4 Factors that Affect Your Mortgage Rate
4 Factors that Affect Your Mortgage Rate When the Federal Reserve Board is the agency with the authority to regulate monetary policy. When the Fed determined that the rise in inflation in 2021 was not “transitory,” it began to raise the prime rate to curtail inflation. The prime rate is the foundation upon which mortgage […]
How a Recession Affects The Houston Housing Market
Will a Recession Affect The Houston Housing Market? In a Market Economy, the state of the economy rises and falls frequently; the U.S. has experienced at least 19 recessions in its history. Eleven recessions have happened since 1948—on average, that is once every 6 years. Chances are, you can remember one or more recessions during […]
Houston Real Estate Market Returns Negotiation Power to the Buyer
Houston Real Estate Market Trending to Favor the Buyer The Houston Real Estate Market has been unusually volatile during the last few years; it was almost a perfect storm of variables in a great economy. The housing inventory was extremely low A good economy encouraged folks to consider upgrades, and A pandemic changed the workplace […]
Houston Real Estate Agent: A Real MVP
Will a Real Estate Agent in the Houston Market Sell Your Home Faster? After months of work, you now have your home ready to put on the market. The pre-sale inspection revealed needed repairs and repairs were made. The landscaping has a fresh pop of color; every nick and scuff has been repaired and freshly […]
5 Different Types of Mortgages You Need To Know About
Knowing the Different Types of Mortgages Choosing the right home is very difficult at this point in time since the real estate market is very active and houses sell quickly. Moving quickly on your desired purchase will be necessary and this might bring stress to the process. With this in mind, it is best that […]
3rd Quarter Prices Show Rate Of Increase Slowing
Among all the factors that can help prospective home buyers get an idea of what a particular property will cost them, price is perhaps the easiest to gauge. Things like mortgage rates, potential maintenance and upkeep, property taxes, and insurance are all part of the equation but not as simple to measure as a home’s […]
Today’s Market: By The Numbers
How Long Will It Take To Save A Down Payment?
When asked, most Americans who don’t own a home say they’d like to become homeowners someday. Regardless of current market conditions or the state of the economy, the desire to own a home endures. Part of this is because it helps to build wealth. The other part is homeownership’s long-cemented status as a key element […]
Homes For Sale Stay On The Market Longer
During the spring and summer, homes for sale were selling fast. So fast that the typical home was on the market less than a month. And while home buyers should still expect desirable homes to go quickly, there may be some relief in sight. That’s because, new numbers from the National Association of Realtors show […]
Most People Say They Have Good Neighbors
There are a lot of things you can tell about living in a particular a house from a quick visit or two. There are even some things you can tell just from driving through the surrounding neighborhood. But, while you can know how much available storage a house has or how new the windows are, […]
