Although signs of improvement were pretty strong nationwide Houston home sales didn’t reflect that, at least according to recent information released by the Houston Association of Realtors. The nationwide statistics show that new single-family transactions increased more than 7% during April, but sales for similar Houston properties fell 14.2%. The only type of properties to [...]
Single home sales fell a significant 14.2% throughout the Houston area according to the report released by the Houston Association of Realtors. The housing market shows negative numbers all the way, except homes selling for less than $80,000 which represented the only segment with growth in the HAR report, which shows the following numbers: 62 [...]
Houston-area home sales declined last month, just as the median prices in a year-over-year comparison, Houston Association of Realtors reported. Single family home sales declined almost 15% compared to a year prior numbers, the report says. Meanwhile demand for single-family home rentals continued to soar in April, up nearly 28% compared to April 2010. Year-over-year [...]
Residential and commercial properties posted for foreclosure this month dropped significantly. The number of Harris County foreclosures was the lowest since March 2009, and this might suggest that the words of the housing crisis is over. Maybe. Foreclosure Information & Listing Service Inc. published its latest report these days and commented the numbers by suggesting [...]
According to RealtyTrac’s recent report issued on Thursday, April foreclosures are down 27% in the Houston-Sugar Land-Baytown metro area from a year ago. The total number of foreclosure filings dropped to 2,810, representing one out of every 807 homes, the US Foreclosure Market Report highlighted. A year ago 3,848 foreclosure filings were made. But the [...]
Metrostudy released its latest report compiling national housing data. The study reveals that the economy in Houston is undergoing a revival, helped by an increase of jobs, real estate inventory and more. Looking at the year-over-year numbers Houston recorded a 48% increase or 50,700 more jobs available when compared to the same period a year [...]
Midtown Houston recorded 23 home sale transactions in the month of April, 2 detached homes and 18 townhomes or condominiums. These numbers show a slight drop from last March, which saw 24 total sales. The First-time home buyer credit has had a negative impact on the year-over-year number for the past year. As of this [...]
Piazza Blanca, the 53,760-square-foot shopping center located at 500 Seawall Blvd. will hit the auction block in June, according to Paul Galanis, managing director of CB Richard Ellis Auction Services. The biggest problem of this commercial real estate is that it’s only partially leased and this lead the real estate adjacent to the 118 unit [...]
The Village Mall has been in foreclosure since last year. But a company is close to buying it and bringing two large anchor stores with it to the former Goody’s and Hobby Lobby spaces. The city council Tuesday will consider approving a redevelopment agreement with T Danville Mall LLC. As an incentive package the city [...]
