Posts Tagged ‘fannie mae’

Back to School Home Pricing for Northeast Houston Area Homes | Jeremy Williams of Keller Williams Realty NE

Wednesday, August 19th, 2009

Are you seeking to purchase a home in the northeast area including, Kingwood TX, Atascocita TX, Houston TX, or Summerwood, click the following link to see listings with Back to School pricing.  Back to School Pricing on Northeast Houston Area Home Listings

Featured Listings - Motivated Sellers

13907 Cloudcap CT Houston TX 77044 - REDUCED $20,000 - List Price $369,900 - Approx. 4,528 sq. ft. - 4 bedrooms, 3/1 baths, 3 car garage (porte cochere and gated driveway), game room, media room, custom cabinetry, granite, wrought iron staircase and much more.  Lowest priced in Estate Section.  Excellent Condition.

13515 Castlecombe Dr. Houston TX 77044 - New Listing - List Price $200,000 - Approx. 2,406 sq. ft. - 4 bedroom, 2/1 bath, 2 car garage, both formals, double-sided gaslog fireplace with remote, kitchen with lots of counter space, covered porch, split floorplan, and more.  Lowest priced home in Edgewater Village.  Excellent Condition.

13202 Redhead CT Houston TX 77044 - REDUCED $7,000 - List Price $180,000 - Lowest Priced 3 Car Garage in All of Summerwood - Approx. 2,406 sq. ft. - 4 bedrooms, 2/1 baths, 3 car garage, located in cul-de-sac, walk-in closets in all bedrooms, and much more.

20807 Meadow Belle CT Kingwood TX 77346 - List Price $170,000 - Cul-de-sac location with Greenbelt Access, 4 Bedrooms (All Bedrooms Up), 2/1 Baths, Formal Living, Formal Dining, Den, Newer Roof, New Carpet, Fresh Interior Paint, Move-in Ready

Search all Houston TX MLS Listings:

Map Search
Search and request information for listings found utilizing a mapping tool.

Listing Search
Specify criteria to assist in narrowing down your search for a home and setup an appointment to view. Click here to search Kingwood TX Homes for Sale by Village.

School Finder
Learn more about the schools in the area.

 

NE Houston Real Estate Resource

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Top Blog Posts

Back to School Pricing on Northeast Houston Area Home Listings

Keller Williams Realty NE Presents Free Concert with Special Guests the Lake Houston Family YMCA | Support Operation Backpack

First Time Home Buyers | Take Advantage of Low Interest Rates and the $8,000 Tax Credit

Houston Sign Ordinance Enforcement Alive and Well

Shorten Your Commute By Choosing Your Next Home in Summerwood Houston TX

Market Statistics for Summerwood Houston TX 1999 - July 2009

Get the August 2009 E-Newsletter | Jeremy Williams of Keller Williams Realty NE

Are you looking for a great price on a home in Summerwood?

Understanding the Kingwood TX Real Estate Market | Kingwood TX Market Trend 2007 - 2009

New Listing in Summerwood (Houston, TX) | 4 Bedrooms, 2/1 Baths

Jeremy Williams of Keller Williams Realty NE Features 2 Listings on Brokers Tour in Summerwood Houston TX | July 14, 2009 Brokerage Tour

Fannie Mae and Freddie Mac at it Again - Jeremy Williams of Keller Williams Realty NE

Free Concert at Kings Harbor on July 17th - Jeremy Williams of Keller Williams Realty NE

Search for Your Next Home - No Registration Forms Required | Kingwood TX, Atascocita TX, Humble TX, Houston TX

Executive Home for Lease in Summerwood | 4 Bedrooms, 3/1 Baths, 3 Car Tandem Garage, Large Cul-de-Sac Lot

Administaff Presents the 12th Annual YMCA Golfer’s Challenge - Monday, August 17th at Kingwood Country Club

List Your Home with Jeremy Williams of Keller Williams Realty Northeast | Kingwood, Humble, Atascocita TX Realtors

Rock the Dock Free Concert Series Presented by Keller Williams Realty Northeast - Friday, June 19th at Kings Harbor in Kingwood TX

Market Statistics for Summerwood Houston TX 1999 - July 2009

Tuesday, August 4th, 2009

If you are thinking about selling a home in Summerwood, consider a real estate agent that is familiar with the market numbers. Learn more about the Summerwood real estate market by clicking here are reading Jeremy Williams’s Active Rain blog.

Search all MLS Listings:

Map Search
Search and request information for listings found utilizing a mapping tool.

Listing Search
Specify criteria to assist in narrowing down your search for a home and setup an appointment to view. Click here to search Kingwood TX Homes for Sale by Village.

School Finder
Learn more about the schools in the area.

 

NE Houston Real Estate Resource

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Information Provided By:

Jeremy Williams of Keller Williams Realty NE specializes in residential real estate in the northeast Houston area including Kingwood TX, Atascocita TX, Humble TX, Fall Creek, Summerwood, and Eagle Springs. Whether buying or selling a home, see why clients have chosen to trust Jeremy with their real estate needs. To learn more about the real estate services Jeremy Williams of Keller Williams offers his clients and customers, visit http://www.williams4yourhome.com/ or read more at Jeremy’s Active Rain blog. Utilize the searches below to see what is happening in your neigborhood, or search for your next dream home.

Top Blog Posts

Summerwood Houston TX Real Estate Agent | Jeremy Williams of Keller Williams Realty NE Your Summerwood Houston TX Realtor

Price Reduced! Brittany Lakes in League City Texas! Houston Texas Real Estate

August 2009 Newsletter | Kingwood Real Estate Market | Featured Listings | Community Information

Summerwood Houston TX Homes For Sale | Large Price Reduction | 13907 Cloudcap CT Houston TX 77044

Kingwood TX Market Information - Jeremy Williams of Keller Williams Realty NE

New Listing in Summerwood (Houston, TX) | 4 Bedrooms, 2/1 Baths

Jeremy Williams of Keller Williams Realty NE Features 2 Listings on Brokers Tour in Summerwood Houston TX | July 14, 2009 Brokerage Tour

Fannie Mae and Freddie Mac at it Again - Jeremy Williams of Keller Williams Realty NE

Free Concert at Kings Harbor on July 17th - Jeremy Williams of Keller Williams Realty NE

Search for Your Next Home - No Registration Forms Required | Kingwood TX, Atascocita TX, Humble TX, Houston TX

Executive Home for Lease in Summerwood | 4 Bedrooms, 3/1 Baths, 3 Car Tandem Garage, Large Cul-de-Sac Lot

Administaff Presents the 12th Annual YMCA Golfer’s Challenge - Monday, August 17th at Kingwood Country Club

List Your Home with Jeremy Williams of Keller Williams Realty Northeast | Kingwood, Humble, Atascocita TX Realtors

Rock the Dock Free Concert Series Presented by Keller Williams Realty Northeast - Friday, June 19th at Kings Harbor in Kingwood TX

Get the August 2009 E-Newsletter | Jeremy Williams of Keller Williams Realty NE

Saturday, August 1st, 2009

Find out what is happening in Kingwood, Humble and Atascocita TX.  Featured real estate listings, community events, and information about the $8,000 tax credit for first time home buyers.  Read more at Jeremy Williams’s real estate blog at ActiveRain.

Search all MLS Listings:

Map Search
Search and request information for listings found utilizing a mapping tool.

Listing Search
Specify criteria to assist in narrowing down your search for a home and setup an appointment to view. Click here to search Kingwood TX Homes for Sale by Village.

School Finder
Learn more about the schools in the area.

 

NE Houston Real Estate Resource

↑ Grab this Headline Animator

Information Provided By:

Jeremy Williams of Keller Williams Realty NE specializes in residential real estate in the northeast Houston area including Kingwood TX, Atascocita TX, Humble TX, Fall Creek, Summerwood, and Eagle Springs. Whether buying or selling a home, see why clients have chosen to trust Jeremy with their real estate needs. To learn more about the real estate services Jeremy Williams of Keller Williams offers his clients and customers, visit http://www.williams4yourhome.com/ or read more at Jeremy’s Active Rain blog. Utilize the searches below to see what is happening in your neigborhood, or search for your next dream home.

Top Blog Posts

New Listing in Summerwood (Houston, TX) | 4 Bedrooms, 2/1 Baths

Jeremy Williams of Keller Williams Realty NE Features 2 Listings on Brokers Tour in Summerwood Houston TX | July 14, 2009 Brokerage Tour

Fannie Mae and Freddie Mac at it Again - Jeremy Williams of Keller Williams Realty NE

Free Concert at Kings Harbor on July 17th - Jeremy Williams of Keller Williams Realty NE

Search for Your Next Home - No Registration Forms Required | Kingwood TX, Atascocita TX, Humble TX, Houston TX

Executive Home for Lease in Summerwood | 4 Bedrooms, 3/1 Baths, 3 Car Tandem Garage, Large Cul-de-Sac Lot

Administaff Presents the 12th Annual YMCA Golfer’s Challenge - Monday, August 17th at Kingwood Country Club

List Your Home with Jeremy Williams of Keller Williams Realty Northeast | Kingwood, Humble, Atascocita TX Realtors

Rock the Dock Free Concert Series Presented by Keller Williams Realty Northeast - Friday, June 19th at Kings Harbor in Kingwood TX

Are you looking for a great price on a home in Summerwood?

Friday, July 31st, 2009

Have you considered purchasing a home in Summerwood a master planned community in the northeast Houston TX area?  Click here to read my blog post at ActiveRain about the large price reduction made on this wonderful home.  4/5 bedrooms, 3/1 baths, 3 car garage (porte cochere and gated driveway, study with French doors, game room, hidden room behind bookcase, separate media room, wrought iron staircase in entry with return to the kitchen, granite, cul-de-sac location and much, much more.  Call a Realtor today and don’t let this opportunity pass.

Search all MLS Listings:

Map Search
Search and request information for listings found utilizing a mapping tool.

Listing Search
Specify criteria to assist in narrowing down your search for a home and setup an appointment to view. Click here to search Kingwood TX Homes for Sale by Village.

School Finder
Learn more about the schools in the area.

 

NE Houston Real Estate Resource

↑ Grab this Headline Animator

Information Provided By:

Jeremy Williams of Keller Williams Realty NE specializes in residential real estate in the northeast Houston area including Kingwood TX, Atascocita TX, Humble TX, Fall Creek, Summerwood, and Eagle Springs. Whether buying or selling a home, see why clients have chosen to trust Jeremy with their real estate needs. To learn more about the real estate services Jeremy Williams of Keller Williams offers his clients and customers, visit http://www.williams4yourhome.com/ or read more at Jeremy’s Active Rain blog. Utilize the searches below to see what is happening in your neigborhood, or search for your next dream home.

Top Blog Posts

Summerwood Houston TX Homes For Sale | Large Price Reduction | 13907 Cloudcap CT Houston TX 77044

Kingwood TX Market Information - Jeremy Williams of Keller Williams Realty NE

New Listing in Summerwood (Houston, TX) | 4 Bedrooms, 2/1 Baths

Jeremy Williams of Keller Williams Realty NE Features 2 Listings on Brokers Tour in Summerwood Houston TX | July 14, 2009 Brokerage Tour

Fannie Mae and Freddie Mac at it Again - Jeremy Williams of Keller Williams Realty NE

Free Concert at Kings Harbor on July 17th - Jeremy Williams of Keller Williams Realty NE

Search for Your Next Home - No Registration Forms Required | Kingwood TX, Atascocita TX, Humble TX, Houston TX

Executive Home for Lease in Summerwood | 4 Bedrooms, 3/1 Baths, 3 Car Tandem Garage, Large Cul-de-Sac Lot

Administaff Presents the 12th Annual YMCA Golfer’s Challenge - Monday, August 17th at Kingwood Country Club

List Your Home with Jeremy Williams of Keller Williams Realty Northeast | Kingwood, Humble, Atascocita TX Realtors

Rock the Dock Free Concert Series Presented by Keller Williams Realty Northeast - Friday, June 19th at Kings Harbor in Kingwood TX

Fannie Mae and Freddie Mac at it Again - Jeremy Williams of Keller Williams Realty NE

Monday, July 6th, 2009

Fannie Mae and Freddie Mac at it Again - Jeremy Williams of Keller Williams Realty NE

As the word on the street that the housing market has possibly found a bottom, Fannie Mae and Freddie Mac are at it again.  Buried in H.R. 2454, know to most as Cap and Trade, are some new and interesting “creative financing” wizardry by our politicians, specifically those “concerned” with Global Warming.  In an act that is sold to the US citizens as an act to create clean energy jobs, achieve energy dependence, reduce global warming pollution and transition to a clean energy economy, this is really a taxation ploy wrapped in the language of a “crisis mode community organizer”.  Using fear, scientific data that is not allowed to be challenged, and utilizing the support of big business that will find financial gain from this act to , one should read carefully for themselves H.R. 2454 to discover the truth that was haphazardly pushed through Congress and will soon be before the Senate for a vote.  This is neither a Republic or Democratic issue, but one that we all will pay for substantially if it is passed.  I urge you to read the act, and if you feel the same way, contact your local representative while there is still time.  This act is cumbersome, which causes me to question if our representatives really took  the time to read all the details.

Back to Fannie Mae and Freddie Mac.  They are introducing “Energy-Efficient Mortgages” and “Location-Efficient Mortgages”.  I had never heard of anything of the sort being in the business now for sometime so luckily they provided definitions in the act. 

The term “Energy Efficient Mortgage” means a mortgage loan under which the income of the borrower, for purposes of qualification for such a loan, is considered to be increased by not less than $1 for each $1 of saving projected to be realized by the borrower as a result of cost-effective energy-saving design, construction or improvements (including use of renewable energy sources, such as solar, geothermal, bio mass, and wind, super-insulation, energy-saving windows, insulating glass and film, and radiant barrier) for the home for which the loan is made.  So essentially those that will benefit from the loan made by the quasi government agencies (proped by your tax dollars) influenced by government policy are those that seek homes that meet the standards set forth by the government.  So in an underhanded way, the government is using policy to condition what type of homes the consumer will buy in the market place.

The term “Location-Efficient Mortgage” means a mortgage loan under which the income of the borrower for purposes of qualification for such a loan is considered to be increased by not less than $1 for each $1 of savings projected to be realized by the borrower because the location of the home for which loan is made will result in decreased transportation costs for the household of the borrower; or the sum of the principal, interest, taxes, and insurance due under the mortgage loan is decreased by not less than $1 for each $1 of savings projected to be realized by the borrower because the location of the home for which loan is made will result in decreased transportation costs for the household of the borrower.  The government in this instance is creating policy to condition people to purchase homes in an area that they might not otherwise purchase essentially controlling the strings to the purse.  I am sure that these loans will not be for those that choose to live in the suburbs because their commute would add to  “Global Warming” concerns.

Oh, and guess what, these loans will all be sold in blocks to investors in a secondary market.  Hmmm… that sounds familiar.  That is essentially what was done in 2005 - 2007 with loans created so that everyone could buy a home.  I thought owning a home was not a right, but a priviledge.  What amazes me is that a lot of the people creating the policies or that have their hands on the purse strings are career politicians.  They have never run a business because if they did they would know the impact this bill will have on small businesses and households in general throughout the country.  Unemployment is currently at 9.5%, you know that number is only going to get worse with the items in this act coming down the pipeline.

We are told by our representatives about the cost savings, but common sense prevails and the cost of this act will only be passed along to you and me.  I have only mentioned the two types of mortgages conjured up in this act.  Read for yourself about the tree planting program, the language opening the door to require energy audits prior and post any rehab or improvement that involves a reduction in energy consumption, the new standards and code proposals for the building industry (guess who those costs are going to be transferred to), and the smart grid.  This is all the tip of the ice berg.  Read it.  It is important.  As a Realtor, I see how this is going to impact me as a business owner, as a family, and how it is going to impact our country.

What is your take on H.R. 2454?  Post your comments.

Information Provided By:

Jeremy Williams of Keller Williams Realty NE specializes in residential real estate in the northeast Houston area including Kingwood TX, Atascocita TX, Humble TX, Fall Creek, Summerwood, and Eagle Springs. Whether buying or selling a home, see why clients have chosen to trust Jeremy with their real estate needs. To learn more about the real estate services Jeremy Williams of Keller Williams offers his clients and customers, visit http://www.williams4yourhome.com/ or read more at Jeremy’s Active Rain blog. Utilize the searches below to see what is happening in your neigborhood, or search for your next dream home.

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NE Houston Real Estate Resource

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Temporary Bandaid or A Real Fix for Fannie Mae and Freddie Mac

Tuesday, September 9th, 2008

Annouced Sunday, the Treasure Secretary Henry Paulson laid out a rescue plan to keep mortgage giants Freddie Mac and Fannie Mae from plummeting do to the unchecked and irresponsible fiscal policies in the industry.  Both companies were placed into a conservatorship, replaced both CEO’s and boards of directors (Although I believe I heard that the prior CEO’s are assisting in the transition, and why would they take individuals that allowed the companies to be in their current state to assist in a transition.  Do we not remember Enron, and the consequences from poor leadership?), and developed a plan to infuse billions of dollars to stabalize the housing market.  Where do those billions come from, We the People?  Are we moving to nationalizing the housing market?  What happened to allowing a market to recorrect getting rid of the “bad apples”.  This plan came to be at this specific time because these “mortgage giants” are running out of money to hedge against additional losses incurred from the declining market meaning that economists still see the housing market slipping.  So is this a temporary bandaid, or will these dollars stabalize these companies so that in time and with good fiscal policy be able to recover? Other concerns of a bailout include setting the precedence of our company is in trouble; bail me out.  You already have automakers making deals with the government taking out loans (the same thing as a bailout if you ask me) and airlines teetering on bankruptcy.  When is the line crossed, or has it been crossed?

On the flip side of my personal views on the issue, the immediate results have been a fall in interest rates.  Money is still difficult to borrow because of the past mistakes in the lending industry and lean heavily on credit scores, but for those that can borrow this is a great time to buy with the lower interest rates.  In our maket specifically (Kingwood, Humble, Atascocita), home values still remain strong and production levels consistent.  Making a generalized statement that the market is bad would be negligent as real estate is a local market.

For more information about taking advantage of the current market whether a home buyer or home seller, contact Jeremy Williams of Keller Williams Realty Northeast at 281-812-8229 or email jeremy@williams4yourhome.com