The Texas Real Estate Commission (TREC) regularly tweaks the various contracts, agreements, notices and addenda that home buyers and sellers and their agents use. The common One to Four Family Residential Contract – that is, the contract typically used to resell a home – has had a number of changes that will soon go into
Cameron and Teresa are working now on the next edition of the River Oaks Market Report, set to go to press next week. The “Outlook” edition will drill down into the River Oaks real estate market for 2020 – what sold where and for how much? – plus offer thoughtful insight as to what to
Question: What precautions should be taken for an open house? Answer: Despite six months of COVID-19, the real estate business has not ground to a halt. Or, to put it more accurately, after a hard stop last spring, it is once again percolating along. People feel more comfortable going out, and there remains a pent-up
We haven’t talked to anyone in the past four months without hearing some version of the same question: How is the real estate market during the COVID-19 pandemic? HAR.com issues monthly updates on the entire greater-Houston market area, as you surely know, and the real estate market varies widely from area to area. We have
Question: What is the difference between a saltwater pool and a regular pool? Answer: A sparkling clean backyard pool makes a sultry Houston summer worth it, right? And no doubt, given our current COVID situation, people who have a swimming pool will be staying home and using it more than ever this year. As real
No one in Houston has been unaffected by the COVID-19 crisis that is playing out. And the scary medical/social-distancing circumstances have been compounded by free-fall oil prices and stock market. For many clients contemplating the largest purchase of their lifetime, this is a daunting situation. As of mid-March, most business that was in the pipeline
Question: I know that real estate contracts have contingencies. What does that mean? Answer: Black’s Law Dictionary helpfully defines a contingency as “an event that may or may not happen, a doubtful or uncertain future event.” As Texas realtors, we are trained in the use of promulgated forms – i.e. forms approved and required in
Question: What do home staging services do – and are they worth the money? Answer: The point of staging a home is, simply, to make it more appealing. You know about getting rid of clutter, touching up paint and replacing the dead shrub by the front door. Staging takes that “fluffing” process to an entirely
As we wrap up the mid-year print edition of the River Oaks Market Report, here is a teaser of the demographics in the River Oaks real estate market since January 1. Origin of Buyers The trend of fewer buyers coming from River Oaks itself continues. It fell from 38% in 2017 to 26% in 2018, and now