Sugar Land, TX Real Estate News

By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
Neighborhood Sales Statistics The following tables and charts show the real estate activity for Avalon, Sugar Land, TX as reported by the MLS (Multiple Listing Service). Please remember that averages do not necessarily reflect the actual value of a specific home...some homes are worth more than, or less than, the neighborhood averages. If you want an expert Comparative Market Analysis (CMA) on your home, please call us at 832-779-2890 or sign up online at What Is My Sugar Land Home Worth?   Noteworthy Stats This Month Avalon is experiencing a housing shortage with only 1.7 months of inventory (6 months is equilibrium). Only one home sold in December 2013 (for $570,327). The average sales price for 2013 ($656,909) is at the third highest mark since 2004...only 2007 and 2008 being higher....
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By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
Sugar Land Sales Statistics The following tables and charts show the real estate activity for Sugar Land, TX as reported by the MLS (Multiple Listing Service). Please remember thataverages do not necessarily reflect the actual value of a specific home...some homes are worth more than, or less than, the neighborhood averages. If you want an expert Comparative Market Analysis (CMA) on your home, please call us at 832-779-2890 or sign up online at  What Is My Sugar Land Home Worth? (We do this for our buyer-clients as well!)   Noteworthy Stats This Month These stats refer to single-family homes only...not townhomes, condos, lots, acreage, or leases. Sugar Land is still experiencing a hot seller's market with only 1.3 months of inventory (6 months is equilibrium). Some of the most popular n...
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By Rosie Moore
(Serving Sugar Land, Richmond, Rosenberg, Missouri City)
Did you know that Sugar Land has one of the lowest property tax rates in Texas?  Yet another reason why you should move to Sugar Land. The Texas Municipal League conducted a survey of 657 Texas cities. When comparing cities with populations greater than 25,000, Sugar Land's tax rate of 30.895 cents is the lowest in Texas. A comparison of city tax bills for Houston-area cities similar to Sugar Land shows that residents in Sugar Land pay significantly less in city taxes on a $285,000 home than residents in League City, Friendswood, Missouri City or Pearland.   This chart is courtesy of City of Sugar Land's December 2013 newsletter, Sugar Land Today. View my Sugar Land real estate blog for more reasons why you should live in Sugar Land, TX in Fort Bend County. Riverstone, Sugar Land among ...
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Conventional 30 year Mortgage: 4.625% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.9% FHA 30 year:4.25% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.37% Conventional 15 year:3.75% Credit score:740 LTV:80% Loan Amount:$200k APR:4.02%   Rates are Subject to Change Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.  
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By Rosie Moore
(Serving Sugar Land, Richmond, Rosenberg, Missouri City)
Staging spotlights the selling features of a home - inside and out - to attract more buyers and get your home sold quickly.  Pricing a home correctly for the market is important, but so is staging. Remember when you fell in love with the "one"? You felt an emotional bond - an emotional connection with that person. Before you knew it, you were ready to take the next step: marriage. The same goes for buyers. Buyers need to feel emotionally connected to your home before they are ready to take the next step: the home purchase.  Buyers buy based on emotion first (how they FEEL about the house) and  justify their decision based on logic second (terms of the contract).   I enjoy helping my sellers spruce up their home in a way that evokes positive emotions for the buyers. Your home is a produc...
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By Rosie Moore
(Serving Sugar Land, Richmond, Rosenberg, Missouri City)
When I represent buyers, I always recommend that they purchase a brand new land survey.  Here's why. A land surveyor is only liable to the person who purchased the survey. If an existing survey is used and errors are detected in the future, the new homeowner has no legal recourse against the surveyor for any mistakes. Purchasing a brand new survey is for the buyers' own protection. It usually costs around $400. A land survey is required before title is transferred to the new owner except for a cash sale. The purpose of a survey is to identify the boundaries, permanently installed structures called “improvements” and utility easements on the property. Since the survey is a physical inspection of the property, the survey can identify any signs of encroachment.  If a swimming pool  is buil...
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By Rosie Moore
(Serving Sugar Land, Richmond, Rosenberg, Missouri City)
We've all been there before.  What seems to be an endless journey, suddenly comes to an end. Finally, you find it.  The diamond in the ruff.  The home of your dreams. After running through the pros and cons, you reach a conclusion: This home has everything  on the wish list and more. As excitement builds, so do the nerves.   You ponder your next move, "Should I submit an offer NOW or sleep on it?  Purchasing a home is one of the most important investments of your life. So, it's normal to second-guess big decisions.  But it's also important to keep things in perspective. Submitting an offer does not force buyers to purchase the home.  In Texas, buyers have an option period that takes effect the day after the contract has been executed between both parties. (The buyer pays an option fee w...
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Conventional 30 year Mortgage: 4.5% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.8% FHA 30 year:4.25% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.37% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:3.77%   Rates are Subject to Change Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
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By Rosie Moore
(Serving Sugar Land, Richmond, Rosenberg, Missouri City)
The City of Sugar Land will host its 11th Annual Christmas Tree Light event TONIGHT from 5 p.m. to 8 p.m. at Sugar Land Town Square, 15958 City Walk.  There will be plenty of fun-filled activities to ring in the holiday spirit including band performances, games, karaoke, activity booths, and of course, pictures with Mr. and Mrs. Claus. But that's not all! Visitors can climb into a life-size snow globe to get their pictures taken in a wintery wonderland or they can go to the holiday Flip Book station to create their own action-themed memory books. The evening will culminate with the lighting of the City's 40 foot Christmas tree! The event is free and open to the public. A free shuttle service will run from Mercer Stadium, 16403 Lexington Blvd., to Sugar Land Town Square from 4:30 p.m. to...
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By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
Brick Repairs Needed in Sugar Land Area   Before a home owner puts a brick home on the market to sell in the Sugar Land TX area, a thorough inspection on the exterior of the home should be performed. All the walls should be checked for cracks along mortar lines and brick. The lintels above windows and doors should be checked for rust. Make sure that you look behind hard-to-see areas covered with bushes as well. JQ BRICK713-253-5092 They do excellent work at very reasonable prices.   These kinds of cracks do not necessarily mean there are foundation issues...bricks and mortar crack very easily. They do need to be resealed, however, with mortar (not caulk) to prevent water penetration into the side walls. Call JQ Brick at 713-253-5092.  If you find any cracked brick or mortar, or rusted l...
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By Rosie Moore
(Serving Sugar Land, Richmond, Rosenberg, Missouri City)
It is very important to have title insurance.  Title insurance is just like any other type of insurance.  It provides peace of mind and can save you thousands of dollars if issues arise in the future. When a contract is executed between the buyer and the seller, the title company immediately conducts a title search to identify any liens or encumbrances that need to be cleared before the property is conveyed to the new owner.  We live in an imperfect world, and people - including title companies - can make mistakes.   That's where title insurance comes in. Title insurance does the following: Verifies that the person selling the property has legal authority to do so Ensures that any liens are removed Covers problems arising from fraud, legal issues and divorce claims in transferring title...
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By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
Sugar Land Real Estate Market Report for October 2013 Sugar Land Sales Statistics The following tables and charts show the real estate activity for Sugar Land, TX as reported by the MLS (Multiple Listing Service). Please remember that averages do not necessarily reflect the actual value of a specific home...some homes are worth more than, or less than, the neighborhood averages. If you want an expert Comparative Market Analysis (CMA) on your home, please call us at 832-779-2890 or sign up online at  What Is My Sugar Land Home Worth? (We do this for our buyer-clients as well!)   Noteworthy Stats This Month Sugar Land is still experiencing a hot seller's market with only 2.5 months of inventory (6 months is equilibrium). Some of the most popular neighborhoods are experiencing a housing sh...
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By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
Telfair Real Estate Market Report for October 2013   Neighborhood Sales Statistics The following tables and charts show the real estate activity for Telfair, Sugar Land, TX as reported by the MLS (Multiple Listing Service). Please remember that averages do not necessarily reflect the actual value of a specific home...some homes are worth more than, or less than, the neighborhood averages. If you want an expert Comparative Market Analysis (CMA) on your home, please call us at 832-779-2890 or sign up online at What Is My Sugar Land Home Worth?   Noteworthy Stats This Month Telfair is experiencing a HOT Seller's market with only 1.1 months of inventory (6 months is equilibrium). Sales slowed down from last month with an average of 35 days on the market (versus 18 DOM last month). At $133.2...
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By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
Riverstone Real Estate Market Report for October 2013   Neighborhood Sales Statistics The following tables and charts show the real estate activity for Riverstone, Sugar Land, TX as reported by the MLS (Multiple Listing Service). Please remember that averages do not necessarily reflect the actual value of a specific home...some homes are worth more than, or less than, the neighborhood averages. If you want an expert Comparative Market Analysis (CMA) on your home, please call us at 832-779-2890 or sign up online at  What Is My Sugar Land Home Worth?   Noteworthy Stats This Month Riverstone is experiencing a HOT Seller's market with only 2 months of inventory (6 months is equilibrium). Homes are selling quickly at an average of only 34 days on the market. Riverstone appears to maintain it...
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By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
New Territory Real Estate Market Report for October 2013 Neighborhood Sales Statistics The following tables and charts show the real estate activity for New Territory, Sugar Land, TX as reported by the MLS (Multiple Listing Service). Please remember that averages do not necessarily reflect the actual value of a specific home...some homes are worth more than, or less than, the neighborhood averages. If you want an expert Comparative Market Analysis (CMA) on your home, please call us at 832-779-2890 or sign up online at What Is My Sugar Land Home Worth?   Noteworthy Stats This Month New Territory is experiencing a housing shortage with only .7 months of inventory (6 months is equilibrium). Homes are selling quickly at an average of only 30 days on the market...about the same as last month...
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By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
Greatwood Real Estate Market Report for October 2013 Neighborhood Sales Statistics The following tables and charts show the real estate activity for Greatwood, Sugar Land, TX as reported by the MLS (Multiple Listing Service). Please remember that averages do not necessarily reflect the actual value of a specific home...some homes are worth more than, or less than, the neighborhood averages. If you want an expert Comparative Market Analysis (CMA) on your home, please call us at 832-779-2890 or sign up online at  What Is My Sugar Land Home Worth?   Noteworthy Stats This Month Greatwood is experiencing a housing shortage with only 1 month of inventory (6 months is equilibrium). Homes are selling quickly at an average of only 26 days on the market (compared to 37 DOM last month). The averag...
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By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
Commonwealth Real Estate Market Report for October 2013 Neighborhood Sales Statistics The following tables and charts show the real estate activity for Commonwealth, Sugar Land, TX as reported by the MLS (Multiple Listing Service). Please remember that averages do not necessarily reflect the actual value of a specific home...some homes are worth more than, or less than, the neighborhood averages. If you want an expert Comparative Market Analysis (CMA) on your home, please call us at 832-779-2890 or sign up online at  What Is My Sugar Land Home Worth?   Noteworthy Stats This Month Commonwealth is experiencing a housing shortage with only 1.6 months of inventory (6 months is equilibrium). Homes are selling quickly at an average of only 30 days on the market. The YTD average sales price is...
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By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
Avalon Real Estate Market Report for October 2013   Neighborhood Sales Statistics The following tables and charts show the real estate activity for Avalon, Sugar Land, TX as reported by the MLS (Multiple Listing Service). Please remember that averages do not necessarily reflect the actual value of a specific home...some homes are worth more than, or less than, the neighborhood averages. If you want an expert Comparative Market Analysis (CMA) on your home, please call us at 832-779-2890 or sign up online at What Is My Sugar Land Home Worth?   Noteworthy Stats This Month Avalon is experiencing a housing shortage with only .4 months of inventory (6 months is equilibrium). Homes are selling quickly, but the average days on market went up this month to 47 (from only 7 DOM last month). The YT...
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Conventional 30 year Mortgage: 4.125% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.47% FHA 30 year:3.75% Credit Score:640 LTV:96.5% loan amount:$200k APR:4.97% Conventional 15 year:3.375% Credit score:740 LTV:80% Loan Amount:$200k APR:3.67%   Rates are Subject to Change Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.  
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By Rosie Moore
(Serving Sugar Land, Richmond, Rosenberg, Missouri City)
  Don't forget to mark your calendars for ......                            HALLOWEEN TOWN                                 October 27, 2013                                4 p.m. to 8 p.m.                            Sugar Land Town Square                         (steps of City Hall in the Plaza)                      Radio Disney will be making its way to Sugar Land Town Square for an evening of costume contests (including a category for pets), spectacular prizes, and plenty of fun-filled family activities for the kiddos. Michael Jackson's "Thriller"  and the Radio Disney road team will spice  up the night with choreographed dance moves and interactive intermissions. Other fantastic activities for the evening include  festive walkaround entertainment, a strolling magician, carnival games,...
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