The Freund Group Real Estate Blog

Welcome to The Freund Group's blog spot! We are a real estate group with a combined total of over 50 years of experience helping buyers and sellers in all aspects of residential, commercial, as well as, investors, foreclosures and short sale transactions.  Whether you are thinking of buying or selling a home, our helpful resources and tips will help you through the process.

Our blog spot will feature stories of events around the Houston area, the housing market trends and the benefits of investing in Houston real estate. Please feel free to ask questions or voice a concern in the comment section. 

Oct. 11, 2019

League City Real Estate Market Report for September 2018- September 2019

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Oct. 11, 2019

La Porte Real Estate Market Report for September 2018- September 2019

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Oct. 11, 2019

Dickinson Real Estate Market Report for September 2018- September 2019

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Oct. 11, 2019

Clear Lake Area Real Estate Market Report for September 2018- September 2019

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Oct. 11, 2019

Pasadena Real Estate Market Report for September 2018- September 2019

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Oct. 7, 2019

Celebration Seabrook

 

Celebration Seabrook

Celebration Seabrook is scheduled for this Saturday October 12th from 11am-7:30PM at Meador Park in Seabrook. It’s going to be a beautiful weekend with cooler weather, and it will be a great time to be outside! Enjoy a day at Seabrook Celebration with music, art, and food.

Bring the whole family! There will be fun for all. Kids can enjoy bounce houses, a rock wall, unique attractions, face paintings, balloon animals, kids crafts, kids paintings, storytelling, performances and much more. All activities are free with admission.

Food will be abundant at the celebration.  You will be sure to find something yummy with 6 food trucks and concession items. Food vendors will include: Rolling Republic BBQ, Tasty Treats and Eats, Curbside Coonexan, Native Kettle Korn, Renegade Kitchen & Catering, Snowie Cool Bus, Mario’s Flying Pizza, The Backyard and Seabrook Classic Café.

Looking to buy something unique for a gift or for yourself? There will be plenty of vendors for fun, unique items. Vendors will include: Bay Area Creative Reuse, B. Marie’s Sea Glass Designs, The County Touch, Chloe by Design Jewelry, Glass by Mar, Simply Texas Crafts and Design, Kid Creations 4 Me, Amnil Designs, Carla Pairett-Parker, Vasaio-Ceramica, Brave Boutique, WLC Artistry and Design, Tiff’s Scentsy, Seabrook Lucky Trails, Seabrook Merchandise, Origami Owl, Good Sense Provisions, Greg’s Creations, and My Escape Creations.

Stick around for a fun time listening to live music. The line up will include:  Jack Ingram 6-7:30, Flatland Calvalry 4:30-5:30, Bubba Westly 3-4, The Ziggy Band 1:30-2:30.

Tickets are only $5 and kids 10 and under are FREE!  All activities and music are included with your admission ticket. If you purchase tickets at the gate using cash, you will only pay the $5 but if you chose to purchase your tickets with a credit card there is a $2.03 credit card processing fee. Event proceeds go back to the community.

Parking is free. Event-goers can park at Bay Elementary and Seabrook Intermediate. There will be complimentary golf cart service to and from the event.

For more information about Real Estate, Tips and Advice and Local Real Estate News check out our Facebook page! 

 

Posted in Local Events
Sept. 27, 2019

League City Fun Facts # 3

League City Fun Facts # 3

Did you know…………

League City is one of the overall best communities in the state?  The average annual household income for League City is more than $100,000.

League City is also rated as one of the best communities to live in due to strong school districts, high community public safety ratings, and abundant recreational activities.

As a premier community, residents have access to the waterfront, three golf courses, local shops and dining, outdoor activities and much more.

League City can also boast as being the third-largest boating anchorages in the United States.

League City offers a small-town feel with big-city amenities.

For more interesting facts about League City tune into to our “Did you know……” on our facebook business page.

Posted in Freund Group
Sept. 25, 2019

Is Your House “Priced to Sell Immediately”?

Is Your House “Priced to Sell Immediately”?

Is Your House “Priced to Sell Immediately”? | MyKCM

In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do.

According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the past two years, but have started to slow to 3.6% over the last 12 months. By this time next year, CoreLogic predicts home values will be 5.4% higher.

With prices slowing from their previous pace, homeowners must realize that pricing their homes a little over market value to leave room for negotiation will actually dramatically decrease the number of buyers who will see their listing (see the chart below).Is Your House “Priced to Sell Immediately”? | MyKCMInstead of the seller trying to ‘win’ the negotiation with one buyer, they should price their house so the demand for the home is maximized. By doing so, the seller will not be negotiating with a buyer over the price, but will instead have multiple buyers competing with each other over the house.

The secret is making sure your house is Priced To Sell Immediately (PTSI). That way, your home will be seen by the most potential buyers. It will sell at a great price before more competition comes to the market.

Bottom Line

If you're debating listing your house for sale, let’s get together to discuss how to price your home appropriately and maximize your exposure.

For more information about Real Estate, Tips and Advice and Local Real Estate News check out our Facebook page! 

Posted in Tips for Sellers
Sept. 25, 2019

One of the Top Reasons to Own a Home

One of the Top Reasons to Own a Home

One of the Top Reasons to Own a Home | MyKCM

One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on the home. The difference between the value of the home and what you owe is called equity.

If your home has appreciated since the time you purchased it, that increase in value also raises your equity. Over time, the equity in your home could be substantial. Recently, CoreLogic revealed that the average homeowner gained more than $65,000 in equity over the last 5 years.

Unlike the last decade, homeowners are no longer foolishly tapping into that equity. In 2006-2008, many owners used their homes like an ATM by pulling equity out to purchase new cars, jet skis, or lavish vacations. They were pulling out cash (equity) from an appreciating asset, and then spending it on rapidly depreciating items. That is not happening anymore.

Over 50% of Homes Have at Least 50% Equity

The number of homeowners that currently have at least 50% equity in their home is astonishing. According to the Urban Institute, 37.1% of all homes in the country are mortgage-free. In a home equity studyATTOM Data Solutions revealed that of the 62.9% of homes with a mortgage, 25.6% have at least 50% equity. That number has been increasing over the last five years:One of the Top Reasons to Own a Home | MyKCMBy doing a little math, we can see that 53.2% of all homes in this country have at least 50% equity right now. Of all homes, 37.1% are mortgage-free and an additional 16.1% with a mortgage have at least 50% equity.

Bottom Line

Homeownership is different than renting. When you own, your housing expense (the mortgage payment) comes back to you in the form of equity in your home. That doesn’t happen with your rent payment. Your rent helps build your landlord’s equity instead.

For more information about Real Estate, Tips and Advice and Local Real Estate News check out our Facebook page! 

Posted in Tips For Buyers
Sept. 25, 2019

Should You Fix Your House Up or Sell Now?

Should You Fix Your House Up or Sell Now?

Should You Fix Your House Up or Sell Now? | MyKCM

With the fall season upon us, change is in the air. For many families, children are growing up and moving out of the house, maybe leaving for college or taking a jump into the working world. Parents are finding themselves as empty nesters for the first time. The question inevitably arises: is it finally time to downsize?

If you’re pondering that thought, you may also be wondering if you should fix-up your house before you sell it, or go straight to the market as-is, allowing a potential buyer to do the updates and remodeling. If you’re one of the many homeowners this camp, here are a few tips to help you decide which way to go.

1. Analyze Your Market

A real estate professional can help you to understand your market and the potential level of buyer interest and demand for your home. Are you in a seller’s market or a buyer’s market? This can change based on the price range of your home, too. A professional can also give you some insight on what you can change or remodel, and how to declutter your house to make it attractive to buyers in your area.

2. Get an Inspector

Right now, the average length of time a family stays in a home is between 9-10 years. That’s a little longer than the historical average, so if you’ve been living in your home for a while, it might be time to make some significant improvements. Think: electrical system, HVAC units, roof, siding, etc. An inspector can give you a better idea of the condition of your home, if it is up to current code standards, and recommendations on how to have your house ready before you put it on the market.

3. Decide If You Need to Remodel

You may also be thinking about driving buyer appeal with something like a kitchen or a bathroom remodel. If so, first dig into the market value of your home, and compare it to the actual cost of the remodel. A local real estate professional can help you determine your home’s market value, and you’ll want to get a few quotes from contractors on the potential remodel pricing as well. Once you have those two factors narrowed down, you can to decide if a remodel will give you a return on your investment when you sell. Oftentimes, it is actually more advantageous to price your house to sell, list it competitively, and then let the buyer pick the colors they want for their bathroom tiles and the type of countertop they prefer. The 2019 Cost vs. Value Report in Remodeling Magazine compares the average cost for remodeling projects with the value those projects typically retain at resale.

Bottom Line

Nationwide, inventory is low, meaning there is less than the 6-month housing supply needed for a normal market. This drives buyer demand, creating a perfect time to sell. If you’re considering selling your house, let’s get together to help you confidently determine what will be the best choice for you and your family.

For more information about Real Estate, Tips and Advice and Local Real Estate News check out our Facebook page! 

 

Posted in Tips for Sellers