Real Estate Information Archive

Blog

Displaying blog entries 1-7 of 7

Frisco's MLS March Market Numbers!

by Christie Cannon

The MLS just released the preliminary Frisco numbers for March 2014 & WOW!

  • March-to-March listing down -21.3%
  • Year-to-Date listings down -13%
  • March-to-March closed sales down -12.8%
  • Year-to-Date closed down -3.6%
  • March-to-March Listing Under Contract down -25.2%
  • Year-to-Date Listings Under Contract down -12.5%
  • March-to-March Days on Market UP +0.7% = 51 days.
  • Year-to-Date Days on Market down -12.9%
  • Month’s Supply of Inventory down 32.9% to 1.5 months supply
  • YTD Price is up +12.5% Average & +16.5% Median Sales Prices
  • Percent of Original List Price Received YTD is 96.4%

A couple of things that stand out to me…

  1. WOW – inventory is low!
  2. See #1
  3. The huge discrepancy between March-to-March numbers v/s the YTD may be explained by not only changes in market but also (to a degree):
    1. March numbers include some estimates/projections
    2. Weather factors were big this spring – which often affects buying cycles (moving them sooner &/or later in a year)
    3. More purchases are occurring outside of the MLS – New Builds, some “Hip Pocket Listings”, etc
    4. ** While a 1.5 months supply of homes clearly indicates a strong seller’s market, dare I say, there are still some sellers who may be over estimating their home’s position in the market or the market’s strength – which is reflected in an average sale with a Percent of Original List Price as 96.4%, which does NOT reflect seller paid concessions – and an increased number of days on market (I am proud to say that The Christie Cannon Team averaged 20 Days on Market with over 98% of Original List Price).

Have questions on how this market may affect you or your family's real estate goals?  Have questions about how your city, area, or neighborhood is doing?

Please feel free to call or email with questions!

-          Christie Cannon  -  469-951-9588  -  Christie@christiecannon.com

Insights from Highland Homes' VP of Market Trends

by Christie Cannon

Recently, Highland Homes' blog featured a Q&A with Highland's VP of Architecture & Market Trends, Gonzalo Romero (with whom my clients & I have had the pleasure of working).  It offers an interesting insight in to the latest trends & designs in new home constructions.  

You can find Mr Romero's comments & thoughts herehttp://blog.highlandhomes.com/category/q-architecture

- thanks, Christie Cannon

Tis the Season - for Protesting your Property Tax Value

by Christie Cannon

The season is almost upon us.... property tax protest season!  So what do you do when that envelope arrives & your value went sky high?  You do have the opportunity & option to contest/protest your tax value.  Despite what some may lead you to believe, it is not a terribly difficult process.

While counties do have variations, tax protests start about May 1st.  While most counties offer easy steps & explanations to the process, the how & why a value was derived still leaves many of us wondering.  

Once again Texas A&M's Real Estate Center  has come to the rescue in this month's Tierra Grande, offering a wonderful article on the detai ls of the Property Tax Protest & Appeal!

You can find the article on their website - http://recenter.tamu.edu/pdf/2062.pdf

Need help or have questions about the comps for your home (from Jan 1st time)? - please feel free to give me a call...

- Christie Cannon

What's up in Frisco ?!? - Frisco EDC Update

by Christie Cannon

The Frisco Economic Development Council -http://www.friscoedc.com/ - offered a wonderful presentation to the Heritage Green HOA earlier this month.

For anyone getting to know Frisco - or just looking for an update on the information that you have, it is a great place to start!

You can find their presentation here - Heritage Green HOA - Frisco EDC - it is an excellent source of some of the newest developments, demographics, & growth!

Thanks - Christie Cannon - 469-951-9588

Frisco Family Services Gala - Reminder!

by Christie Cannon

Frisco Family Services 2014 Gala -This Weekend! 

Information for this awesome event can be found here!

 

Frisco, TX - Frisco Schools - Seniors' Tour Day

by Christie Cannon

Wednesday April 16th - Frisco ISD  offers their frist ever Senior Adult Bus Tour! - 

Residents 55+ are invited by Frisco ISD to join them on a school bus tour of three Frisco ISD schools. What a neat opportunity to see our city's schools through the eyes of students.  Lunch catered by Frisco ISD Culinary Arts students!  

Additional Information can be found here - Spots are limited so be sure to RSVP!

- Christie Cannon

FRISCO TX - Frisco StrEATS -Gourmet Food

by Christie Cannon

Frisco StrEATS - Gourmet Food Truck & Music Festival - Sat April 12th - 1pm-7pm!

You heard that correct - FOOD TRUCK & if you missed it the last 2-years.... it is simply amazing!  Do NOT miss it!

2014 Frisco StrEATs Food Truck List!

  1. Bobaddiction - Boba Drinks and Teas
  2. Cajun Tailgators – Cajun Food  
  3. Cup-Cakin - Cupcakes and Cakes
  4. Easy Slider  - Sliders 
  5. Gandolfos – New York style deli on-the-go 
  6. Guava Tree Truck - Cuban Food
  7. Jack's Chowhound – Comfort Food 
  8. JoDawgs – Gourmet Hotdogs - 
  9. Nammi Food Truck – Vietnamese fusion cuisine 
  10. Pompeii –Modern Italian 
  11. Little Greek – Greek Food
  12. Ruthies Grill Cheese – Grilled Cheese Sandwiches 
  13. Ssahm BBQ – Korean Tacos & Fries
  14. The Butcher’s Son – Sausages, Brats,& more 
  15. Whats Da Scoop - Ice Cream Truck

 

Displaying blog entries 1-7 of 7

Syndication

Categories

Archives

Share This Page

Contact Information

Photo of Christie Cannon Real Estate
Christie Cannon
Keller Williams Realty
4783 Preston Road #300
Frisco TX 75034
972-215-7747
Fax: 214-853-4774
Keller Williams Frisco - The Christie Cannon Team - http://www.christiecannon.com

 

Home Warranty Of America