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Interest Rate Changes can Cost Huge!

by Christie Cannon

The Cost of Waiting to Purchase on Interest Rates

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Interest rates are projected to increase steadily heading into 2019.
  • The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be.
  • Rates are still low right now. Don’t wait until rates hit 5% to start searching for your dream home!

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

Appraisers v/s Homeowners Battle On Values

by Christie Cannon

Appraisers & Homeowners Do Not Always See Eye-To-Eye!

Appraisers & Homeowners Don’t See Eye-To-Eye on Values | MyKCM

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal.

If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the selling price when performing the appraisal for the bank.

Every month, Quicken Loans measures the disparity between what a homeowner believes their house is worth as compared to an appraiser’s evaluation in their Home Price Perception Index (HPPI). Here is a chart showing that difference for each of the last 12 months.

Appraisers & Homeowners Don’t See Eye-To-Eye on Values | MyKCM

Every house on the market has to be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). With escalating prices, the second sale might be even more difficult than the first. If you are planning on entering the housing market this year, let’s get together to discuss this, and any other obstacle that may arise.

 

 

 

Looking for Things to do in Dallas?

by Christie Cannon

So the weekend is upon you & you have no plans!  Fear not & check out this cool list from TheCoolestStuffinTexas.com

From Dallas staples like the Dallas World Aquarium to classics like Keller's Drive-in, this list is great!

You can find the entire list by clicking here!

 

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

469-951-9588: Mobile

 

Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW


 

 

Windsong Ranch Prosper TX Wins Again

by Christie Cannon

Windsong Ranch in Prosper TX continues to rack up the awards in 2016.  Earlier this month the Dallas Builder's Association (DBA) awarded Windsong Ranch the very coveted People’s Choice Community of the Year Award. in 2015, the Dallas Builder's Association awarded the community both Master Planned Community of the Year & Best Welcome Center.  There award follow the community winning 2015 & 2016 awards from the National Association of Home Builders for Best Amenity Center, Master Planned Community of the Year, & Best Landscape Plan.  

Offering over 600 acres of lakes, parks, creeks, hike & bike trails, resort style amenities, a community cafe, planned on-site Prosper ISD schools, & a location only a few miles from the Dallas North Tollway - Windsong Ranch is likely to continue grow in popularity as new phases open. Offering homes from such DFW favorite builders as: Highland Homes (DBA 2016 People's Choice Builder of the Year), American Legend (coming soon & DBA 2016 Builder of the Year), Huntington Homes, David Weekley Homes, Drees Homes, & more!

Want to know more about this awesome community or wish to see about what opportunities may be available for you? - Please give us a call!

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

469.951.9588: Mobile

 


Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

 


Windsong Ranch in Prosper - Coming Soon!

by Christie Cannon

 

If you have not yet seen it... you have likely heard about it..  Prosper's latest & greatest coming community - Windsong Ranch  is preparing now for their full grand opening.  With major local & national builders (Highland HomesHuntington HomesDreesDavid Weekley HomesDarling Homes, & Chesmar), 600+ acres of greenspace - with tennis, ponds, pools, fitness, community cafes (with wife & all the perks), hike & bike trails, & more "hidden" surprises - this community is poised to be a major draw for buyers.  Having a location just north of 380, & combined with some of DFW's best builders, this community stands ready to add even more momentum to Prosper's already booming new home construction. The Terra Verde Group is one of the key groups behind this project; they are a company with deep experience in mixed-use development (such as CityPlace in Dallas), as well as more traditional Master-Planned communities - they combine this with a solid background in the planning & development of a huge number of Resort & Golf properties (from Angel Fire to the Dove Mountain Ritz Carrolton).
Windsong Ranch in Prosper, TX Location

 

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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

 

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