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What is coming to 380 & 423?

by Christie Cannon

So sales counselors Jeff Cook & Charles Durrenberger of Highland Homes / Horizon Homes at Arrowbrook in Aubrey were kind enough to share with us this rendering of some of the upcoming development at 380 & 423!

We seen some of the past reporting & rumblings, but this rendering offers us a great picture of what may come!

For a full size rendering that you can zoom, please click here!

 

 

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

469.951.9588: Mobile

www.ChristieCannon.com

 

 

Frisco TX New Home Communities Continue to Pop Up!

by Christie Cannon

Driving the streets of Frisco TX, it is easy to see our continued growth.  The strength of Frisco's growth & new development is easy find by the number of new communities that continue to spring up!

By no means comprehensive, below is a list of some of the latest new home communities in Frisco TX:

  1. Avondale
  2. Belmont Woods
  3. Bretton Woods
  4. Collingsbrook Farms
  5. Emory Park
  6. Estates at Rockhill
  7. Gables at Ohio
  8. Glen View
  9. Hollyhock
  10. Lexington
  11. Millstone Estates
  12. Rockhill at Preston
  13. Sonntag Tract
  14. The Heights at Rockhill
  15. Twin Creeks
  16. Villages of Creekwood
  17. Villas of Doe Creek

Check back soon as we continue to expand & describe the buiders, pricing, location, & features of each new home community.

As always, if you have questions - please call Christie Cannon & The Christie Cannon Team at 469-951-9588 

Christie Cannon
469-951-9588
http://www.christiecannon.com
Keller Williams Frisco TX
4783 Preston Rd #100 Frisco TX 75034

Storm & High Winds Take Down Frisco TX Silo!

by Christie Cannon

I have talked about the Frisco TX;s unique silos previously.  Unfortunately, in a storm today, one silo fell to the wind!  It appears that high winds took the silo off its foundation! 
Here is to hoping that Frisco is able to move forward on a project with the existing space that will continue to bring value to our great city!
Best of luck & prayers to any one affected by the storm. 

- Christie Cannon, Keller Williams Frisco TX

Home Sales Bounce Back Despite Low Inventory

by Christie Cannon
  • December saw the highest month-over-month increase with existing Home Sales up alomost 15% over November.
  • The National Pre-existing Home Inventory remains below the historic norm with only a 4-months supply.
  • Year-over-year price gains continue with a 7.6% increase.

National Association of REALTORs December Existing Home Sales Report

by Christie Cannon

Real Estate News: 5 Real Estate Trends in 2016

by Christie Cannon

Realtor.com & the National Association of REALTORs just posted their predictions for the top 5 industry trends in 2016.

 

  • A Return to Normal for Real Estate

In the words of Skywalker, "it will bring balance to the force."  While sales will continue strong, most markets will see a return to the more modest gains that are reflected in a balanced (& more sustainable) market.

  • Generational Data Supports Strong Selling Season in 2016 
In 2015, Millennial buyers represented almost 1/3 of home purchases.  This trend is expected to continue in 2016; as well as an expected return of financially recovering Gen-Exers & Baby Boomers.  According to the NAR, Gen-X buyers will be entering their "prime earning" years, just as Baby Boomers are tradtionally seeking to down size &/or relocate for retirement. More predictive analysis for 2016 (several years out) can be found here!
 
  • Builders will Transition to More Affordable Housing
As balance returns to pre-existing home sales and credit availability improves for first-time buyers, builders will see more attractiveness in building products to fill these niches.  Likewise, with the increased capital in the market from 2015, the direction of growth is already trending to the "out-skirts" of traditional suburb areas where land prices are more affordable.
 
  • Interest Rate Rise Will Affect the Higher-Price Markets
The FED has already increased interest rates this past month.  Additional increases are expected in 2016, with mortgage rates predicted to rise up to 60 basis points. As the rate increases, affordability will drop.  In areas where the move-up buyer is a significant part of the market, even a small "affordability" drop can have significant affect.
 
  • Rents Will Continue Their Rise (in some areas meteorically)
In more than 85% of market areas, the average rent to income ratio already exceeds 30%.  Demand aside, increases in property taxes & tax valuations result in double digit rent growth as those cost are passed from landlord to tenant.
 
 
- Christie Cannon - Keller Williams Frisco TX
 

Holiday Happenings - All Around Town

by Christie Cannon

Continued Drop in Distressed Home Sale Prices

by Christie Cannon

In the latest Existing Home Sale Report from the NAR (National Association of REALTORs), the NAR is reporting that less than 6% of the national market represents distressed sales.  This is a sharp decrease from 2014 reporting at 9%. At their most recent peak, distressed property sales represented a full 35% of all national real estate sales.  6% represents the lowest figure since 2008, when the NAR began tracking this metric. 

Existing Home Sales continue steady, with year-over-year sales up 3.9%.  Likewise, inventory remains low at approximately 4.8-months supply, versus a balanced market at 6-months.  The national median home price has seen an increase of 5.9% to $219,000.  It is important to consider, that the sharp increase in median price, at least for many markets, represents a regaining of previously lost sale prices.

Niche.com's Best Suburbs to Purchase a House in TX

by Christie Cannon

Niche.com just published their 2015 List of Best Suburbs in TX to Purchase a Home!

Once again Denton & Collin Counties dominate the top 10 list with 8 spots!

 

  1. Little Elm
  2. Murphy
  3. Frisco
  4. Allen
  5. Lavon
  6. Leander
  7. Wylie
  8. The Colony
  9. McKinney
  10. Cedar Park
The Best Suburbs List is also broken down by Metro Area - Dallas. For the entire list &/or how the rankings were calculated, click here!

 

Mixed Use & Urban Living Invades North TX

by Christie Cannon

While single-family housing continues to "rule the roost" in Frisco & North TX, we face an invasion of exciting mixed use & upscale "urban living" projects.  As our city sees the $5 Billion Mile, and projects like the Frisco Market Center, continue to develop, I am increasingly delighted with the new choices in housing.  The diversity of these new developments fills a void that has long been lacking in our market!

To help introduce you to some of these latest project, please peruse the links below!

In Frisco Here

  Frisco Station (Hillwood partnership project) – more here

  The Gate in Frisco –  More Here & Here

  Wade Park -

 In Plano 

  Legacy West (same people did Shops on Legacy) – more here

There are some amazing projects in the works! Have Questions?  Please feel free to give me a call - Christie Cannon


Displaying blog entries 21-30 of 98

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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