“” In our current market, one of the most frequently asked questions I receive is: “How do I buy and sell a home at the same time?” If you’ve been wondering about this yourself, today I’ll quickly lay out your options. Traditionally, sellers would be open to accepting offers contingent on buyers selling their homes first. However, in this hot market, many sellers aren’t willing to accept that type of offer. Luckily, the Franklin Team has a few options to overcome that obstacle: Bridge loan. A bridge loan is a short-term loan used to bridge the gap in the time it takes to buy and sell a home ..read more

With the current state of our economy and market, should you buy or sell? Should you buy or sell your home in 2022? Record-high inflation and home prices have been hot topics of conversation, and everyone’s wondering what will happen. We may not be able to predict exactly what’s going to happen, but house prices tend to rise with inflation. Many experts predict that prices will continue to go up; for example, Bank of America is forecasting that home prices will rise 10% by the end of 2022. This could increase most buyers’ urgency as they rush to lock in rates. Another thing to keep in mind is ..read more

An update on our real estate market in the first quarter of 2022. Today I’ll talk about what’s going on in our real estate market in the first quarter of 2022. The Houston real estate market has been turbulent to say the least. Based on the current conditions, though, this might be a perfect opportunity to list your property. Here are three reasons why that’s the case: 1. Low inventory and supply chain issues. Experts predict that both of those trends are going to continue throughout the year. This is good news for home sellers because low supply means higher prices. 2. Prices are still risin ..read more

Here’s what you should know about the changes to your flood insurance. In case you haven’t heard already, FEMA, which administers the National Flood Insurance Program, has rolled out a new program that will affect five million policyholders nationwide. Under this new plan, which became effective on Oct 21, 2021, an estimated 77% of policyholders will see their premiums increase, while 23% of policyholders will see their premiums decrease. FEMA projects that in the first year, 66% of flood insurance policyholders will see increases of up to $10 a month, 7% will see increases of $10 to $20 per ..read more

“” In our current market, one of the most frequently asked questions I receive is: “How do I buy and sell a home at the same time?” If you’ve been wondering about this yourself, today I’ll quickly lay out your options. Traditionally, sellers would be open to accepting offers contingent on buyers selling their homes first. However, in this hot market, many sellers aren’t willing to accept that type of offer. Luckily, the Franklin Team has a few options to overcome that obstacle: Bridge loan. A bridge loan is a short-term loan used to bridge the gap in the time it takes to buy and sell a home ..read more

With the current state of our economy and market, should you buy or sell? Should you buy or sell your home in 2022? Record-high inflation and home prices have been hot topics of conversation, and everyone’s wondering what will happen. We may not be able to predict exactly what’s going to happen, but house prices tend to rise with inflation. Many experts predict that prices will continue to go up; for example, Bank of America is forecasting that home prices will rise 10% by the end of 2022. This could increase most buyers’ urgency as they rush to lock in rates. Another thing to keep in mind is ..read more

An update on our real estate market in the first quarter of 2022. Today I’ll talk about what’s going on in our real estate market in the first quarter of 2022. The Houston real estate market has been turbulent to say the least. Based on the current conditions, though, this might be a perfect opportunity to list your property. Here are three reasons why that’s the case: 1. Low inventory and supply chain issues. Experts predict that both of those trends are going to continue throughout the year. This is good news for home sellers because low supply means higher prices. 2. Prices are still risin ..read more

Here’s what you should know about the changes to your flood insurance. In case you haven’t heard already, FEMA, which administers the National Flood Insurance Program, has rolled out a new program that will affect five million policyholders nationwide. Under this new plan, which became effective on Oct 21, 2021, an estimated 77% of policyholders will see their premiums increase, while 23% of policyholders will see their premiums decrease. FEMA projects that in the first year, 66% of flood insurance policyholders will see increases of up to $10 a month, 7% will see increases of $10 to $20 per ..read more

We hope that you’re all doing well and have had a great 2022 so far! Today we’re going to discuss what we saw in the market throughout 2021 and the outlook for the Houston real estate market. Here are some key statistics from the 2021 market: The average home price increased by 17.6% year over year Around 26.6% of listed homes sold for over their list prices. Rent prices increased by 28.8% There is currently 1.6 months of supply of inventory So what does this all mean for 2022? For one thing, builders are going to be a big factor in the supply-demand equation. Can they build enough houses t ..read more

Today we’re going to talk about five ways you can improve your home before putting it on the market: 1. Improve the security of your home. This can include putting on a new garage door, repairing the fence, or installing a security system. 2. Make your home more energy efficient. This helps the environment and cuts back on energy bills, both of which buyers will pay extra for. 3. Increase your storage space. You can install a set of garage shelves, an improved closet system, or a streamlined pantry.  4. Add functional fun. Make your home more enjoyable by adding an outdoor kitchen, build ..read more