The Official Newsletter of Rivera Real Estate Group
Welcome to our monthly newsletter, Fort Bend & Beyond! Whether you're a first-time homebuyer, seasoned investor, or curious about the latest market trends, you've come to the right place. In each edition, we'll provide valuable insights, tips, and updates to help you navigate the dynamic world of real estate with confidence. From neighborhood spotlights to expert advice on buying and selling, our goal is to empower you with the knowledge you need to make informed decisions.
Why Are Home Prices Still So High in the U.S.?
The U.S. housing market continues to perplex both buyers and sellers as home prices remain stubbornly high despite various economic pressures. In our latest blog post, we delve into the key factors contributing to this phenomenon. From limited housing inventory to resilient buyer demand, we explore why home prices have not budged and what this means for the real estate market moving forward. Read on to understand the dynamics at play and what you can expect in the coming months.
Fort Bend County Market Update
In April 2024, Fort Bend County saw an increase in home prices, with the median price rising by 3.8% compared to the previous year, reaching $405,000. This indicates a growing demand or appreciation in the value of homes in the area. Additionally, the market seemed to be more competitive as homes sold faster this year, taking an average of 28 days to sell compared to 33 days in April 2023. Despite the rise in home prices and faster sales, the number of homes sold slightly decreased, with 1,015 homes sold in April 2024 compared to 1,027 homes sold in the same month last year. This slight drop in sales volume might suggest a limited supply of homes or potential buyers being priced out of the market. Overall, the data points to a robust and dynamic real estate market in Fort Bend County, characterized by rising prices and quicker sales.
Featured Homes of the Month
4 Bedroom | 2.5 Bathroom | 2,856 Sqft
photos: HAR.com
This luxurious home situated on a large corner lot surrounds you with elegance from the moment you step through the door. The center hall with its stunning, curved staircase and soaring ceilings sets high expectations for a home that doesn’t disappoint. The kitchen has upscale cabinetry, an oversized granite island, and opens to the living room. The first floor Primary is spacious with a huge master bath complete with his and her sinks and his and her closet. Upstairs, there’s a game room and the secondary bedrooms. When you want to take your gatherings outside, there are two outdoor entertaining areas. One covered and one with a stone fire pit just perfect fort gatherings. Located in desirable Rivers Run, only minutes from Brazos Towncenter, Sugar Land, and daily shopping. Easy access to highway 59 and Grand Parkway and all the conveniences you could desire.
4 Bedroom | 3 Bathroom | 2,868 Sqft
photos:HAR.com
Discover the bliss of the Birkshire floor plan by David Weekley Homes, where luxury meets financial sensibility. Benefit from a lower tax rate due to the absence of MUD taxes, all while reveling in the beauty and spaciousness of your new home. Delight in the epicurean kitchen, boasting split countertops, a deluxe pantry, and a full-function island, making cooking a pleasure. Shutters and mechanical shades add allure and energy-efficiency. Host dinners and social gatherings in the sunlit open floor plan. Personalize the study and spare bedrooms to fit your needs. Your Owner's Retreat is a luxurious escape with a spa-like bathroom and a spacious walk-in closet. Step outside to a large backyard with an extended covered patio, perfect for outdoor activities. And don't forget the massive garage with ample storage space. Treat yourself to this amazing Veranda home and book your tour today!
June Home Maintenance Checklist
Introducing our essential June home maintenance checklist! As we transition into warmer weather, it's crucial to ensure your home is prepared for the changing seasons. This checklist will guide you through five key tasks to keep your home in top condition and ready for the summer months ahead.
Inspect Air Conditioning System - Clean or replace air filters. Schedule a professional maintenance check.
Test Smoke and Carbon Monoxide Detectors- Replace batteries if necessary. Ensure all detectors are functioning properly.
Check Plumbing- Inspect for leaks under sinks and around toilets. Test water pressure and inspect water heater.
Deep Clean Bathrooms and Kitchens - Scrub tiles, grout, and fixtures. Clean kitchen exhaust fans and filters.
Inspect Attic and Basement - Check for signs of pests, mold, or leaks. Ensure proper ventilation.
Inspect Roof and Gutters - Check for damaged or missing shingles. Clean out gutters and downspouts.
Service Lawn and Garden - Mow the lawn regularly. Water plants and check irrigation systems.Trim bushes and trees.
Check Deck and Patio - Inspect for loose boards or nails. Clean and seal wood surfaces if necessary.
Clean Windows and Doors - Wash windows inside and out. Check and repair any damaged screens or weather stripping.
Plan for Summer Activities - Clean and set up outdoor entertaining areas. Inspect and maintain outdoor grills and kitchens. Regular maintenance keeps your home in good condition and prevents costly repairs. Enjoy a well-maintained home this summer!
Local Events
June 7
Friday, June 7 2024, 3:00 PM - 7:00 PM
402 Morton St,, Richmond, TX
Kickstart your weekend with local food, finds & fun at the Richmond Farmers Market! 🥬🥕🍅🌮🖼️🍪🍫First Fridays from 3-7 pm @ 402 Morton St, Richmond
source: facebook.com/events
June 15
Saturday, June 15 2024, 12:00 PM - 5:00 PM
Bernhardt Winery
8989 County Road 204, Plantersville, TX
Guests can relax while taking in the spectacular rolling hillside view on the winery lawn under the shade of century-old native Pecan trees. The grounds will be open for wine flights, wines by the glass, and bottle sales of our award-winning wines.
source: facebook.com/events
June 28
Friday, June 28 2024, 6:00 PM - 9:00 PM
Rosenberg Civic Center
3825 Hwy 36 S Rosenberg, TX
The night will include dancing, a formal photo and fun 360 photo booth, sweet treats, games and more! The Mother-Son Dance is not limited to just Moms and Sons; Aunts and Grandmas are welcome to bring their little ones out for a great evening, too! Semi-formal attire is suggested but not required.
Source: facebook.com/events
June 28
Friday, June 28 2024, 11:00 AM - 2:00 PM
Safari Texas Ranch
11615 FM-1464, Richmond, TX
Rosenberg-Richmond Helping Hands inaugural "FEAST ON FASHION" Luncheon and Fashion Show on June 28th at 11am in The Palm Room at Safari Texas! Gather your friends, see the latest styles from area boutiques, and support a worthy cause.
source: facebook.com/events
If you're ready to take the next step in your real estate journey, whether it's buying, selling, or investing, our team is here to help. With our expertise and dedication, we strive to make your real estate experience seamless and successful. Don't miss out on valuable insights and opportunities in the ever-changing real estate market.
Make your way to newsstands to see Norbert Rivera featured as a 2024 Five Star Real Estate Agent in the June issue of Texas Monthly. Norbert is one of a small percentage of professionals in the Houston area to receive this prestigious award recognizing excellence in client satisfaction.
Norbert can be found in Texas Monthly and also online on FiveStarProfessional.com. Click through to Norbert's social post here to learn more about Norbert and share in their success!
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