Just Listed for Lease in McKinney!

7004 English Elm Trl.
McKinney TX 75071
Listed at $2,550 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

Lease Property Coming Soon!

Another newly-constructed property will be available with professional drone photos within 24 hours. When you want to list fast, I've Got Your Six!

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

#DFWmark #ComingSoon #MoveInReady #McKinney #CollinCounty #ShadedTree #McKinneyISD #NewConstruction #FormalDining

Back on Market in Arrow Brooke!

Back on Market!
2809 Lakeside Dr., Aubrey TX 76227
Listed at $510,000 by Mark M. Hancock
MLS# 20674193

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

This rare home is near the community pool and stocked fishing ponds. The home has Luxury Vinyl Plank flooring throughout the ground floor common areas and bedrooms. Bathrooms feature designer ceramic tile floors. The front downstairs bedroom is beside a guest bath. The open-concept plan includes a 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. The primary ensuite bedroom has a trayed ceiling, dual vanities, a garden tub and a separate shower. The 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 an extra-sized media room wired for surround sound.

I’ve Got Your Six!

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

#DFWmark #REALTOR #BackOnMarket #MoveInReady #Aubrey #DentonCounty #ArrowBrooke #DentonISD #greenbelt #ThreeCarGarage

State Fair of Texas

The annual State Fair of Texas has unique features to set it apart from other state fairs. It’s a bucket list item for visitors and new Texas residents. It’s a family tradition for most lifelong Texans. Everything is bigger in Texas!

It is one of the largest state fairs in the U.S. The historic Fair Park covers 277 acres within sight of downtown Dallas. The fair has more than 2,000 vendors, rides, and exhibits. The State Fair of Texas began in 1886. The fair starts on the last Friday of September and greets more than 2 million guests within 24 days. Don’t miss the nightly Starlight Parades, fireworks, acrobats, music and more. It requires more than a day to see it all!

It is one of the largest state fairs in the U.S. The historic Fair Park covers 277 acres within sight of downtown Dallas. The fair has more than 2,000 vendors, rides, and exhibits. The State Fair of Texas began in 1886. The fair starts on Friday of the last full weekend in September and greets more than 2 million guests within 24 days. Don’t miss the nightly Starlight Parades, fireworks, acrobats and more. It requires more than a day to see it all!

• Big Tex: Big Tex is the fair’s mascot and is known as the world’s tallest cowboy. Since 1952, the 55-foot-tall figure has greeted visitors and served as a symbol of the event. He was rebuilt in 2013 after a tragic fire in 2012.

• Iconic Food: The Corny Dog was first introduced by the Fletcher family in 1938. Since then, the fair is known for its inventive and sometimes outrageous food offerings. The Big Tex Choice Awards features creative fried foods like cheesecake, butter, Twinkies and even fried beer. This year includes Cotton Candy Bacon on a Stick. The fair is a culinary adventure with new smells and tastes every few feet.

• Historic Location: The fair is held at Fair Park, a historic site with significant Art Deco architecture and numerous museums and iconic sculptures.

• Livestock and Agricultural Exhibits: The Texas State Fair places a strong emphasis on its agricultural roots, showcasing a wide range of livestock, farm products, and horticulture. The scale and quality of these exhibits are particularly impressive.

• Music and Entertainment: The fair offers live entertainment every day with more than 100 acts across three stages, musical acts span genres from country to rock. This includes performances by big-name artists on the main stage as well as local talent.

• Cultural Celebrations: The fair often highlights Texas culture and heritage, including its diverse ethnic traditions, dancing, food and customs. Special events, parades, marionette shows, and exhibits celebrate the state’s unique and broad cultural landscape.

• Carnival Rides and Games: With an extensive selection of rides and games, the fair provides entertainment for all ages. The rides range from thrilling roller coasters to classic carousels. The 212-foot-high Texas Star was the tallest Ferris wheel in North America when it was built in 1985.

• Red River Rivalry: The football game between the University of Texas and Oklahoma University draws fans from the region along with other key games.

• Rodeos: Each rodeo in 2024 in the Fair Park Coliseum is free with admission to the Fair. Rodeos are held on weekends and feature bull riding, bucking horses, cultural specialties and even wild cow milking.

• DART to the Door: Save parking fees and hassles. Ride DART light rail from your town to the gate daily.

•Creative Arts: Texan creative artists are on full display in the Creative Arts Building. Enjoy everything from fine arts to award-winning recipes. Major items include ceramics, designer craftsman, dolls, canning, hobby collections, needlework, sewing, quilts, rugs, photography, scale models and witty shoe dioramas.
Cooking contests are held each morning in the Creative Arts building along with demonstrations.

• Museums: Historic fairgrounds museums include the Women’s Museum, African American Museum, Hall of State, Children’s Aquarium and more.

• Insider secret: Museums typically have the cleanest and least crowded bathrooms at the fair.

Visit BigTex.com for more information.

You can also view or download the whole Information Of Value or my other books for free at: https://dfwmark.blogspot.com/2021/11/free-books-by-dfwmark.html

I've Got Your Six!

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

#DFWmark #REALTOR #InformationOfValue #StateFair #Texas #annual #entertainment #community #food #history

Open House in Paloma Creek Lakeview

Open House
Saturday, 21 September 2024
From 2 p.m. to 4 p.m.
1105 Lake Summit Dr., Little Elm
Listed at $399,000
MLS# 20716834
Listed by Tami Burnett

This 2,258 sq. ft. home in Paloma Creek Lakeview of Little Elm has 4 bedrooms, 3 full baths, an office, and two covered porches.

This open-concept 1.5-story home near Lake Lewisville is ideal as a home or investment. The office is off the tiled entry and conveniently near the front door. The kitchen has granite countertops and freshly painted cabinets with stainless steel appliances, a gas range and walk-in pantry. The eat-in breakfast room is ideal for casual meals and entertainment. The living area has a cast-stone gas fireplace. The primary bedroom has an ensuite bathroom with a relaxing garden tub, a separate shower, and ample closet space. The versatile guest bedroom is upstairs with a private bathroom, which makes it the perfect flex space or a game room. Paloma Creek Lakeview community amenities include four pools, splash pads, parks, a dog park, a community garden, walking trails, monthly events and two fitness centers.

I’ve Got Your Six!

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

#DFWmark #REALTOR #OpenHouse #lake #LittleElm #DentonCounty #PalomaCreekLakeview #LIttleElmISD #office #GuestSuite

Fly-By Aster Park Community

 

Let’s Fly-By several model homes and site pads in the gated Aster Park Community of McKinney. Builders in the community currently include William Ryan, Toll Brothers, Shaddock Homes, MI Homes, and Highland Homes.

Please don’t visit a model home without a licensed REALTOR there to represent YOUR best interests! If you register without an agent, you often waive your ability to have a professional REALTOR® on your side. Instead, you will be treated like a customer by the builder’s agent – who only owes a fiduciary obligation to the builder. Let me register for you. This ensures you have a professional on your side through the process.

Most builders include the cost of a Buyer’s Agent in the marketing price of a house. DON'T PAY FOR SERVICES THAT YOU DON'T GET!

Call, text or email me when you’re ready to buy a new or preowned home. I’m New Build certified with many extremely satisfied clients. I’ll document and keep an educated eye on the construction process, give wise counsel, and negotiate throughout the process to benefit you.

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 #NewConstruction #McKinney #AsterPark #CollinCounty #NewBuild #FlyBy #drone #video

Market Watch - 13 Sept. 2024

Since last week, New Listings, AOC (Active Option Contract) and Pending have increased while Closed Properties decreased. The Lease Market increased Listings and Pending Properties with a sharply lower-than-expected number of Closed (leased) Properties. This is the lowest number of leased properties since 29 March 2024.

Let’s see how we got here.

After holding on interest rates while unemployment slowly increased, The Fed announced plans to decrease rates soon (18 Sept. 2024) and possibly several times later this year because inflation has stabilized while unemployment became higher than preferred.

The result is lower interest rates to borrow money. This change shows up in both the residential housing market and lease markets. Both have been sluggish for the last few months in anticipation of lower lending rates.

The timing is unfortunate because many home buyers use tax returns in the spring to boost their down payment. Additionally, they tend to move at the end of the school year to be settled before the beginning of the new education cycle in the fall. Without this available cash and unemployment affecting potential buyers, the housing market may not get the long-awaited bounce – especially since school has started for the year.

When we look at the Market Watch Trends, we move through time from the beginning of the pandemic in 2020 (left) to this week’s market (right). The most stunning observation is the prolonged inventory increase. It’s a reversal of the pandemic anomaly from October 2020 through March 2022 when housing inventories Closed faster than new Listings arrived.

The number of Closed houses remained relatively stable and cyclical since 2020. This reflects a constant and sustained influx of new residents to the DFW metro area. During this time, local home prices first increased due to shortages and interest rates later increased due to The Fed lending policies. The combination of factors made housing less affordable to most folks.

We’ve seen more houses enter the market rather than leave since May 2022 when The Fed first increased interest rates by .5%. This adjustment translated to housing inventory and options for individual buyers. However, the cost of borrowing plus inflation has kept many buyers on the sidelines despite significant increases in lease prices.

Meanwhile, the Lease Housing Market has steadily increased volume in New Listings and Closed (leased) properties since 2021. An average of more than 1,000 homes were leased each week in 2024 while even more new listings arrived on the market. This week had one of the highest gaps at 524 more lease homes entering the market than leaving.

DFW is different than the overall U.S. housing market. People move here each day from other worldwide locations. Overpriced houses sit on the market, but most houses haven’t lost value (appreciation). They entered the market too high while the market awaits their correction to the ideal price.

A balanced housing market has six months of housing inventory. With a few localized exceptions, DFW won’t be balanced by definition soon. It’s currently a “Sellers’ Market,” which means Sellers have some advantages over Buyers when negotiating prices and terms. However, a house sells or leases for what an owner takes, and a Buyer/Tenant pays in the closing documents.

I’ve Got Your Six!

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

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

Fly-By English Elm Trail!

 

7013 English Elm Tr.
McKinney TX 75071
Listed at $2,450 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.

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 #FlyBy #McKinney #McKinneyISD #CollinCounty #ShadedTree #NewConstruction #drone #video

Lease Open House in McKinney!

Hosted by Craig Roberts
Saturday, Sept. 7 @ 2 - 4 p.m.
7013 English Elm Tr.
McKinney TX 75071
Listed at $2,450 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.

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 #OpenHouse #McKinney #McKinneyISD #CollinCounty #ShadedTree #NewConstruction #SingleFamilyHouse

Market Statistics - Sept 2024

 

Did you know mortgage rates dropped from a national average of 7.89% in November 2023 to as low as 5.86% for well-qualified Buyers as of this morning? After a slow summer, houses are still available but expect Buyers to get the good ones soon while they have more buying power.

Please bookmark my Vendor List. You may need a mortgage lender or credit repair professional to buy a new home. You might need experts from electricians to a handyman or lawn specialists to prepare your house for sale. I also help landlords and tenants. I’ve Got Your Six for all your residential needs.

Most reported areas remain strong Sellers’ Markets with less than six months of housing inventory. Gunter and Van Alstyne remain Buyers’ Markets with 7.4 months of housing inventory each – down from previous months. Van Alstyne also has the highest year-over-year (YOY) inventory increase at 138.7% - down from 232% last month. All other markets are below 100% YOY with Melissa only showing a modest increase of 6.2%. Dallas, Collin and Denton counties all had YOY inventory decreases since last month but increased more than 50% from last year.

McKinney has the most Active homes at 966 while Gunter has the fewest at four. Prosper has the highest Median List Price and highest Median Sold Price. Frisco has the highest Median Price Per Square Foot (PSF) at $255 PSF. Aubrey has the most affordable Median PSF listings in the reporting area at $188 PSF.

Dallas County’s days on market are 24 while Collin and Denton counties have noticeably increased. Dallas County has the lowest median price per square foot this month at $207 while Collin and Denton counties are tied at $215 PSF. Dallas County has the most Active properties with 6,822. 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 97.5% while the city of Denton closely followed at 97.0%. August traditionally marks the end of the cyclical house-shopping season. Most Buyers with families want to settle before school starts. A slowdown was expected. Anecdotally, there was an increase in housing activity as we moved toward September.

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

Just Listed For Lease!

7013 English Elm Tr.
McKinney TX 75071
Listed at $2,450 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.

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