Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3% of sales involved a bidding war—down from a high of Continue Reading
Buying & Selling Your Home At The Same Time
9 Tips for Buying and Selling Your Home at the Same Time Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it's dwindling.¹ You're not alone either if you're already feeling drained by the complex logistics of trying to sell and buy a new home all at Continue Reading
Where Is The Real Estate Market Headed?
5 Factors That Reveal Where The Real Estate Market Is Really Headed It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across Continue Reading
Appraisal Gaps In Today’s Market
If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever. That’s because some sellers are finding out the hard way that a Continue Reading
Finding A New Home For Your Next Stage of Life
Finding a New Home for Your Next Stage of Life Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right? For most of us, our housing needs are cyclical.1 A newly independent adult can find freedom and flexibility in even a tiny apartment. That same space, to a growing family, would feel stifling. For empty nesters, a large Continue Reading
Can I Buy or Sell a Home Without a Real Estate Agent?
Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even bidding wars—for homes in the most sought-after neighborhoods. This has led some sellers to question the need for an agent. After all, why spend money on a listing agent when it seems that you can stick a For Sale Continue Reading
Market Update – Spring 2021
While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the Continue Reading
Preparing For The Next Big Storm
Your home is one of your largest investments, and one of your top priorities should be to protect it from the damages of a hurricane. Now is the time to plan preparations for your home. Here is a list of 9 things to prepare when the next big storm is on its way: Before a storm is in the Gulf review your insurance policy. Even if you have not flooded before it is a good idea to get flood Continue Reading
Happy 4th of July !!!
Due to COVID-19 precautions, the 4th of July celebrations this year will be unlike those in the past, and the City of Friendswood is no exception. 125 Years of Celebrations Friendswood has celebrated with a parade for 125 years and holds the distinction of hosting the longest consecutive 4th of July parades in the country. After the parade, the celebration continues with activities Continue Reading
Buying or Selling Real Estate During COVID
Summer is usually the best time to buy or sell your home. However, with the rapid increase of COVID-19 cases, many people are questioning whether this is the right time to jump into the real estate market. Here are some good tips for Sellers and Buyers to safely maneuver in today’s market. Due to low inventory, it is a currently a Seller’s market. It is more important than ever for your agent Continue Reading