Waterside Estates (Richmond, TX)
By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Key Factors That Impact Affordability TodayYou can't read an article about residential real estate without the author mentioning the affordability challenges that today's buyers face. There's no doubt homes are less affordable today than they were over the last two years, but that doesn't mean homes are now unaffordable.There are three measures used to establish home affordability: home prices, mortgage rates, and wages. Lets look closely at each of these components.1. Home PricesThe most recent Home Price Insights report by CoreLogic shows home values have increased by 19.1% from last January to this January. That was one reason affordability declined over the past year.2. Mortgage RatesWhile the current global uncertainty makes it difficult to project mortgage rates, we do know curren...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Many members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home. If you find yourself in this group, its important to understand you're never too young to start thinking about homeownership. The sooner you start planning, the sooner you can move on from renting.As you set off on your journey and plan your next move, here are a few reasons to think about homebuying this year.The Reasons Gen Z Want To Become HomeownersWhile the majority of Gen Z haven't entered the housing market yet, a large portion plan to according to a realtor.com report. The report found that 72% of Gen Z would rather purchase a home than rent long-term. As George Ratiu, Manager of Economic Research for realtor.com, says:With nearly three-quarters of those surveyed preferring ...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the year.Real estate is very similar. The number of homes sold in the spring is almost always much greater than at any other time of the year. Its even labeled as the spring buying season. Historically, the number of buyers and listings for sale significantly increase in the spring and remains strong throughout the summer. Once fall sets in, the number of buyers and sellers typically drops off.Last year, however, that seasonality didn't happen. The outbreak of the virus and ...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Alarms play an important part in keeping your home safe. Smoke alarms and other fire alarms can give you an early warning in case a fire breaks out somewhere in your house, which is why it’s recommended that you keep your alarms in working order. To make this easier, some homeowners opt for hardwired alarms which don’t require periodic battery changes to stay active; these alarms are powered by your home’s electrical wiring, so they’re always functional as long as you have power.Unfortunately, these alarms sometimes go off when there isn’t a fire threat as well. While you don’t want your smoke alarm or other warning system to miss signs of an actual fire, it can be pretty frustrating if your alarm goes off all the time when there’s no actual danger. If you have issues with an alarm that...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored the ability to build wealth as a homeowner.According to the latest research from the National Association of Realtors (NAR):Homeownership is a key pathway to building wealth and narrowing the racial income and wealth inequality gap. Housing wealth (equity) accumulation takes time and is built up by price appreciation and paying off the mortgage.An increase in equity builds the wealth of the individual that owns it. This wealth can be passed down to future generations. The Federal Reserve in an addendum to their Survey of Consumer Finances explains:There are numerous ways families can transmit wealth and resources across generations. Families can dire...
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By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
Waterview Estates Real Estate Homes For Sale, Rent & Price TrendsShayne Stone "Your Rock Solid Choice Realtor" that helps Home Sellers make a Profit and Home Buyers Equity in Waterview Estates neighborhood / subdivision / community which is located in Richmond Texas 77407 in Fort Bend County. Waterview Estates has 1,154 single family properties with a median build year of 2009 and a median size of 2,323 Sqft., these home values range between $171 - $283 K. The sqft. price change data is available through 1998. The median sold price/sqft is $98.57 while the median appraised value is $ 92.42/ sqft. View homes for sale or rent in Waterview Estates and see new homes, trending properties, Foreclosures and much more.Sometimes there's nothing listed For Sale in Waterview Estates - Bookmark the...
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By Rosie Crow, Exceeding Expectations. Delivering Results
(Serving Sugar Land, Richmond, Rosenberg, Missouri City)
  Waterside Estates, Richmond Price Range: Home prices range from about $140K to $500K.  Waterside Estates, Richmond is a beautiful master-planned community located off of the Grand Parkway.  Residents enjoy relaxing amenities including a swimming pool, splash pad, playground, tennis courts, community parks, and several hike and bike trails.   The subdivision is located just minutes from Highway 6, Highway 90A, and U.S. 59 and close to shopping and dining venues. Waterside Estates, Richmond was built in 2000 and the average size of homes is roughly 3,000 square feet. The average lot size is 8,745 square feet. Waterside Estates is zoned to excellent Fort Bend ISD schools.   ________________________________________________________________________________________________________ Map  Here ...
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Richmond, TX Real Estate Professionals