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Mortgage rates are influenced by various factors, some of which are determined by the Federal Reserve policies, economic indicators, and housing market trends. Understanding these factors is crucial for homebuyers who are planning to purchase a house in 2024. Federal Reserve Policies The Federal Reserve is responsible for setting the federal funds rate, which is the interest rate that ba...View More

If you're looking to buy a home in 2024, it's essential to understand the impact that mortgage rates can have on your finances. The interest rate on your mortgage loan can significantly impact your monthly payment and the overall cost of the house. Therefore, it's crucial to stay informed about the factors that influence mortgage rates to make an informed decision. As of February 2024, the av...View More

Are you a real estate agent seeking to expand your rental inventory in Houston, Texas? Well, you're in the right place! To get started, you must have a solid understanding of the local rental market. Conduct thorough research on rental prices, vacancy rates, and tenant demographics in various neighborhoods to determine where to focus your efforts. Once you understand the market, it's time to in...View More

Top 10 Advantages Sellers Have In This Real Estate Market   If you are a seller in this real estate market, you are at an advantage. There are several benefits that you can leverage to make the most out of your property sale. Here are the top 10 advantages that sellers have in this market: Limited inventory: With fewer homes on the market, you can potentially sell your property for...View More

Finding the best Houston Texas real estate investment is easy if you know what to do. The city is a dynamic market, requiring careful consideration since it offers numerous opportunities. But don’t worry, as you’re in the right place. You can use the following tips to craft a strategic plan to navigate the real estate market and find the best property investment. 1. Research Neighborhood...View More

Are you considering choosing between Houston Texas real estate and the stock market to build wealth and secure your financial future? You're in the right place since Houston, Texas, has a vibrant economy and growing real estate market. But you may wonder how the real estate market compares to the stock market. Keep reading to learn more about it and make the right investment decision. Housto...View More

Property transactions can be intricate, needing the help of experts like Houston Texas real estate agents. They can help connect buyers with sellers besides knowing the ins and outs of the dynamic housing market. But how much do real estate agents make in Houston, Texas? With their role, expect that they receive sufficient earnings. However, some factors can affect their income, and you can lear...View More

Understanding the Future of Real Estate in Houston The future for REALTORS in Houston, Texas is promising as they continue to play a crucial role in providing objective and neighborhood-specific data to potential buyers. They have the knowledge and expertise to deliver insight into the housing market, helping buyers make informed decisions about their real estate investments. REALTORS in Housto...View More

Understanding Kitchen Remodeling in Houston, Texas Remodeling your kitchen in Houston, Texas can be an exciting and rewarding project that adds value to your home while creating a space that meets your specific needs and style preferences. From selecting the right materials and appliances to optimizing the layout and design, there are several key considerations to keep in mind when embarking on...View More

The Houston real estate market is an important sector of the city's economy, attracting both local and foreign investors. According to recent market reports, the Houston real estate market has shown resilience and steady growth amidst economic uncertainties. This is largely due to factors such as the city's strong job market, affordable housing options, and favorable business environment. Addi...View More

A slowdown in the Houston, Texas, real estate market in 2022 has resulted in speculations that a potential real estate crash is ensuing. Whether you're a home seller or a buyer in Houston, Texas, this speculation may have left you on edge. Before you drop everything and transfer all your real estate assets to another city, taking a breath is crucial. Better gain a comprehensive understandin...View More

Looking for a good real estate market in 2024? Whether you're a seasoned investor or a first-time homebuyer, the Houston, Texas real estate market stands as a beacon of opportunity. Many experts expect that 2024 will be a more balanced and stable market for Houston, Texas, real estate—and for many good reasons. Keep reading to learn the top two critical projections for the city's real est...View More

Houston, Texas real estate is one of the thriving markets you must consider if you want to grow your investment. The city is continuously growing for years, and no signs indicate that it's slowing down. There are many reasons why this is so, so keep reading to learn more about why you should delve into the Houston, Texas real estate market. 1. A Robust Economy Economic growth is one of the t...View More

“If you’re thinking about buying or selling a house right now, you’re not alone.” That was the opening declaration in last Tuesday’s essay from the New York Times best-selling author and host of “The Rachel Cruze Show.” Her insights into personal finance and “fun, practical ways to take control of your money” reach millions of listeners who tune in weekly. Although she pref...View More

“Do as I say, not as I do!” is the famous line sometimes imputed to parents, but always meant to indicate that the speaker either a) is honest (and willing to admit making plenty of mistakes); or else b) is a hypocrite. In that vein, for Houston Realtors® like myself, this summer’s statistical inclusion of a key “tell” about residential real estate professionals can be taken as a...View More

“If mortgage rates weren’t enough,” began last week’s CNBC.com commentary, “it was even harder to qualify for a mortgage in July…” That dour introduction was followed by a series of Eeyore-worthy observations. Lest Houston house hunters—many of whom will soon be among home loan seekers—take the discouraging news as catastrophic, it’s only fair to point out that the national...View More

Last week, Elon Musk was in the news again—this time for a housing prognostication that immediately prompted sharp counters from industry experts. Twitter’s new owner tweeted that he expected the hard times currently being experienced in the commercial real estate sector would be followed by the same result in the residential sector. If his crystal ball is clearer than it was when he paid ...View More

If there is even a sliver of a chance you will add your home to the Houston listings any time within the foreseeable future, there is one key feature that’s all but impossible to improve quickly when it comes time to sell: the lawn. Even though it can be key to framing your offering in a positive light, when your attention is focused elsewhere on your home’s myriad décor and mechanical fe...View More

When you thumb through this year’s comprehensive housing report on the identities and motivations of U.S. home buyers and sellers, you are reminded anew of how wide-ranging the results turn out to be. It’s a truism among Houston housing industry professionals that you can’t predict just who the ultimate buyer of any property will be—young, old, in-between? It is wisest to create a mark...View More

Clicking on an unfamiliar computer icon last week triggered one of those new Artificially Intelligent bots to offer its services. The message that popped up was generous: “Ask me anything!” Since the topic of the day had been disagreements about the direction Houston home affordability was exhibiting (CBS News had just headlined “Affordable homes in the U.S. are becoming fewer” whil...View More

When you first move into your Houston house, thinking about selling it is far down the list of what’s on your mind. That is as it should be: the enjoyment of that first stroll through the rooms that are finally yours is the culmination of a great deal of effort. No matter how many homes you ultimately own, it’s an occasion to savor for all time. But what you decide after your initial ‘m...View More

A brief review of the national picture is more encouraging for Houston home sales than has often been the case of late—but is also a bit of a mixed bag: • Existing home sales reversed a 12-month decline by rising a strong 14.5% in February, which marks the largest increase since mid-summer of 2020. • The National Association of Realtors® announced a housing inventory of 980,000 units at...View More

Houston weather doesn’t always behave as we’d like, so it’s one of those enduring givens that inclement conditions are possible when you are getting ready for an open house or your Houston home showing. To some degree, the more flexible scheduling that goes with individual showings can usually help you dodge really crummy weather—but not always. Every veteran Realtor® can tell you tha...View More

At the tail end of the workweek, CNBC added its voice to the pack of observers who have decided that residential real estate is now less likely to suffer a sustained downdraft. Shortly after noon on Friday, CNBC released Emmy award-winner Diana Olick’s commentary on U.S. home prices “as mortgage rates fall.” For area homeowners who have hesitated to list their properties lest they face a...View More

Much of the media spent last week exploring the topic of Artificial Intelligence—with mixed opinions about whether it will turn out to be a boon or a curse to Mankind. Much of the discussion focused on AI-generated writing, which some students were already trying to pass off as the product of their own research. One example was a robotic essay answering the question, “What are the chances t...View More

Last Saturday, while media attention was largely fixed on preparations for a pleasantly warm-weather New Year’s eve in Times Square and predictions about the year to come, it was also the moment for backward-looking “roundups” of 2022. Joining the crowd was Realtor® Magazine, offering its look at how residential real estate fared throughout last year. For all who follow residential real...View More

More than a few Houston residents see the first days of January as annual invitations to invent (in the lexicon of self-help gurus) “a new you.” A concerted effort to follow through on a New Year’s resolution is one way to prevent falling prey to the darker moods that winter’s shortened daylight hours can foster in many people. Another approach—one with Houston real estate implicatio...View More

Here’s hoping that your 2023 Houston New Year brings health, happiness, and prosperity your way—as well as renewed confidence that fewer headlines will have us doing double-takes. Whether or not you pine to reenact the America of yesteryear, a little more predictability than 2022 provided wouldn’t be a bad thing. As for plotting the course of your 2023 Houston real estate dealings, the ...View More

The national press has fallen into the habit of treating almost every piece of news dealing with U.S. real estate as an all-too-predictable blow to the economy. Last week provided a welcome break in the pattern, as area residents who’ve been following mortgage rates in Houston found little to gripe about. CNBC’s headline, “Mortgage rates fall for the third straight week…” was a good ...View More

Some effective listing descriptions almost write themselves. This can happen when the property itself is unique in ways that elicit uniform reactions from visitors. “It’s so much bigger than I expected” is what you might hear about one home with unusually high ceilings; its listing will be sure to make the most of it. Since there are only so many adjectives that accurately depict any rea...View More

Buying the right Houston house—one that not only appeals to our innate preferences but that will serve to satisfy all the practical living requirements that the future holds—is a challenge that all of us will face as we look toward our golden years. As many seniors ruefully acknowledge, simply staying put in the family house can gradually lose its allure as kids move out and maintenance ch...View More

Of all the changes that technology has brought to how Houston real estate transactions are conducted, one of the advances that many thought would literally transform almost everything arrived with the introduction of iBuying. The theory behind it was simple enough. Well-funded companies would use computer programs to estimate Houston residential property values, then pay cash to buy the homes ...View More

Creating the language that makes Houston listings sparkle is a skill that advances over time, but for even the most practiced, it’s at its best when it achieves a judicious mix of creativity and restraint. When the restraint part is momentarily abandoned, the results can be disconcerting. This was the amusing takeaway from a now-famous review of listing language that graced the pages of the...View More

The folks in the northern states (and even down into Kentucky) who have sugar maple trees on their properties have the old-fashioned option of supplementing their incomes by tapping into the sap. Boiling it down takes a lot of energy, but the maple syrup is highly saleable. Many Houston homeowners don’t need to turn to agribusiness to have an alternate option for raising cash in a pinch: tap...View More

“Bargain” is a word that can get your attention¬—particularly right after you’ve just paid off a round of the latest utility bills. But it’s useful to remember that it has become a term that’s been largely hijacked by the ad world. It’s also fairly meaningless unless there is something with which it is being compared. This month there appeared a real estate example that could i...View More

One Houston Thanksgiving is the appropriate number of turkey days. Two Thanksgivings would not only result in needless overexposure to your most irritating relative—it would also be a textbook example of inflation economics: twice as many feast days chasing too few turkeys. Pointing this out wouldn’t normally be necessary were it not for what happened in 1939 and how close we came this ye...View More

Veteran Houston homebuyers won’t need to spend much time reading the following—they’re already familiar with the stack of documents that accompany a closing. At closing, they had only to sign on the dotted lines (they aren’t actually dotted—but never mind). By then, their Realtor® (ideally, that’s me) has acquainted them with the sheaf of papers they are finalizing—so the followin...View More

The past week brought a broad range of properties debuting on the luxury home market. For local owners of Houston luxury homes, two examples demonstrate that sellers are confident that buyers are out there for an extremely broad range of offerings. From Manhattan, long a bastion of high-end real estate, comes the Journal’s report on “The Priciest Home in America.” It acknowledges that Man...View More

Passenger's 'Let Her Go" is a song that only caught on years after it was first recorded— ultimately becoming a #1 hit in 22 nations. Houston FM and satellite stations are still playing it:: But you only need the light when it's burning low Only miss the sun when it starts to snow It's hard to argue with the way we humans validate those lines. It could easily apply to area homeowners who di...View More

Houston utility bills are headed upward—with nobody expecting them to head in any other direction. Last week, the Bureau of Labor Statistics reported that their Energy Index increased 32.9% for the year ending last month—and that was the good news, since June’s 12-month increase had been 41.6%! Houston utility bills didn’t need to match those pain-producing national averages for the writ...View More

As the week ended, anyone who switched on a TV or radio or checked in on one of the financial websites was greeted with a term that hadn’t been seen before: “housing recession.” CNBC.com’s “housing market slides into a recession” was typical, as was MarketWatch’s “America has entered a housing recession, builders and brokers say.” Even Realtor Magazine joined the chorus with �...View More

For anyone who owns (or plans to own) Houston real estate, last week's Federal Reserve interest rate hike came as no surprise. Even the unusual size of the raise was expected. At 75 basis points (civilians think of that as ¾%), it fell in line with universal expectations. It was what happened next that perplexed many. Considering the past two Fed actions together, Wednesday's move lifted the J...View More

It's been a while since we've read headlines like CNBC's "Home sellers are lowering their prices at the fastest clip since 2019." Seller's market conditions have made "bidding wars" a more common topic—and for the most part, there remains a seller-friendly, below-average supply of homes for sale throughout the nation. Still, reports that the upward movement of sale prices has begun to flatten ...View More

If you’ve never heard anything about houses made of mushrooms, it’s understandable if your first mental image is of something like a cute, top-hatted cartoon elf posing proudly in front of his bright red polka-dotted cartoon mushroom-domed cottage. So, when the Wall Street Journal features “fungi” as leading contenders to become tomorrow’s leading building materials, it’s clear that ...View More

For everyone responsible for handling their Houston household expenses, the steady barrage of inflation examples is changing long-standing buying patterns. Their own latest experiences at the gas station or supermarket are impossible to ignore—most local Houston householders hear the latest percentages and mentally confirm them. When the official government figures were in the low single di...View More

For those who keep a close watch on the outlook for Houston real estate, finding the upside amidst last week’s raft of less-than-cheery economic news was a tall order. Let’s face it: after years of buoyant tidings and record-setting Houston real estate advances, few had doubted the certainty that some retrenching was certain to come about at some point—the storm warnings had been there. E...View More

Residential real estate’s high end—including Houston’s luxury home market—was the subject of a thought-provoking assessment that appeared at week’s end. It was offered by Mansion Global—a Dow Jones publication that targets the international “high net worth audience.” Although at first blush the article, “No Immunity for Luxury Sector From Biggest Interest Rate for U.S. Since 19...View More

Summer finally becomes a reality on Tuesday—as opposed to Memorial Day weekend, which eager beavers in the media like to pretend was the kickoff to summer. Realists don’t agree—they believe that falling for the "unofficial start of summer" line means giving in to one of those unsavory impulses Mother warned us about (like shaking hidden birthday presents to guess what we're going to get, o...View More

When it comes to your own Houston real estate holdings, so long as a sense of proportion is retained, keeping up with fashion writers’ latest opinions is usually a harmless pursuit. So it was that the publication on March 31 of Betty Stefanova’s “5 Interior Design Trends that will Disappear this Year” seemed worth checking out. After all, the abrupt termination of a trend could be cost...View More

For the local homeowners with Houston homes for sale, last week’s real estate news was filled with encouraging details. Headlines like “Home-Price Growth Accelerated in January” (the Wall Street Journal), “Home prices skyrocket 19.2% in January” (CNBC), and “Condo prices hit all-time high: Redfin” (TheRealDeal.com) were prominent across the media, with reportage emphasizing signs...View More

No one needs to remind Houston homeowners of the impact inflation is having. Anyone who shops for groceries is fully aware of its effect, as are many grumbling gas station patrons. You would expect that Houston real estate would be among the affected categories—and although that is true, it’s clear there is more than just inflation going on. If February’s official 7.87% inflation figure...View More

Given all the publicity given to supply chain disruptions, energy prices going bonkers, interest rates heading either slightly or not-so-slightly uphill, etc.—with all this going on—why are we also hearing that now is such a good time to sell? Especially if there is no pressing reason to compel a move, why would you choose now as a prime time to sell your Houston house? Wouldn’t it be mo...View More

“Stress” and “stress avoidance” are pop psychology topics that have gotten a lot of attention lately, much of it deserved. If you ask anyone about how “moving day” rates among life’s stressful events, it’s surprisingly up there near the top. University Hospitals lists “Moving” as #3 (right between “Divorce” and “Major Illness or Injury”). This is unnecessary. Unlik...View More

Homeowners who choose to live where the climate is mild have always been able to enjoy more of the year outdoors. As a result, you’d think the value they place on their property’s yard and garden space is greater than what’s reckoned by those in frostier climes. Now a just-released poll could bring that assumption into question. It turns out that, at least in 2022, more Americans—north ...View More

The rationale behind U.S. housing’s rising prices has been nothing if not consistent. The tale has been all about the supply/demand imbalance—a textbook example that makes perfect sense for everyone with a smattering of free-market economics. For those who have been tracking the number of Houston listings, that’s why last Thursday’s release from the Census Bureau seemed to make no sens...View More

How to find and buy your first home is one subject that high schools decline to teach. An online canvass of theories why this is so yields two main lines of thought. The first is that it is one result of a conspiracy to keep young people from making smart financial decisions. Not clear is who the masterminds behind this might be, nor how they would stand to benefit. The second theory is more...View More

Special Blog Request Provided by: Jessica Franklin with Community Outreach A Guide to Senior Storage If you are a senior moving into a senior residential living community, or if your family has a senior loved one who is planning such a move, there's a lot to take care of beforehand. One of the major things to work on is finding storage for furniture and other personal items that cannot stay in ...View More

It doesn’t exactly roll off the tongue: this new real estate “first” reported on by the Wall Street Journal last Tuesday. It was the kind of ‘break-through’ that sounded like it belonged in a footnote to an investment banker’s annual report. Nonetheless, for one segment of Journal readers who also happen to be Houston real estate investors, the topic and the phenomenon it described...View More

Last week, the national real estate news was not likely to provide much guidance for local buyers or sellers. The “story” was simply too convoluted. On Friday, the “LATEST NEWS” from the National Association of Realtors® looked like this: • Median existing home sales prices were up 15.4% over the previous January’s. • The sales volume in the same year-over-year comparison drop...View More

The title of the online video tour that posted earlier this month is “Touring the MOST EXPENSIVE HOUSE in the United States.” The house in question has been profiled before, but not like this. But before you click on Enes Yilmazer’s version, be forewarned that this is no brief highlight reel. It’s more than 40 minutes long, but unlike many long-winded video tours, it’s hard to tear y...View More

Last week, U.S. News & World Report brought up an issue that today’s Houston home buyers should be aware of: the possibility of an appraisal gap. It can be a sticking point, even when everything else about a given Houston home’s sale seems to be falling into place. The article opens with an understatement about today’s buyers: “many people are financing their home purchases.” That’s...View More

When you find yourself in a maybe-I-should-list-now or maybe-it’s-better-to-wait standoff, the latter is the decision that usually wins out. The reason is what the high school science teachers told us was “momentum.” When ‘list now’ and ‘list later’ signals are equally compelling, the roll-up-your-sleeves positive energy that’s so useful when you finally do put your Houston hou...View More

Throughout the U.S., the average value of a single-family residence has grown by double digits for more than two years. Area homeowners have been rightly pleased to see how rapidly their own home’s market values have continued to appreciate. With increases at those levels, it’s only to be expected that sellers are delighted—but buyers, less so. One of the inevitable fallouts is that buy...View More

The decision to go ahead and list your Houston house is often governed by personal and professional developments, but when the timing isn’t dictated by individual circumstances, the performance of the real estate market in general can be decisive. When a pronounced downturn is in the headlines, most homeowners will hold off for a while. Likewise, when a healthy market is being widely ballyho...View More

For a large number of prospective homebuyers, the feasibility of the transaction depends on the terms being offered by the home loan originators. Once you delve into the range of possible home loan offerings, you soon find that a large proportion of special benefits are being made available only to first-time homebuyers—who may also qualify for financial help through various government-spons...View More

For many younger local residents, any sense of urgency about buying their first Houston home has probably been shelved for a while now. The pandemic necessitated putting many a long-range plan on hold—and even after the initial disruptions had faded, it was often replaced with a natural impulse to wait to see what the ‘new normal’ would look like once the health threat subsided. As for b...View More

Down through the ages, land ownership has been synonymous with permanence, stability, and substance. Buying a piece of property also carried a measure of “belonging” since owners are automatically deemed to be members of the community (their tax bills prove that)! The feeling of substantiality that goes with owning a parcel of Houston land is part of its appeal—hence, the real that is p...View More

The latest Consumer Price Index registered a 12-month rise of just 5.0%. For many Houston homeowners, that percentage is hard to square with the prices that keep ringing up at local gas stations. Five percent inflation doesn’t seem to match what’s been happening to a dollar’s purchasing power. But actually, the CPI number isn’t deliberately deceptive. True, Houston residents have exp...View More

With U.S. home prices at record levels, it’s reasonable to speculate about the future of Houston real estate—particularly whether it’s such a good idea to buy right now. Most everyone recalls the last time real estate prices set records—and the drop-off that followed. Once the U.S. market hit bottom, even though history teaches that it was an ideal time to buy, most regular consumers ...View More

  Like all fashion trends, Houston home décor styles come and go—something that can prove troublesome when it comes time to sell your home. Dealing with the master bath’s wallpaper (the one with a motivational saying whose stylish font had such a modern feel 15 years ago) may be an easy fix—but abandoning a formerly trendy rolling barn door room separator can involve a good deal...View More

Houston real estate wisdom tends to agree with verities from other realms. When you consider the size of real estate transactions in general, it’s logical that it would be hard to keep any truly valuable observation secret for long. Even so, there are exceptions to the rule. One of them is based on a complicating factor—namely, that when a perceptive move seems to be illogical (and theref...View More

You can rightly say that Houston home bargains are still out there—but not without an asterisk. For local house-hunters who’ve been warned about a shortage of homes for sale, that should come as welcome news—but that does neglect to mention that the meaning of ‘bargain’ has stretched appreciably. No matter how elastic your definition, Houston “bargain” homes in today’s market ...View More

The passage of the massive American Rescue Plan Act last week gave those who plot the ebb and flow of Houston housing activity much to ponder. Even without the Act, most observers already expected that by the end of spring, the majority of the U.S. economy would be undergoing a healthy recovery due to the escalating rollout of the COVID-19 vaccines. It was predictable that the Act's injection ...View More

When you’ve been in the same home for quite some time, selling your Houston house to today’s buyers probably means studying market preferences that differ somewhat from those that were current the last time. If you check up on the Top Ten lists of features buyers value, you find that what people say they will pay a premium for does, indeed, change. You can trace more specific examples of th...View More

“For Sale by Owner” (FSBO) enthusiasts certainly hoped that the ascendancy of the Internet would be just what the doctor ordered to catapult their endeavors—and why not? Once Houston buyers were free to do their own searches on the web, the listing information that professional real estate companies had previously controlled would be available to all. But just as Wall Street’s Pet.com ...View More

We keep reading about the widespread shortfall in U.S. home listings—usually credited for the steady rise in prices. For the typical Houston homeowner inclined to sell anyway, you’d think those conditions are reason enough to add their property to the Houston listings. It seems unlikely. Evidently, there is a shortage of sellers willing to put their homes on the market, yet the latest U.S...View More

If you have anything to do with keeping the constituent parts of your Houston household in good running order, you’re probably familiar with Consumer Reports magazine and its website. Year in and year out, their technicians run thousands of household products through their testing laboratories, subjecting them to merciless stresses designed to simulate the effects of years of wear and tear. ...View More

You can bet that just about every one of the Houston homes currently for sale is owned by someone whose wish is for a rapid sale to a buyer who will be delighted that their offer was accepted. For this happy tableau to play out in reality, it’s only necessary that the Houston home for sale has been described fully and accurately, that the prospective buyer has thoughtfully assessed that info...View More

For homeowners weighing the pros and cons of adding their homes to the Houston listings, the ‘pros’ are substantial. The steady national rise in home prices indicates a healthy market—one significant “pro.” The latest national existing-home sales price figures confirmed a median rise of 14.6% over the previous year—the 105th consecutive month of price gains across all regions. Ano...View More

About this time every year, the question for house hunters is whether to delay their serious shopping until the anticipated springtime upsurge in Houston homes for sale. Almost every year, when the weather begins to warm, the springtime ‘For Sale’ signs blossom. One school of thought has it that the wider selection favors buyers—it means more sellers will compete for their attention. On ...View More

The season for New Years’ Resolutions is barely underway, but if history is any guide, many have already met their Waterloos. For future Houston homeowners resolved to make this the year they make the leap from renter to homeowner, there are some incremental moves that will make that leap less daunting. Here are three: 1) Starting now, keep monthly tabs on your credit profile. The three credi...View More

Houston residents who dutifully set their clocks back an hour last Saturday night may have been grateful for the extra hour of shuteye—but if they've been reading what shrinks and biologists are telling the Wall Street Journal, they probably spent the extra hour tossing and turning. The Journal's "Why the Time Change Is Trickier When Working from Home" provided a new reason to append some ad...View More

Sometimes, the timing for when to list your Houston home is pretty much dictated by circumstances. Whether they be personal or professional changes that call for a move, when to list is (as politicians say) "baked in." When to list can't be rescheduled. When that isn't the case—when the timing is solely up to you—there are two ways to look at the decision. One of them is controversial. Con...View More

Every profession creates them—an ever-expanding vocabulary of specialized terms, followed by the list of acronyms they spawn. Houston real estate is certainly no exception Fortunately for the numerous house-hunters who have been out prospecting for Houston homes this fall—and for the homeowners whose properties are their quarry—there’s really no need to memorize them all. Your Realtor®...View More

When yahoo!finance (the exclamation point is part of the title) puts residential real estate at the top of their feed, a fair number of Houston readers are apt to come across it. Last Thursday, such was the case with the commentary, “U.S. will ‘become a renter nation,’ says real estate investor.” The report was offered by a reliable reporter, Sarah Paynter—and since the byline includ...View More

When yahoo!finance (the exclamation point is part of the title) puts residential real estate at the top of their feed, a fair number of Houston readers are apt to come across it. Last Thursday, such was the case with the commentary, “U.S. will ‘become a renter nation,’ says real estate investor.” The report was offered by a reliable reporter, Sarah Paynter—and since the byline included...View More

Last month’s U.S. News article headline looked promising: “The Guide to Understanding Your Home Value.” What Houston homeowner isn’t at least curious about that? Written by U.S. News’s real estate editor, the piece addressed a slew of informational tidbits, some of which are not as commonsensical as you’d think. Chief among them was a description of “the process of calculating” ...View More

Last month’s U.S. News article headline looked promising: “The Guide to Understanding Your Home Value.” What Houston homeowner isn’t at least curious about that? Written by U.S. News’s real estate editor, the piece addressed a slew of informational tidbits, some of which are not as commonsensical as you’d think. Chief among them was a description of “the process of calculating�...View More

Once you have decided to sell your Houston house, unless it’s already in top-notch shape, you face some meaningful decisions about things that might need to be refreshed, upgraded, or replaced altogether. Some major items are hard to ignore: a roof that’s barely weatherproof, or over-the-hill front door hardware, for instance. But other facets can be a coin-toss: will they be worth the exp...View More

“To understand the future, we must focus on what real estate does for people.” That deceptively simple quote underlies the central proposition in this month’s Editor’s Pick by Forbes magazine—an essay by Bill Conerly that assesses possible future directions for residential real estate. Since residential real estate in Houston is our daily pursuit, any and all glimmerings about its f...View More

Ask any grandparent: “is it actually true that Houston mortgage rates averaged more than 18%?” They’ll tell you. It happened. And that was less than 40 years ago. The reason to revisit such an unimaginable scenario isn’t that anyone expects Houston mortgage rates to repeat that history anytime soon (or anytime, period). It’s useful to recall because the current era of incredibly low...View More

When corporate leaders seek to communicate good news on their company’s performance, they frequently reach for the ‘R’ word: “robust.” Sales are robust; production is robust; future prospects are robust, etc. The ‘R’ word performs the near-miraculous feat of conveying strength, energy, and accomplishment —all without having to come up with specifics. Especially in earnings gui...View More

The Covid-19 pandemic may have thrown a monkey wrench into many a local resident’s summer plans—but none more thoroughly than those who had been waiting to put their Houston homes up for sale. It’s a common strategy to hold off listing until real estate’s ‘Busy Season’—the time of year when more homes are put on the market, attracting hordes of prospective buyers. That’s what ...View More

For prospective Houston home sellers who have been holding back, waiting for the past months’ chaotic events to quiet down, last week ended with an array of encouraging signs. The national indicators that underpin the Houston real estate climate were almost uniformly promising. After the dislocations that have characterized most of 2020, now, at midsummer, home sellers are finding conditions...View More

They’re yet to become a major presence in the mainstream of housing technology, but that could be in for a change. Increasingly, advances in “clean” technology—innovations aimed at sanitizing household living spaces—seem likely to become commonplace in the coming years. Along with many other accommodations spawned by the coronavirus pandemic, Houston homeowners have grown much more ...View More

Back in February, the housing market’s watchdog housingwire.com observed that a good way to judge the strength of the housing industry is to “Look at how often people move.” That makes perfect sense. Logic would seem to dictate that a strong housing market would mean good times for movers. If industry analysts at IBISWorld’s publicly available “Moving Services” page are to be reli...View More

Most people are aware of the record-setting lows Houston mortgage rates are chalking up right now—the kind of rates that create tempting cashflow projections for even the most conservative would-be investors. But, of course, other factors enter the decision, whether they are planning their real estate investment for their own residence or as a rental. Given the uncertainty in the economy, pr...View More

In case you’ve been thinking of selling your home but aren’t keen on letting strangers into the house at this moment in time, that problem has a two-word solution (although, in fact, those strangers probably don’t want to come into your house, either). The two words are “virtual tour.” While Houston virtual tours have long been prominent in the toolboxes of Houston sellers and thei...View More

There was a sort of silly article last summer, “What You Can Do if Your Air Conditioner Breaks Before Selling Your House”—a title designed to ensure that Houston readers who plan on selling their Houston house will put everything on hold while they find out “what they can do” if their A/C goes AWOL. A more recent article—also a must-read for home sellers with broken A/Cs—was title...View More

Before          After                 Despite the well-documented national shortfall in residential housing, determined house hunters still can find Houston homes for sale that are priced to sell. Given today’s extremely low mortgage interest rates, affordable options are out there right now. As those home shoppers soon discover, the properties with the most attractive asking p...View More

If Yahoo Finance’s take is correct, as residential real estate continues to revive after the economic shocks of the pandemic, high-end properties may be among the first to lead the recovery. For the owners of luxury homes in Houston who thought twice about joining the Houston listings, last month’s activity across the nation among seven- and eight-figure properties could provide the necess...View More

Houston apartments—specifically, the way new apartment complexes are built—could be in for some major changes if some tech company executives are right. The idea is to bring the manufacturing lessons learned from companies like Apple and Tesla into the real estate realm. If they succeed, erecting Houston apartment buildings in the future could be considerably more efficient (and less expen...View More

By definition, the best Houston real estate agent for you is the one who sells your Houston home soonest, for the highest price, and with a minimum of hassle. Because you have to designate the one who will be your exclusive listing agent, you can’t ever prove how all the others would have fared. So, what’s a homeowner to do when it’s time to sell? Going it alone isn’t a good idea—st...View More

Today's Houston house hunters are using the web more than ever—and more than ever, they're running into seemingly omnipresent "Zillow." It's unavoidable because Zillow ads are everywhere—often in the first and/or second position on the search engine results pages. With annual revenue topping $2 billion, the e-commerce mega-company can afford it. From its national data processing centers, Zi...View More

Yahoo’s “Money” tab is a source Houston readers can visit for non-technical reportage on the latest U.S. economic developments. Last week it led with a surprisingly upbeat look at residential real estate: “Homebuyers rush back in droves despite coronavirus pandemic.” There was ample evidence to support the description—a rush from homebuyers attested to by a 44.3% jump in pending hom...View More

If you are thinking about putting up your Houston home for sale, you can expect that a goodly number of the buyers who will be considering your property will be female. And increasingly, the decision-makers may be Millennials—part of the group reaching adulthood in the early 21st century. Distinguishing how buyer traits and preferences differ is important for understanding what features are li...View More

When the objective is selling your Houston home for the highest price (which it always is), establishing the asking price is the second of the two most crucial decisions you will make. Many homeowners reason that setting the original asking price “at the max” makes the most sense. They see that strategy as a way of controlling the process since it provides room for negotiations. Because th...View More

Summer doesn’t officially begin until the 20th, but with most Houston householders having spent so much time at home, it’s a cinch that there will be a lot more need than usual to tidy up the house. One unchanging truth about humans and their domiciles is that things gradually pile up. It can seem as if they have lives of their own—as if all those household “things” crave company. Ma...View More

If you are thinking about putting up your Houston home for sale, you can expect that a goodly number of the buyers who will be considering your property will be female. And increasingly, the decision-makers may be Millennials—part of the group reaching adulthood in the early 21st century. Distinguishing how buyer traits and preferences differ is important for understanding what features are ...View More

If Yahoo Finance’s take is correct, as residential real estate continues to revive after the economic shocks of the pandemic, high-end properties may be among the first to lead the recovery. For the owners of luxury homes in Houston who thought twice about joining the Houston listings, last month’s activity across the nation among seven- and eight-figure properties could provide the necess...View More

Houston luxury homes can be categorized as ultra-modern or even exhilarating contemporary, incorporating the latest wifi- and Bluetooth-enabled smart home technology in with elegant design and craftsmanship. Or they can be the polar opposite—luxury homes that meticulously preserve the authentic antique artisanship of past eras. Last week, a luxury home was listed in Billings, Montana, that ar...View More

Long ago, Hollywood discovered the ticket-selling power of inserting “Miracle” into film titles. Houston moviegoers in the early 20th century flocked to the Christmas family classic, “Miracle on 34th Street”—then to Oscar-winner, “The Miracle Worker.” There was “The Miracle of the Bells,” Frank Capra’s “Pocketful of Miracles—and so forth. You might have thought the last...View More

Houston’s summer solstice arrives this Saturday, June 20th. Astrophysically speaking, the solstice marks the longest day of our year. The moment of the summer solstice prompts a lot of scientific explanations, some more confusing than others. For instance, since the Sun doesn’t revolve around the Earth, Vox.com’s definition (“Technically speaking, the summer solstice occurs when the sun ...View More

lifestyle changes that began as temporary adaptations may be around for a while. One of those could impact Houston real estate in ways that are only gradually becoming apparent—at least that’s one conclusion Houston readers of last week’s Wall Street Journal would have drawn. WSJ’s “Management and Careers” editors reported on a phenomenon that’s been developing for a while. It�...View More

Last Friday morning, Houston residents who had braced themselves for the dismal details of an unprecedented surge in national unemployment heard some astounding news instead. The greatest surge in hiring for a single month left the commentators scrambling to explain how it was possible that all of them could be so far off (some by as much as 10 million jobs). For homeowners who had been watchi...View More

The unsettling events of the first half of 2020 have prompted some Houston residents to adopt a wait-and-see attitude—especially major decisions concerning Houston real estate. For most of the spring, it had looked as if June would be the month when more clarity would surface, starting with how soon Covid-19 restrictions would be relaxed. To some extent, that’s been the case—but many oth...View More

Most Houston homeowners who prepare to put their homes on the market come to the same decision—to tap into the services of one of Houston’s Realtors®. They decide they’ll have enough to do without tackling the piles of paperwork generated in the course of a sale—nor do they have any desire to familiarize themselves with the changing regulations that govern Texas real estate transactio...View More

Prospective Houston homebuyers who have held fire during the pandemic emergency might be encouraged by some signs emanating from Wall Street. Although the news was narrowly focused on a vacation area phenomenon, it might signal early stirrings that could have local ramifications. The news came from Marketwatch, the financial information website operated by Dow Jones & Company. Last week i...View More

About the last thing area homeowners need now is to spend time worrying about the effect the pandemic will have on their Houston home values. Given that memories of the Great Recession have yet to fade, a replay of that decline in home values might seem logical. So, it was reassuring to read Claire Trapasso’s calming analysis pointing out the multiple reasons why a housing crash is viewed a...View More

One consequence of the pandemic was the on-again/off-again nature of this year’s Houston real estate busy season. The restrictions resulted in what you’d expect: pent-up demand. The promise of loosening restrictions is widely expected to bolster the number of “For Sale” signs that we’ll soon be seeing—in any case, we should know before long. For house hunters who will be looking t...View More

Houston homeowners could be forgiven if recent months of preponderantly bleak reportage have driven them to cut down on their news consumption. Since no one has a very clear picture of how quickly the nation will be able to get fully humming again, endlessly dwelling on the latest details of various downturns eventually loses its charm. It’s why there was one sunny tidbit you might have miss...View More

The other day, it was interesting to read a featured commentary on the MoneyCrashers.com website. It promised to pinpoint the “6 Factors” to consider when deciding whether you “should buy a home now— or wait?” No dateline was visible, but you’d have to deduce that it had first been published a while ago. The absence of any mention of today’s changed circumstances and the uncertaint...View More

Officially, Houston’s summer won’t arrive for a couple of weeks—but Memorial Day was the unofficial starting date, and the thermometer has seemed to agree more with that than with the meteorologists. That means it’s already time to dust off the ‘Best of’ tips for accommodating summertime weather. Here are some of the best ones: 1. Pollen control. We’ve all been experiencing the ...View More

Crafting language that makes a property stand out in the Houston listings is one of the skills that successful Realtors® continue to develop throughout their careers. Initially, a listing’s photos may be more important than the text when it comes to grabbing buyers’ attention—but after that, the words matter a lot! Especially when they’re sticky! When it works—when one Houston list...View More

The feeling of being cooped up that has predominated throughout so much of Houston’s springtime may be loosening up, but one way to capitalize on the situation is to take the extra indoors time to make this year’s spring cleaning project a more-serious-than-usual event. In addition to relieving the monotony that the semi-voluntary confinement has wrought throughout Houston, it will add the...View More

Looking at the prospect of selling your Houston home from a purely business perspective, it has some odd sales attributes. Pricing is definitely one of them. Consider how manufacturers arrive at a selling price for the things they make. Before even beginning to lay out their production line, the target sales price for their product is usually pretty well pegged. First, the cost of production ...View More

For Houston mortgage interest rate chroniclers, this month began with the culmination of a trend that’s been playing out for quite some time. It’s “the other shoe” that finally dropped. The headlines confirmed the numbers that government-owned mortgage backer Freddie Mac posted: “Mortgage Rates Dip to New Record Low.” The 3.23% national average on the 30-year fixed-rate hit was, ...View More

We’ve arrived at the familiar post-Mother’s Day time of year. The birds are cheering up everyone’s Houston mornings with their noisy springtime come-hither commotion. Out in the garden, flowers have broken out where they are supposed to (hopefully—if not, it’s time to hightail it to the garden store). Post-Mother’s Day is also an ideal time for adding color in other places around t...View More

Last Thursday was the regular release date for ATTOM Data Solution’s quarterly Home Equity report. This year, ongoing events created the need for some additional commentary. As the “curator of the nation’s premier property database,” ATTOM’s figures can be relied upon to gauge the nation’s residential real estate equity levels—Houston homes included. This latest report covered 2...View More

The “Real Estate News” tab in Realtor.com is a reliable source for information that real estate followers—especially active Houston home buyers and sellers—can turn to for the latest takes on real estate market activity. Since it comes from the National Association of Realtors®, it’s not where you’d turn to for a completely impartial view—nonetheless, the underlying information ...View More

Suppose your Houston home is an oddball? It may be a terrific residence, but there’s no denying that it just doesn’t fit in very well with the feel of the neighborhood. In Houston, we have a reasonably eclectic mix of architectural styles, so it’s unusual to come across a house that stands apart as decidedly out of place. If your own Houston home is one of those oddball properties, when...View More

Despite all hurdles, Houston residential real estate continues actively—now with the sense that an uptick is in the wind. Even for area homeowners who have been waiting for a return to pre-pandemic life before listing their Houston homes, the positive signs have to be encouraging. Texas official pronouncements make it clear that the need to get more businesses back up and running is gaining ...View More

Last week Yahoo’s Finance page led with a commentary that posed the question, “Why Aren’t Homeowners Taking Advantage of Low Mortgage Rates?” Although the premise (“mortgage rates have plunged back to the lowest levels in at least half a century”) may have been slightly overblown, Houston home loan shoppers could indeed have found published rates that were at bargain-basement level...View More

At first blush, the idea of listing your Houston house during today’s emergency conditions would seem impractical—but it turns out to be entirely doable. There are even some plusses. Some sellers apparently agreed. Last week’s Forbes magazine offered an interesting view from one area where home sales rose significantly in March. A local agent there realized a human dimension that seemed...View More

By now, everyone in Houston has had drummed into their consciousness the advice repeated endlessly from every quarter: that we wash our hands for 20 seconds. It’s sound advice that’s now part of everyone’s new daily routine—a routine that, for a while at least, includes a lot more time spent at home. For the legions of new Houston homebodies, there’s suddenly time to muse over thing...View More

Like many other local professional people, we Houston Realtors® have been working in a challenging (you might say, “topsy-turvy”) business environment. It’s one that nobody had foreseen—much less prepared for. It has taken multiple adjustments to navigate through some awkward restrictions, but since the need for shelter can’t always be put on hold, they were necessary. As in many lo...View More

After what seemed like ages, the tone of the news started to slowly brighten last week. Government officials began to discuss how they anticipated managing a return to pre-pandemic life—one replete with businesses open to the public, sporting events, and even restaurants with sit-down service. “Light at the end of the tunnel” was the metaphor used most often, even though the length of th...View More

For the next wave of Houston home buyers—as well as for homeowners who intend to offer their Houston properties for sale—the past week produced little to clarify what to expect from future Houston market conditions. Even so, as Texas’s state and county officials scrambled to offer guidance on public health and safety issues, there was also a growing national awareness of the simultaneous...View More

May Day is an officially recognized public holiday in 66 nations and unofficially celebrated in many more—but here in the U.S., it isn’t. That’s why on Friday, there won’t be any official Houston May Day celebrations that have to be canceled; local banks will remain open (to the same extent that they are, currently); and the mail will be delivered as usual. The principal observance of ...View More

Last week there came this snippet from a radio commentary: “No matter how business is doing, the landlord business is doing just fine.” Especially in the context of last week’s nerve-rattling tumult on Wall Street, that remark seemed particularly relevant—especially for investors newly motivated to investigate the upside of Houston residential investments. There is one national stati...View More

By now, just about everyone has been contacted in one way or another by the folks at the Census Bureau. For Houston residents who received a letter, email, or smartphone notification, it probably pointed out that there is a legal obligation to provide truthful answers for the every-ten-year canvass. For those who have yet to respond, this might have provided a degree of anxiety—especially g...View More