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American Confidence In Housing At An All-Time High

Fannie Mae just released the July edition of their Home Purchase Sentiment Index(HPSI).

American Confidence in Housing at an All-Time High

The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and forward-looking expectations of housing market conditions.

Great News! The index reached its highest level since Fannie Mae began their survey. Breaking it down, the report revealed:

  • Americans who say it is a good time to buy a home increased from the same time last year.
  • The share of those who say it is a good time to sell a home increased from last year.
  • The amount of Americans who say they are not concerned about losing their job over the next 12 months increased dramatically (16 percentage points) from last year.
  • Americans who say mortgage rates will go down over the next 12 months increased dramatically (24 percentage points) from last year.

The day after the index was released, Freddie Mac also announced the 30-year fixed-rate mortgage rate fell to its lowest level in three years.

Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae explained the uptick in the index:

“Consumer job confidence and favorable mortgage rate expectations lifted the HPSI to a new survey high in July, despite ongoing housing supply and affordability challenges. Consumers appear to have shaken off a winter slump in sentiment amid strong income gains. Therefore, sentiment is positioned to take advantage of any supply that comes to market, particularly in the affordable category.”

Bottom Line

Consumers are feeling good about the real estate market. Since Americans are not worried about their jobs, see mortgage rates near an all-time low, and believe it is a good time to buy, the housing market will remain strong for the rest of the year.

The Villarreal Team believes every family should feel confident when buying & selling a home.  Give us a call, we’d love to discuss the advantages of home buying and/or selling in today’s market and assist you with any other real estate needs you may have.

 

 

 

 

 

 

 

 

RE/MAX Integrity

19510 Kuykendahl Rd #B

Spring, Texas 77379

281-370-5100

5 CRITERIA FOR PRICING A HOME

Pricing your Home can be stressful. But we can assist you in determining the best price for a quicker sale.

When you put your home up for sale, one of the best ways to determine the asking price is to look at comparable sales. There’s rarely a perfect apples-to-apples comparison, so a pricing decision often relies on comparisons to several recent sales in the area.

Here are five criteria to look for in a sales comparison when pricing your home.

  1. Location: Homes in the same neighborhood typically follow the same market trends. Comparing your home to another in the same neighborhood is a good start, but comparing it to homes on the same street or block is even better.
  2. Date of sale: It varies by location, but housing markets can see a ton of fluctuation in a short time period. It‘s best to use the most recent sales data available.
  3. Home build: Look for homes with similar architectural styles, numbers of bathrooms and bedrooms, square footage, and other basics.
  4. Features and upgrades: Remodeled bathrooms and kitchens can raise a home’s price, and so can less flashy upgrades like a new roof or HVAC system. Be sure to look for similar bells and whistles.
  5. Sale types: Homes that are sold as short sales or foreclosures are often in distress or sold at a lower price than they’d receive from a more typical sale. These homes are not as useful for comparisons.

Home Pricing

The Villarreal Team
Recognized as one of the Top Real Estate Teams in Texas

TOP TIPS FOR HOUSE HUNTING ONLINE

Hunting for a new home online is a great place to start your search, but it should not be your end all be all. Good listing agents are excellent at highlighting the best features of the home, but keep in mind there may be more than meets the eye. To make the most of your time and efforts and gather a well-rounded picture of home listings online.

Keep the following three things in mind.

  1. While hunting, stay up to date. When you start your search, make sure you find a site that pulls up-to-date listings directly from the multiple listing service (HAR) where real estate agents actively post their most current homes for sale. Many online resources update less often or fail to remove listings that are off the market, making it more difficult to sort through the clutter.
  2. Pictures can be deceiving. Real estate photographers are experts at showing a home in the best possible light. Many use tools and strategies to boost appeal, such as a fish eye lens to make areas look larger and creative editing to make colors and textures really pop. But, often listings will not contain photos of unappealing parts of the home, like small closets or outdated bathrooms.
  3. See it to believe it. Once you find what appears to be your dream home online, call us and let us schedule a showing. You want to take the opportunity to see the home in person and explore every part of it before beginning the offer process.  As your Realtor, we will help you cover all your bases and will ask questions you may not have thought of.
If a new home is in your near future, contact us and let us help find you your dream home!  The Villarreal Team assisted over 250 families with their real estate needs in 2018, and would love to add you to our list this year!
Contact us anytime at:
713-557-7095

#rubenandnancy #thevillarrealteam #springtxhomesforsale #househuntingonline

The Villarreal Team
Recognized as one of the Top Real Estate Teams in Texas

Ever wish you could become one of those rare morning people?

The ones that wake in the morning with a fresh start, feeling refreshed and energized. The ones that get in that morning workout or wrap up some work before many of us even hit the snooze button for the first time.

Here are five tips to help you achieve that early bird status!

  1. Create a morning schedule. Physically write down the things you’d like to complete in the morning and set a time for each. Then stick with it. Once you force yourself out of bed early one or two weeks consistently, you’ll find it gets easier and easier to do.
  2. Let the light in. Whether natural or artificial, light tells your brain its time to get up and get going. If your room lacks large windows where you can open the blinds up, consider investing in a timed lamp or alarm clock with a light.
  3. Prep and eat breakfast. Although there are many of us who chose the skip breakfast, it is key to perking up your energy in the morning. Try prepping protein-focused meals the night before or grab a yogurt or fruit and try to consume it right after you wake.
  4. Get your body moving. Whether it’s a short walk around your neighborhood or a rigorous 5:30 am spin class, getting your blood pumping will help wake up your body and has a ton of other benefits, like stress and anxiety reduction.
  5. Feed your mind. Stimulate your brain and do something you enjoy first thing in the morning. Try reading a favorite book, catching up on the news, doing daily meditation, or setting intentions.

Morning status

The Villarreal Team
Recognized as one of the Top Real Estate Teams in Texas

WHAT TO REPAIR BEFORE YOU LIST

When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up/repair some of its possible weaknesses can make a big difference in how fast it sells.

Here are our top five recommended repairs to make before selling your home.

Repaint walls.
Giving your home a fresh coat of paint is one of the most cost-effective ways to spruce it up, and generally, it can be a do-it-yourself project. Make sure cover any walls with scratches and chips and consider updating any accent walls with a more neutral coat.
Repair floors.
Hardwood floors are a very desirable feature in a home, so you want to ensure they look their best by fixing scratches or dull areas. If your carpet is worn or stained, consider professional cleaning or replacing them.  And don’t forget the tile in your kitchen or bathrooms. Re-grouting can go a long way in making dingy tile work look brand new!
 
Refresh the landscaping.
Show buyers your home is the full package by dressing up the outside as well as the in. Clean walkways and driveways, plant seasonal flowers and plants, trim hedges and trees, install outdoor décor pieces and fill in mulch and gravel.
Fix your fixtures.
Leaky faucet? Rusted drains? Loose drawer handle? Making these small fixes can make a big difference to potential buyers with detailed-orientated minds. Improve your kitchen. An outdated kitchen can be a real eyesore in a home. Updating cabinetry, repairing or replacing counter tops, and installing new faucets and sinks may be worth the investment

Repair before listing you house
If you are looking to sell your home in the near future, please feel free to contact The Ruben & Nancy Villarreal Team.  We would love to give you our professional opinion prior to making the repairs.  It is our goal to save you as much money as possible, and to sell your house for top dollar!
RE/MAX Integrity
The Villarreal Team
19510 Kuykendahl Rd #B
Spring, Texas 77379
281-370-5100

Yard DIY Steps for a Quick Facelift:

Ever get the itch to do a DIY project? Whenever we do, our favorites involve getting outdoors and mixing up our landscaping features.

Whether it’s as simple as installing some lighting or a little more time-consuming like re-plotting plants. A fresh look for the lawn always gives your home a fresh look. Here are our top five easy DIY landscaping projects!

Create a pathway.

To guide you and your visitors throughout your yard and link different areas together, install a pathway. You can use materials from a variety of materials, including reclaimed pallet wood, flagstones, gravel, and more to add texture and color.

Add a wall or border.

Installing a flagstone, rock, or brick wall around flower beds or trees adds a sleek, clean look to your landscaping and helps separate different sections of your yard. Give you a focal point and is visual appealing.

Install a water feature.

Nothing says peaceful quite like the sound of trickling water as you relax in your backyard. You can start simple with by installing a small feature powered by a solar panel or create a larger focal point in your yard by installing a waterfall wall or small pond.

Light your way.

An easy way to transform your yard is to strategically use lighting. Place cool-colored lights high in trees to recreate a moonlight feel, use pathway lights to naturally guide the eye, or highlight objects or plants.

Plant upwards.

Expand your yard space by drawing the eye to the sky with a trellis fence or screen made of wood or metal. Once you install your trellis, select your climbing plants and vines and get to planting!

#springtxhomesforsale #rubenandnancy #yarddiy

 


DIY Yard facelifts

 

Ruben & Nancy

Moving tips to add to your TO DO list:

moving

Moving Day Tips

Preparing to move into a new home can be overwhelming. Needless to say you have a lot on your plate, so we made a list of the most important moving tips to keep in mind to prepare to move into their new home.

Before moving, Forward address

Forward your mail. Missing important government notices, taxes, and health care reminders can mean missing deadlines and incurring penalties.

It can be hard to remember which ones all need to be done, but if you write down all of the bills and mailing you have received in the last 1-2 months you should be sure you covered all of the bases. A few to keep in mind include your doctor, dentist, driver’s license, and credit card companies.

Movers

Moving takes a lot of energy (and muscle), therefore it’s best to leave it to the experts. Hiring movers will take a lot of the stress away from you, allowing you to focus on the more important logistics on moving day. And remember, have a list and don’t leave anything until the last minute!

  1. Book the movers! All other activities revolve around this schedule.
  2.  Prepare well in advance, really important – mark your boxes and count them – place the number of the box where it can be seen, as well as a list of the number of boxes and their contents, separately in case something is misplaced or lost – label everything!
  3. When moving day comes, make sure every last thing is in a box the night before. Make it easy for yourself – the only thing you should be doing on moving day is putting your night clothes and bedding in a clear plastic bag and getting it in a place you will know exactly where to find it.

Utilities & Services

You don’t want to arrive to your new home and have a bunch of tasks to do that you could have done ahead of time, you will be busy enough as it is with moving. Arrange your utility hookups and services (internet, phone, and TV) ahead of time to ensure a smooth changeover and installation.

Child Care & Pet Care

On a day like this you want as little distractions and things to keep an eye on as possible. “Arrange for child and/or pet care the day of the move so that you can put a full day of work into concentrating on the move.

Cleaners

Moving takes longer than you would expect, and the last thing you will want to do at the end of moving day is clean your old house. Hire a professional cleaner to ensure that you leave your place clean and tidy for the new owner. Also, consider having your new home cleaned before you move everything inside in order to get off on the right foot.

Get Rid of Stuff

The less you have to move the better, especially if there are things you just never use. Get rid of unnecessary items before you move – it takes a lot of time and energy.

Ask for Help

Don’t try and do it all on your own. Your friends and family are excited for you, ask them to help where they can!

#rubenandnancy #thevillarrealteam #springtxhomesforsale #movingdaytips

 

HOUSTON RODEO LINEUP 2019

Each night, once the Rodeo dust settles, a superstar takes the stage to entertain the crowds. The star entertainers begin performing after the last rodeo event is completed each evening and the stage is set. Actual start times for the concert can vary day to day due to the different number of rodeo competitors and other production elements.

  • Weekday rodeos start at 6:45 p.m. The entertainer takes the stage at approximately 8:45 p.m. NRG Stadium gates open at 6 p.m.
  • Weekend rodeos start at 3:45 p.m. The entertainer takes the stage at approximately 5:45 p.m. NRG Stadium gates open at 3 p.m.(The Saturday, March 16, 2019, rodeo performance will begin at 2:45 p.m., and the concert will begin at approximately 6:15 p.m. The Sunday, March 17, 2019,concert only performance will begin at 7 p.m., with no rodeo on this day.)

2019 Rodeo Lineup of ENTERTAINERS

What you need to prepare for buying your first home:


Buying first homeBuying a home is a big undertaking. From finding the right property and negotiating to sorting out the legal details and moving in, there are dozens of important steps along the way. And for many first-time buyers, it can seem overwhelming.

Fortunately, there are a few things you can do to make the process easier, even if you’re still in the planning phase. If you know buying a home is on the horizon, you’ll want to tackle these tasks before you get too far into your search:

1. Buying…Get pre-approved for your mortgage.

Research lenders, choose your mortgage company and apply for pre-approval. This will give you an idea of what you can afford so we can point you toward homes in the right price range.

2. Give your budget a test run.

Once you have a rough estimate of what your monthly payment will be, give that budget a trial run. Are you still able to afford all your monthly bills and expenses? If not, let’s have a chat with your lender to see what the monthly payment could look like if we target a lower price point.

3. Start saving.

It’s never too early to start saving up for your down payment and closing costs. Cutting out unnecessary spending and setting up automatic deductions from your paychecks are two easy ways to give your savings a boost.

4. Create a wish list.

What do you want in your future home? Jot down your must-haves concerning size, location and features. You can also include some deal breakers to help guide you in your search.

Are you looking to buy your first home soon? With the right help, the process will be less overwhelming. Reach out today for step-by-step guidance or a referral to a trusted lender in our area.

Hopefully you will find this information helpful.  As always, we are never too busy for your referrals.

🏡 Thinking of buying a lot, and building your dream home? The Ruben & Nancy Villarreal team can help you Step-by-Step with the Home Building Process! Give the Ruben & Nancy Villarreal team a call today to find out more on how we can help YOU get into the home of your dreams! We are here to make your home building process simple!

📲713-557-7095
#realestate #thevillarrealteam #rubenandnancy #remaxintegrity#springtxhomesforsell #newhomes #resale #buildyourown#CallUstoBuildYourDreamHome

🏡 Thinking of buying a lot, and building your dream home? The Ruben & Nancy Villarreal team can help you Step-by-Step with the Home Building Process! Give the Ruben & Nancy Villarreal team a call today to find out more on how we can help YOU get into the home of your dreams!📲713-557-7095#realestate #thevillarrealteam #rubenandnancy #remaxintegrity #springtxhomesforsell #newhomes #resale #buildyourown #CallUstoBuildYourDreamHome

Posted by Ruben Villarreal on Thursday, November 15, 2018