connie vallone

First Look: Home-Buying Season Is Already Booming

In Buying a new home, Contract Terms, Home Buying, Home buying in West Houston, Home Loan Financing, Home Selling, Houston Real Estate, Pricing your home, Relocate to Houston, Relocate to Texas, Selling Your Home, West Houston Real Estate, West Houston REALTOR Connie Vallone on May 10, 2016 at 10:51 am

The 2016 home-buying season is in full swing, with homes in April moving 7 percent faster than one year ago, even as asking prices continue to break records. This, according to new data released this week by realtor.com®.

Median age of inventory is now 68 days, moving five days faster in April than a year earlier and 6 days faster than last month – pointing to solid momentum this spring. The median-priced home was listed at $245,500, 9 percent higher than one year ago and 2 percent higher than March. For-sale housing inventory is increasing on a monthly basis, but remains lower than one year ago.

“A robust buying season has already fully bloomed this spring, clearly demonstrated by our preliminary read on April inventory and activity on realtor.com,” says Jonathan Smoke, chief economist of realtor.com. “Pent-up demand, lower mortgage rates and strong employment continue to power the strongest and healthiest real estate market we have seen in a decade. Close to 550,000 new listings came onto the market in April, which helped total inventory grow 2 percent over March. However, we know that sales are picking up faster than inventory since the median age of inventory fell again by six days after falling a whopping 22 days in March.  As a result we have 4 percent fewer homes available for sale compared to last year and homes stay on the market five fewer days.”

The median age of inventory for April is expected to be 68 days, down 7 percent year over year and down 8 percent from March.

The median listing price for April will likely reach a record high of $245,500, a 9 percent increase year over year and a two percent increase month over month.

Listing inventory in April showed a 2 percent increase over March. However, inventory decreased 4 percent year over year.

Realtor.com’s Hottest Markets receive two to three times the number of views per listing compared to the national average.  In terms of supply, these markets are seeing inventory move 17-45 days more quickly than the rest of the U.S.. They have also seen days on market drop by an average of four days from March.

For more information, visit www.realtor.com

Reprinted with permission from RISMedia. ©2016. All rights reserved.

If you are looking for Classic Real Estate Services from concept to closing, please contact Connie Vallone by phone (713) 249-4177, email connie@knowsrealestate.com or visit my website at www.houstonenergycorridorhomes.com or www.vallonehomes.com .

NEW LEASE LISTING! 9815 N Villa Drive, Houston, TX 77064 – MLS# 11845148

In Home buying in West Houston, Houston Real Estate, West Houston Real Estate, West Houston REALTOR Connie Vallone on May 6, 2016 at 10:56 am

NEW LEASE LISTING! 9815 N Villa Drive, Houston, TX 77064 – MLS# 11845148

9815 N Villa DrBeautiful one story open concept floor plan with brand new wood laminate throughout all living areas, brand new carpet in all bedrooms, freshly painted, tons of windows, lots of light, optional living area or study, Brand new stove being installed, Refrigerator included. Huge master bedroom, master bathroom has whirlpool tub, separate shower and double sinks. Located in a cul-de-sac with private big back yard.

HAR Link: http://www.har.com/9815-n-villa-drive/rent_11845148

Do you have real estate questions?   Contact Connie Vallone at (713) 249-4177 or connie@knowsrealestate.com or visit www.houstonenergycorridorhomes.com  or www.vallonehomes.com.

Spring Clean Your Home into Tip-Top Shape

In Curb appeal, Home Buying, Home buying in West Houston, Home Design Trends, Home Improvement, Home Maintenance, Home Selling, Home Staging, Houston Real Estate, Investment, Sellers, Selling Your Home, West Houston Real Estate, West Houston REALTOR Connie Vallone on April 27, 2016 at 10:21 am

With the official start of spring right around the corner, the real estate market is set to heat up as homeowners who are looking to sell put their homes on the market, and house hunters come out in droves to find a place they can call home.

Before scheduling any showings, however, the start of the spring season is the perfect time to do some spring cleaning and get your home in tip-top shape. In fact, there are a number of easy jobs you can do on your own that will go a long way toward helping your home stand out from the competition.

To start, clean the windows and open up the blinds and drapes to let the sun shine through. There’s nothing that says spring as much as a bright living room on a weekend morning. Plus, buyers are attracted to rooms with natural light.

It’s also important to change the batteries in any and all smoke and carbon monoxide detectors and replace any light bulbs that have blown out. These are things that prospective buyers will most likely check when touring the home.

When it comes to the kitchen, clean out the fridge, freezer and cabinets and throw out any items that are expired. Add some baking soda to the fridge to keep odors at bay and clean the oven so that when people look closely, these areas are as clean as possible. And make a splash in both the living and dining room with some new accent rugs or a fun piece of furniture.

Now that the weather is warming up, it’s critical that you pay attention to the areas outside your home, especially the yard. Planting some foliage or shrubbery will give the outside of your home a clean, fresh look. Incorporate bursts of color with annual flowers, perennials, trees and shrubs.

If you have a deck, rent a power washer and remove any dirt, debris or moss that may have seeped in during the fall and winter months. Be sure to give the sides of your home—and your driveway—a good wash down as well.

While you’re outside, clean the gutters and inspect downspouts to make sure they haven’t been damaged. Before the spring rains come, you want to be sure that the gutters are free of leaves, tree limbs and other debris that might cause problems later on.

By taking the time to do these things, your home will be in the best condition possible for a quick and easy sale.

For more tips on preparing your home for sale, contact our office today.

Reprinted with permission from RISMedia. ©2016. All rights reserved.

Do you have real estate questions?   Contact Connie Vallone at (713) 249-4177 or connie@knowsrealestate.com or visit www.houstonenergycorridorhomes.com  or www.vallonehomes.com .

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