What Can You Expect in 2014?

Welcome back! I wanted to do one final video for 2013. As we roll towards the end of the year, I want to personally say “thank you” for all your support, friendship and referrals. It has been a great year and we’re looking for 2014 to be a bang-up year as well. If we look back on 2013 ending in October, Houston added 79,000 jobs and 2014 is projected to add 70,000 more jobs. That may seem like a drop, but 79,000 was not a sustainable number. Another interesting number provided by the Greater Houston Partnership is that Houston will add another 125,000 residents on a consistent yearly basis. Oddly enough, 65,000 of those residents are from births alone.

As the city grows at a rapid pace, what does this mean for real estate? This will bring more demand in the coming years and next year is expected be another big year for real estate. Inventory is at an all-time low; inventory now is lower than it was two weeks ago. If the market is anything like it was last year, the market exploded much earlier than normal; our spring started in February and we expect the same. If you’re thinking about selling your home, you may want to put it on the market before spring to beat the competition.

Stay tuned for my Crystal Ball report. Thanks and have a great day!

Happy Thanksgiving!

Welcome back to my video blog. I wanted to wish everyone a Happy Thanksgiving and a Happy Hanukkah!

I can't believe 2014 is just a month away. We've had a fantastic market this year and we expect it to continue into next year.

This is our 29th consecutive month of gains; our market is up 13.1 percent from this time last year.

Inventory is at 3.1 months which means if we continue to sell at the current pace and no more homes came on the market, there wouldn't be any properties in 3 months.

If you're thinking about buying or selling this spring, give me a call. Let's talk about what your buying strategy should be or how to prepare your home for the market.

I also wanted to make you aware of a scam that is going on. You may have seen ads on Facebook or Craig's List where a property that is for sale is being offered as a rental. Some individuals are acquiring money by renting out properties they don't even own. If you have any questions about this, give me a call.

Thanks for watching. Happy Holidays!

Home Improvements and Renovations Part 2

Thanks for joining me again today! In the last video we talked about how you can improve your home and get the most return on renovations. Today I wanted to bring you a few more tips if you’re thinking about updating your home.

Layout - Is the space being utilized in the best way possible? The last thing you want to do is finish a project and find you could have done it a better way.

Replace your windows - If you change out your single-paned windows to double-windows, not only will the windows look better in the eyes of the buyer, but it saves hundreds of dollars in energy efficiency. You can expect around 86 percent return.

Replace your Roof - This sounds like a big task and it is; that’s why most buyers won’t consider a house that needs roof repairs. You will get a 75 percent return.

If you have any questions about a specific project you have in mind, give me call. I’d love to help you!

Thanks for watching!