2014 at 10 am.

Frisco will be hosting it's annual Community Parade.  Attractions include Frisco Police and Fire vehicles, Frisco fire clowns, homecoming/forthcoming royalty of high schools, team mascots, representatives of Frisco’s professional sports teams, and floats and marchers from various civic and youth groups.  Come out and enjoy everything the parade has to offer!  More details can be found here.


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I Don’t Always Find a House I Like, but When I Do …..

Saturday, May 3, 2014
by Christie Cannon

“Why is it….

By now we have all experienced it… House Today, Gone Tomorrow!  But why so fast?...  Sometimes the answer is obvious – the home is priced well, staged, well marketed, in a desirable area, low inventory, priced below FHA limits,… etc & thus moves quickly.   BUT what about that home that is 112 days on the market, you finally go look at it… make your offer & BOOM – multiple offers, or worse… the seller just accepted another offer!   That (my friends) is a whole other level of frustration… how odd that no-one bought it for all that time, until (seemingly) “we” get interested.  So why is it?

It is important to understand that often the very same market factors that “drove” you to that particular home are driving other buyers.  It isn’t hard to surmise that buyers are looking for the best home at the best price – but to see how that may play out in a home that seems more “market stale” than others, picture this same 112 “days on market” home for the last 100 days as having strong competition in surrounding homes. One with an award winning media room, one on a greenbelt, one almost new, one with massive updates, perhaps one a little less functionally obsolete, or maybe a few just priced less – all of these fall under contract, one after the other - until POOF, the 112 “days on market” house’s time has come. This isn’t to take away from the 112 “days on market” house, but simply to reflect that as competition falls off the market, simply due to scarcity of the inventory, the desirability of the 112 day home increases (this is especially true if new listings to the market continue to have price increases) - driving you & the other buyers towards the same home.

Even knowing this…. it still doesn’t make it feel any less like a conspiracy.

Stay "searching" my friends,

- Christie Cannon  -  469-951-9588  -  Christie@christiecannon.com

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Frisco's MLS March Market Numbers!

Wednesday, April 30, 2014
by Christie Cannon

The MLS just released the preliminary Frisco numbers for March 2014 & WOW!

  • March-to-March listing down -21.3%
  • Year-to-Date listings down -13%
  • March-to-March closed sales down -12.8%
  • Year-to-Date closed down -3.6%
  • March-to-March Listing Under Contract down -25.2%
  • Year-to-Date Listings Under Contract down -12.5%
  • March-to-March Days on Market UP +0.7% = 51 days.
  • Year-to-Date Days on Market down -12.9%
  • Month’s Supply of Inventory down 32.9% to 1.5 months supply
  • YTD Price is up +12.5% Average & +16.5% Median Sales Prices
  • Percent of Original List Price Received YTD is 96.4%

A couple of things that stand out to me…

  1. WOW – inventory is low!
  2. See #1
  3. The huge discrepancy between March-to-March numbers v/s the YTD may be explained by not only changes in market but also (to a degree):
    1. March numbers include some estimates/projections
    2. Weather factors were big this spring – which often affects buying cycles (moving them sooner &/or later in a year)
    3. More purchases are occurring outside of the MLS – New Builds, some “Hip Pocket Listings”, etc
    4. ** While a 1.5 months supply of homes clearly indicates a strong seller’s market, dare I say, there are still some sellers who may be over estimating their home’s position in the market or the market’s strength – which is reflected in an average sale with a Percent of Original List Price as 96.4%, which does NOT reflect seller paid concessions – and an increased number of days on market (I am proud to say that The Christie Cannon Team averaged 20 Days on Market with over 98% of Original List Price).

Have questions on how this market may affect you or your family's real estate goals?  Have questions about how your city, area, or neighborhood is doing?

Please feel free to call or email with questions!

-          Christie Cannon  -  469-951-9588  -  Christie@christiecannon.com

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North TX Market - Home Sales up 29% - Foreclosures Down 10%

Wednesday, November 14, 2012
by Christie Cannon

A strengthening market and low financing costs have propped up home sales for the region.

According to the Real Estate Center, home sales for North Texas climbed 29 percent in October, the largest year-over-year sales increase of pre-owned homes in more than three years. Pending sales are also up 20 percent compared with a year ago, signaling a strong finish to the year.

The biggest year-over-year sales increases were found in North Dallas (79 percent), northeast Dallas (71 percent) and Far North Dallas and Coppell (59 percent).

You can read a related article by- Steve Brown - Real Estate Editor - DallasNews.com

For market statistics broken down by area, please try - www.DFWHomeTrends.com

 

Have Questions about your neighborhood or your home's value - please give me a call:

Christie Cannon - 469-951-9588  www.christiecannon.com

 

 

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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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