Friday, December 31, 2021

Market Watch - 31 Dec. 2021


All market indicators have decreased for a second straight week. This is seasonal and expected. Earlier in the week was the lowest number of New Listings since the “Snowvid” event last February. It recovered slightly to be barely above this same week last year, which is the second lowest point.

With the holidays and new year behind us, the market is set for a major bounce back. An unknown variable is the number of forbearance houses that will become foreclosures and enter the market this month. They aren’t expected immediately because they probably need major repairs after months of likely deferred maintenance. Since materials and repair labor are both in short supply, it will take a while to see the more damaged houses hit the market.


Even so, don’t expect a discount on foreclosure houses since the market is still blazing hot. The major difference will be additional premiums paid and battles for turnkey-quality houses in desirable locations.

The lease market was inverted this week, but the difference was minor and the volume was so low that it isn't a significant concern like it was for much of the year.

I've Got Your Six!

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


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

Thursday, December 30, 2021

Testimonial - McKinney

Thank you for your trust! I was honored to help you, and extremely thankful for all your immediate referrals. Congratulations on your beautiful home!

“Mark Hancock was very professional & always on top of things. He was available to answer my questions quickly and always patient and calm. He shared all the information that helped me to make my decision. My family & I were more than pleased. It couldn’t be better than it was.”

I've Got Your Six!

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

#DFWmark #REALTOR #testimonial #review #RealSatisfied #buy #McKinney #ProsperISD #CollinCounty #NewHomeowner

Wednesday, December 29, 2021

Get a New Year Button


Look for me around town to ring in the New Year with a button or magnet. I have plenty and can make more.

I’ve Got Your Six!

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


#DFWmark #REALTOR #NewYear #NewYearButton #2022Magnet #2022Button #AnnnualKickoff #Frisco #CollinCounty #DentonCounty

Friday, December 24, 2021

Merry Christmas


Merry Christmas! We should have a record high temperature today (83 °F) rather than this snowy ornament scene. However, I hope you find time to be with your families and enjoy the holidays.

Merry Christmas!

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


#DFWmark #REALTOR #Frisco #CollinCounty #MerryChristmas #Christmas #HolidayOrnament #wine #HappyHolidays #SeasonsGreetings 

Market Watch - 24 Dec. 2021


With Christmas approaching, all market activity decreased. This is an annual occurance.

I've Got Your Six!

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

Thursday, December 23, 2021

Happy Holidays House


We will have our holiday lights and inflatables lit through Christmas night. Most of our street has similarly festive houses.

Happy Holidays from our family to yours!

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


#DFWmark #REALTOR #Frisco #CollinCounty #HolidayLights #ChristmasLights #HappyHolidays #SeasonsGreetings #MerryChristmas #Christmas

Saturday, December 18, 2021

Our Gift to You: Mom's Cookbook


Before Mom passed in 1994, she made a cookbook of her favorite recipes from her travels and friends around the world. It still has some “vintage” recipes, but the layout and instructions have been updated. It’s a gift from our family to you. You’re welcome to share it with friends. It’s located on my Google Drive, and you can view or download from this link.

Happy Holidays from our family to yours!

What’s in the book?
The book is designed to be viewed on computers, as a PDF on a tablet computer in the kitchen or printed out. It can be bound and added to your kitchen collection. It has a horizontal layout to ensure easy viewing.

The recipe index is on Page 3. The recipes are listed alphabetically by food types. The broad categories are Beverages, Soups, Salads, Vegetables, Dips & Sauces, Casseroles, Cookies, Candies & Desserts, Breads & Pastries, Pies and Cakes. The dishes range in complexity from Caramel Sauce, which is literally peeling the label off a can and cooking the sealed can in a pot of water, to the PTA Layer Cake - a challenge for anyone.


About Mom
Mom had many interests and facets. Marjorie was born during the Great Depression. She loved the colors red and mauve. She joked that it was “mauv-elous.” She had sophisticated tastes and could tell unbelievable - yet true - funny stories from around the globe.

She grew up in the inner city of Chicago. Her mother died when Mom was very young. She was raised by her father. Although she had a lifelong love of food, she never learned to cook during her youth.

She got a degree in Special Education from Loyola University Chicago. She was also an artist like her mother. She could crochet, draw, paint, arrange flowers, sew, make elaborate paper dolls, and much more. She married my father, William “Tex” Hancock, who was a boot camp trainer at Great Lakes for the U.S. Navy. Together, they traveled the world and had four children who knew how to eat!

Dad initially taught Mom how to cook basic foods. Much of this book features the basic food that fed our large family and any friends who happened to be around the house. Much of it can be made quickly and in high volumes with over-the-counter items like canned chili or frozen pie crusts to fill gaps and save time.

Cultural influences from their friends and worldwide travels are scattered throughout the book. Dad eventually retired from the Navy and they settled down in Richardson, Texas. Many festive parties with happy friends occurred in our house and around the pool.

Later, the artistic side of cuisine appealed to Mom. She loved parties and enjoyed making special moments with snacks, finger foods and lots of wine. Between her travels and curiosity, she experimented with making more difficult dishes. However, she often said, “Every meal is five minutes away from dog food.”

Her last few years were spent living with my devoted sister, her husband and their daughter. She originally wrote this cookbook for family, friends and clients. The whole family contributed in one way or another to produce the first version of this book in 1992. This book is an edited and updated version.

Mom died in 1994. The book is a toast to Mom.

I've Got Your Six!

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

Friday, December 17, 2021

Market Watch - 17 Dec. 2021

 



New Listings decreased while Properties Under Contract, Pending and Sold all increased. The lease market had gains in Pending and Leased Properties while there were fewer New Listings. However, the New Lease Listings outpaced the Properties Leased to keep the market on track.

I've Got Your Six!

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

Thursday, December 16, 2021

Mom's Cookbook


Before Mom passed in 1994, she made a cookbook of her favorite recipes from her travels and friends around the world. 

It still has some “vintage” recipes, but the layout and instructions have been updated. It’s a gift from our family to you. You’re welcome to share it with friends. Please view or download from my Google Drive at this link.

Happy Holidays from our family to yours!

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

#DFWmark #REALTOR #MomsCookbook #cookbook #HappyHolidays #SeasonsGreetings #HomeCooking #recipes #Global #FromOurFamilyToYours

Tuesday, December 14, 2021

Market Watch - 10 Dec. 2021


Since last week, New Listings and Properties Under Contract have increased while Pending and Sold properties have decreased. The market remains significantly inverted. There are more Sold properties than each of the other categories.

Under Contract and Sold should have the fewest properties of all categories because they are only in these categories a short time (if at all) and buyers can often terminate.


The Lease market had a surprise this week, both New Listings and Properties Pending increased while Leased Properties decreased. It’s the first time Leased properties diverged from New Listings for many months.

I’ve Got Your Six!

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

#DFWmark #REALTOR #MarketWatch #InvertedMarket #SellNow #BuyNow #NewLeases #LeaseChoices #LeasesAvailable #RentPrices

Friday, December 10, 2021

Get Your Santa Button


If you see me around town, ask for a Santa button or magnet. It's my gift to you. I have plenty and can make more. You can wear the button for the season and hang it on your tree with an ornament hook later.

I’ve Got Your Six!

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

#DFWmark #REALTOR #Santa #SantaButton #SantaMagnet #cartoon #HappyHolidays #Frisco #CollinCounty #DentonCounty

Thursday, December 9, 2021

FreddieMac Interest Rates Snapshot

Please look at the blue line for 30-year Fixed Rate Mortgages from FreddieMac. It started the year low and jumped after a vaccine was released and the “Buying Season” started. It is currently flat but noticeably higher than the start of last year. If you’re ready to buy or sell, take advantage of this information. Call, text or email me.

I’ve Got Your Six!

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

#DFWmark #REALTOR #FreddyMac #mortgage #MortgageRates #FlatRates #SellNow #BuyNow #forbearance #foreclosure

Friday, December 3, 2021

Market Watch - 3 Dec. 2021


Since last week, New Listings, Pending and Sold have increased while Properties Under Contract have decreased. The market remains inverted. There are more Sold properties than Pending or New Listings.

The high number of Sold properties in proportion to Pending is noteworthy. It takes about two weeks to close a cash transaction. It takes about 30 to 45 days to close financed transactions. Consequently, there should be a significantly larger number of houses Pending than any other category.

New Listings increased, but the difference was almost doubled by homes Sold this week. Since more houses Sold than are Pending, there's a potential for a noticeable drop in Sold properties during December. This decrease is seasonal, but it would mean a possible pause in this unusual market. It's worth watching – especially since forbearance homes are expected to arrive in January.

Forbearance homes will probably need work due to deferred maintenance to become market ready. While there’s labor and material shortages, expect delays before these homes get to the market.


In the Lease market, both New Listings and Properties Leased increased while Pending Propertied decreased. All these movements indicate a “normal” market on the first of the month since most leases start around the beginning of each month. However, the number of properties Leased neared the number of New Listings. The market could invert again later this month.

I’ve Got Your Six!

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

#DFWmark #REALTOR #MarketWatch #SellNow #BuyNow #forbearance #foreclosure #VolatileRates #InvertedMarket #RentPrices

Monday, November 29, 2021

Traditional House Blessing in McKinney


My clients had a traditional house blessing their new home in McKinney on Thursday, Nov 25, 2021. They closed today!

I’ve Got Your Six!

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

#DFWmark #REALTOR #house #home #HouseBlessing #ceremony #McKinney

Friday, November 26, 2021

Market Watch - 26 Nov. 2021


Since last week, all categories in both the For Sale and Lease housing markets have decreased. This is seasonal and expected during Thanksgiving week. There was a severe drop in the number of price decreases this week. Again, this change could be a result of Thanksgiving week or Sellers choosing to wait.

An important shift was the higher number of Sold in proportion to Pending. It takes about two weeks to close a cash transaction. It takes 30 to 45 days to close a financed transaction. There is another category on the market titled "Active Contingent," which tracks houses that are waiting on loans. However, it's normally in the low hundreds.



Logically, there should be a significantly larger number of houses Pending than Sold. Additionally, there should be more New Listings than any of the other categories. Since more houses Sold than are Pending, there's a potential for a noticeable drop in Sold properties during December. This decrease is also seasonal, but it would mean a possible pause in this unusual market. It's worth watching.

I’ve Got Your Six!

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

#DFWmark #REALTOR #MarketWatch #SeasonalDecrease #Lease #SellersMarket #SellNow #StrongDemand #BuyNow #PendingInversion

Sunday, November 21, 2021

Preparing for the Annual Pie Party


I prepared treats for the annual pie party. The pies are ordered and will arrive on Tuesday morning for the Annual Pie Party. 

I want the event to be memorable, so I made Pie Party buttons. 

If you want to attend next year, it only takes one closed referral!

I made enough for all my guests and a quite a few others. If you see anywhere me this week, ask me for a button or a magnet. Yes, I'll probably have some for the holidays starting on Friday.
I'll also have hot chocolate with candy canes and a Hot Chocolate Cookie recipe along with some "snowman poop" (mini marshmallows). I'll drop those off on doorknobs through the neighborhood this year too.

I’ve Got Your Six!

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

#DFWmark #REALTOR #Thanksgiving #ButtonMaker #button #coco #peppermint #treats #CookieRecipe #MiniMarshmallow.

Saturday, November 20, 2021

Market Watch - 19 Nov. 2021


Since last week, properties Under Contract, Pending and Sold have all increased while New Listings have decreased. The market remains inverted with about 600 more houses leaving than entering this week.

Forbearance started to appear and grew exponentially. It’s worth watching for the remainder of the year. It takes about 30 days from sale to close. If you have equity and need to sell a property before foreclosure, please call me immediately. I can get it done if you act quickly.



Lease Listings and Leased Properties decreased while Pending increased for a second week in a row. While prices increased, leased homes remained below New Lease Listings since October 1.

I’ve Got Your Six!

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

#DFWmark #REALTOR #MarketWatch #SellNow #BuyNow # forbearance #foreclosure #VolatileRates #InvertedMarket #RentPrices

Monday, November 15, 2021

Market Watch - 12 Nov. 2021


Since last week, New Listings increased slightly while Properties Under Contract, Pending and Sold all decreased.

The number of properties Sold dropped by about 600 this week (a 21% decrease). However, the market remains inverted with more houses leaving than entering. The number of price decreases has been flat from week to week.

Meanwhile, mortgage rates have become more volatile heading into the holiday season. Anecdotally, forbearance has only been marginal and manageable. It’s worth watching for the remainder of the year.



Lease Listings and Leased Properties decreased while Pending increased. Leased homes have remained below New Lease Listings since October 1. Most years, this would indicate balance returning to the lease market. However, this market is not traditional.

The current median price per square foot for lease properties across North Texas and Northwest Louisiana is $1.21. Since early August, the median number of days on market has increased from 9 to 11 while the median lease price has reduced by $0.02.

I’ve Got Your Six!

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

#DFWmark #REALTOR #MarketWatch #SellNow #BuyNow #SlowingMarket #DaysOnMarket #VolatileRates #PricePerSquareFoot #forbearance

FREE Books by Mark



I was a pro photojournalist for 25 years and book editor for a decade. When I became a REALTOR, I applied these skills to educate my clients and explain the real estate process in easily understood terms. Over a few years, I produced the guides (books) listed below. Images are hyperlinked on the PDF to download.

I provide them for FREE on my public Google Drive as PDF eBooks. I won’t know if, when or who views or downloads them. The guides are there for anyone’s benefit. When someone wants to buy or sell a house, please send them a link to these information-packed guides.

They can avoid major and expensive mistakes. They’ll thank you later!



Whether you arrived yesterday or have been here your whole life, you are part of something extraordinary! This guide celebrates Texana. It explains our Lone Star culture, history, weather, celebrations, traditions, contributions and the land under it all.

This is a great guide to quickly acquire the knowledge to become a true Texan. It also lets you soak up the warmth of knowing you're in a place where big dreams become real. 

Texas is the Friendship State and a state of mind. The brisket, Dr Pepper, big trucks, cowpokes, Buc-ee's, rocket ships, and endless skies are the invitation. The people with golden hearts make this place home!


Please bookmark the location. The no-cost guide covers the most basic actions required to maintain your home. I’ll add to the book as I write pertinent new Information Of Value sheets.

The book is divided into three main sections:
1) Maintenance and Tools
2) Household Expenses
3) Seasonal Preparations

Please share this book with everyone – especially your neighbors. We all benefit from well-maintained homes!


Mom's Cookbook is a gift from our family to yours!

Before Mom passed in 1994, she made a cookbook of her favorite recipes from her travels and friends around the world. 

It still has some “vintage” recipes, but the layout and instructions have been updated. You’re welcome to share it with friends. Please view or download at this link.

Cheers!


"DFWmark Information of Value" is an ongoing book with bite-sized nuggets of valuable information for just about anyone.

This book is a growing collection of monthly information that is useful to the broadest spectrum of folks. It covers everything from safety to entertainment.

Additional information is located on this blog at the Information of Value hashtag. Since you want this information delivered monthly, send me an email with the subject line "Add IOV." 

I always seek ideas for future IOV posts, if you want me to research something that should fit on one page and be useful to most people, please call, text or email me with the idea. I'll try to make it happen!

"House Seller Guide" has all the information needed to sell a house including examples of Texas state promulgated forms.

This 68-page book features major sections on Let's Sell Your House, What Sellers Should Expect, Seller Preparations, Information Sheets, Texas Promulgated Forms, Addenda and other forms.

It's a deep dive into the entire process. It allows Sellers to understand the process and how to get the most money in the shortest time with the least inconveniences. 


"Home Buyer Guide" features everything buyers need to know to acquire a preowned or new-construction house.

This 64-page book features major sections on First Steps, Buyer Representation Steps (preowned), Home Construction, Information Sheets, New Build Representation Steps and Taxes. 

It has useful information for everyone from first-time buyers to season investors. 

"New Build Home Guide" explains everything needed to acquire a new construction home. It was the first book.

This 46-page book features major sections on First Steps, Home Construction, Information Sheets, and  Buyer Representation Steps (new construction). 

It is specifically designed to help represented buyers navigate the new construction process to their advantage. The "Who Pays For What?" section is specific to new construction.
I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212 (call or text)
markhancockrealty@gmail.com
DFWmark.com

#DFWmark #REALTOR #FreeBooks #FreeGuides #HouseSellerGuide #HomeBuyerGuide #NewBuildHomeGuide #InformationOfValue #book #free

Sunday, November 7, 2021

Market Watch - 5 Nov. 2021


Since last week, New Listings were flat and Sold increased while Properties Under Contract and Pending decreased.

Zillow announced it would drop out of the iBuyer market. They will no longer purchase and flip homes. This abrupt withdrawal by a “market disruptor” will result in a 25% staff reduction and an approximately $540 million write down. The inventory of homes will be sold at existing market value as available.

CNN states the loss “was because it bought homes during the last quarter for prices higher than it believes it can sell them.” This was somewhat expected considering that Inman reported in 2016 that Zillow’s CEO, Spencer Rascoff, sold his home for much less than it’s Zestimate – 40 percent less.

The Lease Listings and Leased properties increased while Properties Pending decreased as expected with the first of the month.

Please see my Lease Market Snapshot from earlier this week to get a deep view of the city-by-city market. It goes over the minimum and maximum asking prices plus median days on market, number of lease properties available and city populations based on the most-requested house type for all cities with property in Collin and Denton counties.

I’ve Got Your Six!

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


#DFWmark #REALTOR #MarketWatch #InventoryGone #Lease #iBuyer #Zillow #ZillowLeaves #UnexpectedGains #BuyNow

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...