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Archive for February, 2017|Monthly archive page

NEW LISTING! 1534 Ashford Hollow Lane, Houston, TX 77077 – MLS# 57902715

In Buying a Home, Home Values, Houston Energy Corridor, Houston Real Estate Agent, new homes houston energy corridor, Real Estate Investment, Selling your home, Terry Hershey Park on February 17, 2017 at 8:29 pm

1534 Ashford Hollow LaneBeautiful completely remodeled one story in desirable Ashford Forest! Step into your new home with a generous extra room and dining area or study that leads to family room with high ceilings that opens to kitchen with granite counters and Stainless Steel appliances. Well-appointed remodeled master suite with hardwood floors plus 3 more bedrooms with fully remodeled guest bath. Relax on your backyard patio with beautiful pavers and sprinkler system installed 2014. Air Conditioner compressor new in 2013,Water heater new in 2016, new sewer line and master plumbing updated 2016, Roof new in 2016. See brochure for all upgrades.

HAR Link: http://www.har.com/1534-ashford-hollow-lane/sale_57902715

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 .

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Home Prices Climb in Unseasonable Winter

In Buying a Home, Home Values, Houston Energy Corridor, Houston Real Estate Agent, Real Estate Investment, Selling your home on February 16, 2017 at 4:20 pm

It has been an unseasonably hot winter in housing as home prices hike higher, according to Clear Capital’s recently released Home Data Index (HDI) report, showing national quarterly home price growth at 0.9 percent.

Regional quarterly price growth, per the report, was mixed: 0.7 percent in the Northeast, an increase; 0.8 percent in the Midwest, a decrease; and 1.0 percent in the South and West, unchanged. Home prices in 16 of the top 50 largest metropolitan areas—which contain one-third of the nation’s housing stock—have moved past bubble-era peaks. The result, according to Clear Capital Vice President of Research and Analytics Alex Villacorta, is a majority-shift toward positive equity.

“Following several rounds of healthy, peak-season summer growth, winter gains thus far this season have remained relatively healthy across much of the country,” says Villacorta. “As prices have continued to climb in the long term during the post-housing crash, the large portion of the housing market that has been frozen in negative equity has shrunk significantly—meaning that an increasingly large portion of previously underwater homeowners may now have the option of entering the market.”

The market in Portland, Ore., which saw the highest home price growth in the nation in 2016, continues to rank at the top of metropolitan areas measured in the report, growing 2 percent quarter-over-quarter. Another booming market, however—San Jose, Calif.—saw negative quarterly price growth, down 0.3 percent. Hartford, Conn., saw identical negative growth.

Forty percent of homeowners who bought a house during the bubble will regain equity by the end of this year, according to the report, provided prices mirror 2016 movement.

“While the expected spring housing boost is still months away, an influx of fresh new demand on the market could further boost growth potential later this year—as long as there are no other shocks to the market,” Villacorta says.

Source: Clear Capital

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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.

Five Housing Markets on the Verge of a Tech Boom

In Buying a Home, Home Values, Houston Energy Corridor, Houston Real Estate Agent, Investment Real Estate, Real Estate Investment, Selling your home on February 9, 2017 at 4:12 pm

The hottest housing markets have one determining factor in common: employment opportunities. Cities with jobs in growing fields draw incoming residents in droves—and none is more in-demand currently than technology. Which markets will tech next make its mark in?

A recent survey by Modis, an IT staffing services provider, identified the housing markets on set to be transformed by technology. The top 5:

1. Chicago

2. Houston

3. Boston

4. Denver

5. Philadelphia 

Fifty-one percent of those surveyed ranked Chicago as the top tech hot spot of the future. The Windy City is likely to attract younger professionals who have worked in technology 5 years or less, according to the survey.

 Houston and Boston ranked second and third, respectively, with 47 percent and 43 percent of the vote. Houston is likely to attract a range of professionals, from those who have not completed a college degree to those who have worked in technology for more than 10 years. Boston, like Chicago, is likely to attract younger professionals, aged 26-34.

 Denver, which has seen home prices appreciate at an above-average rate since the recession, was ranked fourth at 36 percent. (Denver, as well, was recently named the No. 1 emerging tech hub by Homes.com.) Philadelphia, at 31 percent, also made the top five.

 Other up-and-coming technology-driven markets, according to the survey, include Dallas, Detroit and Omaha. 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 .