Sales Rise for a Tenth Straight Month
Take a minute to read this news release from the Houston Association of REALTORS. This is great news for sellers. Buyers better "wake up" before prices escalate and rates go up even further. Call us now.
Blog Contribution by David Rozier-The RozierTeam
Broker Associate, MBA, ABR, CRS, GRI, SFR
Keller Williams Premier Realty Katy
281-395-0680
Tuesday, April 17, 2012
Sunday, April 15, 2012
Prime Location in Cinco Ranch
You will absolutely love Greenway Village, one of the original neighbors of Cinco Ranch. This home awaits you in a prime cul de sac with only 1 home between you and the greenbelt, and just steps away from Fielder Elementary, the neighborhood pool, a basketball court and a playground. A quick drive and you're on Grand Parkway (without the noise in your backyard) or at La Centerra for your dining and shopping pleasures. Now view the photos to learn more about about your new home. FREE RECORDED INFO CALL 1-888-266-0724 CODE # 2106 Click ROZIERTEAM to see the photos. Keller Williams Premier Realty Katy; 22762 Westheimer Pkwy, Ste 430; Katy TX 77450. To see this home call the RozierTeam directly at 281-395-0680. Friday, April 13, 2012
Words can't explain. See for yourself
Sunday, March 25, 2012
Saltwater pool on HUGE corner lot
Gameroom, pool, home office, cul de sac
Swim in privacy without neighbors looking into your backyard pool; backs to huge greenspace. On cul de sac in secured, manned, gated community (visitors must show ID to guard to enter). Terrific rec center in Canyon Gate has fitness room, pools, covered basketball, ball fields, skate ramps plus more. Home is away from the major streets that bring traffic and road noise. 4 BR, 3.5 bath home has a great island kitchen with breakfast bar and 42'' cabinets. Katy schools are the best!! Call now! FREE RECORDED INFO CALL 1-888-266-0724 CODE # 2126 Click ROZIERTEAM to see the photos. Keller Williams Premier Realty Katy; 22762 Westheimer Pkwy, Ste 430; Katy TX 77450. To see this home call the RozierTeam directly at 281-395-0680. Wednesday, March 14, 2012
As a licensed real estate agent in Texas I am required to take Continuing Education Credits every 2 years to renew my license with the Texas Real Estate Commission. Of the 15 hours needed 3 hours must be a legal update and another 3 hours must be an ethics update. The balance of the 9 hours can be anything I choose. There is usually a good variety of courses from which I can pick. Yesterday I took a course in Home Staging. One of the resources shown to us was a website by HomeGain telling about the home repairs that result in the greatest return. In case you are about to put your home on the market, currently doing some updates/repairs and want to increase your value for a future sale or just curious, just click the hyperlink above to learn more. And as always give us a call if we can help with any of your real estate needs.
Contributed by
Barbara Rozier
Keller Williams Premier Realty Katy
22762 Westheimer Pkwy, Ste. 430
Katy TX 77450
http://www.rozierteam.com/
Direct: 281-395-0680
Saturday, February 18, 2012
Affordable Housing.
At the 2012 Keller Williams Family Reunion, Gary Keller, CEO of Keller Williams Realty International in his 2012 Vision Speech talked about how this is an historic time in the US real estate market. This isn't surprising news to those of us in the real estate industry, but it bears repeating since it is so striking. It has to do with housing affordability, which is at its lowest point since this statistic has been tracked. Think of this as a silver lining in the
housing market cloud. Historically, in the US, the average cost to own a home has been about 22.1% of an average family's income. It peaked in the 1980s at 36%. Today it is around 12.9% due to a combination of lower home prices and record low interest rates. What's interesting is that in 1989 when the average home cost $94,000, the principal and interest payment on that home was approximately $825. Interest rates were at 10%. In 2011 the average price of a home was $166,100 and the payment was only $837 because of the record low interest rate of 4.45%. Today in early 2012, rates are actually lower that 4.45% making that home even more affordable. However this will not last indefinitely. Many experts believe that both home prices and interest rates are at the bottom and have nowhere to go but up. An increase of 1% in interest rates is equivalent to a 10% increase in housing prices and a 1% rise in interest rates is far more likely than a 10% increase in home prices. In other words, housing affordability is about as good as it is likely to get.
housing market cloud. Historically, in the US, the average cost to own a home has been about 22.1% of an average family's income. It peaked in the 1980s at 36%. Today it is around 12.9% due to a combination of lower home prices and record low interest rates. What's interesting is that in 1989 when the average home cost $94,000, the principal and interest payment on that home was approximately $825. Interest rates were at 10%. In 2011 the average price of a home was $166,100 and the payment was only $837 because of the record low interest rate of 4.45%. Today in early 2012, rates are actually lower that 4.45% making that home even more affordable. However this will not last indefinitely. Many experts believe that both home prices and interest rates are at the bottom and have nowhere to go but up. An increase of 1% in interest rates is equivalent to a 10% increase in housing prices and a 1% rise in interest rates is far more likely than a 10% increase in home prices. In other words, housing affordability is about as good as it is likely to get. Thursday, February 2, 2012
Is the real estate market making a comeback?
In Texas at least that seems to be the case. The most recent release of the Texas Quarterly Housing Report shows that home sales in Texas were up 6% over the same period last year. Pricing remains flat and inventory is going down. All of this indicates that it is probably a good time to sell and/or a good time to buy. As the market starts to come out of the doldrums prices will start to rise. This sounds like good news for sellers, but not if you do a little analysis. Most sellers are also buyers either upsizing or downsizing. As prices rise these sellers may get more for their existing home but they will almost certainly pay more for their new home. Statistically, most people buy homes that are 50% more expensive than the one that they sell. So the increase in price on the purchase usually outweighs the gain on the sale of the existing home. In addition, interest rates are at historic lows, although in a recent report Freddie Mac says it believes that rates have started to rise. Time will tell for sure, but today there are great opportunities to buy a home. Call the RozierTeam directly at 281-395-0680 and we’ll help you take advantage of the current market conditions.
Blog Contribution by David Rozier-The RozierTeam
Broker Associate, MBA, ABR, CRS, GRI, SFR
Keller Williams Premier Realty Katy
Blog Contribution by David Rozier-The RozierTeam
Broker Associate, MBA, ABR, CRS, GRI, SFR
Keller Williams Premier Realty Katy
Cheaper than Renting
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Monday, January 23, 2012
Postage Rates Just Went Up AGAIN
Did you remember that postage rates increased today? YES, as of Monday, January 23, 2012 first class letters are 45¢ and postcards increased to a whopping 32¢. If you are on the RozierTeam mailing list then you should have gotten a card alerting you to the change plus a supply of penny stamps to help you use up any old stamps you may have left over. Not on the RozierTeam mailing list??? Send us an email info@RozierTeam.com and we’ll add you. You’ll find there are many benefits knowing the RozierTeam besides our real estate expertise.
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