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

I am a licensed real estate broker with over 20 years of experience in the industry. I started my career in 2000 as a real estate agent, and in 2010 I became a broker. I have a passion for helping people find their dream homes and negotiate the best deals. I specialize in residential real estate, and I have extensive knowledge of the local market and trends. In 2015, I moved to Houston with my family and in 2018 opened Bruno Fine Properties Inc, a real estate brokerage that serves the Spring area and surrounding communities. I am a proud father of five beautiful girls, and I have been happily married to my wife Malika Bruno since 2003. When I am not working, I enjoy spending time with my family, playing golf, and reading. I am always eager to meet new clients and look forward to sharing my knowledge.

Remarkable service for remarkable you!

testimonials

I purchased my 2nd home in 2011 with the help from Marcus. I had just went through a divorce and was ready to move on. Marcus held a home buying seminar and that's where I met him. We talked about what I wanted and what I needed to purchase a home. He was patient, knowledgeable of how the realtor marketing worked. We started the process and within 4 months I went to settlement. I set a goal of how much I wanted to spend and the size of house I wanted and he delivered. He kept in touch with me everyday with house listing, emails and phone conversation and he was "HONEST". The one thing you need to feel when spending your money. I have recommended him to people and I still recommend him today. He enjoys his work and making people happy. Thank you Marcus, Ms. Richardson

Paulette Richardson

Marcus is a fast worker and reliable. I loved the electronic document service you used; it was super convenient for me considering I was in school and always on the go and unable to make it a office. And Marcus was always there to calm me down when things were getting complicated and frustrating, things expected in the real estate business.

Celia Lewis

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

Avinash Taware

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.

Benita Stafford

If it wasn't for Marcus Bruno, my real estate agent, I would not have found this house. Marcus has been working with me for over a year trying to find the right house. Marcus never at any time complained or hurried me in any way. The man is patient and understands that the house has to click in order for the client to be happy. Came close to quitting but Marcus helped me through the rough times. Thank you Marcus.