While sales of single-family homes across the Houston area was down in November for the fifth consecutive month, prices heat up. The average and median price for single family homes were the highest ever seen in November, the Houston Association of Realtors data reveals. The average price of a single-family home was up from $197,310 [...]
The July to September period brought an increase in negative equity in the Houston area. A total of 113,192 or 12% of homeowners of Sugar Land/Baytown/Houston area are underwater, or owe more on their mortgages than their homes were worth in the three month period, CoreLogic, a research firm says. This is how the number [...]
November brought a slight increase in foreclosure filings into the Lone Star State. A total of 13,369 Texas homes received foreclosure notices during November, the latest report issued by RealtyTrac reveals. The number marks a 2.8% increase from September. Posting activity was up 10.5% between November 2009 and 2010 per the recent RealtyTrac analysis. Although [...]
Houston housing inventory registered some sales, but residential property sales are down in the area. However, prices are high compared with the same period a year ago. Median and average prices recorded this year for existing houses and newly built one have risen. This helped the market to keep its good shape, despite other areas [...]
Almost 12% of residential property sales in the area were in some stage of foreclosure, a recent report published by RealtyTrac reveals. The median price of the foreclosures were $146,858, which is approximately 26% under the cost non-foreclosed properties. An earlier analysis of foreclosure rates in major metro areas found that the Houston housing market [...]
Harris County community department entered the real estate market. Okay, not as a dealer, but it operated is program called Home Ownership Made Easy, to withdraw federal funds to the community in order to purchase foreclosed houses – many of them in and around Cy-Fair. After purchasing them, the renovation period comes and when finished [...]
Sales of residential properties were down in Houston, during the previous month, but home prices are up compared with the same period a year prior. The figure includes new homes, foreclosed residences and short sales. However, the housing market is still in a good shape as average and median prices for newly built dwellings and [...]
