Tag Archives: Short Sale

5 Bedroom Awesome home perfect for the growing family. Great area next to heavily treed creek lot. 5112 RAINCREST, MCKINNEY TX 75071

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5112 RAINCREST, MCKINNEY TX 75071

Awesome home perfect for the growing family. Great area next to heavily treed creek lot. Relax in the evenings on the extended patio and listen to the breeze in the trees. Inside you’ll find large family room with spacious kitchen. Master bed downstairs along with 2nd bedroom and full bath perfect for guests and extended family. Large gameroom upstairs along with 3 bedrooms and 2 bath. Part of the 3 car gar converted to man cave. Mud room. Hurry!

  • MLS# 13387753
  • Residential
  • 5 Bedrooms
  • 4 Bathrooms
  • 3049 Square Feet
  • 3 Garage spaces
  • Built in 2004
  • 0.39 acres lot
List Firm – Keller Williams Realty Plano.

DETAILS

Property Features Creek, Landscaped, Lrg. Backyard Grass, Some Trees, Subdivision
School District McKinney
Association Fee 500
Foreclosure No
Design Single Detached
Garage Type Attached, Front, Garage, Garage Door Opener
Open house No

UTILITIES

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

FEATURES

Interior Features Cable TV Available, Flat Screen Wiring, High Speed Internet Available
Fireplace Gas Logs, Stone
Flooring Carpet, Ceramic Tile
Exterior Features Gutters, Patio Open
Construction Brick
Foundation Slab
Roof Composition
Style Traditional
Fencing Wood

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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.

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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: A Possible Housing Meltdown? These Experts Respectfully Disagree

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We want to let you know that “rumors of a new market meltdown” are not based on any reputable data. As proof, we offer you the comments of the following experts who have a totally different view on the current housing market.

Lawrence Yun, Chief Economist at NAR:

In spite of deficient supply levels, stock market volatility and the paltry economic growth seen so far this year, the housing market did show resilience and had its best first quarter of existing-sales since 2007.”

Jonathan Smoke, Chief Economist at realtor.com:

“We had a triple crown of April home sales reports, so 2016 is in the pole position to earn best year of home sales in a decade.”

Andrea Riquier, MarketWatch housing reporter:

“I’m calling the end of the housing “recovery.” On to ‘expansion.’”

Freddie Mac:

“Despite the disappointing economic reports, we still forecast housing to maintain its momentum in 2016.”

Steven Russolillo, Wall Street Journal housing reporter:

“A recent gauge of home builder sentiment held firmly in positive territory, according to the National Association of Home Builders. Perhaps more important, expectations for sales in the next six months jumped to the highest level of the year.”

Fannie Mae:

“Our latest housing tracker shows that the first quarter of 2016 was the second fastest first quarter pace of home sales in the past decade… Home sales typically rise in the spring and summer months, and we anticipate an acceleration in home sales that will surpass 2007’s pace by late summer.”

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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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SHOWS LIKE A MODEL! Do Not Miss this Beauty! End Unit with east facing Faux-Flagstone Patio,2 Bedrooms,2.5 Bathrooms, WOOD FLOORS, 8925 TROLLEY, MCKINNEY TX 75070

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$262,500

8925 TROLLEY, MCKINNEY TX 75070

SHOWS LIKE A MODEL!Do Not Miss this Beauty!End Unit with east facing Faux-Flagstone Patio,2 Bedrms,2.5 Bathrms,WOOD FLOORS,Corian Kitchen,GAS COOKING,Walk-in Pantry,Laundry Room Down,easily add a fence for yard,Large Master,Vaulted Ceilings,YOU WILL NOT BELIEVE THE SIZE OF THE MASTER CLOSET,Split Bedrms,GAME RM,Garage Shelving,easy walk to clubhouse,this one feels like home!HOA includes blanket insurance,roof,pool,gym,sprinklers,lawn.FRISCO ISD!

  • MLS# 13358423
  • Residential
  • 2 Bedrooms
  • 2.1 Bathrooms
  • 1944 Square Feet
  • 2 Garage spaces
  • Built in 2005
  • 0.05 acres lot
List Firm – Keller Williams Realty Plano.

DETAILS

Property Features Interior Lot, Landscaped, Some Trees, Subdivision
School District Frisco
Association Fee 130
Foreclosure No
Design Condo/Townhome
Garage Type Garage, Garage Door 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, Flat Screen Wiring, High Speed Internet Available, Vaulted Ceilings, Window Coverings
Fireplace Gas Logs
Flooring Carpet, Ceramic Tile, Wood
Exterior Features Covered Porch(es), Gutters, Lighting System, Patio Covered, Sprinkler System
Construction Rock/Stone
Foundation Slab
Roof Composition
Style Mediterranean

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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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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 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!!!

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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