Buyer Tips: Interest Rates in 2019

Last week on Instagram, we posted that interest rates were holding steady & that we may not see more increases in 2019! We got a lot of messages with questions, so we wanted to share a few quick takeaway & stats, and what all this may mean to you as a buyer or a seller.

As of March 27, headlines still read “Mortgage Rates Still Moving Lower After Last Week’s Stellar Drop” (Mortgage News Daily), “Mortgage interest rates dropped last week and may stay down for months“, and “Falling mortgage rates propel mortgage applications” (The Housing Wire)… so if you’re thinking about entering the real estate market, now may be the time to do so!

If you’re not planning on moving in 2019 or 2020, perhaps it’s time to refinance or find an investment property. We work with a lot of great lenders and loan officers that can help you to weigh your options. 

For all things real estate, give us a call today at 832-317-6006.

Coldwell Banker United, REALTORS® – Metropolitan

Katie Day, REALTOR®
2 Greenway Plaza #150 Houston, TX 77046
Phone: 832.317.6006
Email: katie@movemetotx.com
Web: http://www.katiedayteam.com | http://www.movemetotx.com

Inner Loop Homes Under $300K

A quick look at a few Inner Loop Homes currently listed at $300,000 or less! To view more information, click HERE, then contact us to schedule a tour!

For more information on homes in the Greater Houston area, reach out today!

Coldwell Banker United, REALTORS® – Metropolitan
Katie Day, REALTOR®
2 Greenway Plaza #150 Houston, TX 77046

Phone: 832.317.6006
Email: katie@movemetotx.com
Web: http://www.katiedayteam.com | http://www.movemetotx.com

Homes for Sale: 2744 Clay Street, Houston, TX 77003

Welcome home to 2744 Clay Street. Enjoy the downtown view from the rooftop deck of this street-facing townhome with fenced front yard large enough to exercise your green thumb. This three-bedroom home is bathed in natural light throughout.

The second-floor open plan with kitchen, dining and living rooms is accented by high ceilings and gleaming wood floors. The island kitchen with breakfast bar features granite countertops, stainless steel appliances, abundant cabinet storage and a large pantry.

The master suite and second bedroom are on the third floor and the third bedroom is on the first floor. A landing on the fourth floor leading to the rooftop deck would be a great place for a beverage refrigerator. You’ll want to host the July 4th party next year just to see the fireworks display. The attached 2-car garage is off a driveway with gated access and street curb parking is available for guests.

Just blocks from rail, downtown, sports and entertainment venues. Convenient to 59/69, 288, I-10 and I45!

 

For more information on EaDo real estate, or any other home in the Greater Houston area, reach out now!

Coldwell Banker United, REALTORS® – Metropolitan
Katie Day, REALTOR®
2 Greenway Plaza #150 Houston, TX 77046

Phone: 832.317.6006
Email: katie@movemetotx.com
Web: http://www.katiedayteam.com | http://www.movemetotx.com

Buyer Tips: Why Get a Home Inspection?

As a home buyer, it’s important to understand the current condition of the home you are purchasing.

Here are a few tips for buyers when home inspections!

If you’re thinking about buying, contact us today so we can discuss your plans and come up with a game plan to purchase your dream home!  

Coldwell Banker United, REALTORS® – Metropolitan
Katie Day, REALTOR®
2 Greenway Plaza #150 Houston, TX 77046

Phone: 832.317.6006
Email: katie@movemetotx.com
Web: http://www.katiedayteam.com | http://www.movemetotx.com

Submitting Creative Bids During the Spring Market Frenzy

 

It’s that time of year again. The spring market is in full swing and crowds of buyers are fighting over their dream house—or at least the closest thing to it, considering this year’s nationwide inventory shortage isn’t leaving many options. So, what does that mean? For the most part, higher prices, more competition and a whole lot of bids.

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Listings in good condition tend to get multiple offers this time of year, and buyers are putting forth their strongest submissions—cash offers, over-asking, fast closings, no contingencies, etc. But creativity is the name of the game in this year’s competitive market. Buyers are inspired to win over the seller’s emotional side. Here are the latest home-buying trends for beating out the competition in a swarming spring market:

Love Letters
While they’ve been around for a while, they’re getting a lot more popular, being used by buyers as a last-ditch effort to win via the seller’s emotional attachment to the home. Most letters talk about favorite design choices the seller incorporated, plans to raise the family and proclamations that the home is “the one” after a long and tough home search.

Letters usually tell the seller that the buyer is serious and willing to take care of the home. But some sellers may only focus on the numbers and terms. It’s a toss-up, but it doesn’t hurt to try.

Buyer-Crafted Videos
These are a little newer, emerging after YouTube’s digital push into vlogging, or video blogging. While they can come off as cheesy, they are a little more personal than handwritten letters, because sellers will feel like the potential buyer is talking directly to them.

According to REALTOR® Magazine, a couple recently won a bid on their dream home by making a music video to “Our House,” which just so happened to be the song the sellers sang to each other when they first lit the fireplace in their home. The connection instantly won the sellers over, beating out another offer that was $20,000 over the buyers’ submission.

If you’re considering making a move and purchasing your first home, check out our video on YouTube for more details on how to get started, then give us a call!

Coldwell Banker United, Realtors
MOVEMETOTX – Katie Day Team
2 Greenway Plaza #150 Houston, TX 77046
Phone: 832.317.6006
Email: katie@movemetotx.com
Web: http://www.katiedayteam.com | http://www.movemetotx.com