Real Estate and Events in Katy TX and Surrounding Communities

Posts tagged ‘Renting’

10 First-Time Homebuyer Mistakes – MSN Money

 This is good advice for the first-time homebuyer, and it is a good review for seasoned buyers.

“A house is probably the biggest purchase you’ll ever make. And, if you can avoid these missteps, chances are you’ll be happy with the home you choose. Are you gearing up to buy your first place? Shopping for a home is exciting, exhausting and a little scary, especially in this market. In the end, your aim is to end up with a home you love at a price you can afford. Sounds simple enough, right? Unfortunately, many people make mistakes that prevent them from achieving that simple dream. Arm yourself with these tips to get the most out of your purchase and avoid making 10 of the most costly mistakes that could put a hold on that sold sign.

1. Not knowing what you can afford.

We learned from the subprime mortgage mess, what the bank says you can afford and what you know you can afford or are comfortable with paying are not necessarily the same. .”

via HOUSTON – KATY AREA REAL ESTATE BLOG.

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Real Estate Market Conditions – Video Update – 07/07/2011

 Here is this week’s market update. Check out the Q & A section, too.

Real Estate Market Conditions – Video Update – 7/7/2011

– NATIONAL NEWS

– MORTGAGE ADVICE

– Q & A

– GET YOUR HOME SOLD

via   HOUSTON – KATY AREA REAL ESTATE BLOG.

Housing Market Predictions 2011: Home Prices May Still Be Too High

Housing Market Predictions 2011: Home Prices May Still Be Too High “by Ilyce R. Glink

What’s the forecast for the housing market for the rest of 2011? My prediction is that the market will continue to suffer for the balance of this year and well into next year. Why aren’t home buyers buying? Maybe they’ve heard the recent spate of bad housing news:”

9 Reasons To Buy A House Now

9 Reasons To Buy A House Now

by Marc Davis

“If you’re planning to buy a house right now, the next few months may be the best time to buy. Waiting for both housing prices and interest rates to fall may not be a good strategy for potential homebuyers since analysts don’t expect any significant declines in these two most important home-buying factors. Here’s nine real estate trends that suggest you should get into the housing market sooner than later. (To learn more, check out 5 Tips For Recession House Hunters)

 TUTORIAL: Buying a Home

 1. Lowest Housing Prices in YearsNobody knows when the housing market will hit bottom, but prices are at their lowest in several years and may soon start inching back up again. So buying now or in the near future may be the right time. An abundance of bargain-priced housing is now available because of foreclosures and falling prices.

2. Interest Rates at a 50-Year LowInterest rates are near a 50-year low, according to housing analysts. By the second week of May, 2011, 30-year fixed mortgage rates had fallen to their lowest rates of the year at 4.63%. Although mortgage rates vary from day to day, the 30-year rate at this level is an attractive inducement to first-time buyers, or buyers who want to either move up to larger residences, or others, including many empty-nesters wanting to sell and move to smaller houses or condos.”

Get the other 7 reasons via Katy and Houston Area News and Events.

GORGEOUS 1.5 STORY OPEN HOUSE TODAY IN CINCO RANCH WEST, KATY MUST-SEE!

Absolutely gorgeous day for a ride out to Cinco Ranch West in Katy. Don\’t miss this beautiful, model-like home. Perfect for a family with school-aged children, a retired couple, or a family looking to downsize. Great location and wonderful neighborhood.

SUNDAY, MAY 15, 2011 – OPEN HOUSE TODAY FROM 1:00 TO 3:00

4506 TREMONT GLEN LN IN CINCO RANCH WEST, KATY TX

$279,000 (Below Market Value)

1.5 Story, 4 bedroom, 4 full baths, 3-car garageRoof replaced 2008Lovely extended stone patio

If you cannot make it out to Katy today, I would be gladto show this home to you at your convenience.Margaret

Affordability to Drive Home Sales Growth

REALTOR® Magazine-Daily News-Economy, Affordability to Drive Home Sales Growth.

Economy, Affordability to Drive Home Sales Growth
Home sales are on track to outperform last year, even though the market doesn’t have the benefit of the home buyer tax credit. This is thanks to sustained economic growth, the slowly recovering jobs picture, and historically high affordability conditions, NAR Chief Economist Lawrence Yun told a packed room on Thursday during the Residential Economic Update at the 2011 REALTORS® Midyear Legislative Meetings.

Although unemployment remains high at about 9 percent, the country is seeing steady job growth. More than 100,000 jobs are being created a month, and the U.S. could see 1.5 million net new jobs this year, Yun said.

Real Estate Market Conditions – Video Update 05-10-2011

Here is this week’s market conditions update:

via Katy and Houston Area News and Events: Real Estate Market Conditions – Video Update 05-10-2011.

NATIONAL NEWS

– Real Estate Outlook: Bernanke on Housing

– Mortgage Moment

– City Report: Remodeling is Heating Up

– Are You Ready to Buy?

– Kitchen Trends for 2011

MORTGAGE ADVICE

Q&A

– Home Inspections 101

– Popular Landscaping Trends

– Modern vs. Contemporary

– Green Living – Low-Impact Homes

– Your Market Conditions

GET YOUR HOME SOLD!”

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