Houston Housing Market

City Of Houston Balance Sheet Suggests Bankruptcy

admin — Wed, 28 Oct 2009 01:37:23 +0000

It seems that the real estate industry is not the only group who have mismanaged their markets over the last four years. Rampant over spending by the City of Houston has basically transferred ownership of the City of Houston from the local tax payers to the city employees. The most shocking part of this story [...]

Houston Real Estate Market Report For October 2009

admin — Tue, 20 Oct 2009 22:13:36 +0000

September 2009’s numbers versus those posted in September 2008 are up substantially, but really only brings a very small amount of improvement when you take the time to analyze the numbers deeper. Even the leaders at HAR said that it is unfair to compare this month’s numbers with those seen in September 2008 because of [...]

Houston Real Estate Market Update By HAR For September 2009

admin — Thu, 24 Sep 2009 18:41:57 +0000

The Houston real estate market continues down a path of stability. With home prices seeming to hold as August saw another increase in the Median home sale price. The drop in the average home sale price for the Houston real estate market coupled with an increase in the Median home sale price lays credit [...]

Houston Housing Market Report For August 2009

admin — Tue, 25 Aug 2009 01:08:13 +0000

Lately the national real estate market has been getting a lot of positive press as things in many of the markets covered by the Case-Shiller index have turned around and shown small increases in appreciation. Even though the Houston housing market is not included in the Case-Shiller index this press will likely have positive impact [...]

Mary Alice Short On Why It Is Important To Pick A Good Buyer’s Agent

admin — Thu, 20 Aug 2009 21:29:58 +0000

Pick A Good Buyer’s Agent I have always enjoyed forums and recently ran into an agent who is begining to produce a series of great videos about Short Sales (A transaction in which a owner sells their property for less than the loan balance without bringing the shortage to closing but rather has the bank approve [...]

Major National Real Estate Research Firm On Houston Real Estate Market

admin — Thu, 23 Jul 2009 18:59:04 +0000

I was recently interviewed for an article written about the shape of the Houston real estate market. The article was written by Zachary Fox from SNL financial a major national real estate research firm. SNL financial usually only makes these articles available to subscribing members of their online research product. Since I was quoted and [...]

Let Us Not Allow Our Nation Join England At The Bottom Of The Sea

admin — Thu, 23 Jul 2009 18:12:20 +0000

I ran into this video on Eric Blackwell’s blog. It details a gentleman giving a speach, directed at the prime minister of England that flows like your father lecturing you about miss using your allowance. The way the Western worlds governments have miss managed their budgets as of late I believe it is time that more [...]

Houston Housing Market Inventory Report July 8th 2009

admin — Tue, 14 Jul 2009 14:21:23 +0000

Now that we are in the middle of the peak selling season, I believe it to be reasonable to judge the trend in Houston housing inventory. We have returned to an aggressive expansion in inventory in the $700,000 and above market. As the number of sales continue to decline and new listings continue to come [...]

The Official HAR Houston Real Estate Market Report For June 2009

admin — Wed, 17 Jun 2009 12:24:40 +0000

May saw a rebound in the average and median home sale prices, but sales continue to be off from last year by greater than 20%. The Houston real estate market sees inventory levels for the period staying steady as we move further into the selling season which suggests that housing inventory for the majority of [...]

Official HAR Houston Real Estate Market Report For May 2009

admin — Mon, 01 Jun 2009 23:14:01 +0000

This months report from HAR looks similar to that of last month with very little to say except the luxury market inventory continues to expand and the total sales in the luxury market continued to decline. Most of the drop seen in the median and average home sale prices can be explained by fewer properties [...]