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
Fulshear/Katy Real Estate Market Update
IT WASN'T LONG AGO, that the greater Fulshear Area was a well kept secret. Even many living in Katy had not heard of Fulshear, even less those in inner city Houston. Now, even the local television stations include Fulshear in their news, weather forecasts and traffic reports. Yes, Fulshear is now on the proverbial “map”. Yet, how many would believe the recent article in USA Today that ranked Continue Reading
Consistent Improvement for Fulshear/Katy Real Estate Market
SINCE JANUARY, THE FULSHEAR/KATY REAL ESTATE MARKET HAS witnessed consistent improvement month after month, yet only modestly. Buyers mostly have been “missing in action” though, and both Sellers and Agents have been anxiously searching for them. It’s like a game of hide-and-go-seek, “come out, come out wherever you are”. Yet, in May, the Buyers did just that. Most importantly, the results, on Continue Reading
Fulshear/Katy Area Market Improves Again
ON AVERAGE, WE ARE WITNESSING steady, consistent improvement in the housing market in our area. Since December, each month has revealed a market that is improving and trending upwards; albeit only modestly so. Overall though, the market is headed on the right track. Although the averages indicate a reasonably healthy market, that is not the full “picture”. The current market is Continue Reading
Did The Real Estate Market Improve for Fulshear/Katy Area?
IT WAS A CHALLENGING MARKET for almost all of 2018 and that continued into January of this year. However, February’s promising results provided optimism and March continued the favorable upward trend. So, if two months is a trend, then hopefully, this is the beginning for what may be a much better 2019. March Results For Zip Code 77441: Although Active Listings rose in Continue Reading
What Happened?
February Results For Zip Code 77441: Simply put, the last few months have not been good for Buyers or Sellers. February made a sharp turn though, and the market is now “leaning” in the right direction. However, one month does not a trend make, yet it is pleasing to be able to report a dramatic turn-around with positive results in every category. Active Listing declined Continue Reading
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