Fulshear, TX Real Estate News

By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this years expected to be much different than the norm. Here are five reasons to list your house now rather than waiting until the spring.1. Buyers Are Looking Right Now, and They're Ready To PurchaseThe ShowingTime Showing Index reports data from more than six million property showings scheduled across the country each month. In other words, its a gauge of how many buyers are out looking at homes at the current time.The latest index, which covers November showings, reveals that buyers are still very active in the market. Comparing this Novembers numbers to previous years, this graph shows...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
The need for effective pest control is unfortunately all too real for many homeowners. As temperatures start to drop it can become even more vital as many critters begin seeking places to stay warm and dry during the winter. Add in a readily available food supply and your home can start to look awfully appealing to various rodents and creepy crawlers. The problem is only going to get worse as the nights get colder and the outdoors become more inhospitable.Obviously, no one wants to share their home with a bunch of freeloading pests. Fortunately, there are steps that you can take to help keep your home pest-free throughout the winter months and into the spring. There are also services available to help you evict even the most stubborn of unwanted invaders. Let’s take a look at some of yo...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
If you're trying to decide when to sell your house, there may not be a better time than this winter. Selling this season means you can take advantage of todays strong sellers market when you make a move.Win When You SellRight now, conditions are very favorable for current homeowners looking for a change. If you sell now, here's what you can expect: Your House Will Stand Out While recent data shows there are more sellers getting ready to list their homes this winter, there are still more buyers in the market than there are homes for sale. If you sell your house now before more houses are listed, it will get more attention from serious buyers who are eager to find a home. Your House Will Likely Get Multiple Offers When supply is low and demand is high, buyers have to compete with each oth...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
The game of chess can provide incredible lessons to apply to all aspects of life, including the homebuying process. Chess requires you to plan and think about your strategy from the very beginning of the game.The homebuying process, like chess, requires strategy and planning. Here are a few things to keep in mind to ensure your plan is as strong as possible when you begin your home search.Pre-Approval: the Best Opening Play To Make as a HomebuyerIts important to have a great opening play when you're buying a home. And the best move you can make when you begin your home search is getting pre-approved by a lender. Youve probably already heard this is an important step, but what exactly is pre-approval and what benefits does it provide you?As Freddie Mac puts it:The pre-approval letter fro...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom:At least 1.7 million more older workers than expected retired due to the pandemic recession.If you've recently retired, your home may not fit your new lifestyle. The good news is, you've likely built-up significant equity that can fuel your next move. According to the latest Homeowner Equity Insights report from CoreLogic, homeowners gained more than 50,000 in equity over the past 12 months alone. That, plus todays sellers market, presents a great opportunity to sell your house and address your...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
There's a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year.The Number of Homes for Sale Usually Peaks in the FallIn the residential real estate market, trends generally follow a predictable and seasonal pattern. Typically, the number of homes available for sale (or active monthly listings) peaks in the fall. But in a chapter where so little feels normal, the question becomes: should we expect a fall peak this year?If we look at the active monthly listings for 2021 (shown in the chart below), well see that the number of homes on the market has increased fairly steadily since spring this year. The realtor.com d...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
 As you follow the news, you're likely seeing headlines discussing what's going on in todays housing market. Chances are high that some of the more recent storylines you've come across mention terms like cooling or slowing when talking about where the market is headed.But what do these terms mean? The housing market today is anything but normal, and its still an incredibly strong sellers market, especially when compared to the few years leading up to the pandemic. With that in mind, what can previous years tell us about todays real estate market and if its truly slowing?Were Still Seeing an Above Average Number of SalesYou may see headlines about a drop in home sales. But are those headlines telling the full story? The most recent Existing Home Sales Report from the National Association...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
There's a well-known economic theory the law of supply and demand that explains what's happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is very low, prices can rise significantly.Understanding the impact both supply and demand have can provide the answers to a few popular questions about todays housing market: Why are prices rising? Where are prices headed? What does this mean for homebuyers? Why Are Prices Rising? According to the latest Home Price Insights report from CoreLogic, home prices have risen 18.1% since this time last year. But what's driving the increase?Recent buyer and seller activity data from the National As...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Are you looking to buy a home? If so, we've got good news for you.While there's no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you're likely braving bidding wars and weighing low mortgage rates versus price appreciation as you search for your dream home. If you find yourself a bit discouraged, hear this: there are clear signs buyers may have more opportunities this fall.According to realtor.com, the sweet spot for buyers is just around the corner. In a recent study, experts analyzed housing market trends by looking at data from the past several years. When applied to the current market, experts determined the ideal week to buy a home this year. The research says:Nationally, the be...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
If you're on the fence about whether or not you want to sell your house this year, there's good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say these practices are here to stay. As Bob Goldberg, CEO of the National Association of Realtors (NAR), puts it:The pandemic has confirmed to all of us in the industry that technology will continue to transform real estate.Below is a closer look at some of the new tools real estate professionals are using to better serve sellers.New and Existing Technology Are Impacting the ProcessIn the 2021 Realtor Technology Survey, NAR asks real estate professionals their opinions on th...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Modern shingles have been in use on homes for over 100 years, and it’s no wonder that they have become more or less a default for roofing choices. Shingles tend to be more budget-friendly than some other options such as metal roofing and tile, and they’re also available in a wide range of colors and styles. The main downside to shingles is that they can suffer wear over time or be damaged during inclement weather, necessitating repairs and occasional replacements. While you might not have to replace your shingles right away, the longer you put off these needed repairs then the more likely it is that your roof will develop some problems.When the time comes to install a new shingle roof, you may find yourself facing kind of a big decision as you consider your options. If you aren’t sure w...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you're thinking of making a move, here are four reasons to put your house up for sale sooner rather than later.1. Your House Will Likely Sell QuicklyAccording to the Realtors Confidence Index released by the National Association of Realtors(NAR), homes continue to sell quickly on average, they’re selling in just 17 days. As a seller, that’s great news for you.Average days on market is a strong indicator of buyer demand. And if homes are selling quickly, buyers have to be more decisive and act fast to submit their offer before other buyers swoop in.2. Buyers Are Willing To Compete for Your HouseIn addition to selling...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity.However, demand isn't the real issue. Instead, its the lack of supply (homes available for sale). An article from the Wall Street Journal shows this is true for new home construction:Home builders have sold more homes than they can build. Now they are limiting their sales in an effort to catch up.The article quotes David Auld, CEO of D.R. Horton Inc. (the largest homebuilder by volume in the United States since 2002), explaining how they don't have enough homes for the number of buyers coming into their models:Through our...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Organization is an important part of keeping your home clean and tidy. Unfortunately, organization doesn’t always come easy to homeowners. It may be that your home just lacks the storage solutions that you need to effectively organize, or your house simply isn’t large enough to effectively contain all your family’s stuff. Maybe there is enough room, but the way your rooms are laid out makes things a bit difficult. Whatever the reason, you might feel like you’re fighting an uphill battle with organization and that it never lasts as long as you’d like.There is no one-size-fits-all solution to getting your house organized, but there are some things that might help. Not all of these suggestions are likely to fit your specific situation, but a few might point you in the right direction to st...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe its a good time to sell, it also confirms what many are sensing: an increasing number of Americans believe its a bad time to buy a home. The percentage of those surveyed saying its a bad time to buy hit 64%, up from 56% last month and 38% last July.The latest HPSI explains:Consumers also continued to cite high home prices as the predominant reason for their ongoing and significant divergence in sentiment toward homebuying and home-selling conditions. While all surveyed segments have expressed greater negativity toward homebuying over the last few months, renters who say they are planning to buy a home in the next few years have demonstrated an even steeper decli...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
 Some Highlights Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree new sellers listing their homes is great news for buyers and the overall market. Although the supply increases are modest, more homes means more options for buyers. A rise in inventory may also help slow the price gains we've seen recently and could be a sign of good things to come. If you're searching for a home, rising inventory is welcome news. Lets connect today to discuss new listings in our area.  
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand for housing is up while the supply of homes for sale hovers at historic lows.Lets use three maps to show how this theory continues to affect the residential real estate market.Map #1 State-by-state price appreciation reported by the Federal Housing Finance Agency (FHFA) for the first quarter of 2021 compared to the first quarter of 2020:As the map shows, certain states (colored in red) have appreciated well above the national average of 12.6%.Map #2 The change i...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(HomeSmart)
Do you ever ponder your floor joists? Or give serious considerations to the cladding under your siding? Of course not! There are parts of your home that just work, and you never have to really do anything about them. Although ductwork seems like one of those out of sight, out of mind things, it’s actually one that you should look into now and again. Dirty Ducts Spew Dirt Cheap Sure, you change your furnace filter religiously, as you should, but that doesn’t mean that the dust in your house is taken care of. Over time, ductwork collects dirt too, especially when your vents are on the floor. The filter can only catch the dirt that goes into it; it can’t do much for dirt that settles in ductwork through open vents. Over time your ductwork can get pretty dirty, despite your best efforts. Wh...
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By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
Cross Creek Ranch home builders include: Trendmaker (now Tri Pointe) Newmark Chesmar Taylor Morrison David Weekley Lennar Perry Homes Highland Homes Darling Homes (now Taylor Morrison) Avanti (by Trendmaker) Village Builders Partners in Building Detailed information on these Cross Creek Ranch home builders is listed below but keep in mind that things change quickly! Sections can sell out and model home locations and hours may change.>> Text Sheila Cox at 832-779-2890 to set up a home tour!  Trendmaker (now Tri Pointe)Model Home Hours: Monday – Saturday: 10am – 6pm, Sunday: 12pm – 6pmTrendmaker is one of the Cross Creek Ranch home builders with multiple sections in the neighborhood: Highlands  Egret Lake  Roseate Lake  “Four decades ago, inspired by the Texas families we build homes for,...
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By Sheila Cox, Katy & Sugar Land Real Estate Agent
(www.KatyHomesForSaleTX.com)
People always ask me, “How’s the market?” Wow! Do I have the answer to that question!My Cross Creek Ranch Real Estate Market Report contains over 10 pages of charts, graphs, and tables that illustrate current price trends, sales volume, Days on Market, and more. You can't get this accurate data anywhere else! DOWNLOAD the CROSS CREEK RANCH REAL ESTATE MARKET REPORT Updated February 2021 NOTE: Market data has to be analyzed a month after data is posted. So into through the end of February is posted in March.    Whats Included Detailed market data on Cross Creek Ranch. Ten-year trend of median sales prices. Ten-year trend of sales volume. Ten-year trend of median Days on Market. Neighborhood comparisons to surrounding area.  ⇒ You may also be interested in my Ultimate Guide to Cross Creek...
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