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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Property Management

The most recently published posts in the Property Management category
Texas has been a major beneficiary of increased oilfield employment, and that continues to have a positive impact on many of the state’s real estate markets. “It’s no secret that the oil and gas sector has a bright spot in the U.S. economy during the past few years,” said Dr. Harold Hunt, research economist with the Real Estate Center at Texas A&M University. “A PricewaterhouseCo...
Read Post [Posted on 08/27/2014 By John Askins]
Are you paying more or less every month than the typical American homeowner?The median amount American homeowners pay per month for their mortgage is $1,015, says new data from the Census Bureau’s 2011 American Housing Survey.The midpoint price paid for homes was $110,000 and the median home value was $160,000. The median U.S. home was built in 1974 — half were older and half were newer....
Read Post [Posted on 08/26/2014 By Garrett McWhorter]
Nearly one-third of new construction projects in the United States qualify as "green," up from 2 percent nine years ago, according to McGraw-Hill Construction.The green category is obtained by becoming LEED-certified.LEED, which stands for Leadership in Energy and Environmental Design, is the building rating system developed by the U.S. Green Building Council in 1998 to encourage en...
Read Post [Posted on 08/25/2014 By John Askins]
With Marcus & Millichap's National Apartment Report showing that the U.S. average for asking rents recently came in at more than $1,061 a month, housing analysts believe more apartment tenants will increasingly look to own.  Some expect the average monthly rent to rise to over $1,100 this year, which Paul Bishop of the National Association of REALTORS® says should prompt more potent...
Read Post [Posted on 08/23/2014 By John Askins]
Working with the right real estate agent can mean the difference between getting prompt, expert representation and feeling like you’re going it alone when selling your home. Here are 10 questions to ask when you’re interviewing agents.1. How long have you been selling homes?Mastering real estate requires on-the-job experience. The more experience agents have, the more likely they’ll be able to han...
Read Post [Posted on 08/22/2014 By Garrett McWhorter]
Paint every room with same color on a regular basisStandardize the sinks facets and other hardwareUse scrap floor vinyl on bottoms of cabinetsReplace appliances as neededUse mirrors to cover damages doors/wallsDo an upgrade for the tenant upon renewalRoof shingles can cover steps to prevent being slippery when wetImprove the lighting with higher wattage bulbs....
Read Post [Posted on 08/19/2014 By Andrew McCabe]
Manhattan may get all the ink when it comes to high-rise habitation, but with the economy steadily improving and modern architectural and construction techniques encouraging more daring developments, cities from Los Angeles to Houston are finding that when you can't spread out, you may as well move up.Even the famously squat Washington, D.C., is edging into the trend, with talk of repeal...
Read Post [Posted on 08/19/2014 By John Askins]
Insurer Liberty Mutual offers a “green” general liability product for apartments and condominiums as well as offices, retail, and light-industrial buildings. The company offers an indoor environment endorsement that covers bodily injury claims resulting from specialized air- and water-quality equipment and products; and an adverse publicity exposure endorsement that covers crisis plannin...
Read Post [Posted on 08/18/2014 By John Askins]
It'€™s the largest number of students Texas Tech has ever seen.This year 31,000 students will call Texas Tech home. This week the university is unveiling a brand new building that will help meet the demand.The West Village Residence Hall makes its debut Thursday morning at 9 a.m., just ten days before students will move in.It only took about 14 months to build from start to finish.It was d...
Read Post [Posted on 08/13/2014 By John Askins]
CFL light bulb save energy and money Switching out your five most frequently-used bulbs with Energy Star-rated models will save you $75 per year, according to the EPA. Save money nav bar You know that 10 or 20 pounds that you just can’t seem to lose? You do the right thing — eat kale or log time on the StairMaster — but the weight clings. You feel powerless. It’s like that with our energy bills, t...
Read Post [Posted on 08/12/2014 By Garrett McWhorter]
Home flips have snagged sellers a tidy profit. But the trend may not continue long term. RealtyTrac's Home Flipping Report at the end of last year showed single-family home flip gross profit was up to $62,761. But while profits were strong in flipping then, according to Housingwire, "the market may be peaking." Flips accounted for 3.8 percent of all sales in the fourth quarter, down sli...
Read Post [Posted on 08/04/2014 By John Askins]
Many former home owners displaced by foreclosure are being left with no other option but to rent. They’re increasingly turning to renting single-family homes, which is the fastest growing segment of the rental market, according to Fannie Mae research.Three million former home owners from the foreclosure crisis will likely rent single-family homes by 2015, according to estimates by John Burns Real ...
Read Post [Posted on 07/30/2014 By John Askins]
As the number of foreclosed homes dries up in some markets, some investors are looking elsewhere for properties to turn into rentals. With the rental market still strong, some investors are either buying finished single-family homes that they can use as rentals or even developing vacant lots to turn into rentals from the ground up, The Wall Street Journal reports.  Last year, 5.8 percent of ...
Read Post [Posted on 07/29/2014 By John Askins]
 Houston a top market for residential real estate investingEnlarge PhotoPeter HansenHouston’s healthy job market and relatively affordable home prices have landed the city on a list of the best markets in which to buy a single-family home as a rental property."" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" style="margin: 0px; padding: 0px; outline: 0px; border: 0px cur...
Read Post [Posted on 07/24/2014 By Rina Camhi]
Five to six million new renter households may be created within the next 8 years, caused from low inventories of homes available and tight credit conditions, according to the Bipartisan Policy Center. Rental demand is expected to particularly increase among seniors looking to downsize their homes, as well as young adults and a growing immigrant population. “We expect to see an increase in househol...
Read Post [Posted on 07/23/2014 By John Askins]
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