I was playing around on youtube.com today and happened to come by this video about Texas and how it is poised to prosper heavily in the near future. Some of the points in the video got me a little excited at the prospects for our great state. One major item to note is the shear [...]
A couple of months ago another agent in my office and the loan officer that we both frequently refer clients to got talking about how much bad information was floating out there. During our discussion we came to a consensus that the large fall off in sales even in the most stable parts of the [...]
Yesterday, the HAR (Houston Association of Realtors) complete Houston housing market report was released. I have found HAR’s discussion and explanation of the Houston housing numbers for February to be less than adequate. It over-expressed foreclosures’ roles in the recent trend of drops in the median and average home sale prices. Foreclosures have played a [...]
I recently had an article about the healthiest housing markets in the country brought to my attention today by a colleague of mine who works as a corporate lawyer. The article ranked Houston as the most healthy real estate market in the country. If you have been following the inventory reports here on Houston [...]
Overall, inventory for the Houston housing market posted 6.0 months of inventory as of March 6th, 2009, which is slightly up from the 5.8 months seen at the beginning of February. An inventory level of 6.0 months is still considered to be at a neutral point. This means that neither sellers nor buyers have the [...]
