Lake Olympia (Missouri City, TX)
By Shayne Stone, "Your Rock Solid Choice Realtor"
(Champion Real Estate Group)
Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic:Since January of this year, the national median rent has increased by a staggering 16.4 percent. To put that in context, rent growth from January to September averaged just 3.4 percent in the pre-pandemic years from 2017-2019.Looking back, we can see rents rising isn't new. The median rental price has increased consistently over the past 33 years(see graph below):If you're thinking of renting for another year, consider that rents will likely be even higher next year. But that alone doesn't paint the picture of the true cost of renting.The Money Renters Stand To Lose This YearA homeowners monthly ...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(Champion Real Estate Group)
Even in a hot sellers market like todays in which homes are selling so quickly, its still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can bring in the greatest return on your investment.Here are four simple tips to make sure you maximize the sale of your house this fall.1. Price It RightOne of the first things buyers will notice is the price of your house. That's why its important to price it right. Your goal in pricing your house is to draw attention from competing buyers and let bidding wars push the final sales price up. Pricing your house too high to begin with could put you at a disadvantage by discouraging buyers from making an offer.Your trusted real estate advisor can help you find the price for your hom...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(Champion Real Estate Group)
Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), its clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost to your wealth comes in the form of equity.Equity is the difference between what you owe on the home and its market value based on factors like price appreciation. The best thing about equity is that it often grows without you even realizing it, especially in a sellers market like were in now. In todays real estate market, the combination of low housing supply and high buyer demand is driving home values up. This is giving homeowners a significant equity boost.A...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(Champion Real Estate Group)
In todays sellers market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you're buying this fall, you'll want every advantage, especially when you've found the home of your dreams.Below are five things to keep in mind when its time to make an offer.1. Know Your BudgetKnowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts it:This pre-approval allows you to look for a home with greater confidence and demonstrates to the seller that you are a serious buyer.Showing sellers you're serious can give you a competitive edge. It enabl...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(Champion Real Estate Group)
The major challenge in todays housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply cant keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates its a buyers market, but an inventory level below that threshold means were in a sellers market. Todays inventory level sits far below the norm.According to the Existing Home Sales Report from the National Association of Realtors (NAR):Total housing inventory at the end of April amounted to 1.16 million units, up 10.5% from March’s inventory and down 20.5% from one year ago (1.46 million). Unsold inventory sits at a 2.4-month supply at the current sales pace, slightly up from March’s 2.1-month supply and down from the 4.0-month...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(Champion Real Estate Group)
This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces.According to the 2020 Annual National Movers Study:For customers who cited COVID-19 as an influence on their move in 2020, the top reasons associated with COVID-19 were concerns for personal and family health and wellbeing (60%); desires to be closer to family (59%); 57% moved due to changes in employment status or work arrangement (including the ability to work remotely); and 53% desired a lifestyle change or improvement of quality of life.With a new perspective on homeownership, here are some of the...
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By Shayne Stone, "Your Rock Solid Choice Realtor"
(Champion Real Estate Group)
Villa Del Lago At Lake Olympia Real Estate Homes For Sale, Rent & Price TrendsShayne Stone "Your Rock Solid Choice Realtor" that helps Home Sellers make a Profit and Home Buyers Equity in Villa Del Lago At Lake Olympia neighborhood / subdivision / community which is located in Missouri City Texas 77459 zip code in Fort Bend county. Villa Del Lago At Lake Olympia has 54 single family properties with a median build year of 2001 and a median size of 3,424 Sqft., these home values range between $262 - $316 K. The sqft. price change data is available through 1998. The median appraised value is $ 84.37/ sqft. View homes for sale or rent in Villa Del Lago At Lake Olympia and see new homes, trending properties, Foreclosures and much more.Sometimes there's nothing listed For Sale in Villa Del La...
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Missouri City, TX Real Estate Professionals