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Cypress Texas Real Estate

Real estate listings and news for Cypress, TX and the surrounding local area

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Texas ranked the among the best states to save for a down payment

November 24, 2020 By Christine

From Houston Agent Magazine

First-time homebuyers are jumping into the market to take advantage of historically low interest rates, and the trend in working from home has many considering moving to a new city. But where is the best place to save for a down payment? [Read more…]

Filed Under: Cypress News, General Information, Houston News, National News, News Tagged With: cypress texas real estate, houston real estate, houston real estate market, saving to buy a home, texas real estate market, texas. real estate

Home Sales Are on Fire, Up 27% From a Year Ago

November 19, 2020 By Christine

From Realtor Mag

For the fifth consecutive month, existing-home sales continued to be resilient in the face of the pandemic, climbing nearly 27% compared to a year ago, the National Association of REALTORS® reported Thursday. [Read more…]

Filed Under: General Information, Home Buying, Housing Market, National News, News Tagged With: cypress texas real estate, cypress texas realtors, home sales nationwide, houston real estate, houston realtors

Houston home prices jump 4% from 2019

November 5, 2020 By Christine

From Houston Agent Magazine

Home prices continued their upward trend nationwide in September, jumping 6.7%, compared to a year ago, making it the fastest year-over-year growth since May 2014, according to CoreLogic’s Home Price Index and HPI Forecast report.

The rate jumped 1.1% from August, CoreLogic noted.

Houston home prices were up 4.1% from a year earlier in September and experienced a month-over-month change of 0.3%. CoreLogic forecasts that over the next year, that rate will drop to -2.1%.

Home value increases continued to be driven by low inventory, which hit its lowest level in September, dropping by 40% from September 2008 and by 74% when compared to September 2000.

“Housing continues to be a bright spot during an otherwise challenging economic time for many U.S. households,” Frank Martell, president and CEO of CoreLogic, said in a press release. “Those in sectors that weathered the transition to remote work successfully are now able to take advantage of low mortgage rates to purchase a home for the first time or to trade-up to a larger home.”

Dr. Frank Nothaft, chief economist at CoreLogic, said that he expects a boost in home sales once a vaccine is administered or the pandemic ends. “And if the economy’s recovery is sluggish next year, distressed sales may also add to market inventory,” he said.

Price growth is expected to grind to a halt (0.2%) by this time next year, although a robust economic recovery would likely mean improved price performance, according to the report.

[Read more…]

Filed Under: Cypress News, Home Buying, Home Prices, Home Sales, Housing Market, Houston News, News Tagged With: cypress texas real estate, cypress texas realtors, houston home prices, houston real estate, houston real estate market

Texas remains one of the nation’s hottest spots for international homebuyers

October 30, 2020 By Christine

From Houston Culture Map

In the midst of facing slim inventory and the onset of the coronavirus pandemic, Texas remained one of the most sought-after destinations for international homebuyers. [Read more…]

Filed Under: General Information, Home Buying, Housing Market, Houston News, National News, News Tagged With: cy fair real estate, cypress texas real estate, cypress texas realtors, houston real estate, texas international home buyers, texas. real estate

More than 40% of Americans hesitant to move to areas where they’d be in the political minority

October 28, 2020 By Christine

From Houston Agent Magazine

With the election less than a week away and amid an increasingly politically polarized country, a new study conducted by technology brokerage Redfin shows that an increasing number of Americans are letting their politics determine where they want to live. [Read more…]

Filed Under: General Information, National News, News Tagged With: cy fair real estate, cy fair realtors, cypress texas real estate, cypress texas realtors, houston real estate, politics and moving

Home price appreciation reaches highest level since June 2018, though declines predicted

October 7, 2020 By Christine

From Houston Agent Magazine

U.S. home prices continued their climb in August, rising 5.9% year-over-year, while prices for single-family homes increased 6.31%, according to the latest CoreLogic Home Price Index. [Read more…]

Filed Under: Home Buying, Home Prices, Home Sales, Housing Market, Houston News, Mortgage Rates, National News, News Tagged With: cypress texas real estate, cypress texas realtors, houston housing, houston real estate, houston realtors

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About The Agent

Christine Hebel
Licensed Realtor
ReMax Cypress
More About Me...

Christine Hebel

Licensed Realtor
Re/Max Cypress
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christine.hebel@cypress-texas-real-estate.com
281-455-3638

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15050 Fairfield Village
Cypress, TX 77433
Phone (281) 373-4300
Fax 281-373-4345

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