Buying

Keller Williams Dallas Metro North remains a strong presence in the Metroplex!

Newest data indicates that Keller Williams Dallas Metro North remains a strong presence in the Dallas/Fort Worth real estate market!

Slide1In May 2017, Area 41, Keller Williams Dallas Metro North (KW-DMN) closed more than twice as many units as the next closest brokerage firm.

Area 41 = the communities of Argyle, Bartonville, Copper Canyon, Corinth, Double Oak, Flower Mound, Hickory Creek, Highland Village, Lake Dallas, Lewisville, Shady Shores and parts of Hebron and Northlake.

 

Slide2Similarly, YTD 2017 data for Area 41 clearly demonstrates that Keller Williams Dallas Metro North (KW-DMN) closed more than double the units of their nearest competitor!

Area 41 = the communities of Argyle, Bartonville, Copper Canyon, Corinth, Double Oak, Flower Mound, Hickory Creek, Highland Village, Lake Dallas, Lewisville, Shady Shores and parts of Hebron and Northlake.

 

Slide3In May 2017, Keller Williams Dallas Metro North (KW-DMN) ranked 5th in closed units for the D/FW four-county area (Collin, Denton, Dallas and Tarrant Counties). Also notable – Keller Williams brokerage firms are a strong presence in the area, holding the top eight positions for closed units in the Metroplex!

 

slide4YTD 2017 figures indicate another strong showing by Keller Williams Dallas Metro North (KW-DMN), ranking 5th in the D/FW four-county area (Collin, Denton, Dallas and Tarrant Counties) for closed units. 8 of the top 10 Metroplex brokerage firms for Closed Unit Data belong to Keller Williams brokerage offices!

 

Slide5Keller Williams Dallas Metro North (DMN) improved to 5 fewer days on market for YTD 2017 when compared to 2016.

Furthermore, our listings are selling 16 days faster than the area MLS listings, an improvement over 2016 figures by 3 days!

Area 41 = the communities of Argyle, Bartonville, Copper Canyon, Corinth, Double Oak, Flower Mound, Hickory Creek, Highland Village, Lake Dallas, Lewisville, Shady Shores and parts of Hebron and Northlake.
It’s highly beneficial to have a professional, knowledgeable, local real estate agent by your side! Contact Keller Williams Dallas Metro North today for your real estate needs!

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

Is Home Flipping for You?

Luann 1While you may think that home flipping went the way of the dinosaurs after the real estate bust, flips actually rose 3.1 percent from 2015 to 2016, with gross profits averaging $62,624, according to research from ATTOM Data Solutions.

Home flipping enjoyed a boost last year thanks to low inventory in many areas of the country and an infusion of foreign and domestic capital, says ATTOM, who reported that roughly 6 percent of condo and single-family home sales in 2016 were flips – the highest share in three years.

Hot markets in California – like San Jose, San Diego, and San Francisco – along with cities such as Baltimore, Md., Boston, Mass., New York, N.Y. and Seattle, Wash. earned more than $100,000 in profits. The most flipping took place Florida and Tennessee, where it comprised 11.7 percent of all sales in Memphis, Tenn.

Are you ready to get into the flipping game? Consider these pros and cons:

Pro: Home flipping can be very lucrative, earning you a sizable sum of money within a very short period of time.

Con: Conversely, when a flip becomes a “flop,” you can lose money. This can happen when unexpected expenses for home repairs or taxes arise, or when holding costs accrue from paying the mortgage and other expenses for a longer than anticipated period of time.

Pro: Home flipping is a great learning experience and will sharpen your skills on all things real estate, including construction, related finances and the local market.

Con: The process can be very stressful. There will be bumps along the way and there is always a risk involved, so make sure you’re ready for the roller coaster ride.

If you’d like more detailed real estate information about your market, please contact Anne Lakusta, Keller Williams Dallas Metro North, at 972-874-1905.

Aging in Place? Prepare to Pay – or Change Your Mind

mature coupleForty-three million homeowners plan to stay put in their current home as they age, but lack the accessibility features to make it practical. A recent Insight from Freddie Mac reveals that adding those features – levered handles, widened doorways and hallways – could be costly, or impossible.

According to Freddie Mac, half of Americans age 55 and older and three-quarters of Americans age 75 and older have one or more “physical functional limitations” that necessitate accessible features at home. Approximately 1.5 million existing homes require some retrofitting to make them accessible – and 2 million will require retrofitting by 2030. Retrofitting includes relocating living space to a single floor and replacing stairs with ramps.

Simple retrofits, according to the Insight, such as grab bars and pull-out cabinets, can cost on average $100-$270. Complex retrofits, however – a bathroom remodel, for instance – can cost between $5,600 and $13,000.

Some homes, as well, are unable to be retrofitted at all. Fifty-seven percent of homes in the Northeast – which tend to be older than homes in other regions – can accommodate single floor living, compared to 73 percent in the Midwest and 80 percent in the Southwest and West.

“Nearly a quarter of all baby boomers are going to be faced with the financial realities of aging in place, which can range from a few hundred to thousands of dollars,” says Sean Becketti, Freddie Mac chief economist. “Of course, the cost depends on the type and condition of the home. Many older homes, such as many of the Colonial-style homes common in the Northeast and Midwest, may not be good candidates for retrofitting. For some of them, aging in place until the bitter end may not even be a possibility. Like Bette Davis said: ‘Old age is not for sissies.'”

According to the Joint Center for Housing Studies (JCHS) at Harvard University, only 3.5 percent of homes today have accessible features.

KELLER WILLIAMS DALLAS METRO NORTH – October 2015 STATISTICS

Keller Williams Dallas Metro North is Outperforming our Entire DFW area!

We have sold 1050 Listings YTD, Selling $20,779 higher per home and Selling them 21 Days Faster! LORE NOVEMBER 2015

Furnish Your Home For Less

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Starting out with a “blank slate” can be both a blessing and a curse. The blessing comes if you have enough money to furnish your home with whatever you want from wherever you choose. Furnishing a home on a shoestring, though, takes creativity, an eye for a good value, and possibly some elbow grease.

While some discount stores, such as Ikea, sell inexpensive new furnishings, careful shoppers can find better quality for less money with used furnishings. Here are a few ideas for getting what you need at dramatically discounted prices.

Inspiration

Whether you are furnishing one room or a whole house, it’s important to have an idea of how you want the room to look before you go shopping. Once you have the design in mind, it’s easier to shop for the components.

Model homes in new home communities are great places to get decorating ideas. These homes are carefully decorated to appeal to a broad range of homebuyers’ emotions. Color schemes, accessories, and furniture choice and placement all play to the shopper’s emotions.

Interior design and decorating websites may also be good sources of inspiration. Check out Better Homes and Gardens, HGTV, Real Simple and Southern Living for budget project ideas to get your household furnished for less.

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Used is Good

One of the hardest things to learn is how to look beyond the obvious wear and tear to the actual “bones” of used furniture.  Look beyond the fact that the upholstery is ratty or the legs are scuffed – look at style.

If you like the lines of the coffee table, buy it. Scratches and dings are easy to fix. Hate the ugly green upholstery on the otherwise perfect Chesterfield-style sofa? Buy it. Have it recovered in a yummy fabric of your choice.

Once you’ve mastered the technique of not judging furniture by its cover, it’s time to go shopping.

Garage and Estate Sales

Yes, there are differences between garage sales and estate sales. The latter is the disposition of goods of a person’s estate. The garage sale, on the other hand, is the sale of a person’s extra belongings or things they no longer need. Both sales offer used items, but estate sales typically have a better variety, and the items are usually in better condition.

Expect to pay more for estate sale items than garage sale items, and prices are typically not negotiable. In both cases you’ll need to supply your own moving labor and transportation, so factor that cost into the cost of the items you want to purchase.

You can find garage and estate sales advertised on Craigslist, in newspaper classified ads, and by following directional signs in neighborhoods.

Consignment Stores

Furniture prices tend to be a bit higher in consignment stores than if you were to purchase the items directly from the owner’s home, but you can occasionally find some bargains.

Thrift Stores

Salvation Army, Goodwill, Deseret Industries (in the western U.S.) and hospital auxiliary thrift stores are sources of deeply discounted used household items. Finding something decent is a bit challenging, but once in a while you’ll find just the piece you’ve been searching for, so don’t disregard these sources.

Online Shopping

Craigslist is the best online site for inexpensive home furnishings – mainly because it’s local. The first place to navigate once you arrive on your local Craigslist page is the “For Sale” section, where you’ll find a link named “Free.” Everybody loves free, right? Within this category you’ll see ads that are headlined: “Curb Alert.” These ads contain free items that the owners place at their curb, available on a first-come, first-served basis.

Directly beneath the “Free” section is a link to the furniture section. Here you can find everything from new furniture to gently used designer pieces and ratty junk. Craigslist gives you the opportunity to search by owner or by dealer and to use keywords, which saves you from having to scroll through hundreds of ads for headboards when you’re looking for a dining room table.

You may also want to peruse the “Household” and “Antique” sections, also located under “For Sale.”

Another website where you can search for furniture is eBay. You can find some bargains here, but keep in mind that shipping charges may just destroy any savings you realize on the items themselves. One way around this is to click the down arrow next to “Sort.” At the bottom of the list you’ll find “Nearest First.” Click on that link to re-sort items according to geographic location.

Etsy is an interesting website for perusing handmade items, such as artwork, containers, planters and pillows suitable for accessorizing.

Finally, join the freecycling group in your area at Freecycle.org. Membership is free, and so are all the items posted.

Shopping frugally allows you to make big, dramatic changes to your home décor without breaking the bank.