Monthly Archives: May 2016

How Does Housing Help Build Family Wealth?

As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way … Continue reading

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New & Existing Home Sales Climb

Some Highlights: Both New Home Sales and Existing Home Sales are up month-over-month and year-over-year. Inventory remains low which continues to drive home prices up as demand continues to exceed the 4.7-month inventory. The median price of new homes is up 12% … Continue reading

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Sell NOW Before Competition Hits the Market

In their current edition of the Home Price Expectation Survey released last week, Pulsenomics asked this question of the 100+ economists, real estate experts and investment & market strategists they surveyed: “In your opinion, what is the primary driver of … Continue reading

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Where are Home Values Headed Over the Next 5 Years?

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & … Continue reading

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When Is It A Good Time To Rent? Definitely NOT NOW!

People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a … Continue reading

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Renting vs. Buying: What Does it Really Cost?

Some Highlights: The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent. Buying costs are significantly less than renting costs. The percentage of income needed to afford … Continue reading

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Houston Real Estate Market Keeps A Healthy Balance During April

The Houston real estate market continues to display healthy equilibrium despite instability in the energy industry. Overall single-family home sales volume was virtually flat in April, however mid-range homes scored another month of positive sales and the supply of homes … Continue reading

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In a Seller’s Market: Is it Time to Downsize?

A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their house in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority … Continue reading

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Sales Up In Nearly Every Price Range

The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline (-4.6%). The decline in … Continue reading

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What Clients Say About Working With Gary Evans

What a nice surprise I got today being tagged in this  post from my wonderful clients …  Thanks Jamelyn and Alysa!!

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