Housing Market

7,597 Posts
Houston Real Estate Milestones in May
18 July, 2009| Home Buying, Housing Market
According to Houston Association of Realtors  At $213,474, the average price of a single-family home reached its highest level since August 2008; At $157,450, the median price of a single-f... read more
Locally Owned Builders Thriving in Sugar Land Mark...
18 July, 2009| Home Builders, Housing Market, Neighborhoods & Com...
Local home builders David Weekley Homes and Perry Homes have been thriving in the local new home market. And now, welcome back Newmark Homes Houston. This home builder was founded in 19... read more
Texas Is The "Stickiest" State
18 July, 2009| Housing Market, Relocation & Newcomer, General
We're not talking humidity this time. More than 75% of adults born in Texas still live here, according to a study by the Pew Research Center using US census data. We have a lot going for us, and our e... read more
Don't Let Paralysis of Analysis Hold You Back
16 July, 2009| Home Buying, Housing Market, General
Many qualified buyers are not taking advantage of fabulous interest rates, lower home prices, and an incredible opportunity to put $8K back in their pockets by buying a home. Most of these hesitant bu... read more
Waiting For Prices to Drop Can Cost More in Intere...
16 July, 2009| Home Buying, Housing Market, Mortgage & Finance
If a person is waiting to "time" the bottom of the market before they purchase, it is highly unlikely that they'll identify it properly.  Once you can know for sure that the market has bottomed,... read more
In Texas, you can get ahead in the recession
14 July, 2009| Housing Market, General
Houston, Dallas top rankings of cities where thriving is still possible By Lauren Sherman updated 2:17 p.m. CT, Mon., July 13, 2009 Look to Texas if you're willing to work hard to ride out the r... read more
June Marks 9-Year High in F H A Loan Endorsements
14 July, 2009| Home Buying, Housing Market, Mortgage & Finance
The Federal Housing Administration endorsed 94,069 single-family mortgages in June, the highest number in nine years, according to the agency. Refinance transactions totaled 48,200 and purchase transa... read more
To Sell or Not To Sell??? That is the Question
13 July, 2009| Home Selling, Home Values & Recent Sales, Housing...
  To Sell or Not to Sell???? (written for Augusta Pines Online- Spring TX 77389)  (Members Only) (edit/delete) Our Local Outlook to sell or not to sell that is the question????  ... read more
Perspective on the National Foreclosure Rate
13 July, 2009| Foreclosures & Investments, Housing Market, Mortga...
According to the Mortgage Bankers Association, 30% of American homes are owned outright—free and clear—with no mortgage.  Of the 70% of 1-4 family homes that do have mortgages, 96.15% are NOT in... read more
May Townhouse & Condo Sales Highest Y T D
12 July, 2009| Home Selling, Home Values & Recent Sales, Housing...
While townhouse and condo sales are down compared to May of last year, May sales in this category were the highest so far in 2009. Townhouse/Condo UpdateThe number of townhouses and condomin... read more
May Single-Family Average & Median Home Prices Up
12 July, 2009| Home Buying, Home Values & Recent Sales, Housing M...
According to HAR's most recent sales statistics, Houston is still an extremely affordable place to live and sales prices overall are increasing. If you've been waiting for the bottom of... read more
Houston Real Estate Milestones in May
12 July, 2009| Home Values & Recent Sales, Housing Market, Genera...
People ask me every day how the market is doing, so I'm sharing some highlights from HAR. You can see it's not all doom and gloom for us. Prices are climbing, sales volume is increasing, inventory is... read more
HAR.com is addictive! Are you a junkie?
11 July, 2009| Home Buying, Housing Market, General
According to HAR.com, there were over 1M unique visitors to the site in June. Each visitor stayed for an average of 9+ minutes, and over 12M detail pages for listings were viewed last month. See... read more
Home Fixes to increase the value of your home
8 July, 2009| Home Marketing, Home Remodeling, Housing Market
  These days, most homeowners are facing a scary reality: a rapid decline in their home's value. According to the National Association of Realtors, median existing home prices are down 7.7% from... read more
Real Estate Market Report - 2nd Quarter - Greater...
7 July, 2009| Housing Market
  In this month's newsletter, Norhill Realty presents our 2nd Quarter Market Report for the Greater Houston area.  This report tracks several key neighborhoods within Greater Houston's Inne... read more