June 30, 2010

Is now a good time to refinance?

With the interest rates for 30-year home mortgages at 50 year lows, NOW may be not only a good time but a great time to refinance. What’s in store for mortgage interest rates? According to the Mortgage Bankers Association you should expect interest rates to steadily rise. But does low interest rates and a predicted rise in interest rates automatically mean you should refinance your Spring […]

June 28, 2010

Farms Stands in Spring Texas

For as long as I can remember my father has had a garden. During the summer months, what we had for dinner was based on what was ready to be picked and eaten from his garden. As a kid eating fresh from the garden vegetables was not a treat and something to be enjoyed. The […]

June 25, 2010

REDUCED tag – value or NO value?

Recently the HAR.com real estate website made modifications to their listing price reduction feature. The modification allows buyers to search for homes with any price reduction instead of just homes that have been reduced in price by 5% or more. Now, any listing that has been reduced in price will have a reduced tag and will show the […]

June 23, 2010

Horses take over Vintage Park

Fourteen life-size fiberglass horses have arrived at the Vintage Park shopping center (110 Vintage Park Blvd Houston Texas 77070). In the coming weeks, the horses ( ten adults and four foals) will be painted by local artists and then displayed around the Spring Texas area until the Northwest Assistance Ministries’ (NAM) annual Jeans & Jewels gala on […]

June 21, 2010

Stop! Don’t buy that fridge for your new house …. YET

Okay, I admit the title for this post is a little bit dramatic. But I needed to get your attention to let you know of a change in the mortgage industry. As a Spring Texas Realtor, I do not even attempt to stay on top of the ever changing mortgage industry. Instead, I rely upon the expertise […]

June 19, 2010

Fireworks

There are certain times of the year that you don’t need a calendar to tell you the date. You just look around and immediately you know what time of year it is. The other day when I was driving from my house in Spring Texas down Louetta to the Better Homes and Gardens Real Estate Gary Greene office, I saw the signs […]

June 17, 2010

Mortgage Rates to slowly increase

The Mortgage Bankers Association (MBA) economists have revised their mortgage interest rates projections and are now predicting a slower than anticipated increase. The interest rate for 30-year mortgages are still projected to be in the high 6% range by fourth quarter of 2012. The revision is in how quickly the 30-year mortgage interest rates will rise from their […]

June 15, 2010

Spring Texas Real Estate: Market Report May 2010

What’s going on with the, Spring Texas Real Estate Market? The expiration of the federal home buyers tax credits generated a 27% increase in May’s sales versus the prior year. The expiration of the tax credits also impacted the pending sales but in the opposite direction with a 11% decrease. Active Listings are up 15% over the prior […]

June 13, 2010

When are you in contract?

Our Spring Texas real estate contracts have many dates listed in them with the most important date of them all being the date of the contract itself. The contract date (a.k.a. effective date) is the starting point for all the other actions in the contract that are specified to be done in X days. The contract […]

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