Spring Spotlight on Real Estate!

The weather in Houston is currently what most Houstonians would tell you they live here for!  Mild temps, sweater weather evenings, and lunches on the patios of our favorite Houston restaurants!  It is also a time when homes on the market increase in number and the market conditions become more competitive offering an opportunity for qualified buyers to pick from an expanding number of available homes for sale!  Sunday Open Houses offer an excellent chance to inspect homes of interest in neighborhoods all over town so be sure to take the time in your schedule to go out and see them!  In the meantime, take a look around your own home and assess what it would take to get it ready for a quick sale should you want to take advantage of a chance to upgrade while the mortgage rates are still favorable and there still exists a nice product selection to choose from!  Get in touch with your Realtor and let them know now what you would be interested in seeing so they can watch the market for you.  So remember that Spring is your time to get out there and assess your living situation and that means keep a vigil over your credit score, get that Spring cleaning done, and don't forget to get out there and see those Open Houses!

Real Estate's Election Returns!

Been waiting for the Election to be over? Well it is and the rates are projected to stay low on Mortgage Loans well into 2011 so it's time to talk Real Estate! If you have not yet made the most important investment of your life, buying a home, then this is your year! First time buyers will enjoy some of the lowest prices AND interest rates in history and that combination doesnt come along often! If you havent started to save for your down payment, DO IT NOW! The amount of money you have saved may be the determining factor on what you can buy! While your monthly financial ability may allow you to pay more, if you do not have what it takes to put down on your home, you may find yourself being limited to what you have to invest in cash! So give up that morning designer coffee and expensive lunches out and save up for your new home and be one of the lucky ones who buys low in hopes on one day SELLING HIGH!

Local Home Sales Up in 2009!

Are you still sitting around wondering when it will be the right time to sell your home or buy a new one? Well, get off of the sofa, because the news is here! Home sales are up this quarter and there are no signs that will change! Interest rates are favorable, inventories are good and the Tax Credit is icing on the cake! Afraid that your home might sell for less than you expect? Well, chances are the one you buy might also, so take the leap and get out there and make your move! While there has been a correction in the market, prices are holding substantially higher than overall predictions and economic conditions are believed to be doing the same. Pick up the newspaper or check out the latest news predictions for 2010. I think you will agree that while things are not expected to be rising at rapid rates, we have some signs that the correction in the market might be the reason for the stability that is expected for the first quarter of the coming year. So go ahead and put the kids in the car and check out the open houses this Sunday and talk to your real estate professional about listing your existing home. Remember, if you can get your closing to happen before year end, you will be eligible for the Homestead exemption and that can mean a savings of around 20% on your property taxes in Texas!