new homes houston: New Homes in Houston Now Make More Sense Than Ever
- 03/09/11 01:56 AM
If you are looking to buy a new home in Houston and are on the fence, your decision just became easier. Builder Magazine just ranked real estate in Houston as the #7 Top Housing Market for 2011. With an expected 30% rise in the number of permits filed, buying a new home should be easier in 2011. There will be more available inventory as Houston builders begin start building spec homes again as well as new communities opening. In coordination with all of these positive factors, interest rates are still extremely low and make this one of the most affordable times (0 comments)
new homes houston: Houston Realtor Urges Buyers to Take Action on Low Interest Rates
- 10/26/10 10:27 AM
As we all have seen in the papers, on TV and the internet, interest rates are at historical lows. While most of us realize this is advantageous, very few calculate how much more buying power we have as a result of these low rates. For some, this could mean the difference between owning real estate in Houston or renting. When you look at principle and interest only, the savings or buying power is amazing. Let's take the scenario of a couple that makes a combined income of $120,000 per year with $1,500 fixed monthly debt. At an interest rate of 6%, (0 comments)
new homes houston: The Opportunity of Selling New Homes in Houston
- 09/01/10 09:03 AM
There is no doubt that with the changes in construction lending and the natural absorption of completed homes, Houston will soon be facing a shortage in completed new homes. With this change we are offered the chance to focus more on building a home that fits our buyer's personality and needs rather than making them adjust their needs based on what is already built. While this change in the market will benefit the buyer, it will require some more understanding of the building process and setting the right expectations.Homebuilding is a very unique industry in many ways but by far the (0 comments)
new homes houston: 10 Reasons to Buy a New Home in Houston
- 06/15/09 02:44 PM
Here are the top 10 reasons to buy a new home in Houston You are still outgrowing or unsatisfied with your current housing no matter what the economy does Interest rates are still at all time low, unlike the last recession when they were at over 18% Qualify for the new $8,000 First Time Buyer Tax Credit. Watch the Video Here There is currently a good supply of homes on the market for you to find a home to call your own Prices have held relatively stable and builders are stilloffering some great incentives on their completed homes Renting is always (0 comments)
new homes houston: How much Home Can You Afford
- 06/15/09 02:41 PM
How much home can you afford is always a great starting place when looking into buying a home. By understanding your purchasing power, you can focus your time on looking at properties that fall within your price rance. There is a great page on the HUD website that contains a affordability calculator. Here is the link: http://www.ginniemae.gov/2_prequal/intro_questions.asp?Section=YPTH (0 comments)
new homes houston: What do I look for in a new home?
- 06/15/09 02:34 PM
What do I look for in a new home? Many people looking for a new home in Houston have asked me what to look for in a new home. While most people concentrate on the model home, this does not really give the consumer a real idea of the capabilities of the builder. To get a real idea of what a builder has to offer, start with selecting a community or area of town you would like to live, then find builders in that area. Rather than drive around for hours, save yourself the time by going to one of the (0 comments)
new homes houston: What do I look for in a new home?
- 03/21/09 04:31 PM
Many people looking for a new home in Houston have asked me what to look for in a new home. While most people concentrate on the model home, this does not really give the consumer a real idea of the capabilities of the builder. To get a real idea of what a builder has to offer, start with selecting a community or area of town you would like to live, then find builders in that area. Rather than drive around for hours, save yourself the time by going to one of the online portals such as New Home Source to narrow down you (2 comments)