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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

Homeownership is Cornerstone of American Dream

by Christie Cannon

Homeownership is a Cornerstone of the American Dream

Homeownership is a Cornerstone of the American Dream |MyKCM

“The rumors of my death are greatly exaggerated.”

The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage continued to fall for the next ten years.

That led to speculation that homeownership was no longer seen as a major component of the American Dream. That belief became so widespread that the term “renters’ society” began to be used by some to define American consumers.

However, the latest report by the Census Bureau on homeownership shows that over the last two years, the percentage of homeowners has increased in each of the last eight quarters.

Homeownership is a Cornerstone of the American Dream |MyKCM

Going forward…

It appears the homeownership rate will continue to increase.

The 2019 Aspiring Home Buyers Profile recently released by the National Association of Realtors revealed that 84% of non-owners want to own a home in the future. That percentage increased from 73% earlier last year.

Bottom Line

In the United States, the concept of homeownership as part of the American Dream is very much alive and well.

 

To discuss if homeownership fits into our family & financial plan, contact one of our agents at 469-951-9588

Why an Economic Slowdown Will NOT Crush Real Estate this Time

by Christie Cannon

Why an Economic Slowdown Will NOT Crush Real Estate this Time

Why an Economic Slowdown Will NOT Crush Real Estate this Time | MyKCM

Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future:

“While only 10% of panelists expect a recession in 2019, 42% say a recession will happen in 2020, and 25% expect one in 2021.”

Their findings coincide with three previous surveys calling for a slowdown sometime in the next two years:

  1. The Pulsenomics Survey of Market Analysts
  2. The Wall Street Journal Survey of Economists
  3. The Duke University Survey of American CFOs

That raises the question: Will the real estate market be impacted like it was during the last recession?

A recession does not equal a housing crisis. According to the dictionary definition, a recession is:

“A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.”

During the last recession, prices fell dramatically because the housing collapse caused the recession. However, if we look at the previous four recessions, we can see that home values weren’t negatively impacted:

  • January 1980 to July 1980: Home values rose 4.5%
  • July 1981 to November 1982: Home values rose 1.9%
  • July 1990 to March 1991: Home values fell less than 1%
  • March 2001 to November 2001: Home values rose 4.8%

Most experts agree with Ralph McLaughlin, CoreLogic’s Deputy Chief Economist, who recently explained:

“There’s no reason to panic right now, even if we may be headed for a recession. We’re seeing a cooling of the housing market, but nothing that indicates a crash.”

The housing market is just “normalizing”. Inventory is starting to increase and home prices are finally stabilizing. This is a good thing for both buyers and sellers as we move forward.

Bottom Line

If there is an economic slowdown in our near future, there is no need for fear to set in. As renowned financial analyst, Morgan Housel, recently tweeted:

“An interesting thing is the widespread assumption that the next recession will be as bad as 2008. Natural to think that way, but, statistically, highly unlikely. Could be over before you realized it began.”

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

 

The Housing Market Will “Spring Forward” This Year!

by Christie Cannon

The Housing Market Will “Spring Forward” This Year!

The Housing Market Will “Spring Forward” This Year! | MyKCM

Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right.

Buyer demand has seasonality to it. Usually, this falls off in the winter months, especially in areas of the country impacted by arctic conditions.

That hasn’t happened this year.

Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with an increase in rates forecasted for 2019, buyers are still able to lock in an affordable monthly payment. Buyers are increasingly jumping off the fence and into the market to secure a lower rate.

The National Association of Realtors (NAR) recently reported that in 2018 the top 10 dates sellers listed their homes all fell in April, May, or June.

Those who act quickly and list now, before a flood of increased competition, will benefit from additional exposure to buyers.

Bottom Line

If you are planning on selling your home in 2019, meet with a local real estate professional to evaluate the opportunities in your market.

 

 

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

Keller Williams Named Among Fast Companies Most Innovative Companies

Keller Williams has been named to Fast Company's prestigious annual list of the World's Most Innovative Companies (MIC) for 2019. The company ranked No. 1 in the real estate and urban development category on the new ranking.

 

"We are excited and honored to be named one of Fast Company's Most Innovative Companies in 2019," said Gary Keller, co-founder, chairman, and CEO of Keller Williams. "We are developing our technology in close partnership with our associates – from ideation to design and iterating together through release."

 

"It is this collaboration that drives our greatest opportunities for innovation. As technology continues to reshape our industry, I have never been more excited for thehttp://www.christiecannon.com future of our company," said Keller. "This is just the beginning."

 

The real estate industry is changing faster than ever before and Keller Williams is at the forefront of this change. The company is reaching new heights through innovation, disruption and an uncompromising commitment to the agent and the consumers they represent.

 

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

www.CannonTeamHomes.com

 

A Snapshot of Today's Sellers

by Christie Cannon

A Snapshot of Today's Sellers

 

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

Do You Need Any More Reasons to Love Frisco?

by Christie Cannon

Do You Need Any More Reasons to Love Frisco?

The Frisco Economic Development Corporation recently released a list of top accolades the Fastest Growing U.S. Metro in the past decade has earned.

From "Best Places to Live in America" to the "Best Real Estate Market", let this list be your top reasons why you should "See Yourself in Frisco"!


 

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

 

Best Property Investment Market in 2019 is in DFW

by Christie Cannon

Best Property Investment Market in 2019 is in DFW

Dallas-Fort Worth tops the list of U.S. cities that real estate industry execs say will be the best for their business in 2019.

The annual Emerging Trends in Real Estate report, which polled industry leaders on their outlook for 79 U.S. cities, rated DFW the highest for property investment & construction.

"I'm thrilled to see Dallas at the top of the list again," said Byron Carlock, national real estate leader with PriceWaterhouseCoopers, which, with the Urban Land Institute, sponsors the annual survey. "Dallas is doing a lot of things right.

"Dallas is one of the bright spots in our country," Carlock said. "We are watching Dallas lead the way among major cities pivoting to the new economy."

Read the full report here.

 

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

3 Tips for Making Your Dream of Buying A Home Come True

by Christie Cannon

3 Tips for Making Your Dream of Buying A Home Come True 

3 Tips for Making Your Dream of Buying A Home Come True [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it.
  • Living within a budget right now will help you save money for down payments while also paying down other debts that might be holding you back.
  • What are you willing to cut back on to make your dreams of homeownership a reality?

 

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

Google Plans to Open 2nd Data Center in North Texas

by Christie Cannon

Google Plans to Open 2nd Data Center in North Texas


Google has announced it has plans underway to open a second data center in the North Texas area. 

The first data center is currently underway in Midlothian, just south of Dallas. Google has not specified where exactly the second location will be, but it is not unlikely that it would be in the Collin or Denton county areas. 

“This growth will allow us to invest in the communities where we operate, while we improve the products and services that help billions of people and businesses globally,” said Google CEO Sundar Pichai in a blog post. “Our new data center investments, in particular, will enhance our ability to provide the fastest and most reliable services for all our users and customers.”

The Google data centers house powerful equipment to handle internet traffic. Last year, Google spent $9 billion on expansions across the United States. This year, Google plans to invest over $13 billion in technology upgrades, and bring offices and data centers to other states, including Nebraska, Nevada, Ohio, Oklahoma, South Carolina and Virginia.

As of now, there is no expected completion date for either the Midlothian data center or the other North Texas data center.

 

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

Displaying blog entries 331-340 of 706

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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