Tag Archives: McKinney Texas

Market Watch: June is National Home ownership Month!

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Some Highlights:

  • Paying rent is not a good investment, but owning is a great way to start building family wealth.
  • Not only does homeownership allow you to provide your children with great education, but you can also decide whether or not your child grows up with a pet.
  • Owning a home provides you with tax benefits while also providing you with more living space to move around in.

CLICK HERE FOR YOUR PERSONALIZED HOME SEARCH!!!

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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

GORGEOUS 1 story in HIGHLY sought after Legends. Relaxing backyard includes board on board fence and charming pergola! Must see pics! 5731 GREEN HOLLOW, THE COLONY TX 75056

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$255,000

5731 GREEN HOLLOW, THE COLONY TX 75056

GORGEOUS 1 story in HIGHLY sought after Legends. Entry opens to study with double doors on your right & SPACIOUS DA & LA to your left. Kit boasts granite counter tops, lg island & updated back splash. Open floor plan with lg windows- tons of light! BEAUTIFUL master suite features garden tub, separate shower, & double sinks. Vaulted ceilings and upgrades throughout. Relaxing backyard includes board on board fence and charming pergola! Must see pics!

  • MLS# 13381211
  • Residential
  • 3 Bedrooms
  • 3 Bathrooms
  • 1912 Square Feet
  • 2 Garage spaces
  • Built in 1999
  • 0.13 acres lot
List Firm – Keller Williams Realty Plano.

DETAILS

Property Features Interior Lot, Some Trees, Subdivision
School District Lewisville
Association Fee 400
Foreclosure No
Design Single Detached
Garage Type Attached, Garage, Rear
Open house No

UTILITIES

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

FEATURES

Interior Features Cable TV Available, Decorative Lighting, Vaulted Ceilings
Fireplace Gas Starter, Stone
Flooring Carpet, Ceramic Tile
Exterior Features Patio Covered
Construction Brick, 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 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

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.

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

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!!!

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

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

Market Watch: Where Are Home Values Headed Over the Next 5 Years?

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Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

The results of their latest survey:

Home values will appreciate by 4.0% over the course of 2016, 3.4% in 2017 and 3.0% in the next two years, and finally 2.8% in 2020 (as shown below). That means the average annual appreciation will be 3.2% over the next 5 years.

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The prediction for cumulative appreciation slowed slightly from 25.0% to 24.7% by 2020. The experts making up the most bearish quartile of the survey are still projecting a cumulative appreciation of 9.9%

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Bottom Line

Individual opinions make headlines. We believe the survey is a fairer depiction of future values.

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, Uncategorized

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.

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