Drew's Homes & Rentals

Drew's Homes & Rentals Buying properties in the HOUSTON area. Buy, sell, Lease, Invest. We do it all. Real Estate agent with Texas United Realty & House of Hawley Realty, NJ

🚨Mortgage rates are increasing🚨📈 interest rates are predicted to go back to how they were in 2019 throughout the rest of...
02/19/2022

🚨Mortgage rates are increasing🚨📈 interest rates are predicted to go back to how they were in 2019 throughout the rest of this year. Expect a slow down for demand in the market.

This 4Plex was Bringing in roughly 4k a month💸 and after about 7k in renovations to the units, the new owner will making...
02/11/2022

This 4Plex was Bringing in roughly 4k a month💸 and after about 7k in renovations to the units, the new owner will making an additional $500 on top of that when it’s fully leased out. In for around 87k, the new owner will make around a 15-18% Cash on Cash return depending on maintenance.

📲Give me a call if you’d like me to break down the numbers further 832-377-1650

How to properly welcome new tenants🥂📲Call to lease or own today! 832-377-1650 ...
01/26/2022

How to properly welcome new tenants🥂

📲Call to lease or own today!
832-377-1650

Recent trends in the Houston area🏙 We’ve been seeing a lot of activity around the heights/Northside village area and dow...
11/26/2021

Recent trends in the Houston area🏙 We’ve been seeing a lot of activity around the heights/Northside village area and down near the universities between Rice and UofH.

📲Call with questions about the market! 832-377-1650

Call to lease today!🏡 📲832-377-1650homes
11/14/2021

Call to lease today!🏡

📲832-377-1650
homes

Avoid paying Capital Gains tax👎 Make sure to homestead your house to show its your primary residence. All you have to do...
10/26/2021

Avoid paying Capital Gains tax👎 Make sure to homestead your house to show its your primary residence. All you have to do is wait 2 years and any money the home makes is tax free.

📲Call me any questions! 832-377-1650

This cash flowing property in Houston is making roughly $1,300/month PROFIT💸Currently worth around 300-310k, an interior...
09/23/2021

This cash flowing property in Houston is making roughly $1,300/month PROFIT💸Currently worth around 300-310k, an interior remodel would push profits to around $1,700/M with rent increase. In at 70k, the new owners will be making close to a 30% ROI (cash on cash return on investment)

📲 Call me if you’re looking to invest in Houston or New Jersey!
832-377-1650

It’s still a good time to buy!🏡 Property value is predicted to appreciate in the double digits the next 3 years. Althoug...
09/18/2021

It’s still a good time to buy!🏡 Property value is predicted to appreciate in the double digits the next 3 years. Although the delta variant is lurking in the shadows, house prices are here to stay and will keep booming for the next few years as more and more people are looking to get their first home. It is still a good time to buy if you can find anything!

📲Call me if your looking to buy or sell in NJ or TX! 832-377-1650

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“In June 2021, home prices across the U.S. surged 24.8% year-over-year — to a median sale price of $386,888 — according ...
09/18/2021

“In June 2021, home prices across the U.S. surged 24.8% year-over-year — to a median sale price of $386,888 — according to Redfin. During the same time period, the number of homes sold increased 20.6% and the number of homes for sale tumbled 39.6%.”

“The real estate market in the first half of 2021 bore the surging demand from a millennial reshuffling,” said Greg Toschi, CEO of Poplar Homes, a California-based real estate technology and services company. “Millions of older millennials are creating families and were planning to buy a home in 2022 to 2025.”

“If the COVID Delta variant leads to further lockdowns and quarantines, the real estate market will probably behave in a similar way as the last lockdown,” he said. “Though I’m not sure it will deter buyers who built up a lot of motivation during quarantine.”

Interest rates have fallen again this month despite predictions of them going up soon. Unless the Delta variant causes another lockdown, expect home prices to continue rising.



Sources:
https://finance.yahoo.com/amphtml/news/housing-market-forecast-rest-2021-120012710.html

https://www.cnet.com/personal-finance/mortgages/todays-mortgage-rates-for-sep-15-2021-rates-decreased/

Despite what you might think, the market is not going to be crashing anytime soon🏠📈 Here’s a quick breakdown of why it i...
08/05/2021

Despite what you might think, the market is not going to be crashing anytime soon🏠📈 Here’s a quick breakdown of why it isn’t as I’ve been receiving a lot of questions.

1. People who have loans now are qualified. Back in 2008 when the market crashed, lenders did not have the same restrictions they do now when handing out loans. Millions of homeowners were being foreclosed on. Today, there is not nearly as many delinquencies.

2. Inflation. The pandemic has caused the government to print more money than ever before. Everything is going up in price, not just the housing market.

3. Supply and demand. We are at a record low inventory since we started recording the amount of listings on the market in 1980. There are usually about 2 1/2 million listings at a time in the US, right now it’s down to about 1 1/2 million. No one wants to sell as people are enjoying their home appreciating and staying put due to the pandemic.

4. Low interest rates. We are at record low rates for 30 year and 15 year mortgages. Who wouldn’t want to buy right now???

5. Millennials. It’s obvious the population is rapidly growing, but especially right now you’re starting to see the huge wave of first time homebuyers coming into the market. More and more people are coming into this world and need housing! Rents are starting to become pricier than buying a home.

If you combine everything together you get skyrocketing home prices that are predicted to last the next 2-4 years in most areas (especially Texas, Florida, Arizona, and Nevada). Now is the best time to buy, don’t wait for the “bubble” to burst as the market is only going to rise. Expect double digit appreciation the next few years and then for the market to level off. The only thing that is going to level off the market is higher interest-rates, which won’t suddenly increase. Interest rates, when they do increase, will slowly rise. Don’t hesitate to buy right now. You won’t see prices the same in the next few years. Don’t think your rent will stay the same price either.

📲I like to talk, give me a call with any questions. 832-377-1650

The housing bubble is not popping anytime soon, at least not in Houston🏡 Houston homes are predicted to appreciate in do...
07/14/2021

The housing bubble is not popping anytime soon, at least not in Houston🏡 Houston homes are predicted to appreciate in double digits the next 3 to 4 years. Buy what you can find!

📲Call me if you have any questions about the market! 832-377-1650

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It’s still a good time to buy!🏡 Property value is predicted to appreciate in the double digits the next 3 years. Althoug...
06/27/2021

It’s still a good time to buy!🏡 Property value is predicted to appreciate in the double digits the next 3 years. Although lumber prices are going down, house prices are here to stay. It is still a good time to buy if you can find anything!

📲Calm me if your looking to buy or sell in NJ or TX! 832-377-1650

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5280 Caroline Street
South Houston, TX
77004

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