Sharon Ketko's "Simply the Best" August 2022

SIMPLY THE BEST

AUGUST 2022

While You Were Sleeping The market changed. Almost overnight. You were “f ixin’ to get ready” to put your home f or sale and partake in our red hot real estate market, and BAM - the world shif ted. Inventory has increased, days on market are ticking up, and multiple offers for every single home are becoming mythological tales of the past. Are you too late?

Or, as a buyer, you were f rantically rushing f rom new listing to new listing, making off ers and getting outbid by the overzealous, and now - interest rates have doubled.

Are you too late?

Will prices come crashing down?

Are interest rates going to continue to skyrocket?

Is the sky f alling?

Breathe. Just for a moment. It’s going to be okay. If you get this magazine, you live in one of the most stable real estate mark ets in the United States. Typically, we plod along with about a 3 to 6% increase a year on our homes.

Nothing too exciting. Certainly not the 29% upswing we enjoyed f rom January 2021 to about May/June 2022. The value of your home has increased signif icantly over the last f ew years. It will continue to increase in value. Just at a normal rate. If you purchased your home in the middle of this craziness, relax. Your home will also continue to increase in value. At a normal rate. Sellers have pushed their homes to the highest 2022 values possible. The market will not continue to bid $5,000 to $200,000 over list price but the value of your home is not coming crashing down. It is still the best time to sell your home. You are still going to win if you choose to sell your home now.

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Buyers, guess what? It is also the best time to buy a home in this North Dallas, Plano, Frisco, Prosper real estate market. Next summer the homes you are looking at will be 3% to 6% higher. You will be able to ref inance if the rates go down or you will have locked in at today’s “low” 5% to 6% interest rate and f ind that the 2023 interest rates are even higher. You still win buying today. As an extra bonus, the inventory is a little better and the sellers will be a little more gracious to you during the transaction. You do need to have an expert in your corner though. Get your f inancing details in order before you go shopping for your new home. Do not allow a novice buyer’s agent to write terms that will never be standard practices for Texas real estate again. Some things have permanently changed. Your offer will still be rejected if it is poorly written.

We can make predictions all day long looking at nationwide statistics but every market is local. There are going to be some homes and areas that still achieve multiple off ers.

Again, real estate is very local. Does the real estate agent that you are considering know the diff erence in selling and buying strategies for your specific neighborhood? What works in today’s real estate market to achieve strong contracts in West Plano versus Frisco, Prosper, Dallas, etc.?

These are all very diff erent markets. You need a local expert with a proven history.

It’s time to wake up in the right home that I know is waiting for you. Whether upsizing or right sizing, call and let us help you with this next season of your f amily’s lif e. We will hang that sold sign in f ront of your home together.

www.SharonKetko.com | 972-841-3110

WILLOW BEND WEST

5965 Carnegie Lane, Plano 5,650 SQFT | BUILT 1995 | REMODELED 2022

$1,699,000 PROPERTY FEATURES 5 Bedrooms (2 Down) | 4 Baths | Huge Corner Lot 3 Fireplaces | Executive Study | Game Room | Bonus Room Pool and Spa | Remodeled Deck | Covered Patio | 3 Car Garage

www.SharonKetko.com | 972-841-3110

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ENCLAVE AT WILLOW BEND

2800 Ryder Court, Plano

$0000 | 4,352 SQFT | BUILT 1994 4,985 SQFT | BUILT 1993 | $1,450,000

WILLOW BEND WEST

5924 Broadmeade Drive, Plano 4,323 SQFT | BUILT 1990 | $1,200,000

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www.SharonKetko.com | 972-841-3110

EDGESTONE AT LEGACY

4001 Ladera Heights Blvd, Frisco APPROX. 4,922 SQFT | BUILT 2020

$1,595,000 PROPERTY FEATURES 5 Bedrooms (2 Down) + Guest Suite (Down) | 5.1 Baths | Game Room | Theater | Study | Putting Green Huge Backyard | Community Pool | 3 Car Garage

www.SharonKetko.com | 972-841-3110

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THE HILLS OF KINGSWOOD

2499 Hazel Stone Drive, Frisco 4,917 SQFT | NEW CONSTRUCTION 2022

$1,400,000 PROPERTY FEATURES 5 Bedrooms ( 2 Down) | 4 Baths | Game Room | Media Room | Flex Space| 2 Wet Bars | Reading Nook | Huge Backyard | Corner Lot | Guarded Community | 2 Car Garage

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www.SharonKetko.com | 972-841-3110

PARKSIDE

2131 Cedar Crest Lane, Prosper 3,893 SQFT | BUILT 2020 | ONE STORY

$1,300,000 PROPERTY FEATURES 4 Bedrooms | 4.1 Baths | Game Room | Computerized Window Coverings | Working Pantry | Tornado Shelter Magnificent Outdoor Kitchen | Pool | 4 Car Garage

www.SharonKetko.com | 972-841-3110

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WILLOW BEND LAKES

2704 Regatta Drive, Plano

$0000 | 4,352 SQFT | BUILT 1994 3,713 SQFT | BUILT 1986 | $1,450,000

MEADOWS OF WILLOW BEND

5805 McCall Drive, Plano 4,661 SQFT | BUILT 1996 | $1,120,000

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www.SharonKetko.com | 972-841-3110

KINGS RIDGE

6909 Crystal Falls, Plano 5,452 SQFT | BUILT 2001

$1,400,000 PROPERTY FEATURES 5 Bedrooms | 4.1 Baths | Executive Library Theatre | Game Room | Wet Bar & Wine Niche | Rock Garden Water Fall | Pool and Spa | 3 Car Garage

www.SharonKetko.com | 972-841-3110

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WHIFFLETREE

3224 Monette Lane, Plano

$0000 | 4,352 SQFT | BUILT 1994 4,352 SQFT | BUILT 1994 | $976,000

WARMINGTON MEADOWS

2600 Serenity Court, Carrollton 3,944 SQFT | BUILT 2011 | $903,000

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www.SharonKetko.com | 972-841-3110

www.SharonKetko.com | 972-841-3110

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ESTATES OF FOREST CREEK

7624 Twelve Oaks Circle, Plano $0000 | 4,352 SQFT | BUILT 1994 4,471 SQFT | BUILT 1990 | $845,000

CYPRESS CREEK ESTATES

2513 Timber Cove Lane, Plano 4,226 SQFT | BUILT 1995 | $1,075,000

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www.SharonKetko.com | 972-841-3110

GLENHOLLOW ESTATES

6316 Brimwood Drive, Plano 3,561 SQFT | BUILT 1993 | PLANO ISD

$675,000 PROPERTY FEATURES 4 Bedrooms | 3.1 Baths | Game Room | Study | Wood Floors | Heated Master Bath Floor | Double Sided Gas Fireplace | Electric Gate Driveway | 2 Car Garage

www.SharonKetko.com | 972-841-3110

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WENTWORTH

4117 Donnington Drive, Plano

$0000 | 4,352 SQFT | BUILT 1994 2,732 SQFT | BUILT 1989 | $625,000

HILLS OF PRESTONWOOD

2717 Prestonwood Drive, Plano 2,947 SQFT | BUILT 2000 | $680,000

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www.SharonKetko.com | 972-841-3110

PARKSIDE RIDGE

3301 Altrick Drive, Plano 2,734 SQFT | BUILT 1998 | CUL-DE-SAC

$645,000 PROPERTY FEATURES 4 Bedrooms (2 Down) | 3 Baths | Slate and Wood Floors | Cul-de-sac | Huge Backyard | Near Arbor Hills Nature Preserve | Freshly Painted | 2 Car Garage

www.SharonKetko.com | 972-841-3110

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PRESTON LAKES

4828 Pyramid Drive, Plano

$0000 | 4,352 SQFT | BUILT 1994 3,692 SQFT | BUILT 2005| $940,000

PRESTON VILLAGE

4832 Durham Drive, Plano 2,339 SQFT | BUILT 2011 | $535,000

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www.SharonKetko.com | 972-841-3110

MIDWAY PARK

6029 Mendota Drive, Plano 2,782 SQFT | BUILT 1998

$585,000 PROPERTY FEATURES 4 Bedrooms | 3 baths | Study (could be extra bedroom) Game Room | Wood Floors | Corner Lot | Cul-de-Sac Park and Greenbelt Views | Pool and Spa | 2 Car Garage

www.SharonKetko.com | 972-841-3110

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"Serving Excellence In Every Closing"

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30+ Years of Closing Experience in Both Residential & Commercial Transactions VISIT US AT OUR BEAUTIFUL NEW PLANO-LAKESIDE OFFICE

5809 PRESTON ROAD, SUITE E580 | PLANO, TX 75093 | 972-588-1700 T H E LA RG E S T INDE PE NDE NT TI T LE CO MPA NY IN T H E UNI TE D STATES. MOR E TH AN 1 00 O FFICES ST AT EW IDE. D A L LAS B ASED. FAMI LY OW NED .

WWW.CTOT.COM

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www.SharonKetko.com | 972-841-3110

4021 Preston Road, Suite 614, Plano TX 75093

The real estate market in North Dallas is competitive and demanding. Whether you are buying or selling a home, your success depends on the agent you choose to help navigate the process. Falling into voicemail and text purgatory does not need to be the norm. Expect more from your real estate professional.

We provide the best of what real estate can offer, where new technology meets traditional customer service. My state-of-the-art “brick and mortar” location is designed to serve our most valued clientele in the heart of North Texas’ booming economy.

We are easy to find in Lakeside Market on Preston Road. Please stop by to visit and pick up the latest edition of my book, Seven Secrets to Selling Your Home, or call for your complimentary market analysis.

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www.SharonKetko.com | 972-841-3110 www.SharonKetko.com | 972-841-3110

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Please note that this publication is not intended to solicit property currently listed.

This offering is subject to errors, omissions, price changes, prior sale, or withdrawal without notice.

SharonKetko Broker 972.841.3110 sharon@sharonketko.com

Wally Elibiary Fairway Mortgage | 214.563.3368

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Jacquelyn DeMoore

Norma Oronoz

Realtor | 214.244.4333

Realtor | 469.766.3636

Annick Gunn

Patricia Smith

Office Manager | 972.841.6327

Marketing Director | 972.841.6327 469.644.3684

Dominic Trolio

Loan Officer | 469.609.0519

www.SharonKetko.com | 972-841-3110

Haider Rehman

Client Specialist | 972.841.6327

PRESTON COVE

4456 Birdsong Lane, Plano 2,187 SQFT | BUILT 1984

$525,000 PROPERTY FEATURES 3 Bedrooms | 2.1 Baths | Corner Lot | Butler’s Pantry Game Room | Luxury Vinyl Plank | Fireplace | Plantation Shutters | Fireplace | Window Coverings | 2 Car Garage

www.SharonKetko.com | 972-841-3110

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