Category: Uncategorized
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A Drop in Mortgage Rates has Boosted Home Sales in 2025
Home sales in 2025 have risen 2% due to lower mortgage rates of 6.5-7% and high inventory. Buyers are encouraged to consider homes needing work and use construction loans to add value. Strategic mortgage choices, like shorter terms, are advised over focusing solely on rates. Increased real estate trade transactions, involving swapping properties, also contribute…
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Why Houston Remains a Magnet for Luxury Homebuyers
Houston’s luxury market benefits from ample land and steady construction, delivering more sq ft for the money. Affluent buyers enjoy large custom homes and high-end suburban developments at comparatively moderate prices.
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The Essential Guide for Houston First-Time Homebuyers
Buying your first home in Houston involves key steps: assess your finances by checking your credit score and saving for a down payment; get pre-approved for a mortgage; define your needs and wants; start house hunting; make an offer with contingencies; get a home inspection; finalize your mortgage; close the deal with a final walkthrough…
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کدام ایالتها بیشترین ساختوساز جدید مسکن را دارند؟
تگزاس، فلوریدا و کالیفرنیا در تعداد کل مجوزهای ساخت مسکن جدید پیشتاز هستند، در حالی که آیداهو، کارولینای شمالی و کارولینای جنوبی در سرانه ساختوساز جدید رتبه اول را دارند. جنوب آمریکا به دلیل رشد جمعیت، افزایش فرصتهای شغلی و شرایط مناسب زمین و مقررات، بیشترین رشد ساختوساز را تجربه میکند. ساختوساز جدید میتواند ورود…
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Will Lower Rates Boost Houston’s Market?
Houston reports 42.2% of owned homes without mortgages, reflecting strong equity positions. The Real Estate market’s response to falling rates is relatively moderate. Many long-term homeowners contribute to market steadiness. Rate-sensitive demand is present but not dominant. Houston’s Real Estate outlook remains stable despite financial policy shifts.
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Home sellers kept cashing in during third quarter
Home and condo sales profit margins reached nearly 50% in Q3, with typical home sales netting $123,100, slightly up from Q2 but down from last year. Median home prices rose 3% to $370,000. Profit margins have stabilized below 50% after peaking above 60% in 2022. Sellers held homes for an average of 8.39 years, the…
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Happy Thanksgiving
Thanksgiving is commonly known to commemorate the colonial Pilgrims’ harvest meal that they shared with Wampanoag Indians in 1621But it wasn’t a holiday until 1853 that Abraham Lincoln declared it a national holiday and kept Thanksgiving as the last Thursday in November.In many American households, the Thanksgiving celebration centers on cooking and sharing a bountiful…
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5 Tips to Improve your Credit, to Qualify for a Mortgage
Many potential borrowers in St. Louis and Kansas City are turned down for mortgages primarily due to credit scores below the required minimum of 640 and property value issues. To improve credit scores within 30-180 days, tips include: paying bills on time, keeping revolving account balances low, adding a spouse as an authorized user, applying…
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Houston Home Prices Dip, More Buyers Can Afford
Slide 1: 39% of Houston households purchased homes this year, showing a 2% increase. Slide 2: Median home prices slightly decreased to $349,400, stabilizing the market. Slide 3: Houston market described as balanced, with > five months inventory Slide 4: Rent prices ↓; 46% can afford $2,100 avg lease. Slide 5: Minimum annual income required:…
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Houston Open House Secrets: Win Big with Vahid Shams
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