Houston/Clear Lake Real Estate Blog

More Good News for Houston

2012-01-20T11:17:00.001-06:00

Remember not that long ago when everyone was freaking out because of area job layoffs and predicting doom and gloom? Today an article in the Chronicle states "The Texas economy is outperforming the nation as a whole mostly on Houston's coattails, alongtime observer of the city's econmy said Thursday. Texas is doing well because Houston is doing well."

If I am not mistaken that sounds like good and encouraging news! Of course it came as no suprise to me. Just go to any shopping mall and the crowds will tell you that people must have a disposable income because they are out buying. The article further says "Another good sign is the recent surge in local sales tax receipts, which have been strong since midsummer and up about 10 percent since then on an annualized basis."

As a Realtor, friends will often ask me "so how does 2012 look for real estate?" People are looking at homes online, you can almost sense people exhaling (after a few years of holding their collective real-estate breath), and with interest rates ridiculously low I am looking forward to 2012 as it looks very promising.

Read the entire Chronicle article here http://www.chron.com/business/economy/article/Houston-driving-Texas-growth-economist-says-2642864.php

Good News in Housing and Jobs

2012-01-18T15:36:00.002-06:00

In HAR's recent news release it indicates that housing is beginning a climb up - more sales, slight increase in prices and less inventory. The article also states that "According to the Greater Houston Partnership, as of November 2011, the Houston metropolitan area gained 170,700 net new jobs, recovering 112 percent of the 152,800 jobs lost during the recession".

So let's see, the housing market is improving, jobs are growing and interest rates are at an all time low (by low I mean you can get under 4%) So what was the reason you aren't buying a home?

Read the entire article http://www.har.com/newsroom/

Understanding Comps OR How to Price Your Home

2012-01-17T09:29:00.001-06:00

Obviously you want a Realtor to help you price your home, but this article will help you understand the logic behind it all.

It should be noted that most homeowners feel their homes are worth more than they actually are.....its because we place emotional value into the mix. Most buyers don't care how much you spend on your remodeling or recent roof or A/C. It doesn't matter to them that you want 100% return on investment. Buyers want a good value, they want a home that has a good roof, and working A/C and heat and they want a home to look good on the inside requiring minimal work by them. It is a mistake for a homeowner when pricing a home (and I've seen some do this) to take what they paid for the home, estimate equity and then add all improvements they've made to the home to reach the sales price. While your Realtor may agree to list at this price, I can just about guarantee it won't sell for that. Read on what really goes into pricing a home.

http://members.houselogic.com/landing/comp-sales-12012/

2012-01-16T12:24:00.001-06:00

Yes another blog about how low interest rates are. How many of these can I write? Just when we think "there is no way interest rates can go any lower" there is an article to disprove this.
http://rismedia.com/2012-01-15/mortgage-rates-continue-trend-of-record-breaking-lows/

However, all good things must come to an end. With the housing market beginning to warm up - prices are sure to follow. This makes it the best time to buy or at the very least get the process started.

Get your finances in order and keep all those documents you will be using for your taxes
Talk to a lender to see how your credit looks and what you might qualify for
See if you qualify for any special programs based on your job (i.e. such as police officers)
Talk to a Realtor about your desires and needs for a home to help narrow your target area

Give me a call if you need the names of lenders, or what further assistance to help you buy

New Year - New Home?

2012-01-09T09:49:00.002-06:00

The headlines of the Chronicle read" Demand to build for new homes". http://www.chron.com/business/article/Builders-to-get-busier-this-year-2442255.php With a headline like that, it can only mean good news for the housing market.

With interest rates remaining low, and builders want to build, it is a great time to get a new home. It is always important to also realize that when you go directly to a builder to have new home built without a Realtor, no one is representing your interests or negotiating on your behalf. While it may not bring the cost of the home down, a Realtor may be able to negotiate some extra items - like blinds or garage door openers etc. Having a Realtor help you find a new home or housing development also doesn't cost you anything! Our fees are paid by the builder; plus we can show you other homes in other developments to make sure you are finding the best home for your family.

New Year - new home - why not!

Year End Tax Tips (sorry for mentioning the "t" word)

2011-12-22T10:30:00.000-06:00

I give you permission to not think about Taxes until after Christmas, but it is important to consider before the New Year. With a little over a week until the end of the year, here are some tax tips that I received from my accountant ......

"

Six Year-End Tips to Reduce 2011 Taxes

The IRS wants to remind all taxpayers that with the New Year fast approaching, there is still time for you to take steps that can lower your 2011 taxes. However, you usually need to take action no later than Dec. 31 in order to claim certain tax benefits.
Here are six tax-saving tips for you to consider before the calendar turns to 2012:

1. Make Charitable Contributions – If you itemize deductions, your donations must be made to qualified charities no later than Dec. 31 to be deductible for 2011. You must have a canceled check, a bank statement, credit card statement or a written statement from the charity, showing the name of the charity and the date and amount of the contribution for all cash donations. Donations charged to a credit card by Dec. 31 are deductible for 2011, even if the bill isn't paid until 2012. If you donate clothing or household items, they must be in good used condition or better to be deductible.

2. Install Energy-Efficient Home Improvements – You still have time this year to make energy-saving and green-energy home improvements and qualify for either of two home energy credits. Installing energy efficient improvements such as insulation, new windows and water heaters to your main home can provide up to $500 in tax savings. Homeowners going green should also check out the Residential Energy Efficient Property Credit, designed to spur investment in alternative energy equipment. The credit equals 30 percent of the cost of qualifying solar, wind, geothermal, or heat pump property. For details see Special Edition Tax Tip 2011-08, Home Energy Credits Still Available for 2011 on the IRS.gov website.

3. Consider a Portfolio Adjustment – Check your investments for gains and losses and consider sales by Dec. 31. You may normally deduct capital losses up to the amount of capital gains, plus $3,000 from other income. If your net capital losses are more than $3,000, the excess can be carried forward and deducted in future years.

4. Contribute the Maximum to Retirement Accounts – Elective deferrals you make to employer-sponsored 401(k) plans or similar workplace retirement programs for 2011 must be made by Dec. 31. However, you have until April 17, 2012, to set up a new IRA or add money to an existing IRA and still have it count for 2011. You normally can contribute up to $5,000 to a traditional or Roth IRA, and up to $6,000 if age 50 or over. The Saver’s Credit, also known as the Retirement Savings Contribution Credit, is also available to low- and moderate-income workers who voluntarily contribute to an IRA or workplace retirement plan. The maximum Saver’s Credit is $1,000, and $2,000 for married couples, but the amount allowed could be reduced or eliminated for some taxpayers in part because of the impact of other deductions and credits.

5. Make a Qualified Charitable Distribution – If you are age 70½ or over, the qualified charitable distribution (QCD) allows you to make a distribution paid directly from your individual retirement account to a qualified charity, and exclude the amount from gross income. The maximum annual exclusion for QCDs is $100,000. The excluded amount can be used to satisfy any required minimum distributions that the individual must otherwise receive from their IRAs in 2011. This benefit is available even if you do not itemize deductions.

6. Don't Overlook the Small Business Health Care Tax Credit – If you are a small employer who pays at least half of your employee health insurance premiums, you may qualify for a tax credit of up to 35 percent of the premiums paid. An employer with fewer than 25 full-time employees who pays an average wage of less than $50,000 a year may qualify. For more information see the Small Business Health Care Tax Credit page on IRS.gov.

And here is one final tip to remember: you should always save receipts and records related to your taxes. Good recordkeeping is a must because you need records to prepare your tax return, and it will help you to file quickly and accurately next year."

Good News about the Housing Market

2011-12-21T12:54:00.002-06:00

"Housing likely to end 2011 on a high note"

There it was, an article in today's Chronicle....good news about the housing market. Yes it must be the Christmas season as the words - article - good news - and housing market haven't been strung together in quite some time.

You can read for yourself that there were improvements in median price and number of sales when you compare Novembers numbers to last year. I didn't need to really read the article, you can feel it. There is a growing optimism.

http://www.chron.com/business/article/2011-s-housing-market-likely-to-end-on-up-note-2416165.php

What does this mean for you? Well if you are a homeowner, or a seller it means the corner is beginning to be turned and housing prices will begin to rebound, and homes will sell quicker. What does this mean for buyers? It may mean the end of the days of luxuary where you could leisurely shop for a home and use the housing figures as a way to get a "bargain" or be extremely picky about what you want for the money. Prices are still low (but inching up) and rates are crazy low. 2012 may be the year you want to buy. Even if you aren't planning to buy or sell until Spring, give me a call to maximize your efforts as you wait.

Houston isn't only #1 in football

2011-12-12T16:38:00.000-06:00

While Texans fever is sweeping Houston, a recent article also shows Houston has placed first in another category. According to one article it is the #1 place to be a landlord.

"Based on home prices, area economy and rents, and ranked by job growth, per Local Market Monitor:

Houston

2.5%

Annual job growth:

Projected 3-year rent increase: 18%
Q2 home price: $174,000
Current monthly rent: $818 "

I am not sure where they get the rental amount, because a home in the Clear Lake area can easily be around $1200 for a 3 bedroom house. Read the entire article here - and give me a call at 713.817.5710 if you 'd like to look at some homes as an investment.

http://money.cnn.com/pf/the-year-in-money/real-estate/best-places-landlord/

And if you are currently renting and wonder why we are number one - it is simple - you can affordably own a home here for LESS than what you would pay in rent. Maybe we should talk and see if you can become a homeowner.

What you won't hear from the media

2011-12-12T10:54:00.002-06:00

The other day I was commenting to my husband how the "average" 30 year mortgage rate was around 3.8% His comment "why don't you hear about that on the news?" Good point. I can assure that as rates inch up the low 4's it will be all over the media how rates are climbing. The reality check though is to realize that even if rates climb to 5 or 6 - they are still good rates. There was a time in the not so distant past that interest rates were in the double digits - and people still bought homes. I think with rates at their current low rate, many who are "waiting" for the housing market to get better will kick themselves that they did not take advantage of rates when they are their current historic lows. Why? Because low rates mean lower mortgage payments meaning you can either afford a home that is worth more OR you can shell out less money allowing you to save more.

As this article states, 2012 looks to be a bright year when it comes to housing.
http://www.housingwire.com/2011/12/05/barclays-analyst-sees-housing-rebound-coming-in-2012?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29

Gloom, Doom and Reality

2011-11-30T09:36:00.002-06:00

Last night while watching the local news they gave another gloom and doom report on real estate. The main problem I had with it is that the statistics were national and they were showing a home obviously in Arizona. Houston's market and Arizona's do not compare at all. Always remember that Real Estate is local.

In recent months the Houston market has actually shown signs of improvement. There are buyers, but they are taking there time since there is so much inventory. Other buyers, like my recent out-of-state clients, searched; found a home they liked; and moved in all within 6 weeks of our first contact.

If you want local statistics ask a Realtor - like me!

How are you doing?

2011-11-23T14:43:00.001-06:00

November- 2011 Newsletter

How are you doing? If you’re like most people the response is an obligatory “fine”. Recently I watched a video of speaker Louie Giglio who said the more proper response to the question “how are you?” would be “I’m blessed.” As I reflect back on the past few months I lost my dad to a long battle with cancer in September, I recovered from a virus that had me almost two weeks in bed, and all paled in comparison to welcoming my first grandson on November 14^th. As I write this right now I am helping care for my daughter and grandson, my son is back from college for Thanksgiving, all our kids are in town – yes I am blessed.

Amazingly in the midst of being ill I was able to help a new family to Texas buy their first home and be in it by Thanksgiving. It reminded me of another blessing in my life – my clients and the folks I do business with. I always say great people know great people. Since most of my business is from referrals, I am thankful for all the wonderful clients and people I am privileged to work with and assist in probably one of the most personal and emotional experiences they will have. I hope if you know someone who needs to sell, purchase or lease a home that you will give them my name. You know from experience, I will take care of them and do my best for them.

I am not sure what this past year brought you, but as you prepare for Thanksgiving I hope you will take time to reflect and realize how blessed you are.

Happy Thanksgiving!

(you knew I HAD to put a photo of my grandson!)

KarenSherrill-homes.com

Thinking of taxes NOW?

2011-11-20T21:01:00.003-06:00

Thinking of taxes now? I know it doesn't sound right, but now is the time to think and/or buy items that might help you on your taxes. Specifically, energy tax credits that will expire at the end of the year. According to Kiplinger.com :

"Upgrade Your Home
This is your last chance to claim a tax credit for making energy-efficient improvements to your principal residence. The home-energy tax credit expires at the end of this year.
It is worth 10% of the cost of new windows, doors, skylights, insulation, and heating and air conditioning systems, up to a maximum $500 credit (but no more than $200 can be allocated to new windows).

You must install the upgrades by December 31 in order to claim the credit, but you can't claim it for 2011 if you already took advantage of $500 or more of energy tax credits in previous years.
An even bigger credit is available to homeowners who install renewable-energy equipment, such as geothermal heat pumps, solar panels and small wind turbines, in their primary residence or vacation home by the end of the year. You can claim a credit for 30% of the cost, including installation, with no limit. This credit is good through 2016."

For a detailed look at all energy tax credits visit http://www.energysavers.gov/financial/70010.html

Temperatures aren't the only thing dropping

2011-09-30T16:36:00.000-05:00

SEPTEMBER - 2011 Housing Trends eNewsletter is Now Available

If you blink you’ll almost miss it….a slight cooling in the air, even an amazing thunder storm that had the Sherrill household opening the door and standing outside (under an overhang) to enjoy the spectacle of rain! Yes, fall has arrived. The temperature isn’t the only thing falling – interest rates continue to drop as evidenced by this article http://www.msnbc.msn.com/id/38770102/ns/business-real_estate/

“The average on a 30-year fixed mortgage fell to 4.01 percent this week, Freddie Mac said Thursday. That's the lowest rate since the mortgage buyer began keeping records in 1971. The last time long-term rates were lower was in 1951, when most long-term home loans lasted just 20 or 25 years.

The average on a 15-year fixed mortgage, a popular refinancing option, ticked down to 3.28 percent. Economists say that's the lowest rate ever for the loan. “

What does this mean to you. Well if you are currently own a home, now might be a great time to refinance maybe to a 15 year loan. If you are looking for a home – why wait? With rates this low, you can afford more home for less. Homes are beginning to sell, but there is a lot of inventory and many homes to choose from….once again a great time to buy.

Of course if you are trying to sell your home, you may be asking “where are the buyers?”. Good question. They are taking their time, looking for a “deal” that requires little to no work AND they are shopping neighborhood to neighborhood. There is still a bit of a gloomy mood in Clear Lake homebuyers. Today was the last day of work for many NASA contractors, which of course are many of our friends and family which adds to the sense of discouragement. Then all you have to do is turn on the TV and you will be blasted with how bad the Real Estate market is from “experts”. But as I was driving around today I was reminded of a few things – just a stone’s throw down the road are growing industries that are bringing in jobs. Houston is not Detroit, we are not a one industry town. Also, remember when the “experts” predicted gas prices to hit $5 or more? Funny, I just filled my tank and it was $3.13 (less with my Kroger points). I guess maybe sometimes “experts” can be wrong. Maybe things aren’t as bad as we are told.

So with that – enjoy the cooling weather. Go outside and enjoy it. If you or someone you know wants to buy a home, give me a call I’d love to show you around!

Water Conservation in Houston and for everyone

2011-08-16T09:44:00.002-05:00

There it is on the front page of today's Chronicle "water limits mandatory". While some outlying counties have already begun water limits, this makes it official for the city of Houston http://www.houstontx.gov/mayor/press/20110815.html

Having grown up in Southern California, where a quarter inch of rain was considered a downpour and news crews would be dispersed, I am quite frankly surprised it has taken this long. Check the website link above to find out which days and when you can "legally" water your lawns.

Water conservation is not a bad thing. After going through years of drought in California, I find that our family practices conservation as a way of life now. It just makes sense. Here are some things you can do....

* fix leaks (within 72 hours per guidelines)
* turn off the water while you are brushing your teeth
* waiting for the water to get hot in the shower? Put a bucket nearby and use the "cool" water (it really isn't cold this time of year) and use to water plants
* do full loads of laundry and when using the dishwasher
* use a soaker hose - much less will be evaporated (remember to water your foundation too!)
* exchange old toilets for ones that conserve on water
* think before you dump any water - fresh water for the dog? give a thirsty plant a drink

If you have any other ideas - please share them!

Clear Lake High makes Newsweek's Best High Schools

2011-08-11T20:33:00.001-05:00

I might be a bit prejudiced since 3 of my kids graduated from Clear Lake High School. We knew it was a great school. But now Newsweek in their annual "Best High Schools in America" ranked Clear Lake no. 267 http://www.thedailybeast.com/newsweek/features/2011/americas-best-high-schools.html

So let's say all your kids are grown and gone, or you have no children - why should you care? It is a well known Real Estate fact that school districts and schools affect housing prices and desirability of the neighborhood. Parents want their kids to attend good schools. Schools that are nationally recognized are even more desireable.

The advantage of Clear Lake High School is that whatever your budget you can find a home that feeds to Clear Lake - from starter homes to mansions all students can attend this school. Of course I have to say you really can't go wrong with any Clear Creek school - but Clear Lake will have just a little bit more bragging rights with this article.

ACT NOW!

2011-07-29T01:25:00.000-05:00

814 Buoy - a beautiful 3 bedroom 2 bath updated home has drastically reduced it's list price from an original $139,000 to $131,500!!! Why act now? This is a beautiful home at an amazing price. With murmurs of mortgage rates possibly rising, now may be the best time to buy. Call me today for a private showing. Visit www.814buoy.com for photos, information and a virtual tour.

Amazing Value in Clear Lake come to Open House to see!

2011-07-14T16:34:00.000-05:00

Recent price reduction brings this beautiful home to the price of $136,900. See for yourself why this is an amazing value at our

Open House -

Sunday, July 17th from 2 p.m. to 4 p.m.

814 Buoy, Houston 77062

It is move in ready - for your family or a hassle free investment property. All improvements done for you already

Want even more information? Visit www.814buoy.com

Move right into this Clear Lake beauty!

2011-06-27T09:13:00.000-05:00

Nestled in the heart of Clear Lake, this home is convenient to everything. Minutes from the freeway, mall or neighborhood conveniences it is still tucked into a nice quiet neighborhood. The 3 bedroom 2 bath home also feeds to CCISD schools - walking distance to Whitcomb Elementary and zoned for desirable Clear Lake High School.

But wait there's more! This home is move-in ready, gorgeous on the inside with updated kitchen and bath- including stainless appliances, quartz and granit countertops. All your big expenses of roof, A/C and water heater have been recently replaced. There is a pride of ownership evident in this home of only three owners! The back yard features a large patio and space for a pool, playground or just enjoy the space of this tree-lined green space.

Why rent when you could buy?

Want to see more? Visit www.814Buoy.com for more details and LOTS of photos!

Bathroom redos

2011-06-23T10:55:00.000-05:00

There are few things most potential buyers look for in a home:

* a home that is clean and uncluttered
* a nice updated kitchen
* updated bathrooms

In that regard I was sent this link from This Old House Magazine with photos of bathroom remodels before and after shots. I don't know why I enjoy before and after shots, but I do and if you do too enjoy......and maybe be inspired!

http://www.thisoldhouse.com/toh/photos/0,,20499927,00.html?xid=kbnewsletter-110623-2011-baths

How's the Houston Market Fairing? Read the latest....

2011-06-21T12:36:00.002-05:00

The latest news release is out with figures for the Houston market. These are important notices to read since Real Estate is "local" and we often glean our information from a national resource....

"Getting an accurate read on the Houston real estate market remains challenging because the 2010 tax credit prompted a surge in home sales during the first half of last year that otherwise would have occurred throughout the summer," said Carlos P. Bujosa, HAR chairman and VP at Transwestern.

The average price of a single-family home jumped 6.5 percent from May 2010 to $220,210. The May single-family home median price—the figure at which half of the homes sold for more and half sold for less—climbed 3.2 percent year-over-year to $157,900. Both the average and median price reached the highest levels for a May in Houston as well as for 2011.

Volume continued to soar among rental properties, confirming reports that while many new residents may be moving to the greater Houston area, they are as yet unable or unwilling to buy a home possibly due to more stringent mortgage lending requirements, an inability to sell the homes they've left behind, or a combination of these or other factors."

Read complete press release at http://www.har.com/mls/dispPressRelease.cfm?MONTH=06&YEAR=11

Want to see how your neighborhood is fairing? Email me at karen@karensherrill-homes or call me at 713.817.5710, I'd love to give you a detailed report.

Rent Vs. Buy - Don't just take my word for it

2011-06-16T08:00:00.000-05:00

I wrote the other day about the benefits of owning a home versus renting. I am not alone in the thought that now is the perfect time to buy. Here is an article form National Association of Realtors - and they have cool charts!

June 8, 2011 by Lawrence Yun, Chief Economist & Senior Vice President, Research
The cliché says that there has never been a better time to buy. The hard data in the housing affordability index confirms that. The affordability index, which takes into account median income, median home price, and mortgage rates, has been bouncing around in the 180 to 200 range since the beginning of this year – the highest reading since the index was first used in 1971.

Yet, you still encounter consumers hesitant about taking advantage of possibly the greatest home buying opportunity of a lifetime. Should they buy now or not?
Let’s consider the situation in which a family earns $60,000, which is about the national average. They are renting at $1000 per month. They are considering buying a home that requires them to take out a mortgage of $170,000, which would be fairly close to the current national median home price.
At the current rate of 4.8 percent on a 30-year fixed rate mortgage, the monthly mortgage payment would be …(drum roll) … $891 per month. That’s not all. A measurable portion of the monthly mortgage payment is actually goes towards principal reduction on the loan balance. For example, in the first year about $215 of the mortgage is for the principal payment, which in essence is a forced-disciplined savings imposed on the home buyer. The remainder $676 ($891 minus $215) is the pure interest payment to the bank. So the $676 monthly mortgage interest payment looks a lot sweeter than the $1000 in rent that was being shoveled out the door. With each passing year, the principal portion gets larger while the interest portion declines because of a steadily falling loan balance.
That’s still not all. A fixed rate mortgage means the monthly payment is fixed and will not rise for the term of the mortgage. In this example, a person theoretically could be paying $891 in mortgage in the year 2041. What would be the cost of living at that time? Food price? Gasoline price? Also rent?
If rent was to rise by 3 percent a year, starting with the base $1000, the monthly rent will be $1344 in 10 years, $1806 in 20 years, and $2427 in 30 years. If rent was to rise by 5 percent, then it goes to $1628 in 10 years, $2526 in 20 years, and $4321 in 30 years. If monetary policy were to get of control, with too much money printing and inflation rose by 10 percent per year, then the rent becomes $2593 in 10 years, $6727 in 20 years, and $17,444 per month in 30 years. Many economists are expecting 3% to 5% annual rent growth over the next two years based on recent falling trends in apartment vacancy rates.

When rents rise, there is also a tendency for home prices to rise. Fundamentally, rent and home price would rise roughly in lock step – provided that home values do not contain bubbles and are back in line with their historical relationship to rents. The chart below shows the rent (based on rental rent component of the consumer price index) and NAR median home price trend with the index set at 100 in 1980. Well, today, home price and rent ratio are pretty much back to historically justifiable levels. So it is reasonable to presume that any rent increase will also at some point lead to equal gains in home values.

If home values were to rise 5 percent (under rent growth assumption of the same) then the home value would rise to $178,500, translating into a gain of $8,500 in housing equity in the first year. Subsequent cumulative gains over several years would be sizable, if the yearly 5 percent increases could be sustained. Nationally the annual average home price increases have been at around 4 to 6 percent each year. Even if by some strange event home value was not to increase one cent over the next 30 years, the home would be owned free-and-clear by the 30^th year. (Or much sooner if the family makes additional principal payments)
One always has to mindful that all real estate is local. One cannot simply pick up a home from Detroit and plop it down in San Francisco to get a fast price appreciation. Therefore local conditions, figures, rent growth projections, and analysis will significantly vary.
Moreover, homeownership cost entails not only mortgage, but the additional costs in terms of property taxes, insurance, and money needed for maintenance and remodeling, though there are cost savings such as the mortgage interest deduction and property tax deduction for tax purposes that were not considered.
What is most important from my perspective is whether the family likes the home they are about to purchase and whether the family is willing to stay well within their budget. If these two criteria are met, then now may indeed be a good time to consider buying.

Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

Baby it's Dry Outside

2011-06-15T16:12:00.000-05:00

I don't have to tell you it's hot and dry outside. As I drive around the Houston area, it reminds me of when I lived in California during their drought years. Lots of brown and brittle lawns. Of course on the West Coast the ground doesn't crack and shrink like it does here.

Remember to protect your foundation with a soaker house around your home. This simple precaution can save you thousands down the road and avoid a cracked foundation. Here is what one article suggests to water your foundation:

"Dry soil problems can be slowed by using a soaker hose to provide a consistent, but not flooding, water source to the soil immediately surrounding the home’s foundation, said Michael Goldschmidt. For best results, place the soaker hose around the perimeter of the house 8 to 18 inches outside the foundation.

“Shifting ground can crack foundations, especially during drought conditions. This damage often shows up as cracks or separations around doors and windows or brick veneer,” Goldschmidt said.

Before using a soaking hose, inspect the exterior side of the foundation for existing cracks. The cracks should be cleaned and filled with foundation waterproofing, which is available in most hardware stores or lumber yards, he said."

Follow this link for water conservation ideas you can implement in your home. Not only do they help you save water, it is a great example for your family of not wasting our resources. You might find they become a natural habit. To this day I practice many of these hints. http://prep4agthreats.org/Assets/Factsheets/Drought-and-Your-Home.pdf

Record low rates gone soon?

2011-05-31T19:08:00.000-05:00

The front page of the Chronicle today reads "Mortgage experts: Record low rates could soon be gone" I so wanted to place a link to the article right here - but obviously what is in the paper is not necessary online. So I shall paraphrase....

"Mortgage rates are at historic lows, but that might not be the case much longer. Those holding out ofr a bargain or wating to jump into the housing arket for other reasons could be in for a rude awakening.....Mortgage rates aren't expected to spike tomorrow. But as the ecomony improves and if inflation begins to affect more segments of the economy, rates should start to tick up. How much is anyone's guess."

What difference does an interest rate to you as a buyer? As the article stated lets say you want a monthly mortgage payment of $1043. If interest rates are at 4.75% this means you would have a loan amount of $200,000. If interest rates are 7% the loan amount would be decreased to $157,000. So in essence it will decrease your purchasing power and buyers may need to lower their price point and expectations as the rates rise.

So what is the take away? If you are truly just waiting for things to drop lower, now may be the time to pick up the phone and call me to show you a home!713.817.5710

Is HGTV to Blame?

2011-05-02T11:45:00.000-05:00

In a recent article the headline reads "Home Buyers Shun 'Fixer-Uppers'". You can click and read the article, but it goes on to say how many home buyers want move-in ready as a top priority. This has been my experience in taking home buyers to listings. They throw out words and phrases like "dated" "needing upgrades" "lacking newer finishes". Which leads me to the question, is HGTV to blame?

Before we moved to our current home we had basic cable. Just the local channels and PBS. When we went on our home search we had the eyes of a then average homebuyer - looking for something that would meet the needs of our growing family, had a nice layout, "potential", nice neighborhood and good schools. The fact that it had original flooring, faucets and appliances were factors, but we said "we can replace them over time". Our home still does not have granite countertops, wood floors or custom tiles. I still hate my white kitchen floor and bright blue tile backsplash insets, and yet it meets the needs of our family and we still love it!

Enter the new age of HGTV savvy buyers. They wrinkle their nose at laminate flooring, beautiful counters that are in great shape but aren't "granite". They want their new home to look new even if it is 10, 20, 30 or more years old. Even worse they take the factors of their personal preference of upgrades, and subjective pricing and decide that is how much less they need to offer from the asking price. Afterall, most homes on House Hunters look professionally staged when people move in and they are all smiles. That is the dream of home buyers.

The home sellers in the age of HGTV expect that they can squeeze out most home improvements into $$$$. I cringe each time I see a show that says "well with these improvements your home is now valued at $$$$" The homeowners hug and maybe cry a little. The problem is that even if it is "valued" at $$$$ a home buyer may only offer $$. Value does not equate sales and cash in your pocket necessarily. If you make improvements in your home and update will it sell quickly?, probably, will you recoup all your investment? - probably not. In this day and age home buyers want and expect move-in ready and updated. If you offer what they expect, they are not going to assign greater value to it - they just won't subtract as much from your list price.

In this day and age it is not simply saying I bought my house for _________and we put in _______ and we have closing costs to cover and we want a profit so our asking price should be __________. While that sounds nice, it is not reality (even if your Uncle Fred tells you that is the way to do it). This is why it is so important to sit down with a good Realtor who will tell you the truth and not just want you want to hear, and help you set a realistic price on your home based on what sells in your neighborhood.

Is HGTV to blame? Maybe, but then again whoever said you should believe everything you see on TV. If you need a Realtor, please give me a call 713.817.5710

What Realtors Do

2011-04-28T14:48:00.001-05:00

Sometimes I feel like I am in the most misunderstood industry. I have to admit that before I became a Realtor, I probably didn't understand what a Realtor really "did" to earn their commission either. I think many see the images on TV (HGTV to be specific) and think "hey, that's a pretty easy gig". An article written by fellow Realtor Kris Berg http://lowes.inman.com/newsletter/2011/04/28/news/142064 magnified a point I have known for a long time. A good Realtor works really hard!

Often the public thinks a Realtor simply puts a sign in the yard, a home on the internet and waits for buyers to spot it, fall in love and make an offer. In fact, some think it is so easy, they decide to do it themselves OR pay a firm to list it on the MLS. The folly in this is
A. if you just stick a sign in the yard, the person across town or across the country will not know your home is for sale even if it is perfect for them and
B. you could be like a recent For Sale By Owner I came across. The sign stated it was on the MLS, but I knew all the homes in that neighborhood and had never seen it. After specifically putting in the address there it was - with the wrong information for its location, city and any other factors someone desiring that neighborhood might use to look. Once again, you get what you pay for.

For buyers, I remember seeing a House Hunters on HGTV where the young couple chirpily states "we've seen over 100 homes, we're not going to settle no matter how long it takes". In the background their diligent Realtor, in amazingly good spirits, who will not be reimbursed for his time, gas and expenses until they close on their dream home. I know I have been showing homes to a family for a year, and I don't want them to settler either. I want them to find the house that says "this is home!"

I'm not sure the point I am trying to make except to say I work hard in Real Estate (as do most of my fellow Realtors). I read, and read, and read articles and legislation that affects Real Estate. I study market trends in neighborhoods, I continue my education to be the best and informed I can be. I try to stay current on technology and marketing trends. I work tirelessly for my buyers and sellers - usually on weekends and evenings to accommodate their schedules. I fill the gap when they can't be present. I communicate, communicate, communicate so nothing is missed and everyone is informed.

Yes I work hard. Why? As a recent string of conversations of Realtors on Linkedin state - it's because we love serving people and find great satisfaction in helping our clients achieve their goals whether it's a home sale, investment property, or the perfect home. Seeing the smile on someone's face when they realize "yes, this is it!" is amazingly gratifying and it's what I do.

The Reviews are In!

2011-04-19T12:19:00.000-05:00

If you missed our Homebuyer Workshop, you missed out on a variety of useful information to help you in your homebuying journey. Here is what one attendee wrote to my broker:

"I would like you to know, I received an e-mail today from Karen Sherrill regarding the homebuyers workshop I attended on Saturday. I found the workshop to be very well put together, informative, and full of useful tips. I also, would like to say how refreshing it was to receive a follow up e-mail thanking me for attending and letting me know to contact her if there is anything else she could do to help. I hope your company will do more of these workshops as I would enjoy to learn all I can on buying a home before I make such a large investment."

All those who attended rated it a "10" and said it was well worth their time. Each walked away with information about loan programs as well as tips to improve your credit score. If you couldn't make the workshop don't be discouraged. I still have all the information shared available and will be sharing it periodically on this blog.

If you would like to receive the Homebuyers Toolkit Brochure we handed out, just email me with your name and address and I will put one in the mail to you FREE! mailto:karen@karensherrill-homes.com

Be watching for more informative meetings in the future!

Homebuyers Workshop TOMORROW!!!!!

2011-04-15T16:55:00.000-05:00

APRIL 16TH - 10 A.M. it's FREE. I hope you'll come and bring a friend. Visit http://www.clearlaketxhomebuyers.com/ for more information.

Only 11 Days

2011-04-04T10:46:00.002-05:00

It's only 11 days to the FREE Homebuyers Workshop! I hope you will help me spread the word. If you're a homeowner you already know the benefits of owning a home - why not share with a friend who is renting OR a child or family member who may just be starting out on their own. No need to buy right away. This will give practical steps to set up a plan for future homeownership.

Saturday - April 16th

10 a.m. to 1 p.m.

Gateway Community Church

760 Clear Lake City Blvd, Houston 77598

*Door Prizes
*Food Provided by Chick-fil-A and Kookie Kreations

contact:mailto:karen@karensherrill-homes.com

This homebuyer workshop, which is part of the Texas Association of Realtors Housing Initiatives Program, will present you with the information to help prepare you to comfortably purchase and keep your home for years to come.

Other participants are: Simien Properties, Hometrust Mortgage, Wells Fargo, AAA Texas, Farmers Insurance, and National Credit Foundation

Text ATTEND to 7138175710 if you plan to come

How Hard is it to Return a Call?

2011-03-22T13:15:00.000-05:00

This could also be titled "Questions I Should Ask Prospective Realtors". When interviewing Realtors (and YES you should interview them) one question you should ask is "how timely will you return my calls/texts/emails?" The next question should be (especially if you are selling or leasing a home) "How timely will your return calls/texts/emails of inquiring Realtors?"

As I am helping a few clients find homes to rent I have left emails, and voicemail for three different Realtors on three different properties. Want to guess how many responses I have received? ZERO! I wonder what their client would say to find out that an interested party was communicating through another Realtor and their agent didn't even bother to call back?

As a Realtor, I know I pride myself on exceptional communication. Why? Because I like to treat everyone the way I want to be treated - whether it is my client, another Realtor, a lender, inspector or whoever - I will respond quickly. It's the right way to treat people. I am happy to say that I have met other Realtors who do the same; and perhaps these three Realtors had issues with their voicemails and emails.

So that is my pet peave for the moment - but for you the consumer I want you to ask questions, because you deserve to have a Realtor who returns calls to everyone!

March Madness and Enewsletter

2011-03-21T14:38:00.000-05:00

CLICK FOR YOUR ENEWSLETTER HERE http://karensherrill.housingtrendsenewsletter.com/

Welcome to March Madness. In our household the only “madness” is three out of four Sherrill children have their birthday’s in March. This month I must admit to a bit of the traditional “March Madness” as the San Diego Aztecs (my husband’s and daughter’s are alums) are actually in the hunt – who would have ever thought that would happen? Who would have thought I would be watching a basketball game? So, dare I say it, go Aztecs!

Being a Realtor, many conversations start with people asking me “how’s the market?” or “how’s business?” Those questions are actually more complicated than they appear. Simply stated the market is SLOW and business (for now) reflects that. Being slow in Real Estate is an oxymoron. I am still very busy building my business, contacting clients, staying current on housing trends and legislation that affects real estate; I continue to gain education and resources to better serve my clients…..I just don’t get paid. HOWEVER, we are just now moving into Spring and often they way we feel isn’t always reality. An example would be the most recent statistics from HAR stating that housing is down in the month of February. This is true, however last year at this time the market was flooded with anxious buyers wanting to take advantage of the generous homebuyer credits that expired the end of March (if memory serves me correctly). The truest comparison to see if the market has recovered really won’t be told until summer’s comparisons. As I have been monitoring housing in the Clear Lake area I have seen a couple of notable trends

· There are a lot of homes available in the market but the market is not oversaturated with homes like elsewhere in the country
· Homes that are priced well and are move-in ready sell quick
· Home prices have NOT taken a huge nosedive but are holding steady
· There are still some home sellers that believe they can get every dime of improvement out of their home and have unrealistically priced them this way (which is why they aren’t selling)

So if low interest rates and inventory make it a buyer’s market what can I do? I am hosting a community-wide

Homebuyers Workshop on Saturday, April 16th

from 10 a.m. to 1 p.m. at Gateway Community Church.

This workshop is FREE as it was provided by a grant from Texas Association of Realtors Workforce Housing Initiative. My funding pays for facilities and food (yes FREE food from Chick-fil-A!) but does not include marketing. I am trying to spread the word to my clients AND hope you will help spread the word to others. I have partnered with Wells Fargo, Hometrust Mortgage, AAA Texas, Farmers Insurance, Credit Security Group and Nation Credit Federation to offer a workshop that will help current homebuyers, prospective homebuyers (to buy now or a few years from now), or “there is no way I can ever be a” homebuyers. It will provide information and resources and allow attenders to ask questions to help them on the road to home ownership. I have attached a flyer to help spread the word – print it out and send to friends. So if you, or someone you know is renting – this is the place to be!

For more information visit my dedicated website or text "ATTENDING" to me at 7138175710

It's Not a Pot of Gold - but it's Free!

2011-03-17T12:37:00.000-05:00

Are you currently renting? Did you know that a Realtor can help you find that next place to rent? Did you also know that it costs you nothing? That's right FREE!

I love helping people find homes to buy, but I also find great satisfaction in helping you find that great place to rent. Much of my married life was spent as a tenant and I understand the importance of finding the right place. Often renting a condo or a home will be less than rentig a similar sized apartment. Give me a call at 713.817.5710 or email me at Karen@KarenSherrill-homes.com to help you get started on your search.

Would you like to be a homeowner, but don't know if that dream will ever be possible? I am hosting a Homebuyers Workshop on April 16th from 10 a.m. to 1 p.m. at Gateway Community Church. This event is FREE as well. We'll have representatives from mortgage companies, credit counselors, insurance agencies there to answer your questions. Lots of resources - door prizes - and lunch provided by Chick-Fil-A. Interested? Let me know you can come by clicking "attend" on the Facebook event page so we will have enough resources and food!

February Housing Report

2011-03-15T12:35:00.000-05:00

February is a memory now and while housing fell off a bit from January, there is still good news. Read this excerpt from today's HAR's press release

HOUSTON — (March 15, 2011) — February marked a slight slowdown in the Houston real estate market following a galloping start to the new year in January when home sales rose for the first time in seven months. Despite last month's decline in sales volume, average and median home prices rose to the highest levels ever recorded for a February in Houston.

February sales of single-family homes dipped 2.2 percent versus one year earlier. The popular middle segments of the Houston housing market, consisting of homes priced between $80,000 and $250,000, experienced declining sales while the low and high ends saw increases—the most dramatic among the $500,000-plus luxury segment.

For the second straight month, luxury home sales helped boost the average price of a single-family home, which climbed 6.6 percent from February 2010 to $214,039. The February single-family home median price—the figure at which half of the homes sold for more and half sold for less—rose 3.9 percent year-over-year to $151,900.

Foreclosure property sales reported in the Multiple Listing Service (MLS) declined 16.5 percent in February compared to one year earlier. Foreclosures comprised 21.5 percent of all property sales in February, down from the 24.7 percent share they claimed in January. The median price of February foreclosures fell 8.1 percent to $79,000 on a year-over-year basis.

February sales of all property types in Houston totaled 3,906, down 0.4 percent compared to February 2010. Total dollar volume for properties sold during the month rose 4.7 percent to $790 million versus $755 million one year earlier.

"The February housing report is encouraging if you recall that a year ago the federal government was rolling out the first-time home buyer tax credit, and consider the fact that home buyers today face more stringent lending guidelines than ever before," said Carlos P. Bujosa, HAR chairman and VP at Transwestern. "While we anticipate growth in the Houston real estate market this year, we do not expect it to come all at once," Bujosa said. "Factors that give us cause for at least cautious optimism in the months ahead are that local employment figures have been strong and that we are about to enter the spring home buying season."

for remainder of the article click here

It's time to clean!

2011-03-09T10:04:00.000-06:00

The Spring cleaning bug has hit and I attacked my closet before it attacked me this last weekend. I even started to go through boxes, I usually just move around during my cleaning sprees. As I went through one box I found a floppy disk.....obviously it has been many Springs since this box had been gone through. The plus side is all the "important" items I had been saving have now been recycled. Read on for more tips

Cleaning House: Secrets of a Truly Deep Clean
Deep clean your house and you’ll brighten rooms and help maintain your home’s value. Read

Visit houselogic.com for more articles like this.

2011 Energy Tax Credits

2011-03-08T08:06:00.001-06:00

Keeping with my "tax" theme, here is an article addressing changes for 2011 energy tax credits. While not as generous, it is an added incentive to green up your home and make it energy efficient. While we did not receive all the tax credits we "assumed" we would get for our improvements, we would do it all over again as the comfort level in our house has improved and our energy bill has gone down. Can't complain about that!

2011 Energy Tax Credits: What You Need to Know to Collect
Washington is giving you less green for going green, as the feds reel back the 2011 energy tax credits from a lavish $1,500 to a paltry $500. Read

Visit houselogic.com for more articles like this.

Energy Tax Credit Form - need help?

2011-03-04T09:42:00.000-06:00

As I just received our tax packet back from our accountant, I wondered "how in the world can anyone complete this on their own? Of course if you can complete the EZ form that is simpler, but what if you did your part and installed an energy efficient item in 2010? This article will help explain the tax credit - maybe you can even do it on your own!

Get Your 2010 Energy Tax Credits: Filing Tips for Form 5695
Sidestep snares in the complex IRS Form 5695 to get all the 2010 energy tax credits you’ve got coming. Read

Visit houselogic.com for more articles like this.

6 Home Deduction Traps

2011-03-03T13:34:00.000-06:00

Are you guessing when it comes to deductions related to your house? Don't! These tips will help you navigate and avoid some potential traps.

Schedule A Form: 6 Home Deduction Traps
Get an “A” on your Schedule A Form: Dodge these tax deduction pitfalls to save time, money, and an IRS investigation. Read

Visit houselogic.com for more articles like this.

Homeowner Tax Tips continued

2011-03-02T10:54:00.000-06:00

If you are shocked how soon March got here, April 15th will be here before you know it! Here is another in the series of articles to help homeowners as they prepare their taxes.

Tax Tips for Homeowners Looking Ahead to 2010 Returns
From energy tax credits to vacation home deductions, check out these tax tips for homeowners looking ahead to 2010 returns. Read

Visit houselogic.com for more articles like this.

10 Common Errors Home Owners Make When Filing Taxes

2011-03-01T14:18:00.001-06:00

Just as the worries of frost leave, a new season is nearing - Tax Season! I will try to provide some articles to help you with your taxes as they relate to your home

10 Common Errors Home Owners Make When Filing Taxes
Don’t rouse the IRS or pay more taxes than necessary—know the score on each home tax deduction and credit. Read

Visit houselogic.com for more articles like this.

Trail Riders - Another reason to love Houston

2011-02-23T11:26:00.000-06:00

Last night as I watched the news I saw that the trail riders for the Houston Rodeo were staying at Johnson Space Center. This morning I was DETERMINED to find them to get a photo to send to all my non-Texan friends. While I have lived in Houston a while, I had never seen the trail riders and have had them on a rather weird bucket-list of things to see.

After a few failed attempts, I decided to actually go to the internet and look at a map under the media guide provided by the rodeo . I positioned myself at Bay Area Park and not only did I see them, they came into the park right behind my mini-van. There we were - me and a maintenance worker - welcoming them for their stop.

While this may seem strange, it is one of the unique things I like about Houston. It is a HUGE city, but cowboys and wagons go through the streets once a year. How cool is that!

Happy Valentine's and February enewesletter

2011-02-14T12:22:00.000-06:00

Click here for the enewsletter http://karensherrill.housingtrendsenewsletter.com/

Ah Valentine’s Day a wonderful day to tell people how important they are to you. And what says I love you more than a Real Estate update and a newsletter? I wish I could send you all chocolate, but I hope a picture will at least express my intent!

In the Sherrill home, I just finished setting the table for our annual family Valentine’s Celebration. It was a tradition originally brought on by four kids and too little money to go out and celebrate. We set out the china, have tablecloth and candles and dine on BBQ steak, salads and dipped strawberries. At its origins we all dressed up – but then the teenage years hit and we were happy to just have them at the table in a good mood. This year I inquired of our son if he would be home. His response was “of course, it’s Valentine’s Day”. I’m not sure what that has to do with Real Estate except I have images of our table set throughout the years in two homes across two states; in two VERY different parts of the country. Home is where your family is.

Along with Valentine’s Day brings the news of warmer weather (hooray!) and interest rates creeping up to the 5% mark. While a recent title for an article in the Chronicle made the rise in interest rates sound like the oncoming apocalypse, it is important to keep perspective. Way back in the days when I worked for a loan department at a Bank interest rates were 18%, and homes were still selling. I remember coming across some “archaic” mortgages with unheard of rates at 5%. Indicators I have read state that rates will probably not topple into 6% by year’s end. To me the rise in interest rates may be a good thing. I think some buyers have been waiting for rates to go lower or housing prices in Houston to plummet. In fact we now know they probably went as low as they were going to go, and housing prices have remained steady.

I also want to remind you that if you are considering selling or buying this Spring (or know someone who is) NOW is the time to talk with me. Whether it is getting your home ready for sale, or your finances ready to purchase, there is no reason to wait. Give me a call and I’d love to discuss it with you.

In the meantime, tell someone you love them!

New Buyers Want More

2011-02-10T10:40:00.000-06:00

Today's home buyers are more savvy than ever. They research on the Internet, they do their homework, they know what they want and research is showing they want a home that is move-in ready. Read more in this article.

REALTOR® Magazine-Daily News-Forget the 'Starter Home,' New Buyers Want More

Buyers Tip #4 - Getting to closing

2011-02-09T10:32:00.001-06:00

In the past you would simply look for a home, find it, make an offer, receive financing and, except for any surprises in the home inspection, you were good to go. Today's buyers need to be aware of a variety of items to help you close. As a Realtor I tell my buyers and sellers that much of my work happens AFTER the contract has been negotiated. I work very hard to make sure your home will close on time. See what you can do (or avoid) in this article with some additional tips to help you.

Keep Your Home Purchase on Track
You’ve found your dream home. Make sure missteps don’t prevent a successful closing. Read

Visit houselogic.com for more articles like this.

Houston #2 in markets predicted to rise in 2011

2011-02-03T08:42:00.000-06:00

Now here is some information that will warm you up, a recent Forbes article lists Houston as #2 in markets that will have price increases in housing. This of course is welcome news if you are sellling your home in 2011 and should be a wake up call if you have been waiting on the sidelines to buy. While this is no weather to be out looking at homes, it is a great time to contact me and strategize your home search. Contact me at 713.817.5710

10 Markets On The Rise In 2011 (year over year):

1. Washington, DC: 6.5 percent price increase
2. Houston, TX: 3.6 percent price increase
3. Honolulu, HI: 3.4 percent price increase
4. Memphis, TN: 3.2 percent price increase
5. Columbus, OH: 2.1 percent price increase
6. Dallas, TX: 1.4 percent price increase
7. New York, NY: 1.3 percent price increase
8. Birmingham, AL: 0.9 percent price increase
9. Pittsburgh, PA: 0.8 percent price increase
10. New Orleans, LA: 0.5 percent price increase

From the 70's to the 20s really? Prepare with stuff around the house

2011-02-01T14:23:00.000-06:00

While I realize I don't have much to complain about with our weather - I have friends in Indiana literally ice skating in their cul de sac - it is sort of crazy weather. This morning I went out to prepare my plants for the freeze and in a few minutes it went from pleasant and in the 60's to gusty winds and a drastic temperature drop. It startled both me and the dog (who wanted back in the house fast!) I finished my task wearing a rain jacket

I'm sure you all know about the 3 P's (I never heard of such a thing in San Diego). Protect your pipes, pets and plants. But what if you don't have time to run to the home improvement store to buy items, or what if their shelves are bare?

Here are some improvised items we have used
1. Old pool noodles. No insulation for your pipes? Slice an old pool noodle and secure with duct tape.
2. Rags and towels - can be wrapped around water outlets and draped on other pipes
3. Old sheets (I prefer bottom sheets with the elastic)
4. Large paper fasteners. If you are like me your wonderful work of covering has been constantly been blowing off today. Some well placed outdoor furniture, a few rocks and some large paper fasteners is keeping things covered. I have even used clips you get with helium balloons or chip bag clips. All seem to help, (though I have a hunch that as I am typing this the wind has figure a way to destroy my efforts)

So You Want to Buy a Home - Now What? # 3 in a series

2011-01-31T09:48:00.000-06:00

So you want to buy a home....now what? There are a dizzying array of resources available to home buyers and just as many opinions from well meaning friends. Buying a home is a very personal decision and one of the largest financial decisions you will make. But don't let that scare you! With some pre-planning and assistance from a qualified Realtor, the process might actually be fun! It is also important to remember that just as you are unique so will be your choices in a home and Realtor. A friends recommendation is great, but what if you don't connect? This is why I strongly encourage everyone to interview at least a few Realtors - your choice can be based on recommendations but also someone who fits your style and understands your goals.

Helping home buyers is one of my favorite things to do as a Realtor. If we look at two homes or twenty homes, I want to give you the information you need to make the best choice for your family. Best of all, you don't pay me for my time as that is paid by the sellers. What have you got to lose? Don't go it alone! Call me at 713.817.5710 and visit http://www.karensherrill-homes.com/ and visit my fan page to see what my clients have to say.

To further help you, here are some more tips to help you in your home buying process

8 Tips for Finding Your New Home
A solid game plan can help you narrow your homebuying search to find the best home for you. Read

Visit houselogic.com for more articles like this.

House Buying Tips Continued #2

2011-01-29T14:17:00.000-06:00

How much the homes you would "like" to buy and how much you can afford may be two different numbers. Before you buy a home, it is a good idea to sit down with your budget and see how much you can afford.

If you think you are destined to a life of renting, you might be surprised at some loan programs available to first-time home buyers. I know when my husband and I were married and began having children, we "assummed" for a number of years that buying a home was simply out of the question. We didn't realize there were alternatives to the typical 20% down.

If you have a rough estimate of your budget, this will help you remain realistic when the lender tells you how much you qualify for. In some cases buying a home that maxes out your loan qualification can create a financial hardship. Here are some other tips you might find helpful...

4 Tips to Determine How Much Mortgage You Can Afford
By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget. Read

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Steps to Help you Buy Your Dream Home #1

2011-01-27T12:30:00.002-06:00

Buying a home is an important and potentially overwhelming decision. My next series of blogs will be to help homebuyers with information and tools to assist you. It is important to reiterate that having an Realtor represent you as a buyer, costs you nothing. Need an expert to help guide you? Give me a call, whether you are buying next month or a few months from now. The sooner the conversation begins, the more informed you will be.

7 Steps to Take Before You Buy a Home
By doing your homework before you buy, you’ll feel more content about your new home. Read

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Real Estate Tax - Just because it's a forward doesn't make it true

2011-01-21T10:44:00.000-06:00

I received a forward from a friend the other day with her opening statement of "is this true?" The following attached email was an inflammatory forward, briefly summarizing, how there is going to be a Real Estate Tax on all homes starting in 2012 because of healthcare reform. My friend did the right thing - she asked someone who would know before hitting send and spreading the rumor.

As with all rumors there is a minute essence of truth in it but the overall tone is false. Above I have posted where I go with any email fwd I receive - http://www.snopes.com/ where they give the truth behind it all.

A rule of thumb for me is if you receive a forward which intention is to create fear and blame it is probably false. If it involves something as high stakes as your home, ask and trust and expert - not the forward from your Aunt Jane.

My friend's email of "is it true?" brings about another point. Often people think they can only talk to a Realtor when they are actively selling, buying or renting a home. The truth is, we are experts in our field and would love to talk with you whenever you have a question as it relates to Real Estate, neighborhoods or the community....it's what we do!

Check Your Homeowner's Insurance - Resolution #6

2011-01-18T10:31:00.000-06:00

Usually the time we think about our Home owner's Insurance in any detail is when we are buying a home or when we need to use it. While a lot of effort and research may have gone into your initial policy purchase, it is important to dust it off from time to time to see if you are still getting a good value. I know in the Clear Lake Area some carriers have dropped coverage and "offered" alternatives. It is also easy to get comfortable with the coverage you have and not shop and compare what is out there. Talk with friends, neighbors or Realtors and see what they are using. For instance our family uses AAA Texas and they have proved to be a good value for us - there are other carriers out there that may want your business and offer you a product that is comparable in coverage for possibly less. And isn't saving money a good thing to resolve to? Read more below

Homeowners Insurance: Time for an Annual Check-Up
An annual check-up on your homeowners insurance can result in a healthier policy and a healthier pocketbook. Read

Visit houselogic.com for more articles like this.

Resolution #5 - Recycle starting this weekend!

2011-01-14T08:42:00.000-06:00

If you're like my house, you probably have a few old computers or monitors around your house collecting dust and/or your aggravation. You have a couple of options:

1. Build a nice display and use it as a plant stand or shrine to how technology can go bad OR
2. Recycle!

This Saturday, January 15, 2011 from 10 a.m. to 2 p.m. you can take those old electronics and recycle them at
Clear Brook High School
4607 FM 2351 Road
Friendswood, TX 77546-2823
(281) 284-2100

According to the article in the Bay Area Citizen, "Items being collected are PC Towers, Monitors, Cables from computers and other electronics, cell phones, cell phone batteries, printers, cordless phones, surge protectors as well as laptops. No televisions. Items are considered a donation and a tax receipt will be given out for donations.

ESR (Electronic Scrap Recycling of Houston) is a ISO certified company and has been in business 20 years and safety for our privacy as well as the environment is their number one concern. All hard drives will be shredded on site. To learn more about this company, visit their website at http://www.erinc.com/.

Contact Jill Massie 832.969.3180 with any questions about items that can be recycled"

This is an event that held between ESR and Clear Brook High School Drumline.

Guess Who's #10 in Most Affordable Cities?

2011-01-11T10:05:00.000-06:00

Forbes released it's list of most affordable cities and Houston is #10. At first glance this may seem like a bad thing, but when you consider numbers 1 through 9 are all farther north and digging out from snow it isn't too bad of a ranking. Afterall, you cannot put a price tag on weather where a really cold day is in the 40's and never reaches single digits. Did it take into account the fact that we don't need to buy snow tires, or snow shovels or dress our kids in layers upon layers of clothes to avoid frostbite?

We may have an occasional hurricane and the humidity is horrendous in the summer - but you get plenty of warning for a hurricane and you don't have to shovel humidity!

Read the article here

Improve your Credit Score - Resolution tip #4

2011-01-10T10:45:00.000-06:00

Want to improve your credit score? Here are some hints on how payments related to your home can help.

Improve Credit Score with These Home Finance Tips
How you manage your home ownership finances affects your credit score—and your ability to refinance later. Read

Visit houselogic.com for more articles like this.

Declutter - Resolution tip #3

2011-01-10T10:43:00.000-06:00

If you are preparing to sell the key word often used is "declutter". If you are preparing to buy, you might want to use this word as well. I remember when we moved to Houston I enlisted the help of friends to help with our packing. My initial packing was slow and a sentimental journey - not very efficient. The final days were frantic. When we arrived in Houston and began to unpack I found that our trash had inadvertently been packed by well meaning friends! The moral - always be decluttering.

Now I know the task of organizing and decluttering can be overwhelming - especially if you have children who see to have the exact opposite idea. As anyone will tell you if you have an overwhelming task - break it down to be more manageable. So for 2011 take the first step tackle either a drawer or a corner a day. That's it. That will take 15 minutes or 1/2 hour at most. A couple of tips to keep in mind

1. Keep a trashcan handy
2. Check expiration dates
3. Ask yourself "do I REALLY need this?"
4. Recycle - have a box handy for any cardboard or paper that can be recycled
5. Donate - just because you don't want, don't need it, or already have three doesn't mean it won't be useful for someone else.
6. This "is there a better way to organize this?" For instance I used some shoe box lids and inserted them in drawers to help small items from floating around. A plastic (and thoroughly cleaned) deli tray platter is now a great organizer for scarves.

Repeat

New Years Resolution #2 - Home Inventory

2011-01-07T08:56:00.000-06:00

Right after a disaster is NOT the time to realize you need to have a home inventory. Creating a Home Inventory is not only important for insurance purposes, it will also give you an idea where everything is and its value. We had friends who lost their home to fire, their meticulous records showing exactly what they had and the cost helped them win their fight with their insurance. Don't feel you need to do it all at once, maybe pick a room a week. Financial programs like Quicken have areas where you can easily record these belongings and even scan in photos or receipts for easy backup. Read more in this article

Create a Home Inventory for Insurance
Create a home inventory before disaster strikes to make filing an insurance claim a smoother process. Read

Visit houselogic.com for more articles like this.

New Years Home Resolution #1

2011-01-06T11:28:00.000-06:00

Want to start the New Year off right? I'll be posting some "resolutions" of ideas you can do during January to help get 2011 off to a great start.

A Financial Plan for Your Home
Your home is probably your biggest investment. To manage it, create a financial plan that takes into account repairs, upgrades, mortgages, insurance, and taxes. Read

Visit houselogic.com for more articles like this.

What you should do NOW if you're selling this Spring

2011-01-05T10:50:00.000-06:00

As your look over your to do list of goals for the New Year, "sell home in Spring" may be on your list. There's no rush to do anything now, right? WRONG! Now is the perfect time to begin to prepare your home for sale - even if it's this spring, summer or you're not sure when you might sell. Here are a few tips of what you can do NOW that wil make selling later easier....

1. CONTACT a Realtor to walk through your property (preferably me! karen@karensherrill-homes.com or 713.817.5710) During this visit I will discuss current market trends, but also point out some simple and cost effective ways to make your home more marketable like....

2. DECLUTTER. It's too cold to go outside anyways, so tackle a closet, drawers or a room that has gotten a little out of hand. Toss, giveaway, or begin a stack for a garage sale when it warms up.

3. PACK. If you know you are definitely moving, begin to pack items you won't use. Not only will it make your home show better, it gives you a jump start and you won't feel so rushed when the time comes. Have oversized items? Place them in storage facility so your home will feel more open.

4. PAINT - next to decluttering, this is the least expensive way to improve your home. Pick neutral, decorator colors (not sure? I'd love to help you pick some out). Don't forget to paint doors and door frames that love to collect finger prints. Today most home improvement stores have sample jars so you can give it a test drive before committing to painting the entire room.

5. SIMPLE updates - new knobs on cabinets are a great facelift. If you aren't pressurized to sell now, you have time to check out sales. If you find fixtures that are on clearance and look nice (don't buy something UGLY and cheap) buy it to give a simple update to kitchen or bath

6. LOOK DOWN - how are your carpets looking? Do they need a good shampoo or need to be ripped out? Once again, time is your friend and you can shop for good prices here.

7. LOOK AT YOUR FRONT DOOR. In the recent survey release of cost to value improvements to a home the number 1 return on investment was a new front door! It is the first thing a buyer will see. So go stand at your front door and be realistic at what you see. Does it need refinishing? A new coat of paint and fixtures? Do you need a new door all together?

Once again, even if you’re not sure now is the time to sell I would welcome the opportunity to meet with you and discuss the options.

http://www.karensherrill-homes.com/

Are you ready to DIY this year?

2011-01-04T10:54:00.000-06:00

It's a New Year and made instead of a "resolution" list you are like me and have a "to-do" list of things you would like to accomplish. If on your list is to update your home, you may find this article from This Old House Magazine helpful with a list of do-it-yourself projects to update your home. http://www.thisoldhouse.com/toh/photos/0,,20249506,00.html?xid=hinewsletter-100104-new-year

If you are thinking of selling your home in the near future, and want to make sure you aren't over or under improving your home for your market area, give me a call and I will give you a FREE consultation.

Okay back to my to-do list. Item 1 - write blog about home to-do lists. Done!

Christmas, Rebates, Discounts and more!

2010-12-21T15:29:00.000-06:00

December enewsletter update here http://karensherrill.housingtrendsenewsletter.com

Christmas is just days away and I know Real Estate is probably the furthest thing from your mind. I did want to take the opportunity to wish you a Merry Christmas and to give you some ideas regarding Real Estate and your home for the New Year.

The Texas Appliance Rebate program is back up and running. This might be the perfect opportunity for you to upgrade your appliances to ones that are more energy efficient. My family took advantage of this program last year installing an energy efficient Heating and Air Conditioning unit. Not only has it already saved us money monthly, the comfort level is amazing compared to many sticky years past. Receiving a check in the mail wasn’t bad either! Last year’s program was tedious, frustrating and problematic – this year, I am told, the bugs have been worked out. It is first come first serve so don’t miss out. http://www.texaspowerfulsmart.org/rebate/ for more details

Thinking of selling or know someone who is?
From now until the end of January, I am offering a 1% discount on my sales commission should you (or someone you know and forward this email to) sign a listing contract with me for the sale your home before January 31, 2011. Depending on the price of your home this could equal thousands of dollars. While some agents will discount their commission – they often will also “discount” the service they provide. Any sellers taking advantage of this offer will receive my full attention and marketing plan. Be sure they mention this blog when initiating any conversations with me in order to qualify for the discount.

Interested in buying this year?
I am also pleased to announce that I have completed classes to become a Texas Affordable Housing Specialist. There are some excellent programs available to Texans that continue to make home ownership affordable.

I also want to invite you to hear my husband and I speak this Sunday, December 26th at 10 a.m. for a family service entitled “Not on a Christmas Card” at Gateway Community Church.

Please let me know if there is anything I can help you with or questions I can answer. In the meantime – Merry Christmas!

Making a House a Home This Christmas

2010-12-06T10:04:00.000-06:00

The Christmas season means a lot of things and brings back memories and reflections of the past. One memory our family has is of "Starlight Circle" in Santee, CA where we used to live. It was neighborhood laid out in a circular fashion that went over the top when it came to Christmas decorations - mostly handcrafted in wood. Inspired by our past experience and determined to win this year's Neighborhood competition my son spurred us on to kick it up a notch.

So instead of baking cookies, Christmas shopping for finish decorating the interior of my home, this weekend was spent painting some ice skating penguins and a few carolers. It has been a team project between my son, my husband and myself. It was a welcome change to not be behind a computer or doing the routine chores around the house. As our kids are all preparing to head off to college next year, it was a brief snapshot in time we realized we won't have again. It is the essence of what makes family and what creates a house to feel like a home.

This year I think of the families I have assisted to move into their new homes - some for the first-time, some to a new areas, but all creating memories this Christmas as they decide where to put the tree for the first time or where to hang the lights. That is why I enjoy being a Realtor -helping people turn houses into homes.

If you are looking to buy or rent in the New Year, give me a call today and I can help you find a place to call home. 713.817.5710

A New Way of Looking at Things

2010-11-27T14:02:00.001-06:00

Sometimes you can have the answer to your question staring you straight in the face and you totally miss it. It may require you to look at the facts in a different way to have the answer become obvious and clear.

The day before Thanksgiving I decided to become organized and have all my recipes laid out. I even pre-cut some items and grouped others. I was determined to have a relaxing Thanksgiving day despite cooking most of the meal. Though not organized well, I have most of my recipes in a binder slid into protective sheet covers - it is a collection of family recipes and articles. I found my mom's stuffing recipe......then it happened ..... I could not find the gravy recipe cut from a magazine we had as our family tradition for years. My daughter who had no clue to the direness of my situation foolishly suggested I "just buy a mix at the store"! I couldn't believe such heresy. I searched cookbooks; I searched online; I searched all computer files but to no avail. Finally after going through my closet (this wasn't becoming so relaxing anymore) I found the original magazine from 1995. The day was saved.

Thanksgiving went smoothly. My husband was making the gravy and I put the finishing touches on the stuffing. As I went to put the recipe back in the binder it happened to flipped over - to expose my long lost gravy recipe!

So what in the world does this have to do with Real Estate? Well sometimes it is easy to become so focused on something you totally miss the obvious - you have to have a house in only this neighborhood, or it has to be at this exact price, or this exact square footage - you may miss out on a great home that could be a great home. You may be listening and interpreting the news too much and feel a lot of unnecessary gloom and doom - or feel prices should be rock bottom. If you are selling and are so focused on how great your home is, you may not see that the potential buyers are right that it may need updating, repairs and a price change. For renters, you may become so focused on the mantra "we can never afford a home" that you might miss out on some great financing and programs for buyers.

How do you get a new perspective? Contact a Realtor and we can help you discover what may have been there all along.

Putting Some "Green" In Your Hands

2010-11-24T08:10:00.000-06:00

When it comes to preparing for the holidays, it also means cleaning and touching up your house for company. Does that "clean smell" seem a bit toxic to you? This article gives you some great alternatives to be clean and green.

By Terri Bennett

RISMEDIA, November 24, 2010—(MCT)—It's late November and the thought of guests descending on your home for the holidays may have you in an all-out redecorating rush.

“Do Your Part” this holiday season and go green while you paint, clean, and even accessorize.

We all know that paint can completely and inexpensively change the look of any space. But did you know that it's one of the biggest sources of indoor air pollution? That's because conventional paints contain volatile organic compounds — or VOCs — which are known to cause everything from headaches to certain cancers.

Now, it's easier than ever to get your hands on low or no VOC paint from nearly any paint manufacturer. The cost of low or no VOC paints are comparable to conventional paints and they last just as long. Just look on the can's label to make sure you are choosing the healthiest option for your home.

Another source of those dangerous VOCs is household cleaners. If you're like me, you may take cleaning to a whole other level when company comes to town. Before you spend a lot of money on store-bought cleaners, take a look at the non-toxic options you may already have in your pantry.

Items like baking soda, vinegar, and borax are effective cleaners for every room in your home. They do everything from disinfecting surfaces to killing mold. Go to www.DoYourPart.com/Columns to see specific uses for all these products. Or, if you want to go the store-bought route, look for cleaners that are plant-based and biodegradable such as Method and Seventh Generation products.

Now for the fun part of buying things for your home. If you'll be picking out a new piece of furniture before your friends and family arrive, pick ones that don't emit dangerous chemicals into your air. Some affordable pieces made from medium density fiberboard — or MDF — actually contain a formaldehyde-based resin.

Gas from the formaldehyde is known to slowly release into the air and can irritate eyes and cause breathing problems. Formaldehyde is also used in many furniture adhesives. When shopping, find out what the furniture is made of and if any formaldehyde adhesives are used in the manufacturing process to ensure you aren't bringing toxic pieces into your home.

There may also be some smaller items on your shopping list this year. If you'll be getting some new towels or sheets for your guests, opt for organic cotton items. These pieces are produced from cotton that is grown without using harmful pesticides or insecticides. Not only that, you'll also find organic cotton items are generally softer. Major retailers now offer organic options in every price range. You can also find decorative bed pillows made with organic cotton at many home goods stores.

There are plenty of ways to get in the green spirit this holiday season and it won't cost you any more money or time. So Do Your Part when guests come to visit to make sure your home is the healthiest it can be.

(c) 2010, The Charlotte Observer (Charlotte, N.C.).
Distributed by McClatchy-Tribune Information Services.

Tips for Buyers/Sellers in Today's Market

2010-11-15T16:20:00.000-06:00

"In a housing market that has had more downs than ups since the bust in 2008, top-selling real estate agent Roberta Baldwin guides both buyers and sellers through the market's troubled waters. Read a few of her quick tips below

Tips For Sellers:

Strive for Perfection

Buyers do not want to do the work -- they want you to do the work. It's not like the old days where you let the buyer decide what to do. They want a new kitchen, a new bathroom, they want everything perfect. If it's imperfect you're not going to sell it as fast.

Price the House To Sell, Not To Sit

If you are pricing it to sit, it will sit and it will keep getting negative feedback. If you aren't motivated you are wasting your time, the time of everyone who looks at it and your agent and at the end of the day you're going to be unhappy.

Be Realistic During Negotiations

Guess what? The negotiation process starts when the offer is given to you and if you think it's pretty good and you want $5,000 more, think twice about that because they just may walk without even listening to your counter. When a buyer makes an offer it's usually the price he wants to pay and not a penny more.

Trust Your Realtor

If you're underwater or behind on your mortgage, trust your Realtor with that information so he can give you the best advice and support from the start.

Tips For Buyers:

Streamline Priorities

I always say to people pick three to five things that you really want, but if you need 20 things you'll never find the house. You need to stick with those five and don't keep changing them every week.

When Buying or Selling, Ask a Professional

Work With the Pros

Honestly you're going to get your education a lot faster if you work with a top agent and also with a top mortgage representative.

Think of a House as a Nest, Not a Nest Egg

A house should be a place that gives you a special feeling and if you're just thinking every minute you're clocking, how much it's worth day to day or how much it's not worth you just can't possibly enjoy the inherent value of a nest.

Don't Get Drunk on Power

It may be a "buyer's market" but real estate is always about negotiation and compromise, so don't get carried away with your power -- it may kill the deal."

Taken from ABC News exerpt http://abcnews.go.com/print?id=11965124

1971 Value is back!

2010-11-13T08:33:00.000-06:00

What if you could find gas for 1971 prices or could buy your groceries at that price? Would you buy a car at 1971 prices? Well there is something that is at 1971 levels and that is mortgage rates! Recently 30 year mortgage rates dropped to 4.17%!!!!

While I know that there are buyers waiting to see if housing prices go down, it is important to realize that the bottom line is money in your pocket. As a general rule $1000 in price equates to about $10 in monthly payments - so if you are waiting for a price drop of $5000 you are really talking about $50. HOWEVER if you lock into a low interest rate, that also means less money you have to pay over the life of the loan resulting in potentially larger savings than a price drop.

An example is a $200,000 mortgage at

1990's rates 7.75% would be $1432.82

2009 rate of 5.5% would be $1135.58

Current rate of 4.17% would be $974.54

That's a savings of $161.04 a month just since last year! And the reason you're not buying a home now is why?

http://www.chron.com/disp/story.mpl/business/realestate/7290693.html

What To Do With An Extra Hour

2010-11-06T20:05:00.000-05:00

Don't forget to turn your clocks BACK one hour tonight. You'll be gaining an extra hour of sleep OR what about doing something productive, like clean your bathroom. NAH! But here are some tips to help keep your bathroom clean......

9 Bathroom Cleaning Problems Solved

1. "My shower curtain is crawling with mildew"

Wash it with a bleach solution. Shower curtains can be tricky to clean because they are big and cumbersome. Getting rid of mildew, especially during damp weather, can be especially challenging. Here’s a solution that’s quick, easy, and low-cost: Pour 1 gallon (3.7 liters) of warm water and 1⁄2 cup of household bleachinto a plastic bucket. With plastic gloves on, soak a sponge in this cleaning solution, give it a squeeze to avoid drips, and wipe. The mildew will vanish. Rinse using the showerhead.

2. "I’m ready to toss this filthy shower curtain liner"

Toss it in the washer. Don’t throw away your liner just because of mildew and dirt buildup. Extend its life by cleaning it in your washing machine. Set the machine on the gentle cycle with warmwater and 1 cup of regular laundry detergent or 1⁄2 cup of vinegar. Afterward, whirl it in your drier, set on Low Heat or Fluff, for about 20 minutes. Your liner will come out clean and wrinkle-free. Rehang it immediately.

3. "My brass fixtures look dull"

Polish them with baking soda and lemon juice. Don’t rush out to buy an expensive brass cleaner. Save time and money by making a paste with equal amounts of baking soda and lemon juice. Dip an old toothbrush in the mix and lightly scrub the fixtures. Let the solution dry a few minutes and then buff the fixtures with a clean cloth. They’ll look brand new.

4. "The nooks and crannies in my bathroom are hard to clean"

Use an old toothbrush. An old toothbrush is the perfect time-saving bathroom-cleaning tool. For example, you can use it to clean the tracks of your bathtub’s sliding glass doors. Simply spray bathroom cleaner on a paper towel and wrap the towel around the bristle end of the toothbrush. Then scoot the brush along the tracks to dislodge dirt. Or put the little bristles to work on the grime that collects around the rim of a bathroom sink. Once the bristles have loosened the dirt, just mop it up with a damp sponge.

5. "I hate those mineral deposits on my bathroom faucet"

Remove them with white vinegar. No one likes crusty white deposits on a faucet. Try this easy solution: Before you go to bed one night, head to your kitchen for a bottle of white vinegar and three paper towels. Saturate the towels in the white vinegar and wrap them around the faucet like a cocoon. In the morning, remove thetowels. Fill the basin with warm water, plus a squirt of dishwashing liquid. Dip an old toothbrush in the solution and scrub the faucet toremove the final bits of mineral deposit.

6. "I have scum buildup on shower doors."

Use furniture oil to prevent buildup. Cleaning soap scum off a shower door is a tough, time-consuming job. Try using lemon oil furniture polish as a barrier against the scummy buildup. The next time you clean the door, follow up by wiping it with furniture oil on a soft rag. Let the oil sit for two minutes and then polish off the excess with a dry cloth. The furniture polish will leave a slight film of oil that will act as a buffer against future soap scum. Using a shower squeegee (available at discount stores and supermarkets) after every shower will also discourage the buildup.

7. "My glass shower doors are filmy"

Clean them with vinegar, baking soda, and salt. Stubborn mineral buildup on glass shower doors is no competition for a few common household ingredients—white vinegar, baking soda, and salt. Spray vinegar on the door and let it sit for a few minutes. Next, create a paste with equal amounts of baking soda and salt. Use adamp sponge to rub this paste over the door; then rinse well.

8. "My bathroom grout is grungy with mildew"

Spray it with vinegar. Mildew on grout is no match for that miracle household cleaning dynamo called vinegar. Just pour somewhite vinegar into a container, dip in an old toothbrush, and scrub away at the mildew. Or pour the vinegar into a spray bottle, squirt it on the mildew, and let it sit for ten minutes. Rinse with water and apply the old toothbrush if necessary. Bleach is effective in removing mildew from tile grout. Fill a spray bottle with equal parts of household chloride bleach and water. Spray the grout, let it sit a few minutes, and then wipe with a clean white cotton cloth.

9. "Those nonslip bathtub stickers won’t peel off"

Loosen them with laundry presoak. You know the ones: They’re shaped like flowers and fish and are stuck on with industrial-strength adhesive. Instead of ruining the smooth surface of your tub trying to scrape them off, follow these simple steps for removing them: Carefully lift corners on each sticker using your fingernail or a plastic scraper. (Metal will scratch most tubs.) Spray the stickers with a good dose of laundry pretreatment product, such as Shout or Spray ’n Wash. Let the stickers soak in the spray for a few hours. This should loosen the stickers and allow you to peel them off. Wipe up any adhesive residue and the laundry spray. Clean and rinse the tub thoroughly.

Mortgage Rates Back Down Again After Brief Rise

2010-11-04T14:41:00.000-05:00

Mortgage rates revisited record lows this week, with the average rate on the benchmark conforming 30-year fixed mortgage rates returning to 4.42%, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.37 discount and origination points.

The average 15-year fixed mortgage hit a new low of 3.81%, and the larger jumbo 30-year fixed rate did as well, sinking to 5.04%. Adjustable rate mortgages were mostly lower, with the average 5-year ARM falling to 3.57% and the average 7-year ARM retreating to 3.87%.

Mortgage rates fell back into record low territory this week. The Federal Reserve has announced another injection of $600 billion over the next 8 months, but it remains to be seen if this is enough to push Treasury yields and mortgage rates lower, and if so, by how much. Even if the Fed is successful in pushing rates lower, it doesn’t alter the fact that many would-be borrowers are upside-down, living on a reduced income, or concerned about a lack of job security, Bankrate analysts said.

The last time mortgage rates were above 6% was Nov. 2008. At that time, the average rate was 6.33%, meaning a $200,000 loan would have carried a monthly payment of $1,241.86. With the average rate now 4.42%, the monthly payment for the same size loan would be $1,003.89, a savings of $238 per month for a home owner refinancing now.

Source: Bankrate.com

Read more: http://www.houselogic.com/news/articles/mortgage-rates-return-record-low-territory/#ixzz14LOsTkIL

Is Your Home Healthy?

2010-10-19T07:53:00.001-05:00

The weather is getting cooler and it is becoming that time of year that germs loved to be shared. As we approach cold and flu season, what are some things you can do to prevent the spread of germs?

Raising a family with 4 children who loved to share germs, we came up with a few tricks of our own. My best tip is to put a roll of paper towels in the bathrooms that are used by all. Use a kitchen towel dispenser to make it look nice on the counter. We stumbled upon this trick one year when we all kept sharing the stomach flu (not a fun year). We gave everyone their own color coded towels for their bathrooms to no avail. Only when another one fell sick did it occur to me that everyone used the guest bathroom to wash hands and we all used the same towel. The switch to paper towels did the trick - I also got very good at wiping down counters, door knobs etc. For more tips read this article from This Old House magazine on ways to flu proof your home.

Don't forget to get your flu shot as well. And here's a consumer tip. Don't "assume" that it will be cheaper to get your flu shot at your doctor's office. Since I had one child at the doctor and they asked if she needed her flu shot, being a good mom I said "sure". Then I received the bill - the shot was placed toward my deductible....$25.00 for the shot and $20.00 to administer it! Let's just say the rest of us just went to Kroger and saved some money. So, as always, when someone offers you something ask "how much will this cost me?" Need to find a flu shot location? Visit www.flu.gov

A Different Thought on the Home Glut

2010-10-18T08:23:00.000-05:00

Here is a different take on the explanation of the seeming oversupply of homes on the market.....

There were 357,000 new households created between March 2009 and March 2010, down from about 1.3 million per year between 2002 and 2007, according to U.S. Census Bureau data.

With household formation at a 63-year low, the supply of homes on the market is nearing a record high. "When people are afraid of losing their jobs or not being able to get into the job market, they are not thinking about buying a home," explains NATIONAL ASSOCIATION OF REALTORS® spokesman Lucien Salvant. "Many opt to stay at home with parents, or to share rentals with friends."

The Census Bureau reports a 14.5 percent gross vacancy rate in the nation's housing at the close of the second quarter. Normally, demand for replacement homes and second homes, a jump in new households, and nonresidential to residential conversions mean approximately 1.7 million new units are needed each year to satisfy demand. Foreclosures alone are not responsible for the housing glut, with experts pointing out that household formation has fallen along with immigration and marriage rates.

Source: Philadelphia Inquirer, Alan Heavens (10/12/10)

Still lower!!!!

2010-10-15T08:30:00.000-05:00

In what now seems like a weekly event, mortgage rates have dropped AGAIN to a now lower "all time low" at 4.19% for a 30 year mortgage. 15 year loans are at 3.62%. If that doesn't motivate you to buy or refinance - I don't what will.

Give me a call and I will help you with the process.

FULL ARTICLE

My First Rodeo

2010-10-07T19:32:00.004-05:00

Our family has lived in Houston a while, but sometimes you need to go visit places and events you haven't seen before. Last Friday night our family went to the Pasadena Livestock Show and Rodeo - and, well, it was actually my first Rodeo. Now I know it does not compare to the size of the Houston Rodeo, but it was great fun, a good value and close by.

We bought our $10 tickets online and printed them at home for general admission and parking is FREE! One of the vendor booths was giving away free items - so I think we made money on the whole event. If you and your family want to check it out, you'll need go this weekend as it ends October 9th. Follow this link for details...Pasadena Livestock Show and Rodeo. Hey any place that sells funnel cake is always worth the price of admission.

Who doesn't love a parade?

2010-10-07T14:33:00.000-05:00

There is a lot more to buying a home than just the structure of the house. A major influence is also the community it is located in. In the Clear Lake area we are fortunate to have homes that feed to exemplary schools - one of those is Clear Lake High School.

This week is homecoming and Wednesday night was the Homecoming Parade. Since I wasn't raised from around here, this was my first parade - I had no idea how much fun I have been missing. Why hadn't we attended earlier? Floats, the band, candy, beads, pep rally and a bonfire! What a great way to spend an evening.

Come and cheer on Clear Lake this Saturday at Clear Creek District Stadium at 2 p.m. Cost is $6.00 - you'll want to come early to get a good seat. Cheer on the Falcons and check out the mums!

Home Maintenance for Fall

2010-09-22T11:26:00.000-05:00

The calendar says "Fall" and for those of us who live in Houston the fact that it will be in the 80's makes you want to start making chili. Fall here in the South is different than elsewhere in the country, (we won't see leaves change colors for a couple more months at least) but this article does provide information for Fall home maintenance to our area. Read on....

Certain home maintenance tasks should be completed each season to prevent structural damage, save energy, and keep all your home’s systems running properly. These maintenance tasks are most important for the South in fall and winter. For a comprehensive list of tasks by season, refer to the to-do lists at the end of this article.

Fall and winter conditions in the South vary dramatically from the northern part of the region to the southern coastline. But basic maintenance tips apply no matter where you live.

Key maintenance tasks to perform
• Get your heating system in order. Heating systems in the South vary—there are generally more gas furnaces in the northern areas, and more electric heat pump systems toward the coastal South. Programmable thermostats are important for both kinds of heating systems, as they can help save around $180 a year on your energy bills.

If you have a heat pump, make sure you install a programmable thermostat especially designed for heat pumps, says home inspector Bill Loden of Insight Home Inspection in Madison, Ala. Programmable thermostats for heat pumps are specially designed to keep these systems working at peak efficiency.

Schedule your fall HVAC checkup promptly; you can expect to pay $50 to $100 for a heating tune-up. Make sure your HVAC professional checks all electrical connections, lubricates any moving parts if necessary, and inspects the condensate drain and trap. If you have a gas furnace, make sure he also checks gas connections and pressure, burner combustion, and the heat exchanger.

Inspect your furnace filters monthly and change them whenever they are dirty. Inspect floor grates and return ducts regularly and clean them out with a vacuum cleaner brush.

• Clean your gutters. In the South, you’re less likely to have ice form in your gutters than in other parts of the country. Nevertheless, debris in your gutters can easily divert water onto the roof or siding, setting the stage for mold and rot and dramatically shortening the lifespan of shingles and paint. Inspect and clean your gutters in the late fall after leaves have dropped.

• Put away lawn and garden equipment. Pick up anything in the yard that could be damaged by cold or snow, such as garden tools, hoses and nozzles, and patio furniture and accessories. Run your lawn mower until it’s out of gas, if possible; if you leave gas in the tank over the winter, it can degrade and lose some of its combustion ability. Worse, gas can react with the air in the tank and oxidize, forming deposits that affect the machine’s performance; worse still, moisture can condense inside the tank and cause rust that blocks the fuel lines.

If you know you’re going to leave gas in the tank over the winter, add a stabilizer to the last gallon of gas you put in (mix it in the gas can, not the mower tank, so that you get the mixing ratio correct).

• Trim back vegetation. In some areas of the South plants grow year-round, so it’s important to keep an eye on whether they’re encroaching on the roof and walls. Trim trees so that branches don’t hang over the roof, and keep heavy, dense growth away from siding. A good rule of thumb is to trim back bushes and shrubs so that there’s enough room to walk easily between plantings and your house.

• Pick up a paintbrush. Fall is a great time to paint your house’s exterior if necessary, sealing all surfaces before winter’s moisture has a chance to do damage. It’s possible to touch up small areas only, but note two things: 1) odds are you’ll end up with a slightly different color than the rest of the house, so don’t do it in a prominent spot; and 2) if you have a small area that’s consistently peeling or losing paint, you likely have a moisture issue that needs to be addressed first. Look for signs of leaky gutters, crumbling caulk, and loose siding that can trap moisture underneath.

• Check weatherstripping and caulk. Open all your exterior doors and check the weatherstripping; if yours is crumbly or has gaps, replace it. Remove the old weatherstripping with a utility knife and clean the surface with household cleaner, getting as much of the old debris and adhesive off as possible. When the surface is dry, apply peel-and-stick foam weatherstripping. Start at the top of the door frame and work your way down, being careful not to stretch the foam strip, which can weaken the adhesive.

Inspect windows and doors for any gaps between the trim and the exterior siding that allow air to penetrate from the outside; these gaps should be caulked. Be sure to scrape out any crumbling old caulk or paint — applying new caulk over old is fine, but first get rid of loose chunks and remove any grit with household cleaner.

Spending a few hours here and there on home maintenance tasks helps you spot developing problems quickly and prevent costly repairs. For best results, complete the tasks described above as well as those on the to-do list following this article.

Karin Beuerlein has covered home improvement and green living topics extensively for HGTV.com, FineLiving.com, and FrontDoor.com. In more than a decade of freelancing, she’s also written for dozens of national and regional publications, including Better Homes & Gardens, The History Channel Magazine, Eating Well, and Chicago Tribune. She and her husband started married life by remodeling the house they were living in. They still have both the marriage and the house, no small feat.

Read more: http://www.houselogic.com/articles/fall-winter-seasonal-maintenance-guide-south/#ixzz10H8Tr8ro

More Important Than Real Estate

2010-09-21T11:42:00.001-05:00

This time of year, my heart turns to something more important than Real Estate. Today, September 21st, is World Alzheimer’s Day. It was last Fall when my husband had to fly out to San Diego as his dad’s Alzheimer’s became progressively worse. Just a few months earlier in June, though struggling with the affects of the disease, we saw John dance at our daughter’s wedding. We had no idea his condition would deteriorate so rapidly. During that Fall trip my husband’s family connected with the local Alzheimer’s Chapter and were provided a wealth of resources and encouragement from people who understood. Soon he was in hospice care, and then moved to a Care Facility specializing in Alzheimer’s patients. It was there that my mother-in-law could become a wife again and not a full-time caregiver. In December the disease took his life, as God called him home in his sleep. This is why our family is again participating in the Houston Memory Walk. I hope you will consider supporting me with a donation.

Click Here to Donate

2009 "Team Hope" walkers

Low Cost Ways to Improve Your Home's Appeal

2010-09-15T11:02:00.000-05:00

While this article is aimed for home sellers - nothing says we can't improve our homes even if we have no intent on selling. Afterall, don't we want our homes to make a good impression in the neighborhood?

10 Low-Cost Tips to Improve Your Home's Appeal

By Paige Tepping

RISMEDIA, September 4, 2010--When selling your home, the goal is to sell it quickly for the highest price while investing as little as possible in renovations. With a limited budget and a little effort, you can greatly increase your home's appeal by focusing on what prospective buyers can see on their first visit. The experts at BuyOwner.com offer the following recommendations for preparing a house for sale and staging it for showings.

Tip #1: Refresh the exterior

First impressions count when it comes to selling a home. Most buyers won’t even leave their car if they don’t find the exterior appealing. The best ways to improve your home’s exterior include:

-Repairing and/or replacing trims, shutters, gutters, shingles, mailboxes, window screens, walkways and the driveway.
-Painting siding, trim and shutters and lamp and mailbox posts.
-Pressure washing vinyl siding, roofs, walkways and the driveway.
-Washing windows.

Tip #2: Spruce up the lawn and landscape

Home buyers associate the condition of your lawn and landscaping with the condition of your home’s interior. By improving the outside, you affect buyers’ impression of the entire property. The best ways to enhance the yard include:

-Mowing and edging the lawn.
-Seeding, fertilizing and weeding the lawn.
-Keeping up with regular lawn maintenance by frequent watering.
-Trimming and/or removing overgrown trees, shrubs and hedges.
-Weeding and mulching plant beds.
-Planting colorful seasonal flowers in existing plant beds.
-Removing trash, especially along fences and underneath hedges.
-Sweeping and weeding the street curb along your property.

Tip #3: Create an inviting entrance

The front door to your home should invite buyers to enter. The best ways to improve your entry include:

-Painting the front door in a glossy, cheerful color that complements the exterior.
-Cleaning, polishing and/or replacing the door knocker, locks and handles.
-Repairing and/or replacing the screen door, the doorbell, porch lights and house numbers.
-Placing a new welcome mat and a group of seasonal potted plants and flowers by the entry.

Tip #4: Reduce clutter and furniture

A buyer cannot envision living in your home without seeing it. A home filled with clutter or even too much furniture distracts buyers from seeing how they can utilize the space your home offers. If you have limited storage space, you may want to consider renting a temporary storage unit to place items you wish to keep. The best ways to declutter your home include:

-Holding a garage sale to prepare for your move, getting rid of unnecessary items.
-Removing clutter such as books, magazines, toys, tools, supplies and unused items from counter tops, open shelves, storage closets, the garage and basements.
-Storing out-of-season clothing and shoes out of sight to make bedroom closets seem roomier.
-Removing any visibly damaged furniture.
-Organizing bookshelves, closets, cabinets and pantries. Buyers will inspect everything.
-Putting away your personal photographs, unless they showcase the home. Let buyers see themselves in your home.
-De-personalize rooms as much as you can.

Tip #5: Clean, clean, clean

The cleanliness of your home also influences a buyer's perception of its condition. The appearance of the kitchen and bathrooms will play a considerable role in a buyer's decision process, so pay particular attention to these areas. The best ways to improve these areas include:

-Cleaning windows, fixtures, hardware, ceiling fans, vent covers and appliances.
-Cleaning carpets, area rugs and draperies.
-Cleaning inside the refrigerator, the stove and all cabinets.
-Removing stains from carpets, floors, counters, sinks, baths, tile, walls and grout.
-Eliminating house odors, especially if you have pets.
-Considering air fresheners or potpourri.

Tip #6: Make minor repairs

The small stuff does count, especially with first-time home buyers. Without dismissing the importance of repairing major items such as a leaky roof or plumbing, you do not need to spend money on replacing these items. Instead, focus on the minor repairs that will make your home visually appealing. The best ways to improve your home include:

-Repairing ceilings and wall cracks.
-Repairing faucets, banisters, handrails, cabinets, drawers, doors, floors and tile.
-Caulking and grouting tubs, showers, sinks and tile.
-Adding fresh paint to ceilings, walls, trim, doors and cabinets.
-Tightening door handles, drawer pulls, light switches and electrical plates.
-Lubricating door hinges and locks.

Tip #7: Showcase the kitchen

The heart of any home is the kitchen. If you are going to spend any money on renovations, this is the one area where you will see the greatest return. Even with a modest budget, focusing on a few key areas can make a great difference in getting the asking price for your property. The best ways to showcase the kitchen include:

-Replacing cabinet doors and hardware.
-Installing under-cabinet lighting.
-Replacing light fixtures.
-Replacing outdated shelving with pantry and cabinet organizers to maximize space.
-Baking cookies or cupcakes for a showing, to create a homey smell.

Tip #8: Stage furniture

Furniture placement can enhance the space of your home while giving buyers an idea of how to best utilize the space with their own belongings. Take some time to rethink how different areas in your house could be used. Some ideas to think about include:

-Moving couches and chairs away from walls in your sitting and family rooms to create cozy conversational groups.
-Creating a reading corner in the master bedroom.
-Clearing an empty room to set up a reading space.
-Turning an awkward space into a home office.
-Setting the dining room table with your best china.
-Set wine glasses in front of the fireplace or next to a Jacuzzi tub.

Tip #9: Light up the house

Create a sense of openness and cheerfulness in your home through its lighting. To improve the lighting try:

-Opening shades and drapes to let the sunshine warm and brighten rooms.
-Installing brighter light bulbs in rooms that tend to be dark.
-Adding additional lamps for ambient lighting.

-Turning on all the lights for a showing.

Tip #10: Add fresh touches

You can easily add color and style to your home by adding fresh touches throughout. Some ideas to consider include:

-Placing fresh floral arrangements in the entry and master bedroom.

-Placing bowls of bright-colored fruit in the family room and the kitchen.

-Filling an empty corner with a potted leafy plant.

-Setting new hand soap in the bathrooms.

-Displaying fresh towels near sinks.

And Down Again!!!!

2010-08-27T08:53:00.001-05:00

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

2010-08-17T16:00:00.001-05:00

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

2010-08-13T12:41:00.000-05:00

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

2010-08-10T13:48:00.002-05:00

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!

2010-08-05T11:41:00.002-05:00

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!

Still going down!

2010-07-23T12:27:00.000-05:00

Once again, the reason you're not buying now is why?

Using my recent Clear Lake listing of $191,000. If you were to place 20% down and able to obtain a conventional 30 year fixed mortgage at 4.56%, your monthly payment would be about $780 for principle and interest. When we bought our first home in 1993 the best rate we could get was 7.75% making this scenario $1095 for the same home. Do you now see why interest rates are so important?

by ALAN ZIBEL
updated 7/22/2010 11:09:58 AM ET

Mortgage rates fell to a new record low for the fourth time in five weeks. But low rates haven't been enough to lift a struggling housing market.

The average rate for 30-year fixed loans this week was 4.56 percent, down from 4.57 last week, mortgage company Freddie Mac said Thursday. That's the lowest since Freddie Mac began tracking rates in 1971.

The last time home loan rates were lower was during the 1950s, when most mortgages lasted just 20 or 25 years.

The rate on the 15-year fixed loan dropped to 4.03 percent, down from 4.06 percent last week and the lowest on records dating back to 1991.

Rates have fallen since the spring. Investors worried about the European debt crisis have shifted money into the safety of Treasury bonds. That has forced those yields down. Mortgage rates tend to track yields on Treasury debt.

However, low rates have yet to spark home sales and refinancing activity remains moderate.

Sales of previously occupied homes fell in June and are expected to keep sinking. The National Association of Realtors said Thursday that last month's sales fell 5.1 percent to a seasonally adjusted annual rate of 5.37 million.

If A Picture is Worth A 1,000 Words - How Many is a Video?

2010-07-23T11:29:00.000-05:00

If a picture is worth a thousand words, than a video must be a book!

You can see for yourself, this Clear Lake home in Bay Knoll is an amazing value at $191,000 - 2558 sq ft, all brick, 4 bedroom 2 1/2 bath home. By the video you can see it is beautifully decorated and ready for you to call it home. It's prime location feeding to Clear Creek ISD schools makes it more desirable.

Want to see more? Visit http://www.823noblesprings.com/ or better yet - call me for a personal showing! 713.817.5710

Keepin' It Green

2010-07-20T11:04:00.000-05:00

Always wanting to spread the "Green" word, I came across this article that gives some simple tips to get started.....

"Homeowners across the country are continually striving toward a more eco-friendly lifestyle. While homeowners may not know where to start, there are small steps that can be taken that can add up to make a big difference.

The experts at http://www.ourgreenerlife.com/ offer the following tips to help you lessen your eco footprint.

1. Use less water

Saving water is all about small steps. Here are a few simple ways that will help you conserve water while saving money.

-Shut off the water while you brush your teeth

-Take showers that are a minute or two shorter

-Only run full loads of laundry and dishes

-Buy from sustainable producers. These are farmers, ranchers and other producers that use techniques that pollute less and use less water. You can do some research online or ask at your local organic market to find these products.

2. Use less energy

If you don’t have the money to buy a hybrid car or convert your house to solar power, you can make a big difference with the following small changes.

-Buy energy efficient appliances. They may be more expensive, but make up for the increased cost in lower energy bills.

-Unplug chargers when you’re not using them. Cell phone and other chargers use up power even if there’s nothing attached to them.

-Put devices with remotes, like TVs, VCRs and stereos on a power strip and turn the power strip off when you’re not using the devices. These gadgets use a lot of power to run the remote receiver even when the device is off.

-Walk or ride your bicycle for short trips.

-Buy local products. It takes energy to transport food and other products across the country. Buying local not only supports your local economy, it helps them use less energy.

-When it comes to saving energy and water, it’s a great idea to get the kids involved—you can even make it a game. Have them track how much water and electricity everyone is using and compete to see who uses the least.

3. Reuse

Most of us know the three R’s: reduce, reuse, recycle, but when we work on conserving, we often leave reuse out of the picture. While you can often find tips on how to reuse common products from other people, what you need most is creativity. With a little thought, there are many items around your home that can be reused—toilet paper holders can be used to sow seeds for the vegetable patch, old yogurt containers can be cut into strips to make plant labels and old food jars can be refilled with homemade foods or can make great impromptu vases.

4. Use environmentally friendly products

When you go to the grocery store, you probably see more and more ‘natural’ or ‘eco friendly’ products every time. There are generally two big problems with these products: Just because they’re more natural than regular products, doesn’t mean they’re entirely natural and they’re often expensive.

If you want inexpensive, natural, safe products, why not just make them yourself? Vinegar is a great way to clean and disinfect glass and other surfaces. Need to remove stubborn stains? Just add some baking soda to your vinegar cleaner. Some quick searching online will lead you to hundreds of other natural safe home-made cleaning products."

Amazing Value for Amazing Clear Lake Home!

2010-07-16T09:12:00.001-05:00

Visit http://www.823noblesprings.com/ for photos and more information. Video tour coming soon!

Be the first to see this 4 bedroom 2 1/2 bath 2558 square foot home in Bay Knoll. With the list price of $191,000 it is one of the neighborhood's best values.

It is beautifully decorated with contemporary colors, new carpet upstairs, rich looking tile in den. French doors lead to the spacious backyard from both the den AND formal dining room. The corner lot leading into this cul de sac gives you room to spare in the landscaped backyard. 2 inch wood blinds are throughout the home. The master suite is large with a master bath that boasts dual sinks, a spearate shower and whirlpool tub. A stainless gas range and updated cabinets makes the open kitchen an added plus.

With interest rates at a record low, and a house like this price so well - what are you waiting for? Call or text Karen at 713.817.5710 today!

How Low Can It Go?

2010-07-08T14:42:00.000-05:00

U.S. 30-Year Mortgage Rates Decline to Record 4.57% Seriously - what are you waiting for? There is lots of inventory available. Let me help you find the perfect home.

Have You Noticed A Trend?

2010-07-02T09:38:00.002-05:00

I have noticed that most of my blogs recently have been about interest rates declining - today's is no exception as seen by this recent article http://www.msnbc.msn.com/id/7148582/ns/business-real_estate/

So the question would be with interest rates so low, homes reasonably priced, and lots of inventory why aren't more people buying? In a discussion with my husband we wonder if it is the gloomy picture media paints. As we talked I mentioned that while we don't want an overly optimistic or unrealistic and rosy picture painted it would be nice to at least have a "bud" of optimism shared. So here is the optimism, if you are "waiting" for the right time to buy I think it is safe to say now may be the time!

Give me a call and I will help you with the first steps to buying and finding you that perfect home.

Clear Lake Home Price Drop Makes an Amazing Value Even Better!

2010-06-21T09:55:00.000-05:00

http://www.15811dunmoordr.com/ This Middlebrook beauty was already a great value when it originally listed at $164,900 with a price drop to $153,900 how can you pass it up? The home was previously under contract and buyer's financing fell through at last minute - their loss is your gain. This seller is motivated and the price reflects it!

Three large bedrooms, two bath (large master bath with dual sinks) and lots of open living space makes this the perfect home. Lots of updates and upgrades:

* Granite counters in kitchen with new undermount sink and fixtures

* Rich liminate flooring in all open floorplan living space and halls

* New carpet in all bedrooms

* New kitchen cooktop and range hood

* Formal dining, breakfast area and counter for dining

* High ceilings in living room and master bedroom

* High windows give it a bright, open airy feel

* Solar screens on all sun facing windows

* ALL appliances and washer and dryer stay

* Feeds to ALL exemplary CCISD schools

* Great neighbors

What's the catch? There is none. In fact inspections were completed with minimal repairs already made - the previous buyer's loss is your gain. Schedule an appointment today by calling or texting me at 713.817.5710. This won't last long at this price.

Visit http://www.15811dunmoordr.com/ for more information, photos and video tour - then call me!

June is half over!

2010-06-17T08:01:00.001-05:00

I don’t know about you, but JUNE is a very busy month! School ends, graduations, Father’s day, birthdays, anniversaries and before you know it half the month is gone…..and it is! Ahhhhhh! That said, here is the link to June’s enewsletter of housing reports and statistics

June is also the month people typically begin to look for homes. This allows the move to take place during the summer with little disruption to children’s school schedules. If you, or someone you know, is looking to move here are some important items to be aware of….

• Interest rates dipped again last week – below 5% These great rates will not last forever and it important to lock in financing before buying

• IMPORTANT – read my blog about financing. All lenders are NOT alike and picking the wrong one could cost you valuable time and possibly the home of your dreams

• It is also important to hold off on any large purchases until AFTER your new home closes. Some lenders are running a last credit check just before closing. If you have made a large purchase it could have dropped your credit score affecting your qualification.

• Even if you are thinking of buying a month or more from now, this is the time to contact a Realtor to get you on the right track and answer your questions. Of course, the obvious choice would be me

If you’re saying “Karen, I would love to move, but I don’t have the time and energy to look” No problem, I can do much of the leg work for you OR you can take advantage of my listing that just came back on the market in Middlebrook. The previous buyer’s financing fell through (hence the notes above). It is a gorgeous 3 bedroom/2 Bath; has already gone through inspection and minor repairs were made, AND it is located in CCISD to feed to Armand Bayou Elementary, Space Center Intermediate and Clear Lake High School – ALL exemplary schools! Visit http://www.15811dunmoordr.com/ for information, photos and video tour. This home already has updates – you could move in a still enjoy your summer! If you like what you see, call me for a personal showing and be prepared to move!

So soak up all you can of the remainder of June – July will soon be upon us – and living in Houston the word “soak” is actually literal.

NOTE: If you would like to receive my enewsletters each month (I promise not to innundate your inbox), please email me at karen@karensherrill-homes.com with "Newsletter" in the subject box.

Be Aware - NOT all Lenders are the Same

2010-06-16T08:37:00.001-05:00

When shopping for a Real Estate lender which is most important? A. Rate B. Reputation of Mortgage Lender C. Both A and B. Obviously the answer would be C. With interest rates again nearing all time lows, many are shopping for homes.

The first step I encourage clients to take in their home search is to become pre-approved with a lender. The BIGGEST mistake a potential buyer can do is to randomly search the Internet and choose a lender based on rates alone.

As a Realtor, I work indirectly with many lenders whether I represent the buyer or the seller. Some lenders are a JOY to work with, they are pro-active, process things in a timely manner, close on time or earlier and are communicative to both their client and agents involved in a transaction. When I see their name accompany an offer on a pre-approval letter it makes me smile. However there are some that make me cringe - this came true once again recently - I won't name names but the last two words in their name is ....__________ of America.

So what can you as a consumer/buyer do? (this works for refinancing as well though). Be proactive - don't just ask about rates. Here are "Questions buyers and should ask a mortgage lender" from the Texas Association of Realtors it will save you grief in the long run.

...Suggested questions you might ask a lender:

How large is your company, and how long has it been in business?
Are you a licensed mortgage broker or loan officer in Texas?
Is your company a mortgage banker or a mortgage broker? (A banker lends its own funds; a broker searches mortgage sources and arranges for you to receive financing from the lending entity)
What is the name, phone number, and e-mail address of the person who will actually be processing my loan application? How accessible is that person? (note: This is KEY!)
Tell me about all loan fees. What fees must I pay up front? What fees will I have to pay at closing?
How can you assure me I won't pay any unnecessary "add-on" fees?
Do the costs you are quoting include the lender origination fee?
Are there loans available with no origination fees? No closing costs? Reduced closing costs?
What are your interest rates?
Is there a fee to lock in my interest rate? How long can I lock in the rate? If interest rates go down, can I relock at the lower rate? If so, will there be a fee for that?
What information must I provide to get a mortgage loan?
What documentation will I have to provide?
Will you require current tax returns? (Take note of this especially between Jan. 1 and April 15 if you haven't prepared your return yet)
How long will it take to get complete and unequivocal loan approval and be ready to close? (this is KEY!)
I plan to stay in this house for ____ years. Can you show me the breakdown of any ARM loans you offer vs. fixed-rate loans to see which could save me the most money in my situation? (NOTE: see what the cap is on how high the interest rate could rise on an ARM)
What is private mortgage insurance? Other than a 20% down payment, how can I avoid the private mortgage insurance?
In the last three months, how many loan applications have you taken and how many have you been unable to close?
Can you give me the names and phone numbers of two or three people for whom you've funded loans in the last two months? (NOTE: privacy laws may prevent this - you may ask for the name of Realtor involved in the transaction - they can give you the feedback you would need)

Mortgage Rates At Lowest of the Year!

2010-06-10T13:44:00.002-05:00

If it's the stock market, down is a bad thing. If it's Mortgage interest rates - that's good news for you. According MSN.com rates are currently at the lowest they have been all year. What are you waiting for?
http://www.msnbc.msn.com/id/7148582/ns/business-real_estate/

Serving in the Military? You may be eligible for extended Tax Credit....

2010-06-10T09:56:00.001-05:00

If you are in the military actively serving overseas, you may be able to take advantage of extended home buyers tax credits! I wanted to pass along this information in a recent article I read that I have attached below:

Special Provisions Allow Military Home Buyers to Capture Tax Credits

RISMEDIA, June 10, 2010--Military families seeking to buy a home can count on a little tax help. The Homebuyers Tax Credit, which provides eligible buyers with a tax credit of $8,000 for first time buyers and $6,500 for repeat home buyers, ended on April 30, 2010 for civilians. However, active duty military or those on extended overseas duty have until on or before April 30, 2011 to have a binding sales contract in place. The bill also exempts qualified service members on official extended duty from tax credit recapture rules.

"We honor those who serve our country and are glad that this bill acknowledges the unique circumstances they face," said Benjamin Clark, 2010 President of NAEBA (www.naeba.org). "This bill ensures that members of the military have equal opportunity to participate in the homebuyer tax credit and offers relief to struggling military families by making the mortgage payment tax deductible."

The Worker, Homeownership, and Business Assistance Act of 2009 provides a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence and a tax credit of up to $6,500 for repeat home buyers who have owned a home for five consecutive years out of the prior eight years. The tax credit is available for eligible purchasers who have a binding sales contract in place by April 30, 2010, and close by June 30, 2010. However, realizing that members of the military, the Foreign Service and Intelligence Community have unique circumstances the bill has special provisions for this group:

-- Tax credit extended for one year for military personnel serving outside the United States for at least 90 days during the period beginning December 31, 2008 and ending May 1, 2010.

-- Eliminates the 36-month recapture requirement for military personnel, including members of the Foreign Service and intelligence community, forced to sell or move from a tax credit home as a result of an official extended duty of service.

Visit www.irs.gov for more information on qualifying and claiming the tax credit.

How to be the Cool Person You're Meant to Be

2010-06-07T16:44:00.002-05:00

While the first day of summer isn't until June 20th - no one told Houston weather. I'm sure you are hearing the whir of your A/C kicking on and thankful for it's affects. While I will share what steps my family has taken in our home to beat the heat in a future blog, I wanted to share these tips from a recent article I read. Hope it's helpful - and stay cool because remember Summer's coming!

Tips to Stay Cool This Summer - RISMEDIA, June 4, 2010

Around the house

--Close blinds, shades and curtains to keep summer heat out.
-- Keep the fireplace damper and doors tightly closed to prevent cooled air from escaping.
-- Run the dishwasher in the cooler part of the day when the lower temperature can better offset the heat and humidity the appliance will produce.

Air conditioning

-- Set the air conditioner thermostat at the highest comfortable setting. When leaving home for more than five hours, raise the thermostat five to 10 degrees. Raising the thermostat just a couple degrees can cut cooling costs by as much as five percent.
-- Regular maintenance is important to operating air conditioners efficiently. Check filters at least once a month. Dirty filters cause air conditioners to work harder and use more energy. Many filters can be removed, washed and dried, and reinstalled. Check the owner's manual or contact the manufacturer for more information.
-- Keep air conditioning units free of obstructions, inside and out, so air can flow freely. Outdoor units should be free of bushes, and leaf and grass debris. Indoors, move furniture and draperies to prevent blocking window units, vents and air returns.
-- Position window air conditioners on the shaded side of the house, away from direct sunlight. Window units generally are not designed to cool more than one room. Close the doors leading to uncooled parts of the house for more efficient cooling.
-- In homes with central air conditioning, leave room doors and air registers open so the system can operate effectively.

Fans

-- Make sure ceiling fan blades rotate clockwise in the summer months to draw cooler air up from the floor.
-- A window fan in an apartment or one-story home should be put in a window on the warmest side of the structure; in a two-story home, put it in an upstairs window. Fans draw cooler air inside during the night and circulate air during the day. Make sure draperies are secured away from the fan for better air circulation and safety.
-- Prevent heat build-up in the attic by opening attic vents and making sure any lower vents are not blocked. A cooler attic benefits the living area below. An exhaust fan or whole-house fan mounted in the attic will pull hot air out of the attic and living areas and draw cooler air in.
-- Use an exhaust fan to blow hot air out of your kitchen while cooking. The savings in your cooling costs will far outweigh the fan's electricity use.

There's No "I" in Realtor

2010-06-03T12:20:00.001-05:00

As my kids have grown up, we have cheered and watched them play, soccer and baseball. The most enjoyable years were when they were on a great team - a group that was equally motivated and worked together. As we finalized the contract on a recent listing my client commented how this was a great "team" effort. Later that week another client (whose home recently closed) told my husband how he appreciated our "teamwork" in the sale of their home. It was then that it occurred to me the niche I bring to the table as a Realtor.

Teamwork - I would love for all my clients to be able to say we were a team - we worked together for a mutual goal and achieved it. Those goals can be
1. Finding the perfect (or near perfect) home
2. Netting a certain amount from the sale of your home
3. Closing your home near a certain date
4. Exposing your home in the most technological way you can
5. Moving to the neighborhood/near schools/ or location you desire

I try to connect with my clients the best I can, and identify with where they are at emotionally - Realty transactions can be very emotional and cannot be discounted. For a recent client we were negotiating a contract for a 1st time home purchase. Something just didn't feel right about it - they didn't have the "yes, we love this house" and seemed resigned to settle. I got up early the next morning and came across a listing that just came back on the market. I called the client and asked them to meet me there before we countered on the other house. Once they walked in you could sense the "yes, this is it!" We cancelled the one contract and made an offer that was accepted. We were a team!

I have personal goals as well when it comes to selling a home - the longest I have ever had a home on the market before a contract was 48 days. If anything gets close to that mark, I begin to take it personally. You can ask any of my clients, I work creatively and aggressively to get a home sold; communicating honestly assessing market conditions and pricing; providing different scenarios or ways of looking at things to help you make the best decisions. We brainstorm together to think outside the box.

If you are ever in the market for a Realtor - I hope we can team up to achieve your goals! It is working together that ultimately brings success.

A LOST art

2010-05-24T10:18:00.001-05:00

Today I began typing and something was missing. As I glanced down at what I just wrote, specifically letters were missing. My keyboard has decided to freak out - randomly choosing to leave out letters or selectively capitalize some. Needless to say this made my email communication a bit off and unintelligible.. (I am also considering conspiracy theories of mysterious magnetic fields wreaking havoc with first my cell phone and now my keyboard..hmmmmm)

At times it appears communication is a LOST art (apologies to the LOST tie in - but you have to do it while you can!) While I have read articles that state the use of technology is the cause for this phenomenon, I would counter that, perhaps, it is poor manners and a lack of concern for the feelings of others. A philosophy of "I'm too busy to communicate" states the obvious, but uncomfortable, state of mind that your priorities are more important than the feelings of the person awaiting your response.

This is why I pride myself on communicating with my clients. They don't seem to mind if it is a call, email or text - as long as I communicate I "hear" what they are saying and will provide a response as soon as one is available. Isn't that what we all really want? To be heard and understood - regardless if a solution is at hand.

My solution for my keyboard issue is to use my laptop keyboard and ditch my wireless keyboard for the time being. But it isn't just technology. If you find your Realtor, or other professional, isn't communicating well with you (if you feel that something is missing), you need to "communicate" your feelings and if there is no resolution, perhaps it is time for a change.

Cell Phone Part II the saga continues

2010-05-22T21:27:00.000-05:00

Now I realize this blog is suppose to be about Real Estate, but many of you have read my "So You Drop Your Cell Phone in a Pool" blog, and I wanted to give an update. Good news is that my phone worked flawlessly for five months. Bad news it now doesn't work at all. The diagnosis - water damage with delayed corosion. Result - upheaval in the way I do business.

This is how I began my Saturday, realizing the technology I was once reluctant to use is now a necessity of my Real Estate business. My phone is one of the few models that also doubles as my Supra access key to properties - so now as I wait until next week to get my replacement, I mourn the loss of the freedom technology gave me. I miss my touch screen, my ease of texting, email and web access. If I want to check to see if I have an email, I must physically be in front of my computer.

I realize also that having a Realtor who is technology saavy is also a time saver for clients. Emails are received and responded to quickly. Communication can be in whatever media suits you - call, email, text or a combination. If you're driving around and see a property that's not on your list - no problem, just a quick search of the web reveals details in an instant. Contracts can even be viewed and discussed just using your phone. Rarely do you hear "I have to wait until I'm back in the office".
I guess when you interview a Realtor, a question you can ask is "How technology saavy are you?" It can make a world of difference and I can't wait until I'm back in those ranks.

Quick, Get Outside!

2010-05-08T08:10:00.001-05:00

With the forecast of lower humidity and cooler temperatures, today would be a great day to get outside and work in the yard. After tackling my inbox of emails, that is my goal. It was timely that this article was in my inbox and I thought I would share it with you.....

RISMEDIA, May 8, 2010—(MCT)—Want to make the planet a little greener? Look no farther than your own backyard—or, for that matter, your own front yard.

The U.S. is home to 32 million acres of lawn, or enough to cover the 100 largest U.S. cities almost twice, says Owen Dell, author of Sustainable Landscaping for Dummies. Lawns suck up 270 billion gallons of water a week and burn 800 million gallons of (mower) gas a year. And then there are the pesticides and the chemical-based fertilizers.

“I use this analogy,” Dell says. “If you take care of yourself—exercise, eat right, don’t drink too much alcohol, don’t use drugs—you’re going to have a much better chance of staying healthy. Similarly, if you keep the landscape healthy, whether it’s the lawn or anything else, you’re going to have fewer problems.”

How do you break free of the high-maintenance lawn care cycle? Drawing from interviews with Dell, Tom Christopher, editor of The New American Sustainable Garden (due out next year) and Annie Spiegelman, author of Talking Dirt assembled a list of basic tips to get you started.

1. Don’t overwater. Most people grossly overwater their lawns. Consider getting a free ‘water audit’ if your water company offers one, or just turn the sprinkler off and observe the results. If your grass doesn’t spring back when you step on it in the heat of the afternoon, it’s time to water. Watering four times a week is too much in most parts of the country.

2. Water deeply. It’s better to water deeply than frequently. Many lawns do well with 15 to 20 minutes at a time, once or twice a week. For maximum efficiency, give the water a chance to seep in: Water for 10 minutes, wait 20 minutes and then finish watering.

3. Get adequate coverage. If your sprinkler doesn’t cover a spot, you end up with a dry area or an overwatered lawn.

4. Give the soil breathing room. Aerate your lawn once or twice a year in the spring or fall with a gas- or foot-powered aerator. This loosens the roots and lets water and fertilizers penetrate.

5. Try a lush look. If you keep your grass 3 inches high, it will ‘shade out’ weeds, denying them the sun they need to grow and take over your lawn.

6. Reduce your lawn size. Less lawn means less watering. Consider a border planted with low-maintenance ground cover instead of grass.

7. Kick the chemical fertilizer habit. Don’t pump too many nutrients into your lawn. One fertilization with an organic fertilizer in early fall is plenty.

8. Go natural. Insecticides with ingredients such as vinegar and orange oil are sold at many nurseries and boiling water kills weeds.

9. Keep grass clippings. Rather than removing them, rake them gently over your lawn. They’re free and rich in the plant nutrient nitrogen.

10. Consider low-maintenance grass. Ask your local university extension program or agriculture department to recommend a low-maintenance grass (options include fine fescues and buffalograss) that grows well in your region. These easy-going grasses are designed for your region and will thrive with minimal water and mowing.

(c) 2010, Chicago Tribune.
Distributed by McClatchy-Tribune Information Services.

Tax Credit Gone - but Mortgage Rates Dip

2010-05-06T14:38:00.000-05:00

One of the benefits of being married to someone who likes to read internet articles is that many tidbits are passed on to me. It is like having my own private resource library who screens what is important. Today's tidbit is about mortgage rates.

Some buyers bemoaned the fact that they missed out on the Tax Credit which ended last week. I say "take heart". While the Tax Credit would help your pocket book in the future (next year to be exact), you can reap benefits this year saving you money. How? Well for one thing there are a lot of homes on the market - choice and comparison shopping helps you find a great value in a home. Another money saver is lower interest rates as shown in this link provided by my husband....

"Mortgage rates sink to six-week low - Rates for 30-year fixed mortgages have fallen to their lowest level in six weeks, Freddie Mac said Thursday.
http://www.msnbc.msn.com/id/7148582/ns/business-real_estate/from/ET

So if you think you missed out on the right time to buy, think again! Better yet, call me!

Beautiful Medical Center Living

2010-05-03T16:09:00.000-05:00

This one bedroom loft is availabe for $104,900 in the desirable Riverwalk Codominums. Located across from the VA hospital. It is close to Medical Center, Galleria, Reliant Park and Downtown. This updated condo is move in ready and you won't believe all The Riverwalk property has to offer. See for yourself!

How Does Your Garden Grow?

2010-04-22T13:09:00.001-05:00

It seems only fitting to switch from home talk to the backyard and talk about gardening. Having a vegetable garden is a wonderful way to get outside and have edible results. A few blogs back, I mentioned I had started my garden and I thought I would show you the progress.

I have learned that my enthusiasm to plant onion sets early resulted in beautiful plants with flowers, but no real use able onions (not shown because we pulled them out). The tomatoes are showing flowers and the peas pods are beginning to fill out. I am excited to see what I can harvest first.

I actually have two gardens. One behind my garage and the other in our patio off the kitchen. I'm becoming quite fond of container vegetable gardening. It is convenient and makes my porch look wonderful. I am very excited about my tomato plant. It sprouted from a wayward seed from the previous plant last year. In essence these will be fee tomatoes! Who can argue with that?

So I encourage you to get outside and garden. Whether it is in a container or raised vegetable bed in the ground, you will enjoy eating the fruit (or vegetable) of your labor.

Houston Medical Center Living

2010-04-21T13:56:00.001-05:00

Be the first to see this wonderful condo in the inner loop. Across from the VA Hospital and convenient to Medical Center, Galleria, Reliant Stadium and Downtown - UT shuttle and Metro are nearby. This one bedroom loft is updated and beautifully decorated with contemporary colors. The Riverwalk Condominium complex is beautiful too and features 3 pools, excercise room, club house, spa, sauna, 24 hour manned gate access, beautiful grounds and fountains throughout. For $104,900 you won't find a better deal. See for yourself at http://www.medicalcenterliving-2016.com/ or better yet, make an appointment today!

See for yourself!

2010-04-18T15:49:00.001-05:00

If you've missed our Open House, you missed seeing this wonderful Middlebrook home for yourself. See why it is an exceptional value. Call 713.817.5710 for an appointment today!

Taxes, Taxes and TAX CREDITS!

2010-04-15T09:38:00.000-05:00

It is tax deadline day. This day is only fun if you are receiving a refund - and honestly who waits until the deadline to RECEIVE money? That just doesn't make sense! As for me, I'm an early filer. I am always hopeful that maybe, just maybe I'll get money back. As my dependents continue to outgrow tax credit brackets, I have found that my "refund" is gobbled up in more taxes I need to save for next year. But still, I always hope.

While it seems we are surrounded by taxes, at this time we are also surrounded by tax credits. It just takes some poking around to find them. When it comes to extra money in your pocket, it is really worth investigating.....

HOMEBUYERS TAX CREDIT - I know, I know, I know, you are tired of hearing about it. I have already had countless blogs about it. However, it is such a large sum of money we are talking about I hate for anyone to miss out because of lack on information. This credit is for NEW and EXISTING homeowners for up to $8000 or $6500 respectfully. You MUST be under contract by April 30, 2010 to qualify (and close by June 30, 2010) - so if you have found that perfect house don't delay placing an offer. I would also encourage you to not go it alone - find a Realtor to expedite your search. Having a Realtor costs you nothing - and FREE is just as good as a credit right? For links and more information visit the tax credit link on my website - some restrictions do apply.

ENERGY TAX CREDITS - Yes we have all heard or experienced the debaucle of the Texas Rebate program. Personally, with some diligence by my husband, we are on the waiting list with 59,000 other Texans. (Quite honestly if you are going to have a waiting list of 59,000 why not just make it 60,000 so more people feel like they made it?) If you missed out on this, and most of you probably did, there is a Federal Tax Credit up to $1500 for certain energy saving windows, water heaters, air conditioning units and more. You can receive more information with details at the governments energystar website

I hope you will take advantage of either of these programs. Remember it doesn't make sense to wait until the deadline to take advantage of RECEIVING money!