As stimulus package was signed into law this past Wednesday, speculation about the housing provisions in it ceased. During the course of congressional negotiations we went from a $15,000 tax credit to nothing, and everywhere in between. The simple facts Under the $787B recovery package, first time homebuyers...

Just over a month ago, 2008 came to an end as one of the choppiest years for the real estate market in at least two decades. Across the country, markets were hit with slow sales and falling prices with some areas in the West dropping as much as 30%. News media outlets latched on to the national data...

As part of an $8.4B settlement with 11 states, Countrywide Financial (now part of Bank of America) announced a restitution program totaling $10.3 million for qualifying Texas borrowers. The original settlement negotiated by Texas Attorney General Gregg Abbott called for a total of $345 million, the majority...

The feeling is all too familiar to us entrepreneur types. The debilitating paralysis that grips our business soul and temporarily evaporates every ounce of our self confidence. If you have ever owned a business, there has been a time when you invested all your creative energy on closing that deal or...

In the midst of an atmosphere of job losses, layoffs and unemployment, Houston just closed the year as the top in the country for job growth adding 57,300 jobs in 2008. From the Houston Business Journal story: Houston had the best year of any market, picking up an additional 57,300 jobs, according to...

Happen to catch the news lately? It’s war out there, this economy. Carnage. Tailspin. Depression. Anchormen drooling as they report news on yet another plummeting housing statistic. Then this. On Tuesday, the National Association of Realtors reported that its pending home sales index was up 6.3%...

Real Estate Market Statistics for Rice Military: Free Standing Homes Active on the Market There are currently 44 total properties for sale asking an average of $172.62/SF priced as low as $309.9k all the way up to $1.2M. Almost 70% of the current inventory for sale are new developments. On average ,...

Real Estate Market Statistics for Houston’s Heights District: Active on the Market There are currently 138 total properties for sale asking an average of $198.85/SF priced as low as $154.9k all the way up to $1.35M. Over half of the current inventory for sale (54.3%) are new construction homes....