Category Archives: TX

Market Watch: How Does Housing Help Build Family Wealth?

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As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way to dramatically increase their family wealth is through the acquisition of real estate.

For example, let’s assume a young couple purchased and closed on a $250,000 home in January. What will that home be worth five years down the road? 

Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists every quarter. They ask them to project how residential prices will appreciate over the next five years. According to their latest survey, here is how much value that $250,000 house will gain in the coming years.

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Over a five-year period, that homeowner can build their home equity to over $40,000. And, in many cases, home equity is large portion of a family’s overall net worth.

Bottom Line

If you are looking to better your family’s long-term financial situation, buying your dream home might be a great option.

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Best Buy! 5 Bedroom Home w/ Pool! C-shaped design allows pool view from most downstairs rooms-beverage center & pool bath, 4525 OLD POND, PLANO TX 75024

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4525 OLD POND, PLANO TX 75024

This 5 bdrm home is family & entertaining styled. C-shaped design allows pool view from most downstairs rooms-beverage center & pool bath;well planned kit has granite,island & lots of cabinets. On Cul-de-sac just 4 homes from club house & greenbelt. Updates include new interior paint, fam rm & MBR cpt. roof & gutters. Hardwoods in front liv area, MBR down;Upstairs 2 bdrms w Jack & Jill,plus another bdrm & bath. Upstairs gameroom can be 5th bdrm.

  • MLS# 13382438
  • Residential
  • 5 Bedrooms
  • 3.1 Bathrooms
  • 3774 Square Feet
  • 3 Garage spaces
  • Built in 1988
  • 0.23 acres lot
List Firm – Keller Williams Realty Plano.

DETAILS

Pool Cleaning System, Heated
School District Plano
Association Fee 600
Foreclosure No
Design Single Detached
Garage Type Attached, Garage, Opener, Oversized, Rear
Open house No

UTILITIES

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

FEATURES

Interior Features Built-in Wine Cooler, Cable TV Available, Dry Bar, Flat Screen Wiring, High Speed Internet Available, Intercom, Paneling, Plantation Shutters, Vaulted Ceilings, Wainscoting, Wet Bar
Fireplace Gas Logs
Flooring Carpet, Ceramic Tile, Concrete, Wood
Exterior Features Sprinkler System
Construction Block, Frame/Brick Trim, Vinyl Siding
Foundation Slab
Roof Composition
Style Traditional
Fencing Wood

CLICK HERE FOR YOUR PERSONALIZED HOME SEARCH!!!

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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 Home Buyer, Home for Sale, Home Listings, kimberly davis group, north Texas homes for sale, plano, TX, Uncategorized

Real Estate Market Watch: Unparalleled Trust Necessary Before Listing Your House

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You and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do you need to trust them?

You must have enough trust in them that you feel comfortable they will accomplish all four things below: 

1. Sell possibly the largest asset your family owns

In many cases, a home is the largest asset a family has. Studies have shown that the equity many families have in their home is the largest percentage of that family’s overall wealth. 

2. Set the correct market value on that asset

Pricing is crucial even in the best of markets. You want to get the best price for your home without putting your house at a value that buyers will have little interest in.

3. Set the time schedule for the liquidation of that asset

Your family probably has a certain timetable for the sale of your house and the move into your next home. Coordinating the home selling process to meet certain schedules can be tricky.

4. Set a fair fee for the services required to liquidate that asset

You will need to pay a commission to an agent for selling the home and coordinating all elements of the selling transaction, including possible future negotiations (ex. with a home inspector or appraiser).

That’s a lot of trust. Let’s get together to discuss the difference hiring a true professional can make in the sale of your home.

CLICK HERE FOR YOUR PERSONALIZED HOME SEARCH!!!

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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

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

CLICK HERE FOR YOUR PERSONALIZED HOME SEARCH!!!

Like us on Facebook: The Kimberly Davis Group

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, north Texas homes for sale, the colony homes for sale, TX, Uncategorized

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.

CLICK HERE FOR YOUR PERSONALIZED HOME SEARCH!!!

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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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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

CLICK HERE FOR YOUR PERSONALIZED HOME SEARCH!!!

Like us on Facebook: The Kimberly Davis Group

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

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!!!

Like us on Facebook: The Kimberly Davis Group

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!

 

Leave a comment

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