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๐—–๐˜†๐—ฝ๐—ฟ๐—ฒ๐˜€๐˜€, ๐—ง๐—ซ ๐—ฅ๐—ฒ๐—ฎ๐—น ๐—˜๐˜€๐˜๐—ฎ๐˜๐—ฒ ๐—ฆ๐˜๐—ฎ๐˜๐˜€ ๐—ณ๐—ผ๐—ฟ ๐— ๐—ฎ๐˜† ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ (๐Ÿณ๐Ÿณ๐Ÿฐ๐Ÿฏ๐Ÿฏ & ๐Ÿณ๐Ÿณ๐Ÿฐ๐Ÿฎ๐Ÿต)

Number of Sold Properties, Days to Sell, Average Sale Price, and Active Listings of re-sale homes as reported by HAR.com.

ย These statistics include the following communities in 77433:2

ย Ashton Woods Barker Lake
Blackhorse Ranch Bridge Creek
Bridgeland Canyon Lakes West
Cypress Creek Lakes Dunham Pointe
Fairfield Lakes of Fairhaven
Marvida Miramesa
Park Creek Towne Lake
ย Westgate

And, these communities in 77429:3

Coles Crossing Cypress Mill
Cypress Point Bridge Creek
Bridgeland Canyon Lakes West
Cypress Creek Lakes Hidden Arbor
Lakes of Rosehill Lakes on Eldridge
Lakewood Forest Longwood Village
Park At Arbordale Ravensway
Rock Creek Stablegate
Stablewood Farms Sydney Harbour
Villages of Cypress Lakes

Want more detailed information? Let’s talk…

#cypressrealestate #jessicaharlessrealtor

Real Estate Recession | Homes Sold By Jessica Harless | NextHome Realty Center

The One Thing Every Homeowner Needs To Know About a Recessionย 

A recession does not equal a housing crisis. Thatโ€™s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesnโ€™t mean homes will lose value.

Theย National Bureau of Economic Researchย (NBER)ย definesย a recession this way:

โ€œA recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins when the economy reaches a peak of economic activity and ends when the economy reaches its trough. Between trough and peak, the economy is in an expansion.โ€

To help show that home prices donโ€™t fall every time thereโ€™s a recession, take a look at the historical data. There have been six recessions in this country over the past four decades. As the graph below shows, looking at the recessions going all the way back to the 1980s, home prices appreciated four times and depreciated only two times. So, historically, thereโ€™s proof that when the economy slows down, it doesnโ€™t mean home values will fall or depreciate.

The One Thing Every Homeowner Needs To Know About a Recession | Simplifying The Market

The first occasion on the graph when home values depreciated was in the early 1990s when home prices dropped by less than 2%. It happened again during the housing crisis in 2008 when home values declined by almost 20%. Most people vividly remember the housing crisis in 2008 and think if we were to fall into a recession that weโ€™d repeat what happened then.ย But thisย housing market isnโ€™t a bubbleย thatโ€™s about to burst. The fundamentals are very different today than they were in 2008. So, we shouldnโ€™t assume weโ€™re heading down the same path.

Bottom Line

Weโ€™re not in a recession in this country, but if one is coming, it doesnโ€™t mean homes will lose value. History proves a recession doesnโ€™t equal a housing crisis.

Keeping Current Matters ย Thursday May 19th, 2022ย ย  s

Homes Sold By Jessica Harless | NextHome Realty Center

Your House Could Be Closer to List-Ready Than You Think

One of the biggest concerns for a homeowner looking to sell is the time theyโ€™ll have to put in before listing their house. If thatโ€™s the case for you, you should know โ€“ย your home might be closer to list-ready than you think in todayโ€™s housing market. Aย surveyย of recent sellers fromย realtor.comย finds that many were able to get their house ready in less than a month. It says:

โ€œWith many homeowners expecting a quick sale, and in many cases a lack of contingencies,ย the preparation process took less than a month for over 50% of home sellers this past year, with 20% completing it in less than two weeks.โ€

Those sellers expecting to sell quickly are following recentย buyer trends. Withย mortgage ratesย andย home pricesย rising, buyers in todayโ€™s market are serious about finding a home quickly. But with the limited number of homes for sale, there are very fewย optionsย for those buyers to choose from. That means many may be willing to take on projects after they purchase.

Because of this, you may be able to focus on less time-consuming tasks before putting your house on the market. According to the survey mentioned above, some of the top things recent sellers completed before listing over the past year includeย landscaping, making minor cosmetic updates, and touching-up paintย (see image below):

Your House Could Be Closer to List-Ready Than You Think | Simplifying The MarketA Real Estate Advisor Will Help Streamline the Process and Keep You Focused

Of course, each situation is different and knowing what repairs or updates your house needs to stand out in your local area is critical. Thatโ€™s where a trustedย real estate professionalย comes in. In a recent article,ย NextAdvisorย explains:

โ€œ. . .ย Real estate can be hyper-local, and demand can vary from one neighborhood to the next.ย Itโ€™s a good idea to work with a local real estate professional to determine an ideal listing price and if any improvements or repairs need to be completed before putting your home on the market.โ€

Your trusted real estate advisor knows the ins and outs of the market in your specific area. Theyโ€™ll help you identify the places where you should and shouldnโ€™t spend your time and money โ€“ and that can enable you to list quickly.

Bottom Line

If youโ€™re ready to take advantage of the incredible conditions for sellers in todayโ€™s real estate market but are worried about the time itโ€™ll take to get your home ready, you might be closer than you think. Letโ€™s connect so you can see what you need to do before listing your house today.

Keeping Current Matters 5/2022 |ย ย For Sellers,ย Selling Myths

Date: unknown    Event: Swimming instruction for children    Location: unknown    Photographer: unknown    Release info: no release needed

CrossNet # 30271

Water Safety – Make it a Habit

In Houston and the surrounding communities, many of us are fortunate to have a backyard pool or spa. For others the neighborhood pools offer a haven from the heat, a place to cool off and to enjoy a refreshing dip.

Unfortunately, every summer we hear news reports about drowning victims of all ages from toddlers to seniors. Many of these incidents could have been prevented if we all follow good water safety practices.

What are those practices… from the Red Cross website; I am sharing the best of best.ย  Visit http://www.redcross.org/prepare/disaster/water-safety for these and other helpful information –

Follow these safety tips whenever you are in, on or around water:
Make Water Safety Your Priority

  • Swim in designated areas supervised by lifeguards.
  • Always swim with a buddy; do not allow anyone to swim alone. Even at a public pool or a lifeguarded beach, use the buddy system!
  • Ensure that everyone in the family learns to swim well. Enroll in age-appropriate Red Cross water orientation and Learn-to-Swim courses.
  • Never leave a young child unattended near waterย and do not trust a childโ€™s life to another child; teach children to always ask permission to go near water.
  • Have young children or inexperienced swimmers wear U.S. Coast Guard-approvedย life jacketsย around water, but do not rely on life jackets alone.
  • Establish rules for your family and enforce them without fail. For example, set limits based on each personโ€™s ability, do not let anyone play around drains and suction fittings, and do not allow swimmers to hyperventilate before swimming under water or have breath-holding contests.
  • Even if you do not plan on swimming, be cautious aroundย natural bodies of waterincluding ocean shoreline, rivers and lakes. Cold temperatures, currents and underwater hazards can make a fall into these bodies of water dangerous.
  • If you go boating, wear a life jacket! Most boating fatalities occur from drowning.
  • Avoid alcohol use. Alcohol impairs judgment, balance and coordination; affects swimming and diving skills; and reduces the bodyโ€™s ability to stay warm.

Prevent Unsupervised Access to the Water

  • Install and use barriers around yourย home pool or hot tub. Safety covers and pool alarms should be added as additional layers of protection.
  • Ensure that pool barriers enclose the entire pool area, are at least 4-feet high with gates that are self-closing, self-latching and open outward, and away from the pool. The latch should be high enough to be out of a small childโ€™s reach.
  • If you have an above-ground or inflatable pool, remove access ladders and secure the safety cover whenever the pool is not in use.
  • Remove any structures that provide access to the pool, such as outdoor furniture, climbable trees, decorative walls and playground equipment.
  • Keep toys that are not in use away from the pool and out of sight. Toys can attract young children to the pool.

Maintain Constant Supervision

  • Actively supervise kids whenever around the waterโ€”even if lifeguards are present. Do not just drop your kids off at the public pool or leave them at the beachโ€”designate a responsible adult to supervise.
  • Always stay within armโ€™s reach of young children and avoid distractions when supervising children around water.

Know What to Do in an Emergency

  • If a child is missing, check the water first. Seconds count in preventing death or disability.
  • Know how and when to call 9-1-1 or the local emergency number.
  • If you own a home pool or hot tub, have appropriate equipment, such as reaching or throwing equipment, a cell phone, life jackets and a first aid kit.
  • Enroll in Red Crossย home pool safety, water safety, first aid and CPR/AED courses to learn how to prevent and respond to emergencies.
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