Real Estate Information Archive

The Christie Cannon Team of Keller Williams Frisco wants to congratulate Sandy Stewart for earning the Five Star Real Estate Agent Award for her 4th year in a row!

Sandy has been a REALTOR since 2005 and joined The Christie Cannon Team in 2011.  Sandy has served previously as a member of the Agent Leadership Council of Keller Williams Frisco.  Sandy is recognized as a tireless advocate for our clients and loves to share her expertise of the Collin & Denton county markets with both new & experienced home buyers alike.  When Sandy is not helping her clients fill their real estate dreams, Sandy is involved in many community organizations & charities.

Sandy holds designations as a Graduate, REALTOR Institute (GRI), Short Sale & Foreclosure Resource (SFR), & E-Pro Technology Certification.

Sandy can be reached at sandy@christiecannon.com or (469) 964-3955!

Thank you for all you do, Sandy!

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Frisco TX

469.951.9588: Mobile

972.215.7747: Office

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

Global Property Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

Renovations continue at Plano's The Shops at Willow Bend. The demolition of now vacant Saks Fifth Avenue is well under way and a $100million renovation by Starwood Retail Partners has begun. 

According to Dallas Morning News, currently plans are to be completed in 2018 & include:

— A pedestrian-friendly restaurant row visible from the Dallas North Tollway will go in where Saks Fifth Avenue is being torn down after sitting empty since 2010.

— A nine-story, 200,000 square-foot office building will be built where a Mercury restaurant once stood. The tower's lobby will be connected to the mall.

— A boutique hotel or an entertainment venue is planned on the west side of the mall.

—  And a fitness club is being courted for a spot between Crate & Barrel and Restoration Hardware where a fountain now sits.

The expansion will incorporate an open-air concept mall with Willow Bend's current anchor retailers. which include Texas' native Neiman Marcus.

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Frisco TX

469.951.9588: Mobile

972.215.7747: Office

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

Global Property Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

4783 Preston Road #300, Frisco, TX 75034

Christie Cannon Named to REAL Trends' America’s Best Real Estate Agents in Frisco, TX.

Christie Cannon of Keller Williams Realty Frisco was named one of America’s most productive sales associates as a part of REAL Trends America’s Best Real Estate Agents, the newly issued ranking report produced by REAL Trends and sponsored by Zillow Group.  Cannon’s Team is now a member of the “America’s Best Real Estate Agents,” and ranked number 14 for the state of Texas.  

REAL Trends America’s Best Real Estate Agents ranks over 12,000 residential real estate professionals solely based on their excellence in real estate sales during calendar year 2015. All production numbers are independently verified by a third-party in order to ensure accuracy and report integrity. This group of highly successful real estate sales agents represents less than 1 percent of all real estate practitioners in the United States.

The real estate professionals are ranked in four categories:

• Individual agent — Sales volume
• Individual agent — Transaction sides (in each real estate transaction there are two sides that can be represented by a real estate agent: the buy side and the selling side)
• Agent team — Sales volume
• Agent team — Transaction sides

To qualify for inclusion, an individual agent must have closed at least 50 transaction sides or $20 million in sales volume in 2015. For real estate agent teams, the minimum is 75 transaction sides or $30 million in closed sales volume.

“The average residential real estate agent in the United States closed fewer than eight transactions in 2015 and had less than $1.5 million in sales,” says Steve Murray, publisher of REAL Trends’ America’s Best Real Estate Agents and president of REAL Trends. “To say that Christie Cannon is an exceptional sales professional is an understatement. To attain this level of sales is truly outstanding.”

“We are also pleased that two of the nation’s most prominent online real estate websites, Trulia® and Zillow®, have partnered with REAL Trends to bring a superior level of customer exposure of these sales agents’ performance,” Murray added.

Information on those receiving this recognition can be found online at http://www.americasbestre.com. 

“I am obviously pleased and honored to be ranked on this ranking of the country’s top residential real estate agents,” said Christie Cannon, “It represents the time and effort that we put into each client that we serve and how much work it takes to build a successful real estate career. The level of sales it takes to qualify makes it a truly special recognition.”

ABOUT REAL TRENDS

REAL Trends is a Castle Pines, Colorado-based real estate publishing and consulting firm that offers a wide range of research and advisory services to the residential real estate industry. Recognized as the leading source of trends in the industry, REAL Trends also publishes the REAL Trends The Thousand, as advertised in The Wall Street Journal and the REAL Trends 500, which ranks the top brokerage firms in the United States.

Zillow is a registered trademark of Zillow, Inc. Trulia is a registered trademark of Trulia, LLC. These marks are used with permission.

Many experts have been calling upon home builders to ramp up construction to help with the lack of existing inventory for sale. For the past two months, new home sales have surged, with July’s total coming in at the highest since October 2007.

The latest estimates from the US Census Bureau and Department of Housing and Urban Development show that sales in July were31.3% higher than this time last year, and 12.4% higher than last month, at a seasonally adjusted annual rate of 654,000. 

 Zillow’s Chief Economist, Svenja Gudell, echoed the reaction of some as she commented:

“July(‘s) new home sales data was a surprise, but a welcome one. For years, the market has been practically begging builders to both ramp up their efforts overall and to put more focus on serving the less expensive end of the market. Today's data confirms both are happening in earnest.”

 The National Association of Home Builder’s (NAHB) Chairman, Ed Brady, didn’t seem as surprised:

 “This rise in new home sales is consistent with our builders’ reports that market conditions have been improving. As existing home inventory remains flat, we should see more consumers turning to new construction.”

  NAHB’s Chief Economist, Robert Dietz, believes this is just the start for new home sales if market conditions continue:

  “July’s positive report shows there is a need for new single-family homes, buoyed by increased household formation, job gains and attractive mortgage rates. This uptick in demand should translate into increased housing production throughout 2016 and into next year.”

  The existing home sales numbers for July will be released today and will shed more light on the overall health of the housing market.

Bottom Line

New home sales hit their highest mark in over 9 years. Buyers are out in force to find a home that fits their needs. Many are turning to new construction, as the inventory of existing homes has not been able to keep up with demand.

Christie Cannon of Keller Williams Frisco Named One of America’s

Top 1,000 Real Estate professional Teams BY
Real Trends, As advertised IN

THE WALL STREET JOURNAL

Christie Cannon, From Frisco TX, Had an Impressive 2015 on Her Way to Becoming One of DFW’s Top Professionals  

Christie Cannon of Keller Williams Frisco was named one of America’s top real estate professional teams by REAL Trends, as advertised in The Wall Street Journal.  Her Team is now a member of the “The Thousand Top Real Estate Professionals,” a prestigious national awards ranking sponsored annually by REAL Trends and advertised in The Wall Street Journal.  Cannon is now ranked in the top one half of 1 percent of the more than 1.1 million Realtors® nationwide.

The Thousand real estate professionals was announced on June 24, 2016, with four separate categories honoring the top 250 residential agents and agent teams for excellence in:

• Individual Sales Professionals—Sales volume
• Individual Sales Professionals—Transaction sides (in each real estate transaction, there are two sides that can be represented by a real estate agent: a buyer’s and a seller’s.)
• Team Professionals—Sales volume
• Team Professionals—Transaction sides  

For the second year, REAL Trends has added two new categories to The Thousand ranking based off of average sales price. This new category is broken down into the top 50 residential agents and agent teams for excellence in:

• Individual Sales Professionals – Average Sales Price
• Team Professionals – Average Sales Price

According to The Thousand, Cannon had 270 home sales totaling over 97-million in home sales, ranking 235th, in the nation.

“The best individual agents and teams—including Cannon’s award-winning efforts—were nothing short of phenomenal considering the challenges in today’s complex housing market,” said Steve Murray, founder of REAL Trends, a Denver-based consulting, publishing and communications company and The Trusted Source that complies the yearly, third-party verified list.

“Becoming a member of such an elite group as The Thousand is an incredible accomplishment in any market, but what Christie Cannon did during these challenging times is impressive on so many levels,” said Marti Gallardo, vice president of classified advertising for The Wall Street Journal.  “Cannon's efforts topped 99.99 percent of the more than 1.1 million Realtors nationwide.”

“I am absolutely thrilled to be named to The Thousand,” said Cannon, who serves clients primarily in Collin, Denton, & Dallas Counties.  “It’s incredibly gratifying to help clients find their dream homes as well as help them sell their properties quickly and for the highest price possible.”

The ranking of The Thousand can be found at:

          www.thethousandrealestateprofessionals.com 

About The Thousand - This awards program was developed jointly by WSJ. Custom Studios (and is not affiliated with the Editorial Department) and REAL Trends, a leading source of analysis and information for the residential real estate brokerage industry. REAL Trends The Thousand honors America’s elite real estate professionals and their companies and is compiled and analyzed by REAL Trends with a special ad section included in The Wall Street Journal. 

So by now we have all seen the myriad of TV Real Estate Shows - you know the shows where lovely couples are generally seeking out starter homes at prices that would make our average North Texas' buyers pass-out.  As a long-time agent and someone who has been asked by producers to participate in such shows, I am often asked what is the Reality v/s the Realty? I came across the below blog post from a Real Estate Magazine that discusses that very question.  By now most of this may be fairly common knowledge, but I thought it may also be a little fun.

Reality TV Show Myths vs. Real Life:

Myth #1: Buyers look at 3 homes and make a decision to purchase one of them.

Truth: There may be buyers who fall in love and buy the first home they see, but more often than not the process of buying a home means touring more than three homes. (We often see buyers who understandably want to tour & examine dozens of homes before they are comfortable making such an expensive decision.)

Myth #2: The houses the buyers are touring are still for sale.

Truth: The reality is being staged for TV. Many of the homes being shown are already sold and are off the market.

Myth #3: The buyers haven’t made a purchase decision yet.

Truth: Since there is no way to show the entire buying process in a 30-minute show, TV producers often choose buyers who are further along in the process and have already chosen a home to buy.

Myth #4: If you list your home for sale, it will ALWAYS sell at the Open House.

Truth: Of course this would be great! Open Houses are important to guarantee the most exposure to buyers in your area, but are only a PIECE of the overall marketing of your home. Just realize that many homes are sold during regular showing appointments as well. (Open Houses are a great tool, but really are only 1 of many options.  Likewise, despite marketing, an Open House’s success is often very dependent on a home’s location, the communities’ traffic, & the proximity to New Home communities.)

Myth #5: Homeowners make a decision about selling their home after a 5-minute conversation.

Truth: Similar to the buyers portrayed on the shows, many of the sellers have already spent hours deliberating the decision to list their home and move on with their life/goals.

My take away - Like most things on TV, these shows are all about having some fun; so relax & enjoy.  As a watcher of renovation shows, I fully understand that kitchen remodels take longer than 3-days; adding granite + new tile doesn’t really raise the value $25k; & no matter how easy it looks on TV, I will never be able to make a cute coffee table out of a reclaimed shipping pallet  -– but I still enjoy watching them!

The fast pace of North Dallas' Real Estate market often has people asking about where prices are headed v/s where prices have been.  

As we have previously reported, each quarter Freddie Mac releases their Home Price Index, tracking national & local statistics.  One of the most compelling illustrations of how high values have risen can be found in the above map, reflecting overall state values as a percentage of their increase over Pre-2008 Peak Values.  Texas' value, as a whole, ranks 3^rd behind North Dakota & Colorado for their percent over Peak Values.

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Realty Frisco 

469.951.9588: Mobile

972.215.7747: Office

www.christiecannon.com

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

Have Questions about your community or your home?  Please give me a call!

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Realty Frisco 

469.951.9588: Mobile

972.215.7747: Office

www.christiecannon.com

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

Frisco Fast Facts & Stats

• Land square miles - 70.2
• Land Developed - 62%
• Growth Rate 2000 – 2014 - 307%
• Population 7.01.2016 - 156,320
• Population 2000 Census - 33,714
• Population Build Out - 375,000+

Christie Cannon & The Christie Cannon Team was recently awarded

The Five Star Real Estate Agent Award & featured in Texas Monthly magazine.

Thank you for all your support!

For 13 years the Five Star program has conducted market research in 45 markets in order to identify excellent service professionals. Homebuyers & sellers are surveyed and asked to evaluate with whom they have worked.  Judged on 10 criteria, these nominations are then elegible for the award.  The Christie Cannon Team is thrilled to announce that we have been blessed to receive this award for the 5th year in a row!

Additional info on the award can be found here!

Thank you again for the opportunity to serve you & for your continued support!

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Frisco TX

469.951.9588: Mobile

972.215.7747: Office

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

Global Property Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW