Featured Home : 4705 Old Gate Lane Parker Texas

Featured Home : 4705 Old Gate Lane Parker Texas

Offered at $510,000

Take an easy drive into country living and still be minutes to all Dallas amenities. Our featured home offers an open entertaining style, and is loaded with updates. Beautiful hardwood floors and a see-through glass fireplace between living and game room. A fully updated master suite and bath (tv within the mirror). Granite throughout, new gorgeous front door-new windows- new hot water heater-and a new roof in 2016. The kitchen has SS appliances with double oven and island. Step out to an incredible outdoor space with pool and spa and fountain. This home is open, refreshing and private for your entertaining.  a large acre in back is ideal for horses and other animals. The 1664 sf barn has 4 stalls with plenty of storage or build for extra living space. Water & electric is included.

Related article: 20 Tips for Preparing Your House For Sale…

Thanks for stopping by the Indigo Skye Group blog! Be sure to check the blog weekly for more informational and educational articles about real estate.

Featured Home : 135 Shawnee Trail

Featured Home : 135 Shawnee Trail

Offered at $835,000

Indulge in an effortless blend of luxury and gracious country living in our Featured Home on a private 2.68 acre personal retreat. You will love the natural stone, soaring beamed ceiling, hand-scraped hardwood floors. There are custom finishes throughout. The bright and open floor plan features a kitchen with black stainless appliances, large island, and breakfast seating. The kitchen opens to an oversized great room with stunning views of the exclusive neighborhood lake and gorgeous sunsets.

Find Your Sanctuary

Find your sanctuary, relax and unwind, inside the full-length, screened-in porch overlooking the lake. The luxurious master suite offers a seating area, elaborate closet, extended bathroom with walk-in shower, and sun room. Beautiful views extend to the covered back patio, pool, spa, natural rock waterfall, and private backyard oasis centered between the home and a separate, fully-equipped guest house.

Our Featured Home at 135 Shawnee Trail is perfect for multi-generational living or entertaining. The guest house features a living area, kitchen, bedroom, and full bath. Three spacious guest bedrooms complete the main house along with an impressive game room/workout room tucked-away upstairs above the oversized 3-car garage.

135 Shawnee Trail is perfectly situated, giving you the best of Celina, yet is only minutes from Preston Rd, 380, and DNT.

Visit the property website for photo gallery and a video tour here.

Download the MLS info sheet for 135 Shawnee Trail.

Related article: 20 Tips for Preparing Your House For Sale…

Thanks for stopping by the Indigo Skye Group blog! Be sure to check the blog weekly for more informational and educational articles about real estate.

 

This Month In Real Estate : June 2018

This Month In Real Estate : June 2018

The Indigo Skye Group is happy to bring you the Real Estate News update for June 2018. Each month we share on our blog and social media networks the latest information and market insights we have available. In this update you get a birds-eye view of home sales, home prices, inventory and the most popular mortgage types and rates.
Here are just a few of the national real estate numbers we’re tracking for you right now. Click to the image below to watch the video.

HOME PRICES

The median home price increased to $257,900 in April, which was up 3.2 percent from March and up 5.3 percent from April of last year. The median home price has increased by approximately $12,900 in the past year alone.

 

HOME SALES

The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.5 million homes during the month of April. This was a decrease of 2.5 percent from March and a decrease of 1.4 percent from April of last year.

 

INVENTORY – MONTH’S SUPPLY

There was a 4.0-month supply of housing inventory in April, which was an increase of 14.3 percent from March. The total number of available homes for sale has decreased by 2.4 percent compared to April of last year.

 

Mortgage Rates

 

 

Related article: Homeowners and Appraisers See Price Increases. 

Thanks for stopping by the Indigo Skye Group blog! Be sure to check the blog weekly for more informational and educational articles about real estate.

Wellness Real Estate is Here and Growing Fast

From personalized wellness programs to fitness-focused apps, luxury homes are focusing on making residents feel better.

We need to take wellness into account in our non-stop paced digital lives. An increasingly isolated and aging population. Rising chronic illness. Climate change. Given the pressures of the modern world, a gym membership and taking the occasional “mental health day” often just aren’t enough to maintain a healthy lifestyle.

One way to achieve optimum wellness, experts and developers say, is by choosing a home that is designed for it.

Real Estate Developers Take Wellness Into Account

A growing number of developers believe a healthier home features are a big pull for buyers. This real estate boom first sought to make office environments healthier. Now it is focusing more on the residential market, according to a new report released by the Global Wellness Institute (GWI).

What makes a “well” home?

Homes that are designed for a healthier lifestyle usually focus on energy efficiency and sustainable construction first, and then look at wellness programs within the community. Indoor components that can make a home healthier may include natural lighting, air quality, proximity to green spaces, exercise facilities, and nontoxic paints and finishes.

The U.S. leads the market share

Wellness real estate has grown to a $134 billion global industry, according to researchers at GWI. The number of residential, mixed use, and commercial properties has risen 6.4 percent annually since 2015. The GWI predicts that health-oriented real estate will continue to grow at that pace through 2022 and reach $180 billion by then. Globally, the U.S. leads the market share in wellness real estate developments.

“We’re becoming more unhealthy as we live longer,” Ophelia Yeung, a senior research fellow at the GWI, told Mansion Global. That has led more people to ask themselves “why they’ve invested their life savings in a home that is not keeping them well.”

Buyer’s are willing to pay a premium for a healthier home

Prospective owners may be willing to pay a premium for a healthier home or community. Home buyers may be willing to pay 10 to 25 percent premiums for homes in wellness developments at the middle and upper end of the market. “There is a recognition that building for human health is going to be the core [value]” in the real estate market going forward, Yeung says. “When you look at it from that perspective, it’s a whole lot bigger than the luxury apartment with the spa, the gym, the swimming pool.”

Personal wellness advisors play a part

At some high-end developments, staff are assessing the homeowner’s health as soon as they move in, Mansion Global reports. For example, condo owners at Canyon Ranch in Lenox, Mass., consult with a personal health  adviser to implement individualized wellness plans, which include on-site physicians, nutritionists, exercise physiologists, behavioral counselors, and spiritual wellness experts.

The mid-market should catch up in 3-5 years

The wellness movement seems to be taking root more in the high-end market, but the lower end of real estate will soon catch on too, Kavita Kumari, principal engineer at Cundall, a London-based multidisciplinary engineering consultancy, told Mansion Global. As the products and materials used in making healthier homes grow in appeal, costs will come down, Kumari says. Yeung estimates that in three to five years, the mid-market will catch up with the luxury segment. Broad consumer awareness about healthy homes is “just being awakened,” Yeung says.

 

Source: Article first published by Mansion Global (June 2018) “Wellness Real Estate Has Blossomed Into a $134 Billion Industry Worldwide—and It’s Growing Fast”.

 

Thanks for stopping by the Indigo Skye Group blog! Be sure to check the blog weekly for more informational and educational articles about real estate.

Related article: “Kids Opinions Matter Big When Buying a Home“.

Kids’ Opinions Matter Big When Buying a Home

A recent survey conducted by Harris Poll and released by SunTrust Mortgage found that “55% of homeowners kids under the age of 18 at the time when they purchased their home said that the opinion of their offspring played a major role in their home buying decision.”

When the results were broken down by the parent’s age, millennials (those 18-36) led the way with 74% of homeowners saying that their child’s opinion was a factor in choosing which home to buy. Eighty-three percent of renters believe that their child’s opinion would be a deciding factor when looking to purchase a home.

So what features in a home are most important to kids?

what kids want in their new home indigo skye group blog

Coming in at 57%, it should come as no surprise that gaining their own bedrooms was the top most-desirable feature of any home for kids, followed by a large back yard to play in at 34%.

Todd Chamberlain, Head of Mortgage Banking at SunTrust explained the reasoning behind the survey,

“As a parent of two kids, I know from experience that including children in the home buying process is not only fun for the whole family, but also educational for our homebuyers of tomorrow.”

Bottom Line

If you’re thinking about selling your home this year, make sure to highlight all the kid-friendly features your home has to offer so that you can sway the real decision makers.

Thanks for stopping by the Indigo Skye Group blog! Be sure to check the blog weekly for more informational and educational articles about real estate.

Related article: “Renters under 50 want to buy a home

 

Homeowners and Appraisers See Price Increases

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5% (or more) over the next twelve months. One major challenge in such a market is the bank appraisal.

Homeowners are seeing prices increase

When prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the same neighborhood that recently closed) to defend the selling price when performing the appraisal for the bank.

Every month in their Home Price Perception Index (HPPI), Quicken Loans measures the disparity between what a homeowner who is seeking to refinance their home believes their house is worth and what an appraiser’s evaluation of that same home is.

March 2015 marked the first month of a three-year gap between what an appraiser and a homeowner believed a home was worth. That gap widened to 2.65% in September 2015 and had consistently hovered between 1.0% and 2.0% through November 2017.

The chart below illustrates the changes in home price estimates over the last three years:

In the latest release, the disparity was the narrowest it has been since March 2015. The gap between appraisers and homeowners was only -0.33%. This is important for homeowners to note as even a .33% difference in appraisal could equate to thousands of dollars that a buyer or seller has to come up with at closing (depending on the price of the home).

Bill Banfield, Executive VP of Capital Markets at Quicken Loans urges homeowners to find out how their local markets have been impacted by supply and demand: 

“The appraisal is one of the most important, although sometimes least predictable, parts of the mortgage process. The Home Price Perception Index is a way to illustrate the differences of opinion. These differences affect everything from the type of mortgage a borrower can get to the expectations a seller has about the proceeds available upon sale of their home.”

Bottom Line

Every house on the market must be sold twice; once to a prospective buyer and then again to the bank (through the bank’s appraisal). With escalating prices, the second sale may be even more difficult than the first. If you are planning on entering the housing market this year, contact the Indigo Skye Group to discuss this and any other obstacles that may arise.

If you are thinking about selling your home, contact The Indigo Skye Group. Understand your options and to find out the true value of your home. To help prepare you, download our FREE printable guide  “2o Tips for Preparing Your House for Sale.”

See more Real Estate market news here.

Featured Property at 19608 Bent Brook Court in North Dallas

19608 Bent Brook Ct Dallas TX Indigo Skye Group

Exquisite soft-contemporary Mediterranean

Featured Property at 19608 Bent Brook Court in North Dallas:
Open floor plan, with marble floors, 2-story entry & windows, and soaring ceilings showcase a beautiful pool, lush palms and backyard oasis. The incredible kitchen-dining-den feature a built-in breakfast area, Euro Cabinets, SS appliances, and an entertaining wet bar peeking out to pool. A luxurious master suite with a rain forest marble master bath, has a private study with a separate entry from the 3-car garage. Upstairs you’ll find two oversize living areas, a media room (theater equipment and seating included with the home), roughed-in wet bar, and a balcony overlooking the pool. Every bedroom has it’s own en-suite bath. New roof and EIFS stucco in 2016. Exemplary West Plano schools. Access to Tollway-190-121, shopping and dining are minutes away.

Offered at $650,000.

  • 5,072 SF
  • Year Built: 1996
  • Bedrooms: 4
  • Total Baths: 5
  • Living Areas: 5
  • Dining Areas: 2
  • Fireplaces: 2
  • Garage Spaces: 3
  • Security System: Yes
  • Pool: Yes
  • HOA: Mandatory, Managed by Moss Creek North – $300 annually
  • Plano Independent School District
  • Elementary: Rosemary Haggar
  • Middle School: Frankford
  • High School: Shepton
  • Sr. High School: Plano West