Archives for 2014

What Falling Oil Prices Mean for Houston’s Housing Market

Realtors may be worried about how falling oil prices will affect their business, which depends on the strength of the local economy. In the past 6 months, crude oil prices have dropped from more than $100 a barrel to below $70 a barrel.  While consumers are rejoicing at the pump, Houston’s oil and gas industry […]

Is It Cheaper to Rent an Apartment or Buy Home in Houston?

It’s more affordable to buy  home than it is to rent an apartment in most U.S. cities, including Houston, according to Zillow Inc. The national online Real Estate company released it s affordability report, which analyzed median household incomes, home values and rent prices in 35 cities.  Zillow found that in Houston, a household making […]

New Luxury Apartment Project Moves Forward near Exxon Mobil Campus

A second luxury apartment complex is proposed for Springwoods Village, a master-planned community north of Houston. Martin Fein Interests Ltd. plans to build a six story, 268 unit apartment project called The Mark at CityPlace Springwoods Village. The longtime Houston apartment developer announced Dec. 8th it has purchased 3.75 acres from CDC Houston to build […]

New Master-planned community in Katy to Feature Dog Ambassador, Other Unique Amenities

A Las Vegas area developer that is moving to Houston in 2015 will introduce several unique amenities to its new master-planned community in Katy. Rise Communities LLC announced plans to develop Cane Island,a 1,000 acre master-planned community located off of I-10 West at the new Cane Island Interchange, which is currently under construction.  The Henderson, […]

Do You Know How to Count Real Estate Contract Days?

  Many agents, buyers and sellers don’t understand the “option period” and how to figure out the time period.  Here is a question and answer to better explain it. The effective date for my buyer’s One to Four Family Residential Contract (Resale) is Saturday, Nov 22.  Do I include the weekend when counting days for […]

New Master-Planned Community to Rise near Grand Parkway

New details have emerged about Newland Communities’ latest master-planned community near the Grand Parkway.  The San Diego-based developer submitted plans to the City of Houston for Elyson, a 3,619-acre community near Beckendorff Road and the Grand Parkway.  The community will consist of single-family homes, townhomes and commercial space, according to city plat records released late […]

Five Home Improvements to Avoid for Resale

It’s only natural to make the home you bought more comfortable and functional for your household.  But before you put in a hot tub or convert the garage into a bedroom, think about whether or not these improvements will add or subtract perceived value from your home someday. Even though selling your home could be […]

Texas Properties are Hot Commodities among International Homebuyers

  A new report shows international homebuyers are snatching up Texas Real Estate at a record pace.  According to the 2014 Texas International Homebuyers Report released by the Texas Association of Realtors, international homebuyers contributed over $11 billion to the Texas economy between March 2013 and March 2014. That’s the highest level in five years […]

Questions & Answers: How long will the Real Estate upswing last?

Houston’s housing market never experienced serious declines during the downturn, but the upswing has been fierce.  Single-family home sales have risen for 34 straight months, and prices have been climbing for two years, as a growing economy continues to fuel home buying in many parts of town. Even as a historically low inventory has made […]

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