Riverstone (Sugar Land, TX)
By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
As we move into 2022, both buyers and sellers are wondering, what's next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the experts. Here's a look at what they say we can expect in 2022. Odeta Kushi, Deputy Chief Economist, First American:Consensus forecasts put rates at about 3.7% by the end of next year. So, that’s still historically low, but certainly higher than they are today. Danielle Hale, Chief Economist, realtor.com: Affordability will increasingly be a challenge as interest rates and prices rise, but remote work may expand search areas and enable younger buyers to find their first homes sooner than they might have otherwise. And with more than 45 million millennials ...
Comments 5
By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space 69% of respondents want a home office (48% wanted multiple offices) 46% of respondents want a multi-function room/flexible space 42% of respondents want an au pair/in-law suite 39% of respondents want an exercise room/yoga space If you're a homeowner who wants to add any of the above, you have two options: renovate your current house or buy a home that already has the spaces you desire. The decision you make could be determined by factors like: A possible desire to relocate The difference in the cost of a renovation versus ...
Comments 3
By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
If you've been in your home for longer than five years, you're not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure.To really explore tenure, its important to understand what drives people to make a move. An article from The Balance explores some of the primary reasons individuals choose to sell their houses. It says:People who move for home-related reasons might need a larger home or a house that better fits their needs, . . . Financial reasons for moving include wanting a nicer home, moving to a...
Comments 2
By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Its no secret that one of the top stories in todays real estate market is low housing supply and high buyer demand. If you're a first-time buyer looking for a starter home or are someone whos interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option.In fact, trends indicate condos are gaining popularity among buyers. In the latest Existing Homes Sales Report from the National Association of Realtors (NAR), the data shows condo sales rising throughout the first half of this year (see graph below):There are a few reasons more and more people are opting to buy condos the benefits of condo life can be quite compelling. Lets explore the main perks to find out if a condo is a good fit for you.AffordabilityAccording to the NAR report, the median sales p...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Majestic Pointe At Riverstone Real Estate Homes For Sale, Rent & Price Trends Shayne Stone "Your Rock Solid Choice Realtor" that helps Home Sellers make a Profit and Home Buyers Equity in Majestic Pointe At Riverstone neighborhood / subdivision / community which is located in Sugar Land Texas 77479 zip code in Fort Bend County. Majestic Pointe At Riverstone has 27 single family properties with a median build year of 2015 and a median size of 7,059 Sqft., these home values range between $432 - $2341 K. The sqft. price change data is available through 1998. The median sold price/sqft is $292.31 while the median appraised value is $ 232.23/ sqft. View homes for sale or rent in Majestic Pointe At Riverstone and see new homes, trending properties, Foreclosures and much more. Sometimes there'...
Comments 1
By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Olive Hill at Riverstone Real Estate Homes For Sale, Rent & Price TrendsShayne Stone "Your Rock Solid Choice Realtor" that helps Home Sellers make a Profit and Home Buyers Equity in Olive Hill At Riverstone neighborhood / subdivision / community which is located in Sugar Land Texas 77479 zip code in Fort Bend County. Olive Hill At Riverstone has 45 single family properties with a median build year of 2013 and a median size of 5,509 Sqft., these home values range between $779 - $934 K. The sqft. price change data is available through 1998. The median sold price/sqft is $144.21 while the median appraised value is $ 153.93/ sqft. View homes for sale or rent in Olive Hill At Riverstone and see new homes, trending properties, Foreclosures and much more.Sometimes there's nothing listed For Sa...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
The Crossing At Riverstone Real Estate Homes For Sale, Rent & Price TrendsShayne Stone "Your Rock Solid Choice Realtor" that helps Home Sellers make a Profit and Home Buyers Equity in The Crossing At Riverstone neighborhood / subdivision / community which is located in Sugar Land Texas 77479 zip code in Fort Bend County. The Crossing At Riverstone has 141 single family properties with a median build year of 2005 and a median size of 4,303 Sqft., these home values range between $417 - $532 K. The sqft. price change data is available through 1998. The median sold price/sqft is $115.00 while the median appraised value is $ 108.74/ sqft. View homes for sale or rent in The Crossing At Riverstone and see new homes, trending properties, Foreclosures and much more.Sometimes there's nothing list...
Comments 1
Sugar Land, TX Real Estate Professionals