NAR Economic Instant Reaction

If you’re on the fence, get a house while there is selection. If the rate drops below 6%, expect all the pent-up demand to rush forward and drive up prices.

If you’re a Veteran, you MUST act now. There are some representation changes coming that will leave you at the mercy of the Sellers until the government makes some major VA rule changes. We all know how rapidly the VA adapts, so it’s best to buy a house now rather than in July or later. Eligible Vets can get a $0 down loan. You will need about 2.5% closing costs. Talk to me about options to reduce that amount too.

I've Got Your Six!

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

#DFWmark #REALTOR #TimeToBuy #buyer #Veteran #economy #VAbenefits #MortgageRates # house #home

It's Prime Time to Sell a house!

DID YOU KNOW…
The Spring house shopping season started with a bang. Homesellers have just a few weeks to put their homes on the market during the best week to sell. Historically, listings posted the week of April 14 have seen the strongest buyer demand, the highest listing prices, and fewest days on the market, according to Realtor.com.

If a house is in show-ready condition, I have the skills and strategies to have it on the market within 24 hours. Otherwise, I can help determine what needs to be affordably done to get top dollar for your house without a major overhaul. Please call, text or email to set an appointment to see how I can get you the most money in the shortest 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 #TimeToSell #seller #house #market #MarketTiming #PrimeTime #ListMyHouse #home

Drop-In to my Open House in Craig Ranch North

 

Sat & Sun, March 23-24 @ 2 - 4 p.m.
4609 Temecula Creek Tr., McKinney
Listed at $575,000 by Coy Baker
MLS# 20551078

This 3,339 sq. ft. home in Craig Ranch North has four bedrooms, three and a half baths, an office, a media room, a game room, a dining room and covered outdoor living. Perfectly located in the highly desirable Frisco ISD and Emerson High attendance zone.

Welcome to this expansive corner lot home with lush grass located one block from the community pool and playground. Ceramic tile leads from the foyer to the past the formal dining room, private office and graceful staircase into the family room with a fireplace. The nearby kitchen features a gas cooktop, double oven, island, walk-in pantry, breakfast room and ample counter space. The primary suite features a trayed ceiling, a jetted garden tub, a separate shower, separate vanities with upgraded fixtures and a walk-in closet. The media and utility rooms plus a powder room finish out downstairs. Upstairs has a huge game room, two baths and three bedrooms.

I've Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #FriscoISD #McKinney #CollinCounty #CraigRanch #drone #video #DropIn

Open Houses in Craig Ranch North Sat & Sun

Open House!
Sat & Sun, March 23-24 @ 2 - 4 p.m.
4609 Temecula Creek Tr., McKinney
Listed at $575,000
Listed by Coy Baker
MLS# 20551078

This 3,339 sq. ft. home in Craig Ranch North has four bedrooms, three and a half baths, an office, a media room, a game room, a dining room and covered outdoor living. Perfectly located in the highly desirable Frisco ISD and Emerson High attendance zone.

Welcome to this expansive corner lot home with lush grass located one block from the community pool and playground. Ceramic tile leads from the foyer to the past the formal dining room, private office and graceful staircase into the family room with a fireplace. The nearby kitchen features a gas cooktop, double oven, island, walk-in pantry, breakfast room and ample counter space. The primary suite features a trayed ceiling, a jetted garden tub, a separate shower, separate vanities with upgraded fixtures and a walk-in closet. The media and utility rooms plus a powder room finish out downstairs. Upstairs has a huge game room, two baths and three bedrooms.

I've Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #FriscoISD #McKinney #CollinCounty #CraigRanch #home #house #RealEstate

Total Solar Eclipse 2024

Where will you be during the Total Solar Eclipse of 2024?

Safely View the Total Solar Eclipse
A total solar eclipse is a significant astronomical event. One will occur on April 8, 2024. The 125-mile-wide shadow of the moon will cross the Earth at 1,600 miles per hour. The 2024 eclipse will cross many major cities from Texas to Maine. It’s the last total eclipse visible over the USA until 23 Aug. 2044. It is expected to be one of the most viewed celestial events in recorded history. Below are some key points you should know about it.

What Happens During an Eclipse
The moon moves between the Earth and the sun during a total solar eclipse and blocks the sun’s light. Daylight turns into darkness as the sun is completely obscured.

The sun’s corona, the outer atmosphere, becomes visible as a glowing halo around the darkened sun. Stars and planets may become visible in the darkened sky.

Temperatures drop as the Earth experiences a temporary cooling effect. Animals may behave as if it is night.

Why it Happens
While the sun is about 400 times larger than the moon, the moon is about 400 times closer to Earth than the sun is. Consequently, the moon fits almost perfectly over the entire surface of the sun from Earth’s viewpoint. Solar eclipses can only happen around a new moon because the moon is slightly farther away from Earth, leaving a perfect ring of sunlight. An annular eclipse happened in Texas this past October.

A total eclipse completely blocks the sun while an Annular solar eclipse only partially blocks the sun’s light because the moon’s orbit is closer to its maximum distance from Earth.

Safety Precautions
It’s essential to have safety precautions to view a solar eclipse. Looking directly at the sun without proper eye protection can cause severe eye damage or blindness. Special eclipse glasses or indirect viewing methods such as pinhole projectors should be used. However, it’s possible to look during the totality while the sun is completely covered.

Eclipse glasses should comply with the International Organization for Standardization (ISO) 12312-2 international safety standard and be purchased from a reputable seller.

Path of Totality
The path of totality, where the sun is completely obscured by the moon, will stretch across North America from Mexico to Canada. Major cities such as Mazatlán, Dallas, Little Rock, Indianapolis, Cleveland, Buffalo, and Montreal will experience totality. The area where light is completely blocked from the sun is called the “Umbra,” which is Latin for “shadow.” Areas where light is partially blocked are called the “Penumbra,” which is Latin for “almost, nearly.”

Duration
The entire event, from beginning to end, lasts a few hours. The period of totality will last a maximum of 4 minutes and 27 seconds over Radar Base, Texas, and 1 minute and 29 seconds over Syracuse, New York. The period of totality will otherwise range between those extremes at any given location along the eclipse’s path. The theoretical maximum to ever occur is 7 minutes and 30 seconds.

Weather Considerations
Weather conditions such as cloud cover and atmospheric conditions will play a crucial role in visibility.

Tourism and Events
Eclipses have often been associated with various cultural and religious beliefs. Because it occurs on a Monday in the spring this year, many observers will make it a long weekend.

Total solar eclipses often attract tourists and eclipse enthusiasts. Communities, organizations and businesses within the path have organized events and festivals to celebrate the occasion. Many hotels within the totality are already completely booked for the weekend.

Educational Opportunities
Solar eclipses offer unique educational opportunities for students and the general public to learn about astronomy, celestial mechanics, and the sun-Earth-moon system. Consequently, some school districts have canceled school for the day to allow students to experience the eclipse and avoid traffic congestion caused by an influx of tourists.

Future Eclipses
While this eclipse is significant, it’s not a once-in-a-lifetime event. Solar eclipses occur regularly worldwide while the path of totality varies per event. The next total eclipse occurs over Greenland, Iceland and Spain on 2 Aug. 2027. The next Texas eclipse is in August 2045. The next Dallas eclipse is in 2345.

Overall
A total solar eclipse presents a remarkable celestial event for those within its path and serves as an opportunity for scientific study, cultural appreciation, and public education.

I've Got Your Six!

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

#DFWmark #REALTOR #IOV #InformationOfValue #eclipse #SolarEclipse #Dallas #Texas #tourism #TotalSolarEclipse

Testimonial - McKinney 2024

Thank you to my amazing clients for your trust and support! I’m completely honored and humbled by your review! I was hoping for “He’ll do a great job!” Instead, your review moved me. I am deeply grateful for the thought, time and effort you put into that review. Thank you from the bottom of my heart!

"It's not often you come across someone who transcends their role and becomes a genuine friend in the process. Mark Hancock from Keller Williams Realty is that rare gem. I recently had the privilege of working with Mark, and what started as a realtor-client relationship quickly evolved into something much deeper.

Mark didn't just offer expert advice on the real estate market; he took the time to understand my personal situation and aspirations. His guidance felt tailor-made, reflecting his genuine care for my well-being beyond just closing a deal.

Buying a home can be an emotional rollercoaster, and Mark was there every step of the way. Whether it was providing reassurance during moments of uncertainty or celebrating victories together, he truly became a trusted confidant and ally.

Mark's commitment to his clients goes above and beyond. He didn't hesitate to roll up his sleeves and tackle any challenges that arose, always with a positive attitude and unwavering determination.

What sets Mark apart is his genuine desire to build lasting relationships, not just secure transactions. He took the time to get to know me on a personal level, fostering a connection that transcended business.

In the whirlwind of real estate transactions, Mark wasn't just a realtor—he was a savior and a friend. His empathy, kindness, and unwavering support made all the difference, turning what could have been a stressful experience into a memorable journey.

In summary, Mark Hancock isn't just a real estate agent; he's a rare find—a friend who happens to excel in his profession. Working with him was a blessing, and I'm forever grateful for his guidance, friendship, and unwavering support that helped me find a home which without him could have easily taken a few more years to close. Five stars simply don't do justice to the exceptional service he provides. 

Mark, thank you for everything—you're a true hero in my book."

- Abhra Mazumdar

As always, I’ve Got Your Six!

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

#DFWmark #REALTOR #GoogleReview #review #testimonial #McKinney #CollinCounty #FriscoISD #buyer #FirstTimeBuyer

Drop In to my Open House at 13211 Ambrose in Frisco

 

Drop-In to my Open House
Saturday, 16 March 2024 @ 2 - 4 p.m.
13211 Ambrose Dr., Frisco 75035
Listed at $525,000 by Nathan Skorick
MLS# 20523629

This 2,617 sq. ft. home in Frisco has 4 bedrooms, 2 and a half baths, a game room, a second living area upstairs, 9-kilowatt solar panel array, EV charger in the garage, a utility shed and is loaded with smart features in the Frisco ISD.

This freshly painted 4-bedroom home features an open-concept plan and is on a cul-de-sac in Creekside At Preston. It has a ceramic tile entry and kitchen with wood floors on the ground floor and in the spacious upstairs game room. The living room is pre-wired for 7.1 surround sound and features a cozy fireplace. The updated kitchen features a stainless electric range with a glass induction cooktop, a walk-in pantry and a center island. The 10x10 shed is on a concrete pad. It is near the neighborhood park and only a short drive to UNT’s Frisco campus, PGA Frisco and the forthcoming Universal Kids theme park and resort.

I've Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #Frisco #CollinCounty #FriscoISD #drone #DropIn #video #RealEstate

Open House in Creekside At Preston

Open House in Creekside At Preston!
Saturday, 16 March 2024
From 2 p.m. to 4 p.m.
13211 Ambrose Dr., Frisco 75035
Listed at $525,000
Listed by Nathan Skorick
MLS# 20523629

NEW TO MARKET!
This 2,617 sq. ft. home in Frisco has 4 bedrooms, 2 and a half baths, a game room, a second living area upstairs, 9-kilowatt solar panel array, EV charger in the garage, a utility shed and is loaded with smart features in the Frisco ISD.

This freshly painted 4-bedroom home features an open-concept plan and is on a cul-de-sac in Creekside At Preston. It has a ceramic tile entry and kitchen with wood floors on the ground floor and in the spacious upstairs game room. The living room is pre-wired for 7.1 surround sound and features a cozy fireplace. The updated kitchen features a stainless electric range with a glass induction cooktop, a walk-in pantry and a center island. The 10x10 shed is on a concrete pad. It is near the neighborhood park and only a short drive to UNT’s Frisco campus, PGA Frisco and the forthcoming Universal Kids theme park and resort.

I've Got Your Six!

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

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

Fly By – Lake Texoma

 

I toured several homes and cottages with my clients near Lake Texoma. All were a short drive from lake access, marinas and fun restaurants. We also visited The Point Restaurant at Grandpappy Point Resort and Marina plus Highport Marina, which features The Island Bar & Grill.

If you want to own a lake house for the weekends, to complete your novel, for investment, or as an Airbnb, there are plenty of opportunities in Grayson County on the Texas side of Lake Texoma. Cities of interest are Denison, Pottsboro, Preston, Cambridge, Gordonville and Sherwood Shores.

Call, text or email me if you want to watch the sunrise reflect on the lake with your morning coffee or evening beverage of choice, waterski on glass-calm morning water, paddle a kayak past sandy cliffs, or earn 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 #LakeTexoma #marina #lakehouse #lake #LakeLife #Pottsboro #Denison #GraysonCounty

Leased at The Summit at Stonebriar

Congratulations to my amazing lease clients at The Summit at Stonebriar in Frisco!

They leased an upscale apartment home conveniently located near SH 121, shopping, dining and entertainment. The sophisticated community features pet-friendly Karmic Grounds, a coffee studio that offers coffee, food, wine, and beer from 7 a.m. to 9 p.m. daily.

The community provides bicycles for residents because they are a block away from Stonebriar Mall and all the world-class shopping, dining and activities around it. Community amenities include a clubhouse, pool, private cabanas, outdoor kitchen, business center, fitness center, courtyard, parking garage, and valet trash. Additional concierge services available to residents include housekeeping, pet care, clothing care, grocery and package delivery and general chores.

Y’all will have it all in one place, and I couldn’t be happier for y’all!

I've Got Your Six!

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

#DFWmark #REALTOR #Frisco #CollinCounty #leased #tenant #veteran #apartment #drone #VeteranOwned

Leased in Garland

Congratulations to my amazing lease clients in Garland!

They leased this classic 3 bed, 2 bath single-family home with a dining room and many extras. It’s in a beautifully established neighborhood in Garland and Dallas County. I couldn’t be happier for y’all!

I've Got Your Six!

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

#DFWmark #REALTOR #Garland #DallasCounty #leased #tenant #veteran #house #drone #VeteranOwned

Market Statistics - March 2024

Most of the reported area remains in a Sellers’ Market except Van Alstyne, which hit a Buyers’ Market with six months of inventory. Van Alstyne also has the highest year-over-year inventory increase of 93.5%. Plano and Melissa have the least inventory at 1.7 months and more than a 50% year-over-year inventory drop in each city.

Frisco has the most Active homes at 405 while Gunter has the fewest at 33. There was only ONE sale in Gunter this month. At only 1.7 months of inventory, Melissa has the lowest YOY months of inventory percentage at -56.4%. Aubrey and Anna are flat at 0% YOY. All other cities and all counties showed positive growth. Dallas and Collin counties are still near 30 days on market while Denton County is at 37 days. Denton County is generally the most affordable this month at $203 per square foot (psf) while Collin County gets $214 psf. Dallas County has the most Active properties with 4,596. All three reported counties are close to getting a median 97% of the original listed price.

The Fed will end the bank term funding program (BTFP) on 11 March 2024. This emergency lending program was a response to customer withdrawal runs and the failures of Signature, Silvergate and Silicon Valley regional banks as well as Credit Suisse in Europe in March 2023. BTFP allowed banks to use bonds as collateral to borrow from the central bank.

New safety rails were installed to minimize liquidity problems that led to the downfall of Bitcoin-friendly banks in Silicon Valley. However, the end of BTFP could create higher lending rates and constrain credit availability. It could also possibly lead to higher mortgage rates and more strict credit rules while many folks were waiting for rates to drop.

Nonetheless, the Federal Deposit Insurance Corp. (FDIC) is still limited to $250,000 per customer per institution. If customers didn’t resolve this situation in the last year. It could be a problem for some when BTFP is removed.

Without getting too deep in the weeds, the Overnight Reverse Repurchase Agreement – a low-risk injection of liquidity into the system by banks and the Fed - is also expected to end this year. It could end as early as March but is most likely to end later in the year. In short, if you’re waiting for rates to drop, you may wait a long time. Get a house 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 #YOY #CollinCounty #DentonCounty #DallasCounty

Texas Independence Day

Happy Texas Independence Day!

I’ve Got Your Six!

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

#DFWmark #TexasIndependenceDay #Texas #freedom #WildWest #Texan

Leased in Greens at Stacy Crossing

Congratulations to the Landlord and Tenants who came to a quick agreement for this beautiful McKinney townhouse that overlooks the community pool in the Frisco ISD.

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

I’m a professional photographer, FAA-licensed drone pilot and marketing specialist. I can place your lease property in its best light to get feet in the door. If it’s a photo-ready property, I can put the home on the market with 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 Build certified
DFWmark.com
214-862-7212

#DFWmark #REALTOR #leased #McKinney #FriscoISD #CollinCounty #DFW #LeaseMyHouse #landlord #luxury