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 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

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...

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...

Pending Home Sales on the Upswing

Pending Home Sales on the Upswing
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%...

Rice Military Market Report January 2009

Rice Military Market Report January 2009
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 ,...

Heights District Market Report January 2009

Heights District Market Report January 2009
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....

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