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Displaying blog entries 81-90 of 105

Dallas Makes CNN List of Hot Housing Markets

by Christie Cannon

Dallas made the CNN List of Hot Housing Markets this year with an impressive 2015 home sales forecast of +7%.

Dallas's economy remains strong during the Great Recession and continues to roll along in the recovery.  This year Dallas is one of the busiest locations in the country for office, apartment and industrial development.  The area is also highlighted by a very strong homebuilding market.  North Texas is seeing its biggest real estate boom in almost 30 years!

DFW's Northern Frontier is Key

by Christie Cannon

 DFW Northern Frontier

The theory that Frisco is the northernmost edge of the DFW Metroplex will soon be history.  The small town of Celina is posed for some major economic develpment and by the year 2020-2030, they are expecting they type of growth that Frisco has over the past decade.  Celina's future is filled with thousands of homes, corporate offices, entertainment venues and access to major highways and roads.  At 78 square miles, Celina is geographically larger than Plano or Frisco. It’s about 40 miles from both the Oklahoma border and downtown Dallas and is made up of mostly rolling fields and open spaces.  The theory is that Celina will soon gain some momentum in development as its swelling southern neighbors - Plano, Frisco, Richardson - are becoming massive employment centers.  Toyota Motor Company is set to bring its US Headquarters to the Plano area, and with that comes many new people, more homes, and development.  Sitting only 16 miles from Plano, Celina is set to be a prime location for development to occur. Celina’s story is emblematic of other small towns expecting big influxes of people over the next two decades. To the south, Prosper has its $1 billion Windsong Ranch development. To the west, Little Elm has the $600 million Union Park mixed-use project.  Big things are happening up north....read the full article here.

Fannie Mae Agrees: Hire a Pro to Sell Your House

by Christie Cannon

Fannie Mae Agrees: Hire A Pro to Sell Your House | Keeping Current Matters

Do you really need an agent to sell your house in today’s market? Here’s what Fannie Mae suggests to sellers on the Know Your Options section of their website:

“Select how you'll market and list the home (e.g., with a real estate agent or for sale by owner). There are pros and cons to each, but unless you are experienced at selling homes, it usually makes financial sense to get professional help—homes sold by agents typically sell at a higher price and spend less time on the market. An agent will also help you determine the best pricing for the house, they'll market the home, and they'll be your advocate throughout the process.”

Let’s go over the points they made:

  • Homes sold by agents typically sell at a higher price
  • Homes sold by agents typically spend less time on the market
  • An agent will help you determine the best pricing for the house
  • An agent will market the home
  • An agent will be your advocate throughout the process

If Fannie Mae says using an agent probably makes sense, perhaps you should interview an agent before putting your house up for sale. Full post here.

New Builds Are Up Nationally, But Face Challenges

by Christie Cannon

New builds are on the rise nationally....and are up big in North Texas.New Construction Challenges

As builders continue to have record new home starts this year, costs and build times continue to rise. Almost half of Texas construction companies are facing the challenges of losing their workers to other, higher-paying industries.  The shortage of contractors is creating rising costs and longer build times.  In Texas, over 90 percent of construction firms reported that they faced challenges in finding workers and 48 percent reported that lost workers to other industries.  Rising demand for oilfield workers has been a major culprit of luring away construction employees over the past few years.  Read the full article here...


Frisco's $5 Billion Mile

by Christie Cannon

The Frisco Economic Development Corporation has created a webpage summarizing all the announcements and new projects in what's being called "The $5 Billion Mile."  The new projects in development over the next few years will make Frisco a hot spot in the DFW metroplex!  Read all the details from Frisco's EDC here...

Existing Home Sales are Up!

by Christie Cannon

The newest report shows that existing home sales are at their highest level for 2014!  Check out the latest report from the National Association of Realtors.

Jerry Jones is Betting On Frisco ISD

by Christie Cannon

The new Dallas Cowboys World Headquarters and Training Facility, set to open in Frisco in 2016, will allow Frisco ISD football players to practice right alongside America's team.  

 

The driving force for Jerry Jones' plan is a marriage between America's team and Texas high school football.  The Frisco Independent School District will also have full run of the stadium when the Cowboys aren't in town.  Read more here...

New Planned Development in Frisco

by Christie Cannon

Interest in Frisco has gone international!  Dubai-based, Invest Group Overseas, has announced plans for a $700 Million new development at the corner of the Dallas North Tollway and the future extension of John Hickman Parkway in Frisco.  The proposed project, The Gate, will be a 40.95 acre mixed use project just north of the new Dallas Cowboys Headquarters.  Full details can be found here.

D Magazine Best Real Estate Agents 2014

by Christie Cannon

Thank you to our clients, colleagues, & staff!

Christie Cannon & our Team was once again chosen by D Magazine for the Best Real Estate Agent list in 2014.  Christie Cannon & Kevin Cannon were also chosen as a  D Magazine Top Residential Real Estate Producers.

A special Congratulations to  Sandy Stewart - Lead Buyers Agent for the Christie Cannon Team - who was again chosen for this prestigious award!

We owe a special "thank you" to the Real Estate Community for their recognition, our staff and agents, & most importantly, to our clients for their confidence & support.  

Christie Cannon's D Magazine article can be viewed here at D Magazine.

AWARDS

House Prices.. Stabilizing...?

by Christie Cannon

Not Likely Yet.......... 

 

According to the latest Case-Shiller Report, last month, Dallas has seen the lowest gains since last fall. That said, it is not yet time to cry out that the sky is falling....we are still hovering at about a 1.8 month supply of homes in Frisco, 2.1 in McKinney, 2.4 in Little Elm, & 4.1 in Prosper  (2.1 in Collin County & 2.6 in Denton County)!  This inventory demand continues to fuel unprecedented (at least for our area) price competition....  We are starting to see some areas with days on market slowing ticking up; likely as sellers over estimate values based on the pace of the market, but until we see great balance in demand, an end to this run is not likely.  
- Christie Cannon

Displaying blog entries 81-90 of 105

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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