May 2020 Housing Report Weston Lakes: In April, the number of Active Listings dropped so low, it was like playing a game of Limbo. “How low can you go”? I believed the number could not go any lower. Well, I was wrong. In May, the Actives dropped even further to just (23). That’s incredibly good news! Even better? There are now (12) homes in Continue Reading
Impact of Coronavirus on the Katy/Fulshear Real Estate Market
OUR LOCAL REAL ESTATE MARKET is driven primarily by 4- forces. In the order of impact, they are; oil, jobs, interest rates and the stock market. Okay, oil plummeted to an 18-year low of around $20 a barrel, unemployment may reach a level not seen since the Great Depression, the stock market is down 30% and interest rates are actually up from recent lows. So, what happened to the market in Continue Reading
2020 Forecast for Fulshear/Katy Real Estate Market
What Does The Future Behold? For most of 2019, the local Fulshear/Katy real estate market stumbled along searching for a clear direction. There were a few twists and turns followed by some relatively mild ups and downs; much like you would find on a children’s roller coaster. Nothing thrilling though, no white knuckle moments nor were loud screams of exhilaration heard. Rather, Continue Reading
“It’s the Most Wonderful Time of the Year” for Buyers
It’s the Holiday Season and the “most exciting time of the year”. Especially for Buyers. Remember, on “Miracle on 34th Street, where little Susan Walker (Natalie Wood) wanted a home and Santa told her “if you believe, dreams come true”. Well, this December, you too can have a “Miracle on 34th Street” ending. There is not a better time to be a Buyer. Just like with “Black Friday” and Continue Reading
All About Kitchen Faucets
Many of us probably don't think about our kitchen faucets often. Therefore, it's easy to take it for granted...at least until it doesn't work or starts leaking. Hopefully, your kitchen faucet is in great working order. However, in the event you start having questions, below you will find the answers to some common questions. Also, there is mention of a new high tech faucet and a video to highlight Continue Reading
New Homes in Fulshear – Helping or Hurting?
October Results For Zip Code 77441: Most, if offered the choice, tend to buy New. Those looking at vehicles, prefer the shiny New one off the Showroom floor rather than a used one off the back lot. And, those that can afford the price tag of a $400,000 Ferrari, definitely want to buy New. Yes, an overused metaphor perhaps, yet this is the same for Homebuyers too. Most, if spending Continue Reading
10 Home Design Trends on the Rise
10 Home Design Trends on the Rise Continue Reading
Fed lowers interest rates again. Will mortgage rates follow?
An article originally published for Inman, a real estate news company, received opinions from economists and agents on how the 2nd rate cut of the year would impact the housing market. Original article by Inman On Wednesday, September 18, the U.S. Federal Reserve announced it would cut interest rates for the second time this year. Interest rates have not dropped since the 2008 recession, so Continue Reading
4 Reasons buyers need to purchase now
Here are 4 compelling reasons why 2019 is a better time for a purchase than 2020 1. Take advantage of year-end tax benefits When a buyer decides to purchase a home this year instead of the next, buyers will see the resulting tax perks sooner. The benefits apply to the current year they purchase, so it will apply to their 2019 tax year filings. Interest paid on Continue Reading
July Results for Fulshear/Katy Housing Market
AT THE MOMENT, it is difficult to determine the direction of the market. With low unemployment, consumer confidence way up and extremely low interest rates; this would normally create an attractive market for both Buyers and Sellers. This is not happening though. The reason being is, both the Fulshear and Katy markets are driven mostly by energy prices. They are down, and this is Continue Reading
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