Houston Texas Real Estate Blog 
Attention Guest Bloggers! We welcome guests to submit original real estate content to our blog. Each guest post can have up to 3 links and a short bio about the author. Frequent contributors can receive a blog account for easy posting plus a link on our Blog Roll. All content will be reviewed for quality and is subject to removal for inaccurate, plagiaristic or cloned material. Please click here to submit a post by email or to ask any questions about guest blogging.Houston Real Estate May Benefit From “Green” Initiatives
Thursday, March 4th, 2010 at 10:39am. 76 Views, 0 Comments.
During his time in office, President Barack Obama has consistently voiced the need for “Green” job opportunities and alternative energy sources as a means to help the environment and bolster the economy. Houston has embraced Obama’s philosophy and its real estate markets will likely benefit from such foresight.
From many viewpoints, Houston real estate is an attractive investment. Houston offers a low cost of living relative to the nation’s other major cities, promising career opportunities, enticing housing developments and myriad cultural and entertainment opportunities.
Known as the “Energy Capital of the World,” Houston is a progressive city “where environmental initiatives abound,” (www. visithoustontexas.com).
Whether buyers are looking to purchase in…
Could Interest Rate Increase Impact Houston Real Estate?
Sunday, February 28th, 2010 at 10:59pm. 124 Views, 0 Comments.
For several months, those attuned to the Houston real estate market have considered how a change in rates might affect their interests. That answer may be on the way sooner than anticipated due to the Fed’s decision to increase the discount rate on February 19.
The decision to boost the discount rate to 0.75 percent from 0.50 percent marked the first increase in a year. As Yahoo noted, “The announcement shouldn’t have come as a complete surprise, though,” (yahoo.com).
The discount rate is the interest rate charged to commercial banks by regional Federal Reserve banks (i.e. the discount window). Though this rate increase may not directly impact mortgage or business lending rates, the argument can be made that such fluctuations eventually trickle down to the…
Find a Home Using Houston MLS on the 2M Realty Site
Friday, February 26th, 2010 at 10:50am. 117 Views, 0 Comments.
One of the many great features of 2M Realty's website is the integration of Houston MLS (Multiple Listing Service). If you’re looking for Houston homes for sale, this online tool is an excellent resource that will allow you to narrow your search results and receive a targeted set of listings in less than a minute.
To use Houston MLS, go to: http://www.2mrealty.com/idx.
You will be directed to a page that allows you to select specific criteria before you begin searching through our Houston real estate listings. You can narrow your search by checking applicable boxes under the areas that are labeled:
- "Choose Cities/Locations"
- "Search Options""Property Type"
- "Property Features"
For example, let’s say you are looking to buy a single family home in Humble, Texas.…
Texas Real Estate Market Moving in the Right Direction
Wednesday, February 24th, 2010 at 10:46am. 103 Views, 0 Comments.
The Texas Association of Realtors has released its Texas Quarterly Housing Report and the news is good for the state of Texas: the median home price has increased throughout the state by an average of 2.4 percent when comparing the fourth quarter of 2008 to the fourth quarter of 2009. As such, the median home price now sits at $143,400.
While 2.4 percent may seem like a very small figure, any increases achieved during these turbulent economic times are cause for celebration. The increase in housing prices isn't the only positive news for the Texas housing market. In fact, the Texas Association of Realtors has also announced that housing inventory has fallen from having 6.6 months worth of inventory to 6.5 months. Sales volumes increased as well, with more…
Discover the Potential of Conroe Texas
Friday, February 19th, 2010 at 4:44pm. 121 Views, 0 Comments.
Conroe, Texas
Located just 40 miles north of Houston, Conroe is a suburban city that is in the piney woods region of southeast Texas. Close to the thrills and excitement of the Houston metro area, yet far away enough for quiet and relaxed living, Conroe real estate is becoming of increasing interest to Houston home buyers.
Overview
Conroe is the county seat of Montgomery County and is growing by leaps and bounds every year. Since 2000, Houston residents have been flocking to the city of Conroe to purchase new homes. Prior to that time, many people thought of Conroe as a reclusive or sleepy town. Then, during a three year period that ended in 2007, Conroe real estate developers built countless new homes after city officials offered financial incentives. Soon…
Completing Your Sale or Purchase of Houston Real Estate
Friday, February 12th, 2010 at 3:50pm. 122 Views, 0 Comments.
For buyers and sellers of Houston real estate, one of the final requirements before closing often involves additional negotiation by both parties. Yes, it’s the home inspection.
Whether you’re a buyer seeking new property in Houston areas such as the Bellaire real estate, Montgomery real estate or Richmond real estate markets, some level of security is critical to the sale. After all, as a buyer, you want to make sure you are getting what you intend to pay for.
Most sale contracts require the completion of a home inspection at some point prior to closing. More often than not, however, the average seller of Houston real estate receives a list of fixes and upgrades that need to be completed before execution of the contract.
And so the negotiating…
2M Realty Launches Flexible Listing Program for Houston Real Estate Market
Thursday, February 11th, 2010 at 10:49am. 105 Views, 0 Comments.
2M Realty launches the FlexList™ program for its’ Houston real estate office. Sellers now have the option to actively participate in the sales process to reduce the commission paid at closing. This program saves Sellers thousands of dollars while still offering a 3% commission to buyer agents.
Houston, TX (PRWEB) February 11, 2010
In the Houston real estate market, Sellers have traditionally paid a 6% commission upon the sale of their property. This commission is usually split equally amongst the Seller’s and Buyer’s agent. 2M Realty now offers a flexible listing program, FlexList™, that lowers the Seller’s total commission paid yet it still offers a 3% commission to the Buyer’s agent to provide the same incentive as other properties for sale.
“With the ease…
Owning Houston Real Estate a Bonus at Tax Time
Monday, February 8th, 2010 at 4:56pm. 140 Views, 0 Comments.
It is the time of year when owning Houston real estate is almost guaranteed to generate a year-end bonus: tax season. Though April 15 is likely beyond the short-term focus of most Americans, various tax materials have undoubtedly started to find their way into mailboxes.
The W-2 earnings statement has likely arrived by now, followed by a 1099 from the bank. Don’t forget, though, to save that statement from the mortgage company as interest paid on Houston real estate can be used as a valuable tax deduction.
These days it isn’t difficult to find financial experts who advocate renting a home as opposed to purchasing one. As most of the nation continues to battle through the real estate crisis, it is rather easy to forget some of the benefits associated with…
Economic Indicators and Houston Real Estate
Tuesday, February 2nd, 2010 at 4:55pm. 158 Views, 0 Comments.
The U.S. economy posted surprising numbers in the final quarter of 2009. According to government results, the economy grew by 5.7 percent, which marked the fastest pace since the third quarter of 2003 and surpassed expectations of a 4.5 percent boost.
According to a recent article published by USA Today, national economic adviser Christina Romer referred to the fourth-quarter output as “truly extraordinary” and “the most positive news to date on the economy,” (“Economy grows at 5.7% pace …”).
What might this news mean for both national and Houston real estate markets? Only time will tell. But in the near term, it appears that the real estate industry will continue to battle uphill toward a recovery.
Verifiable economic growth normally suggests…
Houston Real Estate Sales Dip; Home Prices Increase
Tuesday, January 26th, 2010 at 3:22pm. 202 Views, 0 Comments.
After scoring positive gains for three consecutive months, the Houston real estate market dipped slightly in December 2009. According to the Houston Association of Realtors, December volume of single-family homes across the greater Houston area dropped 2.1 percent compared to December 2008. Total December property sales were flat year-over-year (www.har.com).
Single-family home sales increased by 32.0 percent, 13.8 percent and 32.8 percent in September, October and November, respectively.
Houston Association of Realtors chair Maggie Dorrance attributed the December decline in large part to the influence of the holidays.
“The December housing data suggests that we are finally out from under the veil of Hurricane Ike (2008) and probably seeing some…
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