Fort Bend County, TX Real Estate News

By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
More Americans Choose Real Estate as the Best Investment Than Ever BeforeAmericans opinion on the value of real estate as an investment is climbing. Thats according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before.The graph below shows the results of the survey since Gallup began asking the question in 2011. As the trend lines indicate, real estate has been gaining ground as the clear favorite for almost a decade now:If you're thinking about purchasing a home, let this poll reassure you. Even when inflation is high like today, Americans recognize owning a home is a powerful financial decision.How an Investment in Real Estate Can Benefit You During High Inflation Because inf...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Home Price Deceleration Doesn't Mean Home Price DepreciationExperts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here's a look at a few terms you may hear: Appreciation is when home prices increase. Depreciation is when home prices decrease. Deceleration is when home prices continue to appreciate, but at a slower pace. Where Home Prices Have Been in Recent YearsFor starters, you've probably heard home prices have skyrocketed over the past two years, but homes were actually appreciating long before that. You might be surprised to learn that home prices have climbed fo...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
More Listings Are Coming onto the Market Some Highlights Worried you wont be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year. Having additional options can make the search for your next home. But inventory is still low overall, which means your house should still stand out when you sell. If your biggest question is where you'll go if you sell, take this as encouraging news. Lets connect to start the process today.    
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Why You Need an Expert To Determine the Right Price for Your HouseIf your lifestyle has changed recently and you're ready to make a move, taking advantage of todays sellers market might be just the answer for your summer plans. With homes continuing to get multiple offers, this could be your moment to get the contract you're looking for on your house if you're ready to sell.And here's the thing you need an expert on your side to ensure you make all the right moves when you do, especially when it comes to pricing your house. Even in this competitive market, you cant stick just any price tag on your home and get the deal you want. A key piece of the puzzle is setting the right asking price so you can help buyers notice your home (and get excited about it) from the very first time they vie...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Why the Growing Number of Homes for Sale Is Good for Your Move UpAre you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there's something you should know. The number of homes coming onto the market is increasing and that could make it easier for you to move up this summer.According to the latest data from realtor.com, the number of homes being listed for sale, known as new listings, has increased consistently this year (see graph below):While this news has clear benefits for buyers who are craving more options for their home search, what does that mean for current homeowners like you? It gives you two distinct opportunities in todays housing market.Opportunity #1: Take Advantage of Mo...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
What Are the Best Options for Todays First-Time Homebuyers?If you're looking to buy your first home, youre likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did even just a few months ago. But that doesnt mean you have to put your plans on hold.If you partner with a trusted real estate advisor and hone your strategy, you can navigate todays market and find the home you're looking for. Here are two tips to help you get started.Work with a Professional To Prioritize Your Wish ListIf you're having trouble finding a home in your budget that checks all the boxes, it may be worth taking another look at your lists of what you want and what you really need. According to the latest First-Time Homebuyer Metro Af...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Luxury Homes Are in High DemandAs people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn't only defined by its price. Location is also an important factor. It could be a condo at a desirable city address, a spacious home on the water, or one with access to luxury activities like arts and entertainment, high-end shopping and dining, and more. The home itself will also boast some of the finest features available.According to the Luxury Market Report from the Institute for Luxury Home Marketing, there's been a substantial increase in how many buyers are purchasing luxury homes over the past two years. It says:. . . North ...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Carving Out Your Home Office SpaceWhen COVID-19 emerged, a lot of employers realized the advantage of allowing at least some employees to work from home. Not only can it act as a benefit for employees, but it can also help to reduce the cost of stocking and maintaining a physical office space. As a result, the number of people working in home offices has increased significantly over the last few years. This trend will likely continue as well, since companies are realizing that many employees like a work-from-home option and are actively seeking out WFH positions.While there are definite advantages to this, it does bring up one potential problem: If your home wasn’t designed with a home office in mind, where are you going to put it? While some people solve this problem by just sticking a...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
The Top Reasons To Own Your HomeSome Highlights June is National Homeownership Month, and its a great time to consider the benefits of owning your own home. If you're considering homeownership, know that it can give you privacy, comfort, and a place to express yourself. It can also provide financial stability and help you grow your net worth. Are you ready to experience all the great benefits that come from purchasing a home? Lets connect to begin the process today.     
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
What Does the Rest of the Year Hold for the Housing Market?If you're thinking of buying or selling a house, you're at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here's what experts have to say.The Number of Homes Available for Sale Is Likely To GrowThere are early signs housing inventory is starting to grow and experts say that should continue in the months ahead. According to Danielle Hale, Chief Economist at realtor.com:The gap between this years homes for sale and last years is one-fifth the size that it was at the beginning of the year. The catch up is likely to continue, . . . This growth will mean more options for shoppers than they've had...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Why Home Loans Today Aren't What They Were in the PastIn todays housing market, many are beginning to wonder if were returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Lets ease those concerns.Several times a year, the Mortgage Bankers Association (MBA) releases an index titled the Mortgage Credit Availability Index (MCAI). According to their website:The MCAI provides the only standardized quantitative index that is solely focused on mortgage credit. The MCAI is . . . a summary measure which indicates the availability of mortgage credit at a point in time.Basically, the index determines how easy it is to get a mortgage. The higher the index, the more available mortgage credit becomes. Here's a graph of the MCAI dating back to 2004, ...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
How Homeownership Impacts YouJune is National Homeownership Month, and its the perfect time to reflect on how impactful owning a home can truly be. When you purchase a house, it becomes more than just a space you occupy. Its your stake in the community, an investment, and a place you can put your stamp on.If you're thinking about buying a home this year, here are some of the benefits you’ll experience when you do.The Emotional Benefits of HomeownershipBecause its a place that’s uniquely yours, owning a home can give you a sense of pride and happiness in several ways.Your Home Can Reflect Your Tastes and PersonalityInvestopedia puts it like this:One often-cited benefit of homeownership is the knowledge that you own your little corner of the world.That knowledge can lead to a powerful, em...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
History Proves Recession Doesn't Equal a Housing Crisis Some Highlights Its important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice minimally in the early 90s and then by nearly 20% during the housing crash in 2008. If you have questions, lets connect to discuss why todays housing market is nothing like 2008.    
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Make Your Virtual Tour IrresistibleVirtual tours are all the rage these days, and for good reason. Not only do virtual tours make it easier for buyers to view homes they might be interested in at any time of the day or night, they’re safe, even when COVID cases are high. With a virtual tour, a home shopper can eliminate homes they definitely do not want to see, making the whole process a lot more efficient.As the seller of one of these homes, it’s extra important that your home is staged so that the virtual tour makes people want to come in and see more. This often goes well beyond what you’d need to do for a regular showing, since your goal is to mimic the feeling of what it’s like to be in your house. Don’t worry, we’ve got some tips to get you started!Declutter Like Your In-Laws Are ...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Work With a Real Estate Professional if You Want the Best AdviceBecause buying or selling a home is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial. And while no one can give you perfect advice, when you align yourself with an expert, you'll get the best advice for your situation.An Expert Will Give You the Best Advice Possible Lets say you need an attorney, so you seek out an expert in the type of law required for your case. When you go to their office, they wont immediately tell you how the case is going to end or how the judge or jury will rule. What a good attorney can do, though, is discuss the most effective strategies you can take. They may recommend one or two approaches they believe will work well for your case.Then, they'll...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Sellers Have an Opportunity with Todays Home PricesAs mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here's the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home prices seems to confirm that trend.According to data from CoreLogic, home price appreciation has been re-accelerating since November. The graph below shows this increase in home price appreciation in green:This is largely due to an ongoing imbalance in supply and demand. Specifically, housing supply is still low, and demand is high. As mortgage rates started to rise this year, many homebuyers rushed to make their purchases before those rates could climb higher. The increas...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
How Buying or Selling a Home Benefits the Economy and Your CommunityIf you're thinking of buying or selling a home, chances are you're focusing on the many extraordinary ways itll change your life. But do you know it has a large impact on your community too?To measure that impact, the National Association of Realtors (NAR) releases a report each year to highlight just how much economic activity a home sale generates. The chart below shows how the sale of both a newly built home and an existing home impact the economy:As the visual shows, a single home sale can have a significant effect on the overall economy. To dive a level deeper, NAR also provides a detailed look at how that varies state-by-state for newly built homes (see map below):You may be wondering: how can a single home sale h...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Why Summer Is a Great Time To Buy a Vacation Home You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the corner, its worthwhile to start thinking about your plans and where you want to spend your vacations this year. Here are a few reasons a vacation home could be right for you.Why You May Want To Consider a Vacation Home TodayOver the past two years, a lot has changed. You may be one of many people who now work from home and have added flexibility in where you live. You may also be someone who delayed trips for personal or health reasons. If either is true for you, there could be a unique opportunity to use the flexibility that comes with remote wo...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Bright Days Are Ahead When You Move Up This SummerSome Highlights Warmer weather and longer days mean summer is almost here. Celebrate by upgrading to the home of your dreams so you can enjoy all the season has to offer. When you list your house, you can capitalize on todays sellers market to fuel your upgrade. Then, you can move to a home with the features you want, like space to entertain or rooms for work and play. If you're ready to upgrade to a home that matches your changing needs, lets connect.    
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Remember and Honor Those Who Gave AllRemember and Honor Those Who Gave AllWe remember and honor those who gave all. 
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