Houston Real Estate of the Union

Yesterday, we were contacted by one of our local stations, Channel 39, to contribute to a story on taking advantage of the current market and getting some great deals buying Houston Foreclosures. Kudos to Andrea Nguyen for a superb job on the story.  

As stimulus package was signed into law this past Wednesday, speculation about the housing provisions in it ceased. During the course of congressional negotiations we went from a $15,000 tax credit to nothing, and everywhere in between. The simple facts Under the $787B recovery package, first ti...

Just over a month ago, 2008 came to an end as one of the choppiest years for the real estate market in at least two decades. Across the country, markets were hit with slow sales and falling prices with some areas in the West dropping as much as 30%. News media outlets latched on to the national d...

In the midst of an atmosphere of job losses, layoffs and unemployment, Houston just closed the year as the top in the country for job growth adding 57,300 jobs in 2008. From the Houston Business Journal story: Houston had the best year of any market, picking up an additional 57,300 jobs, accordi...

  The feeling is all too familiar to us entrepreneur types. The debilitating paralysis that grips our business soul and temporarily evaporates every ounce of our self confidence. If you have ever owned a business, there has been a time when you invested all your creative energy on closing that de...

Happen to catch the news lately? It’s war out there, this economy. Carnage. Tailspin. Depression. Anchormen drooling as they report news on yet another plummeting housing statistic. Then this. On Tuesday, the National Association of Realtors reported that its pending home sales index was up 6.3% ...

Real Estate Market Statistics for Rice Military: Free Standing Homes Active on the Market There are currently 44 total properties for sale asking an average of $172.62/SF priced as low as $309.9k all the way up to $1.2M. Almost 70% of the current inventory for sale are new developments. On avera...

Real Estate Market Statistics for Houston's Heights District: Active on the Market There are currently 138 total properties for sale asking an average of $198.85/SF priced as low as $154.9k all the way up to $1.35M. Over half of the current inventory for sale (54.3%) are new construction homes. ...

This is one of the questions our prospective clients ask us most often. So it was only natural to include it in our Real Estate Investing Guide. What are HUD Homes? Along with conventional mortgages, the federally insured (FHA) loan program is one of the most commonly used financing options for r...

About a week ago, I got a call from a prospective buyer that was feverishly interested in one of our listings in the Heights District. He wanted to see it IMMEDIATELY as he might want to write up an offer TODAY. Great! But first he wanted to make sure that what he had seen was correct. A 2500 Sq ...