Month: May 2017

Dallas, Seattle top cities for U.S. Home Price Changes

business - growth 2[reprinted] from Dallas News – by Steve Brown, Real Estate Editor, May 25, 2017

U.S. home values have risen above the peak before the last recession, according to a new report from Zillow.

Nationwide home values are 1 percent higher than they were in 2007, the real estate marketing website said in a new report.

North Texas home prices have already soared past pre recession levels.

Zillow said D-FW’s median home value in April were up 11.1 percent from a year earlier to $207,300.

That’s almost $10,000 more than the U.S. median.

Only Seattle at 11.8 percent had a greater year-over-year home price gain in April, blog 053017according to Zillow.

“Now that the typical U.S. home is worth more than ever, people may be tempted to ask if we’re in another national housing bubble,” Zillow Chief Economist Dr. Svenja Gudell said in the new report. “We aren’t in a bubble, and won’t be entering one anytime soon.

“Supply has been slow to catch up to this demand, which is causing home values to grow at a faster clip than we might otherwise expect,” she said. “Beyond that, the market’s fundamentals look largely healthy.”

North Texas home prices are now almost 50 percent higher than they were at the peak before the recession in the summer of 2017.

Median home sales prices in the region are up 13 percent for the first four months of 2017 compared with the same period last year, according to data from local real estate agents.

It’s highly beneficial to have a professional, knowledgeable, local Real Estate Agent by your side! Call Keller Williams Dallas Metro North today for all your real estate needs!

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Rosemary’s Rubies May 26, 2017

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Fantastic Friday and Welcome to Rosemary’s Rubies!

Our office will be closed this Monday, May 29th, in observance of Memorial Day.  

I hope everyone will have a safe holiday and please remember those that have lost their lives while serving our great country. 

Memorial-Day


 

 

Welcome Glad You're Here

ROSS AYESH

Sponsored by Richard Schulman (Santa Monica, CA)

REBECCA HUNT

Sponsored by Brooke Hunt

TOMMY KING

Sponsored by Gina Mullen


 

 

Light Bulb Agent Tips

AGENT TIP OF THE WEEK!

How do you determine if an item is “permanently installed and built-in” with regard to Paragraph 2 of the One to Four Family Residential Contract?

Courts consider three factors when determining whether an item of personal property has been so permanently attached as to constitute realty:

  1. Will the property be damaged by the removal of the item? If so, to what extent?
  2. Is the item customized for the property?
  3. Was the installation intended to be permanent or temporary?

Courts consider the answer to the third question—the party’s intention—the predominant deciding factor, while answers to the first two questions constitute evidence of that intention. However, testimony of an intent for the item to be temporary will not prevail if there is undisputed evidence to the contrary. [Logan vs. Mullis, 686 S.W.2d 605, 607 (Tex. 1985)]

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THIS WEDNESDAY!

Lawyers Filming Video

 

 

THIS THURSDAY

Solos at La Madeleine

JOIN US FOR COFFEE & PASTRIES!

 

 

MORE TRAINING EVENTS THIS WEEK!

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TUESDAY, MAY 30TH ~ 10:00 – 10:30 AM ~ TEA STAAR SCORES ~ LESLYE MITCHELL, SCHOOL PRINCIPAL

 

TUESDAY, MAY 30TH ~ 1:00 – 2:00 PM ~ A-TRAIN TO DALLAS – FUTURE PLANS & WHAT’S HAPPENING ~ JIM CLINE, DCTA PRESIDENT

 

WEDNESDAY, MAY 31ST ~ 1:00 – 1:30 PM ~ NEW HOME SOURCE PRO WEBINAR ~ BUILDERS DIGITAL EXPERIENCE

 

THURSDAY, JUNE 1ST ~ 9:00 – 12:00 NOON ~ TECH AND AGENT ORIENTATION*

*Join Sarah and Rosemary for tech tips and an overview of Policies & Procedures.  Not just for new agents.

 

THURSDAY, JUNE 1ST ~ 1:30 – 3:00 PM ~ DOTLOOP TRAINING 101 ~ SARAH BORDELON

 

ALWAYS CHECK THE INTRANET TRAINING CALENDAR FOR LAST MINUTE CHANGES!


 

 

 

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GET LISTINGS NOW IS NEXT SATURDAY, JUNE 3RD!

Join Anne for a Get Listings Now Clinic on 6/3/17!!!

9:00 – 9:30 AM

She will be offering great scripts, listing conversations and DOOR HANGERS. 

Coffee and donuts provided! 

 

 

CE CONTRACT CLASS AT GLAR!

GLAR Contract

 

REGISTER TODAY!

RSVP’s TO JERI DUE NO LATER THAN MAY 30th

Don Yeager Class

 

 

 

SAVE THE DATE!

Movement Training

 


 

CHECK OUT THIS WEEK’S TREASURE CHEST

Lawyers Title Treasure Chest

LOCATED AT THE FRONT LOBBY DESK!


 

 

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CONGRATULATIONS TO OUR NEWEST CAPPERS!

MARTHA HUGHES

COLLEEN KELLEY

JENNIFER KELLY

MARY ANN NOVITSKY

MIKE PRAY


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 MEGAN NEIHART

STEVEN WALKER

ABBY DEFREITAS

JOHN EISKAMP

INGA GONZALEZ

MAHSA ALEALI

RHONDA BALCAR

MIKE BOUDREAUX

Area Events for Memorial Day Weekend

Memorial-Day

With warm weather forecast for the upcoming Memorial Day weekend, you might enjoy these events scheduled in the Flower Mound, Lewisville and Highland Village areas:

The Flower Mound Concert Series – Friday, May 26 – 7 p.m. at Heritage Park (Free admission)

Audio House (party band) is a Texas band offering a fresh spin on familiar music. Their energy, musicianship and cutting edge technology will make you want to dance!

Food Trucks include Hook and Ladder Pizza and Fuddruckers.

Lewisville Splash Day at Sun Valley Aquatic Center  – Saturday, May 27th (Free Admission) 1 – 6 p.m.

Start off summer break by spending the day at the pool! Free admission on Saturday, May 27. The pool will be open from 1 – 6 p.m.

The facility will also be open on Sunday, May 28, 2 – 6 p.m. and Monday, May 29 (Memorial Day) from 12 – 6 p.m. Admission required for these dates.

shutterstock_636748966Memorial Day Observance – “A Day to Remember” – Monday, May 29, 2017, 9 a.m. 

The Town of Flower Mound invites the community to join together in observance of Memorial Day to remember all fallen soldiers of war at 9 a.m. on Monday, May 29 at the Flower Mound Senior Center (2701 W. Windsor Dr.). The program will feature a keynote speaker, Color Guard, patriotic music, bagpipers and a wreath presentation. This is a free event that is open to the public.

For more information, please call the Parks and Recreation Division at 972.874.6300.

Flower Mound Splashtaculars – Monday, May 29, 1 – 5 p.m. 

Join Parks and Recreation staff at the Flower Mound Community Activity Center to celebrate Memorial Day at the CAC Outdoor Waterpark. Activities and games are spread throughout the day to encourage participation from patrons of all ages and abilities. Activities are FREE with paid admission.

Memorial Day Flag Lowering at Sunset – Monday, May 29, 8:15 – 8:40 p.m. (Free Admission)

Join together as a community to remember those who have died fighting for our country and our freedom. At sunset, 8:31 p.m., on Memorial Day the flags on The Flower Mound will be lowered as a lone trumpet player plays Taps. If you were at The Mound last year for this short ceremony, you’ll remember how moving it is.

Annual Women’s Leading Business Conference – Wednesday, May 31th – MCL Grand/Lewisville

The Women Leading Business Conference & Expo meets the unique professional and personal educational needs of women in business and women-owned businesses. This day long conference features speakers with inspiring messages of perseverance, leadership, and success. Contact Haley Carroll with questions or to secure your 2017 sponsorship.

Register for this event here.

fireworksCelebrate Highland Village – Saturday, June 3, 2017 

Celebrate the beginning of summer with Celebrate Highland Village on Saturday, June 3 at Unity Park. The morning events include a 1k/5k walk/run, a family fish out, and our Arbor Day Proclamation along with the giving away of Texas
Native Redbud trees. That same evening, head back to the park for music, food, drinks, kids activities, and a spectacular fireworks display.

Lewisville “Cell Phone Shots” Exhibit – April 20 – June 3 

The Visual Art League of Lewisville exhibit “Cell Phone Shots” will be on display in the North Corridor gallery at the Medical Center Lewisville Grand Theater, 100 N. Charles.

The exhibit will include photographs taken exclusively with cell phones or tablets. The photographs reveal technical advancements in cell phone cameras as well as the outstanding creativity of Visual Art League members.

Lewisville “Urban Texas” Exhibit – May 20 – June 17Texas generic - longhorn

The Visual Art League of Lewisville exhibit “Urban Texas” will be on display in the Main Art Gallery at the Medical City Lewisville Grand Theater, 100 N. Charles.

This exhibit is the annual juried show by Visual Art League of Lewisville members.  The exhibit will include pieces with a Texas theme.

Wishing you a safe and happy Memorial Day from Keller Williams Dallas Metro North!

Rosemary’s Rubies May 18, 2017

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Terrific Thursday and Welcome to Rosemary’s Rubies!

You are receiving my weekly email early since I am away from the office tomorrow.  I am taking a day of vacation and heading South for the weekend for my birthday season.  I am disappointed that I won’t be able to attend the Wellness Walk at Katy Trail tomorrow.  Everyone should attend if possible since it will be a fun & healthy way to exercise!

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If you have questions, please contact Kelli Kocher at 214-535-0753 or email her at kelli@kocherteam.com.


This weekend is Paint the Town Red so sign up your listings now.  Sign up deadline is tomorrow at 12:00 noon and you can sign up at the front desk!

Paint the Town Red


Welcome Glad You're Here

FRANK BELLO

Sponsored by Anne Lakusta

BRANDY FAUSEL

Sponsored by Colleen Kelley

RANDY SCOTT

Sponsored by Anthony Scott (Austin, TX)


Light Bulb Agent TipsAGENT TIP OF THE WEEK!

Quick Reference: Know your Policy Endorsements to Owner’s Title Policy

T19.1  Restrictions, Encroachment, Mineral Owners Policy*
This endorsement provides coverage to the owner relating to survey encroachments and damages to improvements (buildings, structures, roads, walkways, driveways, or curbs) affixed to either the land being insured or adjoining land and that by law constitute real property excluding lawns, shrubbery and tress located on the land on or after the date of policy caused by mineral exploration and extraction.
*It is not uncommon for ownership of the oil, gas and mineral (together, the “Minerals”) interests located on, in and under a tract of land (known as the mineral estate) to be held by an owner (or several owners) who are different from the owner of the surface rights (known as the surface estate) of such tract of land. In such a situation, the mineral estate and the surface estate have been “severed” from the other and, barring a properly crafted waiver of the mineral estate’s right to use the surface estate, the owner of the mineral estate has the right to access and use the surface estate for the extraction and development of the Minerals.To protect improvements located on the surface estate from damage caused by an owner of the mineral estate using the surface estate for the exploration of the Minerals, a purchaser of only the surface estate (or the surface estate and only part of the mineral estate) may request that the title company issue a T19.1 Endorsement to the Owner’s Policy of Title Insurance (T19 Endorsement as to Loan Title Policies). Provided that the Title Company’s underwriting guidelines are satisfied, the T19.1 Endorsement is available when the Title Commitment issued by the Title Company excepts to (i.e., will not insure against) specific oil, gas and mineral interests held other than by the insured.

T19.3 Minerals and Surface Damage Endorsement Owner’s & Loan Policy
This is coverage against damages to a permanent building (excluding lawns, shrubbery or trees) located on land on or after the date of policy, caused by mineral exploration and/or development. This endorsement is only available if requested by the insured, and if the commitment/policy contains the mineral exception set out in Procedural Rule P-5.1.

Survey Amendment (“Survey Coverage”) on Owner’s Title Policies
This is optional coverage for owners that deletes language out of survey exception so that the owner has coverage from any discrepancies, conflicts, encroachments or protrusions, or overlapping of improvements. Put simply, it protects against the inaccuracies of a surveyor’s work.


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IGNITE GRADUATES

Ignite Graduates May 2017

BOLD GRADUATES

BOLD Graduates May 2017

5K COMMITTEE AWARD RECIPIENTS 

5K CAC Award

FROM CACDC


TRAINING THIS MONDAY!

C O R E

(Creating Outstanding RealtorsTrademark Circle R Symbol For Excellence)

5/22/17 at 3:30 PM Training Room B

Creating Outstanding Realtors for Excellence –  is a fast track program to provide agents with the foundation needed to launch their business, and get off to a fast, exciting start in real estate!

This 90 minute orientation class covers how, what, when and where details necessary to get your Real Estate business started with Dallas Metro North.  You will be introduced to “Path to Success“. Path to Success is your first 100 days business guide.

Cinda Knight, Productivity Coach, facilitates this class and program.  If you have questions about the CORE program, Cinda’s email is cinda@kw.com.

If you want to build your profit share tree, this is also an excellent recruiting tool for you so come & check it out!

 

THIS WEDNESDAY!

May 24th ~ 1:00 – 3:00 PM

GET MORE LISTINGS – LIVE PANEL

Techniques and tips shared by a panel of our top listing agents for April. 

ALSO THIS WEDNESDAY!

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THIS THURSDAY!

New Home Source PRO-Webinar Agent Training

May 25th ~ 1:00 – 1:30 PM

Sarah Bordelon

 ALSO THIS THURSDAY!FEMA Matt Kern


FOR THOSE THAT ATTENDED BOLD!

 Lawyers Title Treasure Chest

Located at the Front Lobby Desk


 

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CONGRATULATIONS TO OUR NEWEST CAPPER!

TOM CALVANESO

 


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MURRAY OLMSTEAD

BILLY REYNOLDS

STACEY REYNOLDS

MARIA SEAY

4 Strategies to Make a New City Feel Like Home

Moving to a new city? You may find these tips from Real Simple Magazine helpful.Moving - 1Many big changes follow graduation day—including the overwhelming task of moving, often to a new, unfamiliar city. If you’ve recently settled in a brand new place, or you plan to move any day now, this week’s episode of “Adulthood Made Easy” is for you: Host Sam Zabell interviews Terri White, editor of Time Out New York, on how to take advantage of everything a city has to offer. Here, a few of White’s strategies for feeling a little less lost.

One last thing … “WELCOME to Texas!!!”
area - texas welcome

Good News – May 2017

business - growth 5Nationally, homeowners saw 24% average return in 1st Q. 2017 – Homeowners who sold in the first three months of this year saw an average price gain of $44,000 from purchase, according to a report from Attom Data Solutions released April 27, 2017. That represents a 24% return on the purchase price – the highest gain since third quarter 2007.  Nationwide, the median home price was $225,000 during the first quarter of 2017, the report stated, up 13% from a year ago. Homes in more expensive markets have seen the highest average price gains so far this year, the report found. Sellers in San Jose, California, saw an average price gain of $356,500 (71% return on investment), followed by those in San Francisco with a gain of $276,750 (65% return on investment).  The Austin-Round Rock, Texas market is the only Texas market that shows up on the Top 20 metro areas where home sellers are making the most money when selling their homes, with an average return on investment of 39% and an average price gain of $81,795…..and that puts them at the #19 spot on the list.   

shutterstock_389597869Noble Gold Investments opens IRA depository in Dallas – Delaware and New York no longer have a monopoly on storing gold and precious metals for IRAs. This month, Noble Gold Investments opened an IRA depository in Dallas, the first of its kind in this region of the country.  Charles Thorngren, CEO of Noble Gold, said they will store everything from bullions to coins and platinum to palladium at the high-security facility. He could not disclose the  location, only that it is in Dallas.

And yes, they are storing the physical metal. Like any asset, gold prices do fluctuate from day-to-day based on economic conditions and demand. On May 12, spot prices for gold were at $1,226 an ounce.  Noble Gold stores the precious metals for a flat $300 annual fee.

Plano Water TowerAltice USA Inc. expansion to bring 400 jobs to area – International telecommunications firm Altice USA Inc. has decided to expand its presence in North Texas with a new 79,000 square feet office in Plano. The company already has an office in Plano, and this new office, which they expect to occupy by the 3rd quarter of this year, will bring 400 relocated or new jobs to the city.  The company provides internet, video and phone services throughout the country with 4.9 million residential and business customers in 21 states.  Altice has expanded its 1 Gigabit per second broadband services in Texas to about 85 communities in the state and has announced a five-year plan to build a next generation fiber optic network capable of delivering speeds of up to 10 Gbps.   

Innovative Design of Connex Office Park will Use Shipping Containers as Construction Material – Construction has begun on an office park made entirely of shutterstock_554962666shipping containers, which, once started, will deliver a new office and retail option to tenants near downtown Fort Worth.  The three-story office park, called Connex Fort Worth, will sit on a tract at 1201 Evans Ave. and is being developed with the help of 40 shipping containers.  The Connex office park is slated for completion by the end of October.  Upon completion, the Connex office park will bring a zero energy building powered with the help of solar power and wind turbine trees atop the roof of the structure.   

Grand Opening of Kubota Tractor Headquarters in Grapevine – Early April marked the grand opening of the Kubota Tractor headquarters campus in Grapevine, completingshutterstock_322361249 a 2 year building process.  The new facility includes the headquarters building and an adjacent 62,000 square foot research and development building, an outdoor water garden, and a large employee lounge and food service area.  The facilities already have about 280 employees working there, with 2017 employment expected to reach 340 jobs created. The new Grapevine campus is built to ultimately house as many as 600 workers, and has already brought a payroll of $25 million annually to our area. The completion of the $50 million campus for Kubota Tractor Corp in Grapevine has pushed the vertical limit of tilt-wall construction, with its tallest concrete panel coming in at 82 ft 11 in.  In the past, tilt-wall construction has been reserved for mainly industrial buildings, but as technology has evolved — so has the use of tilt-wall construction — and it has fully transferred into the construction of office buildings.  The building appears to be four-stories tall instead of its actual three story height and has 20-foot floor-to-floor heights. A 300-ton crane was used to erect the concrete walls.