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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...

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...

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....

Houston Real Estate shows signs of stability in April

Houston Real Estate shows signs of stability in April
Houston Real Estate showed definite signs of stability in the month of April with median home prices staying unchanged (after dropping in the entire first quarter) and inventory levels at a healthy 6.1 months. On the downside, total number of homes sold and pending home sales continued their downward...

Houston Real Estate market slugish in February (Video)

Houston Real Estate market slugish in February (Video)
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

Auction vs Bank Foreclosures – A Video Analysis

Auction vs Bank Foreclosures –   A Video Analysis
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....

Rice Military Real Estate Market Report – Feb 2009 (VIDEO)

Rice Military Real Estate Market Report – Feb 2009 (VIDEO)
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...

Heights Real Estate Market Report – February 09 (Video)

Heights Real Estate Market Report – February 09 (Video)
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...

Stimulate your Houston home purchase in 2009

Stimulate your Houston home purchase in 2009
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...

Houston Real Estate Market in ‘08 – Slower but Resolute

Houston Real Estate Market in ‘08 – Slower but Resolute
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...

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