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Home sales help drive the economy. A lot of products go into construction of a new home. Lumber, insulation, concrete, appliances, flooring, wall paper, paint, roofing ...to name a few. These products are produced by the manufactoring sector. Hence, when ...[Read More]
The National Association of Realtors, in which I am a proud member of, reported that October home sales rose by 10.1 percent in October. NAR also reported that home inventory is at a 2.5 year low. If you must sell now, it is a good time while there is ...[Read More]
When a home owner is behind on payments and owes more on their property than the property is worth, the seller can ask the bank or lender for approval to do a short sale. The home owner should then hire a realtor who is experienced with short sales to ...[Read More]
From the National Association of Realtors: "Total state existing-home sales, including single-family and condo, increased 11.4% to a seasonally adjusted annual rate of 5.30 million units in the third quarter from 4.76 million units in the second quarter, ...[Read More]
If you are thinking of selling in the next 12 months, now is the time. Current inventory is low. But this will change. We are already seeing signs that seller confidence is increasing due to the recent new tax incentives to home buyers. Buyers have more ...[Read More]
The Senate is considering extending the first time home buyers $8000 tax credit to the end of April of 2010. The proposal from the Senate also includes a $6500 tax credit to present homeowners who purchase a home, and have owned and lived in their present ...[Read More]
Everyone
who knows me clearly knows that I’m no stranger to food. Houston
is one of those cities with exceptional culinary extravaganzas and delicious
eateries. From restaurants with lavish
settings to giant aquariums, you’ll usually find somewhere ...[Read More]
Inspections are an essential component of the Due Diligence period during your Houston home buying experience. The Due Diligence period is also known as your Option
Period or Termination Period. This period provides buyers with the unrestricted right to ...[Read More]
The time of reckoning
has come, as I stand in front of the room and state, "My name is Diego
and I'm an email junkie". The 8X8 or 33 touch program unfolds as I
start to acknowledge the symptoms and the inception of my addiction. An epiphany ...[Read More]
With the DOW back in 5 digit territory, the question remiains, can it sustain its upward trend? Right now it is a psychological lift for investors who are in the market and may send a signal for those on the sidelines to join. Two forces that drive the ...[Read More]
Dewberry Farm opened again on September 26th for their 8th season! Dewberry Farm is located just west of Katy, north of I-10 on HWY 362 and our family goes every year. We have been going here for about 3 years but it just keeps getting better and better ...[Read More]
Why use FHA? Buyers need to have a better understanding of FHA financing solution and confidently see it as a viable option. First time home buyers especially can use FHA financing to their advantage because of the flexibility and accessibility of it. ...[Read More]
The national news tends to make investors uneasy, sellers relentless and buyers get off the bus and throw their hands in the air. As dismal as the present economy on a national level, Houston real estate is coasting by. In part due to one of the largest ...[Read More]
There are some great deals out there for the smart, savy buyer. Maybe you never hear about these bargains because these properties sell as soon as they hit the market. The reason these properties go so quickly is that Realtors have "pre-approved, ...[Read More]
It's October, (as if you didn't know). Due to more government regulations, typical closings are taking from 30 to 45 days. So if you want to to take advantage of Uncle Sam's tax credit, you better hurry! Transactions must close and fund by ...[Read More]
Article from cnnmoney.com "Texas had the highest net migration in the country in 2008, according to the U.S. Census Bureau. As other states suffered through a falling economy last year, the Lone Star State experienced an influx of residents, thanks ...[Read More]
Local Market Monitor, which forecast the real estate market in the US, released its latest Home Price Forecast, covering well over 300 US local markets. The forecast, which predicts local market behavior over the next 12 months, identifies markets where ...[Read More]
I like the way move.com puts it: "Pre-approval means you have met with a loan officer, your credit files have been reviewed and the loan officer believes you can readily qualify for a given loan amount with one or more specific mortgage programs. ...[Read More]
Picture this- a $1 dollar bill that is clean and one that is dirty, old and wrinkled. They are both worth exactly the same. Which one would you rather have? The clean, crisp $1 dollar bill, right? Same goes for your house when listing it. People want the ...[Read More]
Negotiating the sale. In Texas, buyers who have signed a Buyer Representative Agreement with a real estate agent, are represented by that agent. That agreement obligates the agent to work and negotiate in the buyer's best interest. When a seller has ...[Read More]
The National Association of Realtors, which consist of 1.1 million members, is urging Congress to extend the tax credit into 2010 for fist time home buyers. According to RISMedia, "Nearly 1 in 5 (18%) prospective first time home buyers said extending ...[Read More]
Time is running out for first time home buyers as far as the tax credit from Uncle Sam goes. Basically, the tax credit is equivalent to 10 percent of the purchase price of the home, up to $8,000, and applies only to first time home buyers. First time home ...[Read More]
First time home buyers have the opportunity this year to purchase a single family home using several national and state incentives. These incentives include the $8000 tax credit, MCC credits, gift contributions and low FHA downpayment requirements. One ...[Read More]
Buyers are often misinformed or unaware of the difference between being prequalified and being preapproved. As the mortgage industry changes, you hear about new lending and appraisal practices that add to the confusion. Credit score requirements and interest ...[Read More]
Houston real estate is definitely on the rise. Our numbers are getting stronger and the median price range in the upper 160's is getting national interest. Yes, our median price range is not as high as other markets but we aren't just an affordable ...[Read More]
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