This is the salary you need to buy a house in Houston right now

www.houston.culturemap.com

Mortgage resource HSH.com has crunched the numbers to find the yearly salary needed to afford the principal, interest, taxes, and insurance payments on a median-priced home in Houston, and it’s one of the highest in the nation. [Read more…]

5 ways Harvey affects Houston’s real estate market

www.communityimpact.com

Although flood recovery is just beginning in the Greater Houston area, the economic effects of Hurricane Harvey are expected to linger for several months, according to a report from CBRE, a commercial real estate services and investment firm. [Read more…]

Understanding the Role of the Real Estate Agent

www.zillow.com

The road to homeownership can be bumpy, and it’s often filled with unexpected turns and detours. That’s why it makes sense to have a real estate pro help guide the way. [Read more…]

Don’t Buy That Fixer-Upper (Unless You Know These 4 Things)

www.houselogic.com

Sure-fire ways to spot a fixer-upper that’ll fix you up financially.

In 2012, Alessandra Pollina and her husband, Ondre, were looking for a property that would need no more than some cosmetic changes and upgrades. But because the price was right, they ended up with the ultimate fixer-upper: a two unit, single-family-style home that was already gutted to the studs. [Read more…]

Homeowners and appraisers come closer to seeing eye-to-eye on home values

www.houstonagentmagazine.com

A home appraisal is a crucial step in homebuying and selling, but often times homeowners and appraisers do not see eye-to-eye on the value of a home. [Read more…]

5 Financial To-Dos for First-Time Buyers

www.realtormag.realtor.org

First-time home shoppers come to you eager to buy, but there’s a lot they need to do before they start touring listings and submitting offers. Make sure you keep them on track so that the path to closing is smooth. Here are a few items you can remind them to do to make sure their finances are in order. [Read more…]