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Strong Local Schools Increase Home Values by 77 Percent!

by Member Realty

Good schools help home buyers determine where they want to focus their property searches. Families want neighborhoods with an excellent quality of life where they can ensure their children receive the best education possible….BUT good schools are not just a benefit to those homeowners with young children! According to the recently released ATTOM Data Solutions 2016 Schools and Housing Report, homes in zip codes that contain at least one highly ranked elementary school have home values 77 percent higher than homes in zip codes without one!!!

 

To find these results, ATTOM Data Solutions examined almost 19,000 elementary schools across the nation in 4,435 zip codes. Elementary schools were defined as “good” if their 2015 average test scores were at least one-third above the respective state average. This data was then analyzed alongside the 2016 home values and price appreciation in the local area.  

 

As of July 2016, the average estimated home value was $427,402 in 1,661 zip codes with at least one good school. This is compared to the average estimated home value of $241,096 in the 2,774 zip codes without a good school. That’s a difference of 77%!

 

Homes in zip codes with good schools also provide a good long term investment for owners. The study found that homeowners residing in such zip codes had...on average...a 32 percent return on their investment! Over the past decade, home appreciation values have been far more volatile in those zip codes without any good schools.

 


Looking for a home in a neighborhood with a great school in the Houston area?! With several local districts ranking as the best school districts in Texas (according to website Niche)…..it’s incredibly easy to do!!

 

Friendswood Independent School District is ranked #14 in Texas. With a graduation rate of 98%, it’s no surprise that this district is considered to have the 8th best academics in the state! Current Home Listings in Friendswood.  

 

Pearland Independent School District is #17. This district ranks in the top ten of the state for most diverse and college readiness. Current Home Listings in Pearland.   

 

Humble Independent School District is ranked #31. Niche graded Humble with high marks in academics, administration, diversity, and outcomes. Current Home Listings in Humble.  

 


Let us help you find your dream home in one of these great school districts! Give Member Realty a call today or visit my website at http://www.memberrealty.com/.


Resource: RISMedia

 

Texas makes the Top 10 List of Best Places to Retire!

by Member Realty

Congrats…..you’ve retired!!! Now it’s time to decide where you want to lay down roots for those days of freedom ahead of you. Finding a community to retire to is a major decision that involves a lot of factors. Affordability, access to amenities, closeness of friends and family members, and weather all come into play when looking for the perfect place to retire. The best states for retirement are those where you can have a high quality of life while maintaining a lower cost of living. Texas was recently named one of the Top State for Retirees…..and it’s no wonder why!!

 

Finance website WalletHub ranked the 50 states and the District of Columbia based on several key factors to determine which were the best states to call home in retirement. Their rankings are based on 3 areas, including affordability, quality of life, and health care. Within each of these broader categories were metrics that helped determine the overall score. When the results came in, Texas was ranked #7 in the country! With an affordability rank of 9 and a quality of life rank of 16, the state is a fantastic option for retirees!

 

There are so many amazing communities to choose from in the Houston area when you are looking for a new place to call home during your retirement. With access to a thriving metropolitan area as well as temperate winters, the suburbs of Houston are an amazing spot for retirees.

Sugar Land: This city was one of the fastest growing in the country. It has high economic development and is now a major metropolitan center in the region. This means that access to major amenities is incredibly easy in Sugar Land. The real estate market is healthy making it easy to find the kind of home you are looking for during retirement. There are several major hospitals in town including the Sugar Land location for Houston Methodist as well as Memorial Hermann Sugar Land Hospital. This provides convenient access to doctors and medical services for the population. Sugar Land Homes for Sale.

The Woodlands: The Woodlands is a beautiful master planned community nestled in a native forest. This makes it a dream for those that want to spend their retirement in the great outdoors. Each village within The Woodlands serves as a small community, offering a tight knit feel for its residents. There are amazing dining, shopping, and entertainment facilities. The Woodlands Homes for Sale.


Friendswood: The city of Friendswood has a low crime rate. There are lots of local amenities and opportunities for recreation and fitness. Check out the Timber Creek Golf Club for a spectacular wooded 27 hole golf course. It's close proximity to Houston and Galveston also make it convenient to get to wherever you need to go. Friendswood Homes for Sale.


Bunker Hill Village: Although Bunker Hill real estate tends to be more expensive, it is perfect for retirees that have a bit more flexibility with their finances. It has a high quality of life for its residents. There is easy access to all the amenities of Houston, while maintaining a very small town feel within the 1.5 square miles that the town occupies. Bunker Hill Village Homes for Sale.

 


Let us help you retire to Texas by finding your dream home today!!! Give The Member Realty Team a call today or visit our website at http://www.memberrealty.com/.

 

Nothing helps beat the summer heat like a delicious ice cream treat. Americans have been flocking to ice cream parlors for generations to satisfy their cravings. There are still many old-fashioned ice cream parlors located throughout the country that serve up a sense of nostalgia with every spoonful of frozen dessert. Thrillist recently ranked the 21 best old ice cream parlors in the country......and our Houston favorite Hank's Ice Cream made the list!

Houstonians have enjoyed Hank's Ice Cream since 1985. Located on 9291 South Main Street, this welcoming shop continues to make ice cream the old-fashioned way, by hand and with the freshest ingredients. The creamy homemade ice cream comes in 100 different flavors that have been perfected by Hank and his team. On any day, there are around 16 flavors offered. These rotating flavors make it easy to keep coming back to Hank's to try them all. Although it's almost impossible to pick a favorite, we recommend the Butter Pecan, Rum Raisin, Blueberry Cheesecake, and Mango. Stop by Hank's Ice Cream today to see which one you prefer!

 

Congratulations to Hank's Ice Cream for your national recognition! This ice cream parlor is one of the many places that help make Houston such a great place to live!  

Houston Suburbs Ranked as Best Cities in Texas for Families!

by Member Realty

The great state of Texas is an amazing place to call home! When you have a family though and are looking to move, its important to consider all the factors that lead to a happy life for you and your loved ones. The suburbs of Houston offer amazing family-friendly communities! Congrats to Pearland (#9), Sugar Land (#11), Friendswood (#17), and Deer Park (#28) for ranking in the Top 30 Best Cities for Texas Families!!! 

Personal finance website Wallet Hub compared 112 of the largest Texas cities to determine which were the top communities to raise a family. The rankings are based on 21 factors that they determined were the most important for livability for families of all types. These factors were broken down within 4 broader categories, with each category accounting for one fourth of the final score. The categories included..(1) Family Life and Fun..(2) Education, Health and Safety..(3) Affordability..and (4) Socioeconomic environment. 

The city of Pearland (population of 103,441) made it into the top 10 of the list! It's no surprise that this southern Houston suburb came in at #3 for affordability and ranked highly in the categories of education, health, and safety and socioeconomic environment. With a healthy local economy and higher than average household income, Pearland has a stable workforce with the majority of its residents owning their homes. It is a family focused community with a strong public school system. Check out Current Home Listings in Pearland!

Sugar Land (population of 86,777) ranked in the top 12 cities in education, health, and safety, affordability, AND socioeconomic environment! Although this southwestern suburb has some of the most expensive real estate in the country, its residents are mostly employed in white collar occupations. This community is also incredibly well-educated with 54.15% of its adult population having received a bachelor's degree or higher. Notably, Sugar Land also had the 4th lowest divorce rate of any the cities measured. Check out Current Home Listings in Sugar Land!

The southeastern city of Friendswood (population of 38,260) succeeded in the areas of affordability, soecioeconomic environment, and education, health, and safety. This suburb is also known for its expensive real estate. Its high household income accounts for the affordability ranking. This community has a crime rate lower than the state and national average. Check out Current Home Listings in Friendswood!

Deer Park (population of 33,719), located southeast of Houston, ranked highly in affordability. The house market in this city has appreciated over the last several years. The workforce is a combination of white collar and blue collar workers with the majority of the population considered to be middle class. Most families own single family homes. Check out Current Home Listings in Deer Park!

All of these cities are strong communities on their own but do also benefit from their proximity to Houston. As the fourth largest city in America, Houston is a major metropolis. It ranked #1 amongst Texas cities for the most attractions. With its four professional sports teams, thriving arts and cultural scene, and multitude of parks, restaurants, and retail districts, Houston is a great place to call home! Check out Current Home Listings in Houston!

If you are interested in Buying, Selling, or Investing in the greater Houston area, give the Member Realty Team a call or visit our website at http://www.memberrealty.com/.

Should I Buy a Home Now?

by Member Realty

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall down the road, while others are convinced that home prices will go up.

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have fluctuated, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, a one point rise in interest rates could cost tens of thousands of dollars over the life of your mortgage!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates while they are still available.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

Displaying blog entries 1-5 of 5

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CU Alliance, LLC
9601 Jones Rd., Suite 108
Houston TX 77065
281-671-6151
844-671-6151