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Archive for the ‘Market Statistics’ Category

Recently, Kiplinger’s 2008 Best Cities list was released and Houston was at the very top! According to Kiplinger, Houston is the No. 1 city to live, work and play! Deeming us the “Comeback Kid” Houston has an ever growing population of 5,542,048 with 14.9% growth since 2000. 31.3% of the population is considered in the [...]

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Compared with other strong metropolitan areas, Houston fared well! Thanks to Houston’s huge energy economy and our historical moderate growth in home values, Houston has been left with a strong real estate market! Our median House price was up 2.3%, we had a month’s inventory of 2.8 and our job growth was up 3.4%! …………………………….Detroit  [...]

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There are three factors that support any real estate economy: Job Growth, Interest Rates, and the supply of Property. Job Growth:  Houston is the 4th largest city in the nation and it is due largely in part to the abundance of job opportunities that Houston affords! Jobs are everything to an economy. In the past [...]

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As we approach Spring, we also approach what is considered to be the peak real estate season when buyers and sellers are really moving in the market.  Whether or not you are considering selling your home, it is important to know what it is worth, in other words, its current market value. Many times people [...]

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The Woodlands real estate market continues to be very healthy.  According to the Houston Association of Realtors, real estate in The Woodlands right now has a “months on market” of 3.9. What that means is that it will take approximately 3.9 months to deplete the currently active inventory in The Woodlands based on the prior 12 months’ sales activity [...]

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