Now is the time to buy!

According to Daily Real Estate News dated May 28, 2015, now is the time to buy a new home:

Purchasing a home right now could help potential buyers save more than $200,000 over the next 30 years, according to the inaugural Opportunity Cost Report released today by realtor.com. This report attempts to show in dollars and cents the cost of delaying purchasing a home in 382 housing markets throughout in the United States.In compiling this report, Jonathan Smoke, chief economist for realtor.com® weighed many factors, including the long-term financial impact of owning versus renting, the amount estimated that renters will lose in waiting to buy, and the financial benefits of homeownership by market.Interest rates, home prices, and the cost of rent are all predicted to go up throughout the year, which will impact the decision to delay purchasing a home, the report notes.

“Current market conditions give buyers the opportunity to build substantial wealth in the long-term, compared with renters and later buyers, in advance of  the projected increase in mortgage rates and continuing price appreciation,” says Smoke.  “The problem is inventory is low, which has many would-be home buyers –especially first timers – standing on the sidelines and missing out on potentially material financial gains.”

So what does this estimated long-term wealth gain really look like? Smoke reports that while some housing markets are more buyer-friendly than others, nationally the average buyer is set to gain $217,726 over a 30-year period based on today’s dollars. Additionally, in 88 percent of metro areas, the financial benefit of buying a home right now accumulates at least $100,000 over 30 years.

“This analysis looks solely at the financial reasons to buy a home, based on assumptions about rising mortgage rates and changes in home values,” says Smoke. “It’s important to remember that a home purchase decision is deeply personal. Potential buyers need to consider factors such as upcoming life events, job security and potential relocation, in addition to financial benefits, because they too can have a significant impact on ownership.”

SOLD! – 7214 Raton St, Houston, TX 77055

SPRING BRANCH

WAS $825,000 – NOW $749,999!

NEW CONSTRUCTION – NEVER LIVED-IN!

Show-stopping Spring Branch new construction home ready for move-in! Gorgeous bronzed fixtures, a Bertazzoni range and glistening hardwood floors. Well thought out floor plan with the Master Retreat down and an additional bedroom with full bath downstairs – ideal for a guest suite or quiet study. Upstairs has a great flex space that would be the perfect play room or game room. The expansive covered back patio is an entertainer’s delight and is ready for you to install the outdoor kitchen of your dreams!

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Welcome to 7214 Raton! Gorgeous new construction in an up and coming neighborhood in Spring Branch.
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Spacious living room with nice detailed ceilings and crown molding and recessed lighting. Fabulous open concept – An entertaining dream!
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Spectacular wood floors throughout the living first floor. Note the double sliding glass door allowing tons of natural light to flood this living room.
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Say good bye to separate formals! This dining room is a part of the open concept and helps make this home such a great entertaining house.
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The high quality of construction shies through in this kitchen! Make your friends envious with this Bertazzoni range – so high end!
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Gorgeous cabinets, under cabinet lighting, included fridge, bronze faucet and tons of counter space!
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View of the kitchen from the living space.
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Spacious and relaxing Master Retreat. Plenty of space for a sitting area, king sized bed, etc.
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This laundry room will make you WANT to do laundry! Complete with storage, a counter to fold on and a sink!

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SOLD! – 1906 Shadow Bend, Houston, TX 77043

Just Listed in the Spring Branch Area

1906 Shadow Bend

Houston, TX 77043

 Located on a quiet, cul-de-sac street, this lovely Spring Branch home is sure to not disappoint. Situated on a large, park-like lot with soaring trees, you will immediately fall in love with this homes charm. The house has a hard to find 4th bedroom, an open concept floor plan, and much sought after updates* including: updated* kitchen with island workspace, remodeled* bathrooms, updated* flooring and new* sod in the backyard. Come see this lovely home today!*=per Seller

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Simply adorable Spring Branch Home

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Set on a quiet cul-de-sac this home brings tons of charm with it’s large lot and soaring shady trees.

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Be proud walking up to this home and love where you live!

 

 

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The charm doesn’t stop at the front door! Check out this dining room!

 

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Formal living room, which could make a great playroom or additional office space as well.

 

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1st Bedroom – not master

 

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2nd Bedroom with the laminate wood floors continued. Makes a great office space!

 

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Great Master Bedroom complete with ceiling fan, two closets and lots of natural light.

 

 

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Check out this Master Bath! Hard to find double vanity with walk-in shower.

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RARE 4th Bedroom with a spacious closet!

 

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Lovely updated guest bath

 

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Living Room complete with ceiling fan and fireplace.

 

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Check out the open floor plan! Great flow for functional living and entertaining.

 

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 Gorgeously updated kitchen complete with gas range and breakfast area.

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Expansive backyard with brand new sod!!  Lovely covered back patio with plenty of room for a dining table.

What a great location and find in Spring Branch!  Email me today for more info or to check it out!

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