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Home Values & Recent Sales

The most recently published posts in the Home Values & Recent Sales category
Recently, I have been flooded with calls and have many clients demanding answers. They are skeptical of homes in our hot Houston real estate market because the asking price varies so greatly from Harris County Appraisal District's value. It's exciting for me to see so many people educating themselves and seeking out information but have found this sometimes causes excess worry. There are a conside...
Read Post [Posted on 07/29/2014 By Lauren March]
RE/MAX CopperfieldPosted on May 10, 2014 by Greg • 0 CommentsRE/MAX Compass is located at the corner of Highway 6 and Logenbaugh directly in front of the Copperfield community. Copperfield is a 2,000 acre masterplanend community about 25 miles northwest of downtown Houston and about five miles south of 290 off the west side of Higway six. Some of the ameniti...
Read Post [Posted on 07/28/2014 By Gregory Nino]
Home values in an area can get a big boost by reducing the amount of violent crime, according to a new study by the Center for American Progress. Communities that reduce violent crimes by 10 percent could potentially see billions of dollars in home price appreciation for the community or about a 0.8 percent increase in home prices, the study says.Researchers found that reducing murders in a partic...
Read Post [Posted on 07/24/2014 By John Askins]
According to surveys, buyers want more environmentally sensitive home features, and they are willing to pay for them. But builders say not enough appraisers are recognizing green’s worth and factoring it into their property valuations. "Appraisers just don't get it," says William T. Nolan, a Florida consultant to home builders. "We can't get them to appreciate the value of net costs. And if w...
Read Post [Posted on 07/23/2014 By John Askins]
With home listings competitive, buyers are looking for a neighborhood that has a greater likelihood of holding its value over the long term. But how do you know what neighborhood is doomed and which will appreciate over time?  A recent article at Bankrate.com says judging a neighborhood’s worth over the long haul comes down to two main factors: Jobs and access to amenities.  For e...
Read Post [Posted on 07/21/2014 By John Askins]
Nearly 80 percent of home buyers say now is a great time to buy a home, but many sellers say it’s still not the best time to sell, according to one studyIn fact, home selling sentiment is still low in some of the hottest markets. As for home buyers, they certainly are still happy happy about low interest rates, although housing prices have risen.  But sellers, on the other hand, are still g...
Read Post [Posted on 07/20/2014 By John Askins]
What makes a city great for older adults? According to a report, the community must offer quality health care, educational and employment opportunities, a strong economy, and transportation, according to the Milken Institute’s Best Cities for Successful Aging Index, which used these among 78 indicators to rank the top areas for seniors. "The traditional notions about retirement, about pulling up s...
Read Post [Posted on 07/20/2014 By John Askins]
Colleges and universities continue to snap up big pieces of property at low prices, hoping that eventually the land will be worth much more.For example, the University of Dayton, Ohio, bought the 115-acre world headquarters of NCR Corp. for $18 million, and the University Delaware bought a 272-acre former Chrysler auto plant for $24 million.York College in York, Pa., bought 28 acres for $5.8 milli...
Read Post [Posted on 07/20/2014 By John Askins]
Home prices are inching higher and mortgage rates are expected to soon follow, and more potential home buyers are weighing whether to jump in this year or risk paying more by purchasing a house later, The New York Times reports.  Home prices are rising rapidly in some areas, particularly the Sunbelt states. The 30-year fixed-rate mortgage is expected to continue to move from re...
Read Post [Posted on 07/18/2014 By John Askins]
As U.S. home prices rise, consumers are once again prioritizing their mortgage payments over paying down credit card debt, according to a report from TransUnion. It’s the first time since 2008 that borrowers have shifted their focus back to mortgage debt ahead of credit card debt. Mortgage delinquencies are falling, too. Following the housing crisis, many home owners were underwater on...
Read Post [Posted on 07/17/2014 By John Askins]
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Read Post [Posted on 07/15/2014 By Susan Greer]
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Read Post [Posted on 07/15/2014 By Susan Greer]
Business Web site Portfolio.com has identified what it considers the best mid-sized markets.The study compared 109 communities with populations between 250,000 and 750,000 in 20 categories, including healthy economies, moderate costs of living, light traffic, pleasant neighborhoods, and good schools.Portfolio.com’s Editor J. Jennings Moss said, "This companion study of best mid-sized places t...
Read Post [Posted on 07/13/2014 By John Askins]
When a Walmart comes to town, critics have long argued that the big-box discount retailer has the potential to lower nearby home values. Researchers decided to test that theory to see if there really is a “Walmart Effect” when it comes to home values. What they found: Nearby Walmart stores can actually drive up home prices. Economists Devin Pope at University of Chicago and Jaren Pope at Brigham Y...
Read Post [Posted on 07/13/2014 By John Askins]
What’s the median monthly mortgage payment of home owners? $1,015, according to the American Housing Survey, conducted by the U.S. Census Bureau. The survey reveals a range of data, from who is living in homes to characteristics of the homes themselves. The survey is conducted only during odd numbered years. 2015 numbers will be available during the next year. Among the survey...
Read Post [Posted on 07/12/2014 By John Askins]
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