Real estate in Houston, Texas
In July 2008, the sales of all of the property types (being single-family homes, condos, vacant lots, etc.) totaled 7,052, which was 12.7 percent less than the same sales for July 2007. The total dollar volume was down 6.7 percent from July 2007. The July 2008 dollar volume was $1.5 bilion vs. the $1.6 billion [...]
Filed under: Buying, Home Sales, Investing, Selling by Dwight's Real Estate Update
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The average price of a single-family home in the Houston market has now reached a new high of $228, 448 according to the sales stats for the month of June 2008 from the Houston Assn of Realtors(HAR). However and once again, we had a month of declining sales. Sales of single-family homes was down 15% vs. [...]
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I don’t know how we are doing it, but the average home price keeps rising while sales of single-family homes have fallen again for another month. The average price for a single family home in the Houston area has risen to $214,732. That’s up one percent over the same period last year. Now once again [...]
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Sales of townhomes and condos experienced a comeby in April and reached a median price of $130,000. This was the most sales for townhomes/condos since August 2007 and represented a 5.1% increase over April 2007. The median price is not the average price, but the price in the middle between the lowest price and the [...]
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Kiplinger magazine just came out with its list of the 10 best cities to live in. This year’s choices were based on strong economies, abundant jobs, lower cost of living and plenty of fun things to do. Another part of the formula was to highlight cities with a strong past as well as choosing cities [...]
Filed under: Home Sales, Relocation by Dwight's Real Estate Update
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Is now the right time to buy a home? If you can qualify for the loan, have the cash for down payment and closing cost, then the answer is yes. The truth is… it may never be a better time to buy a home in Houston. At a minimum, you should at least be considering it.
If [...]
Filed under: Buying, Home Sales by Dwight's Real Estate Update
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The Houston Association of Realtors reports that total property sales declined for the 7th month in a row in March. Sales of all property types for March 2008 totaled 6,098, which represents a 17.3 perceent drop compared to March of 2007. However, the average price of a single-family home increased by 2% to $208,105. The [...]
Filed under: Home Sales by Dwight's Real Estate Update
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