New Homes in Houston TX by Long Lake

Time is Money when Selling Your Home

REALTORS®, house flippers and even economists all agree: when it comes to selling your house, time is money. And the more time it takes for your house to sell, the less likely it is that you’ll receive your asking price. That’s why it pays to unleash your creative side and make home upgrades that will boost the appearance and appeal …

New Homes in Houston TX by Long Lake

A Matter of Time before Positive Becomes Negative?

For the past many months, real estate prices in the US have been on a record high and continue to rise. Although, lower mortgage rates and easy loans facilitated real estate purchase for the longest period, it becomes harder and harder to buy property in the country as time passes. The reason is that economic growth and income are not …

New Homes in Houston TX by Long Lake

Nationwide Homeownership Still Lagging but Not in Houston

The year 2013 is an exciting year for the real estate market, as it has experienced both ups and downs. New records are being set and old ones are being broken. Some things occurred for the good and some things did not have that great an effect on the entire market in general. Considering the homeownership situation, it has been …

New Homes in Houston TX by Long Lake

Mortgage Rates Experience a Sudden Rise & Home Sales Strong

In the last few weeks, mortgage rates have significantly increased and we have witnessed some of the biggest jumps in the last 26 years. Despite the rise in rates, real estate pros are sure that this will not make homebuyers back off and houses will continue to be sold at the same pace, maybe even faster. Freddie Mac said that …

New Homes in Houston TX by Long Lake

The Real Estate Market is Creating a Link with Technology

The Real Estate Market in Houston is trying to become technological. A link has formed between the real estate industry and technology. So will this new connection produce notable and impressive results or will it become one of the most unpopular news events in the industry? Only the future can tell, but the details as of now follow this. Distil …

New Homes in Houston TX by Long Lake

How School Boundaries Affect House Buying

Realtor.com®, operated by Move, Inc., recently announced the results of its Back to School survey that ran on realtor.com® from July 18-22 and analyzed how much impact school boundaries have on buyers looking to purchase a home within two years. Realtor.com® found that 3 out of 5 home buyers surveyed said school boundaries will impact their home purchasing decision.

New Homes in Houston TX by Long Lake

Citigroup Required to Pay $968 Million to Fannie Mae

Citigroup Inc. is required to pay $968 million to compensate the taxpayer-backed mortgage buyer, Fannie Mae, for over a decade of claims linked to faulty home loans.  In a recent statement Citigroup said that the agreement includes 3.7 million mortgages originated from 2000 to 2012 that were sold to Fannie Mae.  Even though payments are covered by existing reserves, Citigroup …

New Homes in Houston TX by Long Lake

Social Media Marketing for Real Estate

Traditional marketing has transitioned into Social Marketing.  Brands and marketers are using various social platforms to reach out to consumers.  And, marketers want to know what works best in social media marketing.   In a recent report from the Social Media Examiner, the most important question asked by 90 percent of marketers was – which tactics work best? This question was …

New Homes in Houston TX by Long Lake

Home Stalking

Are you in the market to buy a home?  The housing market is heating up and sellers are regaining control.  Following are a few housing trends to consider: Low mortgage rates Currently, the 30 year fixed mortgage rate on the Zillow’s Loan Mortgage Marketplace is at 3.80 percent.  Erin Lantz director of mortgages at Zillow said that even though the …