Displaying blog entries 1-10 of 97
Last week saw one of the largest mortgage interest rate drops in a single. Acting on early indications that inflation cooled slightly in October & on the CPI report from the Bureau of Labor - interest rates dipped to their lowest level in the last 30 days.
Did you know that at The Christie Cannon Team we offer virtual home tours on ALL of our homes? That's right whether the home is listed for $50,000 or $5,000,000 we do all that we can to make sure that your home is properly marketed and that buyers are comfortable and have the tools they need to make a wise buying decision!
During the times that we are in right now, this is exceptionally helpful! If you are in the market to purchase a new home, you can tour all our listings without even leaving your current home! Fell like you are walking the home in person as you glide from room to room. You can even zoom in on details, get a 360 view, view the floor plan and even measure walls and openings! That's right! You can literally make sure your personal belongings will fit in any space. Not to mention there is even a virtual reality option. Strap on those goggles and tour away!
We are dedicated to the health, safety and happiness of ALL our buyers and sellers at this time when we are practicing "social distancing" to protect each other. We are still here as your Real Estate Experts to help you with the home buying process, selling process or just to answer any questions you may have!
Check out this virtual tour for 5739 Summer Star Lane in Frisco and see more on all our blog pages and home websites!
The Christie Cannon Team
972-215-7747
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The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to 3.5%.
The Census Bureau also just reported the highest homeownership rate since 2014 for people under 35. This is evidence that owning their own home is becoming more important to Millennials as they reach the age where marriage and children are part of their lives.
According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is strong. That’s not the case, however, with seller demand, which remains weak throughout most of the nation. Here’s a breakdown by state:
Demand for housing is high, but supply is extremely low. NAR also just reported that the actual number of homes currently for sale stands at 1.42 million, which is one of the lowest totals in almost three decades. Additionally, the ratio of homes for sale to the number purchased currently stands at 3.1 months of inventory. In a normal market, that number would be nearly double that at 6.0 months of inventory.
Buyers need to remain patient in the search process. At the same time, buyers must be ready to act immediately once they find the right home.
Sellers may not want to wait until spring to put their houses on the market. With demand so high and supply so low, now is the perfect time to sell your house for the greatest dollar value and the least hassle.
The real estate market is entering the year like a lion. There’s no indication it will lose that roar, assuming inventory continues to come to market.
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
“The rumors of my death are greatly exaggerated.”
The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage continued to fall for the next ten years.
That led to speculation that homeownership was no longer seen as a major component of the American Dream. That belief became so widespread that the term “renters’ society” began to be used by some to define American consumers.
However, the latest report by the Census Bureau on homeownership shows that over the last two years, the percentage of homeowners has increased in each of the last eight quarters.
It appears the homeownership rate will continue to increase.
The 2019 Aspiring Home Buyers Profile recently released by the National Association of Realtors revealed that 84% of non-owners want to own a home in the future. That percentage increased from 73% earlier last year.
In the United States, the concept of homeownership as part of the American Dream is very much alive and well.
To discuss if homeownership fits into our family & financial plan, contact one of our agents at 469-951-9588
Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market.
Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right.
Buyer demand has seasonality to it. Usually, this falls off in the winter months, especially in areas of the country impacted by arctic conditions.
Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with an increase in rates forecasted for 2019, buyers are still able to lock in an affordable monthly payment. Buyers are increasingly jumping off the fence and into the market to secure a lower rate.
The National Association of Realtors (NAR) recently reported that in 2018 the top 10 dates sellers listed their homes all fell in April, May, or June.
Those who act quickly and list now, before a flood of increased competition, will benefit from additional exposure to buyers.
If you are planning on selling your home in 2019, meet with a local real estate professional to evaluate the opportunities in your market.
Christie Cannon | REALTOR
The Christie Cannon Team
Keller Williams Realty Frisco
972-215-7747
www.ChristieCannon.com
www.CannonTeamHomes.com
PGA of America is Heading to Frisco!
The PGA of America is moving its headquarters from Palm Beach County, Florida to Frisco, Texas, the ‘2018 Best Place to Live in America,’ where it will anchor a 600-acre, mixed-use development with an initial investment worth more than half a billion dollars. This groundbreaking agreement is estimated to have an economic impact of more than $2.5 billion over the next 20 years.
The PGA of America is teaming with Omni Stillwater Woods (OSW), a joint venture led by Omni Hotels & Resorts with Stillwater Capital and Woods Capital; the City of Frisco, as well as its Economic and Community Development Corporations; and the Frisco Independent School District.
“Our move to Frisco will be transcendent for the PGA of America,” said Seth Waugh, CEO, PGA of America. “Everything great starts with a dream. This is the beginning of a bold, new journey as we bring together world-class partners in a world-class location – to deliver innovative and differentiated experiences for our nearly 29,000 PGA Golf Professionals, golfers of all abilities and our staff.”
Two championship golf courses, a short course, and practice areas totaling 45 holes; a clubhouse; Class AA office space; a 500-room Omni resort and 127,000-square-foot conference center; a technologically advanced retail village; parks and open space plus several miles of trails, will complement this unique, signature development.
A welcoming gateway at Frisco’s northern border, the upscale development will be located at Rockhill Parkway and Legacy Drive, approximately one-third of a mile south of U.S. 380. The 600 acres are primarily situated within 2,500 acres being master planned by Hunt Realty Investments. The development will be open to the public, as well as golfers.The entire project will have an initial, estimated public-private investment totaling more than $520 million.
The PGA of America will invest $30 million to build its 100,000-square-foot global headquarters and education facility. OSW will invest $455 million to purchase the land, construct the hotel, conference center, retail space, parking facilities, and golf courses. The golf course, club house, practice areas and associated public facilities will be owned by the city. More than 300 FISD high school golfers will practice at the facility on a weekly basis.
The golf courses are expected to open in summer 2022. The hotel, convention center, and other facilities are expected to open within six months of that date. The development will host the KitchenAid Senior PGA Championship in 2023.
Christie Cannon | REALTOR
The Christie Cannon Team
Keller Williams Realty Frisco
972-215-7747
www.ChristieCannon.com
www.CannonTeamHomes.com
OutRun Homelessness 5K & Fun Run will be Saturday, October 27, 2018.
It is that time of year again!
Collin County Cares' 5K & Fun Run
Saturday | 27 October | Costumes Encouraged
Great fun for a great cause....
The Collin County Cares' Fun Run & 5K race in Plano TX is a race with over 1,000 runners whose primary goal is to help the homeless of Collin County secure a place to live, interview for a job, and stand on their own two feet. Last year the race proceeds totaled $68,087, which was distributed in entirety to 7 partner organizations who serve the homeless.
$25 Early Bird (through July 31)
$30 Pre-Race (August 1 - 31)
$35 Race (September 1 – October 27)
Support the cause without sweating and get a Race Day T-Shirt!
Register or find out more at the link below!
![4 Reasons to Sell This Fall [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2018/09/20120016/20180921-STM-ENG-1046x808.jpg)
Christie Cannon | REALTOR
The Christie Cannon Team
Keller Williams Realty Frisco
972-215-7747
www.ChristieCannon.com
www.CannonTeamHomes.com
Displaying blog entries 1-10 of 97
