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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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Property Management

The most recently published posts in the Property Management category
Rising rents are forcing renters to outspend home owners on housing costs, according to a study.  Since 2005, home owners’ housing expenses have climbed from 31.9 percent of their household budget to 33.2 percent. On the other hand, in that same time period, renters’ expenses have jumped from 35.6 percent to 38.4 percent, according to CoreLogic U.S. Housing and Mortgage Trends....
Read Post [Posted on 02/01/2015 By John Askins]
In recent years, many leaders in the real estate industry were looking to apartments and rental properties as the new hot market.  But is it the best course? Home prices and foreclosures that weighed down the home market seemed to be the driving force behind this trend. However, Dr. Mark Dotzour, chief economist for the Real Estate Center at Texas A&M University, sa...
Read Post [Posted on 01/27/2015 By John Askins]
Construction on buildings with at least five apartments reached the highest pace last year since the beginning of 2006. But one big difference compared to 2006, Freddie Mac economists note, is that there is less development of condominium complexes, and most of the multifamily offerings are rentals. "The growth in net household formations has been among renters," a Freddie Mac report ...
Read Post [Posted on 01/17/2015 By John Askins]
Houston’s office market had 2.2 million sf of positive net absorption in fourth quarter 2014, bringing the year-end total to 6.8 million sf, Colliers International reported in its latest quarterly market report. Over 2.1 million sf of new inventory was delivered in the fourth quarter, bringing 2014 year-end delivered inventory to over 6.6 million sf. The city's office construc...
Read Post [Posted on 01/16/2015 By John Askins]
 I specialize in locating qualified renters for your investment property or your home if you want to rent it for a certain amount of time and then try to sell it again later. I can come out and give you suggestions on repairs, deposits, credit acceptance, pricing, late fees, handle all the screening, 24 hour advertising, we save you the hassle of driving to and from the property, backgro...
Read Post [Posted on 01/12/2015 By LaWanda Lendsey]
You are a homeowner, but now your family has simply outgrown the place. You’re almost ready to start hunting for a new home—but hesitate. The fact is, you’re reluctant to give up your present property. It’s been a terrific home, and you suspect it’s only going to grow in value… If your financial fortunes are on the upswing, you may be wise to consider the vi...
Read Post [Posted on 01/12/2015 By Connie Inmon]
The world’s largest manufacturer of heating, cooling and refrigerant products plans to build a four million-sf manufacturing and logistics campus on Houston's northwest side. Daikin Industries' $417 million facility will employ 4,000 people. The Japanese company, which owns Goodman Global, will build the campus off US 290 about three miles west of Grand Pkwy. (SH 99). Daikin wi...
Read Post [Posted on 01/12/2015 By John Askins]
The U.S. Taxpayer Advocate has officially complained to Congress that the IRS is harming taxpayers when it imposes tax liens on homes. National Taxpayer Advocate Nina Olson reported that IRS agents only consider income and expenses—not other debts—when sizing up a delinquent taxpayer’s ability to pay. Research from Olson’s office also shows that tax liens do...
Read Post [Posted on 01/11/2015 By John Askins]
Houses that will sit empty through the winter need attention to avoid frozen pipes, reports Long Island American Water, which is part of American Water, the largest investor-owned U.S. water and waste water utility company. The company offers these tips for ensuring that pipes don’t burst: · Search for pipes that are not insulated, or that pass through unheated spaces such as craw...
Read Post [Posted on 01/10/2015 By John Askins]
Thousands of single-family homes are being built to rent rather than sell, The New York Times reports. More home builders and investors see it as an income-generating investment at a time when the pool of first-time home buyers is shrinking. For example, in the Atlanta area, a five-bedroom, three-bathroom new home that may have sold for less than $200,000 can fetch $1,300 a month in rent. ...
Read Post [Posted on 01/10/2015 By John Askins]
With rental prices on the rise, where are renters paying the most in the country? San Francisco tops the list of cities where rents are the costliest, as rental costs have shot up 8.1 percent quarter-over-quarter — one of the highest increases nationwide. Zumper, a national apartment rental site, recently released its November 2014 rent report, naming the following top 10 priciest rent...
Read Post [Posted on 01/06/2015 By John Askins]
A Trulia study shows that owning a home is more affordable than renting over a seven-year time frame in America's 100 biggest cities. Trulia collected data on homes for sale and for rent from its Web site during the last year, and factored in such items as transaction costs, taxes, and opportunity costs. The study assumes that the home is sold after seven years and includes closing costs, m...
Read Post [Posted on 01/06/2015 By John Askins]
More homeowners' groups may be operating with insufficient reserves, which could one day result in an unexpected increase in costs to home owners. An estimated 70 percent of association-governed communities are underfunded, a rise from 60 percent a decade ago, according to a new report from the consulting firm Association Reserves. Associations that lack adequate reserves may impose larg...
Read Post [Posted on 01/04/2015 By John Askins]
Think hipsters aren't as cool as they think they are? Take a look at their effects on housing. The hipster lifestyle can have a “major impact on local real estate markets, and mostly in a positive way,” says Daren Blomquist, vice president of RealtyTrac.   Neighborhoods that are branded as “hipster” often offer trendy restaurants, coffee shops, and other am...
Read Post [Posted on 01/03/2015 By John Askins]
Real estate entrepreneur Ryan Moeller offers these four tips for anyone considering a consumer real estate investment: 1. Don’t count on appreciation. Appreciation is a bonus. 2. Watch the loan-to-value ratio. Ideally, the total cost of the purchase, fees, and repairs should be no more than 70 percent of the appraised value of property in good condition. 3. Maximize annual return. A...
Read Post [Posted on 01/02/2015 By John Askins]
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