This is the event to be at for all real estate related professionals. Networking with like-minded people eager to expand their business opportunities and prospects. Contact me for any further information.
A three-bedroom Mediterranean Revival overlooking a 43-acre city park is on the market in Austin, Texas, for $1,995,000.
This week we welcomed my second favorite season when autumn arrived over the weekend. While spring remains my favorite time of year, autumn brings with it a hearty helping of fall festivals, county fairs and of course delicious holiday food.
Autumn also brings buyers to the local real estate market and with them an opportunity to help your property stand out as the most attractive in your neighborhood. This is traditionally one of the busiest times of the year as buyers are looking for great deals after the summer rush season and still want to be in their new home for the holidays. Inventory is still low for our area and it is a great time for sellers to entice buyers, but that doesn’t mean sellers can ignore their property condition.
Even if you don’t want to go to a lot of trouble or expense, you can still make your home attractive by making sure to keep the falling leaves raked and prune any end-of-season dying blooms on your bushes, shrubs and trees. While keeping the landscape tidy is sufficient, a few simple improvements can be done with a modicum of effort and expense.
August 30, 2012|Houston Chronicle Web Staff
In the market for a nice home? These might be out of your price range, but they are sure to make you drool.
3630 Willowick Rd: $13.9 million
The 14,000 square-foot home has five bedrooms and six baths on its 1.5 acre lot. The home, which is in the River Oaks subdivision, also has a pool, spa and three-car garage.
Photo By John Daugherty Realtors
2307 River Oaks Blvd.: $10 million
For a cool $10 million, you can have this 11,000 square-foot home in the River Oaks neighborhood. It has five bedrooms and eight bathrooms. It also has a pool, a three-car garage and a summer kitchen.
Photo By Greenwood King Properties
11010 N. County Squire St.: $7.9 million
Inside of this 11,000 square-foot home, you’ll find six bedrooms and seven bathrooms. According to the retailer, it is “an entertainer’s paradise.”
Photo By John Daugherty Realtors
We have reported that almost six million adults between the ages of 25 to 34 are currently living with their parents. That number reflects an almost 50% increase since 2003. These young adults are now being advised to jump into homeownership.
Who are the people selling them on the American Dream? Their parents! It seems that parents of some adult children are strongly suggesting that their children take advantage of the low cost of homeownership available today. Some moms and dads are helping financially and are even co-signing for the mortgage. Middle age parents who have owned a home understand its true value. A home has always been a good long term financial investment. However, homeownership also has many other benefits.
In Fannie Mae’s most recent National Housing Survey, they asked the question directly: Is this a major reason to buy a home?
The study broke up the answers into financial and non-financial reasons. The top four reasons and six of thetop ten reasons were NON-FINANCIAL. The top four are below:
- It means having a good place to raise children and provide a good education.
- You have a physical structure where you and your family feel safe.
- It allows you to have more space for your family.
- It gives you control over what you do with your living space (renovations & updates).
Should this surprise us? Aren’t these the same reasons our parents bought their home? Aren’t these the same reasons we purchased our home? These are the same reasons parents have suggested their children buy a home. They want the same things for their grandchildren that they believed to be important for their children.
And today, the cost of homeownership is at all time lows:
“The numbers on housing have an important message for American families today, and particularly younger families setting out on life’s great adventure: Five years ago, at the peak of the home-buying euphoria, it was emphatically a time to rent. Today, when home ownership is depreciated more than ever before, the numbers tell us it is a time to buy.”
“[S]omeone who plans on staying put for seven years would come out ahead by about $9,000 if they bought a median-priced home rather than being a tenant in a median-priced rental.”
“Homes today are more affordable for average families than they have been since 1971. Median-income families today have nearly double the funds needed to purchase the average home.”
Now that the economy is beginning to show signs of stabilizing, people are getting back to the core values that families have always embraced. Homeownership is definitely high on that list. And today, from a financial standpoint, it may be the opportunity of a lifetime.
This home was on the market for only a few weeks and I sold it to the first couple that walked into the first Sunday open house.
3,500 square feet
Great price for spacious family home in fabulous sandy springs community w/ swim/tennis/playground. Move-in ready. Huge family room w/ fplc off kitchen w/ breakfast area. Incredilbe bonus room/suite of 3 rooms w/ exterior door – great home office suite/guest area or rec area. Fabulous master bdrm/bath & 3 additional upper level bdrms. Huge attic storage w/ walk up stair access. Enjoyable screened porch overlooking level bkyd-private. 2-car garage w/ storage space. Near top schools, public & private.
Cary Daniel Blumenfeld
Harry Norman, Realtors
Buckhead North Office