Houston Flood Appraisals – What You Need to Know
Houston is no stranger to the devastation that can be caused by flooding. In recent times, Houstonians have lived through the Memorial Day floods of 2015, the Tax Day floods of 2016, and the aftermath of Hurricane Harvey which impacted over 68,000 homes in the Houston area alone. With flooding always a threat, homeowners must consider what impact can flooding have on home values in Houston?
Markets, Neighborhoods and Subdivisions Part I
The more I review appraisals, the more apparent it becomes that many appraisers in Houston are confusing the terms Market and Neighborhood. This creates misleading results in appraisal reports and can lead to an incorrect conclusion of value. For starters, let’s give some basic definitions for each of these real estate terms:
Using Firefox with HAR MLS
I'm not a fan of the Internet Explorer browser at ALL. For those of us that prefer to use other web browsers such as Firefox, it is terribly frustrating IE is the only web browser that will properly browse the Houston MLS system. However, I just found a cool tip for using FF with Houston Association of Realtors Site
Selling Your Houston Area Home FSBO
If you are planning to sell your home, it might be a wise decision to make a small investment in a professional appraisal. Unless you study real estate trends on a day to day basis like a professional appraiser, it may be difficult for you to get a handle on real estate values in your market area.
White Oaks Bayou Flooding & Shady Acres – An Example of External Factors Affecting Value
I was recently sent a request to perform an appraisal on a property in the Shady Acres subdivision of Houston. […]
Housing Jump-Starts After Bottoming at Historic Low
The U.S. Commerce Department reported that housing starts rose 22% in February to a seasonally adjusted annual rate of 583,000. The last time housing starts increased was in June, and this was the largest percentage increase in 19 years.