How to Choose the Right Window Shades (15 photos)

Thinking of installing shades? Here’s a look at all the different types to choose from to help determine which ones are right for you:
[green_message]Source: http://ift.tt/1J94if5 [/green_message] Follow me on Facebook at http://ift.tt/1afN8wr

Posted in houston real estate | Leave a comment

Homebuilders just got the best news in nearly a decade

With millenials expected to strike out on their own in 2015, housing construction is set for a big rebound!
[green_message]Source: http://cb1.so/52209/1005005/fp [/green_message] Follow me on Facebook at http://www.facebook.com/pages/p/147447351963529

Posted in houston real estate | Leave a comment

Real Estate Poll

Are you currently seeking a new home? Do you need a space for a home office? Click LIKE if the answer is YES!
[green_message]Source: http://ift.tt/1ujt80F [/green_message] Follow me on Facebook at http://ift.tt/1afN8wr

Posted in houston real estate | Leave a comment

5 Healthy Hacks Your Takeout Meals Need

Feel guilty about getting takeout? Busy schedules can get the best of us and our appetites. These tricks can make your food-to-go healthier:
[green_message]Source: http://ift.tt/1GppKrV [/green_message] Follow me on Facebook at http://ift.tt/1afN8wr

Posted in houston real estate | Leave a comment

MO House / Gonzalo Mardones Viviani

This home is buried into the side of a cliff to leave the view of the sea unimpeded for passersby. How do you like its white facade?
[green_message]Source: http://ift.tt/1Bwn9OS [/green_message] Follow me on Facebook at http://ift.tt/1afN8wr

Posted in houston real estate | Leave a comment

Are Home Buyers Being Priced Out of the Market?

 

 

Are home buyers being priced out of the market?

The answer to this question depends a lot on where you live. All real estate is local. In many markets, homes have seen a 10+% increase in value in the last year. Many homeowners, in severely impacted markets, that were “under water” (meaning that they owed more than the home is worth) are seeing a return to having some equity in their homes.

Click here for an excellent article from “Money Talks News” about this very subject.

Here in my local market – which is mainly the inner-loop neighborhoods of Houston – the issue of inventory is causing more problems than pricing.  We currently have approximately 2.6 months of inventory.  This means that if no more homes came up for sale, then the current number of homes available would be sold out in 2.6 months.  An inventory of six months is considered a stable market, meaning that the market is neither a “buyers market” or a  “sellers market”.  The average months inventory for the US is 3.5 months, so the lack of inventory is a nationwide issue.

Click here for the March 2014 real estate stats for Houston.

Single Family

The good news for home sellers is that if you are considering selling your home, and if you don’t get greedy and you price it right, you will most likely get top dollar and possibly multiple offers.

The good news for home buyers is that interest rates are still historically low.  The days of interest rates in the 3’s are gone, but even rates in the high 4’s is still considered excellent when compared to rates from the past (remember 19% anyone?).

30 year mortgage rates 1910-2010

The bad news for both buyers and sellers is the lack of inventory.

What are your thoughts?

Posted in "houston real estate", buying a home, Housing Inventory, Houston, houston real estate, inner-loop market, mortgage, mortgages, real estate, sales, selling a home, Texas | Tagged , , , , , , , | Leave a comment

3 Trends that Could Influence Housing Inventory in 2014.

housing-inventory-2014-influencing-factors-home-prices-equity-new-homes

Inventory, or rather lack thereof, has been a big issue in many markets across the country. This has been especially true in Houston as well, where inventory is at historic lows.

Here is a great article about what we might possibly see happen with inventory in 2014.

3 Trends That Could Influence Housing Inventory in 2014 – from Houston Agent Magazine.

What are your thoughts?

 

Posted in "houston real estate", buying a home, Housing Inventory, Houston, houston real estate, inner-loop market, real estate, selling a home, Texas | Tagged , , , | Leave a comment