Displaying blog entries 1-10 of 42
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March 29-31, 2019 - Ford Center at The Star
Solve all your projects in one place in one weekend at the Greater Frisco Home & Garden Show! You’ll find the latest products and services for your home and landscape: builders, re-modelers, contractors, building materials, decks, pools, spas, entertainment systems, storage solutions, all kinds of plants, landscape displays, kitchenware, home accessories and so much more!
Our very own Christie Cannon offers a sneak peak below!
For More information - http://showtechnology.com/event/greater-frisco-home-garden-show/
Christie Cannon of The Christie Cannon Team | Keller Williams was blessed with the opportunity to share our APP with the viewer of Good Morning Texas! For our APP text APP to 469-951-9588
Zach Sams of Kensington Vanguard sat down with Kevin Cannon, Keller Williams Team Leader & owner at The Christie Cannon Team, to talk about up and coming REALTORs in the DFW area and how Kevin's managed to stay on top of the competition in the ever-expanding market in the Metroplex.
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If you are looking to find out more information about the local North Dallas Real Estate Market, please give us a call. We would be delighted to answer your real estate questions. Likewise, we would be happy to refer a quality local lender to answer your mortgage questions!
Christie Cannon | Keller Williams Frisco | 469-951-9588
Christie Cannon was recently featured on The Working Podcast with Zach Sams of Kensington Vanguard. In case you missed it, please find the entire podcast below and be sure to check out Christie on American Dream TV.
Zach invites Christie Cannon of the Christie Cannon Team with Keller Williams on to the show to talk about the modular design of her full-suite team and their uncanny ability to cement themselves as one of the top Real Estate teams in the often unpredictable Dallas/ Fort Worth market year after year before digging into her upcoming segment on The American Dream TV and how she'll be filling home sellers in on the secret to selling without spending a dime this Saturday (March 3rd, 2018) at 1pm on TXA 21. For more about Christie and her team, visit www.christiecannon.com.
Christie Cannon | REALTOR
The Cannon Team
Keller Williams Realty Frisco
469-951-9588
www.ChristieCannon.com
What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened.
“A bubble requires both overvaluation based on fundamentals and speculation. It is natural to focus on an asset’s fundamental value, but the real key for detecting a bubble is speculation…Speculation tends to chase appreciating assets, and then speculation begets more speculation, until finally, for some reason that will become obvious to all in hindsight, the ‘bubble’ bursts.
I have taken to calling the housing market a ‘bubble’.”
– Bill McBride of Calculated Risk calling the bubble back in April 2005
There are two measurements that are used to determine the speculation in a housing market:
1. The number of homes purchased by an investor and
2. The number of homes being flipped (resold within a twelve-month period)
As compared to 2005, investor purchases are down dramatically (from 23% to 13%) and so is flipping (from 8.2% to 5.7%). McBride explains:
“There is currently some flipping activity, but this is more the normal type of flipping (buy, improve and then sell). Back in 2005, people were just buying homes and letting them sit vacant – and then selling without significant improvements. Classic speculation.”
DSNews recently ran an article which asked two economists to compare the speculation in today’s market to that in 2005-2007. Here is what they said:
“The speculative ‘flipping mania’ of 2006 is absent from most metro areas.”
“The nature of housing demand is different as well, with more potential homeowners and far fewer speculators in the housing market compared to the 2005-2007 period.”
Sixty days ago, he explained:
“In 2005, people were just buying homes and letting them sit vacant – and then selling without significant improvements. Classic speculation. And even more dangerous during the bubble was the excessive use of leverage (all those poor-quality loans). Currently lending standards are decent, and loan quality is excellent…
I wouldn’t call house prices a bubble – and I don’t expect house prices to decline nationally like during the bust.”
Speculation is a major element of the housing bubble formula. Right now, there are not elevated percentages of investors and house flippers. Therefore, there is not an elevated rate of speculation.
Christie Cannon | REALTOR
The Cannon Team
Keller Williams Realty Frisco
469-951-9588
www.ChristieCannon.com
Keller Williams Continues to Lead the Pack
2017 has been a great year and Keller Williams has been honored to receive a number of prestigious awards. We are excited to continue excelling in our field!
Just one more reason Keller Williams is ranked #1 happiest place to work in 2018!!
Christie Cannon | REALTOR
The Cannon Team
Keller Williams Realty Frisco
469-951-9588
www.ChristieCannon.com
500 High-Skill Jobs Coming to Sherman
More companies are deciding that North Texas is the place to be! Apple recently announced that it has awarded Finisar, an optical communication components manufacturer, $390 million from its Advanced Manufacturing Fund. Finisar is expected to create 500 high-skill jobs, including engineers, technicians and maintenance teams right here in North Texas.
Finisar will transform a shuttered, 700,000-square-foot manufacturing plant in Sherman, Texas, into a high-tech facility developing VCSEL (vertical-cavity surface-emitting laser) chips. VCSEL technology is used to power Apple product features such as Face ID, Animoji, portrait mode selfies and proximity-sensing capabilities. One hundred percent of the VCSELs Apple buys from Finisar will be made in Texas. The hiring process has already begun and the Sherman plant is scheduled to start shipping out products by late 2018.
The City of Sherman has been investing significantly in improved infrastructure and amenities, creating an unparalleled quality of life for its citizens. One more reason DFW is one of the fastest growing areas in the US!
Christie Cannon | REALTOR
The Cannon Team
Keller Williams Realty Frisco
469-951-9588
www.ChristieCannon.com
Displaying blog entries 1-10 of 42
