North Houston Real Estate Market Decoded – April/May 2016

April 21, 2016

North Houston cites are experiencing growing inventories which are expected to lead to price declines in the near future although rates are still very low and expected to rise. The good news is there are lots of homes to choose from with relatively low competition in the higher prices ranges. Also, rents are decreasing in the city, and Houston is rated top 5 area in the country for first time buyers.

Sources
Had press release – http://www.har.com/content/mls/m=4&y=16&utm_source=HAR%2FMLS+Master+List&utm_campaign=715644b4f2-Janurary+2016-MLS+Release&utm_medium=email&utm_term=0_5c0a7c027d-715644b4f2-252745905

Realty Report – Boosted by Population Market is still stable
http://wp.me/p3R3qd-1gf

Realty Report – Houston Prime Market For First time buyers
http://wp.me/p3R3qd-1gh

Bizjournal – rents declining in houston
http://www.bizjournals.com/houston/morning_call/2016/04/report-houston-apartment-rent-decline-among.html?ana=twt

Texas A&M
https://assets.recenter.tamu.edu/Documents/Articles/2120.pdf

www.Bankrate.com
www.marketwatch.com/tools/pftools

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We really appreciated Marcus’s availability and how he treated us as if we were his only clients. Whenever we called on Marcus he gave us his undivided attention and answered all our questions right away. He was very patient with us and took his time in finding us the right house. Overall we would say his service is highly recommended and he is very knowledgeable at what he does. Marcus was very helpful with our needs and wants and in the end we found the perfect house.

Yolanda and Donnell Gaynor

Marcus helped my wife and I purchase our home in 2013 and the experience was amazing! We really benefited from his vast knowledge and expertise in real estate. Marcus has a way of taking the stress out of the home buying process through patience and willingness to answer all questions in detail, no matter how many times you ask the same question. From the initial consultation all the way to the closing table, there was a very relaxed, pleasant and worry- free vibe that he created. Marcus has proven to be not just a professional but a friend who cares and we appreciate him to the fullest!

Jon Mccoy

What struck me most was that when I asked a question, I got an honest response, and when the facilitators didn't know the answer, they knew where to look up the information and get back to us about it. One of the great aspects was that there was an attorney present to give answers "from a legal point of view". Lastly, the handouts were clear and concise--really helpful and not something to put away in a binder forever and always. I would recommend this seminar to anyone who is planning to buy or sell a home and is new to the world of real-estate.

Tamika and James Wright

The first thing I appreciate about the help you provided is your patience. It took a loooong time to find the house, and. through it all, you were very patient and would even challenge me to take a more thorough evaluation of my decisions rather than rush me into a house to close a deal.

I also appreciate your knowledge of the market. I was given an explanation of all of our options and the latest on new programs immediately in order to take advantage of them.

Musa Kposowa

We checked your website when looking for MLS listings, and found it to be very helpful. You answered all our questions and were quite knowledgeable about your area and about different loan programs. It would seem that you have a great rapport with the public, and you are definitely a people person. You made a significant difference; thank you for the help.