The Woodlands, TX Real Estate News

By Pippa Mac, The Woodlands TX Real Estate
(Chevaux Group Realtor, The Woodlands and Spring)
  Avoid these 5 mistakes when selling your home in The Woodlands   Selling your house in The Woodlands current market can be tricky but there are 5 big mistakes an owner can make.  Any one of these mistakes will cause a home in The Woodlands to sit without a single decent Offer, causing the listing to go stale.  Make sure you are not making one of these 5 mistakes when putting your home on the market.    Overpricing.  Avoid overpricing at all costs!  Be realistic about your asking price and know The Woodlands market.  Looking at the list price of similar houses on the market to get an idea of what you should ask for your property.   Also remember that your real estate agent can also give you an expert opinion based on experience and comparables. Neglecting Repairs.  Obvious problems wit...
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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: 4.79% FHA 30 year:4.25% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.77% Conventional 15 year:3.625% Credit score:740 LTV:80% Loan Amount:$200k APR:3.92%   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 Kathy Sexton
(Keller Williams Realty The Woodlands)
According to the National Association of Realtors, median home prices are expected to rise only 6% next year compared to last year's 11%. Home sales are predicted to hold steady in 2014, but due to a low supply of houses in the market, prices will continue to rise.  This plateau-ing of home sales is the first reversal since 2011, when sales were on the rise.  Lawrence Yun, the trade group's chief economist at the NAR annual conference, explained that the lack of income growth, higher home prices, and rising interest rates will effect sales.  As it is, the existing home inventory is now near a thirteen-year low. "The inventory shortage will not go away," Yun says, though the new home construction is far from hitting rock bottom.  Rising home prices may encourage others to sell homes, bu...
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By Tina Brickhouse, Tina Brickhouse
(Keller Williams The Woodlands)
Homes for Sale in The Village of Indian Springs in The Woodlands, Texas What is a village in The Woodlands, Texas The Woodlands, Texas is divided into 9 villages.  A village operates like its own small town.  They have their own shopping centers, parks, playgrounds, homes, personalities and village associations.    Looking for Homes for Sale in the Village of Indian Springs There are many beautiful custom built homes in this village.  This is also the only village in The Woodlands were there are actual hills!   Click here to see a complete listing of Homes for Sale in The Village of Indian Springs in The Woodlands, Texas.   Why the Village of Indian Springs The Village of Indian Springs sits deep in The Woodlands.  It was the third village founded in The Woodlands back in 1986 and is th...
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By Michele Flory, Specializing In The Woodlands Texas
(Point Real Estate)
The Woodlands– RE/MAX The Woodlands & Spring in Houston has announced the arrival of a new team, Michele Flory & Company, to their list of over 100 impressive associates. Team Leader, Michele, her husband, Greg, and their daughter, Leslie Flory, had over 30 years of combined experience in Real Estate before choosing to join RE/MAX The Woodlands & Spring. “After the decision was made to leave our last office, we knew our options were simple,” Michele Flory said. “Go to RE/MAX® or strike out on our own. We have a good reputation in The Woodlands. We’ve seen others try to make it on their own outside their area, using only their name and reputation… it never lasts long. Also, we aren’t interested in managing an office, we just want to sell homes.” Complimenting their highly effective team ...
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By Tina Brickhouse, Tina Brickhouse
(Keller Williams The Woodlands)
Homes for Sale in The Village of Panther Creek in The Woodlands, Texas What is a Village in The Woodlands, Texas The Woodlands, Texas is divided into 9 villages.  A village operates like its own small town.  They have their own shopping centers, parks, playgrounds, homes, personalities and village associations.   Looking for Homes for Sale in The Village of Panther Creek in The Woodlands, Texas Panther Creek offers many options when it comes to choosing a home.  In this village you will find everything from a great starter home, to custom built homes, to waterfront residential subdivisions. There are homes in every price range.   Click here to see a complete listing of homes in Homes for Sale in The Village of Panther Creek in The Woodlands, Texas.     Why the Village of Panther Creek  ...
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By Tina Brickhouse, Tina Brickhouse
(Keller Williams The Woodlands)
Homes for Sale in The Village of Grogan's Mill in The Woodlands, TX      What is a Village in The Woodlands, Texas The Woodlands, Texas is divided into 9 villages.  A village operates like its own small town.  They have their own shopping centers, parks, playgrounds, homes, personalities and village associations.   Looking for Homes for Sale in the Village of Grogan's Mill Homes in the area range from the low $100,000's to the millions.  You can find a great starter home here or your very own oasis.   Click here to see a complete listing of Homes for Sale in The Village of Grogan's Mill in The Woodlands, Texas.   Why the Village of Grogan's Mill The Village of Grogan's Mill is in the heart of The Woodlands. It is the first village when entering The Woodlands.  With this comes easy and q...
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By Kathy Sexton
(Keller Williams Realty The Woodlands)
The Village of Indian Springs holds The Woodlands Reserve where the Frankel Building Group plans to construct 55 homes with prices starting around $1 million. The demand for homes at this price are increasing as the economic boom affects the Houston/Woodlands area. Compared to 2012, people have purchased 62% more homes, specifically 110 houses, within the seven figure price range this year according to the Houston Association of Realtors. "At the risk of jinxing it, it's a golden age for The Woodlands," said Kevin Frankel, vice president of Frankel Building Group, a Houston family-owned custom home building business that has agreed to build on the 55 lots in the gated community of Indian Springs. Houses will be as large as 6,000 square feet  on lots of 12 to 23 thousand square feet and...
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By Kathy Sexton
(Keller Williams Realty The Woodlands)
The market remains very strong in The Woodlands.  Magnolia is also showing a strong market with price bands under $600,000 in a seller's market.  Homes with pools continue to be a stronger draw than homes without pools as far as inventory turn is concerned.  There are 4x as many homes without pools that are still in a seller's market.  Over 2M is where  it still is a buyer's market - take into consideration there are 28 homes over 2M in The Woodlands available to sell. If you are interested in selling your home and/or buying a new one, please contact me to assist you in the process.  The market is ever changing and knowing the best strategy for this market is important.  If you plan to sell in Spring, consider putting your home on the market as soon as possible to by-pass competition.  ...
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By Kathy Sexton
(Keller Williams Realty The Woodlands)
Moving is a typical part of life. Many people move for occupational reasons but there are other motivational factors for Americans to uproot their lives.  The search for lower taxes, cheaper housing, and similar communities also lead people to find new homes.  These shifts affect the economy and political organization. That’s the argument in Shaping Our Nation, the latest book from political historian Michael Barone of the American Enterprise Institute and the Washington Examiner, who also-co-authors the biennial Almanac of American Politics.  Barone goes on to site various nightmare versus dream cities in Shaping Our Nation.  Nightmare cities include Detroit, Cleveland, Buffalo, and other towns that formerly supported their population through thriving factories.  Dream cities are thos...
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By Kathy Sexton
(Keller Williams Realty The Woodlands)
There's a lot of pressure in selling a home.  Most people look for help with their local real estate agents, people who know the business and are familiar with the process.  Looking for local, experienced help is always smart, but you also need to know where to look for a reputable agent who will do the best for you and your home.  Here are some important steps in looking for that right agent. Ask Someone You Know.  Looking to friends and family for their experiences in the market with particular agents can get you pointed in the right direction.  Most likely, someone in your personal community will have a suggestion that is reliable.  Referrals are easy because you can see the direct result of someone else's experience. Make Sure To Do Your Research.  When looking into securing an age...
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By Michele Flory, Specializing In The Woodlands Texas
(Point Real Estate)
There is lots of hype in The Woodlands real estate market with the entry of many new companies into our area....low inventory....limited new construction. At the beginning of 2014 we have 245 homes on the market in The Woodlands, down 14% from the beginning of 2013, and 53% from 2012! We currently have 1.5 months of inventory in The Woodlands. While heaven for home sellers, selling can still be tricky plus a real challenge for home buyers!
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By Kathy Sexton
(Keller Williams Realty The Woodlands)
In a society where everything runs on technology, it's important to be current in order to stay relevant in the market. Already, there are apps available to list and find homes.   The Search Zillow is a popular app that lists homes for sale with details about each property and includes a GPS feature to help you find each listing. Trulia is another mobile app that pulls information from its parent website.  You can also find information on houses on the Redfin app, which includes photos and details on the listings. Most of these apps give you the ability to create custom searches for homes that match your personal criteria.   The Home Search app, or Home Tracker, helps you keep track of the properties you have already seen; the PictNote aspect especially is used to combine both photogra...
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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 Teresa Kennedy, The Kennedy Team
(Keller Williams The Woodlands & Magnolia)
Happy New Year from The Kennedy Team! We thank you for your continued support and wish all the best to you are your loved ones this year!  The Kennedy Team is growing and we’d like to take this opportunity to reintroduce ourselves to you. The Kennedy Team & Keller Williams Business Philosophy The Kennedy Team’s goal is always “under commit” and “over-deliver”. Our experience combines state of the art technology, creativity, marketing, knowledge, strong on-going customer support and a marketing system that is second to none. By being your Realtor, our relationship is built on trust. Value and service will be provided before, during and after the transaction, so that your changing needs are always addressed and satisfied. It is not only our business philosophy, but also a commitment to p...
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By Teresa Kennedy, The Kennedy Team
(Keller Williams The Woodlands & Magnolia)
After a buildup of anticipation from Thanksgiving through New Years and the festivities that surround it, many people have difficulty getting back into their normal routines again. Feeling low and even depressed after the holidays is not uncommon. Remember, our lives consist of more than the month between Thanksgiving and New Year’s Eve. Joy doesn’t only live in the major moments in life. Joy lives in the little things. Joyful moments happen all the time. They happen when you’re eating breakfast with your kids, and laughter breaks out. They happen when you’re walking to work, and you spy the sunshine or feel the cool breeze from the pouring rain. They happen when you’re sipping your favorite kind of coffee – a few delicious minutes to yourself. So, if you are suffering from post holida...
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By Teresa Kennedy, The Kennedy Team
(Keller Williams The Woodlands & Magnolia)
For those of you that closed on their new home in 2013, it will soon be time to file your Homestead Exemption! It’s an easy process, it’s free and it will save you money on your taxes in 2014! as stated on Texas Real Estate.com; “If you live in Texas and own a home, there are a lot of opportunities to reduce your property tax bill. From deducting mortgage interest to writing off home improvements, you can save a lot of green when it really counts – income tax time. One of those money-saving goldmines is the homestead exemption. No, you don’t have to own a ranch to qualify for one. Any homeowner can apply for a homestead exemption on their principal residence in Texas. It’s a great way to lower your overall property taxes. Why? An exemption removes part of the value of your property fro...
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By Henry J. Daniels - Sr Loan Officer, Nationwide Construction, Rehab,Conv & VA/FHA/USDA
(Henry J Daniels (936) 228-1944)
Today the Federal Reserve Announced the beginning of the end for their Quanatative Easing or QE program  This Coupled with the increase of the G-Fee (Guarantee fee) increase of last week will definitely lead to some erosion in buying power. Now I've got your Attenion and before you want to go jump off a bridge Hold on a Minute!  All of this is good for the market and the economy.  Lets Tackle these one at a time: The Tapering means that the Government and namely the Federal Reserve will be reducing their influence on the Mortgage market which they didn't participate in until 2008 see chart. By buying into the Mortgage Market it's like printing money which is not good for the economy because it makes your dollars worth less.   G-Fee is being increased in 2014.  The G-Fee or Guarantee Fee...
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