And Down Again!!!!

I received an email from my husband again yesterday with an article that mortgage rates have dropped again (he is my personal "rate watcher" - and a shout out to him for 33 years of marriage today!)

What does this mean?  It means now really is the time to buy - really!  Lower interest rates mean lower monthly payments which means more money in your pocket!  Want to find out more?  Email,  call or text me at 713.817.5710

How much are we talking?  Use this handy calculator on Realtor.com http://www.realtor.com/home-finance/  

According to MSN  :  "Mortgage rates fell to the lowest level in decades for the ninth time in 10 weeks, as concerns grow that the economy is weakening.

Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year fixed loan was 4.36 percent this week, down from 4.42 percent last week. That's the lowest since Freddie Mac began tracking rates in 1971.

The average rate on 15-year fixed loan dropped to 3.86 percent from 3.90 percent the previous week. That's the lowest on records starting in 1991. "  more

What a Difference Staging Makes

Sometimes it is hard to imagine what a room should look like. It is hard to picture size with no context - i.e. "will my bed fit" in a room that is empty. This is the value of staging. As I partner with my clients, they see the value in this as well.  Whether it is borrowing furniture from a friend, using items you already have on hand, or using an air mattress to simulate a bed - it all helps to sell the home.  Need ideas on how to stage - you can consult a professional stager, or ask your Realtor. 

Keepin it Cool

This last spring we splurged and installed a high efficiency A/C and heating unit for our upstairs - let me say it has been worth every penny!!!The two stage cooling with the dehumidifier has made the upstairs almost cold (while the thermostat is set for 79) AND has the added benefit of keeping our downstairs comfortable since we have an open plan. Our electric use has dropped and we are comfortable - which is amazing since I am VERY miserly when it comes to energy use. Don't forget there is still the Federal Tax Credit available if you upgrade your system this year.


Don't have the funds to buy new? Use these tips to keep your unit running well from a recent article:

RISMEDIA, August 11, 2010—As the summer sun continues to heat up the country, homeowners are taking full advantage of their central air conditioner units. Charles Furlough, vice president, Pillar To Post Home Inspections offers the following tips to keep your air conditioner running smoothly this summer.

Keep It Clear:

The big AC unit outside your house is called the condenser. This equipment actually cools the liquid in the coils of your AC. Cooler coils mean cooler air in your house.

You’ll want to keep the area around the condenser clear of grass, bushes, leaves and just about everything else so that the fan gets the maximum amount of airflow. Ensure there is nothing blocking the vents or around the unit for one or two feet in every direction.

Keep It Clean:

Turn off the power to the unit before cleaning. Check that the interior is free of debris on the inside and outside. Most units can be cleaned with a hose sprayed from the top down, washing any dirt or debris from the inside. Remove one side panel of the outside unit and then take a broom or rake and remove any leftover debris or leaves that have been washed down to the bottom.

Coils can be damaged fairly easily, so spraying them down with water usually is sufficient.

Keep It Cool:

The U.S. Department of Energy recommends shading your central AC unit so that it doesn’t have to work as hard to cool the coils inside the unit. Planting a shade tree near (but not too close) the unit can help keep the unit cool and running efficiently. According to the U.S. Department of Energy, this one action could save you up to 10% on your cooling bill.

Keep It Consistent:

Turning the AC unit on and off can wear down interior switches and potentially damage the thermostat. Instead, set the thermostat temperature and let the air conditioning catch up and do its job without interference.

An automatic thermostat can be programmed to change the temperature when the home is typically empty during the day. This money-saving idea also saves energy, since the house won’t be as cool when no one is at home.

Keep the central air conditioner fan on AUTO and not ON all the time. These systems are meant to cycle on their own terms and keeping the furnace fan ON all the time could actually blow warm air back into the home.

Keep It Maintained:

Check the air filter and replace it a little more often than usual. In addition to the filter, look around for any leaks in the hoses or air ducts. Loose ducts with small gaps and tiny air leaks around older duct work can severely diminish the AC’s efficiency.

Keep It Charged and Serviced:

A professional technician can tell if the refrigerant should be recharged or if other system elements need replacing. Consider having a full service on your AC unit every year or two. The money recovered in energy savings and peace of mind during those hot summer days will easily compensate for the incremental cost.

Practicing What You Preach...when it comes to home improvement


I have said it to myself and others so many times "don't wait until you move, or it's too late, before you make improvements". The point of making improvements to your home SHOULD be for you and your families personal enjoyment. Many times however, we wait too long and the improvements come for the next owner to enjoy. At our last home we did not enjoy the newly updated bathroom and new flooring in the kitchen.. Our kids got to enjoy their personalized rooms for only a few months.  Hopefully, the new owners enjoyed the labor of our efforts.

It is with this in mind (and the pressure that my kids will be off to college before we know it) that we have begun the task of repainting their rooms and bathrooms. (I must confess that the "we" is actually my husband who is laboring as I type this). Our "goal" is to continue with updated fixtures and flooring and not wait until we sell someday in the future. An added bonus is this has inspired some clearing, cleaning and decluttering too!

  
So here is my challenge! Walk around your home with a notebook in hand and write down a list of things that would need to be updated "if" you were to sell someday AND what you would like to update to enjoy. Then begin to tackle the list one item at a time. The advantage of this is simple:

  • You get to enjoy improvements in your home
  • Since you aren't "rushed" by a deadline, you can shop for some good deals and sales. If kids are involved, help them see the importance of sticking to a budget for the project
  • If and when you do sell, you are ready! Then you can just focus on your move and not a HUGE to-do list


If you want to make sure you are not over improving your home for your neighborhood, give me a call and I'd love to help! (not the painting part - only the ideas!)

Lowered Price - Low Interest Rates - Buy now!

With a $5000 price drop to $186,000 this 2558 sq ft, 4 bedroom 2 1/2 bath Bay Knoll home is around $72 per sq foot - a fantastic value for this Clear Lake neighborhood. Add to that the fact that it is a corner lot leading into a cul de sac AND feeds to an Exemplary Elementary and Middle School and is in CCISD district this home is an even more of an amazing value.


Did we mention the crown molding, bay windowed breakfast area, formal living AND dining room, french doors leading to LARGE backyard, new roof, carpet and A/C?

Come see for yourself and make an offer! http://www.823noblesprings.com/ for more photos and video tour!