When people dream of vacation homes, oftentimes they cut themselves off quickly, thinking they would never be able to afford one. However, new research by the National Association of REALTORS® shows that is probably not the case. While vacation homes are obviously a big investment, they aren’t out of reach for those under the six-figure salary mark. According to NAR’s … [Read more...] about Vacation Homes are Not Just for the Wealthy
A Family Lives in 675 Square Feet – the luxury of less
The luxury of less - 675 square feet might seem awfully small for a family of three — but this couple and their son are making it work, thanks to some clever renovations. Here are the small-space solutions that make this 675 square foot apartment livable, and these same principles apply to the small condos and homes on the Texas coast as well. After a four-month renovation, … [Read more...] about A Family Lives in 675 Square Feet – the luxury of less
Fannie Mae Streamlines Condo Approval
On Nov. 10, 2014, Fannie Mae published an update to its lender selling guide to improve and streamline its condo project approval process. The comprehensive changes have already been made to allow for immediate implementation, but will be updated in Fannie Mae's Condo Project Manager in March. Some of the changes: Consolidation of Condo Project Manager and Full Review … [Read more...] about Fannie Mae Streamlines Condo Approval
The Texas coast travel and tourism industry
David Teel, President and CEO of the Texas Travel Industry Association (TTIA). TTIA represents an array of travel and tourism-related business in our state, including hotels, airlines, attractions, campgrounds, convention and visitor bureaus, advertising firms, restaurants, travel agencies and tour operators. Mr. Teel shared his thoughts on the current state of the travel and … [Read more...] about The Texas coast travel and tourism industry
Luxury Buyers Are Spending Mega Bucks in These Markets
The high-end residential real estate market remains strong point and plays a big role in the housing recovery. Nearly half – 48 percent – of all wealthy consumers recently reported that they plan to purchase a luxury home within the next 12 months, according to a survey of consumers with a net worth of at least $5 million conducted by Coldwell Banker Previews International … [Read more...] about Luxury Buyers Are Spending Mega Bucks in These Markets