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Christie Cannon

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2013 Real Estate is Booming - so, Why the Confidence?

by Christie Cannon

New Communities in Frisco TX - Simply WOW!

by Christie Cannon

Some Grand Openings have occurred; some have yet to happen, but one thing is for sure... these new communities and builders are selling new homes at an unprecedented pace!

Phillips Creek Ranch in West Frisco - New Homes by Highland, Huntington, KHovnanian, Belclaire, Darling, Drees, Shaddock, Lionsgate, & Standard Pacific.  - 547 Homes sites in Phase 1 - pricing from $300K - $1-million.  So much to choose from - for a sample of homes click here!

Lawler Park in East Frisco - What an amazing location for this boutique style community! New homes by Highland & Darling! - This whole community only has 344 lots & they will NOT last! - For a sample of available homes click here!

Have Questions about these great communities or any others?  Please feel free to give me a call! Christie Cannon - 469-951-9588

North TX Market - Home Sales up 29% - Foreclosures Down 10%

by Christie Cannon

A strengthening market and low financing costs have propped up home sales for the region.

According to the Real Estate Center, home sales for North Texas climbed 29 percent in October, the largest year-over-year sales increase of pre-owned homes in more than three years. Pending sales are also up 20 percent compared with a year ago, signaling a strong finish to the year.

The biggest year-over-year sales increases were found in North Dallas (79 percent), northeast Dallas (71 percent) and Far North Dallas and Coppell (59 percent).

You can read a related article by- Steve Brown - Real Estate Editor - DallasNews.com

For market statistics broken down by area, please try - www.DFWHomeTrends.com

 

Have Questions about your neighborhood or your home's value - please give me a call:

Christie Cannon - 469-951-9588  www.christiecannon.com

 

 

Frisco Real Estate Stats & Frisco Home Sales

by Christie Cannon

How are homes selling in your city? Find the latest Dallas Housing Stats & Market News at www.DFWHomeTrends.com

 SEP-12 Quick Facts:  

  • The Average price of existing single-family homes increased to $208,238 up +10% vs 2011.
  • Existing single-family home sales increased +10% from 2011 for a total of 6,103 sold units.
  • Condos increased in price to $186,457 up +25.0% vs 2011.
  • Existing condo sales increased +7% in Sep-12 over 2011 for a total of 361 sold units. 

 Frisco at a Glance:  

  • The Average price of existing single-family homes $302,339 - increased +5% vs 2011. 
  • Existing single-family home sales increased +17% from 2011.
  • CURRENT INVENTORY is at a 3 Month Supply - this is a 36% decrease from last year!

Specific Sales & Housing Stats with City breakdowns available here:  www.DFWHomeTrends.com

_________________________________________________

 Search homes (including foreclosures) in the North TX MLS at www.CannonMLS.com or www.ChristieCannon.com.  Recent changes even allow you to search by map locations!

New Builder Inventories can also be found here New Home & Builder Inventory

Once again, I am beginning to see confusion related to the 3.8% real estate tax enacted with the Health Care Reform Act in 2010.   This is a complex tax with many misconceptions. Below is a general summary of key points of the tax:

  • It is important to note that this tax will not be imposed on all sales, there are conditions that must be met.
  • This is NOT a transfer tax.
  • When the legislation becomes effective, it may impose a 3.8% tax on some income from interest, dividends, rents, and capital gains.
  • As is, the tax will fall on individuals with an adjusted gross income (AGI) above $200,000 and couples filing a joint return with more than $250,000 AGI.
  • The new tax does NOT eliminate the benefits of the $250,000/$500,000 exclusion on the sale of a principal residence. Thus, ONLY that portion of a profit above $250,000 / $500.000 on a principal residence may be subject to the tax.
  • The National Association of Realtors has prepared a Worksheet to help you better understand the implications of this tax.

Additional information can be found courtesy of the National Association of Realtors at: The 3.8% Tax & Health Care - or - The NAR's www.houselogic.com

* Again this is a complex tax AND many other tax related factors may affect your situation!  Please consult your CPA or Tax Professional for how this may affect you & your family! 

 

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.
 
 

The Grand Opening is over & these homes are selling fast! Great location, exemplary rated Frisco ISD, hard-to-find pricing, these opportunities will not last.

The Arbors at Willow Bay is located in the heart of Frisco. The community boasts a private swim club in The Arbors as well as complex and spray park.  The Arbors starts from the $270’s and features 132 Lots with over 2 acres of HOA green-space.

Frisco ISD Schools:  Ashley Elementary - Maus Middle School - Heritage High

Available Homes:
Newly Listed Homes in the Arbors!  -  Newly Listed Houses from Highland & American Legend
Willow Bay including the Arbors!   -  New Build Information (More to Come)
 

Directions:
• Take Hwy 121 East to Independence Parkway.
• Go North on Independence (left) for around 3.5 miles.
• Turn left on Sumac Lane and then immediate right on Morrow Bay Lane.
• Model will be on the left

D Magazine The Best Real Estate Agents 2012!

by Christie Cannon

Christie Cannon was once again chosen by D Magazine for their Best Real Estate Agent list in 2012.  We owe a special "thank you" to the Real Estate Community for their recognition & most importantly to our clients.  We appreciated your support & confidence.

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

 

We would also like to congratulate Sandy Stewart - Lead Buyers Agent for the Christie Cannon Team who was also again chosen for this prestigious award!

 

 

 

 

Important Changes affecting Residential Homestead Exemptions!

by Christie Cannon

Effective September 1, 2011, in order to qualify for a residential homestead exemption you must provide the following to the Appraisal District when submitting your application:

  • Texas Driver License or Texas State ID Card

    • The address on your driver license or state ID card MUST match the physical address of the residence for which you are applying.

  • Vehicle Registration Receipt

    • The address on your vehicle registration MUST also match the physical address of the residence for which you are applying for.

New Water Restrictions for Frisco Begin November 1st!

by Christie Cannon

The City of Frisco (currently at Stage 2 water restrictions) approved on October 4th the implementation of Stage 3 Water Restrictions.  The North Texas Municipal Water District (NTMWD) recommended member cities implement Stage 3 restrictions November 1. As a member city, the City of Frisco has elected to comply with the recommendation.

Stage 3 of Frisco’s ‘drought and emergency’ restrictions limit outdoor watering to one day each week on your residential trash day.  Please note that drip lines, soaker hoses, & bubblers have additional usage allowances! 

To compare our current Stage 2 restrictions to Stage 3, click here to view our Drought and Emergency Response Plan Guide.   Additional Information can be found at The City of Frisco's Public Work's website.

Don't forget that the The City of Frisco also offers free irrigation system check-ups for residents. Contact Mike Barth, licensed irrigation professional, for a free irrigation check-up at 972-292-5844 or email Waterwise@friscotexas.gov

Displaying blog entries 331-340 of 365

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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

 

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