Sunday, November 17, 2024

Welcome to the DFWmark Blog!



Welcome to the DFWmark Blog! This is a collection of content by Mark M. Hancock, a REALTOR with Keller Williams North County in Celina, Texas. I'm based in Frisco, Texas to best service the Dallas/Fort Worth Metroplex.

To browse the most useful content or when you have a specific question, please visit the blog index (also linked as "I've Got Your Six!" in most posts). It organizes information by categories.

To search for a new, preowned or lease home anywhere in the United States, please visit my website: DFWmark.com. My site is tied directly to the multiple listing service (MLS). You have no-cost access to the most accurate, safe and up-to-date information available.

For your real estate needs, please call, text or email.

I've Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212
markhancockrealty@gmail.com
DFWmark.com

Ready to sell your property? Please watch this short video!

#REALTOR #DFWmark #ArmyVeteran #NotaryPublic #CommercialDronePilot #AwardWinningPhotojournalist #Buy #Sell #Lease

All About Weather

To understand weather, we must learn how air pressure, temperature, and moisture interact within the atmosphere to affect conditions like wind, clouds, and precipitation. Here’s a concise breakdown:

• Weather vs. Climate
Weather is short-term atmospheric conditions. Climate refers to long-term weather patterns in a region. Let’s focus on the weather wherever you are.

• The Atmosphere
The Earth’s atmosphere, where weather occurs, is mostly nitrogen (78%) and oxygen (21%). Weather is primarily in the troposphere, which extends from the Earth’s surface upward about 5 to 10 miles. Air pressure is the weight of the air above us and varies with altitude to influence weather patterns. Wind moves from high to low pressure.

• Temperature
Temperature is influenced by solar radiation (energy) and by the Earth’s surface ability to absorb or reflect it. The sun heats the Earth’s surface unevenly, which leads to temperature differences. Daily cycles of heating and cooling create changing weather conditions. Heat moves toward cold. The temperature differences drive wind and ocean currents. Temperatures rise during the day and fall at night due to the Earth’s rotation in relation to the sun.

• Air Pressure and Wind
Air pressure differences create winds. High-pressure systems bring fair weather as air sinks while low-pressure systems allow moisture to condense in rising air. Higher differences between highs and lows cause stronger winds.

photo © Mark M. Hancock & The Dallas Morning News


• Humidity and Precipitation

Humidity (water vapor in the air) affects cloud formation and precipitation. When vapor condenses, it falls as rain, snow, or hail depending on temperature.

• Clouds
Clouds form when moist air rises and cools. Cloud types signal different weather conditions such as cumulus - fair weather, stratus - overcast, or cumulonimbus - storms.


• Weather Fronts
A front is a boundary between air masses. Cold fronts bring storms, warm fronts cause gradual cloud formation, and stationary fronts lead to prolonged precipitation.

• Storms and Extreme Weather
Extreme weather like thunderstorms, tornadoes, hurricanes, and blizzards result from rapid or violent atmospheric instability or energy release.

• The Water Cycle
Water constantly cycles as it moves from the oceans to the atmosphere and onto land through evaporation, condensation, precipitation and runoff.

• Geography’s Role
Geography affects weather: mountains create rain shadows (dry areas on the leeward side), oceans moderate temperatures, and elevation influences weather patterns.

• Tools and Instruments
Meteorologists use instruments to gather measurements like thermometers - temperature, barometers - air pressure, hygrometers - humidity, anemometers - wind speed, and radar - precipitation. Satellites track storms.

• Forecasting
Weather predictions are made with data from past patterns, atmospheric conditions, and forecasting models.

I've Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
#REALTOR, New Build certified
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com

#DFWmark #IOV #InformationOfValue #weather #storms #preparation #safety #atmosphere #HowItWorks

Saturday, November 16, 2024

Pending in McKinney!


Congratulations to the Landlord and Tenants who came to a quick agreement for this newly-constructed McKinney single-family house in the McKinney ISD.

If you're an investor who wants to acquire a property or have a property to lease, I’m at your service!

As a professional photographer, FAA-licensed drone pilot and marketing specialist, I can place your lease property in its best light to get tenants. If the property is photo ready, I can put the home on the market with professional drone and interior photos within 24 hours.

As a full-time REALTOR, I can research and show any investment properties, write your offer quickly, negotiate terms, provide vendors and more to get the property in your portfolio and tenants in the property to create passive income for you.

I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Construction certified
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com


#DFWmark #REALTOR #pending #McKinney #McKinneyISD #CollinCounty #DFW #LeaseMyHouse #landlord #NewConstruction

Friday, November 15, 2024

Mega Open House in Aubrey!

Please visit Tiffany Scott during the Mega Open House this Sunday, Nov. 17 from 11 a.m. to 2 p.m. at 2809 Lakeside Dr. in Aubrey. Many agents in the community have arranged simultaneous open houses. She’ll have treats and great information.

I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
KW North Country
214-862-7212
DFWmark@KW.com
DFWmark.com

#DFWmark #REALTOR #OpenHouse #Aubrey #DentonCounty #ArrowBrooke #DentonISD #MegaOpenHouse #ThreeCarGarage

Monday, November 11, 2024

Happy Veterans Day 2024



Happy Veterans Day!


Thank you to all who have served! Pro Patria! ⚔️

Veterans, get some Free Stuff: 

https://dfwmark.blogspot.com/2022/04/free-stuff.html#veteran



Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com


#DFWmark #REALTOR #VeteransDay #veteran #MRP #MilitaryRelocationProfessional #military #Army #OPFOR #VeteranOwned

Friday, November 8, 2024

Market Statistics - November 2024

Click to see detailed info.
Most reported areas remain Sellers’ Markets with less than six months of housing inventory. Gunter and Anna are Buyers’ Markets while inventory is being depleted. Little Elm has the highest year-over-year (YOY) inventory increase at 81.5% and Gunter has the lowest at 20.4%. Collin and Denton counties had YOY inventory decreases while Dallas County was flat. All three counties have a median change of around 40% higher than last year.

McKinney has the most Active homes at 956 while Gunter has the fewest at 41. Prosper had the highest Median List price and Median Sold Price. Frisco has the highest Median Price Per Square Foot (PSF) at $242 PSF. Anna has the most affordable Median PSF listings in the reporting area at $180 PSF.

Dallas County’s days on market increased to 29 while Collin and Denton counties remained near 35. Dallas County has the lowest median price per square foot this month at $206 while Collin and Denton counties are at $209 and $212 PSF. Dallas County has the most Active properties with 7,189. All three reported counties have a median closed percentage of the original listed price near 96%.

Plano got the highest median percentage of original price at 97% while Van Alstyne surprised for a second month at 88.9%. Plano also has the lowest reported median days on market at 28 days.

Mortgage rates have crept upward each week during October with better-than-expected employment reports. Many buyers have waited for the national election results earlier this week to indicate the country’s possible future economic direction. The Fed lowered the funds rate by 0.25% on Thursday. Fed Chairman Jerome Powell suggested that smaller rate cuts would be possible later if the data supported it.

I've Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com

#DFWmark #REALTOR #MarketWatch #ResidentialMarket #MarketStatistics #Stats #YOY #CollinCounty #DentonCounty #DallasCounty

Friday, November 1, 2024

Price Improve at 7004 English Elm



Price Improved! 7004 English Elm Trl.
McKinney TX 75071
Listed at $2,350 p/mo
MLS# 20740573

You will be the first resident in this stunning newly constructed home by Lennar. This 1,966 sq. ft. Allegro floorplan home has 4 bedrooms, 2 full baths, a breakfast room, flex room - formal dining, laundry, and a covered porch.

The open-concept kitchen is the heart of the home with a kitchen island, stone countertops, a walk-in pantry, and all-new stainless-steel appliances including a refrigerator and gas range. The light-and-bright main living area also includes a breakfast room and family room. The primary suite has a private bathroom with dual sinks, an enclosed shower, a linen closet, and a walk-in closet. An additional bathroom and three bedrooms complete the accommodation. A spacious utility room features a new washer and dryer. A covered patio is ideal for relaxation. The backyard has lush grass and a wood & brick privacy fence for outdoor play and entertainment. The smart home has Fission internet included. It is zoned in the 5A McKinney North High School area of the MISD.

I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Home certified
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com

#DFWmark #REALTOR #lease #JustListed #McKinney #McKinneyISD #CollinCounty #ShadedTree #NewConstruction #SingleFamilyHouse

Open House on Lakeside


Open House!
Sunday, 3 November 2024
From 2 p.m. to 4 p.m.
2809 Lakeside Dr., Aubrey
Listed at $500,000
MLS# 20674193

Move-in ready, east-facing 3,145 sq. ft. home in the Arrow Brooke community of Aubrey backs to a greenbelt has 4 bedrooms, 3 full baths, game room, media room, covered porch, and a 3-car garage.

Rare home is near the community pool and stocked fishing ponds. Home has Luxury Vinyl Plank flooring throughout the ground floor common areas and bedrooms. Bathrooms feature designer ceramic tile floors. Front downstairs bedroom is beside a guest bath. Open-concept plan includes living room, breakfast area and kitchen. The chef’s dream kitchen has a gas cooktop and oven, granite island with sink, reverse osmosis filtration system, breakfast bar, and stainless steel appliances. Primary ensuite bedroom has trayed ceiling, dual vanities, garden tub and separate shower. Primary closet has ample storage. Laundry and covered patio complete the ground floor. Upstairs features two bedrooms with walk-in closets, a full bath, a massive game room and extra-sized media room, which is wired for surround sound.

I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
KW North Country
214-862-7212
DFWmark@KW.com
DFWmark.com

#DFWmark #REALTOR #OpenHouse #Aubrey #DentonCounty #ArrowBrooke #DentonISD #gameroom #ThreeCarGarage

Thursday, October 31, 2024

Halloween Yard Decorations 2024

 
Thanks to the hundreds of visitors to our Treat House in Frisco! Our house was decorated and ready for ghoulish portraits and family photos in our yard. Many folks said this is an annual highlight, and they return each year for the colorful Halloween holiday activities in our neighborhood.

I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Construction certified
214-862-7212
DFWmark@kw.com
DFWmark.com

#DFWmark #Halloween #TrickOrTreat #TreatHouse #decorations #inflatable #Frisco #lights #spider #ghost

KWNC Hallloween Party 2024

 
Keller Williams North Country agents participate in the Halloween Party and costume contest at our office in Celina on Wednesday, Oct. 30, 2024.
I won the costume contest as "urban camo" or "human trash." Thanks to everyone who voted!

I've Got Your Six!

Mark M. Hancock
REALTOR, GRI, MRP, AHWD
214-862-7212
DFWmark@kw.com
DFWmark.com

#DFWmark #REALTOR #KWNC #Halloween #TrickOrTreat #decorations #CostumeContest #Celina #CollinCounty #party

Tuesday, October 29, 2024

Treat House decorations


Our Treat House on Meadow Glade in Frisco is decorated and ready for family photos each night for about four hours after sundown through Thursday, 31 Oct. 2024. It will be turned off during any rain.

Located at the DEAD END of Meadow Glade in Preston Glen in Frisco, it’s the place to be to get a treat. The yard features a high-end gravestone along with skeletons as well as plenty of spiders of all sizes and shapes. The planters and glow web feature energy-saving LED lighting while the sidewalks include retro-style stake lights with modern LED flair.



Younger children should feel safe for photos because nothing jumps or screams. Bring your whole family for ghoulish portraits in our yard if you wish.



I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Construction certified
214-862-7212
DFWmark@kw.com
DFWmark.com


#DFWmark #Halloween #TrickOrTreat #TreatHouse #decorations #inflatable #Frisco #lights #spider #ghost

Sunday, October 27, 2024

William Ryan Design Center Open House

 

Let’s tour the William Ryan Design Center in Farmers Branch on Thursday, Oct. 17, 2024. When you're ready to purchase to a new construction home, you need a New Construction certified REALTOR by your side.

I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Construction certified
214-862-7212
DFWmark@kw.com
DFWmark.com

#DFWmark #REALTOR #NewConstruction #WilliamRyan #NewBuild #FarmersBranch #DallasCounty #DesignCenter #new #OpenHouse

Tuesday, October 22, 2024

7013 English Elm - Price Improved!

 

7013 English Elm Tr.
McKinney TX 75071
Listed at $2,300 p/mo
MLS# 20718217

You will be the first resident in this stunning newly constructed home by Lennar. This east-facing 1,838 sq. ft. Serenade Floorplan home has 4 bedrooms, 2 full baths, a breakfast room and a covered porch. The open-concept kitchen is the heart of the home with a kitchen island, stone countertops, a walk-in pantry, and all-new stainless-steel appliances including a refrigerator and gas range. The light-and-bright main living area also includes a breakfast room and family room. The primary suite has a private bathroom with dual sinks, an enclosed shower, a linen closet, and a walk-in closet. An additional bathroom and three bedrooms complete the accommodation. A spacious utility room features a new washer and dryer. A covered patio is ideal for relaxation. The backyard has lush grass and a wood privacy fence for outdoor play and entertainment. The smart home has Fission internet included and is ready to use. It is zoned in the 5A McKinney North High School area of the MISD. Pets welcome!

I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Home certified
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com

#DFWmark #REALTOR #lease #PriceImproved #McKinney #McKinneyISD #CollinCounty #ShadedTree #NewConstruction #SingleFamilyHouse

Sunday, October 20, 2024

Laundry Hacks and Machines


  Laundry problems can be frustrating. Problems can include stubborn stains, fading colors, and laundry odor. Stains can be difficult to remove if not treated promptly while improper sorting can lead to color bleeds. Poorly maintained machines can cause clothes to become damp, musty and smelly. Overloaded machines cause inefficient cleaning and drying, which results in wrinkled clothes and longer cycles. Employing effective laundry hacks to counter these issues can help simplify the process and keep clothes looking and smelling fresh.

Laundry machines and hacks
Laundry machines have become essential appliances in modern U.S. households. They streamline the washing and drying process of clothes. Clever hacks can enhance their efficiency and effectiveness. Simple tricks like using vinegar as a natural fabric softener, pre-treating stains with baking soda, or separating laundry by fabric type can significantly improve cleaning results. Incorporating wool dryer balls can reduce drying time, aluminum balls reduce static cling while cleaning the lint trap regularly ensures optimal performance and safety. By combining the capabilities of laundry machines with these hacks, you can achieve cleaner, fresher clothes while saving time, energy, and money.

Laundry hacks:
• Pre-treat Stains: Apply a mixture of baking soda and water directly to stains before washing. Let it sit to break down the stain.
• Use Vinegar as Fabric Softener: Add a cup of white (distilled) vinegar to the rinse cycle to soften clothes and eliminate odors.
• Dryer Balls: Use wool dryer balls to reduce drying time and soften fabric naturally. They help separate clothes and improve airflow in the dryer. They can last up to 1,000 cycles.
• Separate by Fabric Type: Wash heavy fabrics (like towels) separately from lighter ones to avoid damage and get even drying.
• Cold Water: Use cold water for most washes to save energy and help colors last longer. Hot water is for heavily soiled clothes.
• Laundry Basket Organization: Use separate baskets for whites, colors, and delicates to make sorting easier.
• Mesh Bags for Delicates: Wash delicate items in mesh laundry bags to protect them from snagging and stretching.
• Remove Lint from the Dryer: Clean the lint trap after every load and use a vacuum to clear out any lint buildup in the dryer vent to maintain efficiency and safety.
• Use Aluminum Foil: Toss a ball of aluminum foil in the dryer to reduce static cling. Smooth the ball to avoid snagged garments.

Kinds of Laundry Washers
Here’s a brief overview of different types of laundry washers and what sets them apart. Each machine type offers unique benefits tailored to different needs and spaces.

• Top-Loading Washers: Clothes are loaded from the top.
Features: Generally faster cycles and easier to load/unload. Some have agitators, while others use impellers for gentler washing.
• Front-Loading Washers: Clothes are loaded from the front.
Features: More energy and water-efficient. They are better at cleaning and gentler on clothes. They often have larger capacities.
• Washer-Dryer Combos: One combined washing and drying unit.
Features: Space-saving option ideal for small homes. It may require more time to dry compared to separate units.
• High-Efficiency (HE) Washers: Both top and front-loading styles.
Features: Use less water and detergent. Designed to handle larger loads while maintaining energy efficiency. Requires different soap.
• Portable Washers: Smaller, often top-loading units designed for limited spaces. Can be connected to a kitchen sink.
Features: Ideal for apartments, travel, temporary living situations or limited periodic use.
• Commercial Washers: Typically front-loading.
Features: Built for heavy-duty use in laundromats or businesses. They are more robust and often larger in capacity.

Kinds of Laundry Dryers
• Vented Dryers expel hot, moist air outside through a vent.
• Condenser Dryers collect moisture in a container. No vent is needed. These have more flexible installation options. Moisture is condensed and stored for disposal.
• Heat Pump Dryers use a heat pump to recycle hot air, making them energy efficient. They require longer drying times but significantly lower energy consumption.
• Stackable Dryers can be stacked above a washer to save space. They are ideal for small living spaces and can be vented or not.
• Washer-Dryer Combos combine washing and drying in a single unit. They save space with slower drying times.
• Commercial Dryers are built for heavy-duty use in laundromats or businesses. They have larger capacity and faster drying cycles. They are designed for continuous operation.
• Drying Rack for Air Drying: Use a drying rack for air drying to save energy and prolong the life of your clothes.

#DFWmark #REALTOR #IOV #InformationOfValue #clothes #laundry #prevention #maintenance #hack #wash

Friday, October 18, 2024

Open House in Arrow Brooke on Saturday!

Open House!
Saturday, 19 October 2024
From 2 p.m. to 4 p.m.
2809 Lakeside Dr., Aubrey
Listed at $510,000
MLS# 20674193

Move-in ready, east-facing 3,145 sq. ft. home in the Arrow Brooke community of Aubrey backs to a greenbelt has 4 bedrooms, 3 full baths, game room, media room, covered porch, and a 3-car garage.

Rare home is near the community pool and stocked fishing ponds. Home has Luxury Vinyl Plank flooring throughout the ground floor common areas and bedrooms. Bathrooms feature designer ceramic tile floors. Front downstairs bedroom is beside a guest bath. Open-concept plan includes living room, breakfast area and kitchen. The chef’s dream kitchen has a gas cooktop and oven, granite island with sink, reverse osmosis filtration system, breakfast bar, and stainless steel appliances. Primary ensuite bedroom has trayed ceiling, dual vanities, garden tub and separate shower. Primary closet has ample storage. Laundry and covered patio complete the ground floor. Upstairs features two bedrooms with walk-in closets, a full bath, a massive game room and extra-sized media room, which is wired for surround sound.

I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
KW North Country
214-862-7212
DFWmark@KW.com
DFWmark.com

#DFWmark #REALTOR #OpenHouse #Aubrey #DentonCounty #ArrowBrooke #DentonISD #gameroom #ThreeCarGarage

Thursday, October 17, 2024

Still Time for the Client Appreciation Party 2023


There’s still time! I want to see you and your family at our Client Appreciation Party. I just need one real estate referral (buy, sell or lease)! We will have the amazing Santa Izzy and Nathan Hunsinger, a former photojournalist at The Dallas Morning News. You’ll get free photos with Santa. I’ll send the digital images to you within a few days of the event to use in your holiday cards.

We will also have frequent drawings for mind-blowing gift baskets supplied by our vendors, plus some other surprises that will make it worth your time and drive.

We will have kids' crafts, treats and a spectacular charcuterie by Stacy B., so please let me help someone you know. I’ll see y’all there!

Tuesday, Nov. 26, 2024
From 4 to 7 p.m.
KWNC office at 1212 S. Preston Rd. in Celina
(two-story building on the eastern hill across from Starbucks, Ace Hardware and a Fire Station)

I've Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212
dfwmark@kw.com
DFWmark.com

#DFWmark #REALTOR #party #KWNC #Santa #ClientAppreciation #referrals #PieParty #ClientAppreciationParty #KellerWilliams

Saturday, October 12, 2024

KWNC Client Appreciation Party Sponsors Needed!


This is KW North Country Realty’s only client-centered event of the year. Your business can directly access our clients and agents in a warm and cheerful environment. You’ll also get professional photos to promote your business. I’d be incredibly honored if your business could sponsor this special annual event for our clients and agents (residential and commercial).

I’d love for us to support each other! If you know another business owner who can also benefit from this access, please share this information with them. If sponsorship isn’t possible, a quality gift basket is a great way to promote your business without attending.

We already reserved the same Santa, pro photojournalist and charcuterie expert as last year. You can see a 1-minute recap video of last year’s event at this link.

I've Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, KWNC Productivity Coach
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com

#DFWmark #REALTOR #Party #Sponsor #ClientParty #vendor #promote #business #Celina #RealEstate

Wednesday, October 9, 2024

2023 Client Appreciation Party Recap

 
Clients, Agents, Sponsors and Santa enjoy the 2023 Client Appreciation Party. There is still time to refer a friend and get invited to this year’s party.

Sponsors are needed for this year’s event, which will be on Tuesday, 26 November. Santa, an award-winning pro photojournalist and a charcuterie expert are already confirmed. Please contact Mark for details!

I've Got Your Six!

Mark M. Hancock
REALTOR, KWNC Productivity Coach
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com

#DFWmark #REALTOR #Party #KW #ClientParty #Santa #agent #business #Celina #RealEstate

Monday, October 7, 2024

Market Statistics - October 2024

Click on the image
to see more details.

To help determine what’s happening locally from month to month in addition to Year-Over-Year (YOY), I’ve included indicator arrows with each number. These are neither good nor bad. It only indicates a higher or lower number than last month.

Most reported areas remain Sellers’ Markets with less than six months of housing inventory. Gunter and Van Alstyne remain Buyers’ Markets while inventory is being depleted. Van Alstyne also has the highest year-over-year (YOY) inventory increase at 106.5% and Gunter has the lowest at -2.8%. Most other markets are below 80% YOY. Dallas and Denton counties had YOY inventory increases while Collin County had a slight decrease. Nonetheless, all are around 50% higher than last year.

McKinney has the most Active homes at 985 while Gunter has the fewest at nine. Gunter had the highest Median List price and Median Sold Price. Frisco has the highest Median Price Per Square Foot (PSF) at $247 PSF. Anna and Van Alstyne have the most affordable Median PSF listings in the reporting area at $190 PSF.

Dallas County’s days on market increased to 27 while Collin and Denton counties have both hit 35. Dallas County has the lowest median price per square foot this month at $205 while Collin and Denton counties are at $211 and $210 PSF. Dallas County has the most Active properties with 7,202. All three reported counties have a median closed percentage of the original listed price greater than 96%. Plano got the highest median percentage of original price at 97.9% while Van Alstyne reported a surprising 89.3%. Plano also has the lowest reported median days on market at 19 days.

The Fed dropped the Federal Funds Rate on 18 Sept. 2024 by a half point. It’s the first time they lowered rates since 16 March 2020. Additionally, the Fed indicated there would be another rate reduction around December if the economy could handle it.

This action affects the interest rates banks charge each other to borrow funds overnight. It has a knock-on effect on credit cards, car loans and mortgage rates. However, they aren’t directly connected.

Instead, bond investors purchase mortgage-backed securities in anticipation of the actual action. This happened in July. They have also already factored in the anticipated December cut. Interest rates are down 1% from last year.

Housing in general is still several million homes short of demand. Affordability is the sticking point. Meanwhile, housing inventory currently exists locally yet is on a cyclical downturn until the end of the year. In short, now is the best time for home Buyers (and investors) to check with their lenders and find homes while there are still options.

I've Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com

#DFWmark #REALTOR #MarketWatch #ResidentialMarket #MarketStatistics #Stats #YOY #CollinCounty #DentonCounty #DallasCounty

Friday, October 4, 2024

Open House in Carter Ranch!


Sunday, 6 October 2024
From 2 p.m. to 4 p.m.
326 Lusitano Ct., Celina 75009
Listed at $600,000 by Monique Goodwin
MLS# 20675435

This 3,402 sq. ft. home in Carter Ranch of Celina has 4 bedrooms, 3 and a half baths, a media room, a game room, formal dining room, covered porch, walk-in attic, water view and a 3-car garage.

This home is located on cul de sac near O’Dell Elementary school, fishing, a playground, the walking trail, and much more. The primary bedroom is on the ground level and has an en suite bathroom with dual sinks, garden tub, separate shower and walk-in closet. Ground floor common areas are wood style or tile. Kitchen features stainless-steel appliances, granite counters, gas cooktop, walk-in pantry, eat-in kitchen and more. You’ll love the built-in dog crate or reading nook under the stairs.

The second level has a walk-in attic, media room, game room with built-in storage, 3 bedrooms and 2 full bathrooms. The 3-car garage has built-in storage shelves. The roomy covered patio features a designer ceiling and fan for outdoor entertaining.

I've Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com

#DFWmark #REALTOR #OpenHouse #CarterRanch #Celina #CelinaISD #CollinCounty #house #home #WaterView

Welcome to the DFWmark Blog!

Welcome to the DFWmark Blog! This is a collection of content by Mark M. Hancock, a REALTOR with Keller Williams North County in Celina...