Business Messages

Feb. 25, 2022

Mortgage interest rate trend

Look at what has happened to the average 30 year interest rate in the last 2 months. It has moved from right around 3% to just a little above 4%. You can click the picture above for an interactive chart.

This amounts to an additional $300-400 per …

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Posted in Business Messages
Feb. 18, 2022

HAR's January Market Update

The Full January numbers have been published by HAR!

Year over year, the average sales price in Houston is up over $52,000.

As crazy as the start of last year was.... the supply of homes this January was even tighter!

Across much of West Houston, we are …

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Posted in Business Messages
Feb. 3, 2022

Protesting Taxes

Question: Who would like to pay less taxes?

By now you should have received your assessed value statement from your county assessor's office.

If you agree with the assessed valuation that this year's property taxes will be based on, then you're all set.

But what if you …

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Posted in Business Messages
Jan. 28, 2022

Renovating

To renovate, or not to renovate:
That is the question.

How much should you be spending to get your home ready for sale?

This is a question that we get asked daily, and like most other things the answer is "it depends."

Without seeing any one particular …

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Posted in Business Messages
Jan. 21, 2022

How inventory impacts the market!

I know that table is a little bit of an eye chart but study it for 10 seconds and read on.

This is the inventory level and 12-month sales history in the 10 square miles around my office, from $300-800K price point.
There …
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Posted in Business Messages
Jan. 20, 2022

Mike Ferry Conference

I just spent the Week in Vegas and I didn't gamble!

My business partner Kris and I attended the Mike Ferry Organization's Production Retreat this week in Las Vegas.

We spent 3 days in a very large conference room at Caesar's Palace with Mike Ferry and nearly …

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Posted in Business Messages
Jan. 13, 2022

December market update

 

Notable changes:

Lots of folks think of markets in terms of "good" or "bad" but in reality it's more useful to think of them as cycles. Real Estate is typically a very long term game, so it's critical to know what's …

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Posted in Business Messages
Jan. 13, 2022

(no title) - Post #1224

Lots of folks think of markets in terms of "good" or "bad" but in reality it's …
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Posted in Business Messages
Jan. 6, 2022

New Year New Numbers

HAR has released the January Fresh Report with year end numbers for 2022 compared to the previous year.
Total Listing volume is up dramatically. 73.1% more listings than the previous year, totaling 21,354 …
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Posted in Business Messages
April 21, 2021

Buyers and Seller Awareness

Houston we have a problem: (unless you're a seller)

 

 

The story right now in Houston (and much of the rest of the country) is the LACK of available inventory. We ran a report this morning for several zip codes across the west …

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Posted in Business Messages