New Homes in Houston TX by Long Lake

How to Decide Between a Want and a Need When Buying a Home

Are you searching for a new home? Which style do you like best? Are you looking for one that features huge dining rooms, an elaborate outdoor space, a highly advanced entertainment room? All of us love features like these, but do not forget that they are also adding to your budget.  In many cases, as attractive as all the features …

New Homes in Houston TX by Long Lake

Mortgage Loans Enjoy New Varieties, but are They the Best Option?

The performance of the mortgage market is not the same anymore, even with the lower rates. Business has not been that good for the banks, and they have started to make their requirements less strict and offer a wider variety of loans. Among these are interest only mortgages, piggyback loans, adjustable rate mortgages and more attractive terms and conditions. What …

New Homes in Houston TX by Long Lake

Cottage Gardens are the Trend: How to Get One a Your House

Do you want beautiful outdoor areas for your home? With a county garden, you can achieve a really attractive and serene look, while increasing the value of your home. A natural look hardly needing any trim, country gardens feature a bunch of flowers and shrubs that require little maintenance.  We talked to some of the experts and here is what …

New Homes in Houston TX by Long Lake

Understanding Contingencies When Buying a Home

When it comes to buying or selling a home, there are a lot of moving parts that need to come together to ensure the transaction is a success. One key piece of the puzzle that can’t be ignored? Contingencies. Part of any standard home purchase contract, contingencies deal with items such as inspections, financing, insurance and agreed-upon repairs that must …

New Homes in Houston TX by Long Lake

Things to Consider When Buying a House with Someone

Many people consider buying a house together for many different reasons. Whether it is your first-time home or an investment property, buying a house together does have its perks. If done with care, this arrangement can be very beneficial in getting you a house that you may not have otherwise been able to afford. Be sure to figure out the …

New Homes in Houston TX by Long Lake

Community Bankers Help Homebuyers Navigate the Mortgage Process

With the summer real estate in full swing, many Americans are considering purchasing a home over the next few months. The total mortgage originations market is estimated to be around $1 trillion in 2014. With that in mind, the Independent Community Bankers of America® (ICBA) and the nation’s more than 6,500 community banks are on hand to help homebuyers navigate …

New Homes in Houston TX by Long Lake

Mortgage Rates Dip Lower

Average fixed mortgage rates were lower this week than the same time last year, according to the recently released Primary Mortgage Market Survey® (PMMS®), put out by Freddie Mac. “Mortgage rates were down following the release of first quarter real GDP final estimate, which fell at a 2.9 percent annualized rate, a steeper than expected decline and the worst reading …

New Homes in Houston TX by Long Lake

First-Time Homebuyers Remain Challenged

After plunging throughout 2012 and for much of 2013, and rising only modestly through the beginning of this year, the inventory of all for-sale homes nationwide spiked in May, jumping 11.8 percent year-over-year according to the May Zillow® Real Estate Market Reports. But most of those gains in inventory were made among homes priced in the middle and top one-third of …