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I purchased my first home when I was in my early twenties, purchased my second home at the age of thirty, and my third home at the age of forty. Every decade the market was much different from my previous home purchase experience. Although, one thing remained constant – the fact that I did my research. In every instance, I sought to make an informed decision about the housing market. From housing trends, mortgage rates, to lenders reputations; I desired to be well-informed in every aspect of the market.
Houston’s housing market continues to be strong even though the energy industry has taken an economic hit. Inventories are good for existing homes and builders are offering great incentives for new builds. Mortgage rates varied this week in Houston, 30 year fixed is about 3.95% for FHA and 15 year fixed is about 3.99% for FHA (according to Mortgage Daily News 5/28/16).
There are many housing options in the Houston market today. Whether you’re in a market for a single family home in an established neighborhood or a new build, a Realtor® can help you navigate the terrain.
For all your real estate needs. Call Jewel Johnson (832) 800-4760.