Stately David Weekley built home, 1119 Lake Grayson Drive, with sparkling salt-water pool and outdoor kitchen. Very private backyard, no rear neighbors. Family room, breakfast room and master overlook pool. Wonderful master retreat with sitting area. Sunroom adjoins extra large kitchen with granite countertops and GE Profile stainless steel appliances. Elegant entry with two-story ceiling leads to formal dining room and study. Gameroom and three more bedrooms upstairs. You’re home!
Open House: Saturday, February 18th, 2-4 pm. and Sunday, February 19th, 12-3 p.m.
Directions: I-10 West to Pin Oak. Right on Pin Oak over I-10. Right on Katy-Flewellen. Left into Grayson Lakes on Grayson Lakes. Left on Anchor Lake. Right on Lake Grayson. Home is on the left.
If you cannot make the open house, or if there is heavy rain, call Julie Fuelling at 713-818-2404 for a private showing. Email: juliefuelling@sbcglobal.net. You will not want to miss out on this home!
Spoken by Julie Q. Fuelling |
Houston temperatures finally cooled a bit in September, but home sales remained hot. Sales of single-family homes climbed nearly 17 percent when compared to one year earlier and accounted for the fourth consecutive month of increased sales volume. The prices of those homes achieved all-time highs for a September in Houston. In addition, months inventory fell to the lowest level since May 2010 while pending sales rose and active listings declined. All are considered signs of a healthy and balanced housing market as the fall season gets underway.
According to the latest monthly data prepared by the Houston Association of REALTORS® (HAR), September sales of single-family homes rose 16.9 percent versus one year earlier. This increase followed home sales gains recorded in January, June, July and August of this year. All segments of the housing market, from the sub-$80,000 to the $500,000 and above, experienced positive sales in September. On a year-to-date basis, sales were up 3.2 percent.
“The combination of increased closed and pending sales, fewer active listings and strong pricing suggests that we are entering the fall home buying season on strong footing,” said Carlos P. Bujosa, HAR chairman and VP at Transwestern. “HAR’s September report shows rebalanced supply and demand throughout the Houston housing market with diminishing traces of the distortions caused by last year’s federal home buyer tax credit.”
The average price of a single-family home ticked up 0.4 percent from September 2010 to Read the rest of this entry »
Spoken by Julie Q. Fuelling |
Eliminating or curtailing the mortgage interest deduction would have a disproportionate impact on younger, middle-class families, who would see their ability to become owners significantly diminished, with sober implications for their longer term financial prospects, the National Association of Home Builders (NAHB) told Congress today.
“How housing is treated in any future tax reform will shape the economy going forward,” Robert Dietz, an economist and assistant vice president for NAHB, testified during a Senate Finance Committee hearing on tax reform options to provide incentives for homeownership.
Most Americans consider homeownership to be their single best long-term investment and a primary source of wealth and financial security. According to the 2007 Federal Reserve Survey of Consumer Finances, the median net worth of a home owner is $234,600, compared to $5,100 for renters.
“We believe that any policy change that makes it harder to buy a home, or delays the purchase of the home until an older age, will have a significant long-term impact on household wealth accumulation and the make-up of the middle class as a whole,” said Dietz. Read the rest of this entry »
Spoken by Julie Q. Fuelling |
Houston home sales rose for the second time this year in June, with the average price reaching an all-time high and the median price achieving the highest level in nearly two years. The sales increase reflects the slowdown in home purchases that set in a year ago following expiration of the home buyer tax credit. The credit triggered a surge in home buying during the spring of 2010 that resulted in slower sales volume during the remainder of that year.
According to the latest monthly data compiled by the Houston Association of REALTORS® (HAR), June sales of single-family homes edged up 0.6 percent versus one year earlier. That represents the first increase since January when sales volume rose 8.4 percent. The under-$80,000 segment of the market as well as homes priced from $250,000 and above experienced increased sales while the popular middle range, consisting of homes priced between $80,000 and $250,000, saw declines. Compared to June of 2009, a year with no unusual market factors such as Hurricane Ike in 2008 and the 2010 tax credit, single-family home sales were up 2.7 percent.
“We see the effects of the 2010 tax credit in the June Houston real estate market report in the form of a drop-off in sales that took place a year ago once the credit expired,” said Carlos P. Bujosa, HAR chairman and VP at Transwestern. “We expect these credit-skewed readings to taper soon, providing us with a more accurate gauge of market Read the rest of this entry »
Spoken by Julie Q. Fuelling |
M/I Homes is the newest homebuilder to join the builder team at Firethorne, a 1,400-acre master-designed residential community located in Katy/Fulshear. The builder’s 60-foot lot model home will be constructed in the new Firethorne West Model Park. Firethorne is situated 10 and 15 miles west of the Texas Medical Center-West Campus and Houston’s Energy Corridor, respectively.
M/I Homes’ one- and two-story homes, available in brick, stone and stucco exterior elevations, will range from 2,000 to 3,400 square feet and priced from the $220,000s. The builder’s signature features include soaring windows, rotundas, structural and designer options and a 30-year transferable structural warranty.
“We hand-select each of our builders based upon their high standards for design, quality, customer satisfaction and reputation,” said Firethorne General Manager Wayne Meyer. Currently completing the Firethorne builder team are: Ashton Woods Homes, Coventry Homes, Highland Homes, Partners in Building, Perry Homes, Plantation Homes and David Weekley Homes.
Firethorne, located in the top-ranked Katy Independent School District and Lamar Consolidated Independent School District, features 150 acres devoted to parks and recreational amenities, a 12-acre lake with surrounding greenbelt, resort-style swim center, new competitive swim center, sports fields, hike/bike trails, parks and playgrounds, discovery-rich wildlife observation area and a natural bird habitat.
To tour Firethorne, visiting both new construction and resale homes, call me at 713-818-2404. I have sold Katy real estate for over 22 years and would be delighted to hear from you!
Spoken by Julie Q. Fuelling |
According to a NATIONAL ASSOCIATION OF REALTORS® survey of 3,793 adults conducted by Harris Interactive, home owners and renters agree that home ownership benefits individuals and families, strengthens our communities, and is integral to our nation’s economy.
Among the findings of NAR’s “American Attitudes About Homeownership” survey:
- The vast majority of both home owners and renters say that owning a home is a smart decision over the long term. Even in today’s challenging economy, 95% of owners and 72% of renters believe that over a period of several years, it makes more sense to own a home.
- Home owners are much more likely to be satisfied with the quality of their family and community life than renters. While more than half of owners (56%) are “very” or “extremely” satisfied with the overall quality of their familylife, only about one-third (36%) of renters report the same levels of satisfaction. Also, 43% of home owners are “very” or “extremely” satisfied with their community life, compared with 30% of renters.
- An overwhelming majority of home owners are happy with their decision to own a home. A full 93% of owners surveyed would buy again. Read the rest of this entry »
Spoken by Julie Q. Fuelling |
HOUSTON — (June 21, 2011) — The 2010 home buyer tax credit continues to obscure an accurate gauge of how the Houston real estate market is performing. The 2010 federal incentive triggered a short-term surge in local home sales last spring that has skewed the year-over-year analysis most of this year.
When compared to the tax credit incentivized closed sales of May 2010, there were fewer home sales recorded in May 2011, according to the Multiple Listing Service (MLS) report prepared by the Houston Association of REALTORS® (HAR). At the same time, the number of listings that went under contract this May and expected to close in the next 30 to 60 days was up more than 35 percent when compared to May 2010—yet another comparison that is skewed by the tax credit that required buyers to enter purchase contracts by the April 30, 2010 deadline.
“Getting an accurate read on the Houston real estate market remains challenging because the 2010 tax credit prompted a surge in home sales during the first half of last year that otherwise would have occurred throughout the summer,” said Carlos P. Bujosa, HAR chairman and VP at Transwestern.
The average price of a single-family home jumped 6.5 percent from May 2010 to $220,210. Read the rest of this entry »
Spoken by Julie Q. Fuelling |
Abbreviated Article Compliments of “Realtor Magazine”
Pricing a home competively from the beginning is very important. Your largest number of showings occur in the first two to three weeks. The multiple listing service and the Internet drives the majority of showings. That’s why real estate experts stress that it’s important that sellers set a competitive, realistic price from the start.
Consider sweetening the deal. Sellers may be able to lure more buyers by offering some extra incentives such as leaving that top-of-the-line washer and dryer. Some items may be difficult to move like wall-mounted flat-screen TV’s. These perks may add a little extra Read the rest of this entry »
Spoken by Julie Q. Fuelling |
Gorgeous former Trendmaker one-story model with lots of upgrades has gone on the market in Grand Lakes at 6414 Dylan Springs. From the moment you enter, you’ll notice that crown molding and architectural details abound. There’s even a “secret” room for storage!
French doors lead into the study.You’ll find granite countertops in kitchen and master bath. The island kitchen is a cook’s delight with 42″ cabinet, a large pantry and gas cooking. The custom refrigerator has cabinet front; it stays with the house.
The rooms are over-sized rooms to accommodate large furniture. A wall of windows in family room looks out over the fully landscaped backyard. There’s a Rainbird sprinkler system throughout the yard. Custom draperies remain with the house.
You will be delighted with the air-conditioned extra room in garage. It’s currently being used as an exercise room; it has so many wonderful possibilities!
For a great photo slide show, see HAR.com, MLS # 78724054. For a private tour, call me at 713-818-2404! This home will be held open on Sunday, June 26, 1-4 p.m.
Spoken by Julie Q. Fuelling |
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In what reads like a carbon copy of the February housing report, local home sales fell slightly in March while the average price of those homes rose.
In what reads like a carbon copy of the February housing report, local home sales fell slightly in March while the average price of those homes rose. The lower sales volume compares to sales activity in March 2010 that was driven, in part, by the federal government’s first-time home buyer tax credit incentive.
According to the latest monthly data compiled by the Houston Association of REALTORS® (HAR), March sales of single-family homes fell 4.4 percent versus one year earlier. As in February, the popular middle segments of the Houston housing market, consisting of homes priced between $80,000 and $250,000, experienced declining sales while the low and high ends saw an increase in number of sales. Compared to March of 2009, a year without unusual market factors such as Hurricane Ike in 2008 and the 2010 tax credit, single-family home sales were up 6.6 percent.
Luxury home sales boosted the average price of a single-family home for a third straight month. The average price rose 3.3 percent from March 2010 Read the rest of this entry »
Spoken by Julie Q. Fuelling |
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