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Displaying blog entries 61-70 of 137

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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Storm & High Winds Take Down Frisco TX Silo!

Tuesday, March 8, 2016
by Christie Cannon

I have talked about the Frisco TX;s unique silos previously.  Unfortunately, in a storm today, one silo fell to the wind!  It appears that high winds took the silo off its foundation! 
Here is to hoping that Frisco is able to move forward on a project with the existing space that will continue to bring value to our great city!
Best of luck & prayers to any one affected by the storm. 

- Christie Cannon, Keller Williams Frisco TX
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Where are Americans moving to?

Thursday, February 11, 2016
by Christie Cannon

- Christie Cannon - Keller-Williams-Frisco

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Home Sales Bounce Back Despite Low Inventory

Sunday, January 31, 2016
by Christie Cannon
  • December saw the highest month-over-month increase with existing Home Sales up alomost 15% over November.
  • The National Pre-existing Home Inventory remains below the historic norm with only a 4-months supply.
  • Year-over-year price gains continue with a 7.6% increase.
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National Association of REALTORs December Existing Home Sales Report

Monday, January 11, 2016
by Christie Cannon

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Real Estate News: 5 Real Estate Trends in 2016

Monday, December 28, 2015
by Christie Cannon

Realtor.com & the National Association of REALTORs just posted their predictions for the top 5 industry trends in 2016.

 

  • A Return to Normal for Real Estate

In the words of Skywalker, "it will bring balance to the force."  While sales will continue strong, most markets will see a return to the more modest gains that are reflected in a balanced (& more sustainable) market.

  • Generational Data Supports Strong Selling Season in 2016 
In 2015, Millennial buyers represented almost 1/3 of home purchases.  This trend is expected to continue in 2016; as well as an expected return of financially recovering Gen-Exers & Baby Boomers.  According to the NAR, Gen-X buyers will be entering their "prime earning" years, just as Baby Boomers are tradtionally seeking to down size &/or relocate for retirement. More predictive analysis for 2016 (several years out) can be found here!
 
  • Builders will Transition to More Affordable Housing
As balance returns to pre-existing home sales and credit availability improves for first-time buyers, builders will see more attractiveness in building products to fill these niches.  Likewise, with the increased capital in the market from 2015, the direction of growth is already trending to the "out-skirts" of traditional suburb areas where land prices are more affordable.
 
  • Interest Rate Rise Will Affect the Higher-Price Markets
The FED has already increased interest rates this past month.  Additional increases are expected in 2016, with mortgage rates predicted to rise up to 60 basis points. As the rate increases, affordability will drop.  In areas where the move-up buyer is a significant part of the market, even a small "affordability" drop can have significant affect.
 
  • Rents Will Continue Their Rise (in some areas meteorically)
In more than 85% of market areas, the average rent to income ratio already exceeds 30%.  Demand aside, increases in property taxes & tax valuations result in double digit rent growth as those cost are passed from landlord to tenant.
 
 
- Christie Cannon - Keller Williams Frisco TX
 
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Holiday Happenings - All Around Town

Thursday, December 17, 2015
by Christie Cannon

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Continued Drop in Distressed Home Sale Prices

Sunday, November 29, 2015
by Christie Cannon

In the latest Existing Home Sale Report from the NAR (National Association of REALTORs), the NAR is reporting that less than 6% of the national market represents distressed sales.  This is a sharp decrease from 2014 reporting at 9%. At their most recent peak, distressed property sales represented a full 35% of all national real estate sales.  6% represents the lowest figure since 2008, when the NAR began tracking this metric. 

Existing Home Sales continue steady, with year-over-year sales up 3.9%.  Likewise, inventory remains low at approximately 4.8-months supply, versus a balanced market at 6-months.  The national median home price has seen an increase of 5.9% to $219,000.  It is important to consider, that the sharp increase in median price, at least for many markets, represents a regaining of previously lost sale prices.

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Niche.com's Best Suburbs to Purchase a House in TX

Monday, November 23, 2015
by Christie Cannon

Niche.com just published their 2015 List of Best Suburbs in TX to Purchase a Home!

Once again Denton & Collin Counties dominate the top 10 list with 8 spots!

 

  1. Little Elm
  2. Murphy
  3. Frisco
  4. Allen
  5. Lavon
  6. Leander
  7. Wylie
  8. The Colony
  9. McKinney
  10. Cedar Park
The Best Suburbs List is also broken down by Metro Area - Dallas. For the entire list &/or how the rankings were calculated, click here!

 

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Why Correct Pricing is Key

Tuesday, November 10, 2015
by Christie Cannon

How many times have you as a buyer, seller, home owner, or real estate pro witnessed a house that seemed to linger a little longer than the neighbors, then undergo a modest price drop and -boom- full price offer, or better yet (at least for the seller) multiple offers?  There is no better anecdote for the power of proper pricing than this classic scenario.

Proper pricing placement is critical to positioning a home in the market. Even a home slightly overpriced will often go "unnoticed" by buyers in the market, despite a seller's likely willingness to negotiate a less than full list-price contract. According to the National Association of REALTORs, pricing a home 10% over market value eliminates up to 70% of the "buyer pool" willing to look at the home.  As such, proper pricing or a well timed price reduction, can assist in positioning a home where the market is most likely to react.  

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Displaying blog entries 61-70 of 137

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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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