Apex Properties listed 15 properties in the month of April!

So proud of our team because we're on fire right now!

We have listed 15 homes in the month of April (including 3 just today and yesterday) and 10 of them are already under contract!

I can't repeat myself enough. This April / May / June quarter is the Super Bowl of home sales every year and we are in the thick of it helping people get it done.

That house in the first photo has had 25 showing requests in the first 24 hours on market. Click the photo for a video walkthrough to see how we present our listings.

The house in the second photo was JUST listed at 2pm today and our first showing is already set for 4pm. You can click the photo for that video as well.

Buyers are out in droves right now.

If you are thinking about moving up or down and need some advice to help you get the most money for your house, give me a call anytime.We are here to serve you if you have a Real Estate need.

Please call our team anytime if you've got questions about the market or if you'd like to have any kind
of Real Estate conversation.

Want to know more about how our team works?
Click HERE for our seller info package.
Click HERE to see our current listings.

If everything seems under control,

you're just not going fast enough.

-Mario Andretti

March Numbers have been published by HAR

The Fresh Report is IN!

Alright. The March Fresh Report has been published.

Active listing inventory is up to 26,527 homes and you can see thats a 135% increase over last year.

Sounds like a lot of houses for sale right?

Well, the entire year before the 2020 pandemic, Houston consistently carried about 40,000 active listings per month. So in actuality, we're still down about 35% in total inventory compared to 2020.

Another positive sign is list prices are still
up year over year over 10.5%.

The fact that so many people have a locked in sub 3% mortgage interest rate should continue to keep our inventory levels relatively low and I believe this is going to keep prices pretty stable in the near term.

We are headed into one of the best quarters of the year to sell a house and I have 3 new listings coming on the market next week and 2 the following week!

If we can help you sell a home or buy a new one, please call us and let's talk about your goals. We are here to serve you if you have a Real Estate need.

Want to know more about how our team works?
Click HERE for our seller info package.
Click HERE to see our current listings.

Excellence is nothing more

than the mastery of fundamentals.

The market is heating up! 

At this very moment, our team has 19 listings in active or pending status!

Multiple offers and over list price contracts have surprisingly returned again and we have at least 5
new listings coming to the market in the next 2 weeks.

We are entering the prime selling quarter of the year so this jump in activity isn't completely unexpected, but it is still a bit of a relief to see things beginning to pop off after the last few months of a slower feeling market that we'd been experiencing.

May and June closings are the historical high point in price for the year, so if you are thinking of selling a property soon, listing it in the next 30-45 days is KEY to maximizing your price.

PLEASE reach out and let's talk about your goals.

Next week we will have the HAR FRESH Report for March and it should be interesting to see where the market stats are year over year.

We are here to serve you if you have a
Real Estate need.

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

Consistency is better than perfection

We can ALL be consistent, but

perfection is impossible.

The Full February Housing report has been published by HAR

You can read the full report (HERE).

The thing that stands out to me is the fact
that for all the changes we've seen in the market in the last 9 months, there is STILL less than a 3 month supply of inventory.

A stable market is considered to be 4-6 months of inventory.

Month's Supply of Inventory is calculated by taking the number of homes currently for sale divided into the last 12 months total closed sales. It's a moving target and it changes monthly, but it does give us an insight into the inventory level and the amount of options that buyers have when looking for a home.

0-3 Months Inventory - Seller's Market

4-6 Months Inventory - Stable Market

6-12 Months Inventory - Buyer's Market

So the interesting thing to see as the Spring and Summer selling season approach is will that inventory level grow? Will listings going under contract keep pace with all the new listings?

At this very moment, it's a good time to be a seller. In the last 30 days, We have helped 6 different clients get their homes under contract anywhere from 6 hours to 18 days on market.

If a property is well presented and priced correctly, days on market need not drag on very long.

We are here to serve you
if you have a Real Estate need.

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

We are all judged by what we finish

Not by what we start.

HAR has released it's FRESH Report for the month of February!

New Listing volume is up with almost 9,500 new homes added to the market in February compared to
8,111 listings added in Feb of last year.

The total active listing inventory is now up to over 20,000 available homes, and while this looks like a massive increase in the short term, I looked back to 2019 and early 2020 just to compare, and at that time we consistently had over 40,000 active listings available across the city.

So while active inventory has grown from 10-20K total listings in this past 12 months, its actually still less than half of what it was just a few years ago.

This means it's still possible to go under contract in a timely manner if the house is prepared well, presented well, and reasonably priced.

Finally, average active list prices are still holding up at a 10.4% increase over last year at this same time.

The public is still getting used to the new normal with interest rates now hovering in the 6% range, but regardless, around 10,000 homes will transact in Houston every month this year.

If you would like to be one of them, and you want guidance to achieve the highest possible price in your timeframe, please call our team anytime. We are here to serve you if you have a Real Estate need.

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

Success isn't always about greatness.
It's about consistency.
Consistent hard work leads to success.
Greatness will come.
-Dwayne Johnson

The Market is Showing Some Good Signs

We have listed quite a few homes so far this year and we are seeing good showing activity on our listings. Buyers are absolutely out looking at homes and entering into contracts.

One of our buyers just got a 4.5% interest rate at a new construction builder so if you have a plan to buy a house, the new construction route may be the way to get a better rate through a builder buy down.

Overall I have some very positive expectations for the Spring and Summer market here in Houston. A very large segment of the population will always need to move every year and we are heading into that time.

We are talking with all of our past clients this 1st quarter of the year about their Homeowner's insurance.

Hopefully you have been paying attention to this because over the last couple years the insurance companies have been raising the rates pretty dramatically. We have an insurance partner we have been working with for about a year now and he has been providing our clients with some VERY competitive insurance premiums and we wanted to share his info with you.

He saved me about $800 on my primary home's insurance premium this last year, so definitely worth a 5 minute call.

We have prepared him and explained this email is going out to the nearly 5,000 people in our database, so he is fully prepared for your inquiries. :)

His name is Austin Lynch and his number is 346-398-4996.

Call him and save money on your homeowner's insurance.

I also want to take this moment to tell you that NONE of the people we ever recommend provide us with a financial incentive to do so other than providing good service to you, so we can help you sell your house.

We just want the people we recommend to do great work at a fair price and help us get the home sold, or in this case, help you save money in general. We are here to serve you if you have a Real Estate need.

Please call us anytime if you've got questions about the market or if you'd like to have any kind
of Real Estate conversation.

We are here to serve you
if you have a Real Estate need.

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

Sometimes you win and sometimes you lose,
....but the game always goes on
as long as you decide to play.

Why The Realtor You Hire...Matters.

I'd like you to look at a few before and after photos:
The left column is how a house was presented on HAR when it didn't sell with a different agent the first time.

The right column is how it was presented when we took it on the market a few weeks later.

I called this client on the phone when her previous listing expired last fall. She had been listed with an agent with extremely low standards for photography and presentation. Unfortunately this is a common theme I see on other agents' expired listings daily.

We met and I made some recommendations and gave her the contacts to get the house ready. She ended up spending about $10,000 on all new carpet, paint, and extensive drywall work that needed to be done. No small investment to be sure.

The great news is we have this house under contact right now, closing later this month. It is selling at a price that is $70,000 HIGHER than the investor offers that she was receiving in the previous condition.

We believe the return on investment to prepare a home is at minimum 2-3x your money coming back, and the home ALWAYS sells faster as well. In this case it might have been 4-5x.

It is seriously worth it to thoughtfully prepare a home for the market.

That's what were here to help clients do; maximize their home's market value and minimize the time it takes to get the property sold. We are here to serve you if you have a Real Estate need.

Please call us anytime if you've got questions about the market or if you'd like to have any kind
of Real Estate conversation.

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

How you do anything...
is how you do everything.
-Martha Beck

The FRESH Report is in!

HAR Just released the initial January Numbers.

Brand new listings are up ever so slightly over last year at 9,664, but the big story is the fact that we have 80% more listings in active inventory than we had available last year.

This sounds on its face like we must be flooded with inventory, but all that's really happened is we've moved back to a more normal level of house availability.

It's the comparison to practically zero active and available listings from last year that skews this number. We actually still have a lower inventory level than our market had pre pandemic.

List prices are still holding slightly up year over year. This is the category that I'll be watching closely to see what kind of effect these 5-6% interest rates will have on the market over the long term.

Remember the previous emails about cycles...this next couple years is the time to buy and hold investment properties as we prep for the next upward cycle that will inevitably come.

Regardless of recent changes in the market, Houston Real Estate is still sure to be a great buy and hold investment for years to come as people continue to move here from higher cost states.

We are here to serve you if you have a Real Estate need.

Please call us anytime if you've got questions about the market or if you'd like to have any kind
of Real Estate conversation.

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

What the mind can conceive...and believe...

...it can achieve.

-Napoleon Hill

.

The Market is Heating up! 

Since January 2nd, I have seen a dramatic uptick in market activity. I have listed multiple houses, seen a couple of them go under contract, and I have more coming soon.

It is as though the New Year caused a switch to flip to the "on" position.

So just to make sure, I just ran the month's supply report for all of zip code 77494 just to see where we stand with inventory levels.

A 4 month supply is considered a "stable" market favoring neither buyers nor sellers.

If you look at the table above, you can see we are currently sitting at a 1.1 month supply. As hard as it may be to believe based on the slowdown of the second half of 2022, it is still an amazing time to sell.

I anticipate things will heat up nicely here as Spring and Summer approach. If you'd like to sell and get as much for your house as possible, I can help you prepare it for the market. Call me!

I hope you have a safe and happy weekend and I look forward to talking to you next week.
We are here to serve you if you have a
Real Estate need.

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

Everyone has two lives on this planet.

The second one starts when you realizes you have just one.