Friday, June 30, 2023

Open House in Cecile Place on Satuday


Saturday, 1 July 2023
From 2 p.m. to 4 p.m.
5115 Adolphus Dr., Frisco 75035
Listed at $775,000
Listed by Mandy Detrick
MLS# 20361815

This 3,738 sq. ft. home in Frisco has 4 bedrooms, 4 full baths, an office, 3 living areas, 2 dining areas, a game room, bolted storm shelter, a covered patio, covered front porch, covered balcony, rolling gate, and a pool with a spa and waterfall grotto.

This home rests on an oversize lot in an outside corner with mature trees. Entry features vaulted ceilings and a dramatic staircase. The main living space features wood floors, faux wood beams and fireplace. Remodeled kitchen has upgraded granite counters, painted cabinets, stainless appliances, and deep granite sink. Main floor includes a private study with French doors, game room with bolted storm shelter, secondary bedroom, and full bath. Upstairs, the primary bedroom has a sitting area with private deck overlooking the backyard. Primary bath features dual vanities, jetted tub, separate shower, and large walk-in closet. Second floor also has two spacious bedrooms, two full baths plus game room. Near shopping and Lebanon Trail High School in the Frisco ISD.

I’ve Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #Frisco #CecilePlace #FriscoISD #home #house #RealEstate #VeteranOwned

Drop In to my Open House in Cecile Place!

 

Saturday, 1 July 2023
From 2 p.m. to 4 p.m.
5115 Adolphus Dr., Frisco 75035
Listed at $775,000
Listed by Mandy Detrick
MLS# 20361815

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 #pool #house #RealEstate

Market Watch – 30 June 2023

Click on the photos to enlarge.

Since last week, New Listings are flat while there are increases in AOC, Pending and Closed Properties. The Lease Market has high Pending and Closed Properties as we’d expect on the last day of the month, but New Listings are lower than expected.

It has been a while since I showed y’all the numbers that I track each week. Let’s see how we got here.

After hitting a pause on rate increases two weeks ago, The Fed announced that it plans to increase rates soon and possibly several times because inflation is still higher than preferred. The Fed is also concerned about the Federal Deficit. The Federal Deficit is currently at $1.38T compared to the high point of $3.13T during the 2020 Pandemic (a $1.75T reduction over two years).

The result is higher interest rates to borrow money. This shows up in both the residential housing market and residential lease markets. Both had decreases in every category while June historically sees the highest number of closings.


When we look at the Market Watch Trends, we move through time from the beginning of the pandemic in 2020 (left) to the current market as of this morning (right). The most stunning observation should be that more houses were on the market and selling while we were in lockdown and wearing masks than we currently have. The appreciation on those houses was more than the interest rate. It was pure profit. The demand for houses supercharged appreciation and drove sales prices higher. People – especially corporate investors - were willing to risk their health for those historically-low interest rates. Please let that sink in.

With a few exceptions, we’ve seen more houses entering the market rather than leaving since May 2021 when the interest rates grew beyond investor appetite. This translates to housing inventory and options for individual buyers. However, the cost of borrowing has kept some buyers on the sidelines until earlier this year when there was a surge of pent-up demand – caused mostly by significant increases in the lease prices.


Meanwhile, the Lease Housing Market has run counter to the residential housing market. Volume has steadily increased in both New Listings and Closed (leased) properties. During this tracking period, lease listings first went over 1,000 in North Texas on 10 June 2022. During the same time, the first week with more than 1,000 Closings was 6 August 2021 – the next was 6 May 2022. In contrast, lease listings and closings have both been over a thousand each week since April 2023.

DFW is different than the overall U.S. housing market. More people move here each day. DFW doesn’t have negative prices like elsewhere. There are overpriced houses sitting on the market, but they haven’t lost value. They entered the market too high, and the market awaits their correction to the ideal price.

A balanced housing market has six months of housing inventory. DFW won’t be balanced by definition in the near future. It’s currently a “Sellers’ Market,” which means Sellers have some advantages over Buyers when negotiating prices and terms. However, a house sells for what a Seller takes, and a Buyer pays at the closing table.

I’ve Got Your Six!

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

#DFWmark #REALTOR #MarketWatch #trends #stats #investors #home #house #RealEstate #VeteranOwned

Thursday, June 29, 2023

Open House in Stonebridge Ranch on Sunday!


Open House!
Sunday, 2 July 2023
From 1 p.m. to 3 p.m.
8500 Spectrum Dr., McKinney
Listed at $675,000
Listed by Mandy Detrick
MLS# 20324285

This 3,004 sq. ft. home in McKinney has 5 bedrooms, 3 and a half baths, a loft/flex room, amazing screened patio with cooking space on more than a quarter-acre of land with mature trees.

This updated Stonebridge Ranch home is ideal for entertainment. The main level has a renovated kitchen with quartz counters and painted cabinets, a breakfast area, living room with generous windows overlooking the screened patio, as well as a formal dining room, and a primary suite with a remodeled bath. The ground level also has two additional bedrooms or flex spaces, a full bath and a half bath. The 2nd level opens to a large game room with an additional study area or library, 2 bedrooms, and a shared bath. An oversized screened-in patio with abundant space for outdoor cooking and entertaining is outside. The pool-sized yard is a blank canvas for your oasis in the heart of the McKinney ISD. Oversized garage can hold a truck, golf cart plus room for storage.

I’ve Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #McKinney #StonebridgeRanch #McKinneyISD #home #house #RealEstate #VeteranOwned

Saturday, June 24, 2023

Drop In to my Open House in Carter Ranch


Please visit my Open house from 1-3 p.m. on Sunday, 25 June 2023 at 406 Connemara Trail in Celina.
This single-level 1,800 sq. ft. home in Celina and within the Celina ISD has 3 bedrooms, 2 full baths, formal dining, breakfast room, covered patio, a storage shed and a private pool!

This home nestled in a cul-de-sac on a nearly quarter-acre lot in Carter Ranch features a refreshing pool, recently painted kitchen cabinets, updated floors with no carpet and a huge yard. Welcome home to a warm atmosphere with an abundance of natural light and a thoughtful layout designed to create a seamless flow between the bedrooms and living spaces. The backyard provides an oversized, covered patio and space for outdoor activities, gardening, or creating your own personal retreat oasis. Carter Ranch amenities include parks and recreational areas. There is easy access to shopping, restaurants, entertainment and major highways.
Listed at $499,900 by Ruth Ann Robbins
MLS# 20243906

I’ve Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #Celina #CarterRanch #CelinaISD #home #house #RealEstate #VeteranOwned

Thursday, June 22, 2023

Open House in Carter Ranch on Sunday

Open House
Sunday, 25 June 2023
From 1 p.m. to 3 p.m.
406 Connemara Trail, Celina
Listed at $499,900
Listed by Ruth Ann Robbins
MLS# 20243906

NEW TO MARKET
This single-level 1,800 sq. ft. home in Celina and within the Celina ISD has 3 bedrooms, 2 full baths, formal dining, breakfast room, covered patio, a storage shed and a private pool!

This home nestled in a cul-de-sac on a nearly quarter-acre lot in Carter Ranch features a refreshing pool, recently painted kitchen cabinets, updated floors with no carpet and a huge yard. Welcome home to a warm atmosphere with an abundance of natural light and a thoughtful layout designed to create a seamless flow between the bedrooms and living spaces. The backyard provides an oversized, covered patio and space for outdoor activities, gardening, or creating your own personal retreat oasis. Carter Ranch amenities include parks and recreational areas. There is easy access to shopping, restaurants, entertainment and major highways.

I’ve Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #Celina #CarterRanch #CelinaISD #home #house #RealEstate #VeteranOwned

Open House in Union Park on Saturday


Open House!
Saturday, 24 June 2023
From 2 p.m. to 4 p.m.
1136 Knoll St., Little Elm 76227
Listed at $599,900
Listed by Wayne Myers
MLS# 20352572

This 2,789 sq. ft. home in Little Elm has 4 bedrooms, 3 full baths, a game room, dining room, study, breakfast nook and covered patio.

This north-facing Highland Home was completed in 2019 and highly upgraded. It has soaring ceilings, open floor plan with designer colors and light fixtures. All downstairs common areas are ceramic tile. The island kitchen features a 5-burner gas cooktop, quartz countertops, built-in pot filler, buffet, wine racks and upgraded island faucet. A luxuriously appointed master suite includes a large shower, garden tub, quartz counters and large closet. The downstairs includes a second bedroom, full bath, study and laundry room. A large game room with built-in window seat is upstairs along with two additional bedrooms and a bathroom. Upgrades also include 8’ solid core doors, interior wall noise-control insulation and much more. The home is two blocks from the pool and three blocks from the elementary school.

I’ve Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #LittleElm #Union Park #DentonISD #home #house #RealEstate #VeteranOwned

Sunday, June 18, 2023

Fly By - Lake Ray Hubbard Condos

Want to OWN an affordable condo by the lake in Dallas County for less than you’re probably paying for rent?

I toured several condominiums near the Bass Pro Shop and marina on Lake Ray Hubbard this weekend. They are only 20 minutes from Downtown Dallas with a straight drive down I-30. Let me know if you’re interested in watching the sunrise reflect on the lake, starting your day with a kayak paddle or passive income from an investment property.

I’ve Got Your Six!

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

#DFWmark #REALTOR #LakeRayHubbard #condo #condominium #lake #LakeLife #Garland #DallasCounty

Wednesday, June 14, 2023

Stars & Stripes

The U.S. Army was created by the Continental Congress as the Continental Army on 14 June 1775 to fight a war for independence against the British king and Parliament. The Second Continental Congress passed a resolution on 14 June 1777 that unified all colonial fighting forces under a single flag. 

The flag designers stated the “flag of the United States be 13 stripes, alternate red and white,” and that “the union be 13 stars, white in a blue field, representing a new constellation.” In 1916, June 14th was officially designated as Flag Day.

The Flag Design

The flag is a representation of the United States of America. The currant flag of the USA is the 27th official version. It has 13 stripes to represent the original 13 colonies. The stripes alternate between red and white to start and end with red.

The canton or “Union” section at the top left of the flag currently has 50 stars to represent each of the 50 states. The last state to join the union was Hawaii on 4 July 1960. The current version of the flag is the longest serving version. 

The flag is often cotton or nylon material. The flag colors have specific meanings. Red represents valor, strength and hardiness. White represents purity of spirit and innocence. Blue represents loyalty, perseverance, vigilance and justice. 

The flag has several names including “The Stars and Stripes,” “The Star-Spangled Banner” and “Old Glory.”

The military authorized three primary sizes of flags. They are Storm, Post and Garrison. The height of a flag is the “hoist” and the width is the “fly.” 

Flags fly on a staff on land or mast on ships and at naval stations ashore. When the nation or a state is in mourning, flags are raised to full staff and lowered to “half-staff.”



When you see me, ask for a Flag Holidays card. I always have plenty of laminated copies with me or nearby.

Flag Day is observed nationally, but only an off day in Pennsylvania.

There are 20 annual flag holidays. The most recent flag holiday is Juneteenth, which became a federal holiday in 2021 and commemorates the emancipation of enslaved people in the USA.


United States Flag Code

The U.S. Flag Code establishes the rules for display and care of the flag. The following is an abbreviated version.

The flag should never be dipped to any person or thing, unless it is the ensign responding to a foreign ship salute.

The flag, when it is in such condition that it is no longer a fitting emblem for display, should be destroyed in a dignified way, preferably by burning.

The flag should never be displayed upside down, except to signal extreme danger to life or property.

The flag should never touch anything beneath it.

The flag should never be carried flat or horizontally, but always aloft and free. (Flags on the moon are excepted.)

The flag should never be used as wearing apparel, bedding or drapery. It should never be festooned, drawn back, nor up, in folds but always allowed to fall free.

The flag should never be fastened, displayed, used, or stored in such a manner as to permit it to be easily torn, soiled, or damaged in any way.

The flag should never have placed upon it, nor on any part of it, nor attached to it any mark, insignia, letter, word, figure, design, picture, or drawing of any nature.

The flag should never be used as a receptacle for receiving, holding, carrying, or delivering anything.

The flag should never be used for advertising purposes in any manner whatsoever.

When displayed vertically against a wall, the union should be to the observer’s left.

The Ross Flag and Origin

The original flag was influenced by Congressman Francis Hopkinson. Originally, the stars were to be six-pointed. It was said to have been modified by Betsy Ross, a professional upholsterer. The “Ross Flag” has a circle of five-pointed stars and is one-third longer than wide rather than the original square design.


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

I’ve Got Your Six!

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

#DFWmark #REALTOR #InformationOfValue #IOV #FlagDay #StarsAndStripes #OldGlory #FlagHolidays #holidays #USA

Thursday, June 8, 2023

Open House in Wiffletree of Plano on Sunday


Open House!
Sunday, 11 June 2023
From 1 p.m. to 3 p.m.
3321 Snidow Ct., Plano 75025
Listed at $949,000
Listed by Jessica Self
MLS# 20339593

This 4,208 sq. ft. home in the Whiffletree community of Plano has 4 bedrooms, 4 and a half baths, office, formal dining, living and den, breakfast room with fireplace, wet bar, laundry, pool and 3-car garage.

This Tudor home rests on a corner lot with mature trees in the Plano ISD. The courtyard features a swimming pool with spa and direct access to a half bath. The kitchen features a Fisher Paykel dual fuel range, quartz countertops, coffee bar and solid maple hardwood floors. The primary ensuite bathroom features a vaulted ceiling, Carrera heated marble floors with thermostat, dual closets, floating vanities, teak flooring in walk-in wet area with tub and showers. Upstairs features more solid oak hardwood floors and direct access to balcony from two of three bedrooms. The exterior is freshly painted with stained cedar wood accents replaced in 2022. An 8-by-12 shed provides extra storage. Class 4 impact-resistant roof and decking were installed in 2023. Attic insulation and ductwork was recently replaced.

I’ve Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #Plano #Wiffletree #PlanoISD #home #house #RealEstate #VeteranOwned

Saturday, June 3, 2023

Market Statistics - June 2023



Prices range from a per-square-foot median price of $186 in Anna to $250 in Frisco. Prosper has the highest median listing and sold prices in these communities. Melissa had the highest year-over-year monthly supply increase while Gunter was nearly stagnant.

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 #YOY #CollinCounty #GraysonCounty

Drop In to my Open House in Carter Ranch!

Sunday, 4 June 2023
From 1 p.m. to 3 p.m.
504 Winchester Dr., Celina
Listed at $565,000
Listed by Jason Aune
MLS# 20272874

This 2,928 sq. ft. home in the Carter Ranch neighborhood has 5 bedrooms, 3 full baths, a game room, formal dining room, covered front porch and outdoor living room with extended patio.

The brick-and-stone home is located in the Celina ISD and has wood and ceramic tile floors in the downstairs common areas, upgraded fixtures and vaulted ceilings. The kitchen has granite countertops, stainless-steel appliances, walk-in pantry and loads of space. The open-concept kitchen overlooks the breakfast room and living room with fireplace. The primary bedroom has dual sinks, soaking tub, stand-alone shower and walk-in closet. A full secondary bed and bath are also on the ground floor. A wood and wrought iron staircase leads upstairs to a game room and three secondary bedrooms plus a full bath. The 5th bedroom is oversized and can be a flex, media or workout room. The extended back patio includes a covered outdoor living room, motorized shade, grilling area and plenty of yard space to play or add a Texas-sized pool.

I’ve Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #Celina #CarterRanch #CelinaISD #drone #video #RealEstate #VeteranOwned

Thursday, June 1, 2023

Open House in Carter Ranch on Sunday


Open House!
Sunday, 4 June 2023
From 1 p.m. to 3 p.m.
504 Winchester Dr., Celina
Listed at $565,500
Listed by Jason Aune
MLS# 20272874

This 2,928 sq. ft. home in the Carter Ranch neighborhood has 5 bedrooms, 3 full baths, a game room, formal dining room, covered front porch and outdoor living room with extended patio.

The brick-and-stone home is located in the Celina ISD and has wood and ceramic tile floors in the downstairs common areas, upgraded fixtures and vaulted ceilings. The kitchen has granite countertops, stainless-steel appliances, walk-in pantry and loads of space. The open-concept kitchen overlooks the breakfast room and living room with fireplace. The primary bedroom has dual sinks, soaking tub, stand-alone shower and walk-in closet. A full secondary bed and bath are also on the ground floor. A wood and wrought iron staircase leads upstairs to a game room and three secondary bedrooms plus a full bath. The 5th bedroom is oversized and can be a flex, media or workout room. The extended back patio includes a covered outdoor living room, motorized shade, grilling area and plenty of yard space to play or add a Texas-sized pool.

I’ve Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #Celina #CarterRanch #CelinaISD #home #house #RealEstate #VeteranOwned

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...