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Archive for May, 2012

Is The Economy Affecting Texas Real Estate?

Monday, May 21st, 2012

Texas currently has a solid low unemployment rate, as well as constant increases in personal in come. On top of all of that, Texas is known to have overall low interest rates. Obviously, the real estate market in Texas is going to be beneficial and steady for years to come.

The middle class throughout the state can afford nice, newly built homes that would cost a fortune in other states. Not only that, but new homes are being built all the time, and the old ones are being renovated and rebuilt.

Want to know where some of the most undervalued markets are? Why, in Texas of course! Killeen, TX has been known for years to provide homes for less than the average market value.

Texas has a population of over twenty million people, making it the second most populated state after California. But unlike California, the homes in Texas are much more affordable. Homes in Texas are selling more quickly than homes across the nation.

While the overall economy in the United States is causing a lot of problems for families across the nation, the real estate in Texas is still quite strong. Experts are predicting that it will continue to be strong in the years ahead. Why? Because Texas is consistent with providing affordable shelter for everyone.

This can be due to the oil industry booming in Texas as well as the large military bases, such as Fort Hood. More soldiers are being sent to Fort Hood than ever before, making the housing units off base high demand.

Over the next four years, there will be many new construction jobs in Texas, thanks to the ever increasing oil and chemical industries. Due to these factors, as well as many others, the overall outlook for Texas real estate is a good one in comparison to the rest of the country. Therefore, the negative economy isn’t affecting Texas real estate much, if at all.

Choosing The Best New Home Builder

Monday, May 7th, 2012

If you and your family are embarking on the project of building a brand new home, one of the most important things that you will need to look at is employing the best new home builder for the job. There are plenty of builders out there, all with different specialties and levels of skill, so do not despair if the first couple you look at just aren’t up to scratch. This guide is designed to help you know what to look for (and, therefore, what to avoid) when looking to employ a new home builder:

Do an online search for new home builders in your area. Their websites should have photos (and even addresses) of some of their past and most recent projects, allowing you to have a look at the quality of their work. Note: if they don’t have any past work examples, it is a good idea to keep looking, as there is probably a reason for this.

Ask people that you know who have had a new home built or had work down by a builder in the last few years. They may be able to point you in the direction of a company that has done some fantastic work for a great price, or they may be able to tell you which companies turned out to be a nightmare. Note: just because your next-door neighbour says that this builder did a great job in adding an ensuite doesn’t mean that they’ll be any good at adding a kitchen, as each builder specializes in a different area.

Once you have a list of home builders that you are considering employing, ask them for quotes on your building project. Once you have received all (or most) of the quotes, arrange them in order of cheapest to most expensive. You can then decide which builders you can afford and which you can’t. Note: it doesn’t matter how much you love a particular’s builders work – if you cannot afford it, it is never a good idea to put yourself into that much debt.

Check that the new home builders you are interested in are properly certified and licensed. There is nothing wrong with asking for proof that the company has the proper accreditations, and if you have any suspicions as to the legitimacy of these documents do not hesitate to call the accrediting company and double check them. Note: having builders on site that are not properly certified, licensed or even insured could mean big problems for you should something go wrong during the construction process.

There is no defined formula for use when it comes to choosing the best new home builder for your job. Instead, you will need to do your research, make a decision about your budget, and use your own discretion. Using this guide, you will know exactly what you’re looking for.

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