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Christie Cannon's Home Search Mobile APP!

by Christie Cannon

Just click & go!

http://app.kw.com/KW6090C5

Real-time updates! Latest MLS based info! Easy to use! Map searches!

Outlining search areas is as easy as drawing with your finger!

Update on the Dallas Cowboy's Stadium & changes coming to Frisco!

by Christie Cannon
  • Location is northwest corner of Dallas North Tollway and Warren Parkway.
  • Development will include an indoor stadium, plaza, restaurants, Cowboys headquarters, retail, office buildings, and hotels.
  • There will be 1.71 million square feet of space, including two hotels with 450 rooms.
  • This is an optimal site because there is $4.5 million in retail within one square mile.
  • An adjacent 250 acres has been sold to the development for a total of around 350 acres in the entire project.
  • The Cowboys will be the signature tenant on the 350 acres.
  • The sports facility portion is 20 acres and is comprised of an indoor stadium, outdoor fields, parking, and Cowboys offices.
  • The City of Frisco is donating 91.645 acres plus $30 million.  No increase in property or sales tax is required.
  • Frisco ISD already had $30 million budgeted for the construction of a new stadium.
  • FISD gets first right to the indoor stadium on Friday and Saturday nights.
  • The Cowboys are responsible for 100% of the field maintenance.
  • The stadium budget is $90 million and the stadium will be owned by the City of Frisco.
  • The development is expected to pay Frisco up to $1.26 billion in cumulative taxes.
  • Plans will be drawn up over the next 9-12 months and construction to begin August 2014.
  • All overruns will be paid by Blue Star Development (Cowboys).
  • The Cowboys want to be in their facility for 2016 training camp.
  • Warren Parkway will be widened by two more lanes (inside lanes added).
  • Lebanon Road is also expected to be widened by two more lanes (inside lanes added).
  • Dallas Parkway (North Dallas Tollway service road) will be widened by one lane from Lebanon Road south to State Highway 121/Sam Rayburn Tollway.

One of my favorite things about the Metroplex... if you want it, we got it! 

Love the outdoors - the walking, the lake, bicycling; but don't want to give up the city - proximity to business districts, the arts, dining, the night-life?  CNN & Money Magazine definitely got it right when they named Lakewood in Dallas in their top 10 Best Big City Neighborhoods.

Though one of the older neighborhoods in Dallas (& home to the 2nd oldest Golf Course/CC), the area remains both a sought after community to live and a destination for DFW.  With such a diverse style (& age) of homes & buildings, sometimes just a simple drive or walk-thru neighborhoods is as much a treat as a day at White Rock Lake.  From Charles Dilbeck & O'Neil Ford - to the Eberson designed iconic Lakewood Theater; touring this area is quite an education in mid-century & early modern Texas architecture.  Home prices start solidly in the $500k's - there are a few that sneak in under, but prices look up from there much more than down.  

While we may clog up your parking, when people drive out the 'burbs (and past 100's of acres of parks, shopping, & more along the way) just to experience your city's offerings; then you are doing it right!

Congrats to Lakewood!

According to the J.D. Power and Associates 2012 Home Buyer/Seller Satisfaction Study just released, Keller Williams Realty Inc. ranks highest in customer satisfaction in both the home buyer and home seller segments. Keller Williams Realty, Inc. achieved the highest scores in all measured factors across both segments, receiving the highest JDPower.com Power Circle Rating among its competitors overall.The fifth annual J.D. Power and Associates study measures customer satisfaction with the largest national real estate companies within the home buyer and seller segments. Scores are determined by examining three factors of the home-buying experience: agent/salesperson; office and variety of additional services. For the home-selling segment, agent/salesperson; marketing; office and variety of additional services are examined.
 
Additional information can be found at JDPower.com
 
Have questions? Please give me a call - 469.951.9588.
 
 

Housing: Best Time to Buy in Four Years

by Christie Cannon

Housing: Best Time to Buy in Four Years
by Les Christie
Tuesday, March 4, 2008 provided by CNN-Money
 
It may be the best time to buy a house in more than four years.
 
Home prices have dropped so quickly and so far that valuations - the difference between what a home should cost and its actual price - are the lowest they've been since 2004, according to a report.
 
The Cleveland-based bank National City Corp., together with financial analysis firm Global Insight, revealed Tuesday that more than 88% of the 330 housing markets surveyed showed price declines and improved affordability during the last three months of 2007.
 
"Housing valuations are almost back to long-term norms," said National City's chief economist, Richard DeKaser. He called current affordability "the best in the past four years."
 
But DeKaser cautioned that home prices could fall even further.
 
"This isn't to say home price declines are over," he said. "We could move below historic norms. By the end of 2008, housing markets could be broadly under valued."
 
Prices still improving
 
There are still 21 housing markets, or 6% of those surveyed, that are severely over valued, including Atlantic City and Madera, Calif. That's down from 56 overvalued markets at the peak of the housing bubble in 2006.
 
The report compares actual median home prices with what the authors determine are proper home values based on population density, relative income levels and interest rates, as well as historically observed market premiums or discounts, to determine whether markets are over or under valued.
 
The report also factors in market intangibles that make some areas more desirable places to live, and more expensive. 
 
"Declines are no longer confined to once-frothy markets," said DeKaser.
 
The survey covered home valuations during the last three months of 2007, but DeKaser pointed out there's reason to believe that valuations are even more favorable for buyers today.
 
Price declines have continued into 2008 and interest rates, although they have inched up lately, have been steady or lower compared to late last year. There have even been wage gains; personal income rose 0.5% in December. Soaring foreclosure rates have added inventory to many housing markets, depressing home prices further.
 
The biggest gains in affordability occurred in California, Michigan and Florida, which are areas that have also been some of the hardest hit by foreclosures. Those states registered 43 of the 50 biggest price declines.
 
Bend, Ore. currently tops the overvaluation list. Home prices there were judged to be about 59% higher than their fair-market value. Miami, despite a median home price decline of 5.7% last year, is the most overvalued big city, by 44%. 
All the best bargains were found in Louisiana and Texas. Houses in Houma, La. were under valued by 31.2%, according to the report. Dallas was the most undervalued big city, by 30%.

Displaying blog entries 381-385 of 385

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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