Home Buyers | Houston Real Estate Journal

Pending home sales report gives hope to Houston real estate market
After multiple reports showed a decrease in sales following the expiration of the first-time homebuyer credit, the latest figures from the National Association of Realtors says that sales may soon be on the upswing.The NAR's Pending Home Sales Index rose 5.2 percent compared to last month, surprising many analysts who had predicted a continued decline. […]
Community nonprofits to get first look at foreclosed properties
Some of the country's biggest mortgage lenders have now reached an agreement with the Department of Housing and Urban Development to give local nonprofit organizations the ability to purchase foreclosed homes before investors have an opportunity to bid on them.The nonprofits have been operating under HUD's Neighborhood Stabilization Program, which […]

Buying Houston Foreclosures

In the United States, experts in the real estate industry are predicting that millions of homeowners will face foreclosure in 2010. While this is bad news for current homeowners, prospective home buyers are always looking to take advantage of great investment opportunities. This is especially true in the ever growing Houston real estate market.

Buyers Could Be Seeking Houston Real Estate Earlier Than Expected

While spring and summer months are normally cherished by home buyers and sellers, the impending April 30 tax credit deadline may spark demand earlier than expected. According to a recent article published by USA Today, the traditional buying season could move up in 2010 (“Springtime house hunters out early thanks to tax credit”).

For those in [...]

Interest Rates Impact Several Aspects of Houston Real Estate

While it appears that the U.S. economy – and more specifically the real estate market – has started to reveal a small measure of growth lately, the question of when interest rates will rise again hovers over the situation.

The Federal Reserve has held the federal funds rate at or near zero for several months in [...]

Houston Real Estate Could Attract Out-of-State Buyers

According to the Houston Chronicle’s real estate blog, more people moved to Texas last year than anywhere else in the U.S. It was the fifth consecutive year in which Texas secured the top spot in this category, according to a study performed by Allied Van Lines (www.chron.com).

This trend certainly bodes well for the Houston real [...]

Foreclosures an Option When Seeking Houston Real Estate

The U.S. recession and housing crisis have spawned a regrettable byproduct: foreclosures. It seems that every town across the country features its share of bank-owned properties that make other homeowners cringe. Houston real estate is no exception.

A quick internet search will reveal many seemingly attractive properties that have been tagged with default notices. Should these [...]

Will Houston Real Estate Follow National Trend?

Pending home sales plummeted 16 percent in November, according to the National Association of Realtors. The first-time home buyer federal tax credit had generated increased sales over recent months, but November fell short of expectations.

The question remains: Will Houston real estate follow suit?

November marked the third straight month in which sales volume and pricing of [...]

Can Rising Consumer Confidence Extend to Houston Real Estate?

As the holidays draw to a close, economists begin to examine consumer spending as a measure of the country’s overall fiscal health. While early indications suggest that holiday spending increased this year, a recent survey confirmed that consumer confidence is on the rise.

Whether consumers’ renewed economic optimism trickles down to the Houston real estate market [...]

Houston Real Estate: Catering to a Younger Population

Thirty-seven percent of Houston’s population is 24 years old or younger, according to www.houston.com. Thirty-four percent of the population falls between the ages of 25 and 44, per the site. In short, young singles, couples and families are seeking Houston real estate.

Known for its long-standing ties to the aerospace and energy industries, Houston offers a [...]

Four Reasons Why Houston Real Estate May Be Hot During the Holidays

General logic suggests that the holiday season is rather quiet as far as Houston real estate is concerned. With all manner of distractions robbing the attention of potential buyers, very few agents would advise a seller to market his or her property this time of year without a significant degree of patience.

Opportunities, however, do often [...]

Schools are Key to Choosing Houston Real Estate

One of the first questions to come out of any house-hunter’s mouth is frequently “How are the schools?” If you are checking out Houston real estate– and have or are planning to have children – the quality of the area educational system should be a primary concern.

Let’s presume that you have narrowed the home search [...]

Houston Real Estate Journal

Bayou City News

Archives

Houston MLS

Sites We Like!

Contact Us

References: