A.L.I. Designs Blog - Archives November, 2007

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Houston's Home Sales Decline Slowing - 11/27/07 04:26 PM

Houston is on set to have its second best year on record for home sales. The Houston Association of Realtors released a report showing home prices holding up against last year which will make the housing sector a very profitable one for 2007. The average single family home was up compared … (1 comments)

Houston Still Ranks Last in Lowest Gas Prices - 11/27/07 03:34 PM

For the fifth straight week in a row, Houston ranks last in the state for highest gas prices. Houston's average cost for regular held steady from last weeks $2.90 per gallon. Amarillo stole the spotlight with the average gallon of gas going for above $3.00. The states average is $2.96 per … (0 comments)

Katy to see more development - 11/27/07 03:21 PM

Vista Equities Group and Vista Private Equity Group, LLP have just bought 89 acres of land at the corner of Grand Parkway and Kingsland Boulevard in Katy, Texas. The lot will include retail, medical and office buildings that will only bring more businesses and homeowners to the area. This is the second … (0 comments)

Houston Economy Still Going Strong - 11/27/07 03:03 PM

Delta Associates, an affiliate of Transwestern just reported that despite the nations downward spiral, Houston's economy is still going strong. The research group predicted 60,000 new jobs per year though 2009. This will cause office space to decline and rent go up through the end of 2008. This is great news … (0 comments)

Cyber Monday - 11/26/07 04:07 PM

Monday, November 26, 2007 is known as Cyber Monday. This is the Black Friday of Internet sales where sales are seen in abundance as shoppers go back to work and start buying gifts on-line. One Internet research firm estimates that consumers may spend in excess of $700 million on-line Monday. This … (1 comments)

Thanksgiving Day Parade in Houston - 11/08/07 03:35 PM

HEB is hosting the 58th annual Thanksgiving Day Parade in Houston. The event will take place on Thanksgiving Day starting at 9:00 a.m. The route starts at Minute Maid Park and travels 20 blocks down to the George R. Brown Convention Center. This is an enjoyable event for the whole family. … (1 comments)

Houston City Council Reduces Property Tax - 11/08/07 03:11 PM

The Houston City Council voted to reduce Houstonians property taxes by one-eighth a cent on November 7th. This does not seem like a huge amount and will only save property owners $1.25 per $100,000 of accessed values of homes. On the upside, Harris County cut taxes as well by one cent. … (0 comments)

Nutcracker Market in Houston - 11/08/07 03:04 PM

Its that time of year again! If you are into accessories of any time or kind this market is for you. Each year the Houston Ballet hosts the Nutcracker Market in the Reliant Arena. There are more than 315 vendors this year so you are sure to find something to your … (0 comments)

Another Home Sold in Under a Month! - 11/08/07 02:55 PM

We just staged this property a little over three weeks ago and there is already a contract to buy the house. The homeowners were still in the process of moving their things out as we were moving our things in. It took us one day to do the job. Don't you love it … (19 comments)

Mortgage Rates Drop to Five Month Low - 11/01/07 01:51 PM

Freddie Mac reported that a 30 year fixed rate mortgage dropped to 6.25%. This rate is down from 6.33% just last week. The decline is fueled by the housing slump felt across the county. The problem is that while interest rates are down and more people can afford to move into … (0 comments)

Home Prices still sliding - 11/01/07 01:44 PM

For the eighth straight month home prices have fallen across the United States. The National Association of Realtors reported that existing home sales fell 8% in September. This is the largest decline since 1999. From this time last year, home prices fell 4.2%. In Houston we are not feeling the pain as bad. … (0 comments)

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