Friday, March 31, 2023

Market Statistics - 30 March 2023


Traditionally, the week of April 15 is the best time to list a house. Meanwhile, most houses are sold in June. There's a built-in anticipation of waiting several weeks to sell. 

If the house is priced at or slightly below comparable sold houses, it's likely to sell quickly AND for more than the listed price. Offers over asking price often result from aggressive marketing to create a Fear Of Missing Out (FOMO).

Because educated buyers know what they want, they are likely to send acceptable offers on Day Zero (the first day on market). They may have already lost a few times and are prepared to offer an appropriate price.



1) Frisco, Plano, McKinney (above)
2) Prosper, Celina, Gunter (left)
3) Anna, Melissa, Van Alstyne (below)

Unless there's another "black swan event," mortgage interest rates are expected to rise until inflation is somewhat under control.

Sellers with larger houses and plenty of equity should "right size" now. The timing allows them to take advantage of increased house inventory (selections) on the market while interest rates remain reasonable enough for well-qualified first-time buyers to purchase preowned houses.

Anecdotally, agents representing well-priced houses in good locations have reported multiple offers recently (dozens of legitimate offers within days).

If a house is “show ready,” I have the skills and licenses to market the house within 24 hours – including drone photos and video. Otherwise, I have vendor connections to help get the house ready and for sale quickly.

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


#DFWmark #REALTOR #MarketWatch #RightSize #MarketStatistics #Stats #HousingInventory #YOY #CollinCounty #GraysonCounty

Thursday, March 30, 2023

Celina ISD Schools and Ratings

Updated 24 Jan 2023 from TEA

Celina ISD schools are listed alphabetically. Please verify the school feeder pattern by physical home location and school district boundaries. Ratings are from noted sources. District overall TEA rating is 93 of 100 or A.

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


Call, text or email DFWmark when you're ready to move. My real estate consulting services are provided at no cost to buyers and tenants. See memorable Celina photos by Mark.

A B C D E F G H I J K L M
N O P Q R S T U V W X Y Z

A Back to Top
B Back to Top

C
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Celina High School
3455 N Preston Rd, Celina, TX 75009
940-369-1300
www.celinaisd.com/o/chs
Grades: 9 - 12
Celina HS
Division 1, Region 2, District 7-4A

Celina Primary
507 E Malone, Celina, TX 75009
(469) 742-9104
www.celinaisd.com/o/cps
Grades: Pre K - Kindergarten
Celina Primary > O'Dell Elem > Moore Middle School > Celina HS

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L
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Marcy B. Lykins Elementary
550 S Utah, Celina, TX 75009
(469) 742-9104
www.celinaisd.com/o/les
Grades: 1 - 5
Lykins Elem > Moore Middle School > Celina HS

M Back to Top

Jerry & Linda Moore Middle School
300 E Ga Moore Pkwy, Celina, TX 75009
(469) 742-9101
www.celinaisd.com/o/mms
Grades: 1 - 5
Moore Middle School > Celina HS

O Back to Top

O'Dell Elementary
750 Punk Carter Pkwy., Celina, TX 75009
(469) 742-9106
www.celinaisd.com/o/oes
Grades: 1 - 5
O'Dell Elem > Moore Middle School > Celina HS

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Z Back to Top

Sources:
Celina ISD Attendance Zone Maps
TEA Accountability Rating (Texas Education Agency)
UIL alignments (University Interscholastic League)



Sunday, March 26, 2023

Market Stats MAV


Come visit my open house today in Melissa. Below is what has happened in the local market. Inventory is depleting as we go into the "buying season." If you're on the fence, buy now.

I've Got Your Six!

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


#DFWmark #REALTOR #MarketWatch #ResidentialMarket #MarketStatistics #Stats #HousingInventory #YOY #CollinCounty #Melissa

Saturday, March 25, 2023

Winchester Crossing Community Pool


Winchester Crossing has a fun community activity center with a pool near the DR Horton model home in Princeton. We toured new construction homes with my clients in Princeton, Lavon and Wylie today. We saw other examples built by Astoria, Bloomfield, Centex and Meritage.

I’ve Got Your Six!

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



#DFWmark #REALTOR #HomeTour #Princeton #DRHorton #CollinCounty #photo #home #house #RealEstate

Thursday, March 23, 2023

Drop In to my Open House in Melissa on Sunday

 
Drop In to my open house in Melissa on Sunday, 26 March 2023 from 1 p.m. to 3 p.m at 3012 Pinecrest Road in Melissa. We’ll have cookies, treats, toys, dog treats and great information.

Open House
Sunday, 26 March 2023
From 1 p.m. to 3 p.m.
3012 Pinecrest Dr. in Melissa
Listed at $365,000
Listed by Angela Shipley
MLS# 20281896

NEW TO MARKET
This Northward-facing 1,866 sq. ft. home in Melissa has 3 bedrooms, 2 baths, an office, a covered patio, covered front porch and coy pond with a stone waterfall.

This Stonehollow Home in the Melissa ISD has a spacious, open floor plan to relax or entertain. The rock fireplace in living room has a raised hearth. An office is conveniently positioned by the front entry to work from home. Wood or tile floors cover all common areas. The kitchen has granite counters, a huge island with a sink and seating for 2 to 4, stainless steel appliances, electric cooktop plumbed for gas, and an abundance of cabinet and counter space. The Primary ensuite bedroom has a seating area while the bath has a jetted garden tub, separate shower, dual sinks and large walk-in closet. One of the other bedrooms has built-in bookshelves. The backyard features a covered patio with a ceiling fan and a gas stub for a grill or fire pit near a relaxing coy pond.

I’ve Got Your Six!

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

#DFWmark #drone #OpenHouse #DropIn #Melissa #MelissaISD #video #home #house #RealEstate

Tuesday, March 21, 2023

Open House in Melissa on Sunday



Open House
Sunday, 26 March 2023
From 1 p.m. to 3 p.m.
3012 Pinecrest Dr. in Melissa
Listed at $365,000
Listed by Angela Shipley
MLS# 20281896

NEW TO MARKET
This Northward-facing 1,866 sq. ft. home in Melissa has 3 bedrooms, 2 baths, an office, a covered patio, covered front porch and coy pond with a stone waterfall.

This Stonehollow Home in the Melissa ISD has a spacious, open floor plan to relax or entertain. The rock fireplace in living room has a raised hearth. An office is conveniently positioned by the front entry to work from home. Wood or tile floors cover all common areas. The kitchen has granite counters, a huge island with a sink and seating for 2 to 4, stainless steel appliances, electric cooktop plumbed for gas, and an abundance of cabinet and counter space. The Primary ensuite bedroom has a seating area while the bath has a jetted garden tub, separate shower, dual sinks and large walk-in closet. One of the other bedrooms has built-in bookshelves. The backyard features a covered patio with a ceiling fan and a gas stub for a grill or fire pit near a relaxing coy pond.

I’ve Got Your Six!

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


#DFWmark #OpenHouse #Melissa #MelissaISD #CollinCounty #NorthFacing #house #home #TrailsOfMelissa #office

Saturday, March 18, 2023

Drop In to my West Frisco Open House

 
 Drop In to my open house in Stewart Creek Estates on Sunday, 19 March 2023 from 1 p.m. to 3 p.m. I’ll be at 3707 Navarro Way in Frisco. We’ll have cookies, treats, toys, dog treats and great information.

Open House
Sunday, 19 March 2023
From 1 p.m. to 3 p.m.
3707 Navarro Way, Frisco 75034
Offered at $530,000
Listed by Ingrid Sullivan
MLS# 20257418

This northward-facing 2,542 sq. ft. custom home in Frisco has 4 bedrooms on the first level, 2 and a half baths, formal dining, breakfast room, game room, bonus room, and custom patio.

Come see this original-owner patio home in Stewart Creek Estates within the Frisco ISD before it’s gone! The living area has a fireplace and soaring ceilings with several solar tubes for extra light.

The kitchen has a walk-in pantry, stainless-steel appliances, a built-in planning station, granite countertops and is plumbed for gas. A private covered patio with a ceiling fan is outside the living area. The large primary bedroom suite has a unique bath showcasing a vanity and roomy walk-in shower. This home comes equipped with a water softener. The primary bath has two huge closets and connects to a bonus room that is perfect as an office, workout room, small bedroom or nursery.

The huge game room is upstairs. The second level is complete with a half-bath and great for entertainment. It overlooks the main level below.

I’ve Got Your Six!

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

#DFWmark #drone #OpenHouse #DropIn #Frisco #FriscoISD #video #home #house #RealEstate

Friday, March 17, 2023

Open House in West Frisco on Sunday


Sunday, 19 March 2023
From 1 p.m. to 3 p.m.
3707 Navarro Way, Frisco 75034
Offered at $530,000

This northward-facing 2,542 sq. ft. custom home in Frisco has 4 bedrooms on the first level, 2 and a half baths, formal dining, breakfast room, game room, bonus room, and custom patio.

Come see this original-owner patio home in Stewart Creek Estates within the Frisco ISD before it’s gone! The living area has a fireplace and soaring ceilings with several solar tubes for extra light.

The kitchen has a walk-in pantry, stainless-steel appliances, a built-in planning station, granite countertops and is plumbed for gas. A private covered patio with a ceiling fan is outside the living area. The large primary bedroom suite has a unique bath showcasing a vanity and roomy walk-in shower. This home comes equipped with a water softener. The primary bath has two huge closets and connects to a bonus room that is perfect as an office, workout room, small bedroom or nursery.

The huge game room is upstairs. The second level is complete with a half-bath and great for entertainment. It overlooks the main level below.

I’ve Got Your Six!

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


#DFWmark #OpenHouse #Frisco #FriscoISD #DentonCounty #NorthFacing #house #home #PatioHome #BonusRoom

Thursday, March 16, 2023

Understand Insurance

Do you understand when and how much insurance you need?

The purpose of insurance is to reduce financial uncertainty of loss by exchanging smaller payments, called “premiums,” for the financial assumption of the larger risk. The risk is covered by a pool of funds created by many contributors.

In the USA, nobody is required to have insurance. That said, most residents have some form of insurance to protect assets, mitigate losses or fulfill obligatory requirements of agreements. It acts as a safety net. Let’s understand some common types of insurance in Texas and beyond.

Insurance prices vary depending on the amount the policy purchaser is willing to pay as a deductible – an upfront out-of-pocket expense to access the policy funds. A policy costs less per month with a higher deductible and vice versa.

Many privileges necessitate insurance as a condition. A privilege is not a “right,” a legal entitlement. Privileges are special rights granted to a specific person. It can be limited or completely withdrawn when conditions aren’t met. Some privileges include mortgage loans, property leases or operating a motor vehicle on a public road.

Types of Insurance
Health insurance is often the first protection encountered for anyone born in a hospital. It mitigates expenses related to healthcare. It’s a prudent investment against catastrophic events or severe health emergencies.

Hospital stays can cost multiple thousands of dollars. Without insurance, the patient is required to repay this full amount and can have life changing consequences.

Automobile insurance – specifically auto liability insurance is required to operate a motor vehicle on public roads in Texas. There is a loophole for wealthy people because Texas law specifically states, “State law requires people who drive in Texas to pay for accidents they cause.”

According to the Texas Department of Insurance (TDI), “In Texas, you must have at least $30,000 in liability coverage for each injured person, up to a total of $60,000 per accident, and $25,000 for property damage per accident. This basic coverage is called 30/60/25.”

Instead of holding reserves specifically for this purpose, most Texans get auto liability insurance to pay for repairs and replacement of the other person’s property as well as medical expenses.

Comprehensive auto insurance affords these same protections to the vehicle that caused damage, no-fault collisions or hit-and-run incidents. The owner can get repairs and medical treatments.

Renters are often compelled to get insurance in exchange for the ability to live on a specific property. The policy covered personal property (including theft), loss of use and personal liability (injury claims and legal costs) of the tenant. Landlords have different additional policies.

Home insurance “pays to repair or replace your house and personal property if they’re damaged or destroyed by an event covered by your policy,” according to TDI. Have an insurance agent pull a CLUE report during the Option Period to ensure home buyers get what’s expected.

Title insurance protects real property owners against challenges to ownership of real estate. It’s vital for most transactions in Texas. We’ll cover this in more detail soon.

Flood insurance is a separate policy. It’s an addition to home insurance. It covers the structure up to $250,000 resulting from a flood. Personal belongings will need to be on yet another policy up to $100,000. Flood insurance is required by lenders in areas that have a 1% annual chance of flooding. It may be required by the government to occupy structures in a designated flood zone.

Other vehicle insurance can be applied to boats, motorcycles, RVs, etc. If it moves, it can and probably should be insured for liability and/or theft. Business insurance mitigates risks. If there’s a risk of loss, there’s probably an insurance for it. Policies can cover anything from paper cuts to nuclear disasters. Talk with an insurance agent to tailor a policy to the business’ needs.

General liability insurance loosely covers “everything else.” It covers legal expenses, damages and settlements. It’s most often seen in business policies, but individuals can also purchase this protection.

Life insurance is often the most important insurance because it allows policy owners to still care for their families - especially after they can’t be there.

Special thanks to John Powell of The Powell Agency for his help with this Information Of Value. His team is available at 469-850-0860, john@tpantx.com or at thepowellagencyntx.com.

Please view or download the whole Information Of Value booklet or my other books for free at this link.

I’ve Got Your Six!

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

#DFWmark #REALTOR #InformationOfValue #IOV #insurance #SafetyNet #homeowner #renter #auto #business

Monday, March 13, 2023

Under Contract in Aubrey!


Congratulations to my amazing new construction buyer clients! They are under contract for a beautiful-3,655 Sq. Ft. Pulte home with 4 bedrooms, 3 and a half baths, formal dining, flex room, Café, pocket office, media room, game room and covered patio on an end lot of a cul de sac in the Winn Ridge community of Aubrey.

I've Got Your Six!

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


#DFWmark #REALTOR #UnderContract #NewConstruction #Aubrey #DentonCounty #WinnRidge #Pulte #NewBuild #LawsonPlan

Sunday, March 12, 2023

Market Watch - 10 March 2023


Since last week New Listings, AOC and Pending Properties have increased while Closed Properties decreased. The lease market had increases in New Listings and Pending Properties while Closed Properties decreased.

Silicon Valley Bank (SVB) collapsed on Friday, 10 March 2023. The collapse is a significant problem for digital currencies and high-tech startup companies. To them, this has been compared to the 2008 collapse of the mortgage industry.


We don’t know what knock-on effects this will create outside of these two categories of bank customers. However, it could have a positive influence on mortgage rates for a minute or two.

I've Got Your Six!

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


#DFWmark #REALTOR #MarketWatch #ResidentialMarket #LeaseMarket #RealEstate #Sold #BankCollapse #Pending #Leased

Wednesday, March 8, 2023

Under Contract in Whitewright!



Congratulations to my amazing land buyer clients! They are under contract for this spectacular 10-acre property with no restrictions in Whitewright.

I've Got Your Six!

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


#DFWmark #REALTOR #land #Whitewright #GraysonCounty #NoDeedRestriction #country #forest #DreamBig

Tuesday, March 7, 2023

Market Statistics - 7 March 2023



As we saw last week, the spring housing market has heated up significantly. However, it has cooled since this same time last year. Here’s a breakdown by city for the three main groupings near Frisco in Collin / Grayson counties:


1) Frisco, Plano, McKinney
2) Prosper, Celina, Gunter
3) Anna, Melissa, Van Alstyne


I've Got Your Six!

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

#DFWmark #REALTOR #MarketWatch #ResidentialMarket #MarketStatistics #Stats #HousingInventory #YOY #CollinCounty #GraysonCounty

Friday, March 3, 2023

Market Watch - 3 March 2023


Since last week all categories have increased. Similarly, the lease market had increases in New Listings and Closed Properties while Pending Properties were essentially flat.

This could indicate the beginning of a normal spring shopping cycle. However, both markets inverted and closed more than they listed. This is combined with anecdotal information that multiple offers have returned to the residential market while “interest lists” are creeping back into new construction.


Expect shortages and increased cost for labor and supplies related to construction and home repairs. Additionally, the Fed is prepared to risk a recession to tamp down inflation according to Bankrate. This position could mean higher costs to borrow money (i.e. mortgage loans).

In short, folks who aren’t where they want to be should make the move soon. Call, text or email me if you’re ready to buy now. I also know of innovative ways to buy now and sell your house afterward for its maximum price, in a short time with the least inconvenience.

I've Got Your Six!

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

#DFWmark #REALTOR #MarketWatch #ResidentialMarket #LeaseMarket #RealEstate #Sold #NewListings #Pending #Leased

Thursday, March 2, 2023

Drop In to my open house in Arrow Brooke

 
 Drop In to my open house in Arrow Brooke on Saturday, 4 March 2023 from 2 p.m. to 4 p.m. I’ll be at 1304 Rosebush Rd. in Aubrey. We’ll have cookies, treats, toys, dog treats and great information.

Open House in Arrow Brooke on Saturday
Saturday, 4 March 2023
From 2 p.m. to 4 p.m.
1304 Rosebush Rd., Aubrey
Listed at $424,899
Listed by Tabatha Polley
MLS# 20211194

This 1,868 sq. ft. home in Arrow Brooke has 3 bedrooms, 2 full baths, chef’s kitchen, study with French doors and a covered porch.

This northeast-facing one-story home in Aubrey features ceramic tile in the common areas and a stainless-steel gas range. This delightful home was built in 2019 by Bloomfield Homes and is loaded with extras.

The study is located at the front of the house to conveniently work from home. High ceilings, sleek design and abundance of windows fill the space with natural light. The open-concept kitchen features stone counters, tile backsplash, built-in microwave, contemporary cabinets, plus an island with sink and dishwasher. Ensuite primary bath features double vanity, garden tub, separate shower and a roomy walk-in closet.

The house is yards away from Arrow Brooke community features such as a resort-style pool, scenic trails, outdoor fitness park, playground. It’s not far from the community lakes with fishing docks. It is ready for your quick move!

I’ve Got Your Six!

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

#DFWmark #drone #OpenHouse #DropIn #ArrowBrooke #Aubrey #video #home #house #RealEstate

Wednesday, March 1, 2023

Open House in Arrow Brooke on Saturday



Saturday, 4 March 2023
From 2 p.m. to 4 p.m.
1304 Rosebush Rd., Aubrey
Listed at $424,899
Listed by Tabatha Polley
MLS# 20211194

This 1,868 sq. ft. home in Arrow Brooke has 3 bedrooms, 2 full baths, chef’s kitchen, study with French doors and a covered porch.

This northeast-facing one-story home in Aubrey features ceramic tile in the common areas and a stainless-steel gas range. This delightful home was built in 2019 by Bloomfield Homes and is loaded with extras.

The study is located at the front of the house to conveniently work from home. High ceilings, sleek design and abundance of windows fill the space with natural light. The open-concept kitchen features stone counters, tile backsplash, built-in microwave, contemporary cabinets, plus an island with sink and dishwasher. Ensuite primary bath features double vanity, garden tub, separate shower and a roomy walk-in closet.

The house is yards away from Arrow Brooke community features such as a resort-style pool, scenic trails, outdoor fitness park, playground. It’s not far from the community lakes with fishing docks. It is ready for your quick move!

I’ve Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #ArrowBrook #Aubrey #home #house #DentonCounty #RealEstate #BloomfieldHomes #DentonISD

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...