ARCHIVED BLOG POSTS
2008
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The current gas prices at the pump creeping towards $4 and the skyrocking costs of oil continues to pump out more local millionaires. New wealth generated by the energy industry provided much of the fuel for a 23 percent increase in the regional number of millionaire households in 2007. Accordin...
06/30/2008
Despite the bottomless downturn in the national economy, Texas' real estate market remains resilient as major metropolitan areas continues to post gains in employment and population according to a report by Houston real estate valuation and consulting firm. Texas is not completely immune to the n...
06/30/2008
After 3 years of being on and off the market, the former Memorial Hermann Fort Bend Hospital has finally sold and will be torn down and redeveloped as it cleared the final hurdles for the city approval. Memorial Hermann first put the Missouri City land on the market in June 2005 as part of the sh...
06/29/2008
A group of physician investors in River Oaks Hospital are extremely upset over the sudden closing of the hospital this week by owner-operator Hospital Partners of America Inc. Investors have been meeting to discuss future legal options. Investment partners are expecting to lose their combined $4 ...
06/29/2008
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Retail health clinics are a booming business in Houston. Take Care Health Systems, a subsidiary of Walgreen Co., plans to open 3 new in-store clinics in the Houston, Spring, and Woodlands area this summer, adding to the 9 clinics already operating here. Take Care currently operates 172 convenien...
06/29/2008
A single woman in Florida has listed her Palm Beach home on the market, and included an opportunity to marry her with the sale. Ironically Deven Trabosh has turned to the housing market which is creating heartbreaks and headaches everywhere, to find love for herself and sell her home. Her real e...
06/29/2008
A weaker American dollar is attracting international investors in Houston's real estate market because it remains one of the most stable real estate markets in the United States. Many foreign nationals see the weak dollar has given them a good reason to buy in our market. As the dollar weakens, a...
06/29/2008
Mike's Neighorhood Report for The Highlands (July 2008) The Highlands is located in the acclaimed City of Sugar Land. A master planned community of homes in First Colony which began construction in 1979. Located off Williams Trace near Lexington, The Highlands consists of 4 sections. The Highland...
06/29/2008
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Sugar Land City Council reviewed an update on the department's red-light cameras. After six months of using the cameras in 4 locations in Sugar Land, the department is reporting a 26 percent decrease in the number of red-light violations. The cameras take pictures and video of cars that cross i...
06/28/2008
City leaders have officially voted to buy The Quail Valley Country Club through eminent domain, to convert it into a city park. City officials sought to acquire the country club because of fears the owners would close the club and redevelop the property into apartment complexes whic concerned lo...
06/28/2008
Rainmaker
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Mike Wong
Realtor: Commercial, Residential, Leasing, Invest