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Houston Real Estate in July: Recovery Trend strengthens

In what is definitely the strongest showing of the year, the Houston Real Estate market continued on the positive trend that started 2 months ago. The recovery trend seems to be getting stronger as the decline in sales is now down , prices are continuing to climb, inventories are healthy and foreclosures...

Not your Grandpa’s Dilapidated Repos. Luxury Foreclosures Alive and Well in Houston

Not your Grandpa’s Dilapidated Repos. Luxury Foreclosures Alive and Well in Houston
Quick show of hands: How many of you think of something like this when the word “foreclosure” is mentioned? I don’t blame you. If you were to pick up your Webster’s and look up the ‘f-word” this is probably what you would find. But there’s another, much richer...

First Time Homebuyer Tax Credit Expires in 4 Months. Gameplan?

First Time Homebuyer Tax Credit Expires in 4 Months. Gameplan?
The First Time Homebuyer Tax Credit was originally established and applied to home purchases closed in 2008. Passed under the first stimulus package of the previous administration, it was basically a $7,500 interest free loan that homeowners would pay back $50 each month starting the third year of ownership...

Positive Indicators in June: Market Strengthens Further

Positive Indicators in June: Market Strengthens Further
The real estate market in the Houston Area showed further evidence of visible strengthening in the June 2009 sales figures released by HAR. Numbers moved in lockstep with a three month trend of improvements that has median sales prices rising, total sales falling at a slower pace and sound inventory...

The Foreclosure Secret

The Foreclosure Secret
The time has come for me to share with you a previously undisclosed Foreclosure Secret. Those that possess The Secret can not only save tons of money but they  will  be empowered to take action and start making money today. To date, I have not shared The Secret with anyone else, for fear that its power...

Preapproval Letter is Buyer’s Passport

Preapproval Letter is Buyer’s Passport
It is a bit counterintuitive, I’ll give you that, upfront.  It seems more rational to find the house you want to purchase first, then pursue financing options. But in this market, more than ever, the exact opposite is true. The preapproval letter from the lender is the necessary passport you must...

4 Strategies to sell your Houston Home this month

4 Strategies to sell your Houston Home this month
When the market shifts, like it did in late 2007, it is easy to get caught off guard as your decisions still take into account a market with ever increasing home values and an abundance of buyers. These decisions inevitably lead to an overpriced home that will stay unsold for months causing frustration...

All that shines is not gold: Finding a foreclosure deal in Houston

All that shines is not gold: Finding a foreclosure deal in Houston
ForeclosureFriday is a new weekly column we’re starting at ErionHouston.com to bring to our readers a mixture of sound advice on pursuing foreclosure properties and actual deals on Houston Foreclosures we uncovered during that week in our research. During the current economic crisis, “foreclosure”...

Top 5 Reasons to Buy this Summer

Top 5 Reasons to Buy this Summer
TipTuesday is a new weekly column we’re starting at ErionHouston.com to bring you some easy to digest, common sense real estate tips you could put to work right away. With the constant barrage of conflicting news you get in the media every single day, it can get difficult to know when is just...

Houston real estate market turning the corner in May 2009

Houston real estate market turning the corner in May 2009
On Tuesday, the Houston Association of Realtors released market statistics that amount to some of the best real estate news coming out of the Houston Area since Fall 2008. Here’s the short version: Both Average and Median Sales prices were up (0.3% and 1.6% respectively) compared to May 2008....

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