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Wednesday, December 30, 2015

Don and Jennifer Loved That We Never Gave Up!



Tell us about your experience working with the Mike Gray Home Selling Team?
We had wonderful results working with Mike. He helped us through every stage of selling our home. He was knowledgeable and resposive and always provided great feedback during our discussions. After we finally found the home that was perfect for us, and made a concerted effort to negotiate a deal, we almost walked away. We came to an agreement with the seller only to realize there was a significant misunderstanding on the seller's part. We didn't have an agreement and we didn't expect to reach one. Mike didn't give up though. He followed up with a seller independently and he pushed them to reach an agreement with terms that we could all accept. It was completely unexpected when we heard from Mike that he had done that and that we were ready to move forward with buying our home.

To contact Mike Gray, call 832-428-6453 or email Mike@homesfromhouston.com.


Peter Appreciated the Guidance We Were Able to Provide




Tell me about your experience working with the Mike Gray Home Selling Team of Heritage Texas Properties.
"He helped us purchase a home. Our whole process was pretty long, maybe over a year, year and a half. It took a long time for us to find a home, but he was great helping us through the whole process.
We were in a market where things were being sold on day one and everything was over listing price. He really helped guide us through the transaction. One of the big things that happened is one of our sellers backed out after signing a contract. He guided us through that process to resolve the situation."
To contact Mike Gray, call 832-428-6453 or email Mike@homesfromhouston.com.

Todd Loved That We Were Always Available!



Tell me about your experience working with the Mike Gray Home Selling Team of Heritage Texas Properties.
"Mike was extremely professional. He was always willing to take our call regardless of the time of day. That was probably the most refreshing aspect of working with Mike. He was always available. Buying and selling a house are very stressful, and Mike was more than accommodating regardless of the time of day. I would text him at 6:30 in the morning or 11:30 at night, and get a response minutes later. Mike was great and his knowledge of the area of Bel Air was unmatched. We looked around at several different brokers, and Mike was clearly the most personable as well as the most knowledgeable in the area. That's why we chose Mike. With respect to the inspection report we got, I was really nervous. Mike assured me that there was nothing to get too nervous about and he went back to the buyers of the home and basically negotiated on our behalf in a very favorable capacity that resulted in a quick and profitable sale for all parties. It was his experience working with buyers in the past and inspectors that really calmed our nerves and made us feel a lot more comfortable in the situation."
To contact Mike Gray, call 832-428-6453 or email Mike@homesfromhouston.com

Carol Felt Like She Was Our Only Client




Tell us about your experience working with the Mike Gray home selling team.
"We got the house in the neighborhood we wanted and we love our home. It's interesting -- I was speaking to my husband about that and we really feel that Mike was always going above and beyond for us. We felt like, not that we were his only clients, but almost. He was always available, always willing to entertain any questions we had and do things again and again with us. He never rushed us to make a decision. When we first met him we really like his integrity. He's very personable. He's very warm and easy to work with. You can ask him anything. If he doesn't know the answer he'll find it for you. Anytime we wanted to meet with him he would make time for us. We have nothing but good things to say about working with him. I think even though he's in sales, which doesn't always bring the best picture to mind, he's very good at what he does. He personable and warm and doesn't do the hard sell. He does the research, works with you, is patient, he's really terrific. We feel very fortunate to have worked with him and we're really happy with our house!"

To contact Mike Gray of the Mike Gray Home Selling Team, you can reach him by phone at 832-428-6453 or by email at Mike@homesfromhouston.com.

Wednesday, December 16, 2015

December Market Report for the Houston Metro


There are many great Houston area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 832-428-6453 for a FREE home buying or selling consultation to answer any of your real estate questions.

We're in a shifting market here in Houston due to the fluctuations in oil prices. Some of this is seasonal, but we're definitely starting to enter a new landscape. Let's discuss what happened this December.
Overall we're seeing a drop in year-over-year sales, and this is the first time since 2012 that this has happened. The biggest drops in sales are in the low price brackets and the highest price brackets. Home sales under $150K dropped by 25%, and homes valued higher than $500K saw a 22% decrease in sales. This is extremely significant.
Home prices fell 3.7% since last year, and this is also the first time this has happened since 2012. This shouldn't come as a surprise since our market has been so hot lately.
Inventory has increased, and we have nearly 3.5 months of supply. However, this is still well below the national average.


The Fed are meeting this month, and all the reports that we have seen are indicating an increase in interest rates. Mortgage interest rates really cannot get any lower, so if you've been thinking about buying a home, I suggest that you do so now before rates get too high. Every day that you wait, you're losing buying power.
If you have any questions about these developments, please don't hesitate to contact me. I look forward to speaking with you.
Happy Holidays!