Houston Home Prices Affordable

Houston Housing is Incredibly Affordable

Houston is America’s most affordable housing market for middle class families compared to the nation’s 50 largest metro areas. Nonetheless, fewer than 50% of first-time home buyers in the Houston area can afford the median-priced home despite even though home prices may have decreased for the first time in nearly a year. Since the economic boom in the 50s and …

bidding wars

2020 Will See the Return of Bidding Wars

Redfin has come out with its new predictions for the 2020 housing market with the expectations that bidding wars will return after an 18-month hiatus. What does that mean for the real estate market? Daryl Fairweather, Redfin Chief Economist stated: “Low mortgage rates started to revitalize the market at the end of this summer, but we won’t see their full …

interest rates

Fed Cuts Interest Rates – It’s a Great Time to Buy a New Home!

Fox Business reported in a recent article that the Federal Reserves cut interest rates on Wednesday for the first time since the start of the financial recession more than a decade ago, hoping to preserve the 11-year economic expansion.  During its two-day meeting, the Federal Open Market Committee voted to ease the benchmark federal funds rate by 25 basis points.

home buyer

Tips On Navigating the Home Buying Process for First-Time Home Buyers

If you’re a first-time home buyer, the home buying process can be a little nerve-racking. We’ve come up with a few tips to help you navigate the whole process and save you money: Start saving early for a down payment: Although it’s common practice to put 20% down, many lenders now permit much less. In fact, there are programs out …

summer home maintenance

Summer Home Maintenance Checklist for New Home Owners

Summer is definitely here, so as the Houston temps climb sky-high, you’d probably be forgiven for putting off summer home maintenance in favor of, well, just about anything else! But here’s the thing, the old saying still holds true – “An ounce of prevention is worth a pound of cure” – and there’s no time like the present to keep …

mortgage

5 Questions to Ask When Shopping for a First-Time Mortgage

Buying a home is a major financial commitment. It’s exciting, but can also be confusing and overwhelming. Choosing the best mortgage that fits your needs is an important first step and first-time home buyers in particular should research the many options and know the right questions to ask. Here are some questions to ask a lender that will help you …

bathroom organization

Bathroom Organization Tips for the New Home Owner

The key to a calm start to the day is having everything organized and at the ready in the bathroom. These bathroom organization ideas will help you keep your towels, toilet paper, and toiletries in order in your new Long Lake Ltd. home! Organize Your Medicine Cabinet Do you love a clean countertop? The way to achieve that is to …