Category Archives: TX

VERY NICE 4BR home with ceramic tiled floors in entry, kitchen, breakfast area & baths. Outside painted in 2016. New gdo in 2015, 3652 COTTONWOOD SPRINGS, THE COLONY TX 75056

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$269,900

3652 COTTONWOOD SPRINGS, THE COLONY TX75056

VERY NICE home with ceramic tiled floors in entry, kitchen, breakfast area & baths. Chair-rail molding in formal dining rm. Kitchen has stainless steel appliances, built-in desk, skylight, tiled backsplash, granite-look counters & walk-in pantry. Utility has cabinets & shelves (washer & dryer stay). Den has wbfp with gas starter. Garden tub, dbl sinks, high & low vanities & WIC. Game room with closet. Outside painted in 2016. New gdo in 2015.

  • MLS# 13379561
  • Residential
  • 4 Bedrooms
  • 2 Bathrooms
  • 2322 Square Feet
  • 2 Garage spaces
  • Built in 1998
  • 0.17 acres lot
List Firm – Keller Williams Realty Plano.

DETAILS

Property Features Interior Lot, Landscaped, Some Trees, Subdivision
School District Lewisville
Association Fee 265
Foreclosure No
Design Single Detached
Garage Type Attached, Garage Door Opener, Opener, Rear
Open house No

UTILITIES

Heating Central Air-Elec, Central Heat-Gas
Sewer Type City Sewer

FEATURES

Interior Features Cable TV Available, Decorative Lighting, High Speed Internet Available, Skylights, Vaulted Ceilings, Window Coverings
Fireplace Gas Starter, Insert, Metal Box
Flooring Carpet, Ceramic Tile
Exterior Features Deck, Gutters, Lighting System, Patio Open, RV/ Boat Parking
Construction Brick
Foundation Slab
Roof Composition
Style Traditional
Fencing Wood

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Real Estate Market Watch: Sell NOW Before Competition Hits the Market

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In their current edition of the Home Price Expectation Survey released last week, Pulsenomics asked this question of the 100+ economists, real estate experts and investment & market strategists they surveyed:

“In your opinion, what is the primary driver of recent home value growth in the U.S.?”

Here are the top four reasons given by those surveyed:

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As we have stated before, the current lack of inventory in most housing markets has caused home appreciation to increase at greater percentages than historical averages. This means that this is a great time to sell your home as supply is low and demand is high.

However, things may be about to change…

The fortuitous situation sellers see themselves in may soon change for three reasons:

  1. As more homeowners realize their equity situation has dramatically improved over the last four years, they will be more likely to put their homes on the market.
  2. With the residential real estate sector outperforming a sluggish economy, more home builders will be looking to add new construction inventory to a depleted supply of housing stock.
  3. Many banks are just now foreclosing on loans that have been delinquent since the housing bust. These houses will also be coming to market.

According to Daren Blomquist, senior vice president of RealtyTrac, in the Q2 2016 U.S. Residential Property Vacancy and Zombie Foreclosure Report:

“Lenders have been taking advantage of the strong seller’s market to dispose of lingering foreclosure inventory.” 

Bottom Line

In most housing markets, don’t wait for this additional competition to hit the market. If you are considering selling your house, now may be the time.

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Tucked away in quiet lake front community backing to corp. property & lake. Open David Weekly floorplan w 2 family rooms. 11212 WINDJAMMER, FRISCO TX 75034

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$499,900

11212 WINDJAMMER, FRISCO TX 75034

Tucked away in quiet lake front community backing to corp. property & lake. Open David Weekly floor plan w 2 family rooms. 32 x 14 down and 20 x 27 living area up with half bath. Breakfast area,living & master have views of lake & golf courses at The Tribute. Enjoy your private covered patio overlooking lake. Community is next to golf courses at The Tribute. See info on media. The other room is workshop or hobby room with HVAC next to the garage.

  • MLS# 13379297
  • Residential
  • 4 Bedrooms
  • 2.2 Bathrooms
  • 3100 Square Feet
  • 3 Garage spaces
  • Built in 1999
  • 0.37 acres lot
List Firm – Keller Williams Realty Plano.

DETAILS

Property Features Lake Front, Lake Front-Main Body, Landscaped, Lrg. Backyard Grass, Some Trees, Subdivision, Water/Lake View
School District Little Elm
Association Fee 180
Foreclosure No
Design Single Detached
Garage Type Attached, Garage Door Opener
Open house No

UTILITIES

Heating Central Air-Elec, Central Heat-Elec

FEATURES

Interior Features Cable TV Available, Vaulted Ceilings, Window Coverings
Fireplace Electric
Flooring Carpet, Ceramic Tile
Exterior Features Covered Porch(es), Gutters, Patio Covered, Sprinkler System, Workshop w/Electric
Construction Brick
Foundation Slab
Roof Composition
Style Traditional

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3BR Awesome lot! Gorgeous Centex home-backs to wooded greenbelt. 1413 SPYGLASS, ALLEN TX 75002

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$339,000

1413 SPYGLASS, ALLEN TX 75002

Gorgeous Centex home-backs to wooded greenbelt. Awesome lot! Flex-plan-study could be a living area! Elegant formal dining rm-wood floor. Large family room-tile floor-WBFP. Open dine-in island kit-Corian counters-42inch cab-gas cooktop, dbl ovens-micro-nook has window seat. Master & bath down-his-her van-garden tub-shower-Walk In Closet. Gameroom-2BR-bath up. Large arbor covered deck-open deck-benches-planters-speakers. Beautiful backyard-sprinklers. Comm pool-playground-parks.

  • MLS# 13380309
  • Residential
  • 3 Bedrooms
  • 2.1 Bathrooms
  • 2619 Square Feet
  • 2 Garage spaces
  • Built in 2002
  • 0.20 acres lot
List Firm – Keller Williams Realty Plano.

DETAILS

Property Features Greenbelt, Interior Lot, Landscaped, Some Trees, Subdivision
School District Allen
Association Fee 240
Foreclosure No
Design Single Detached
Garage Type Attached, Covered, Front, Garage, Garage Door Opener, Over sized, Swing Drive

UTILITIES

Heating Central Air-Elec, Central Heat-Gas
Sewer Type City Sewer

FEATURES

Interior Features Cable TV Available, Decorative Lighting, High Speed Internet Available, Sound System Wiring
Fireplace Wood Burning
Flooring Carpet, Ceramic Tile, Wood
Exterior Features Covered Deck, Covered Porch(es), Deck, Gutters, Lighting System, Patio Covered, Sprinkler System
Construction Brick
Foundation Slab
Roof Composition
Style Traditional
Fencing Metal, Wood

CLICK HERE FOR YOUR PERSONALIZED HOME SEARCH!!!

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Want to learn more information about a specific property?  Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1!

 

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Awesome 4 bedroom, 3.5 baths and 2 living areas. New roof & gutters. Great drive up with circle drive. 1708 ENDICOTT, PLANO TX 75025

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$379,900

1708 ENDICOTT, PLANO TX 75025

This 4 bedroom, 3.5 baths and 2 living areas & study had an appr. $100k update in 2011. The outdoor kitchen and covered flagstone patio & pergola highlight the pool & backyard with extra boat pad. Kit has granite, travertine floor, SS appl’s, engr. wood floors downstairs– Master bath with granite & silestone, glass shower. 2nd master upstairs. New roof & gutters. Great drive up with circle drive.

  • MLS# 13382228
  • Residential
  • 4 Bedrooms
  • 3.1 Bathrooms
  • 3164 Square Feet
  • 2 Garage spaces
  • Built in 1991
  • 0.22 acres lot
List Firm – Keller Williams Realty Plano.

DETAILS

Pool Attached Spa, Cleaning System, Heated, In Ground Gunite, Play Pool
Property Features Interior Lot, Landscaped
School District Plano
Foreclosure No
Design Single Detached
Garage Type Attached, Circle Drive, Opener

UTILITIES

Heating Central Air-Elec, Central Heat-Gas
Sewer Type City Sewer

FEATURES

Interior Features Flat Screen Wiring, High Speed Internet Available, Window Coverings
Fireplace Gas Logs, Gas Starter
Flooring Carpet, Ceramic Tile, Wood
Exterior Features Attached Grill, Covered Porch(es), Gazebo/Pergola, Gutters, Outdoor Living Center, Patio Covered, RV/ Boat Parking, Sprinkler System
Construction Brick
Foundation Slab
Roof Composition
Style Traditional
Fencing Wood

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Real Estate Market Watch: When Is It A Good Time To Rent? Definitely NOT NOW!

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People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.

The Census Bureau recently released their first quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

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A recent Wall Street Journal article reports that rents rose “faster last year than at any time since 2007, a boon for landlords but one that has stoked concerns about housing affordability for renters.”

The article also cited results from a recent Reis Inc. report which revealed that average effective rents rose 4.6% in 2015, the biggest gain since before the recession. Over the past 15 years, rents have risen at a rate of 2.7% annually. 

Where are rents headed?

Jonathan Smoke, Chief Economist at realtor.com recently warned that:

“Low rental vacancies and a lack of new rental construction are pushing up rents, and we expect that they’ll outpace home price appreciation in the year ahead.”  

Bottom Line

NAR’s Chief Economist, Lawrence Yun had this to say in the latest Existing Home Sales Report:

 “With rents steadily rising and average fixed rates well below 4 percent, qualified first-time buyers should be more active participants than what they are right now.”

One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s meet up to determine if you are able to today!

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Pristine end unit in Cascades with lovely green-space, Close to 121, Dallas Tollway, Shops of Legacy, Stonebriar Mall, Restaurants and so much more! 5968 LOST VALLEY, THE COLONY TX 75056

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$245,000

5968 LOST VALLEY, THE COLONY TX 75056

Pristine end unit in Cascades with lovely green-space beside home. This wonderful home boasts gorgeous cabinetry, trim work , open floor plan, high ceilings, large living room and more. Master bath has a separate shower and garden tub. Close to 121, Dallas Tollway, Shops of Legacy, Stonebriar Mall, Restaurants and so much more!!!

  • MLS# 13369743
  • Residential
  • 3 Bedrooms
  • 2.1 Bathrooms
  • 1806 Square Feet
  • 2 Garage spaces
  • Built in 2009
  • 0.10 acres lot
List Firm – Keller Williams Realty Plano.

DETAILS

Property Features Corner
School District Lewisville
Association Fee 578
Foreclosure No
Design Condo/Town-home
Garage Type Attached, Front, Garage Door Opener

UTILITIES

Heating Central Air-Elec, Central Heat-Elec
Sewer Type City Sewer

FEATURES

Interior Features Cable TV Available, Decorative Lighting, High Speed Internet Available, Window Coverings
Flooring Carpet, Ceramic Tile
Exterior Features Covered Porch(es), Sprinkler System
Construction Brick
Foundation Slab
Roof Composition
Style Traditional
Fencing Wood

CLICK HERE FOR YOUR PERSONALIZED HOME SEARCH!!!

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Fresh Listings! Just listed McKinney Area! Don’t miss out!

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Real Estate Market Watch: Are Foreclosures Increasing or Decreasing?

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Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed property inventories are about to skyrocket. Today, we want to reveal what is actually taking place in this segment of the housing market.

CoreLogic, in their most recent National Foreclosure Report, reported that foreclosure inventory has decreased by 23.2% since this time last year. The report also showed that foreclosure inventory has decreased in 49 of the 50 states and that 45 states have posted a year-over-year, double-digit decline (see chart below).

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Other findings in the report:

  • The Seriously Delinquent Rate (homeowners more than 90 days behind in their mortgage payment) is 3.1% which is the lowest level since November 2007
  • The Foreclosure Rate is 1.1% which is also the lowest level since November 2007
  • This was the 53rd consecutive month that showed a decline in the Foreclosure Rate

Bottom Line

Though foreclosures do remain in the market, the number is dramatically decreasing. The fact that mortgage delinquency rates are also decreasing means the worst of the foreclosure crisis is in the rear view mirror.

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Highly customized Landon Home on private cul de sac in Austin Ridge. Beautiful hardwoods and soaring ceilings, 1040 ECHO BEND, FRISCO TX 75034

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$407,000 

1040 ECHO BEND, FRISCO TX 75034

Highly customized Landon Home on private cul de sac in Austin Ridge. Energy Star Certified w tankless water heater,low E windows and radiant barrier. Master and guest suite down w 3 additional bedrooms and game room up. Beautiful hardwoods and soaring ceilings that allow for ample natural light w elegant floor to ceiling fireplace. Gourmet kitchen w stainless steel appliances,cabinetry galore w pull out spice racks,gas cooktop w large island

  • MLS# 13376918
  • Residential
  • 5 Bedrooms
  • 3 Bathrooms
  • 2909 Square Feet
  • 2 Garage spaces
  • Built in 2011
  • 0.17 acres lot
List Firm – Keller Williams Realty Plano.

DETAILS

Property Features Cul De Sac, Interior Lot, Landscaped
School District Frisco
Association Fee 496
Foreclosure No
Design Single Detached
Garage Type Attached, Garage, Garage Door Opener, Rear

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Fantastic location for this great family home in Hillcrest Estates. Wonderful open floor plan with split master 10112 ANNE, FRISCO TX 75035

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Fantastic location for this great family home in Hillcrest Estates. Wonderful open floor plan with split master, 2 living, Enormous Kitchen Perfect for Entertaining with Granite counter tops, SS Appliances, Extensive Wood Floors, Large Study w French Doors. Sparkling Pool & Spa with Board on Board fence for extra privacy. 3rd bedroom is currently used as study. Walking distance to elementary, middle and new high school-Lebanon Trail.

  • MLS# 13361157
  • Residential
  • 3 Bedrooms
  • 2 Bathrooms
  • 2377 Square Feet
  • 2 Garage spaces
  • Built in 1994
  • 0.17 acres lot
List Firm – Keller Williams Realty Plano.

DETAILS

Pool Attached Spa, Cleaning System, Heated, In Ground Gunite
Property Features Interior Lot, Landscaped, Some Trees, Subdivision
School District Frisco
Foreclosure No
Design Single Detached
Garage Type Attached, Garage Door Opener, Rear

CLICK HERE FOR YOUR PERSONALIZED HOME SEARCH!!!

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Fresh Listings! Just listed McKinney Area! Don’t miss out!

Want to know the value of your home?  Click here: Find Your Homes Value Now For FREE.

Want to learn more information about a specific property?  Click here: The Kimberly Davis Group-Looking to Buy or Sell… The Kimberly Davis Group is ranked #1!

 

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Filed under Frisco, Home Buyer, Home for Sale, Home Listings, kimberly davis group, little elm, McKinney, north Texas homes for sale, plano, Providence Village, the colony homes for sale, TX, Uncategorized