Hello All,
Wishing you all Happy and fun Holiday time with your family and friends.
Let freedom Ring – Freedom to live with right people, freedom to speak right thing and freedom to act righteously.
Riverstone
A Fort Bend area master-planned community where luxurious homes, water features and resort-style amenities define the landscape, Riverstone is one of Fort Bend County’s most desirable addresses. Riverstone residents enjoy an enviable lifestyle with a superb selection of new homes with Sugar Land and Missouri City addresses. Plus, with varied highway access and an array […]
Sienna
Sienna is a comprehensive 7,000-acre master-planned community. Sienna is more than houses inside one of the top Fort Bend County subdivisions. Neatly tucked between the acclaimed cities of Missouri City and the City of Sugar Land, it is a community in the truest sense of the word. Every effort is made to maintain a sense […]
Bridgeland
Imagine a place with vast open spaces and spectacular sunsets. An 11,400 acre master-planned community in northwest Houston where flocks of waterfowl glide across natural lakes. A refuge from the chaos of your workday. A place where you can find true balance. The new home community of Bridgeland is such a place. Bridgeland attracts and […]
Towne Lake – Master Planned Community, Cypress
Towne Lake reflects its Texas-sized appeal in a 300-acre lake, with beautiful views. Lake coves allow neighbors easy access to the water and to the many amenities and destinations throughout, bonding the community together. Towne Lake Charm is all these things and more, reflected in a community steeped in Texas pride. Caldwell Companies has perfected […]
Cypress Creek Lakes
Cypress Creek Lakes is a beautiful master-planned new home community nestled in the charming Northwest Houston suburb of Cypress, Texas. Mischer Development has carefully designed the 1,600-acre community to respect the natural beauty of the land while developing approximately 2,000 new home sites. Its convenient location on Fry Rd. just off of Highway 290 also […]
Happy Independence Day!!!
Posted by houstonvijai on July 3rd, 2014
Houston ranked 3rd Young People’s Favorite city in U.S.
Posted by houstonvijai on June 27th, 2014
Houston made to the top ten again and this time it’s the young grads who picked Houston as the No.3 destination to start their new life. Around this time each year, a fresh group of college graduates eagerly seek to begin a new phase in life – trading student status for professional titles. The National Center for Education Statistics projects more than 1.6 million students will graduate with bachelor’s degrees in the Class of 2014. Setting their sights on jobs across the country, recent grads must weigh whether to stay in their current college town versus moving to a new city to begin planting roots.
In a still-recovering economy, where the job market remains uncertain and the repayment of student loans is a daunting reality for many recent grads, the ideal place for many may be wherever that first job is landed. Nonetheless, some cities are more promising than others, providing college grads exceptional opportunities for growing careers and affordable housing.
Homes.com has teamed up with sister site, ForRentUniversity.com, to comprise a list of the ten most favorable cities for new college graduates. The best cities to live, work and play were all chosen based on mean entry-level income, average price of a one-bedroom apartment, proximity to postgraduate institutions as well as number of social opportunities. The list also analyzes unemployment rates and the percentage of the population identified as millennials (ages 25 to 34). For more information, please view this shareable infographic.
Houston ranks third in the entire country on this young professionals best cities list. This is thanks in large part to the Bayou City’s mean entry-level income of $41,000 — one of the highest in the nation. H-Town boasts a 5.7 unemployment rate and a median one-bedroom apartment price of $800. In part due to its 24 Fortune 500 companies, Houston has a “promising job market.”
Dallas ranked No. 2 on the list, just behind Atlanta. In shocking news, Austin was not anywhere on this list. Oh snap.
Here’s the complete list:
Atlanta, Georgia
Dallas, Texas
Houston, Texas
St. Louis, Missouri
Minneapolis/St. Paul, Minnesota
Raleigh, North Carolina
Denver, Colorado
Seattle, Washington
Boston, Massachusetts
Click here to see the detail infographics
Job is the key factor for many things whether it comes to housing or economic development. Job is where people wants to go. Houston has abandon of jobs and many companies are expanding and opening their own campus around Houston area. This is attractive to many including the young grads who want to start their new life. It’s very encouraging and it will surely change the Houston city life and overall geographical nature for the future.Let’s wait and see…
Houston houses 13 Top 50 Master Planned Communities…
Posted by houstonvijai on June 6th, 2014
Houston boasted the most housing starts in the nation last year, and one-third of those starts were in master planned communities (MPC), a growing sector for the homebuilding industry.
In the U.S., the top 50 master planned communities captured 5.4 percent of new-home sales in 2013 – a 12 percent increase over 2012, according to John Burns Real Estate Consulting. One-third of the top 50 master planned communities are in Texas alone.
MPCs have been growing in demand nationwide. Among the top 20 MCPs, the average pricing of homes in these developments has increased 16 percent over the past year, and by more than 24 percent in the past two years, according to Metrostudy.
“Historically, we’ve found that during a recession, home values in master planned communities have held up better because of thoughtful planning that includes mixed-use development with jobs, retail, and professional services,” says David Jarvis, Metrostudy’s regional director in the Houston market.
Builders with Johnson Development, which has opened up some of the nation’s best-selling MCPs in the past year, say that the MCPs nowadays are different from two decades ago. They’ve moved beyond just family-oriented housing to accommodate broader demographic needs.
Everything is bigger in Texas, including its master-planned communities, and 2013 was no exception. This year’s list of top 50 masterplans included 17 from the state of Texas (one-third of all entries) and 13 from Houston alone. There were nine Florida masterplans in the top 50 in 2013, seven California communities, four Phoenix communities, and four Washington, DC masterplans. And while Las Vegas was represented by just three masterplans, all of them were in the nation’s top 20.
Newland Communities has five of the nation’s top 50 in 2013, the most of any individual developer. The San Diego-based developer’s masterplans were located in four different metro areas, easily making them the most geographically diversified developer in the country. Houston-based Johnson Development was represented by four masterplans in the top 50, and Sunrise, FL-based GL Homes and Shea Homes in Walnut, CA both had three.
Read more about the report at realestateconsulting.com
Appreciation of Home prices are expected to slow down but not very soon…
Posted by houstonvijai on May 29th, 2014
Many of my clients who missed the boat on buying homes are now cribbing about it. They keep asking when will the prices going to stabilize or any chances of going down. I told them that it doesn’t look any slowdown is happening very soon. Especially around Houston, there doesn’t seems to be any signal of price stabilization or dropping for that matter. Let see what the experts are saying…
Home values are expected to appreciate by 4.4 percent on average through the end of the year, but that rate will slow to 3.8 percent in 2015 and 3.4 percent in 2016, say 106 economists, real estate experts, and investment and market strategists surveyed by Pulsenomics LLC.
After a sharp double-digit percentage increase in home values last year, the rollback in appreciation would put them more on par with historical norms. Prior to the housing bubble years of 1987 to 1999, home values averaged 3.6 percent growth per year.
The majority of economists surveyed say they expect median home values to exceed their pre-recession peaks by the first quarter of 2018. They cited the following as the most common concerns for declining housing affordability: income growth (28%); abnormally high rates of home-price and rent appreciation (27%), and an abnormally low supply of homes for sale or rent (21 percent).
“Time will tell whether Washington’s unfolding plan to expand mortgage credit will have a durable, positive impact on home values, housing confidence, and market expectations,” says Terry Loebs, founder of Pulsenomics.
Source: realtor.org
Due to the job growth and families moving from out of states, there is an unprecedented amount of demand for housing and sellers/builders are taking advantage of it. Because of that, there is pricing war happens for houses in good community as the inventory is so low. Hope that inventory will go up but doubtful as many houses don’t even show up in the listing before pending status. Deals happens even getting to the MLS. We have to wait and watch and predict to see how it’s going to go in and around Houston area. But as of now, I don’t see any end for the home prices appreciation…
Recent Survey’s & some Interesting facts and figures….
Posted by houstonvijai on May 23rd, 2014
I been collecting few survey’s, their results, facts and figures and wanted to share with you. I didn’t want to post them separately since it all goes well together and makes sense to post them together. Here they are, read and take whatever you can out of it.
Buyers Prefer New Homes but not willing to pay for it – Trulia Survey
Forty-one percent of Americans say they prefer a new home compared to 21 percent who say they prefer an existing home, according to a new survey of more than 2,000 adults conducted by Harris Poll on behalf of Trulia. The cost and availability of new homes are big barriers for those who say they want new, the survey finds.
In general, new homes are typically listed for 20 percent more than existing homes with similar features and in the same neighborhood. Of those surveyed who say they prefer new, only 46 percent said they would be willing to pay at least 20 percent more for a new home.
The survey found that the top reasons people prefer new homes are to have modern features, be able to customize the home before construction is completed, and to spend less on maintenance and repairs. Fifty-nine percent of Americans surveyed identified the modern features they most want as bigger closets, a kitchen island, open floor plan, walls prewired for flat screen TVs, and radiant floor heating.
Click here to read more…
Buying a new home – What’s Hot and Not in Home Features – Redfin Survey
What are some of the most popular home features luring home buyers? The real estate brokerage Redfin surveyed 435 of its real estate professionals across the country to find out what the biggest real estate trends are with home features.
According to the survey, real estate professionals identified the following features as the most popular among home buyers:
• Open floor plans
• Move-in-ready homes
• Granite in areas such as bathrooms or kitchens
• Upgraded windows
• Locations near public transportation
• Energy-saving appliances
• Large closets
• Updated lighting fixtures
• Two-story home with a bedroom on the main floor
• Wood floors
Click here to read more…
Home Buyers’ Biggest Regrets About the Purchase – Chase Survey
Though buyer’s remorse is never fun, there’s usually something we’d change if we could go back and make a big purchasing decision again. In a new survey, Chase Bank found out what some of the most common things are that recent home buyers would change about their real estate purchase if given a second chance.
Chase’s survey, “What I Wish I Knew About the Homebuying Process,” asked 807 recent home buyers about their attitudes following the purchase of a home, taking the temperature of how people are living with their real estate decision. Here’s what home buyers say they would do differently if they could make the decision over again.
Get Smarter About Financing
While nine out of 10 buyers surveyed say they felt prepared at the time they bought their home, 56 percent say that in hindsight, they should have known more about financing. Specifically:
22 percent say they weren’t as educated about the ins and outs of closings as they should have been.
19 percent say they weren’t as well-versed on making an offer and negotiating.
15 percent say they needed more guidance on the overall financing of a home.
Click here to read more…
Hope you enjoyed reading some interesting survey’s which should have provoked some thoughts about what to buy, how to buy and what you should look out for when buying.
