The Andres Jones Team

12/20/2022

Mortgage Rates Are Dropping. What Does That Mean for You?

Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy.

Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), explains it well by saying:

“Mortgage rates dropped even further this week as two main factors affecting today's mortgage market became more favorable. Inflation continued to ease while the Federal Reserve switched to a smaller interest rate hike. As a result, according to Freddie Mac, the 30-year fixed mortgage rate fell to 6.31% from 6.33% the previous week.”

So, what does that mean for your homeownership plans? As mortgage rates fluctuate, they impact your...


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Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist and Director of Forecasting at ...

12/19/2022

Where home prices have been rising fastest in Texas

Andres M Jones is a real estate agent with JPAR - The Sears Group. Check out Andres M Jones's listings or office listings.

12/18/2022

Texas condominium and townhome sales stabilize, median price rises from 2021 to 2022
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Classified in: Business Subjects: PDT , SVY , HSP , DEI Texas Realtors releases 2022 edition of Texas Condominium Sales Report AUSTIN, Texas, Nov. 29, 2022 /PRNewswire/ -- Texas condominium and townhome remained steady between July 2021 and June 2022, compared to the same period the previous year, a...

12/17/2022

2023 Housing Market Forecast [INFOGRAPHIC]

From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, DM me so you understand where the housing market is headed in 2023.


Contact Me with any of your real estate questions

Some Highlights From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing market is headed in 2023.

12/16/2022

Planning to Retire? It Could Be Time To Make a Move.

If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs.

Here are a few things to think about when making that decision.

>>Consider How Long You’ve Been in Your Home

From 1985 to 2008, the average length of time homeowners typically stayed in their homes was only six years. But according to the National Association of Realtors (NAR), that number is rising today, meaning many homeowners are living in their houses even longer.

If your current home no longer meets your needs, you may have better options waiting for you.

>>Consider the Equity You’ve Gained

Additionally, if you’ve been in your home for more than a few years, you’ve likely built up...


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If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs.

12/15/2022

You May Have More Negotiation Power When You Buy a Home Today

Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown.

And with less competition comes more opportunity. Here are two trends that may be the news you need to reenter the market.

>>1. The Return of Contingencies

Over the last two years, more buyers were willing to skip important steps in the homebuying process, like the appraisal or the inspection, in hopes of gaining an advantage in a bidding war. But now, things are different.

The latest data from the National Association of Realtors (NAR) shows the percentage of buyers waiving their home inspection or appraisal is down.

This doesn’t mean we’re in a...


Contact Me with any of your real estate questions

Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined mean you may see less competi...

12/14/2022

Maybe you've outgrown your current home, or maybe you're ready to move from renter to homeowner – whatever your reasons if you've got "a new home" on your wish list this year I can help!

12/14/2022

Ready To Sell? Today’s Housing Supply Gives You Two Opportunities.

At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market.

An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent years. It shows supply has surpassed 2021 levels by 58%. But the further back you look, the more you’ll understand the bigger picture. And if you go all the way back to 2019, the last normal year in real estate, we’re roughly 35% below the housing supply we had at that time.

Opportunity #1: Take Advantage of More Options for Your Move

If your current house no longer meets your needs or lacks the space and features you want, this inventory growth gives...


Contact Me with any of your real estate questions

At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market.

12/13/2022

What Every Seller Should Know About Home Prices

If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know.

>>What’s Really Happening with Home Prices?

It’s possible you’ve seen news stories mentioning a drop in home values or home price depreciation. But what headlines aren’t always great at is painting the full picture.

While home prices are down slightly month-over-month in some markets, it’s also true that home values are up nationally on a year-over-year basis.

This is what the headlines are drawing attention to today.

While home price growth is moderating month-over-month, the percent of appreciation year-over-year is still well above the home price change...


Contact Me with any of your real estate questions

If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know.

12/11/2022

Congratulations to my buyers who bought this assisted living facility that is already fully functional. Not only do I sell residential but also commercial real estate. Give me a call at 832-883-0375 if you would like to buy or sell residential or commercial real estate.

12/10/2022

How much do you need to make to afford a house in Houston
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According to the real estate company, the nationwide average annual salary Americans need to buy a median-priced home rose 45.6% from a year ago to $107,281 this October. In fact, Redfin’s analysis shows that homebuyers in at least 45 metro areas need to earn at least $100,000 a year to afford a m...

12/10/2022

Reasons To Sell Your House This Season [INFOGRAPHIC]

If you’re planning to make a move but aren’t sure if now’s the right time, here are a few reasons why you shouldn’t wait to sell your house. The supply of homes for sale, while growing, is still low today. Plus, serious buyers are out looking right now, and many are hoping to avoid falling into the rental trap for another year. DM me to determine if selling your house before the new year is the right move for you.


Contact Me with any of your real estate questions

Some Highlights If you’re planning to make a move but aren’t sure if now’s the right time, here are a few reasons why you shouldn’t wait to sell your house. The supply of homes for sale, while growing, is still low today. Plus, serious buyers are out looking right now, and many are hoping to...