Friday, May 2, 2014

Champion Forest Executive Home - $479,000

Grand Southern plantation executive home in coveted Champion Forest in Spring Texas. Attention to interior architectural details are evident beginning with the beautiful crown moldings, hardwood floors,door way moldings & two story wood paneled den. Hard to find apartment over garage offers beautifully appointed living space for guests or family; can also be game room or media room. Private cul-de-sac lot with swimming pool, spa & covered patio. This home has been completely remodeled including bathrooms & kitchen. Fourth bedroom upstairs is currently used as a Media room but can be restored back upon request.

 Highly acclaimed Klein Independent school district.



Contact Amanda Nicodemus at 281-380-5589 for a private showing.

Tuesday, December 3, 2013

Just Listed! 28618 FM 2920 Waller Texas 77484

Just Listed! 28618 FM 2920 Waller Texas 77484
REDUCED PRICE! Remote controlled wrought iron access gate. New asphalt driveway. New light yellow exterior paint. Enjoy the peace and quiet of country living! Home situated on a 2 acre improved lot! Great location just minutes from Hwy 290 West. Completely Remodeled! 




Over sized bedrooms. Indoor laundry room. Stainless steel appliances. Tiled living area. Carpeted bedrooms. Storage shed. No restrictions. Enjoy riding your horses in the country. Great location for your home based business with frontage off FM 2920. Prairie View A&M University is just a few miles away. Call Amanda 281-380-5589 more more information or to schedule an appointment. Price is negotiable.  Low property taxes!

Wednesday, October 23, 2013

Celebrate Halloween at Creekside YMCA

Come celebrate Halloween at the Outdoor Family Fright Fest featuring Trick or Treating on the Trails, traditional festival games and booths including treatwalk, face painting, moon walk, tattoo art, ghost toss, haunted tree  houses and teepees, arts/crafts, pumpkins, photo booth and more. Children and families are encouraged to wear friendly festive costumes.

Admission is Free but all guests are encouraged to bring a non-perishable food item for the local food pantry. Donations are welcomed. Concessions also available to purchase.

Contact 
Email Us For More Info
Phone: 281-367-9622
Visit Our Business Directory Listing: Creekside YMCA
View All Our Events
Location Details
 6464 Creekside Forest
 The Woodlands,  TX    77381


Tuesday, June 18, 2013

MortgageOrb: Lawsuit: Bank of America Lied To Homeowners Seeking Loan Modifications

Six former Bank of America Corp. employees have reportedly filed a lawsuit in Massachusetts federal court alleging that the bank deliberately denied loan modifications to eligible homeowners in order to force them into foreclosure.

The former employees, who worked at different bank offices across the U.S. up until last year, claim they were told by upper management to lie to homeowners about the status of their mortgage payments and documents for the purpose of forcing them into foreclosure or getting them to sign modified "in-house" loans at rates of up to 5%, according to a CNBC report.

MortgageOrb: Lawsuit: BofA Lied To Homeowners Seeking Loan Modifications

Friday, May 10, 2013

Building your Home Equity is still a Sensible Investment in your Future

Why Home Equity Beats Facebook Equity

Facebook’s IPO and subsequent stock value points up a simple truth: It’s easy to get caught up in the notion of getting rich quick. But there’s no surer way to wealth than home ownership.
 
As Facebook’s IPO approached, it was easy to start traveling down the “what if” path: “What if I had equity in Facebook?!? How rich would I be?”

If my parents had only bought me Berkshire Hathaway stock for my first birthday in 1962, I’d have made some serious money in stock equities.

Alas, they didn’t recognize the hot stock of their era any more than I would recognize the hot stock of mine.

Like most Americans, it’s home equity, not stock equity, that will pad my bank account when I hit the retirement finish line.

About two-thirds of Americans invest in home ownership, but only half of us invest in stocks. (I suspect this is in no small part because we have to make our mortgage payments every month or the bank comes and takes our houses back.)

The fact is, more of us are getting rich by buying and paying off our homes than by picking the next Facebook.

Here are some interesting facts from the National Center for Real Estate Research:
  • 6 in 10 of us have more home equity than stock equity.
  • One-fifth of Americans’ total net worth is home equity.
  • Home owners accumulate, on average, $167,000 in their lifetimes, compared to $42,000 for renters.
  • The median wealth for the poorest American home owners, those earning less than $20,000, is 81 times that of renters with similar income.
In a recent study that took into account falling home prices, buying was still more likely to generate wealth than renting, simply because renters are more inclined to spend instead of save and invest in stocks.

The bottom line is this: Even if renting appears cheaper on a spreadsheet, the forced savings of home ownership leads to wealth more reliably than renting. Many of us simply don’t have the willpower or motivation to save our discretionary income and invest it in stocks.

So unless you’ve got the inside track on the next hot future IPO, keep making your mortgage payments.

What’s worth more right now, your IRA or your home?

  • Published: October 29, 2012
  • By:
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    Read more: http://www.houselogic.com/blog/why-home-ownership-matters/facebook-ipo-home-equity/#ixzz2Sx7cb6Zh

    Houston Texas Home Sales Blossom in March 2013

    HOUSTON HOME SALES BLOSSOM IN MARCH
    Aggressive home buying shrinks inventory further while driving the median price to a record high
    HOUSTON (April 16, 2013) It’s hard to tell that the spring home buying season has begun because real estate transactions throughout Greater Houston never slowed during the traditionally quieter winter months. The addition of nearly 119,000 jobs over the past 12 months and the resulting need for housing, combined with continued low interest rates, helped make March Houston’s 22nd consecutive month of positive home sales.
    According to the latest monthly data prepared by the Houston Association of REALTORS® (HAR), home sales jumped 17.0 percent compared to last March. Housing inventory, which had been at a 13-year low of 3.6 months during the first two months of the year, shrank slightly in March to 3.5 months.
    The lower supply of homes and added demand sent prices higher. The median price of a single-family home—the figure at which half the homes sold for more and half for less—rose 6.5 percent to $172,000, an all-time record high for Houston. The average price rose 4.6 percent year-over-year to $236,195, the second highest level ever.
    Contracts closed on 5,779 single-family homes. That is the largest one-month sales volume since August 2012. All housing segments experienced gains except for those priced under $80,000. Homes selling between $80,000 and $250,000 registered the greatest sales volume increase.

    “REALTORS® continue to see multiple offers on single-family homes and condos throughout the Houston market, which suggests that our local economy is growing stronger by the day,” said HAR Chairman Danny Frank with Prudential Anderson Properties. “Governor Rick Perry recently stated that Texas is the fastest growing state in the country, and most of those people seem to be coming to the Greater Houston area because our job market is better than that of Dallas, Austin and San Antonio."
    In reporting the addition of 118,700 net jobs during the past year, the U.S. Bureau of Labor Statistics ranked Houston No. 1 for job growth among the 20 most populous U.S. cities. The 4.5 percent hiring increase returns Houston to its previous job peak of the fall of 2011.
    Foreclosure property sales reported in the HAR Multiple Listing Service (MLS) declined 27.2 percent compared to March 2012. Foreclosures currently make up 12.3 percent of all property sales, down from 15.8 percent one month earlier. The median price of foreclosures climbed 5.8 percent to $86,000.

    March sales of all property types in Houston totaled 7,006, a 19.4 percent increase over the same month last year and the largest one-month volume since last August. Total dollar volume for properties sold leapt 23.6 percent to $1.6 billion versus $1.3 billion a year earlier.
    March Monthly Market Comparison
    March brought positive results to Houston’s overall real estate market when all sales categories are compared to March 2012. On a year-over-year basis, total property sales, total dollar volume and average and median pricing all rose.
    Month-end pending sales totaled 4,433. That is up 6.5 percent from last year and portends the likelihood of another month of positive sales when the April figures are tallied. Active listings, or the number of available properties, at the end of March declined 22.1 percent from March 2012 to 32,704.
    Housing inventory in Houston held at 3.6 months in January and February, but slipped slightly in March to 3.5 months. That remains the lowest level recorded since 1999. Inventory first fell below a five-month supply in August 2012 and then dropped below a four-month supply last December. The inventory of single-family homes across the United States stands at 4.7 months, according to the latest report from the National Association of REALTORS® (NAR).
    CATEGORIESMARCH 2012MARCH 2013CHANGE
    Total property sales 5,8667,00619.4%
    Total dollar volume $1,276,756,997$1,578,481,65323.6%
    Total active listings 41,99732,704-22.1%
    Total pending sales 4,1624,4336.5%
    Single-family home sales4,9415,77917.0%
    Single-family average sales price $225,809$236,1954.6%
    Single-family median sales price $161,500$172,0006.5%
    Months inventory* 5.63.5-37.7%
    * Months inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This figure is representative of the single-family homes market.


    Single-Family Homes Update
    March sales of single-family homes in Houston totaled 5,779, up 17.0 percent from March 2012. That marks the 22nd straight monthly increase.
    Single Family
    Broken out by housing segment, March sales performed as follows:
  • $1 - $79,999: decreased 17.1 percent
  • $80,000 - $149,999: increased 15.1 percent
  • $150,000 - $249,999: increased 23.1 percent
  • $250,000 - $499,999: increased 30.7 percent
  • $500,000 - $1 million and above: increased 20.5 percent

  • Single Family Average Home Price


    The median price of a single-family home rose 6.5 percent from last year to $172,000, the highest level ever recorded in Houston. At $236,195, the average sales price for single-family homes achieved the second highest ever, up 4.6 percent year-over-year.
    HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In March 2013, existing home sales totaled 4,915, a 23.3 percent increase from the same month last year. The average sales price rose 4.9 percent year-over-year to $221,714 while the median sales price jumped 10.3 percent to $159,900.
    Townhouse/Condominium Update
    March sales of townhouses and condominiums rocketed 47.1 percent from one year earlier. A total of 550 units sold last month versus 374 properties in March 2012. The average price edged up 2.8 percent to $173,155 while the median price increased 3.0 percent to $139,000. Months inventory was 3.7 months compared to the 6.8 months level it held in March 2012.
    Townhouse/Condominium Sales


    Lease Property Update
    Houston’s lease property market saw generally positive results in March. Rentals of single-family homes increased 7.8 percent compared to March 2012 and year-over-year townhouse/condominium rentals were flat. The average rent for single-family lease homes was $1,552 while it was $1,393 for townhouses/condominiums – representing increases of 4.3 percent and 5.0 percent respectively.
    Houston Real Estate Milestones in March
    • Single-family home sales increased 17.0 percent year-over-year, accounting for the market’s 22nd consecutive monthly increase and the largest one-month sales volume since August 2012;
    • Total property sales rose 19.4 percent compared to one year earlier and also accounted for the largest one-month sales volume since August 2012;
    • Total dollar volume jumped 23.6 percent, increasing from $1.3 billion to $1.6 billion on a year-over-year basis;
    • At $172,000, the single-family home median price reached an historic high for Houston;
    • At $236,195, the single-family home average price reached the second all-time highest level;
    • 3.5 months inventory of single-family homes is the lowest level since 1999 and compares to the national average of 4.7 months;
    • Sales of townhouses/condominiums shot up 47.1 percent year-over-year.
    The computerized Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by REALTORS® throughout Harris, Fort Bend and Montgomery counties, as well as parts of Brazoria, Galveston, Waller and Wharton counties. Residential home sales statistics as well as listing information for more than 50,000 properties may be found on the Internet at http://www.har.com.

    The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

    The MLS does not verify the information provided and disclaims any responsibility for its accuracy. All data is preliminary and subject to change. Monthly sales figures reported since November 1998 includes a statistical estimation to account for late entries. Twelve-month totals may vary from actual end-of-year figures. (Single-family detached homes were broken out separately in monthly figures beginning February 1988.) Founded in 1918, the Houston Association of REALTORS®

    (HAR) is a member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of REALTORS® in the United States.