Category: Uncategorized
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Texas New Home Prices & Construction Activity Will Grow
Homebuilders in Texas are optimistic about increasing new home prices and construction rates in 2024. Homebuilders expect new home prices to increase between 1% to 5% this year.
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Affordable Living: Texas Cities That Beat Austin!
Lubbock – Avg cost of living/ week: $1,710, ↓ ~51% than Austin – Median sold home price: $226KArlington – Avg cost of living/ week: $1,807, ↓ ~43% than Austin – Median sold home price: $314K
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Nearly Half of Harris County Homeowners See Property Valuations Drop Amid Rising Interest Rates
Nearly half of homeowners in Harris County have seen a drop in property value assessments, largely due to high mortgage rates. However, overall property valuations have grown over time. Homeowners are encouraged to appeal taxes and explore exemptions. Protests have led to significant tax reductions. Continue to full article
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Spruce up Your Rental: 5 Easy Hacks for Renters
Enhance flooring with quirky area rugs for a cozy touch and floor protection. Upgrade to a spa-like shower experience by swapping out your showerhead, but remember to take it with you.
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Happy Mother’s Day
Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods. Anna Jarvis’s lobbying…
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$4M approved for two Harris County homeowner assistance programs
Harris County commissioners approved $4 million in federal funds for two homeowner assistance programs. One program will provide legal assistance to low-income homeowners affected by COVID-19, while the other will offer education and counseling on homeownership. Each program will receive $2 million and be administered by qualified organizations. Continue to full article
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Homeowners insurance is rising in Texas
Home insurance rates in Texas are increasing due to higher construction costs, labor expenses, and natural disasters. Texas homeowners are facing significant price hikes, with an average of $4,400 per year. San Antonio homeowners are paying around $3,600 annually. Experts suggest shopping around for the best rates and taking advantage of discounts to mitigate the…
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Texas Is a Top State for Luxury Tiny Homes
Texas is a hotspot for luxury tiny homes, boasting the 2nd-highest number of listings in the US. A luxury tiny home in Texas is defined as costing >$75K, with the avg of 358 sq ft with 1.3 bedrooms.
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What’s Hot in Commercial Real Estate
AI Adoption: Real Estate firms are embracing AI for faster decisions and data-driven insights.Operational Real Estate: Investments in properties like hospitals benefit from steady demand.
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7 Types of Tax-Deductible Home Improvements
Nearly a quarter of homeowners are planning major renovations this year, some of which may be tax-deductible. Energy-efficient upgrades, clean energy upgrades, historic home upgrades, medically necessary upgrades, and home office repairs and improvements are examples of projects that could qualify for tax deductions. Consulting a tax professional is recommended for more information on eligibility.…