Check this link out for some great ways to add appeal to your home today!
I love trivia… he’s useful information that helps understand some myths about Real Estate posted from NAR website on 2/26/15
Thinking of Selling? Have your house Listed? Staging a home is recommended by Realtors often; some clients choose to and some don’t. Does it help? Here is an article posted by NAR on the Texas Association of Realtors on February 16, 2015…you decide…
Does Staging make a home sell for more?
01/29/2015 | Author: Editorial Staff
If you want to increase the price that buyers offer for your listing, staging the property might be the way to do it. According to NAR’s recently released 2015 Profile of Home Staging report, 32% of buyer agents surveyed said staging a home can increase the amount buyers are willing to offer by 1% to 5%. Sixteen percent said it could increase offer prices by 6% to 10%.
According to the report, the median dollar value to stage a home is $675, and 62% of seller agents offer the service to their sellers. If you want to give staging a shot, but do it on a budget, start with these five tips:
1.Try a theme for each room, like a reading nook or movie theater.
2.Remove personal items so buyers can picture themselves in the home.
3.Rework items a homeowner already has rather than making new purchases. This could be as simple as rearranging the furniture to highlight a room’s feature, or using old frames to display new artwork.
4.Paint the walls neutral colors.
5.Get a third party to suggest changes if you’re concerned about a seller having a negative reaction to your ideas.
Check out the link below to see if you qualify. Then give us a call. The market is active and moving out there!!!!!
Howdy! I get stopped quite a bit and asked how the economy in Seguin is looking and every time I go to answer; I have an addition to add to the growing opportunities come to this area…..
Shared from the Seguin Economic Development Page 1/28/15
Grocery store to provide new jobs, economic bonus for Seguin
(Seguin) — The construction of a new HEB store in Seguin is apparently more than just expanded products and more elbow room.
HEB General Manager Danny Crowson says the construction of the new store is in response to a growing customer base.
“I’ve been in this store for 14 years and felt like I knew just about every customer that came in here, but in the last six months, it’s been unbelievable to me. I go down on the sales floor on Saturdays and Sundays. I see new faces. I see younger people, a lot more younger folks are coming through the store than what they used to. When I came to this store 14 years ago, I believe our customer count was somewhere around 20,000 customers a week and now, we’re in excess of 30,000 customers a week (that) come through this store — 31,000 sometimes and as many as 32,000 customers in a week’s time come through this store. This town is growing and certainly things are changing,” said Crowson.
Crowson says the growing pains and changes in customers, however, aren’t only limited to Seguin. He says the local store attracts customers from all over.
“We have a lot of folks that travel 30-35-40 miles to shop in Seguin. Obviously, there’s other reasons to come to Seguin other than just groceries but we have a lot of customers in the Nixon, Stockdale area, Gonzales even though there is a new HEB there, there’s still lots of folks that come in here form Gonzales, Luling and San Marcos. We have a lot of folks that live right outside of San Marcos that come here and shop in this store and of course, it gets difficult to get around in New Braunfels during the summer time when all of the river people show up. There’s lots of folks that really live closer to New Braunfels, but don’t like the hassle and come into Seguin as well,” said Crowson.
Crowson says the new store, of course, will also mean\ the need for more employees at the store.
“One of the things that we will be doing is obviously — we’ve got about 249 — what we call partners — working at HEB today. We will be well in excess of 300 partners whenever the new store opens. So lots of new opportunities for jobs,” said Crowson.
A variety of positions are currently available. However, a large number of employees are expected to be hired during the summer. Those wishing to apply for a position are asked to submit their information to www.heb.com
Hello! Things are really moving out there. Contact us soon if you are thinking of Selling or Buying! We would love to help you out.
Poster from Texas Association of Realtor’s webpage:
01/02/2015 | Author: Jaime Lee
You’ll learn a lot about home inspections as a first-time homebuyer. Here are a few Inspection 101 questions that your Texas REALTOR® can answer when it’s time to look under the metaphorical hood of your first house.
Who pays for it?
As the buyer, you choose the inspector, pay him directly for the inspection, and the inspection report he generates is yours. If you don’t already have a home inspector in mind, ask your friends and family members for a referral, or your Texas REALTOR® may be able to recommend someone. Whoever you chose must be licensed by the Texas Real Estate Commission.
What does an inspector do?
An inspector will conduct an “objective visual examination of the physical structure and systems of a house, from the roof to the foundation,” according to the American Society of Home Inspectors. The inspector will go through the entire house and make note of any damage, need for repairs, or maintenance issues, and then give you a copy of the completed report based on his findings. It’s important to know that there could be defects a home inspector will not find and wouldn’t be expected to find if the defects are in areas with limited or no access.
When should I get an inspection?
Your Texas REALTOR® will discuss including a termination-option period in your contract to purchase the home. This is an amount of time during which you can conduct inspections, negotiate with the seller for repairs, and still have the option to terminate the contract.
Where should I be during the inspection?
You don’t have to be at the property during the inspection, but it’s in your best interest to be there. Your inspector may not mind if you accompany him and ask questions as he checks everything out, but be sure to ask first.
Why should I have this done?
Buying a home is probably the largest investment you will ever make, so you want to know as much as you can up front. A home inspector will point out items that need regular maintenance and identify any problems.
After your inspection is complete, talk with your Texas REALTOR® to determine if there are any issues you want to ask the seller to address before you move forward. A Texas REALTOR® has experience with the home-buying process and will make recommendations that are right for you.
Happy Friday!!! I am enjoying this wintery weather. It makes me appreciate the upbringing I had and enjoy our active spring days and the warmth of our summer.
Seguin is in the spotlight again. The Seguin Economic Development Board did an outstanding job showcasing our wonderful town!!!
Enjoy and stay warm!!!
Below is a link that talks about a 100% Loan to Value Loan (LTV), Tax savings for short sales and Loan programs for first time home buyers!!!
Posted from The National Real Estate Post 12/6/15
Awesome New Programs!!
Going by the latest information from the United States Bureau of Economic Analysis, the third most significant industry of the Lone Star state is real estate. This industry typically contributes about 7.8% – 12% of the GDP (Gross Domestic Product) of Texas.
Texas real estate industry goes across the boundaries of the state and affects the financial activity of other parts of the nation as well. The interrelated finance dealings form a complex web that reflects the scenario of the modern economy. So whatever happens in Texas influences the entire country, and to some extent, the world as a whole.
U.S. bureau report highlighted some facts:
- For every $1 million of revenue generates by the Texas real estate industry, about $0.5 million of revenue is earned in other parts of state economy.
- For every $1 million of revenue generated by Texas real estate industry, 5.16 jobs are generated in the real estate industry, and 5 jobs are generated in other industries in the state.
- Texas real estate industry has the largest proportion of self employed individuals
About 0.5 million people of the state work in the real estate industry, making it 3.9% of the statewide employment. Looks like it’s a good time to buy a home in Central Texas.
Seguin homes for sale, and it’s a good time to buy. At least that is what most Americans believe. I read an article in Realty Times by Broderick Perkins that said “most Americans believe the housing market has hit the bottom and that it’s a good time to buy, in part because many also think rents will rise faster than home prices.
Fannie Mae’s latest nation housing survey found that 70 percent of Americans think it’s a good time to buy a home, up from 64 percent in January.
By an overwhelming majority, 78 percent, also believe home prices will either hold steady or increase over the next year, compared to 85 percent believing the same thing about rental increases.
While Americans expect rents to rise by 3.6 percent on average, home prices are expected to turn up only by 0.9 percent, Fannie Mae found.
“Given the remaining level of shadow inventory, as well as the high number of adjustable rate resets still looming which could in turn lead to further defaults, it is difficult to see the supply of housing falling in an amount sufficient to move prices upwards in many parts of the country,” said Nancy Osborne, chief operating officer of Erate.com, a Santa Clara, CA-based financial information publisher and interest rate tracker.
Also 67 percent believe housing is a safe investment, down three points since January and down 16 percentage points from a similar 2003 survey and the largest drop by far among all investment types tracked since then. Housing ranked second behind putting money into a savings or money market account (76 percent).
“Our survey shows that consumers see a mixed outlook for housing and homeownership,” said Doug Duncan, Fannie Mae’s vice president and chief economist.
“These findings indicate a return to a more balanced and realistic approach toward housing. While this will likely weigh on the housing recovery in the near-term, it should, over time, help to build a stronger and healthier market focused on sustainable homeownership,” he added.
The Fannie Mae National Housing Survey polled homeowners and renters between June 2010 and July 2010 and compared the findings to similar surveys released earlier this year and 2003.
The survey also found:
• Mortgage borrowers (74 percent) and underwater borrowers (69 percent) are more likely to say owning a home is a safe investment than delinquent borrowers (57 percent) and renters (54 percent). However, this measure has fallen among all sub-groups since January, with delinquent borrowers and renters showing the largest declines, down eight and seven points, respectively.
• More than 70 percent of all respondents believe it will be harder for the next generation to buy a home, up three points from the beginning of the year.
• Fifty-four percent think it would be very difficult or somewhat difficult to get a home loan today, down six points since January.
• Thirty-three percent of all Americans said they would be more likely to rent rather than buy if they were going to move, up from 30 percent in January.
• Among renters, 60 percent said they would rent again if they were to move, up from 54 percent in January. However, 69 percent of renters think it makes more sense to buy a home than to rent.
• Mortgage borrowers (83 percent) and underwater borrowers (77 percent) remain bullish on housing and said they are more likely to buy in the future than rent — both groups increased two points from January.
“If you couple this (high inventories and rate resets) with the reality that it is far more difficult to obtain a mortgage as well as a job, when selling a home to someone who presumably needs financing to buy it, housing is still facing a conundrum.” Osborne added.”