Twin Oaks (Richmond, TX)
By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
The Future of Home Price Appreciation and What It Means for YouMany consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago.However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at First American, tweeted just last week on this issue:. . . We do need price appreciation to slow today (its not sustainable over the long run) but high price growth today is supported by fundamentals- short supply, lower rates & demographic demand. And we are in a much different & safer space: better credit quality, low DTI [Debt-To-Income] & tons of equity. Hence, a crash in prices is very unlikely.Price a...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Millennials: Do You Need a Home with More Space?If you're a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the many who are now discovering you've outgrown your home.If that's the case, you're not alone. The past two years brought about significant changes for many people, and today, homeowners are reevaluating what they truly need in a home. As a recent report from the Wall Street Journal states:“They say the pandemic and the emergence of remote work accelerated millennial home-buying trends already under way. . . . Millennials who already owned ...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Are Home Prices Continuing To Rise?Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn't happened. The major price indices are all revealing ongoing double-digit price appreciation. Here's a look at their reports on year-over-year price appreciation for December: Federal Housing Finance Agency (FHFA): 17.6% S&P Case-Shiller: 18.8% CoreLogic: 18.5% To show that they're not seeing signs of softening, here's a graph that gives the progression of all three indices for each month of 2021.As the graph above reveals, last year, home price appreciation accelerated dramatically from January to July according to all three indices. Then, it began to decelerate in August when prices appreciated at...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Twin Oaks Village 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 Twin Oaks Village neighborhood / subdivision / community which is located in Richmond Texas 77407 in Fort Bend County. Twin Oaks Village has 1,397 single family properties with a median build year of 2004 and a median size of 2,036 Sqft., these home values range between $158 - $237 K. The sqft. price change data is available through 1998. The median sold price/sqft is $102.72 while the median appraised value is $ 93.39/ sqft. View homes for sale or rent in Twin Oaks Village and see new homes, trending properties, Foreclosures and much more.Sometimes there's nothing listed For Sale in Twin Oaks Village - Bookmark th...
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Richmond, TX Real Estate Professionals