Ashlee Renee Real Estate, Houston, TX (2026)

Name: Ashlee Renee Real Estate
Address: Houston, TX, 77058, US
Telephone: +15159747209

Dedicated to providing expertise and guidance, you'll be represented by a Realtor you can trust with the life-changing decision to buy or sell a home.

10/14/2022

One of the most important parts of home buying and selling is choosing your Realtor. That can be a daunting task when there are 26,900 agents in the Houston area alone. As one of those agents I'm going to give you a few tips for choosing the right agent for you. In the first part of this series, All About Agents, I want to bust a couple of the common myths surrounding Real Estate agents.

Myth #1:
All real estate agents are Realtors.

This is a very common misconception. In order for for an agent to be considered a Realtor, they must join the National Association of Realtors, or NAR, a group that has its own set of Ethics and guidelines that must be followed. In other words NAR members are held to a higher standard than agents who chose not to be a member.

Myth #2:
Real estate agents are like car sales men, they just want to get the biggest paycheck they can.

Real estate agents are NOT salesmen. At least, not the good ones. As Agents in Texas we are governed by TREC, which has a very strict Code of Ethics we must follow. This Code boils down to a simple rule: we have a fiduciary duty to work for our CLIENTS best interest. This rule is so important that an agent can actually lose their license if they are found to have put their own needs first. I like to simplify it like this: I am an AGENT not a SALESMEN.

There are many other myths about agents, but these are the main 2 that are important to choosing the right agent for you. Let me know if you have other questions about what agents do!

02/11/2022

Thinking about buying your first home, but don't know where to start? Join me on March 3rd for a class that will teach you everything you need to know to get started! Spots are limited, so please RSVP through Facebook, email, or phone.

01/10/2022

It's been a while! Let's do a Market Monday!

Last time we talked about how to tell what kind of market we are in. We also determined that we are currently in a sellers market. Today, I want to address the most common follow up question: if we are in a sellers market, why should I buy? It's a great question, so let me give you just a couple reasons why buying in a sellers market is a good idea.

First, mortgage interest rates are at a historic low. This means that even though home prices are high right now, it's possible to actually get a LOWER monthly payment than waiting until prices go down and interest goes up.

Second, being in a sellers market means there are more people looking to sell right now. That leads to more inventory, which in turn leads to more options for a buyer. Long story short you have a better chance of finding your DREAM HOME when there more choices available.

And lastly, waiting for the market to change can be a dangerous game. There's never any guarantee on how and when the market will change. What is for sure is that housing value goes up around 4% a year, which means that next year that home you waited to buy will be 4% more than it was last year. It also means that you lost 4% of profit from your home.

The final thought here is this: don't let the market deter you from buying. Buying is ALWAYS a good investment. Especially if your a first time home buyer.

12/06/2021

It's MARKET MONDAY again! Today I want to break down the difference between a buyers and sellers market.

When we first look at this the important factor to look at is the "months of inventory" (MOI) number. There are 2 ways to find this: 1) check out HARs market reports, and 2) do the math yourself! The market reports are good for giving you an overall view of the greater Houston area and its quick.

Buy what if you want a report for a specific city? Well, let me show you! You need 2 important pieces of information: the average homes sold a month, and how many homes are currently up for sale.

So let's look at League City. Right now there are 220 homes for sale. Last month 158 homes sold. Now I follow my MOI equation.

MOI= # of homes for sale ÷ # of homes sold in a month

MOI= 220 ÷ 158

MOI= 1.39

Now, that number is used to tell what kind of market we are in. Less than 6 months is a SELLERS market, and greater then 6 months is a BUYERS market. League City is currently a sellers market.

That being said, there are ALWAYS advantages to both buying and selling, which I'll talk about in a later post!

11/29/2021

Welcome to MARKET MONDAYS, where I give you a quick snap shot of Houstons current market!

As of October 2021 we are sitting in a sellers market with 1.8 months of inventory.

# of homes sold: 8,703 (down 5.2% from October of 2020)

Average price: $377,631 (down 13.1% from last year)

Days on the Market: 32 (down from 48 last year)

Did you know I can give you a snap shot of your own area? Markets can vary based on city and even neighborhood. If you would like a more personalized and specific market report, just reach out and let me know!

** information found on https://www.har.com/content/mls/?m=11&y=21 **

Address

Houston, TX
77058

Telephone

+15159747209

Website

http://Ashlee-erickson.kw.com/

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