New Home Friday 01-29-2016
  • Post By : New Home Ambassador

Now Open! NorthGrove at Spring Creek
  • Post By : New Home Ambassador
  • Toll brothers,new home ambassador,North grove,Spring creek

    Now Open! NorthGrove at Spring Creek, Toll Brothers’ newest master planned community will offer a traditional sense of community spirit to meet luxury living. At NorthGrove you will be renewed. From the beauty of the forest and the waters of Spring Creek to innovative community amenities, NorthGrove has been created to inspire and engage residents from the moment they arrive home.

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Act Fast and Buy New Now!
  • Post By : New Home Ambassador
  • new homes,housing starts,jobs market,employment growth,housing,construction

The economy added 292,000 jobs in December, more than anyone predicted, pushing 2015 into a robust year for employment growth. Builders in particular reported a spurt of hiring, a good sign for housing.

The good news is we’ve had two really strong back-to-back years for job creation. Wages are up 2.5 percent from a year ago, and more people joined the labor force in December, according to a report from the Labor Department.

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Investing in Real Estate Houston
  • Post By : New Home Ambassador
  • Homes For Sale,Home Buying,Home Selling,NHA,New Home Ambassador,Jutta Burden,Real Estate,Houston Real Estate

The real estate Houston business is indeed one of the most profitable businesses yet there are a couple of things that you ought to make before you actually make the investment. This article discusses all such matters so that can be sure of receiving the maximum returns. Should you invest in residential or commercial real estate Houston? Coming straight to the point, it is highly advisable that you invest in the Houston commercial real estate market rather than residential. There are quiet a good reasons for this such as Commercial real estate in Houston takes into account the widest range of the mist apt properties. Right from land to anything that is permanently fixed, you get the liberty to invest in just anything you want. It also includes plumbing, light fixtures, pipes, heating devices and so on. The commercial real estate also brings in a number of advantages for brokers as well. These middle men get to make profits out of asset percentage which they acquire as service charges. How feasible is to invest in downtown Houston? When it comes to downtown Houston real estate, majority of the people find it hard to acquire merely due to the exorbitant prices associated with it. However, it is here that you will come across a huge array of the best hotels, bars and restaurants, art hubs and other major attractions. Such offerings are too hard to resist and when you look at it from a long term view, profits and gains are sure to follow. One of the most valid reasons for the increased popularity of downtown real estate Houston is indeed the steep rise in the population. There has been a staggering 300% increase in its population over the past few years. A number of developers have now realized the importance of the real estate business in downtown Houston. And that is why you will find a number of major constructions such as three highways, buildings, shopping malls and so on. The exotic landmarks and as well as the historic buildings just add up to the popularity! Will you need a real estate appraiser? The need for a real estate appraiser especially in Houston is indeed extremely important. These are the experts who have wide knowledge regarding the market. When you want to invest in some property or the other, the appraiser communicates to you each and every aspect related to the particular investment that you are interested in. You can catch hold of these experts in the online medium. Yes, the communicative world of the internet has made it possible to find the Houston based appraisers that too in the most efficient and convenient manner. It is only then that you can be sure of making a good investment with high returns and profits. All your queries related to real estate Houston are answered right here. Do have a look at them all so that you can make the best investment of them all.

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Designing Your New Construction Home
  • Post By : New Home Ambassador
  • new home options,design your new home,flooring,kitchen options,new construction homes

Building your new home allows you to tailor your home to your current needs and your personal taste.  That’s what’s great about building a home.  You can dream big and your options are unlimited.  But what if you budget isn’t?  How do you choose the best upgrades and stay within your budget?

New Home Friday 01-08-2016
  • Post By : New Home Ambassador

New Home vs. Resale: Which is Right for You?
  • Post By : New Home Ambassador
  • new home vs resale,buying a new home,new construction homes,home buying

Is a newly built home right for you? Do you want a home that you’ve helped design and that offers the latest in energy efficiency and design? Or a previously owned home that may need fix-ups, paint jobs, and walls moved around to create the types of open spaces that make sense today?

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New Home Friday 01-01-2016
  • Post By : New Home Ambassador

New Home Friday 12-18-2015
  • Post By : New Home Ambassador

Predictions for the 2016 Housing Market
  • Post By : New Home Ambassador
  • housing market predictions,real estate 2016,housing market 2016

Based on a study by Forbes Magazine, in 2016 and 2017, housing construction will increase and home prices will continue to rise.  This is a result of more occupied housing which indicates a strengthening market in 2016. 

Most economists agree that housing prices and sales will continue to grow in 2016, just at a slower pace.  According to a recent report from RealtyTrac, for more than one-third of the nation’s major metro areas, home prices have reached all-time highs in 2015.  As mortgage rates increase and home prices wane, sales will grow about half as fast as they did this year and prices will rise at a steadier pace – 3.5% to 4.5%, down from 6% in 2015.

It will be easier for more Americans to qualify for a mortgage in 2016.  Lenders are taking steps to find new ways to measure creditworthiness such as evaluating credit scores based on a person’s rental history and utility bill payments.  They will also include income from room rentals and family members.  A bill was just introduced in the House of Representatives which would allow Freddie Mac and Freddie Mae to consider alternative credit-scoring models.

There will be more first-time home buyers.  First-time home buyers will make up a larger part of the market than in 2016 due to the reasons mentioned above… slowing prices and easier ways to qualify for mortgages.  This will give millennials the ability to purchase a home in 2016.  Lynn Fisher, MBA’s Vice President of Research and Economics, said, “Improving employment markets will build on major demographic trends – including maturing of Baby Boomers, Hispanics and Millennials – to create strong growth in both owner and rental housing markets over the next decade.”

Slower markets mean slower closings.  The market is expected to slow next year because government-backed loans will be more common and cash sales will decrease. 

The biggest risk to the housing market in 2016 continues to be shortage of inventory.  The number of homes for sale was down from 2014 to 2015 in 45 of the 60 metro tracked by Redfin. Inventory across all 60 metros is down 4 percent from a year ago.  In the most recent pending home sale report from NAR, sales have plateaued due to a shortage of homes and fast rising prices in some markets.

 

 

 

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