Displaying blog entries 61-70 of 71
The newest report shows that existing home sales are at their highest level for 2014! Check out the latest report from the National Association of Realtors.
The new Dallas Cowboys World Headquarters and Training Facility, set to open in Frisco in 2016, will allow Frisco ISD football players to practice right alongside America's team.
The driving force for Jerry Jones' plan is a marriage between America's team and Texas high school football. The Frisco Independent School District will also have full run of the stadium when the Cowboys aren't in town. Read more here...
Interest in Frisco has gone international! Dubai-based, Invest Group Overseas, has announced plans for a $700 Million new development at the corner of the Dallas North Tollway and the future extension of John Hickman Parkway in Frisco. The proposed project, The Gate, will be a 40.95 acre mixed use project just north of the new Dallas Cowboys Headquarters. Full details can be found here.
Thank you to our clients, colleagues, & staff!
Christie Cannon & our Team was once again chosen by D Magazine for the Best Real Estate Agent list in 2014. Christie Cannon & Kevin Cannon were also chosen as a D Magazine Top Residential Real Estate Producers.
A special Congratulations to Sandy Stewart - Lead Buyers Agent for the Christie Cannon Team - who was again chosen for this prestigious award!
We owe a special "thank you" to the Real Estate Community for their recognition, our staff and agents, & most importantly, to our clients for their confidence & support.
Christie Cannon's D Magazine article can be viewed here at D Magazine.
Not Likely Yet..........
I am often asked about the foreclosure market here in North Texas. A great tool in understanding how much change we have seen over the last 18-months in regards to foreclosures is CoreLogic's National Foreclosure Report. According to CoreLogic's May report, foreclosures are on 31 months of consecutive year-over-year decline. In simply terms, May 2014 represents a 37% decline compared to May 2013 - and 9.4% year-over-year decline. While it is true that TX is represented in the top 5 states of foreclosure volume in the last 12 months, we are also among the lowest by percentage of inventory. TX's foreclosure inventory represents .07% versus a national average of 1.7%.
Does this mean the "foreclosure" market is in permanent decline?.. I would be very hesitant to say such... many factors affect real estate, both in the short term & long term. And while in TX (a non-judicial foreclosure state) our inventory has moved quickly, there remains a "backlog" of inventory in many parts of the country. Likewise, in many areas, we can still see Mortgage Delinquency Rates (a "precursor" to foreclosures) remain higher than historical averages.
All that said, at least in the North TX market, a buyer offering that they "just want to look at foreclosures" may have (as we say in TX) some very slim pickins'.
- Christie Cannon
I just wanted to take a minute and to offer my sincere appreciation & gratitude to our clients - and my thanks to the staff & agents here at the Christie Cannon Team!
Once again this year Real Trends (a leadership in Real Estate data) named us - The Christie Cannon Team - among Real Trends Best Real Estate Agents in America!
Thank you again to all those who helped make our success possible!
- Christie Cannon
In case you missed the billboards & ads - McKinney is pushing hard to expand their share of the air! McKinney National Airport continues to court corporate & executive air travel seeking an alternative to Love Field's increased (& projected increases) in commercial traffic. After McKinney's recent large investments in the expansion & updating of the former Collin County Regional Airport - now McKinney National Airport (TKI) - results are beginning to show! Monach Air anounced a lease of a large portion of the airport's hangar space & the airport was recently names in the 2014 Pilot's Choice Awards by Fltplan.com.
More info can be found at flytki.com
Hillwood's latest Little Elm development - a $600 Million+ venture - looks to be a stand out! With the continued growth headed north, this community is positioned to compete among the renewed growth & expansion of the 380 corridor. The build-out expectation is 2,400 homes served by a 30-acre park, greenspaces, ponds, hiking/jogging trails, an amenity center, & ampitheater!
The communty rendering can be found here!
Frisco, TX - Want to know what is going on with the latest in Frisco's development & demographics... check out the Frisco Economic Development Council. Their most recent presentation can be found here - offering the latest information on the Forest City development at 380 & the Tollway, Frisco Market Center, Grand park, Frisco Square & more! - Still no solid information on Frisco's silo restaurant project by MDS Capital!
- Christie Cannon - 469-951-9588 - www.christiecannon.com
Displaying blog entries 61-70 of 71
