Houston, the surrounding areas and beyond are loaded with must-have houses for sale in all shapes, sizes and price ranges. In this continuing series, CultureMap snoops through some of the best and gives you the lowdown on what's hot on the market.
One can escape to a bit of New England right in the middle of a Memorial-area neighborhood, where a Cape Cod house, or "cape," is on sale for $3....
What is my home worth?
Your home's value
depends on many factors, including its style and size, amenities, condition
and, of course, location, location, location. In addition, the value of your
real estate investment can be affected by market conditions, interest rates,
supply and demand and the overall strength of the economy. With the Greater
Houston Area experiencing large-scale g...
Here are some of our favorite tips that REALTORS® can provide their clients for a successful and smooth home inspection. You’ll be happy to know that these can be done at little to no cost!
1. Clean out dirty gutters or debris from the roof.
2. Trim trees, roots and bushes back from foundation, roof, siding and chimney.
3. Seal asphalt driveways, if cracking.
4. Clean or replace ...
March Housing UpdateHouston home sales rose again in March, with most of the buying taking place at the higher end of the market. We’ve also seen ongoing strength in the leasing market, which illustrates that many consumers continue to take advantage of available lease property. We are happy that there hasn’t been any further decline in the local supply of homes and are hopeful that new const...
Vacation home sales rose strongly in 2013, while investment purchases
fell below the elevated levels seen in the previous two years,
according to the National Association of REALTORS®.NAR’s 2014 Investment and Vacation Home Buyers Survey,
covering existing- and new-home transactions in 2013, shows
vacation-home sales jumped 29.7 percent to an estimated 717,000 last
year from 553,000 in 2...
unexpected increase in producer prices, the past week was highlighted by
concern over persistently low inflation. Minutes of a Federal Reserve
committee meeting showed that policymakers are leery of continued low
prices, which they believe suggests a slowdown in global economic
Federal Reserve officials expressed concern over this continued low
inflation, a situatio...
The U.S. population is projected to grow by 150 million within the next 40 years and "more compact, mixed-use development" is needed to handle the growth and changing demands, says Patrick Phillips, CEO for the Urban Land Institute."The design and development of urban areas will be radically different in the decades ahead,” he said. “We are seeing a push to make our cities more livable and sustain...
A majority of more than 100 economists and real estate experts say that home prices appreciation in U.S. home prices to be about 3.5 percent in 2014.But with the rising home prices, 56 percent of the economists surveyed had more modest predictions for the home ownership rate. More than half of those surveyed say that in five years the U.S. home ownership rate will likely drop below 65.4 ...
The Houston Real Estate Market is hot! Home values in the Houston area have been rising for the past 12 months, and there is a shortage of available homes for sale. Homes in the Houston market are in high demand and selling quickly. Have you thought about selling your home? If you would like to know the value of your home, I can provide you with a report that provides a wealth of information ...
Fewer first-time home buyers are obtaining mortgages with down
payments of 6 percent or less, according to the National Association of
REALTORS®’ latest Confidence Index Survey. In February, 61 percent of
REALTORS® reported that their first-time buyers had obtained mortgages
with 6 percent down or less compared to 74 percent of REALTORS®
reporting the same in 2009.
“Along with the re-em...
MLS Report for March 2014
Despite low inventory, home sales blossom for a 34th straight month
HOUSTON — (April 9, 2014) — If there’s a depleted supply of homes for sale in Houston, you wouldn’t know it from the market’s new monthly home sales figures. March brought about the 34th consecutive month of positive home sales, despite the record low 2.6-month supply of ...
Attached is an article about Houston's housing boom. Did you know that Houston has more new home starts than the entire state of California? No? Then, take a moment to read the attached article from Culture Map.http://houston.culturemap.com/news/real-estate/04-02-14-boom-on-houston-notches-more-housing-starts-than-the-entire-state-of-california/...
This is the time to move forward on reform of the secondary mortgage
market and finally settle the issue to “bring stability to this market,
which is critical,” explained Steve Brown, president of the National
Association of REALTORS®, following a recent roundtable discussion on GSE
reform at the White House.Brown was among several real estate and mortgage industry leaders who