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Displaying blog entries 61-70 of 167

The Shops at Willow Bend Facelift Continues

Thursday, September 8, 2016
by Christie Cannon

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

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TV Real Estate Myths!

Saturday, August 20, 2016
by Christie Cannon

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!

 

 


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How Much Have Texas' Home Values Risen?

Thursday, August 18, 2016
by Christie Cannon

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 3rd 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

 


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

Wednesday, August 17, 2016
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

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Frisco Facts at a Glance!

Saturday, August 13, 2016
by Christie Cannon

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+
Residential Demographics Average
  • Age - 36.1
  • Households w/children 17 & younger - 32.9%
  • Median Household Income - $115,603
  • Average SF Home Appraisal - $359,924
  • Median Monthly Mortgage - $2,187
Workforce
  • Residents 25+ w/Bachelor’s or Grad Degree - 60.2%
  • Workforce Estimate - 75,633
  • Unemployment - 2.9%
Frisco Independent School District
  • Enrollment 5.2.2016 - 53,806
  • Projected Enrollment 2020 - 65,848
  • High Schools - 8
  • Number of Schools - 64
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The Impact of Interest Rates!

Tuesday, August 9, 2016
by Christie Cannon

For most home buyers, a mortgage is a reality.  When it comes to purchasing with-in a buyer's set budget, understanding your interest rate is a critical factor in affordability!

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Green Meadows in Celina TX

Wednesday, June 15, 2016
by Christie Cannon

Celina TX's explosive growth is expected to continue well past 2016 with one of their latest large master planned communities with Green Meadows.  This latest 1,400 acre community by Tomlin Investments is expected to be over 4,500 single-family homes once completed.  Amenities are planned to include multiple swimming pools, community gardens, dog park, playgrounds, walking trails, sand lot volleyball courts, a massive outdoor grilling area with a fire pit, a $4.5m amenity center, and even an in-community day-care (expected to arriving in phase III). 

Dallas Morning News reported the developer as expecting to be approximately 90 days from starting.  Dan Tomlim (of Tomlin Investments) offered to Steve Brown of DMN that while builders have not yet been expected, they are forecasting a target starting price of about $350K.  

The community boasts a premium location approximately 10 miles north of 121 fronting Legacy Rd, just west of the Tollway & south of the expanding Collin County Outer-Loop. 

Additional concept plans can be found here!


CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

469.951.9588: Mobile

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

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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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Windsong Ranch Prosper TX Wins Again

Saturday, May 28, 2016
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

 


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Where are the Foreclosures?

Friday, May 27, 2016
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

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Displaying blog entries 61-70 of 167

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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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