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Fulbrook and Fulbrook on Fulshear Creek News

Housing Market Predictions for 2017

We can expect a hot year for home sales in 2017, according to recent forecasts from the National Association of REALTORS®, the Mortgage Bankers’ Association, Freddie Mac and Fannie Mae, and more. 
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Local Businesses in Fulshear

When you live in a perfect small town like Fulshear, Texas, you can shop small and local. We're blessed to have several great local businesses right in town, where you can get truly unique items and support locally made products. We recommend the following storefronts right in Fulshear, the next time you catch the shopping bug: 
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Should You Buy A Home With Less Than 20% Down Payment?

There’s a reason most people don’t purchase a home on a whim. From appraisals and inspections to closing costs and down payments, the upfront cash required can take years to save. However, thanks to low-down-payment loans now on the market, homeowners can have keys in hand to that home for sale in Charleston, SC, or San Antonio, TX, with significantly less cash out the door. But is purchasing a house with little to no money down a good financial move?

What are the types of no- or low-down-payment loans?

There are several no- or low-down-payment loan options available for a wide array of financial situations. We’ll highlight just a handful.

VA loans: Reserved for active-duty and honorably discharged service members, reserves, National Guard members with at least six years of service, and spouses of service members killed in the line of duty, VA loans require 0% down and no private mortgage insurance.

USDA loans: Also known as the “rural housing loan,” this 0%-down loan is meant to help low- to moderate-income households in eligible areas that are in need of housing but may be unable to qualify for other loans.

FHA loans: With more lenient approval requirements than conventional loans, FHA loans also require as little as 3.5% down. However, mortgage insurance premiums will have to be paid for the life of the loan.

Conventional loans: It’s possible to get a conventional loan with as little as 3% down, but just as with FHA loans, there’s an additional requirement of private mortgage insurance (PMI). However, once you reach 20% equity in the home, this additional cost can be dropped.

 
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Houston Ranks #3 in Market for Home Price Growth

home-price-growth
According to a recent article by Houston Business Journal, Houston and other Texas cities dominate top markets for home price growth.  
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Health Care Industry Boom Reaches Fort Bend County

According to a recent article by Community Impact, the health care industry boom reaches Fort Bend County: 
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Health care industry boom reaches Fort Bend County

According to a recent article by Community Impact, the health care industry boom reaches Fort Bend County:

As Houston’s economy continues to recover from the oil and gas downturn last year, the health care job market in Greater Houston—including Richmond and Fort Bend County—has proven to be resilient as the area population and demand for services continue to rise.
 
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What Locals Have to Say About Houston

Thanks to a recent article by Trulia.com, check out what Houstonians had to say about living here! 
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Tax Rate Falling, Salaries Rising in Fort Bend County

Commissioners Court will approve budget, rates, raises in September. 

Amelia Brust reported: 
 
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Why School Districts Matter When Buying a Home

School Districts tell a lot about an area. High performing districts are coveted by parents that care about their children's welfare. Those that have the means to pay for that welfare seldom hesitate when it comes to choosing the area they decide to move to. In fact, which school district a home is in is quite often one of the most important criteria a parent has when they are house hunting.  
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New Schools Open in Fulshear


Residents of Fulshear are celebrating the beginning of a new school year at brand new schools. Fulshear Junior High School and Leaman Junior High School are open for the 2016-2017 school year at a dual-school complex complete with new facilities for football, basketball, baseball, softball, track and field, soccer and band.

Fulshear High School is serving freshmen and sophomore class and will grow to add a grade level each year. The first graduating class will be the Class of 2019.

Leaman Junior High has opened their doors to 6th, 7th, and 8th grade students. 

Voters approved the schools in the 2011 bond election to help meet the educational needs of the Districts growing northern area. Fulshear High School is the fifth addition to high schools in the Lamar Consolidated ISD and the first high school located in Fulshear.

The design and layout of the new High School building is identical George Ranch High School, and the overall square footage is also virtually the same. “Chargers” is the mascot for the new school with the colors purple and black.

Danny Ward is the first principal at Fulshear High School after six years as the principal at Taylor High School. His career includes serving as principal at a middle school and an elementary in Taylor and as a principal and assistant principal in Irving ISD.

Mike Semmler will be the first principal at Leaman Junior High. During his career he served as principal at Briscoe Junior High School, assistant principal at Foster High School and Briscoe JH.



 
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