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Frisco, TX Real Estate Market - July's numbers in Review!

by Christie Cannon

 

 
July Numbers from MetroTex for Frisco's home stats are below!

The take-away
- Price up from last year about 2%. 
- # of homes sold down about 9%. 
- # of homes listed for sale down 

July 2016 
•318 – Homes sold, down 9.4 percent from July 2015.
•$383,500 – Median sales price for homes, 2.3 percent higher than July 2015.
•$424,829 – Average sales price for homes, a 5.3 percent increase.
•3.3 – Monthly housing inventory estimate.
•36 – Average number of days homes spent on the market in July 2016.
•853 – Active home listings on the market in July 2016.

Year-to-Date Market Snapshot
•1823 – Homes sold, 0.9 percent lower than the same time frame in 2015.
•$776,513,998 – Total dollar volume of sales in Frisco, a 4.4 percent increase over 2015.
•$387,500 – Median sales price for homes, a 5.9 percent increase.
•$425,954 – Average sales price for homes, a 5.3 percent increase.
•41 – Average number of days homes spent on the market.
•685 – Average monthly active home listings.

 

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

Christie Cannon awarded 5-Star Real Estate Agent Award

by Christie Cannon

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

 


Dallas Home Price Increases Far Outpace the US

by Christie Cannon

While many have reported the record gains that DFW has seen over the last 5-years have started to slow in their pace of increase, affordability continues to be a real problem for low-to-medium income households.  

Our record increases are easily reflected in the latest S&P/Case Shiller Index.  With local home prices up over 8.4%, Dallas' increase is almost twice that of the national average of 4.4%.  According to the Case Shiller Index, North Texas' record levels are almost 20% higher than our "peak" market in 2007!  While many of the economic fundamentals of the North Texas economy remain strong, many in our market are starting to grow weary of the increasing affordability gap. Despite Dallas being among the top three increases in the nation, many experts still consider the North Texas market a bargain compared to many other market areas around the nation. However, we are already starting to see signs of buyers (especially those that are long term residents) growing fatigued with rising sale prices compared to North Texas' more modest historic gains.

 

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Realty 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

Among the top 250 Real Estate Teams in America as seen in The Wall Street Journal

Certified Luxury Home Marketing Specialist

Gobal Property Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

 


DFW's Housing Prices Continue Rise Despite Some Softening

by Christie Cannon

Case-Shiller posted their Home Price Indices today. Overall, the 20-city composite reflected a .09% gain in May & a 5.2% gain for the last 12 months. According to Case-Shiller, home prices when seasonally adjusted fell by .1% in May. 

DFW had a 9% increase in the last year & a 1.3% increase for both May/April & April/March. Seasonally adjusted, these numbers fall to May/April at .5% and April/March at .1%.

In a recent article on the Dallas Business JournalCandace Carlisle reports that over the last 5 years North Texas home prices have climbed a whopping 43%! As Carlisle reports, the affordability issue continues to create struggles for the DFW market.  You can read the full article here!

For more information regarding your local market, please feel free to give us a call!

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

 


Christie Cannon chosen among D Magazine Best Real Estate Agents

by Christie Cannon

Christie Cannon & The Christie Cannon Team of KW Frisco named by

 Magazine for the Best Real Estate Agent list in 2016.  

Thank you to our amazing clients, colleagues, & outstanding staff!

Christie Cannon & Kevin Cannon were also chosen as a  D Magazine Top Residential Real Estate Producers.

We owe a special "thank you" to the Real Estate Community for their recognition, our dedicated staff and agents, & most importantly, to our clients for their confidence & support.  

 "As a full-time Real Estate agent I truly enjoy providing an exceptional, five star service to my clients. I have been in the industry for 15 years and have an extensive knowledge of the real estate industry. A lot of people have asked what my secret to success has been over the years and there is no "real" secret....it's just providing an outstanding level of service. I believe in offering consultation and assistance beyond just the sale of a home.

 I have been fortunate enough to have been blessed with the most amazing team that helps me meet the needs of each of our clients on an individual level. With the help of my team, I can quickly respond to the needs of each of our clients above and beyond just the sale of each home. This high level of service creates a constant communication with clients to keep them up to date on the status of their transaction so I never leave someone wondering. I want to make sure you are completely satisfied throughout your entire transaction and then become your real estate agent for life!

I look forward to hearing from you and assisting you with all of your real estate needs!”

Christie Cannon's Magazine article can be viewed here at Magazine.

Thank you so much for the 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



What is coming to 380 & 423?

by Christie Cannon

So sales counselors Jeff Cook & Charles Durrenberger of Highland Homes / Horizon Homes at Arrowbrook in Aubrey were kind enough to share with us this rendering of some of the upcoming development at 380 & 423!

We seen some of the past reporting & rumblings, but this rendering offers us a great picture of what may come!

For a full size rendering that you can zoom, please click here!

 

 

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

469.951.9588: Mobile

www.ChristieCannon.com

 

 

Looking for Things to do in Dallas?

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


 

 

Windsong Ranch Prosper TX Wins Again

by Christie Cannon

Windsong Ranch in Prosper TX continues to rack up the awards in 2016.  Earlier this month the Dallas Builder's Association (DBA) awarded Windsong Ranch the very coveted People’s Choice Community of the Year Award. in 2015, the Dallas Builder's Association awarded the community both Master Planned Community of the Year & Best Welcome Center.  There award follow the community winning 2015 & 2016 awards from the National Association of Home Builders for Best Amenity Center, Master Planned Community of the Year, & Best Landscape Plan.  

Offering over 600 acres of lakes, parks, creeks, hike & bike trails, resort style amenities, a community cafe, planned on-site Prosper ISD schools, & a location only a few miles from the Dallas North Tollway - Windsong Ranch is likely to continue grow in popularity as new phases open. Offering homes from such DFW favorite builders as: Highland Homes (DBA 2016 People's Choice Builder of the Year), American Legend (coming soon & DBA 2016 Builder of the Year), Huntington Homes, David Weekley Homes, Drees Homes, & more!

Want to know more about this awesome community or wish to see about what opportunities may be available for you? - Please give us a call!

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

 


Where are the Foreclosures?

by Christie Cannon

Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed property inventories are about to skyrocket. Today, we want to reveal what is actually taking place in this segment of the housing market.

CoreLogic, in their most recent National Foreclosure Report, reported that foreclosure inventory has decreased by 23.2% since this time last year. The report also showed that foreclosure inventory has decreased in 49 of the 50 states and that 45 states have posted a year-over-year, double-digit decline (see chart below).

Other findings in the report:

  • The Seriously Delinquent Rate (homeowners more than 90 days behind in their mortgage payment) is 3.1% which is the lowest level since November 2007
  • The Foreclosure Rate is 1.1% which is also the lowest level since November 2007
  • This was the 53rd consecutive month that showed a decline in the Foreclosure Rate

Though foreclosures do remain in the market, the number is dramatically decreasing. The fact that mortgage delinquency rates are also decreasing means the worst of the foreclosure crisis is in the rearview mirror.

Looking for information specific to the North Texas Real Estate Market?  Please give us a call,

  

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

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

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

Dallas North Tollway Expansion Continues!

by Christie Cannon

New lanes being added to the Dallas North Tollway!  Happiness abounds despite the growing pains as the Dallas North Tollways continues their ongoing expansion efforts!

For more on the latest efforts, please see below!

 

For more information on North Texas Real Estate, please give us a call.

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

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

Displaying blog entries 41-50 of 139

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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
Keller Williams Frisco - The Christie Cannon Team - http://www.christiecannon.com