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Houston Real Estate Blogosphere
Houston Real Estate Blogosphere brings together all the blog posts of REALTORS from the Houston area in one place
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Home Values & Recent Sales

The most recently published posts in the Home Values & Recent Sales category
Rent-to-own, also known as a lease option, is a contract that allows renters to lease a property and, at the end of the lease (usually one to three years), have the option to purchase the home at a predetermined price. Ideal candidates for a rent-to-own option are potential home buyers who dream of ownership but are also concerned they haven&rsq...
Read Post [Posted on 02/25/2015 By Tiffany Markovsky]
Coldwell Banker Real Estate teamed up with Onboard Infomatics to rank the top places for suburbanites, ranking more than 11,000 suburbs on amenities, proximity to good schools, commutes, and safety. The top suburb on its list? Cherry Hills Village, Colo., about 10 miles outside of downtown Denver. The city boasts a nearly 100 percent home-ownership rate and has less than a 20-minute average ...
Read Post [Posted on 02/25/2015 By John Askins]
Houston and Austin Real Estate Markets Start Strong in 2015 The real estate markets here in Texas are starting 2015 with fervor as both the Houston and Austin areas experienced both home sales and prices on the rise.  The latest monthly Multiple Listing Service (MLS) report by the Houston Association of Realtors (HAR) showed home prices reaching record highs for the mon...
Read Post [Posted on 02/24/2015 By Samantha Mitchell Cotten]
Timbergrove Manor and Lazybrook are two contiguous neighborhoods just west of the Heights. These are generally 1960's ranch style homes, with a few mid-century moderns mixed in. This Home Price Table give you an idea of home prices, size, lot size at the end of year 2014. This gives a good comparison of other nearby neighborhoods Timbergrove Manor/Lazybrook Home Prices 4...
Read Post [Posted on 02/24/2015 By Richard Martin]
You want to know what your home is worth but you are not ready to sell. You may be considering whether to upgrade your kitchen or move. You may be completing a financial statement for the bank. Or, you may just be curious. But, you do not know a Realtor and do not want to go to a lot of trouble. Automated Valuation Models (AVMs) produce answers which may be useful to you. AVMs use tax records w...
Read Post [Posted on 02/23/2015 By James Brodnax]
Existing single-family home sales in Texas were up 4 percent last month from a year ago, while the median price was up 9 percent, according to the latest Multiple Listing Service data compiled by the Texas Real Estate Center. In January, 15,791 homes were sold, up from 15,238 in January 2014. The median price increased from $164,500 a year ago to $179,100. Housing inventory was at 3.1 mon...
Read Post [Posted on 02/23/2015 By John Askins]
The Howard Huges Corporation (the developer of The Woodlands) announced last year it planned to develop a new 2,000 acre master planned community just north of Conroe.  This would have a BIG impacts on our surrounding area; including roads, schools, job growth, company relocations, and government. I posted about this last year and, amidst the oil prices, I wondered if they were still movin...
Read Post [Posted on 02/21/2015 By Sarah Conway]
Many people have asked me lately if we are headed for a real estate market correction because of oil prices. The only answer I can give them is, "I'm not sure." Trying to predict the real estate market is like trying to predict the stock market, and anyone who tells you they know for sure if full of baloney. One thing I can tell you is  >>> often the first indicator ...
Read Post [Posted on 02/21/2015 By Sarah Conway]
Texas was one of five states that had the highest home price appreciation between December 2013 and December 2014, according to CoreLogic's latest Home Price Index. Including distressed sales, Texas home prices appreciated 7.8 percent, second to Colorado. Excluding distressed sales, Texas was fourth at 7.1 percent. Nationally, home prices (excluding distressed sales) increased 4.9 percen...
Read Post [Posted on 02/19/2015 By John Askins]
Home prices posted solid gains in the fourth quarter of 2014, with the majority of metro areas seeing a slightly stronger price growth, propelled by tight housing supplies, low interest rates, and a strengthening job market, according to the National Association of REALTORS®’ latest quarterly report. The national median existing single-family home price was $208,700 in the fourth quar...
Read Post [Posted on 02/18/2015 By John Askins]
Seventy-two percent of Americans say they expect property values to continue improving in the next year, according to the Prudential Real Estate Outlook Survey of home buyers and sellers. As such, nearly 70 percent believe real estate makes a good investment, despite the market volatility over the last few years, according to the survey. “Americans are feeling better about home ownersh...
Read Post [Posted on 02/17/2015 By John Askins]
Oil Prices and Local Real Estate There has been a lot written lately about the effects of low oil prices, the loss of jobs, and the results on our real estate market. My thoughts as a Heights Realtor is that it will be a good thing. Prices have been crazy for 2 years. Home inventory and days-on-market have been ridiculously low. To buy a house lately you had to jump in there first and offer ...
Read Post [Posted on 02/16/2015 By Richard Martin]
The most sought-after neighborhoods in 2015 won't be the trendiest or the most expensive. Instead, Redfin's recent list of the Hottest Neighborhoods of 2015 reveals that buyers are focused on "neighborhoods of compromise" that offer affordability and convenience and an overall good value, rather than living in a trendy location with a huge mortgage. This is in contrast to last...
Read Post [Posted on 02/16/2015 By John Askins]
More than 80 percent of new single-family homes have at least two bathrooms, which occupy an average of 300 square feet of floor space, or 12 percent of the total area, according to a study by the National Association of Home Builders. The home builder’s study reports a major return on value for extra bathrooms: "When the number of bathrooms is approximately equal to the number of be...
Read Post [Posted on 02/16/2015 By John Askins]
Disputes over $150 ceiling fans, curtains, or a dusty chandelier may seem trivial when negotiating a home sale, but some real estate professionals say such squabbles have actually cost them deals. “It’s the real estate version of road rage,” Paula Del Nunzio of Brown Harris Stevens told The New York Times.  What’s really at play here over these disputes? Is it re...
Read Post [Posted on 02/14/2015 By John Askins]
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