The Groves

Trees. Natural beauty. Great Amenities. Sought after schools. There isn’t much more that can be asked of in a neighborhood and The Groves checks all of these off the list plus more. Located off of West Lake Houston with convenient access to both Beltway 8 and 59, as well as sitting a short 25 minutes from the George Bush International Airport, The Groves is quickly becoming one of the most sought after and awarded developments in the Greater Houston area. At the recent Greater Houston Builders Association (GHBA)’s 2016 Houston’s Best PRISM Awards, The Groves was awarded more awards than any other community in Houston, including The Developer of the Year Award. Crescent Communities, LLC, developed the community to be an oasis for homeowners filled with luxury set amidst the beauty of nature. Currently, The Groves offers homes from eight different builders with prices starting in the high 200s. Current builders include: David Weekly Homes, Village Builders, Perry Homes, Westin Homes, Darling Homes, Highland Homes, Trendmaker Homes and Taylor Morrison. All homes in the community are zoned to the highly desired Humble ISD, with two new schools to be located in The Groves within the next two years. A new elementary school will open in Fall 2017 with the middle school anticipated to open its doors in Fall 2018. Part of the lure of The Groves is its amenities and convenient location. Currently the community houses an incredible nature playground which incorporates wood recycled from trees cut down during community development. The playground, which is located at the community center, sits near the community’s splash pad, as well as the...

The Decision to Rent or Buy

Rent or buy? Buy or Rent? It’s a question that leaves many scratching their heads trying to make the right decision. So, which is the right answer? It will depend on the individual situation, but there are factors to consider. The most obvious of considerations is finances. For the majority of people, there will be no more expensive single purchase made during their lifetime than their home. Buying a home cannot be jumped into delicately for this reason. According to a recent msn.com article, it’s important to calculate your after-tax income and compare that to your expected home costs. These costs could include a monthly mortgage, potential HOA fees, maintenance fees and more. However, there may be some tax advantages to home ownership that can also be factored into these calculations. The Consumer Financial Protection Bureau has a monthly payment worksheet that helps potential buyers assess whether their wallets are able to take on the costs of owning a home. While it may seem renting would be cheaper with all that goes into owning a home, that isn’t necessarily the case. According to Trulia.com’s Rent vs. Buy Report, in Houston and the surrounding areas, it is currently 46% cheaper to buy than rent. (Check their rent vs. buy calculator out for a better gauge of your financial situation https://www.trulia.com/rent_vs_buy/) Outside of the financial obligations, there are other responsibilities that need to be considered before making a decision. Owning a home affords the owners a sense of community and belonging. Buying a home gives one an asset and the ability to build equity. It also brings the freedom to truly make...

Could the Fall be a Seller’s Market?

It is often said that fall and winter are considered the slow season for listing a home to sell. However, Realtors have seen a change in recent years and this old adage isn’t holding as true anymore thanks to motivated buyers and less competition. Strategically, these two conditions could make the fall the best time to make your move. Buyers who are out looking for a home during the fall months are typically needing to find a home quickly do to a job relocation or other life change, making them eager and ready to buy the right house. In addition to a more keen buyer, listed houses often face less competition during the fall and winter months. This less saturated market can be a huge advantage to the seller. Furthermore according to research on listed homes compiled by the Redfin Corporation, homes listed during the off months “have a 9 percentage point greater likelihood of selling, sell a week faster, and sell for 1.2 percentage points more relative to list price than homes listed in any other season.” It’s time to put the thought of slow fall season to rest and get your house ready to...