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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About the Broker/Owner

Marcus Bruno

A licensed real estate broker with over 20 years of experience in the industry, beginning a career in 2000 as a real estate agent and earning a broker's license in 2010. Known for a strong passion for helping people find their dream homes and negotiating the best deals. Specializing in residential real estate with extensive knowledge of the local market and trends. In 2015, a move to Houston with family led to the opening of Bruno Fine Properties Inc in 2018—a real estate brokerage serving Spring and surrounding communities. A proud father of five beautiful girls and happily married to Malika Bruno since 2003. Outside of real estate, time is often spent with family, playing golf, and reading. Always eager to meet new clients and share valuable market knowledge.

Remarkable service for remarkable you!

testimonials

Marcus worked with me to purchase my first home in 2014 and it was a great experience. There were a lot of things I didn't know as a first time homebuyer, but with his extensive knowledge and guidance, I felt like an informed consumer. Marcus was very responsive, which is very important and reassuring during the home buying process. He took the time to explain every part of the process, including on closing day! I would highly recommend Marcus to anyone, and have, you will not be disappointed!

Natasha Romain

The presentation was basic enough that a novice could grasp the content, which is what I needed since I’m just getting started. I know the one on one personalized counseling isn’t probably part of your normal routine, but I found that part most helpful. Hearing advice and strategies from you and the loan officer helped me understand where I need to be. I have ready told my family and friends about the workshop! I think it is such a great value. Knowledge is power. In order to move smart, you have to know what’s going on. So, thanks again!

Nakischa Davis

When we decided to sell our home and look for a new one, we firmly resolved not to make any compromises and to settle only for the house we really wanted, with all the attributes we chose as ideal. We realized this would take a good while, and so we warned our agent that he needed to be very patient; we did not want to feel rushed. It took two whole years to find the house of our dreams and Mr. Bruno stayed the course all the way. He is like Job: perseverant to the end. Note that we only wrote one contract on a house, and it was for the one we bought, thanks to the help and guidance of our agent.

Cindy & Bruce Wein

Marcus was great! Courteous, professional, prompt, and knowledgeable would be a few words used to describe him. He made himself available when we needed him, and always responded to calls and text messages quickly. He is experienced and trustworthy. We highly recommend him!

RJ & Latoika King

I signed up Marcus to sell my house in Tomball TX in July 2017 based on all positive testimonials and just one phone conversation since I was remotely located (California). I had a positive vibe in that one single conversation. We had an offer in the making within a month - mid Aug 2017 when unfortunately my house flooded late August during Harvey. Marcus took the lead in arranging water remediation within hours of after water receded as well lined up all help to initiate repair of the house. He went above and beyond his role as a realtor to help me in that tough situation especially since I had already moved to California. We relisted the house for sale in Jan 2018 and the house was sold at the best possible price given the circumstances in mid-Feb. What I liked about Marcus - his in-depth experience and understanding of the market (18+ years of experience!), his immensely rational approach, his nature to work closely with the buyer and balance out things in all situations - flooding, repair, losing one buyer in Jan 2018 as the buyer could not qualify for loan and finally sealing the deal with another buyer in Feb 2018. Marcus stuck with me throughout the rough ride since Aug 2017 until Feb 2018. He guided me throughout to make the right decisions. At length, I say, I have earned a friend for life in him!! I would like to sincerely recommend Marcus for any real estate needs. I guarantee you will be very happy in doing so