James Layfield

Spyglass Realty & Investments

1107 Union Valley Dr.
Pearland, TX 77581


Cell: 713-249-2499   
Phone: 713-249-2499 
Fax: 281-412-0710

Housing Trends

October 2017

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Congratulations to this awesome vet! more...

Frequently used as staging areas for meal prep, the butler's pantry can be a strong selling point for your home. A butler's pantry commonly includes a countertop and places for storing serving pieces, dinnerware, and other items. Fancier butler's pantries can even have a fridge, small dishwasher and sink. more...

Although problems with affordability could be relegating some 1st time buyers to the sidelines, some cities have become more accessible to millennials and 1st time buyers. Homes purchased by this demographic fell to 32%, below the traditional norm of 40% for this group. more...

The entrance to a home can have a huge impact on curb appeal. It is where a potential buyer begins to form first impressions of the home's interior. However, this underappreciated area gets neglected even though it can be the easiest and least costly places in your home to upgrade for the largest impact. more...

There's no question that an impressive kitchen can help sell a home, and smart Realtors® are emphasizing them in marketing. Realtor.com® found that 69% of the homes listed on the website mentioned the kitchen as positive feature, while 49% highlighted the bedrooms and 35% focused on the garage. more...

Most people are unaware that insurance companies can use a property's claims history as a component for setting premiums for a new policy. A lot of insurance companies utilize CLUE (Comprehensive Loss Underwriting Exchange) to report and inquire about a home's claim history. more...

Down Payment Mistakes That Can Postpone a Transaction more...

These Bad Habits Can Ruin Your Home more...

Perception can have a lot to do with the size of a room, and wall color has a large affect on that perception. While certain colors can make a room feel smaller, others can make walls lengthen and the room to seem larger. more...

OK, so you have an accepted offer and signed contract, but selling your home has many steps that don't end with the contract signing. The buyer's lender is going to conduct an independent appraisal to make sure your home is worth the sales price. more...

With the right formula, even the smallest of rooms can give more of a sense of openess. Here are a few tips to use to make that small space less tight. more...

5 Ways to Spruce up Your Backyard more...

OK, so you have an accepted offer and signed contract, but selling your home has many steps that don't end with the contract signing. The buyer's lender is going to conduct an independent appraisal to make sure your home is worth the sales price. more...

Don't let your spirits get dampened once the excitement of closing on a new home wears off, and you realize that now you have to move. The start of the prime moving season is May & June, where as much as 45% of all moves in the U.S. happen. more...

For most Americans working on minimum wage, the outlook on rent is becoming gloomy. The National Low Income Housing Coalition recently conducted a study that revealed there are no states where a minimum-wage worker on 40 hours a week can afford a 1 bedroom rental. more...

Ever wondered who is paying the highest property taxes? Well, according to data from CoreLogic, the median property tax rate nationally is 1.31%. That rate, applied to a $200,000 home, means the homeowner would pay an annual amount of $2,620. The median rate ranges nationally from the lowest (Hawaii at 0.31%) to the highest (Illinois at 2.67%). more...

It seems like more and more people are moving to Texas each year. In fact, according to the Census Bureau's yearly examination of America's population trends, Texas claims 5 of the top 11 fastest growing cities in America. more...

For most Americans working on minimum wage, the outlook on rent is becoming gloomy. The National Low Income Housing Coalition recently conducted a study that revealed there are no states where a minimum-wage worker on 40 hours a week can afford a 1 bedroom rental. more...

Despite how popular they are on TV and to homeowners, bathroom remodels have some of the smallest returns at resale, when compared to other home remodeling projects. more...

In the current seller's market, potential home buyers have to move quickly to get the home they have their sights on. more...

Some neighborhood features close to a home, for example power plants and cemeteries, can really undermine a home's value. more...

Satin Black is gaining popularity in appliances and kitchen & bath finishes, with manufacturers increasing marketing to place the finish as the new competition to stainless steel. more...

A lot of markets are experiencing growth in the rental sector, which in turn is attracting investors that hold single family homes to rent instead of flip. So what markets are the best for investor returns? more...

Spring is here again, and as the mercury rises, most buyers will be focusing more on a home's outdoor space. There are some straightforward ways to highlight your home's outdoor features. more...

While white is still a popular shade for home furnishings, gray may soon bypass it in popularity. From silvers to charcoals, more homeowners are electing to use shades of gray to serve as a neutral color. more...

While white is still a popular shade for home furnishings, gray may soon bypass it in popularity. From silvers to charcoals, more homeowners are electing to use shades of gray to serve as a neutral color. more...

When preparing a home for market, it's easy to focus on decluttering or where the family pet will go during an open house. However, there are simple blind spots where dirt collects, and they are also locations that potential buyers may be scrutinizing. more...

In home design these days, accessibility has become a buzzword due to baby boomers reaching retirement age. As a result, master bedrooms on the main floor are an increasing trend with new home builders. The website, BUILDER online reviewed the numbers to see if the trend will continue. more...

Are there any unwritten rules for showing etiquette for home sellers? You bet there is, and Realtor.com® recently recommended a few must follow etiquette tips. more...

Over the past ten years or so, most buyers have wanted open floor plans with fewer walls and a greater sense of spaciousness. That trend may change soon according to British architects that predict buyers wanting more walls in the near future. more...

From mortgage interest to property tax deductions, here are the tax tips you need to get a jump on your returns. Owning a home can pay off at tax time. Take advantage of these home ownership-related tax deductions and strategies to lower your tax bill: more...

Homebuyer incentives can be smart marketing or a waste of money. Find out when and how to use them. Be sure you’re sending the right message to buyers when you throw in a homebuyer incentive to encourage them to purchase your home. more...

More and more Americans are incorporating connected devices for their homes, ranging from items that control a thermostat via smartphone, to cameras that allow one to check on their home from anywhere. more...

Texas markets are doing well, in fact 6 of the top 10 healthiest housing markets are in Texas per the rankings released by WalletHub. more...

During the last 20 years, the American home has evolved significantly – aside from being more expensive, it now has more beds and baths, less fireplaces and greater outdoor features. more...

During the last 20 years, the American home has evolved significantly – aside from being more expensive, it now has more beds and baths, less fireplaces and greater outdoor features. Illustrating how much value can change in two decades is the average sale price ($154,900 in 1994 v/s $345,800 in 2014). more...

As stated in the National Association of REALTORS®’ 2015 Profile of Home Staging , home staging can impact a potential buyer’s perception of a home, and can even prompt them to raise an offer. more...

The country’s appetite for smart home technology is getting larger, and home owners are looking for more control of their home appliances, lighting, and other systems. As reported by Lowe’s 2014 Smart Home Survey, over 70% of approximately 2,000 adults surveyed say they want to be able to control something in their house from their mobile device more...

Next time you’re in front of your home, take a look at it’s curb appeal. Recent research from Virginia Tech revealed that upgrading a property’s landscaping can raise it’s overall value by 10-12% more...

It was certainly hot this summer, but is the Texas housing market getting to hot? Well, according to CoreLogic’s list of appreciating markets, two (Austin & Houston) are in the state of Texas. The fast job growth, population increase, and booming oil & gas industry have contributed to home values that are higher than historically realistic levels. more...

Data from the Bureau of Economic Analysis point to the per capita GDP showing a small 3.8% increase from 2010 to 2013. However, in a number of metro areas with technology or energy ties, incomes have grown much more quickly, as much as 13.2% over the same period. more...

This stat ought to make you want to stop throwing money away on rent – the rate at which homeowners build net worth is four times that of a renter. more...

It’s no secret that more Americans are migrating South, particularly to Texas. The boom in drilling and fracking has doubled the amount of oil produced in Texas over the last few years. Just in the last year, the state has added 300,000 jobs. more...

Data from the American Housing Survey suggests that new homes (defined as 4 years old or less) can be less expensive to maintain that older homes. more...

Trying to create a positive impression of a building has driven some condo developers to use customized scents to lure potential buyers. Stealing the idea from the hotel business, developers are crafting specific scents to splash throughout their buildings common areas and model units. more...

A 2013 National Association of Realtors® study on generational housing trends found that Millennials, or those born between 1980 and 2000 are the second largest home buyers demographic behind Generation X ( born between 1965-1979). more...

What level of satisfaction do owners of green certified homes have? A recent study reveals that the majority adore their homes and would purchase another green home again. more...

For an astounding fifth straight year, Houston has been designated the top destination city in America for movers. U-Haul’s recently released rankings titles “2013 Top 50 U.S. Destination Cities Report” has Houston topping the list again. more...

In a new survey of 1,000 potential buyers by Realtor.com®, 69% of those surveyed admitted to having a recent “home crush” – a home they desired so much that they were spellbound into looking at it multiple times in person or online. However, the data also shows that men and women react to these crushes in different ways. more...

The saying things are bigger in Texas applies to the housing boom as well. According to Forbes’ yearly list of America’s Fastest Growing Cities, the Lone Star State owns three of those top 10 spots. more...

As we get closer to that time of year again, Housingwire conducted an analysis of taxes in metro areas. That analysis revealed that some homes owners in the lowest taxed areas pay up to 7 times less than some of the heaviest taxed areas. more...

Per a report by the National Association of Home Builders/First American, as the country’s housing markets return to a level of normalcy, the smaller markets appear to be leading the charge. The Leading Markets Index reveals that of the 360 metro areas studied, 56 have returned to or surpassed their usual amount of economic and housing activity. more...

Sellers made a notable profit in 2013 in home flips, but that trend may be turning. more...

Investors have long looked toward higher returns through multifamily properties near college campuses. Which begs to ask the question, exactly how close to campus do you need to be for the highest returns on your investment? more...

Berkshire Hathaway Home Services, a brokerage franchise owned by Warren Buffett, has established a council of real estate professionals of the millennial generation to teach others the art of connecting with 20 and 30 something clients. more...

According to data by the brokerage ZipRealty, almost 2% of houses currently for sale in America are characterized as “perfect for entertaining” which is a 15% increase over the last 12 months. more...

Bloomberg reports the popularity of solar Panels is growing. so much so that they are becoming a standard feature in new homes in several regions. The Solar Energy Industries Association reports that 6 of the biggest homebuilders are now incorporating them in new construction. more...

Because they can trigger another round of negotiations, home inspections are integral parts of a transaction. Knowing this beforehand, some home owners are having the foresight to get an inspection done before putting their house on the market. more...

A report from Realtor.com says that over half of home buyers say they would be OK purchasing a “haunted” house. Based off of almost 1,400 people polled, the 2013 Haunted House Report also reveals that more than a third of respondents believe they have lived in a haunted house before. more...

Data from the National Association of REALTORS® shows that more people are living alone. Single buyers made up a quarter of all home transactions in the last 12 months. more...

According to an index created by the National Association of Home Builders and First American, 52 of 350 metro areas across the country have been restored to or eclipsed pre-recession levels. more...

When searching for a home, more potential home buyers are not ranking proximity to family members as a desired feature. Instead, a recent survey from Trulia & Harris Interactive reveals that buyers are paying more attention to a property’s size, school district, local crime rates, and commuting distance. more...

Potential home buyers first impression of a home is set by the outdoor space. In a recent article in Realty Times, Lillian Montalto gives these tips for improving the exterior curb appeal of your home: more...

Home buyers around the country are starting to get into bidding wars over hot properties. How can you make sure that every time you place an offer on a house that you aren’t just outbid? more...

Are there any problems that will be expensive to repair later with that great home that you are considering buying? Well, a home inspection is your chance to preform your due diligence to find out. more...

A recent survey from realtor.com® revealed that over 44% of buyers who plan to buy within the next 2 years said they would be willing to increase their budget by up to 10% to buy in their preferred school district. more...

Maponics LLS, a mapping data company, recently began providing a feature that grades the walkability of neighborhoods and school districts, as well as other geographical areas. The Vermont based company’s newest feature is a welcome addition to the Maponics Context suite. more...

Sometimes potential buyers want to buy new TV’s & furniture to fill their new house before closing. However, if they are not careful, they could delay the closing or even not qualify for the loan altogether! more...

In real estate, a good first impression is critical. While online appeal may attract buyers to schedule a viewing in person, a home’s curb appeal will get them in the front door. more...

You’ve found a house that you absolutely love, you’ve had it go through inspections, and now you’re ready to close. But to make sure you are satisfied with this purchase, you need to add the following questions to your checklist as you move through this stage of due diligence: more...

Showing much different housing preferences from previous generations, the Millennial generation has experts saying that Baby Boomers should take heed of these changes. In fact, some say the Baby Boomers may have difficulties selling suburban, larger homes due to this shift in the Millennial’s housing choices. more...

The old real estate marketing practices of the last 10 years – yard signs, print ads, flyer mailings – just do not have the effect they used to in today’s increasingly online world. more...

Although the recent housing recovery has brought a boom to home warranty sales on resale homes, potential buyers and homeowners should review the pros and cons of warranties. more...

With inventory getting tighter, many buyers are finding out the hard way that only competitive offers will win them the house they want. Kiplinger’s Personal Finance recently published an article that went over several ways a buyer can make offers more ‘irresistible’ to seller. more...

A report by Jones Lang Lasalle revealed that Houston ranks #4 in the U.S. and #5 worldwide for the highest number of real estate investment dollars in 2012. Over the last year and a half, Houston saw 8.8 billion in real estate investments, which is a 32% increase over 2011. more...

The website Realtor.com® recently release a list of the top 10 rental markets in the country. The list is based off the most searched markets on the Realtor.com website last month, and Houston made the list at number 10. more...

According to data from 24/7 Wall St, home buyers are willing to spend money above the price of a home in order to have certain interior features. more...

According to recent data from the National Association of REALTOR®, single home buyers made up one quarter of all home purchases last year. That data also revealed that single women purchase homes at double the rate of single men. more...

According to McGraw Hill Construction, the nation’s green housing market continues to get hot by making up 20% of all new construction last year. Experts also predict that share to rise to 38% by 2016. more...

Yesterday, the City of Pearland debuted it’s Connect2Pearland mobile application for smartphones. The application is available for Apple iOS and Android gadgets and gives users the ability to report a multitude of issues. more...

According to new data from the moving company U-Haul, Houston is the number 1 destination for relocations. This is the 4th straight year that houston topped the list generated by U-Haul that shows relocation trends of the most popular moving destinations. more...

According to a recent study by the pharmaceutical company Pfizer Canada, surveys revealed that smoking in your home can lower the home’s value up to 29%. more...

More potential investors are entering the market to purchase a home at a discounted price, rehab it, and try to resell it for a quick profit. During the market downturn a few years ago, house flippers mostly vanished. But with home values gradually increasing, house flipping is making a come back. more...

Is your home languishing on the market? In an effort to find some of the biggest reasons why some homes won’t sell (aside from location), MSN Real Estate recently polled real estate professionals for some answers. more...

In some areas, the housing market is heating up so much that some homes are selling in less than a day, which is known in the real estate industry as a “flash sale.” more...

For a city known more for big oil, and big hair, Houston seems like the last place to be the host of most of the world’s top websites. According to data recently released by Royal Pingdom, the United States is host to 43% of the top million websites, and the Bayou City tops all cities at 5%, or 1 in 20 websites. more...

A recent study tracked the eyes of 45 people viewing 10 online real estate listings in August 2011 and found that 95% of the people viewed the first photo – an exterior photo – for just twenty seconds. Knowing how consumers view a listing online can assist agents in perfecting any marketing approach to a property. more...

According to a report from “Congressional Quarterly”, a publication based out of Washington D.C. , Pearland was recently rated as one of the safest cities in the United States. The Washington D.C.-based publication releases an annual list of the safest cities in the nation and ranked Pearland 48th. more...

Home scents that are pleasing to buyers to facilitate a faster sale have always been in the minds of Realtors®. However, a new study by the college of business at Washington State University reveals that scents frequently used by real estate professionals in staging a home may actually repel some potential buyers. more...

When describing a home they are listing for sale, Realtors® like to use the buzzword “beautiful”. According to a study from Point2Homes that evaluated 300,000 listings, “beautiful” is the highest-ranked buzzword used to describe homes for sale. more...

According to a report from the Houston Association of Realtors®, the Houston housing market has now seen it’s 20th consecutive month of home sales gains.Single-family home sales are up 28.3% from last January, and Sales of all property types were up 29.1%. more...

Travel & Leisure magazine, a New York based magazine, recently released it’s list of the best steakhouses in America and Pearland’s own Killen’s Steakhouse made the list.The list included some high-end steakhouses from east and west coast major metropolitan areas like Washington D.C. and Beverly Hills. more...

A little know horror in the fallout of the foreclosure crisis is referred to “zombie titles”. Many former homeowners have discovered that they could be legally liable for a home they thought they no longer owned. Although national databases do not track such titles, according to housing experts, the problem of “zombie titles” is worsening. more...

Data showing what it took to get a home loan in 2012 was recently release by Ellie Mae. Some highlights from the Ellie Mae report include: ¦48 days was the average time to close a loan ¦21% was the average down payment ¦748 was the average credit score ¦Debt to income ratio: house payment averaged 23% and total debt averaged 34% more...

According to study of over four thousand homes, adding one photo of your online residential listing could increase the final sales price by 3.9%. Interior photos were determined to have more effect than exterior photos in boosting the sales price. Interior photos added a 3.9% increase versus a 1.9% increase from exterior photos. more...

The Mortgage Bankers Association reports for the third consecutive week, mortgage applications rose, even when mortgage rates increased slightly. Applications for refinancing were up 7.7%, and comprised the bulk of the increase in applications. Home purchase applications rose 2.5% and are generally seen as a leading indicator for future home sales. more...

As a forward looking indicator for housing, the Pending Home Sales Index is based on contracts and not closings. According to the National Association of Realtors®, while pending home sales declined last month to the tune of 4.3%, they have gone 20 consecutive months staying above previous year’s levels. more...

In an effort to make up for a large budget shortfall, the Federal Housing Administration announced it will publish new mortgage standards for certain home owners and replace a popular reverse-mortgage program on Jan 31, 2013. more...

Home prices are edging up in most markets, and buyers are taking notice. Buyer surveys recently have shown that home shoppers expect home prices to continue to inch up, and they want to cash in before they rise too much higher. more...

The 15-year loan, long considered a fringe character in the mortgage scene, is riding a wave of popularity, wrote AnnaMaria Andriotis with the Wall Street Journal. more...

The Texas housing market posted a 14% increase in sales volume with roughly 6% increases in both median and average sales price, according to the 2012-Q3 edition of the Texas Quarterly Housing Report. more...

Foreclosure discounts have nearly dried up due to low inventory levels, according to the latest housing reports. The average discount nationwide for foreclosure properties has fallen to 7.7 percent, according to Zillow research. In some parts of the country, there is no foreclosure discount when compared to other sales. more...

Just sold!! Closed on 11/09/12. This listing was a foreclosure I had in Alvin. Four beds, two baths on a two acre lot. The home needed a little cosmetic work, but it was a great value at $198,000. Congratulations to the new homeowner!!! more...

Buying is now cheaper than renting in 74 percent of the nation’s largest cities. Low home prices and “rock-bottom” interest rates as well as tax advantages of homeownership are the reasons why it’s now cheaper to BUY a 2-bdrm home than to rent one. Check out this CNN Money article with the details. more...

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