Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 80

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

Where is the Housing Market Headed in 2019?

by Christie Cannon

Where is the Housing Market Headed in 2019?

Where is the Housing Market Headed in 2019? [INFOGRAPHIC] | MyKCM

Some Highlights:

  • ­Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes!
  • Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic.
  • All four major reporting agencies believe that home sales will outpace 2018!

 

Christie Cannon | REALTOR
The Christie Cannon Team
Keller Williams Realty Frisco
972-215-7747
www.ChristieCannon.com
www.CannonTeamHomes.com

Pumpkin Patches, Festivals, Hay Rides and More!

by Christie Cannon

Pumpkin patches, festivals, hay rides and more! We rounded up some of the best Halloween events in the area just for you! 

ALLEN
BACH & BROOMSTICKS
Sat, October 20 12-4pm
Watters Creek
Crafts, balloon art, face painting, pumpkin decorating, hayrides

FAMILY FALL FESTIVAL
Sat, October 27 4:30-7:30pm
Christ the Servant Lutheran Church
Pumpkin painting, face painting, crafts, games

HOWL-O-WEEN BARKIN' BASH

Sun, October 28 1:30-3:30pm
Bethany Lakes Park
Contests, games, raffles & more!
 

ANNA
ANNA HARVEST FEST

Sat, October 27 12-6pm
Slayter Creek Park
Costume contest, pumpkin decorating contest, live music
 

CELINA
TRICK OR TREAT THE SQUARE
Wed, October 31 4-6pm
Main Street

 

FRISCO
FRISCOVANIA
Sat., October 27 3-8pm
Toyota Stadium
Carnival, fortune teller, games, food trucks, live music, runway show, special performances

FALL FESTIVAL
Sat, October 27 11am-1pm
Dr Pepper Ballpark
Costume Contest, petting zoo, pumpkin painting, face painting

FAMILY FUN FEST
Sun, October 28 4-8pm
Elevate Life Church
Carnival games, petting zoo, cakewalk, hay ride

 

LEWISVILLE
ROCKTOBER HALLOWEEN BASH!
Tue, October 30 5-9pm
Wayne Ferguson Plaza
Trick or treating, kids activities, La Freak performance

 

LITTLE ELM
PUMPKIN HOLLOW - *Cancelled due to weather
October 18-20
Little Elm Park
Haunted trail & hayride, pumpkin trail, games

 

MCKINNEY
GHOSTWALK
Chestnut Street
Check website for times
Walk through downtown, hauntings tours, paranormal experience 

HALLOWEEN AT THE HEARD
Sat, Oct 20 6-10pm
Heard Natural Science Museum
Movie, trick or treating along dinosaurs

SCARE ON THE SQUARE
Wed, October 31 4-7pm
Historic Downtown McKinney
Costume contest, pumpkin races, family friendly event

 

PLANO
PLANO FAMILY EXPO
Sun, October 21 10am-4pm
Plano Event Center
Trick or treat, live shows, haunted house
 
BOO BASH
Thur, October 25 5-8pm
Muehlenbeck Recreation Center
Carnival games & trick or treating
 
HAUNTED FAMILY CAMPOUT
Sat, October 27 3:30pm-10am Sun
Oak Point Park Nature & Retreat Center
Outdoor games, night hike, tent decorating
 
Crayola Experience
Activities, scavenger hunt, zombie crafts, live show
 

PROSPER
PROSPER PUMPKINFEST
Sat, October 20 4:00pm
Frontier Park
Costume contest, pumpkin patch, activities

 

THE COLONY
FAMILY FRIGHT NIGHT
Sat, October 20 4pm-9am
Stewart Creek Park
Campout, haunted trail, costume contest, scary movie, hayride

HAUNTED SHADOWS LAKE TRAIL
Near Blue Sky Sports Center
Check website for times
Walk the dark trail through the woods, self-guided journey along Lake Lewisville

 

WYLIE
BOO ON BALLARD
Thur, October 25 6-8pm
Historic Downtown Wylie
Costume contest, trick or treating, activities

 

PUMPKIN PATCHES
PUMPKIN PATCH & FALL FESTIVAL, Allen
PUMPKINS ON THE PRAIRIE, Frisco
PRESTON TRAIL FARMS, Gunter
STORYBOOK RANCH PUMPKIN PATCH, McKinney
FLOWER MOUND PUMPKIN PATCH, Flower Mound

 

It's a great time of year to live in North Texas. No matter where you live, there is sure to be a fun-filled family-friendly Halloween event nearby!  

 

Christie Cannon | REALTOR
The Christie Cannon Team
Keller Williams Realty Frisco
972-215-7747
www.ChristieCannon.com
www.CannonTeamHomes.com

Habitat for Humanity to Build Homes from Shipping Containers in McKinney

by Christie Cannon

Habitat for Humanity to Build Homes from Shipping Containers in McKinney

A new development in McKinney is coming and it has a whole new look! North Collin County Habitat for Humanity is building a new community, called Cotton Groves, offering affordable housing in the northern suburb of Dallas. 

The steel shipping containers have quickly become a trendy design, offering sleek & simple lines. Habitat will bolt several boxes together & on top of each other to create the three-, four- & five-bedroom homes. The homes will be finished out like standard Habitat homes and will feature solar panels, carports & balconies. 

Demand has been high for the new neighborhood with lots of people watching to see how it turns out. Read the full article about the new community!

 

Christie Cannon | REALTOR
The Christie Cannon Team
Keller Williams Realty Frisco
972-215-7747
www.ChristieCannon.com
www.CannonTeamHomes.com

 

Weekend Happenings - The District Concert Series

by Christie Cannon

Weekend Happenings - The District Concert Series

The Christie Cannon Team is once again proud to sponsor the District Concert Series located at the brand new Restaurant District at The Shops at Willow Bend in Plano, TX. Bring your entire family out for a night of food, music & fun! This year the District Concert Series will be held Friday & Saturday nights during the month of October.  This weekend come check out Big Little Town & Beatlemania64.

 

Friday, October 5th: Dallas' own tribute to the hottest band on the country charts today: Big Little Town, has paralleled the group in an unprecedented way. Covering all of their songs, in perfect harmony.

 

Saturday, October 6th: Beatlemania64 presents a live multimedia musical journey through the life and times of the world's most celebrated band, The Beatles. The cover band performs hits from the vast anthology of Beatles classics.

 

Pick up delicious takeout and picnic on the patio or take in the festivities from the new restaurants' outdoor dining tables.  Get a roll-up picnic blanket with takeout from one of the new restaurants in The District - KnifeMexican Bar CompanyTerra MediterraneanWhistle Britches or Ascension, while supplies last!

 

 

This is a family friendly event and we can’t wait to see everyone out there!  Stop by our tent, say HI and get some treats!!

 

Christie Cannon | REALTOR
The Christie Cannon Team
Keller Williams Realty Frisco
972-215-7747
www.ChristieCannon.com
www.CannonTeamHomes.com

 

 

Introducing The Corridor DFW Magazine!

by Christie Cannon

Introducing The Corridor DFW Magazine!

 

This month, The Christie Cannon Team is proud to announce the launch of our new magazine The Corridor DFW! This publication designed for the North Texas community features a wide range of lifestyle and real estate stories to inspire, inform & connect with you like never before. The world of home design, a featured local artist, tips on how to stage a home and featured local listings that are too great to miss can all be found in this debut issue. We also take a peek into some of the highly anticipated master planned communities and everything that they offer. 

With the market seeing a shift, expertise comes into play more than ever. Whether you are planning on buying or selling, The Corridor DFW is now here to entertain, inform and present ideas for you and your next real estate endeavor. 

 

The Cost of NOT Paying PMI

by Christie Cannon

The Cost of NOT Paying PMI

The Cost of NOT Paying PMI | MyKCM

Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live.

There is a common misconception among homebuyers that a 20% down payment is required, and it is this limiting belief that often adds months, and sometimes even years, to the home-buying process.

So, if you can purchase a home with less than a 20% down payment… why aren’t more people doing just that?

One Possible Answer: Private Mortgage Insurance (PMI)

Freddie Mac defines PMI as:

“An insurance policy that protects the lender if you are unable to pay your mortgage. It’s a monthly fee, rolled into your mortgage payment, that is required for all conforming, conventional loans that have down payments less than 20%.

Once you’ve built equity of 20% in your home, you can cancel your PMI and remove that expense from your mortgage payment.”

As the borrower, you pay the monthly premiums for the insurance policy, and the lender is the beneficiary. The monthly cost of your PMI depends on the home’s value, the amount of your down payment, and your credit score.

Below is a table showing the difference in monthly mortgage payment for a $250,000 home with a 3% down payment and PMI vs. a 20% down payment without PMI:

The Cost of NOT Paying PMI | MyKCM

The first thing you see when looking at the table above is no doubt the added $320 a month that you would be spending on your monthly mortgage cost. The second thing that should stand out is that a 20% down payment is $50,000!

If you are buying your first home, $50,000 is a large sum of money that takes discipline and sacrifice to save. Many first-time buyers save for 5-10 years before buying their homes.

To save $50,000 in 10 years, you would need to save about $420 a month. On the other hand, if you save that same $420 a month, you could afford a 3% down payment in less than a year and a half.

In a recent article by My Mortgage Insider, they explain what could happen in the market while you are waiting to save for a higher down payment:

“The time it takes to save a (larger) down payment could mean higher home prices and tougher qualifying down the road. For many buyers, it could prove much cheaper and quicker to opt for the 3% down mortgage immediately.”

The article went on to say,

“Since renters typically devote a higher percentage of their income to housing than homeowners, providing flexible down payment options can help renters with solid earnings purchase a home – and gain a fixed-rate mortgage with principal and interest payments that will not increase over the life of the loan.”

If the prospect of having to pay PMI is holding you back from buying a home today, Freddie Mac has this advice,

“It’s no doubt an added cost, but it’s enabling you to buy now and begin building equity versus waiting 5 to 10 years to build enough savings for a 20% down payment.”

Based on results of the most recent Home Price Expectation Survey, a homeowner who purchased a $250,000 home in January would gain $50,000 in equity over the next five years based on home price appreciation alone (shown below).

The Cost of NOT Paying PMI | MyKCM

Bottom Line

If you have questions about whether you should buy now or wait until you’ve saved a larger down payment, let’s get together to discuss our market’s conditions and help you make the best decision for you and your family.

 

 

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

by Christie Cannon

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.

 

5K REGISTRATION

  • $25 Early Bird (through July 31)

  • $30 Pre-Race (August 1 - 31)

  • $35 Race (September 1 – October 27)

FUN RUN REGISTRATION

  • $20 Pre-Race (July 1 - August 30)
  • $25 Race (September 1 - October 27)

SLEEP-IN OPTION

Support the cause without sweating and get a Race Day T-Shirt!

  • $20 (July 1 - August 30)
  • $25 (September 1 - October 27)

Register or find out more at the link below!

http://www.collincountycares.org/

Home Prices: The Difference 5 Years Makes

by Christie Cannon

Home Prices: The Difference 5 Years Makes

Home Prices: The Difference 5 Years Makes | MyKCM

CoreLogic recently released their Home Price Index ReportOne of the key indicators used in the report to determine the health of the housing market was home price appreciation. CoreLogic focused on appreciation from July 2013 to July 2018 to show how prices over the last five years have fared.

The graph below was created to show the 5-year change in price from July 2013 to July 2018 by price range.

Home Prices: The Difference 5 Years Makes | MyKCM

As you can see in the graph, the highest price appreciation occurred in the lowest price range with 48% growth, while the highest priced homes appreciated by 25%. This has been greatly fueled by the lack of inventory of homes available at the lower price ranges and high demand from first-time buyers looking to enter the market.

Where were prices expected to go?

Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate experts, and investment and market strategists and asks them to project how residential home prices will appreciate over the next five years for their Home Price Expectation Survey (HPES).

According to the Q3 2014 survey results, national homes prices were projected to increase cumulatively by 19.5% by December 2018. The bulls of the group predicted home prices to rise by 27.8%, while the more cautious bears predicted an appreciation of 11.2%.

Where are prices headed in the next 5 years?

Data from the most recent HPES shows that home prices are expected to increase by 20.0% over the next 5 years. The bulls of the group predict home prices to rise by 31.2%, while the more cautious bears predict an appreciation of 9.3%.

Bottom Line

Every day, thousands of homeowners regain positive equity in their homes. Some homeowners are now experiencing values even greater than those before the Great Recession. If you’re wondering if you have enough equity to sell your house and move on to your dream home, let’s get together to discuss conditions in our neighborhood!
 

 

Christie Cannon | REALTOR
The Christie Cannon Team
Keller Williams Realty Frisco 
972-215-7747
www.ChristieCannon.com
www.CannonTeamHomes.com

5 Reasons You Should Sell This Fall!

by Christie Cannon

5 Reasons You Should Sell This Fall!

5 Reasons You Should Sell This Fall! | MyKCM

Here are five reasons why listing your home for sale this fall makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! In fact, more often than not, multiple buyers end up competing with each other to buy the same homes.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now 

Housing inventory is still under the 6-month supply needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon!

Historically, a homeowner stayed in his or her home for an average of six years, but that number has hovered between nine and ten years since 2011. Many homeowners have a pent-up desire to move as they were unable to sell over the last few years because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.

3. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all that they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae’s latest Origination Insights Report, the average time it took to close a loan was 44 days.

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move up! The abundance of inventory available in these higher price ranges has created a buyer’s market for anybody looking to purchase these homes. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly AND you’ll be able to find a premium home to call your own!

According to CoreLogic, prices are projected to appreciate by 5.1% over the next year. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

5. It’s Time to Move on With Your Life 

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you feel you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.

 

Christie Cannon | REALTOR
The Christie Cannon Team
Keller Williams Realty Frisco
972-215-7747
www.ChristieCannon.com

Displaying blog entries 1-10 of 80

Syndication

Categories

Archives

Share This Page

Contact Information

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

 

Home Warranty Of America