Before you start looking for a home, you need to pre-qualify for a loan. This process involves a quick analysis by a mortgage officer to see if you have all the necessary financial qualifications to buy a home.If your application isn’t accepted, you won’t be able to pre-qualify for a loan to buy your home right now, but there are things you can do to turn your situation ar...
How to Best Protect Your Home and FamilyDisasters happen everyday. They can be small in nature to large wide scale disasters. One of the best things you can do is have the right tools and resources on hand to handle everyday mishaps to mitigate the damage whether it is physical or financial damage.The first thing you can do is pre-plan. As a homeowner you want to know where your ...
Everyone wants to live in a smart place. But the magic mix that draws
people in is composed of a lot of different dynamics coming together
all at once, according to the National Geographic Channel’s Smart Cities
“A city needs a heart and soul—typically the center, where people
congregate for work and leisure. Smart cities are well-connected locally
and internationally, have a s...
The Texas Eagle Ford Shale play should produce oil and gas for at least about 16 years as better technology boosts drilling capabilities, says a Texas A&M University economist.Harold Hunt, a research economist with the university’s Real Estate Center, said he felt confident about the production estimate for the booming South Texas shale play based on the number of wells that are being drilled ...
WHAT SELLS?The typical home purchased measures 1,860 sq. ft., with three bedrooms and two baths, according to the NATIONAL ASSOCIATION OF REALTORS®’ 2013 Home Features Survey.COST OF LIVINGThe median sales price for U.S. homes is $176,800, according to NAR data.LET’S EAT INHome buyers consider new appliances and an eat-in area the most important kitchen features, according to NAR’s 2013 Home Featu...
A new report from Texas Tech University shows how the Permian Basin is
now one of the biggest oil and gas producers in the world with an
economic impact felt across the country. The report, by energy economics professor Bradley Ewing, was commissioned by the Permian Basin Petroleum Association.
Ewing and his team found that the region has the highest rig count of
any basin or region in t...
Land prices rose a median of 4 percent across the country for the 12
months ending in June, according to the 2014 Land Markets Survey of more
than 600 members of the REALTORS® Land Institute.
About half of the most recent land sales were located in the
heartland, including Kentucky, Tennessee, North Carolina, South
Carolina, Georgia, Alabama, Mississippi, and Florida. About 26 percent
The Houston construction market is firing on all cylinders. In addition
to the hot market segments such as office and light industrial, now
k-12 and healthcare are gaining momentum as well. With the Affordable
Care Act somewhat more “known”, the delayed construction of many medical
facilities is now being planned or is underway. Under the direction of
their leader Dr. R...
Some home owners turned into reluctant landlords and rented out their homes to earn extra income while the housing market was sluggish. But now some of these home owners are ready to sell.
However, real estate agents often caution clients that trying to sell a home when a tenant still lives there can be tricky since many renters — who have no financial stake in the matter — aren’t always so...
Knowing your neighbors may be good for your heart — and not just
emotionally — according to a new study by psychologists at the
University of Michigan. The more social connections you have in your
neighborhood, the less likely you are to die from a heart attack,
according to the study, which was published in the Journal of Epidemiology and Community Health.The study is based on assessments...
You can help save the planet while also saving cash, according to the Alliance to Save Energy. The average U.S. household spends about $3,425 to power a car and $2,175 on home energy costs--in other words, about $5,600 on energy costs per year. That number is likely even greater with rising fuel and utility costs.The Alliance is offering up some pointers on how to trim those yearly expenses w...
The lack of affordable, accessible, and well-located homes is failing
to meet the needs of an aging population and could be the nation's next
housing crisis, a new report suggests.
A new study by the Harvard Joint Center for Housing Studies and AARP
Foundation points to three main issues: The cost of renting and home
ownership is too high; many homes and apartments lack basic
In a seller's or buyer’s market, sellers must be smart or they risk having their property linger longer on the market than they want. Sellers should take caution to avoid the following common traps, according to an article at MSNBC.com.1. Overpricing the home. Home values have dropped considerably since their peak, but sellers still are often tempted to list a home based on what the...
A number of Texas state regulations are in effect that limit some of the powers of homeowner associations (HOAs).Homeowners living in a neighborhood with an HOA now must be permitted to:
Display the U.S. or Texas flag, or flags of military branches. Free-standing flagpoles no more than 20 feet tall are also allowed.
Hang a religious display on the front door. (HOAs can, ho...