Housing costs are taking a bigger bite out of households’ incomes: More than a third of home owners with a mortgage and more than half of renters paid 30 percent or more of their household income toward housing costs last year, Census data shows. National median household incomes have dropped the past year, causing more households to devote more of their income to household costs.
New-Home Market Posts Big Gains as Permits Surge Daily Real Estate News Wednesday, November 27, 2013 --> Housing permits for home construction reached a five-and-a-half-year high in October, signaling a strong uprise in new-home construction, the Census Bureau reports. Led by a big jump in multifamily permits, overall building permits surged 6.2 percent in October to a sea...
Downtown Houston went from being a "desolate, almost forgotten" area in the '60s to Houston's biggest business district today. Downtown is now a vibrant hub filled with commercial venues, businesses, and residential loft buildings.Downtown has more than 150,000 workers
employed by 3,500 businesses including Chevron, JPMorgan Chase, and
Shell Oil Company.Downtown Houston's strong commerce has a...
What exactly is the difference between a condominium and a
town house? It’s very simple a condominium is owned by the resident plus a percentage
around the area including amenities. Townhomes are usually individually owned
and own the ground beneath that unit. Townhomes more usually consistent with
single family’s . Contact
us with any questions!
East Side Lofts, or Promenade Lofts, is one of Downtown Houston's newest loft-type buildings. Located in EaDo (East Downtown), East Side Lofts is a four-story residential condo building with 29
lofts for sale.East Side Loft (also called Promenade Lofts) is found at 2323 Polk St. Houston 77003. It is in the northeast
corner of Polk and Dowling and three blocks east of George R. Brown
The Woodlands Development Company has announced that construction has begun on Hughes Landing's first apartment complex, One Lake's Edge, that could bring 390 multifamily residences to the 66-acre mixed use development in early 2015.
Located along Lake Woodlands, One Lake's Edge will offer panoramic views of the lake with shopping, dining and entertainment venues nearby in Hughes Landing. The lux...
Do you get starstruck?In these cities, you definitely will.
Outside of Los Angeles and New York City, the obvious playgrounds of the rich and famous, you're most likely to have celebrity sightings in these five cities, according to Rent.com. The site ranked the cities based on filming activity for movies and TV shows, as well as their music scenes — and just for good measure, it threw in the aver...
The median price for a high-rise condo in Houston jumped seven
percent over the past year. Condo sales continue to rise, however. Last year, 740 contracts for condos were closed. This year nearly 500 had
already been sold by the end of July. Big contributors to this growth are improved credit markets, lower interest rates and
new condo buildings sprouting all over Houston.
As popularity of condominiums has grown over the past ten
years developers have created all sorts of condo types. A condominium is
individual homes that are sold and not rented. Like always contact us with any questions!
Developers have noticed that condo and townhouse buyers enjoy having the chance to create their own living space.
Mary Kate West, who moved with her husband into a four-floor, 4,000-square-foot town home in Chicago's trendy Lincoln Park neighborhood last year, said, "Nothing here is cookie-cutter. Everything is thought out. If there's a molding, we chose it. We even have a coffered ceiling. You d...
real estate is currently on a two-year roll of strong sales. Aside from
record-breaking numbers in single-family and townhome sales, Houston
condos are also selling well.To address the growing demand,
developers built more than 30 residential condo high-rise the last 12
years. Today there are 72 high-rises in the Houston, amounting to
roughly 8,300 condos for sale.Despite the i...