Pecan Lakes (Richmond, TX)
By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Housing Experts Say This Isn't a BubbleWith so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what’s happening with real estate today, it’s important to lean on the experts for reliable information.Here’s why economists and industry experts say the housing market is not a bubble ready to pop.Today Is Nothing Like 2008The 2008 housing crash is still fresh in the minds of many homebuyers and sellers. But todays market is different. Odeta Kushi, Deputy Chief Economist at First American, says:“This is not the same market of 2008. . . . It’s no secret the housing market played a central role in the Great Recession, but this market is just fundamentally different in so many ways.”Natalie Camp...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Dos and Don’ts of Home TrendsThere are a number of trends in home decoration that you’ve likely seen come and go over the years. Some of them look pretty nice and create something of a timeless look, while others… well, it’s pretty easy to understand why they’re only temporary trends. Like them or hate them, though, following home trends can sometimes have a positive impact on the value of your home if you’re looking to sell. That is, of course, if you strike while the iron is hot.But what if you’re not actually looking to sell at the moment and just like the way that a trend looks? Will going all-in on some big trend hurt your home’s value down the line if you do decide to sell later? This could be a legitimate concern depending on the trend. After all, even if you’re on the market and...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Consumers Agree: Its a Good Time To SellIn todays sellers market, many homeowners are weighing their options and trying to decide if they should sell their house. If you're in that group, you may be balancing things like the ongoing health crisis, rising mortgage rates, and your own changing needs to determine your best time to make a move.However, recent data shows that time may already be here. According to the latest Home Purchase Sentiment Index (HPSI) by Fannie Mae, 76% of consumers believe now is a good time to sell.Looking back over the past few years, its clear consumers are incredibly optimistic today. The graph below shows the percent of survey respondents who say its a good time to sell a house, and their positive outlook is on the rise. The big dip near the middle of the cha...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
If you're following along with the news today, you're probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you're thinking about purchasing a home this year, all of these inflationary concerns are likely making you wonder if you should wait to buy. Investopedia explains that during a period of high inflation, prices rise across the board. And while home prices aren't immune from this increase, here's why inflation shouldn't stop you from buying a home in 2022.Homeownership Offers Stability and SecurityHome prices have been increasing for quite some time, and experts say they're going to continue to climb throughout 2022. So, as a buyer, how can you protect yourself from rising costs for things like food, shelter, ent...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Home prices continue to rise as we move through the summer, and that's good news for sellers who are looking to maximize their homes potential. If you're on the fence about whether to list your house now or later, the question you should really ask is: will this price appreciation last?Here's what three leading industry experts have to say about what lies ahead: Lawrence Yun, Chief Economist, National Association of Realtors (NAR):At a broad level, home prices are in no danger of a decline due to tight inventory conditions, but I do expect prices to appreciate at a slower pace by the end of the year. Selma Hepp, Deputy Chief Economist, CoreLogic:The imbalance between robust demand and dismal availability of for-sale homes has led to a continual bidding over asking prices, which reached ...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
With some credit report errors not getting fixed by either the credit reporting bureau or credit card companies, at least you have the Consumer Financial Protection Bureau in your corner.When you find an error in your credit report and send the credit bureau proof that your creditor was wrong when it said you paid late, didnt pay at all, or, worse yet, are deceased, you expect the bureau and your creditor to do the right thing. Like acknowledge the error and correct your credit report to show you paid on time, paid off your debts, or are still alive.And yet, the Consumer Financial Protection Bureau (CFPB) recently had to tell the credit bureaus (and the companies that report your payment record to the bureaus) to pay attention to your complaints and take more care investigating your dis...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Pecan Lakes Real Estate Homes For Sale, Rent & Price TrendsShayne Stone "Your Rock Solid Choice Realtor" that helps Home Sellers make a Profit and Home Buyers Equity in Pecan Lakes neighborhood / subdivision / community which is located in Richmond Texas 77406 in Fort Bend County. Pecan Lakes has 323 single family properties with a median build year of 2000 and a median size of 2,169 Sq Ft., these home values range between $201 - $272 K. The sqft. price change data is available through 1998. The median sold price/sqft is $105.87 while the median appraised value is $ 103.28/ sqft. View homes for sale or rent in Pecan Lakes and see new homes, trending properties, Foreclosures and much more.Find Pecan Lakes Real Estate (lots / land / rentals / single family homes) and Pecan Lakes Homes For...
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Richmond, TX Real Estate Professionals