Houston Market Update – Third Quarter 2021
The Houston real estate market is hotter than ever as it records its 14th straight month of increased sales. Sellers continue to ask for and receive top dollar for their homes and pull the strings in negotiations. According to the Houston Association of Realtors recent reports, single-family home sales are moving about 25% ahead of 2020’s record pace (year-to-date). In such a competitive market, with no end in sight, let’s discuss why building a new construction home or renovating your current home may be the best decision for you.
Building a home gives you the control. No more searching for a home, being outbid, or compromising on your wish list. Building a home allows you to pick your perfect location and land. It affords you the choice of ideal layout, fixtures and overall aesthetic. With Walker Residential by your side to answer your questions, explain the process, and keep the build on schedule and budget, you’re in the driver’s seat instead of at the mercy of this competitive seller’s market. What’s more, you’ll have control over each design decision. At a time when the world can feel so out of control, it’s comforting to make your own choices regarding your home. Your sanctuary should be filled with things you love at every turn – the stove you have always wanted, the fixtures to match your style, the flooring that makes you smile and the fireplace that draws your family near.
Your design dreams are also possible in your current home as well! Renovations to your beloved family house may be on your mind as you’ve spent more and more time there over the last year. As we have discussed in previous blogs, making renovations and upgrades to your kitchen and bathrooms can have a great impact on your way of life in your home as well as your future resale value. Want to finance your renovations? Talk to your trusted mortgage professional about the possibility of a HELOC or cash out refinance. Because a home is often a consumer’s most valuable asset, many homeowners use home equity credit lines only for major items like home improvements. Interest rates continue to be historically low, and these loans allow you to better afford the necessary repairs and updates to your home.
Whether you build from scratch or remodel your home, Walker Residential is here to work for you and with you. Call us today to talk through our proven and painless process!
September events in Houston:
- Texas Kickoff:
University of Houston vs Texas Tech
- Never Forget: Commemorating the 20th Anniversary of 9/11
Lone Star Flight Museum
*All first responders get free admission on September 11th and 12th
- Urban Harvest Farmers Market:
September 4th, 11th, 18th, 25th