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Archive for January, 2017|Monthly archive page

One Story in Gated Section of Parkway Villages – 1146 Sienna Hill Drive -MLS# 65560531

In Buying a Home, Houston Energy Corridor, Houston Real Estate Agent, Parkway Villages, Real Estate Investment, Selling your home, Uncategorized on January 27, 2017 at 10:42 am

One Story in Gated Section of Parkway Villages – 1146 Sienna Hill Drive -MLS# 65560531

1146 Sienna Hill DriveBeautiful one story gated section Parkway Villages Sienna Cove. Open floor plan, with high ceilings and wood floors in all living areas. Island kitchen with gas cooktop and corian countertops opens to spacious living area with wall of windows for abundant natural light and beautiful garden views. New tile and carpet bedrooms and bathrooms. Two bedrooms plus private study with built-ins that could be 3rd bedroom. Retreat to your huge master suite with jetted tub and separate shower. Relaxing back patio. Walking distance to Terry Hershey Park, Energy Corridor shops and restaurants.

HAR Link: http://www.har.com/1146-Sienna-Hill-Drive/sale_65560531

Do you have real estate questions?   Contact Connie Vallone at (713) 249-4177 or connie@knowsrealestate.com or visit www.houstonenergycorridorhomes.com  or www.vallonehomes.com.

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10 Ways to Be More Energy Efficient at Home

In Buying a Home, Home Upgrades, Houston Energy Corridor, Houston Real Estate Agent, new homes houston energy corridor, Real Estate Investment, Selling your home on January 26, 2017 at 2:17 pm

We all want to save money while helping the environment, and one simple way to do that is to scrutinize your energy usage at home. Here are 10 easy, low-cost tips for making your house operate more efficiently.

1. Insulate the water heater. Older natural gas storage water heaters can lose a lot of heat through their walls. Wrapping a heater in an insulating jacket can prevent excess heat loss and energy waste, but should be left to a professional installer so as not to accidentally cover the top, bottom, thermostat or burner compartment.

2. Seal leaks with weatherstripping. Air sealing, specifically weatherstripping, eliminates drafts to save energy while improving air quality and comfort. Weatherstripping reduces air leakage by creating a tight seal between movable components such as doors and windows. Before application, detect air leaks and assess the ventilation. Find air leaks through a blower door test from a qualified technician, or by inspecting inside and outside the home.

3. Insulate water pipes. Insulate hot water pipes to reduce heat loss and keep the water from cooling off before it reaches the tap. Adding insulation also will prevent cold water pipes from freezing.

4. Replace or clean the furnace filter. Change the heating system’s furnace air filter on a regular basis to keep air flowing without overworking equipment. This also keeps out dust and dirt that can lead to expensive repairs or early system failure. A clean furnace filter can lower natural gas consumption by up to 2 percent.

5. Use less hot water. Reducing hot water use is an easy, affordable way to see significant savings on energy and water bills. Run the automatic dishwasher only when full, and wash and rinse full loads of laundry in cold water. Install low-flow showerheads, and don’t forget to check for and repair plumbing leaks.

6. Use ceiling fans. Save on heating costs by using an ENERGY STAR® certified ceiling fan, which helps warm air circulate better and allows for setting the furnace temperature lower.

7. Install a programmable or smart thermostat. Programmable and smart thermostats can lower heating expenses and fit any lifestyle. Set the thermostat at 68 F, and then program it to decrease the temperature 8 degrees when no one is home and overnight. Smart thermostats are similar to programmable thermostats, but they also perform more advanced functions. A smart thermostat allows you to monitor and control the temperature in your home remotely from your smartphone or other web-enabled device.

8. Look for ENERGY STAR. If purchasing a new appliance, make it an ENERGY STAR rated appliance. For instance, an ENERGY STAR certified refrigerator uses less energy than a regular 75-watt light bulb.

9. Lower the water heater thermostat. Set your water heater thermostat to 120 F to save energy and money. For most homeowners, storage water heaters set above 120 F are simply using more energy without providing any additional benefits. One set to even 140 F can waste $36 to $61 annually in standby heat loss, and more than $400 in demand loss. Be sure to turn down the water heater when going on vacation to avoid energy waste.

10. Be smart with the fireplace. Open-hearth fireplaces draw heated air from inside the home, sending it up the chimney. When using the fireplace, install a snug-fitting set of glass doors and crack open a nearby window. Doing so reduces the amount of heated interior air drawn into the fireplace and improves efficiency by up to 20 percent.Source: Peoples Gas RISMedia Tracking Snippet *** Do Not Remove *** End RISMedia Tracking Snippet

Reprinted with permission from RISMedia. ©2017. All rights reserved.

If you are looking for Classic Real Estate Services from concept to closing, please contact Connie Vallone by phone (713) 249-4177, email connie@knowsrealestate.com or visit my website at www.houstonenergycorridorhomes.com or www.vallonehomes.com .

2017 to See Slight Showing of Home Price Movement

In Buying a Home, Home Values, Houston Energy Corridor, Houston Real Estate Agent, Real Estate Investment, Selling your home on January 19, 2017 at 4:25 pm

Subdued home price growth estimates for 2017 are increasing as end-of-year data becomes available, indicating a slight showing of movement in the year ahead. 

CoreLogic, most recently, bumped up its price projection to 4.7 percent year-over-year based on November 2016 prices, which were 1.1 percent higher month-over-month and 7.1 percent higher year-over-year. The 4.7 percent projection is an increase from CoreLogic’s 4.6 percent projection given in October.

“Last summer’s very low mortgage rates sparked demand, and with for-sale inventories low, the result has been a pick-up in home price growth,” says Dr. Frank Nothaft, chief economist for CoreLogic. “With mortgage rates higher today and expected to rise even further in 2017, our national Home Price Index [HPI] is expected to slow to 4.7 percent year-over-year by November 2017.”

Mortgage rates exceeded 4 percent for the first time in 2016 at the end of November, and have continued to tread upward since, with the Federal Reserve’s decision to raise the key interest rate in December impacting the climb. The 30-year fixed-rate mortgage closed out 2016 at an average 4.32 percent, according to Freddie Mac.

Demand seen in the summer did not let up at the end of the year, during what would typically be a slow season for housing activity, says Jonathan Smoke, chief economist of realtor.com®.

“Since the election, demand seems to have intensified, possibly in reaction to a jump in mortgage rates, Smoke said in a recent data preview. “Now buyers seem to feel a sense of urgency as they face the threat of rates that may approach multi-year highs in the months ahead.”

Home prices, as measured by the CoreLogic Index, are expected to grow beyond their pre-recession peak by the end of this year.

“Home prices continue to march higher, with home prices in 27 states above their pre-crisis peak levels,” says Anand Nallathambi, president and CEO of CoreLogic. “Nationally, the CoreLogic Home Price Index remains 4 percent below its April 2006 peak, but should surpass that peak by the end of 2017.”

Source: CoreLogic RISMedia Tracking Snippet *** Do Not Remove *** End RISMedia Tracking Snippet

Reprinted with permission from RISMedia. ©2017. All rights reserved.

Do you have real estate questions?   Contact Connie Vallone at (713) 249-4177 or connie@knowsrealestate.com or visit www.houstonenergycorridorhomes.com  or  www.vallonehomes.com.

NEW LISTING! 1007 Forest Home Drive, Houston, TX 77077 – MLS# 79788694

In Buying a Home, Home Upgrades, Houston Energy Corridor, Houston Real Estate Agent, Real Estate Investment, Terry Hershey Park on January 12, 2017 at 7:39 pm

NEW LISTING! 1007 Forest Home Drive, Houston, TX 77077 – MLS# 79788694

1007 Forest Home DrBeautifully remodeled one story in desirable Energy Corridor neighborhood. Huge family and dining area lead to private covered patio. Stunning Chefs kitchen with new stainless steel appliances and marble tops. All bathrooms remodeled. Plus Bonus room! New exterior/interior paint hardiboard, Low-E windows, new tile, carpet and custom cabinets throughout. Steps from pool/playground/tennis courts and Terry Hershey park trails. Excellent schools Barbara Bush, John Paul and Village are all near. Please see full list of upgrades online.

HAR Link: http://www.har.com/1007-Forest-Home-Drive/sale_79788694

If you are interested in buying or selling real estate in West Houston, please contact Connie Vallone with First Market Realty at 713 249 4177  or visit www.houstonenergycorridorhomes.com  or www.vallonehomes.com .

Mortgage Rates Take ‘Breather’ from Year-End Sprint

In Buying a Home, Home Values, Houston Energy Corridor, Houston Real Estate Agent, Real Estate Investment, Selling your home on January 10, 2017 at 7:29 pm

Mortgage rates on average took a ‘breather’ from their year-end sprint this week, with the 30-year fixed-rate mortgage averaging 4.20 percent with an average 0.5 point, down from last week’s 4.32 percent, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®).

“The 30-year mortgage rate fell this week for the first time since the presidential election, dropping 12 basis points to 4.20 percent,” says Sean Becketti, Freddie Mac chief economist. “This marks the first time since 2014 that mortgage rates opened the year above 4 percent. Despite this week’s breather, the 66-basis point increase in the mortgage rate since November 3 is taking its toll—the [Mortgage Banker Association]’s refinance index plunged 22 percent this week.”

 The 15-year fixed-rate mortgage averaged 3.44 percent with an average 0.5 point this week, also down from last week’s 3.55 percent, according to the survey. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.33 percent with an average 0.4 point, up from last week’s 3.30 percent.

Mortgage rates surpassed 4 percent for the first time since 2015 in November, continuing to climb through the end of the year.

For more information, please visit www.freddiemac.com. RISMedia Tracking Snippet *** Do Not Remove *** End RISMedia Tracking Snippet

Reprinted with permission from RISMedia. ©2017. All rights reserved.

Do you have real estate questions?   Contact Connie Vallone at (713) 249-4177 or connie@knowsrealestate.com or visit www.houstonenergycorridorhomes.com  or  www.vallonehomes.com.

NEW LISTING! 1514 Ashford Hollow Lane, Houston, TX 77077 – MLS# 87660283

In Buying a Home, Home Upgrades, Home Values, Houston Energy Corridor, Houston Real Estate Agent, Real Estate Investment, Selling your home, Terry Hershey Park on January 6, 2017 at 9:09 pm

NEW LISTING! 1514 Ashford Hollow Lane, Houston, TX 77077 – MLS# 87660283

1514 Ashford Hollow LnBeautifully updated home on quiet cul-de-sac in the heart of energy corridor walking distance to Terry Hershey Park. Study and dining areas lead to family room and kitchen with hand scraped wood and travertine floors. Chefs’ kitchen with granite countertops, gas cooktop and new Stainless Steel appliances. Smart home locks, lights and thermostat, double paned windows. Spacious family room with wet or wine bar and views to your own private oasis backyard with mature shady trees and sparkling pool. Too many updates to list please see attached list.

HAR Link: http://www.har.com/1514-Ashford-Hollow-Lane/sale_87660283

If you are interested in buying or selling real estate in West Houston, please contact Connie Vallone with First Market Realty at 713 249 4177  or visit www.houstonenergycorridorhomes.com  or www.vallonehomes.com .