News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Buying a house is exciting, stressful, time-consuming, expensive … and you could insert dozens of other words. Nobody would dispute that it takes a lot of energy to buy a home at all, and the last thing you want to do is have to sell it and buy another in three to five years when
According to market research, it’s still currently a very good time to invest in an income property. Interest rates are low as the banks become more comfortable about lending money to first-time investors, and rising property prices signal a strong return in the future, whether you sell the home or rent it out.
People need homes, no matter the time of year, so you wouldn’t think weather would affect this market. However, it plays a key factor in home sales. If you’re in the market to sell your home, you may not know that there’s actually a best month and season to sell your home.
If you’ve paid attention to trends the last couple years, then you’ve probably noticed there’s a rabid interest in “tiny homes.” And while you have to be a little bit eccentric to make the move from a standard-sized home to a tiny home, there is something to be said for downsizing.
Any real estate agent will tell you that fall/winter is the worst time to put your home on the market. Home sales do happen during this time, but home buyers, on the whole, seem to be more interested in purchasing during the spring and summer.
You’ll meet a lot of people when you go through the home selling process. There’s the real estate agent that will work alongside you, the escrow agent who will handle the paperwork, the many potential buyers viewing the home, and the buyer who finally completes the transaction.