It was a federal agency reversal that was startling in its effect: a change in guidance that actually clarified more than muddled! The change will directly affect Henderson buyers and sellers because the issue will impact the cost of Henderson residential real estate transactions—specifically, in the area of home appraisals. As the first order of [...]
When you go in for your annual physical, you’re hoping for a sunny prognosis. Realtor® magazine isn’t a medical journal, but it does have a feature called “Market Pulse.” It reports on the patient’s vital signs (if you imagine the patient being the nation’s housing market). The state of the national patient can be relevant [...]
Whenever a month’s Henderson real estate activity ends on a Friday, the number-gatherers close up shop knowing there will be a longer than usual lapse until they can be sure of the Henderson real estate activity statistics. That creates a breather for those of us who keep abreast of Texas and Henderson real estate. It’s [...]
When you go house hunting in Henderson, you’re likely to share a lot of the same basic assumptions that most everybody does. Whether you have a lengthy list of hard-and-fast requirements or are in more of a “just seeing what’s out there” mindset, you’re probably assuming that you’ll “know it when you see it.” [...]
If you try to predict what Henderson real estate activity is likely to be based on only our local activity, you soon find what causes statisticians to turn up their noses: the sample size is simply too small to project reliable trends. That’s why serious Henderson observers look to the incoming real estate activity stats [...]
The “5-Year Rule” as it applies to Henderson homes listed for sale is a pretty good one, as far as real estate rules-of-thumb go. It’s part of the family of truisms that have been around long enough that you’d figure they have to be reliable—like the rule that you should plan on maintenance costing 1% [...]
Sometimes the experts who project trends in residential housing and real estate find that they have to correct their predictions. Once the final statistics are in, if they consistently reveal errors as wide of the mark as 50%, it’s just embarrassing. Such was recently the case with Harvard’s LIRA remodeling project—and for those of us [...]
With Brexit still fresh on minds here and abroad—and the sometimes hot/sometimes slow summer selling season well underway—some Henderson sellers might well be questioning whether foreign buyer influence will remain strong throughout the nation this season. Last month’s numbers provide an answer that’s less ambiguous than usual. The answer is definitely “yes”! The latest national [...]
Most Henderson house flipping veterans can look back on their successful projects and place them in either of two columns. Either they were intended to be quick flips—turnarounds where speed was a prime ingredient because of an original tactical decision—or they were not. The quick flips depend on speedy, focused action in three of the [...]
Monday’s Memorial Day in Henderson capped a weekend that definitely felt like summer was close at hand. Actual summer may not arrive in Henderson until the summer solstice on June 20, but especially in years like this one, when Monday’s holiday is also just two days removed from the start of hurricane season, it’s clearly [...]
Those of us who keep abreast of where our Henderson’s home loan interest rates are likely to head haven’t had much to keep track of lately. By the end of last week, that was beginning to change. Ever since the Federal Reserve’s single boost in their Fed Funds rate by a quarter of a percent [...]
Thoughtful Henderson investors find themselves in an increasingly uncertain environment. Although the official cost of living numbers indicate that inflation isn’t much of an issue, few Henderson residents who mind the family budget are convinced. Even if that were currently the case, even fewer think it a situation that will last indefinitely. At the same [...]