Real estate in Houston, Texas
Last year’s real estate market ended on a high note with the average price of a single family home reaching $219,214. That’s the highest the average price has ever reached in the month of December, and was a 15.1 percent increase above the 2008 figure. For most of the year the average price for a single [...]
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According to Realty Trac (realtytrac.com), foreclosure filings in November placed Texas in 24th place of states having the most foreclosures. The Texas activity rose to 12,095 foreclosure filings, up 3 percent over October filings and 54% above November of 2008.
If there is any good news here, it’s that things could be worse. Due to short sales and [...]
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