Condo Available in Richardson

Schedule a private showing!
333 Melrose Dr., Unit 12C
Richardson TX 75080
Listed at $180,000
MLS# 21017330
Listed by Michelle Jones

Need an affordable starter home or want to create generational wealth with a lease property? This is a great condo to help you achieve your goal. It is located in the heart of Richardson near Central Expressway and within the Pearce High School attendance zone of the Richardson ISD. It’s an ideal home for a UTD student. It has a cozy fireplace and a refrigerator included.

The well-maintained unit has many recent updates, including updated flooring, HVAC system, water heater replaced, roof, siding, fresh interior paint, updated stainless-steel appliances, toilet in powder room and garbage disposal.

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 #Richardson #DallasCounty #condo #RichardsonISD #investor #StarterHome #UTD #TelecomCorridor

Price Improved on Investment Property

Price Improved!
Skillman St., Unit 304C
Dallas, Texas 75231
Listed at $195,000
MLS# 20818558

This is a perfect property for your investment portfolio. The tenant signed a 12-month lease starting 1 Feb. 2025. This ground-level 964 sq. ft. condominium in Dallas has 2 bedrooms, 2 full baths, clothes washer and dryer, refrigerator, and a covered and fenced porch with outside storage. It’s ideally located near shopping, transportation, employment, dining and entertainment inside the desirable Richardson ISD.

Luxury vinyl plank flooring in the common areas and carpet in the bedrooms were recently installed. The interior was freshly painted. The kitchen features Kenmore appliances, large stainless-steel sink, loads of storage space, a pantry and a window for fresh air. Bathrooms feature new cabinets, sinks and faucets. The community mailboxes are located to the west of the building and the community pool is to the east with sidewalks connecting to both. The Lake Highlands Trail and Jackson Branch Creek are located behind the complex. The trail connects to White Rock Trail about a half mile from the complex.

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 #condominium #PriceImproved #Dallas #RichardsonISD #DallasCounty #condo #LakeHighlands #ForSale

Testimonial - Dallas

I’m beside myself with happiness for y’all! This was the smoothest transaction of my career. Y’all deserve all the credit for knowing what you wanted and starting with an acceptable offer.

This specific place wanted and needed y’all. Nobody else could appreciate the visual and light dynamics as well as y’all. It couldn’t be a more perfect match. It’s such a lucky home to have you to appreciate and care for it.

I’m honored by your friendship and trust. Thank you again for allowing me to be part of your journey!

Mark Hancock is the kind of realtor you want in your corner. He is a great agent, and his attention to detail is remarkable. As first-time buyers, we had put off house hunting for a long time, knowing how overwhelming the process could be. Mark changed that.

He truly listened to what we wanted and tailored options specifically for us. In fact, we found our home quickly—one we didn’t even know existed before working with him. He didn’t bog us down with unnecessary details, focusing instead on what really mattered. His insights were sharp, honest, and clearly backed by a deep understanding of both real estate law and the market.

But beyond his expertise, what stood out the most was how much he genuinely cares about his clients. You can see it in how he works, his patience, and his commitment to making a difficult process easy. Plus, he’s got a great sense of humor—sometimes corny but in the best way. Seriously, you need to meet this guy. 😉

Nathan Hunsinger
Dallas, Texas

See more reviews.

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 #Dallas #DallasCounty #attention #care

Inspection Pop-by Gifts

 

My clients and colleagues know I give little pop-by gifts to my clients when we tour homes or whenever I’m in their neighborhood. I also have smaller ones for open houses. Each one comes with a “cheesy” little saying about real estate or my services.

I had the fastest-ever hunt-and-kill for a new home. Consequently, I stacked up some gifts while we were inspecting their future home. They were amused and said I could share their video.

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 #PopByGifts #Dallas #DallasCounty #fun #PopBy #gift #ClientAppreciation

Skillman Bend Condos

 

Skillman St., Unit 304C
Dallas, Texas 75231
Listed at $200,000
MLS# 20818558

This is a perfect property for your investment portfolio. The tenant signed a 12-month lease starting 1 Feb. 2025. This ground-level 964 sq. ft. condominium in Dallas has 2 bedrooms, 2 full baths, clothes washer and dryer, refrigerator, and a covered and fenced porch with outside storage. It’s ideally located near shopping, transportation, employment, dining and entertainment inside the desirable Richardson ISD.

Luxury vinyl plank flooring in the common areas and carpet in the bedrooms were recently installed. The interior was freshly painted. The kitchen features Kenmore appliances, large stainless-steel sink, loads of storage space, a pantry and a window for fresh air. Bathrooms feature new cabinets, sinks and faucets. The community mailboxes are located to the west of the building and the community pool is to the east with sidewalks connecting to both. The Lake Highlands Trail and Jackson Branch Creek are located behind the complex. The trail connects to White Rock Trail about a half mile from the complex.

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 #condominium #JustListed #Dallas #RichardsonISD #DallasCounty #condo #LakeHighlands #ForSale

Investment Property Just Listed in Dallas

Skillman St., Unit 304C
Dallas, Texas 75231
Listed at $200,000
MLS# 20818558

This is a perfect property for your investment portfolio. The tenant signed a 12-month lease starting 1 Feb. 2025. This ground-level 964 sq. ft. condominium in Dallas has 2 bedrooms, 2 full baths, a clothes washer and dryer, a refrigerator, and a covered and fenced porch with outside storage. It’s ideally located near shopping, transportation, employment, dining and entertainment inside the desirable Richardson ISD.

Luxury vinyl plank flooring in the common areas and carpet in the bedrooms were recently installed. The interior was freshly painted. The kitchen features Kenmore appliances, a large stainless-steel sink, loads of storage space, a pantry and a window for fresh air. Bathrooms feature new cabinets, sinks and faucets. The community mailboxes are located to the west of the building and the community pool is to the east with sidewalks connecting both. The Lake Highlands Trail and Jackson Branch Creek are located behind the complex. The trail connects to White Rock Trail about a half mile from the complex.

Upgrades & maintenance.
Promotional video.
Open Houses: none. It is a tenant-occupied investment property.

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 #condominium #JustListed #Dallas #RichardsonISD #DallasCounty #condo #LakeHighlands #investment

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

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

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

Market Statistics - August 2024

Between the Olympics, vacations and back-to-school preparations, now is a great time for Buyers to take advantage of the inventory-rich housing market in North Texas.

Most reported areas are strong Sellers’ Markets with less than six months of housing inventory. Gunter and Van Alstyne remain strong Buyers’ Markets with more than nine and eight months respectively of housing inventory. Van Alstyne also has the highest year-over-year (YOY) inventory increase of 232%. Anna had the next highest YOY increase at 103.8%. Dallas and Collin counties showed YOY inventory increases of more than 60% while Denton County had 42%.

McKinney has the most Active homes at 965 while Gunter has the fewest at eight. Prosper has the highest Median List Price, highest Median Sold Price and is tied with Frisco for the highest Median Price Per Square Foot (PSF) at $252 PSF. Aubrey has the most affordable PSF listings in the reporting area at $193 PSF.

The city of Denton got the highest median percentage of original price at 98.0% while Plano closely followed at 97.9%. July traditionally has the highest closings of the year. However, sales seemed to have anecdotally slowed beyond the cyclical normal this year.

Collin and Denton counties' days on market are in the low 20s while Dallas County is at 19. Dallas County has the lowest median price per square foot this month at $209 while Collin and Denton counties are tied at $216 PSF. Dallas County has the most Active properties with 6,628. All three reported counties have a median percentage of the original listed price greater than 97.2% with Denton County at 97.7%.

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

Market Statistics - July 2024

Gunter and Van Alstyne have become strong Buyers’ Markets with more than nine and eight months respectively of housing inventory in each while the remainder of the reported areas are strong Sellers’ Markets. Van Alstyne also has the highest year-over-year (YOY) inventory increase of 200%. Frisco had the next highest YOY increase at 90.5%. Dallas and Collin counties showed YOY inventory increases of more than 60% while Denton County had 44%.

McKinney has the most Active homes at 889 while Gunter has the fewest at eight. Gunter also has the highest median list price at $1,149,840 and the highest median listing price per square foot (PSF) at $284. Aubrey has the most affordable PSF listings in the reporting area at $192 PSF.

Plano gets the highest median percentage of original price at 98.3% while Denton closely follows at 98.2%. Sellers priced to sell or buyers paid what it takes to win multiple offer situations. June is traditionally the busiest month to write real estate contracts. July traditionally has the highest closings of the year before the summer shopping season stabilizes.

Dallas, Collin and Denton counties' days on market are in the low 20s. Dallas County has the lowest median price per square foot this month at $207. Dallas County has the most Active properties with 6,339. All three reported counties have a median percentage of the original listed price greater than 97.5% with Denton County at 98.1%.

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

Market Statistics - May 2024

Most of the reported area remains in a strong Sellers’ Market. However, Gunter has joined Van Alstyne as Buyers’ Markets with more than six months of housing inventory. Van Alstyne also has the highest year-over-year inventory increase of 144.8% while Frisco had a surprising surge of 130.8%. All three reported counties showed a year-over-year inventory increase of more than 50%. Melissa is the only city reporting significantly less than last year at -20%.

McKinney has the most Active homes at 737 while Gunter has the fewest at 41. The median listing price in Prosper is nearly as high as the prices in Gunter while the cost per square foot (psf) is significantly higher. Frisco has the highest median listing price at $250 psf while Anna has the most affordable of this area at $193 psf.

Anecdotally, there has been an increase in buyer activity at open houses and an increase in multiple-offer situations for properly priced Sellers. The bargains that Buyers enjoyed in high-demand cities during the winter months seem to be gone. Buyers should expect to pay fair market prices with limited concessions from Sellers.

Frisco and McKinney both hit 100% of the median percentage of the original price. This combined with the significantly larger number of properties on the market may indicate a willingness of Sellers to move regardless of mortgage rate changes. Either sellers are pricing to sell or buyers are willing to pay what it takes to win in multiple offer situations.

Dallas, Collin and Denton counties (below) continued to have significant drops in days on the market from as high as the upper 30s two months ago to the middle teens. Denton and Dallas counties are tied as the most affordable this month at $214 psf - $6 more than last month or $12,000 more for a 2,000 sf house. Collin County had a modest increase of $1 psf since last month. Dallas County has the most Active properties with 5,320. All three reported counties are close to getting a median of about 98% of the original listed price.

If you’re a military veteran Buyer, please act quickly. Rule changes will happen around mid-July and will impact your ability to be properly represented by a professional agent who protects your best interests. I’m a certified Military Relocation Professional and ready to help you move 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

Market Statistics - April 2024

Most of the reported area remains in a Sellers’ Market except Van Alstyne, which remains a Buyers’ Market with 7.1 months of inventory. Van Alstyne also has the highest year-over-year inventory increase of 129% followed by McKinney at 75%. Plano and Melissa have the least inventory at 2.0 months. Melissa had the most significant year-over-year inventory drop at -45.9% with Aubrey following at -20.7%.

 

McKinney has the most Active homes at 661 while Gunter has the fewest at 11. Gunter had an eye-popping median sales price of more than a million dollars for its 30 active properties while its cost per square foot is still lower than Frisco and Prosper.

Dallas, Collin and Denton counties had significant drops in days on market from as high as the upper 30s to the lower 20s. Denton and Dallas counties are tied as the most affordable this month at $208 per square foot (psf) while Collin County increased since last month to get $216 psf. Dallas County has the most Active properties with 4,971. All three reported counties are close to getting a median of about 98% of the original listed price.

If you’re a military veteran Buyer, please act quickly. Rule changes will happen around mid-July and will impact your ability to be properly represented by a professional agent who protects your best interests. I’m a certified Military Relocation Professional and ready to help you move 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

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

February 2024 Local Housing Market Update

The entire reported area remains in a Sellers’ Market with less than six months of inventory except for Gunter (see below). Frisco, Plano and Melissa remain critically low with less than two months of supply of houses (inventory).

All the counties and almost half of the reported cities showed positive growth in Year-Over-Year inventory. Days on market are hovering around 30 days by county. Dallas County is generally the most affordable at $199 per square foot (psf) while Collin County is getting $208 psf.

On 31 Jan. 2024, the Fed said they will hold rates steady until they see more improvements against inflation. The next proposed action may take place in March. Each 1% change in mortgage rates equates to about 10% in buying power. The general expectation is that a 1% drop may happen by December – depending on inflation.

When the rate drop is significant enough to get many Buyers off the fence, prices are expected to increase due to a historic housing shortage and pent-up demand.

For example, a 1% drop may allow a buyer to go from shopping for a $500K to a $550K house, it’s also likely to increase the price of the $500k house to $550K or more. Therefore, it’s probably best to buy the house NOW and refinance later if financially appropriate. When you’re ready to move, please call, text or email me.

Gunter leads the pack in several conflicting directions. It is the only reported city that has a Buyer’s Market of inventory at 6.2 months. It also has the fewest days on market at nine days. Additionally, it has the highest median listing price at $994,000. Finally, it has the lowest number of Active properties at 35. Gunter is north of Celina and in Grayson County.

The news out of Grayson County has been staggering lately. BNSF Railway put plans on hold for the Texas logistics facility outside Gunter. They already have more than 900 acres of land. However, all Gunter city council members quit and the city manager is gone over the proposed annexation. So, there will be no new building permits until there’s a new city council to approve them. The earliest special election is scheduled for May.

The Hard Rock Hotel, conference center, beaches and residences are coming to Lake Texoma (Oklahoma side) in 2026. It plans to have a casino.

The Massive $6B Margaritaville resort will be built at Texoma (Texas side) with resort, retail, restaurants, 7,500 luxury to multifamily plots, upscale marina and more. Investors need to move fast if they want anything in Grayson County. I can help.

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

January 2024 Local Housing Market Update

Happy New Year!

The entire reported area remains in a Sellers’ Market with less than six months of inventory. Most of the reporting areas have less than three months of inventory with Plano, Frisco, Melissa and Denton dipping below two months.

Prosper has the highest overall Median Listing Price, Price Per Square Foot and Median Sold Price. Frisco has the second highest Price Per Square Foot and Median Sold Price while Gunter is second for Median Listing Price. Denton has the lowest Listing Price of the selected cities while it had a 19.2% year-over-year inventory drop. Year-over-year inventory for Aubrey is down 40.6% while Van Alstyne had the only increase of 27.3%.

Dallas County houses sold faster and still have a significantly lower Median Listing Price than Collin or Denton counties. Surprisingly, Dallas County has more months of inventory available than the other reported counties. Denton and Collin counties’ statistical trends are similar with Collin County generating slightly higher Median Prices Per Square Foot Sold.

The Fed said they may lower rates as many as three times during 2024 depending on inflation. This means lower mortgage rates are possible. Each 1% of mortgage rate change equals about 10% of buying power (both increased or decreased). When rates drop, more Buyers are expected to surge into the market.

A historic housing shortage should heat up competition for existing houses as rates drop, which will exacerbate shortages and probably increase prices.

If you’re ready to move, please call, text or email me. I have the systems and skills to sell your house for the most money in the shortest time with the fewest inconveniences. As a professional photographer and FAA-licensed drone pilot, I can have a show-ready property on the market within 24 hours while we find your ideal home.

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

December Local Housing Market Update

The entire reported area remains in a Sellers’ Market with less than six months of inventory. Because many Buyers are interested in eastern Denton County homes, I added market statistics for the cities of Denton, Aubrey and Little Elm.

Prosper still has the highest overall price per square foot while Gunter is second. Denton has the lowest price of the selected cities. Year-over-year inventory for Melissa is down 56% while Plano had the only increase - a modest 5% year-over-year percentage change. Plano also has the fewest months of inventory homes available at 2.1 months.

Dallas County has a significantly lower median list price than Collin or Denton counties. Dallas County also has the fewest months of inventory and the highest number of homes available. Houses are also selling fastest in Dallas County. Denton and Collin counties have the same Seller’s advantage with lower supplies for demand. Collin County still demands the highest prices per square foot.

Cash Buyers and Buyers without a house should move now. Buyers should act now while there is inventory and relative price stability. When rates drop, more Buyers are expected to surge into the market.

Homeowners should sell now if they don’t need a mortgage to purchase their next house. Sellers who are rightsizing to smaller, better and newer properties are at a distinct advantage. They can leverage their home equity to purchase as all-cash buyers in this market. Additionally, Sellers with an “extra” house due to inheritance or marriage can liquidate those assets quickly if it is properly priced and marketed by a professional REALTOR.

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

October Local Housing Market Update

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Prosper has the overall highest price per Sq. Ft. and Anna is the lowest. Year-over-year inventory for Melissa is down 40% while Gunter increased by 34%. Gunter returned to a Buyers’ Market with 6.3 months of inventory with a significant month-over-month drop in the Median Listing Price especially compared to the Median Sold Price. Plano and McKinney have the fewest months of inventory homes available.

Dallas and Denton counties are about equal for median prices per Sq Ft. Dallas County has slightly more months of inventory and the highest number of homes available, but houses are selling faster than Denton and Collin counties. Denton County has a slight Seller’s advantage with a lower supply for demand. Collin County still demands the highest prices per Sq. Ft. as construction booms across the county and new residents arrive daily.

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

Testimonial - Garland

Thank you to my amazing clients for your touching testimonial! The house looks great now and will be a serviceable home for the foreseeable future. Thank you again for your trust and cooperation throughout the process!

“When we engaged Mark Hancock in helping us navigate selling our home to our son we had no idea how fortuitous this decision would be. Never mix family and business is the old adage for a reason. We were quickly becoming mired in minutia losing the big picture. Mark talked us through each step and successfully got us to closing and in the process healed some old wounds. Without him, this sale would not have happened. Now our son has a home he can be proud of and instant equity! We have peace of mind and a happy family. I can't thank Mark enough for his steady and wise guidance. The brisket kolaches were outstanding as well!”

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 #equity #Garland #DallasCounty #proud #family