Houston Real Estate Blog

Understanding Zestimates

Understanding Zestimates

The digital age has revolutionized the way we gather information, especially when it comes to real estate. Websites like Zillow provide an estimate of a property's worth, known as a Zestimate, using algorithms and available data. However, in certain ...

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2023 Home Values and Home Prices

2023 Home Values and Home Prices

The housing market has experienced significant fluctuations in recent years. In the first half of 2022, home prices saw dramatic and unsustainable increases. The second half of the year brought corrections and slight declines, which were short-lived ...

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CoreLogic's Homeowner Equity Insights 2023

CoreLogic's Homeowner Equity Insights 2023

In this comparison of two articles from CoreLogic, we analyze the Homeowner Equity Insights for Q1 2023 and Q2 2023. These reports provide crucial data about homeowner equity in the United States and various states, including Texas. Homeowner Equity ...

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This Type of Home is Low in Demand

This Type of Home is Low in Demand

In today's dynamic real estate market, staying ahead of emerging trends is essential for both buyers and sellers. Recent insights from a Wall Street Journal article shed light on a notable shift in buyer preferences, highlighting the diminishing ...

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Building Wealth Through Home Ownership

Building Wealth Through Home Ownership

How Owning a Home Grows Your Wealth with Time Owning a home has the potential to grow your wealth over time through several key mechanisms: 1. Home Equity: As you make mortgage payments, a portion goes towards reducing the principal balance. This ...

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Saving for a Down Payment?

Saving for a Down Payment?

The graph above highlights the misconception that a 20% down payment is required to purchase a home. However, according to the National Association of Realtors (NAR), the median down payment for all homebuyers today is only 14%, and for first-time ...

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A Drop in Equity Doesn't Mean Low Equity

A Drop in Equity Doesn't Mean Low Equity

A Drop in Equity Doesn’t Mean Low Equity You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect ...

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Where Have the the Real Estate Unicorns Gone

Where Have the the Real Estate Unicorns Gone

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the ...

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Why Buying a Vacation Home Beats Renting One

Why Buying a Vacation Home Beats Renting One

Why Buying a Vacation Home Beats Renting One This Summer For many of us, visiting the same vacation spot every year is a summer tradition that’s fun, relaxing, and restful. If that sounds like you, now’s the time to consider your plans ...

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Price it Right

Price it Right

Want To Sell Your House This Spring? Price It Right. Over the last year, the housing market’s gone through significant change. While it’s still a sellers’ market, homes that are priced right are selling, and they get the most ...

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The Big Advantage of Selling This Spring

The Big Advantage of Selling This Spring

The Big Advantage of Selling This Spring Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low. HousingWire shares: “. . . the big question is whether ...

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