Consumer Alert: I personally really like the Lofts On Post Oak, but heard something very concerning about the project. According to a source that would like to stay anonamious, there are some lenders who have decided that they will not lend on units in the Lofts On Post Oak. The reason for this is because [...]
Check Out My Brokers New Houston Home Search
April 29th, 2009
Houston Home Search
The video above is of a new site that has hit the Houston real estate market. It allows one to search every Houston metro area real estate listing by; days on the market, homes that have had recent price drops, pre-foreclosures, foreclosures, walk score and you can do the entire search by an [...]
April Official Houston Real Estate Market Report Released By HAR
April 26th, 2009
Following my reading of the Houston real estate market report for April I was left once again a bit disappointed with the depth in which they covered the statistics. Once again HAR tried to blame the drop in the median and average home sale prices for the Houston real estate market on the number of [...]
Houston Home Buyers Seminar For April
April 22nd, 2009
Well, this weekend we will be holding another Houston home buyer seminar in the Galleria. If you scroll to the bottom you can find the time and location. I will be speaking on “How to protect yourself from over paying for a home in a declining market” along with “Is it really the time to [...]
Houston Housing Market Inventory Report For April 2009
April 9th, 2009
The overall Houston housing market inventory is up to 6.2 months from 6.0 months, which may be partially because of the seasonal uptick seen in inventory levels just before the market moves into the selling season. However, I feel that the increase is more correlated to continued acceleration in the Houston housing inventory for the [...]
Texas: A Perfect Storm Of Opportunity And Growth
March 25th, 2009
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 [...]
Houston Home Buyers’ Seminar This Saturday In The Galleria
March 20th, 2009
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 [...]
Official Houston Real Estate Market Report For February 2009
March 19th, 2009
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 [...]
Houston Ranked Healthiest Housing Market
March 15th, 2009
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 [...]
Houston Housing Inventory Report For March 6th 2009
March 6th, 2009
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 [...]