Last week, the Houston Association of Realtors published the real estate sales figures for the Houston Area during the month of February. These are the trends we are seeing in Houston Real Estate: Number of Sales: Down 24% Median Sales Price: Down 8.23% Inventory Levels: Stable

If you are looking for a property to buy as your primary residence, buying at the auction is a bad idea, in most cases. Negatives of auction foreclosures: 1. Inability to finance (capital intensive) 2. No title insurance (possibility of liens) 3. Possibility of back taxes 4. No thorough inspection 5....

I get an email from the Texas Real Estate Political Action Committee (TREPAC) this afternoon about three proposed bills in the Texas Legislature that would allow counties to impose a real estate transfer tax to raise money for transportation projects. Needless to say, TREPAC is slightly biased in its...

Real Estate Market Statistics for Rice Military: Free Standing Homes Active on the Market There are currently 49 total properties for sale asking an average of $178.21/SF priced as low as $309.0k all the way up to $1.2M. About 63% of the homes currently for sale are new developments. On average , active...

Last week the Houston Business Journal reported that unemployment is up to 6.5% in the Houston area: According to the report released Thursday, 183,000 people in the area were without jobs in January — an unemployment rate of 6.5 percent — compared with 155,700, or 5.6 percent, in December 2008. While...

Houston Heights District – Real Estate Market Report from Erion Shehaj on Vimeo. Active on the Market There are currently 135 total properties for sale asking an average of $200.27/SF (virtually unchanged) priced as low as $149.9k all the way up to $1.35M. Over half of the current inventory for...