General News - Real Estate, Updates, News & Tips

Realtor.com Names 8 Most Desirable Suburbs

The suburbs have been in big demand since the pandemic as more families look for more room to spread out, desiring bigger homes and yards.“More people are making the decision to move a bit farther away from work to find more affordable housing where there are still some urban amenities,” Jung Choi, a senior research associate at the Urban Institute, told realtor.com®.Realtor.com® researchers identified their 2021 picks for the best family-f

Read More

Wildfire Prevention Plan Includes Repurposing Homes

Paradise, Calif., faced the deadly and destructive 2018 Camp Fire, and officials want to make sure history never repeats itself. To that end, officials are buying up properties that are most at risk for wildfires to protect future homeowners and the town by turning these purchased properties into fire-resistant green spaces, NPR reports.The 2018 Camp Fire wiped out a large section of Paradise, marking one of the deadliest and destructive wildfire

Read More

Dip in Contracts Signals Opening for More Buyers

The housing market took a slight dip in contract signings in July, but that could potentially mark an opening for home buyers who have been shut out by fierce competition over recent months.The National Association of REALTORS® reported this week that pending home sales dropped by 1.8% in July compared to June, the second consecutive month for declines. Only the West saw contract signings increase last month. But all major regions across the cou

Read More

Mortgage Rates Barely Budge, Averaging 2.87%

Mortgage rates continue to hover at all-time lows, marking the ninth consecutive week that rates have averaged below 3%.“The tug-of-war between the economic recovery and rising COVID-19 cases has left mortgage rates moving sideways over the last few weeks,” said Sam Khater, Freddie Mac’s chief economist. “Overall, rates continue to be low, with a window of opportunity for those who did not refinance under 3%. From a homebuyer perspective,

Read More

Starter Homes Still Cheaper than Renting in Many Areas

Aspiring first-time homebuyers may not want to give up on that competitive house hunt: In many markets, they could save money by owning.Buying a starter home is more affordable than renting in nearly half of the largest U.S. metros, according to a new study released by realtor.com®.The U.S. median rental price has climbed nearly 10% year over year to $1,607. That is 15.5% higher than the monthly payments for a starter home, the lower-priced tier

Read More

Supreme Court Ends Eviction Moratorium

In a 6-3 decision late Thursday, the U.S. Supreme Court ended the Centers for Disease Control and Prevention’s eviction moratorium. The move brings relief to the country’s small housing providers, who have faced financial hardship for more than a year.In a statement sent to all members overnight, the National Association of REALTORS® said, “This decision is the correct one, from both a legal standpoint and a matter of fairness. I

Read More

Co-Working Spaces Surge Amid Return-to-Office Uncertainty

Co-working spaces continue to have a big moment in the commercial sector as more businesses are drawn to flexible and short-term solutions amid COVID-19 and its latest fast-spreading delta variant.Technology companies are reportedly one of the major industries that are snatching up co-working spaces, such as WeWork, The Wall Street Journal reports. Their rental contracts may be for “hot desks” or for more than 50,000 square feet leases th

Read More

Lender Offers Mortgage Discount to the Vaccinated

Neat Loans announced that clients who get a COVID-19 vaccine will receive a $500 discount on home financing through the company. The discount applies to $500 on closing costs for residential purchases or when refinancing a mortgage loan.More companies are requiring their employees to get vaccinated prior to returning to the office. But now some firms are extending that to clients with enticing offers to motivate more people to get vaccinated agai

Read More

Property Taxes are About to Rise

Skyrocketing home prices over the last year may soon hit current homeowners in the form of property taxes. Housing experts are predicting property taxes to climb higher in 2021 than the 4% uptick in 2020.Many city governments lost revenue during the COVID-19 pandemic and, as reassessments kick in, homeowners may be faced with a soaring bill. Property taxes are expected to increase by about 6.5% in 2021, according to realAppeal, a company tha

Read More

Welcome Broker-Partner David Gervais

About David David moved to Austin in 1991 and started his Real Estate career as a New Home Professional Sales Consultant with a major builder. There he learned the homebuilding process literally from the ground up. Starting with an undeveloped lot, choosing the floor plan, elevation and upgrades to be incorporated into the spec homes or assisting buyers at the design center with all the many options available to them as they customized their to b

Read More

This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.