2 Locations to Better Serve You
19510 Kuykendahl Rd.
Ste B - Spring, TX 77379
10766 FM 1097 - Willis, Texas 77318
Spring Location: 281-370-5100
Willis Location: 936-202-3131
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Texas Sentinels Mission

About the Texas Sentinels Foundation

PROVIDE DEBT-FREE HOUSING
We believe taking this burden will allow wounded military veterans to focus on recovery.

UNITE LOCAL COMMUNITY TO SERVE
Bringing the community together creates a lasting bond with the wounded military veterans & his/her family.

COUNSELING & FINANCIAL STEWARDSHIP
By helping the wounded military veteran with rehabilitation and financial training, we are providing them with life skills.

PROVIDE LASTING MENTORSHIP
While adjusting to their new life, the wounded military veteran will need the continued support of their team.

The Texas Sentinels Foundation (501(c)3 organization) was founded in 2007 by Richard and Jeanne Filip to give back to the military men and women of our Armed Forces who have served our country.

Jeanne and Richard Filip, first and last from left, enjoy a recent outing with Texas Sentinels recipients. The Filips are the founders of the Texas Sentinels Foundation.

The Texas Sentinels Foundation believes that through the personal sacrifice and heroic dedication of American Soldiers, freedom and security is available to all Americans.

The Texas Sentinels Foundation provides opportunities for all citizens to help create a better life for Wounded Military and their families and they appreciate the support from countless volunteers who participate in numerous activities throughout the state to honor our Wounded.

The Foundation’s mission is to provide qualified members of the U.S. Armed Forces who were severely injured in the line of duty on or after Sept. 11, 2001 with support adapted for their needs.

The Texas Sentinels Foundation offers support, primarily through the provision of housing and life scholarships, and helps these Wounded Military readjust to civilian life and prosper in their hometowns or new communities.

The Texas Sentinels Program continues to successfully adopt deserving soldiers throughout the state of Texas.

The foundation plans to continue this success in other areas of Texas, and it is through the commitment and support of individuals and businesses throughout Texas that they are able to make the dreams of these wounded military come alive.

The Texas Sentinels Foundation is led by its Executive Officer, Susie Barlow, who reports to the Texas Sentinels Foundation Board of Directors consisting of Richard Filip, Jeanne Filip, Charles El-Moussa, Brian Parker, Corby Callaway, Al Menconi and Dana Tuggle.

Since it’s establishment in 2007, the Texas Sentinels Foundation has supported Wounded Military in cities across Texas including Arlington, San Antonio, Dallas, Houston, Victoria, The Woodlands, Melissa, Richmond, Spring, Lake Belton, Alvin, Fresno, Baytown, Pearland, Sanger, Katy, Abilene and Missouri City.Barlow is a Gulf War combat veteran who has also served in Iraq, Southwest Asia, Europe and various stateside assignments. Before accepting the position of Executive Officer for the Texas Sentinels Foundation, Barlow served as an Intelligence Officer in the U.S. Army for more than 25 years and is a retired and highly decorated Lieutenant Colonel.

When it began, the mission of the Foundation was to coordinate teams of RE/MAX Realtors and other partnering organizations and businesses who would then rally around a Wounded Military to raise local money and support in an effort to build a home for the recipient.

In 2012, the mission of the organization expanded to provide other services to Wounded Military on an ongoing basis – and independent RE/MAX Realtors are still some of the biggest supporters of the organization.

Richard Filip, Texas Sentinels Foundation co-founder said, “It is the generosity of the Texas community that drives the organization’s effort. Community involvement is key, be it by contractors, suppliers, artisans or everyday citizens,” Filip said. “The community has embraced and accepted this opportunity as a way of saying ‘We want to help. We can do this. It is the right thing to do. We have room at the table in our Texas communities.’”

#remaxintegrity #homeofthebestagents #texassentinels

2018 Housing Market Predications

Are you preparing to enter the housing market in 2018?

Whether you’re a buyer or a seller, 2018 is likely to be a year of both challenges and opportunities. Our crystal ball is just as cloudy as everyone else’s these days, but based on recent trends and events, we can make a few predictions for the upcoming year.

Inventory Remains King – The housing market has been partially throttled by a short supply of homes, especially in the starter home market. At the beginning of the fourth quarter, over half of available homes were in the top third of home values. Supply should continue to increase and ease price pressures by the end of the year, but the total supply will still fall short of overall demand.

Slower Growth in Home Prices – Zillow reports that home prices are expected to rise 4.1% in 2018, a decrease from today’s 6.9% growth rate but well above the typical growth rate near 3%. Realtor.com expects a closer-to-average growth rate of 3.2%. This reflects an expectation that supply problems will ease somewhat – good news for homebuyers, but bad for homeowners who simply want to see the value of their home increase.

Interest Rates Will Increase – How many times have you heard that one? This year, it’s likely to come to pass. Interest rates have risen slightly thanks to three small rate increases by the Federal Reserve, and the pace is likely to continue. Realtor.com and the Mortgage Bankers Association both expect the interest rate on a 30-year fixed loan to reach 5% during 2018 – the highest level since February 2011.

Entry-Level Homes Rebound – Typically, developers focus on middle to upper-end housing. High land expenses, labor costs, and regulatory burdens make it difficult to get a suitable return on investment with more affordable housing. However, a lack of inventory and more Millennials entering the market should drive up entry-level prices and make them tempting targets for developers. It’s likely that there will still be a shortage of affordable housing, but expect supply in this segment to increase and for prices to stabilize.

Overall, housing starts are expected to rise by 3% over the previous year, with single-family homes increasing at a brisk 7%. New home sales are predicted to increase by 7% over 2018, while existing home sales are predicted to increase by only 2.5%.

Tax Plan Effects – The final tax bill is likely to depress the housing market, especially in certain areas. Collective state and local tax deductions are now limited to $10,000; therefore, the overall tax bills in states with high taxes and high property values could increase significantly. These markets should see reduced appreciation on homes as buyers find the local market less desirable. Mortgage interest deduction limits on new homes were cut to $750,000, further hitting the high-value markets.

The effects are not all at the upper end of the scale. The increase in the standard deduction reduces the tax incentives for lower and middle-income consumers to purchase a home. The pace of new home construction and sales may be dampened as a result. However, Moody’s predicts some rural areas will see a rise in home prices as a result of the tax bill – mostly in the West, Upper Midwest, and Alaska.

Suburban Sprawl Increases – Housing disincentives in urban areas are likely to drive Millennials and other first-time home buyers further out into the suburbs, where developers can build more affordable homes via lower land costs.

In general, the market should begin to shift away from the current supply imbalance, blunting price increases. Homeowners will see lower rates of appreciation than they have in recent times, giving new opportunities to first-time homeowners.

However, generalities aren’t important to you – you only care about your local market and the value of your home. Keep a close eye on your local market for any factors that run counter to national trends, and you’ll be in position to make the most of your buying and selling opportunities in 2018.

#remaxintegrity #homeofthebestagents #2018housingmarket

MoneyTips is happy to help you get free mortgage quotes from top lenders. https://www.moneytips.com/2018-housing-market-predictions/381

 

RE/MAX Integrity Agents and Office Win Top Awards

February 15, 2018 Laura Cook
Ruben & Nancy Villarreal Team During this week’s recognition of leading real estate professionals and top offices from the RE/MAX of Texas Region, RE/MAX Integrity, owned by Ruben & Nancy Villarreal, was recognized as one of the Top 5 Brokerages among the Houston Council of RE/MAX Offices for the 4th quarter.

Esther Cordova, Broker of RE/MAX Integrity, said, “this is a very gratifying of course, but it’s the fantastic agents in our office who are responsible for this award. This market has provided an opportunity for the best practitioners to stand out, and our agents exemplify the qualities of leadership, professionalism, and industry expertise that are responsible for this award presented to RE/MAX Integrity.”

LaPeer Team Both Team and Individual Awards were also presented. Ruben & Nancy Villarreal Team along with The LaPeer Team were among the RE/MAX Integrity teams who received both Statewide and Citywide recognition. In the Individual Agent Category, Melissa Franklin was recognized as one of the top agents Citywide. With an agent count of over 5,000 – to place in the Top 20 is a very rewarding achievement, a reflection of high work standards and true dedication to the real estate industry.

Melissa Franklin RE/MAX is a global organization in 100+ counties, enjoying #1 Market Share in the United States, selling more homes than any other organization. RE/MAX has donated over $140 Million to Children’s Miracle Network Hospitals, in a national sponsor of the Komen fight against breast cancer, and in Texas, builds homes for severely wounded warriors through the Texas Sentinels Foundation.

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About RE/MAX Integrity:REMAXIntegrityLOGOnoaddress

RE/MAX Integrity is a locally owned and operated full-service real estate brokerage located in Spring, Texas. Founded in 2007, RE/MAX Integrity just expanded last year to include their second office in Willis, TX – Lake Conroe area. The brokerage has over 80 Realtors® and specializes in both residential and commercial real estate. RE/MAX Integrity is a proud supporter of Children’s Miracle Network Hospitals®, Soles for Souls Foundation, and Texas Sentinels along with numerous other local charities. Two office to service you better – 19510 Kuykendahl, Spring, TX and 10766 FM 1097, Willis, TX. To learn more, please visit http://www.realtorsatintegrity.com

#remaxintegrity #homeofthebestagents #officewinstopawards

Avoiding Tax Scams

With tax season here, it’s important to avoid tax scams. Here are a few tips to make sure that your hard-earned money doesn’t end up in the wrong pocket.

FILE EARLY
By filing early, you can avoid someone beating you to your refund. The IRS accepts only one refund per Social Security number. If a thief has access to your Social Security number and files a bogus tax return, you could be out your tax refund. While the IRS is taking steps to prevent fraudulent returns, its never hurts to be safe rather than sorry. Sadly, most people don’t realize that they are victims of tax fraud until the IRS fails to accept their tax return. Be on the forefront of identity theft by checking your credit report frequently for suspicious activity.

DON’T FALL FOR PHONY PHONE SCAMS
If an “IRS agent” calls your house, beware. They may use a number of tactics, such as demanding payment, asking for a credit card number over the phone, or even threatening to have you arrested. Instead of conversing with a so-called IRS agent, hang up and call the IRS directly and report the scam. People have fallen for phone scams in recent years at a hefty price tag of over $23 million.

BE WARY OF PHISHING SCAMS
Have you ever received an email, text message, or a message on social media from the IRS requesting personal information? Or saying that you have an outstanding refund? Don’t take the bait. Hit DELETE instead. Phishing emails are engineered to retrieve sensitive, personal information from unsuspecting people. Beware of the request to “update your IRS e-file immediately” and look-alike IRS websites.

Avoid scams when April 15 rolls around. Protect your hard-earned tax refund. After all, you deserve it!

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#remaxintegrity #homeofthebestagents #avoidtaxscams

Welcome New Agents to RE/MAX Integrity

RE/MAX Integrity Celebrates New Sales Associates
Celestine Moore, Kelly Melancon, Erol Knott and Sheila Ahmed

Spring, Texas – RE/MAX Integrity in Spring has announced the arrival of 4 new Sales Associates to their roster of agents who will be working with area buyers and sellers: Celestine Moore, Kelly Melancon, Erol Knott, and Sheila Spain-Ahmed. “We’re very excited to be adding yet more sales professionals of such high caliber to our office,” says RE/MAX Integrity Broker Esther Cordova, a 30+ year industry veteran. “They are all extremely customer-service oriented and all have a proven track record which will make them a definite asset to our office.”

“RE/MAX Integrity has an impeccable reputation for quality service and customer satisfaction,” says Sheila Ahmed. “I’m eager to be a part of an office that is so ingrained in the community, and has the resources that they offer. With over 250 offices statewide, RE/MAX® remains #1 in real estate advertising, market share, and the largest franchise portal (www.remax.com), it is easy for the consumer to understanding the benefits of marketing their home through a RE/MAX office. Buyers have more choices, and sellers receive unparalleled exposure.”

RE/MAX Integrity, consistently ranked as one of the top brokerages in our area by HAR, helps buyers and sellers throughout Spring, The Woodlands, Houston, Cypress, Katy and Montgomery County. For more information, visit them at www.realtorsatintegrity.com or call 281-370-5100.

#homeofthebestagents #remaxintegrity #welcomenewagents

About RE/MAX Integrity:
RE/MAX Integrity is a locally owned and operated full-service real estate brokerage located in Spring, Texas. Founded in 2007, and expanded last year to include their second office in Willis, TX – Lake Conroe area. The brokerage has over Realtors® and specializes in both residential and commercial real estate. RE/MAX Integrity is a proud supporter of Children’s Miracle Network Hospitals®, Soles for Souls Foundation, and Texas Sentinels along with numerous other local charities. Two office to service you better – 19510 Kuykendahl, Spring, TX and 10766 FM 1097, Willis, TX. To learn more, please visit www.realtorsatintegrity.com or contact the office directly at 281-370-5100.

Home Warranty Security

Put Your Mind at Ease:

Every home – and home owner – is unique. Whether you deal with investment properties, condos, townhomes, or distressed properties, a Home Warranty Plan from Old Republic Home Protection can foster a smooth transaction and help generate satisfied customers.

Home buyers don’t need the headache that comes with finding and hiring a contractor every time something breaks down. Townhomes and condo owners want the same budget protection as single-family homeowners, especially those on a tight budget!

Regardless of the client’s situation or property type, a home warranty provides buyers with peace of mind that can help you seal the deal with confidence.

https://www.orhp.com/index.cfm?go=aboutUs.main

#remaxintegrity #homesofthebestagents #homewarranty

Crawfish Festivals in Texas

In Texas and the south, boiling and eating crawfish is a long standing family tradition. We eat crawfish at places besides the home, whether it be in restaurants, family reunions, football games, or at company gatherings.

We celebrate the crawfish in another way: Festivals! These events encompass all the good things about life in Texas: food, fun, music and merriment!

Excellent Texas and Cajun food is a given at any festival. And as always, festivals offer abundant opportunities for meeting old friends, and making new ones.

Crawfish festivals happen all over Texas, from Pearland to Fredericksburg, from Austin to Kemah …  find one near you!

We are currently updating our list of 2018 crawfish festivals in Texas. If you would like your crawfish event included, or have updates, contact us.

Note that some dates and events listed below are preliminary pending announcements by event organizers.

2018 Crawfish Festivals in Texas
Festival City Date
Annual Kemah Crawfish & Zydeco Festival
Under the Kemah Bridge

Kemah, Texas April 6-8, 2018
Woodlands CrawPHish Festival
Town Green Park
11:00am – 6:00pm

The Woodlands, Texas March 24, 2018
Bigass Crawfish Bash
Gulf Greyhound Park
1000 FM 2000, La Marque, TX
BCBF, Inc. is a Texas non-profit corporation that works in partnership with local charities that benefit lives of veterans, children, and the disabled. This year donations will be made to Camp Hope, Texas Special Olympics, and local Education Foundations.

Scheduled events include the crawfish cooking competition, live music, Kid Zone, vendors market, Veterans VIP tent, food court and more!

Hitchcock, Texas March 24, 2018
Annual Bernie’s Famous Crawfish Boil
Concrete Street Old Market Pavilion
5:30pm – 9:30pm
This is the Del Mar College Foundation’s signature event to help raise funds for scholarships for Del Mar College students.

Corpus Christi, Texas March, 2018
Celina Cajun Fest 2018
Historic Celina Downtown Square

Crawfish boil, Cajun music, kids area, and much more

Celina, Texas April 14, 2018
Muddy Bowl Crawfish Cook-Off
Rob Fleming Park
6055 Creekside Forest Drive
Noon – 8:00pm

Set up begins at noon, cooking begins at 1:00 p.m., samples ready for judging 4:00 p.m., awards at 6:30 p.m., event ends at 8:00 p.m.

Teams of up to eight members are provided crawfish, ice, serving containers, a 10′ x 10′ tent, a table and chairs.

Muddy Bowl Crawfish Cook-Off at The Woodlands, Texas, April 1, 2017

The Woodlands, Texas April, 2018
Annual Frisco Crawfish Festival
Rockin’ S Bar and Grill
9305 Preston Rd,
Frisco, TX 75033
1:00pm – 7:00pm

The event is to raise money for the local animal rescue group Habitat for Paws. Sponsored by the Cajun Crawfish Company. Several thousand pounds of crawfish will be boiled. Live bands and music, plus bounce houses for the kids.

Frisco, Texas April, 2018
Annual Old Town Keller Crawfish Krawl
Great food, festive music and fun galore, from Noon to 9:00pm.

Attendance this year is expected to exceed 10,000 visitors. The event will take place on Olive and Pecan St in Old Town Keller.

Keller, Texas April, 2018
Cajun Crawfish Festival
Schertz Park Pavilion
703 Oak Street
10am – 8pm

Tempt your taste buds with some amazing food vendors. Crawfish eating contest for Men and Women Adults and Children Crawfish race. We also have kid’s activities including bounce, face painter, and more. Come ready to shop because the festival also has arts & crafts booth.

Cajun Crawfish Festival

Schertz, Texas April, 2018
Big Mamou Festival
Traders Village, 2602 Mayfield Road, Grand Prairie, TX
details Grand Prairie, Texas April 14-15 and 21-22, 2018
Hutto Crawfish Festival
Downtown, East & Farley Streets
details Hutto, Texas April, 2018
Annual Mudbug Mash
Levitt Pavilion
4:00pm – 10:00pm

Annual Llano Crawfish Open

Llano, Texas April 20-21, 2018
Annual Mauriceville Crawfish Festival
Mauriceville is a small community situated between Beaumont and the Southwest Louisiana Border. The Texas Legislature has named Mauriceville the “Crawfish Capital of Texas”.

The festival was founded in 1981 and features an awesome music line up, entertainment, creole cooking demos, a very competitive crawfish cookoff and and much more.

Opening Ceremonies will kick off on Friday night @ 5:00. Saturday morning our 5K will begin at 8 with our “Hometown Heroes” parade immediately following @ 9:00 East down Hwy 12, turning South onto Hwy 62. At the festival grounds, live music, live demonstrations including a master’s gardener and chalk painting, craft and food vendors, a photo-contest, washer tournament, exotic species and whitetail display, silent auction, and many other activities will run throughout the day as well as Sunday.

Held at the Mauriceville Crawfish Grounds, 7441 Cohenour Road, Orange, Texas 77632

Orange, Texas April, 2018
28th Annual Crawfish Boil & Fish Fry

Rosenberg, Texas April 14, 2018
Annual Lonestar Crawfish Festival
Sponsored by the Busby Foundation
Stubbs BBQ
801 Red River

Austin, Texas April 21, 2018
2018 Crawfest New Braunfels

New Braunfels, Texas April 27-29, 2018
Texas Crawfish & Music Festival
Old Town

Texas Crawfish Festival tickets Spring, Texas April, 2018
Rayzur’s Annual Crawfish Cook-off
Brazoria County Fairgrounds
901 S. Downing Road
Team competition raises money for charitable organizations. Events include crawfish cook-off, gumbo cook-off, crawfish cook-off- and more.

Angleton, Texas May 5-6, 2018
Annual Crawfish Boil
Pearland Town Center
Proceeds benefit Young Life Brazoria

Pearland, Texas May, 2018
Houston Crawfish, Crab & Grill Festival
Crawfish, music and more
Hobby Event Center
9906 Gulf Freeway
2:00pm – 11:00pm

Houston, Texas May 12-13, 2018
Annual Crawfish Cookoff
Crawfish cook off benefit tournament at Tiger Field. Good company, food, crawfish and games. Proceeds go towards Friends of Tiger Field (FOTF) and the FOTF Scholarship Award.

Rockport, Texas May, 2018
Fredericksburg Crawfish Festival
Fredericksburg Marktplatz
126 W Main Street
Sponsored by the Fredericksburg Jaycees
Music and more

Fredericksburg, Texas May, 2018
Crawfish Festival
211 E. Pleasant Run Road
DeSoto Amphitheater

DeSoto, Texas June 2, 2018
Grand Prairie Annual Crawfish Boil
Market Square, 120 W. Main St., Grand Prairie, TX
10:00am – 2:00pm
Grand Prairie, Texas June, 2018
Annual Medina Lake Cajun Festival
Park Rd. 37 and 15th St. W, Lakehills, TX 78063
11:00am – 10:00pm
Lakehills, Texas September 22, 2018

#remaxintegrity #homeofthebestagents #crawfishfestivals

HURRICANE HARVEY CAN’T STOP HOUSTON’S HOUSING MARKET FROM REACHING RECORD TERRITORY IN 2017

Houston real estate resists Mother Nature to complete its strongest year ever.

HOUSTON — (January 10, 2018) — Despite the devastating assault that Hurricane Harvey waged on the greater Houston area last summer – from which many property owners are still recovering – the Houston real estate market set new records by the time the sun set on 2017. Single-family home sales for the full year rose 3.5 percent compared to 2016, the previous record year. However, as 2018 gets underway, the supply of housing remains constrained. Inventory had begun to reach more balanced levels when Harvey’s widespread flooding sent affected residents scrambling for whatever undamaged rental and sales homes were available to provide safe shelter for themselves and their families.
According to the latest report produced by the Houston Association of Realtors (HAR), sales of all property types in 2017 totaled 94,726 units, a 3.5-percent increase over 2016’s volume, which was 91,530. Total dollar volume for single-family homes sold in 2017 rose 6.5 percent to $23 billion.

“No one could ever have imagined 2017 turning out to be a record-setting year for the Houston real estate market, which had weathered the effects of the energy slump only to have Harvey strike such a devastating blow,” said HAR Chair Kenya Burrell-VanWormer with JP Morgan Chase. “We know that many are still working tirelessly to rebuild their lives after Harvey, but overall, this clearly illustrates the incredible resilience of the people and the economy of Houston, Texas. We also know that some neighborhoods are performing better than others, so it’s always advisable to consult a Realtor when thinking about buying or selling a home.”

December single-family home sales rose 4.1 percent to 6,875 versus December 2016. The strongest sales performance took place among homes priced between $250,000 and $500,000. Total property sales for the month climbed 3.5 percent to 8,125.
The single-family home median price (the figure at which half of the homes sold for more and half sold for less) rose 1.7 percent to $230,000. That marks the highest median price ever for a December. The average price declined 0.6 percent to $292,174.

2017 Annual Market Comparison
As 2017 began, the high end of the Houston real estate market was showing welcomed signs of recovery from the effects of the weakened energy sector, and inventory levels in all housing categories finally began to rise. Strong employment numbers translated to an influx of home buyers and renters to the Houston area from across the country and around the world. However, Harvey’s late August rampage interrupted hiring and forced those whose homes and apartments were damaged or destroyed to seek immediate housing anywhere they could, causing inventory to shrink.
Fortunately, the setbacks resulting from this historic weather catastrophe were much shorter-lived than anticipated. By the end of September – just four weeks after Harvey hit – the “Houston Strong” housing market saw home sales rebound and the greatest rental activity of all time. The positive momentum continued through the final months of 2017.
By the end of December, a record 79,117 single-family homes had sold. That represents an increase of 3.5 percent from the previous record of 76,450 in 2016.
On a year-to-date basis, the average price rose 2.9 percent to $291,340 while the median price increased 3.8 percent to $229,900. Total dollar volume for full-year 2017 jumped 6.5 percent to $23 billion.
The strongest one-month sales volume of 2017 was recorded in June with 8,362 single-family homes sold. By contrast, the lightest one-month sales volume took place in January with 4,104 sales.
Months of inventory began the year at a 3.3-months supply, and while it grew to a 4.3-months supply just before Harvey struck the region, it ended 2017 at a 3.2-months supply. Months of inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity.
CATEGORIES FULL-YEAR 2016 FULL-YEAR 2017 CHANGE
Single-family home sales 76,450 79,117 3.5%
Total property sales 91,530 94,726 3.5%
Total dollar volume $21,645,218,533 $23,049,934,248 6.5%
Single-family average sales price $283,133 $291,340 2.9%
Single-family median sales price $221,500 $229,900 3.8%
* Months inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This figure is representative of the single-family homes market.

December Monthly Market Comparison
The Houston housing market registered largely positive measurements in December, with single-family home sales, total property sales, total dollar volume and median pricing all up compared to December 2016.
Month-end pending sales for single-family homes totaled 5,413, an increase of 24.0 percent versus 2016. Total active listings, or the total number of available properties, declined 2.2 percent from December 2016 to 33,432.
Single-family homes inventory shrank from a 3.4-months supply to 3.2 months. For perspective, housing inventory across the U.S. currently stands at a 3.4-months supply, according to the latest report from the National Association of Realtors (NAR).
CATEGORIES DECEMBER 2016 DECEMBER 2017 CHANGE
Total property sales 7,850 8,125 3.5%
Total dollar volume $2,209,007,615 $2,271,587,746 2.8%
Total active listings 34,199 33,432 -2.2%
Total pending sales 6,606 6,875 4.1%
Single-family home sales $294,035 $292,174 -0.6%
Single-family average sales price $226,050 $230,000 1.7%
Single-family months inventory* 3.4 3.2 -0.2 mos.
Single-family pending sales** 4,367 5,413 24.0%
* Months inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This figure is representative of the single-family homes market.

Single-Family Homes Update

Single Family Sales

Single Family
Single-family home sales totaled 6,875, up 4.1 percent from December 2016. The median price rose 1.7 percent to a December high of $230,000. The average price declined a fractional 0.6 percent to $292,174. Days on Market (DOM), or the number of days it took the average home to sell, was unchanged at 62.

 

Broken out by housing segment, December sales performed as follows:
$1 – $79,999: increased 5.7 percent
$80,000 – $149,999: decreased 7.3 percent
$150,000 – $249,999: increased 4.5 percent
$250,000 – $499,999: increased 9.1 percent
$500,000 and above: unchanged
$750,000 and above: decreased 11.2 percent
Single Family Average Home Price

HAR also breaks out the sales figures for existing single-family homes. Existing home sales totaled 5,460 in December, up 3.7 percent versus the same month last year. The average sales price rose 2.6 percent to $276,738 while the median sales price increased 1.2 percent to $211,000.
Townhouse/Condominium Update
Townhome and condominium sales increased 3.2 percent in December, with 552 units selling versus 535 a year earlier. The average price fell 5.5 percent to $199,197 and the median price dropped 9.3 percent to $158,250. Inventory went from a 3.4-months supply to 3.3 months.
Townhouse/Condominium Sales

Lease Property Update
Houston’s lease market had a mixed performance in December. Single-family home leases fell 3.6 percent and townhome/condominium leases rose 7.3 percent. The average rent for single-family homes increased 3.3 percent to $1,745, while the average rent for townhomes/condominiums rose 2.4 percent to $1,532.
Houston Real Estate Highlights for December and Full-Year 2017
Despite the devastation caused by Hurricane Harvey, 2017 proved to be a record year for Houston home sales with 79,117 single-family homes sold versus 76,450 in 2016, the last record-setting year. That represents an increase of 3.5 percent;
Total dollar volume for single-family homes in 2017 rose 6.5 percent to $23 billion;
December single-family home sales climbed 4.1 percent year-over-year with 6,875 units sold;
Total December property sales increased 3.5 percent to 8,125 units;
Total dollar volume for December increased 2.8 percent to $2.3 billion;
At $230,000, the single-family home median price rose 1.7 percent to a December high;
The single-family home average price declined 0.6 percent to $292,174;
Single-family homes months of inventory declined slightly to a 3.2-months supply;
Townhome/condominium sales rose 3.2 percent, with the average price down 5.5 percent to $199,197 and the median price down 9.3 percent to $158,250;
Leases of single-family homes fell 3.6 percent with average rent up 3.3 percent to $1,745;
Leases of townhomes/condominiums climbed 7.3 percent with average rent up 2.4 percent to $1,532.
The computerized Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 37,000 REALTORS® throughout Harris, Fort Bend and Montgomery counties, as well as parts of Brazoria, Galveston, Waller and Wharton counties. Residential home sales statistics as well as listing information for more than 50,000 properties may be found on the Internet at http://www.har.com.

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

The MLS does not verify the information provided and disclaims any responsibility for its accuracy. All data is preliminary and subject to change. Monthly sales figures reported since November 1998 includes a statistical estimation to account for late entries. Twelve-month totals may vary from actual end-of-year figures. (Single-family detached homes were broken out separately in monthly figures beginning February 1988.)

Founded in 1918, the Houston Association of REALTORS® (HAR) is a 37,000-member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of REALTORS® in the United States.

RE/MAX Integrity – 19510 Kuykendahl Rd #B  Spring, Texas 77379  (281)370-5100

#remaxintegrity #homesofthebestagents #harveyhomesales

TIS THE SEASON!!

Tis the season! A time of reflection, thanksgiving, connecting with family, friends—and refreshing after a busy year.
For real estate professionals, the holidays are an ideal time to thank buyers and sellers for their business and support. It’s also important to reward yourself for a job well done— and here are four great ways to do it.

A Big Event

I have long encouraged real estate professionals to attend some sort of industry event—at least once, if not regularly. You truly don’t know what you’re missing until you experience an energized real estate gathering for yourself.
Take the RE/MAX R4 Convention, for example. There’s something for everyone, no matter your niche or interests. You can find education on virtually any aspect of real estate, discover your motivation and network to your heart’s content. More than anything, there’s an undeniable energy to events like this that can add a new spark and recharge your career.  And to think…just one idea, one connection or one lead could set you on a completely different course in your career—or, at the very least, cover the cost of attending.

A Breather

Taking a time-out is something that comes naturally to some more than others. The stress of what’s often a seven-day-a-week profession can take its toll on one’s health, relationships and business. It’s important not to burn out. Simply stepping back and fully unplugging for a few days (or more) can work wonders.  Whether it’s a full-on vacation or a few days at home, turn off the computer, ditch the phone and engage in activities with people outside your work sphere. Doing this enables you to rediscover your passions, appreciate loved ones and friends, and enjoy a fresh perspective on your business when you return.

Something New

In the law of life, one thing’s for certain: Repeating the same routine day after day yields the same results. Whether you’re a top producer or striving to become one, breaking into the next production level requires breaking habits and trying something different.  In need of ideas? Here are a few to get you started: Explore a new area of business (new construction, luxury, commercial or global properties), join a team, start a blog, commit to more engaging and meaningful social media posts, record a series of podcasts, join a local real estate board, create and post a video highlighting your business, or up your PR game by reaching out to news outlets with story ideas or your industry expertise.The trick with any new idea is to stick with it. The greater the commitment, the greater the impact.

A Nice Upgrade

Treat yourself.  It is the holidays, after all. What is that one thing you’ve always had your heart set on? Maybe a new iPhone. An office renovation. Additional support staff. A wardrobe upgrade. New computer, perhaps? Go for it! Just remember to keep it realistic and in your budget.

On behalf of the RE/MAX Integrity.  Let us know if you have questions, Happy Holidays and all the best in 2018!

Easy Fraud Prevention Tips for the Holidays

While you’re busy planning for the holiday season, identity thieves are busy planning their biggest shopping season of the year. Help protect yourself from identity theft or card fraud by keeping an eye on your accounts on the go with the helpful tips below.

Download your banks Mobile Banking App

  • Update your travel itinerary
  • Check account balances and recent account transactions activity
  • Deposit check
  • Pay Bills
  • Transfer funds
  • View electronic notices and statements
  • Find the closets banking center or ATM

Fraud Prevention Tools and Tips

  • Enroll in Mobile Card Fraud Alerts – Be notified by text if we detect suspicious transactions on you debit and/or credit cards.
  • Enroll in Vista Purchase Alerts – Set specific criteria to help monitor transactions made with your debit and credit cards. You’ll receive an email or text based the criteria you set. Contact your bank immediately if you receive an unfamiliar  or unauthorized transaction notification.
  • Update your travel itinerary – Help avoid card disruption while traveling by using your banks online banking or mobile banking.
  • Shield your PIN – Always shield your PIN when entering it at a merchant or ATM.
  • Enroll in Electronic Statements – Enjoy the flexibility and freedom of receiving your statement noticed, and tax documents electronically at no additional cost to you.

Please contact your bank if you have any further questions concerning card security, and have a safe and happy holiday season.

*Must be enrolled in Online Banking. Messages and data charges from your wireless provider may apply.

*Most banks do not charge for Mobile Card Fraud Services or Visa Purchase Alerts service.

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