bidding wars

2020 Will See the Return of Bidding Wars

Redfin has come out with its new predictions for the 2020 housing market with the expectations that bidding wars will return after an 18-month hiatus. What does that mean for the real estate market? Daryl Fairweather, Redfin Chief Economist stated: “Low mortgage rates started to revitalize the market at the end of this summer, but we won’t see their full …

new home sales

Houston Leads the State in New Home Sales!

According to a new HomesUSA.com report, Houston – once again – led the state in new home sales in August! For the third straight month, Houston posted higher sales volumes than the Dallas-Fort Worth market. “The Houston new home sales market showed stability across the board and remains the state’s brightest star as the top new home sales market in …

New Homes in Houston TX by Long Lake

8 Mortgage Tips for First-Time Homebuyers

It’s rare to get something right the very first time you try it, but when it comes to buying your first home, a lack of knowledge and experience can lead to costly mistakes. One in four first-time homebuyers say they are completely unfamiliar with the mortgage financing process, according to a report by the Consumer Financial Protection Bureau. Even among those …

New Homes in Houston TX by Long Lake

Outdoor Living that’s Easy on the Budget

Low- and no-maintenance features top the list when making over outdoor living spaces because less time maintaining means more time enjoying. Low-maintenance landscaping outranks native plantings, water features and food/vegetable gardens according to the American Society of Landscape Architects (ASLA) 2014 Residential Landscape Architecture Trends survey. Landscape professionals love to share their secrets and show off their craft when redesigning …

New Homes in Houston TX by Long Lake

Housing Counseling Interest a Good Sign for Next Wave of Homeowners

Renewed interest in housing counseling is revealing that many are considering homeownership as a possibility for the first time. More than 73,000 people received housing counseling from National Foundation for Credit Counseling (NFCC) member agencies during 2014, making it the highest volume experienced in the past five years. “Seeing that more people are realizing the value of housing counseling is a sign …