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Full Speed Ahead - Texas Bullet Train Moving Forward

by Christie Cannon

High-Speed Texas Bullet Train Takes Another Step Forward    


The proposed Texas bullet train would connect Dallas and Houston. (Photo courtesy of Texas Central Partners)

It may soon be a whole lot faster to get from Dallas to Houston!  The Federal Railroad Administration approved a route for the high-speed Texas Bullet Train that would connect Dallas to Houston, the state’s two largest urban areas.  According to the Texas Tribune, there aren’t many surprises in the announced route, as it had already been largely solidified. Now that the route has been finalized, there will be a public process in the early part of the year to gather feedback about the route. The release of the draft Friday marked a major step toward getting federal clearance for the project. The high-speed rail project will require the developer to buy up thousands of rural properties across the state.

Central Texas Partners released this map showing the likely route of a high-speed rail line between Dallas and Houston.  Graphic by Emily Albracht for The Texas Tribune

Texas Central promises to run high-speed trains that would travel up to 205 mph as they carry people between the state's two biggest urban areas in only 90 minutes. The $12 billion project will have stations in Dallas, Grimes County & Houston. The Dallas Station will be located just south of Downtown, while there are three potential Houston station locations. They are planning on breaking ground in late 2018 or early 2019 with expected operations to begin in 2023. A high-speed rail line between two of the country’s biggest, fastest-growing metros could have a major impact on transportation, jobs and economic development!

 

Christie Cannon | REALTOR
The Cannon Team
Keller Williams Realty Frisco
469-951-9588
www.ChristieCannon.com

 

 

Tips to Making a Successful Offer!

by Christie Cannon

Before You Make an Offer, Here Are 4 Tips for Success!

So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!

Freddie Mac covered “4 Tips for Making an Offer” in their Executive Perspective. Here are the 4 tips they covered along with some additional information for your consideration:

1. Understand How Much You Can Afford

“While it’s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer.”

This ‘tip’ or ‘step’ should really take place before you start your home search process.

Getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and will allow you to make your offer with the confidence of knowing that you have already been approved for a mortgage for that amount. You will also need to know if you are prepared to make any repairs that may need to be made to the house (ex: new roof, new furnace).

2. Act Fast

“Even though there are fewer investors, the inventory of homes for sale is also low and competition for housing continues to heat up in many parts of the country.” 

The inventory of homes listed for sale has remained well below the 6-month supply that is needed for a ‘normal’ market. Buyer demand has continued to outpace the supply of homes for sale, causing buyers to compete with each other for their dream homes.

Make sure that as soon as you decide that you want to make an offer, you work with your agent to present it as soon as possible.

3. Make a Solid Offer

Freddie Mac offers this advice to help make your offer the strongest it can be:

“Your strongest offer will be comparable with other sales and listings in the neighborhood. A licensed real estate agent active in the neighborhoods you are considering will be instrumental in helping you put in a solid offer based on their experience and other key considerations such as recent sales of similar homes, the condition of the house and what you can afford.”

Talk with your agent to find out if there are any ways that you can make your offer stand out in this competitive market!

4. Be Prepared to Negotiate

“It’s likely that you’ll get at least one counteroffer from the sellers so be prepared. The two things most likely to be negotiated are the selling price and closing date. Given that, you’ll be glad you did your homework first to understand how much you can afford.

Your agent will also be key in the negotiation process, giving you guidance on the counteroffer and making sure that the agreed-to contract terms are met.”

If your offer is approved, Freddie Mac urges you to “always get an independent home inspection, so you know the true condition of the home.” If the inspector uncovers undisclosed problems or issues, you can discuss any repairs that may need to be made with the seller, or cancel the contract.

Bottom Line 

Whether buying your first home or your fifth, having a local real estate professional who is an expert in their market on your side is your best bet to make sure the process goes smoothly. Let’s talk about how we can make your dreams of homeownership a reality!

 

Christie Cannon | REALTOR
The Cannon Team
Keller Williams Realty Frisco
469-951-9588
www.ChristieCannon.com

 

Reasons to Smile: Keller Williams Ranked #1 Happiest Place to Work

by Christie Cannon

Reasons to Smile: Keller Williams Ranked #1 Happiest Place to Work

Ask most business leaders and they’ll tell you that success starts with smart hiring & satisfied workers.  Keller Williams is undoubtedly following this key business guideline and giving its employees plenty of reasons to smile these days. According to career site CareerBliss, Keller Williams is ranked the number one happiest company in America to work for in 2018. The rankings recognize businesses that are dedicated to to creating a happier work environment for their employees.  Each company’s BlissScore includes factors such as company culture, leadership, overall work atmosphere, and one’s relationship with coworkers. Keller Williams tops this list because it prides itself on a unique, agent-centric culture that focuses on cutting edge technology, education & services.

The Christie Cannon Team is proud to be partnered with Keller Williams Realty and look forward to passing on its high level of professionalism & expertise to our clients. You can view the full list of Happiest Places to Work in 2018 here.

 

Christie Cannon | REALTOR
The Christie Cannon Team
Keller Williams Realty Frisco
469-951-9588
www.ChristieCannon.com

 

How Many Hours to Pay Your Mortgage

by Christie Cannon

Many people understand & believe that home ownership is key to fulfilling the American Dream.  In a world where affordability varies so widely and is affected by so many factors, the folks over at HowMuch.net created an amazing visual aid to offer an easy apple-to-apples comparison.  Using US Census Data  to determine median incomes v/s media sale prices, these experts broke down each cities respective housing costs to the number of hours required to cover an average mortgage.  While Memphis, TN can be home by Wednesday, New York, NY will be putting away some late night hours.

 

Want to see how your individual city faired, be sure to check out the source data found here: https://howmuch.net/sources/hours-work-afford-home

Christie Cannon | REALTOR
The Christie Cannon Team
Keller Williams Realty Frisco
469-951-9588
www.ChristieCannon.com
 

 

 

Displaying blog entries 101-104 of 104

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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