market condition report: Texas home sales, prices set annual records for second year in a row - 02/21/17 01:03 PM
Texas Association of Realtors releases 2016 Texas Real Estate Year in Review reportFOR IMMEDIATE RELEASE—
CONTACT: Danielle Urban - Pierpont Communications, 512-448-4950
Feb 21 2017 — Austin
Texas home sales volume and home prices reached all-time highs for the second year in a row in 2016, according to the 2016 Texas Real Estate Year in Review Report released today by the Texas Association of REALTORS®.
“Strong gains in end-of-year home sales activity were a key factor in making 2016 another record year for Texas real estate,” said Vicki Fullerton, chairman of the Texas Association of REALTORS®. “Last year’s record home sales activity was fueled by the momentum of … (1 comments)

market condition report: Willowbridge Real Estate Houston TX - 01/03/17 12:59 PM
Coming into the New Year looking at Willowbridge Real Estate, I see the market only has a few homes for sale. Looking into my crystal ball, I feel the number of home for sale in Willowbridge will start to increase both in numbers and values.  Over the last year, home values in Willowbridge have hit an all-time high of $384,000.  Real Estate values will continue to climb in 2017. SO if you are in the market to move into or out of Willowbridge, NOW is the time. We have clients wanting to move into this area, but inventories are very low … (0 comments)

Home sales volume keeps pace with 2015 while pricing achieves October highs
HOUSTON — (November 9, 2016) — Despite continued strains within the energy industry and jitters surrounding the outcome of the presidential election, the Houston housing market held steady for a second straight month. Home sales in October were statistically unchanged compared to October 2015. Homes priced between $150,000 and $500,000 experienced positive sales volume while the market’s high and low ends saw declines, mirroring September’s trends. Both median and average price reached record highs for an October.
According to the latest monthly report prepared by the Houston Association of Realtors (HAR), a total … (1 comments)

market condition report: HOUSTON-AREA HOME SALES COOL IN JULY - 08/17/16 05:51 AM
HOUSTON — (August 10, 2016) — The greater Houston real estate market experienced its first sales decline in six months in July, with the sharpest drop in volume reported among homes on the highest and lowest ends of the pricing spectrum.
According to the latest monthly report prepared by the Houston Association of Realtors (HAR), a total of 7,204 homes sold in July compared to 7,898 a year earlier. That represents a drop of 8.8 percent, the first decline since January. However, on a year-to-date basis, home sales are still up about one percent compared to this point in 2015.
Inventory levels continue to outpace … (1 comments)

market condition report: HOUSTON HOME SALES TAPER SLIGHTLY IN FEBRUARY - 03/16/11 04:25 AM
Strong sales among luxury homes push prices to February highs
HOUSTON — (March 15, 2011) — February marked a slight slowdown in the Houston real estate market following a galloping start to the new year in January when home sales rose for the first time in seven months. Despite last month's decline in sales volume, average and median home prices rose to the highest levels ever recorded for a February in Houston.
February sales of single-family homes dipped 2.2 percent versus one … (0 comments)

market condition report: Pearland Texas Real Estate Market Trends Feb 2011 - 03/07/11 06:03 AM
Pearland Texas Real Estate Market TrendsIt is that time of the month to look back to see how the real estate market in Pearland TX did compared to the history and to look where it might be headed.In this story, I will be looking at the 2 zip code of Pearland, 77584 and 77581. For the most part, Pearland is following the history of what it has always done.Sales Absorption
First, let’s look at the market dynamics of something called sales absorption. This shows the trends of how the market is doing and where it might go.  Looking at February 2011, … (0 comments)

market condition report: November 2010 Real Estate Stats the for Houston Area - 12/24/10 01:10 AM
HOUSTON — (December 21, 2010) — For the fifth month in a row following expiration of the 2010 homebuyer tax credit, sales of single-family homes across Greater Houston declined in November while the prices of those homes rose. Despite the lingering sales chill, the market enjoyed boosts in both the average and median price, achieving the highest levels ever seen in a November.
According to the latest monthly data compiled by the Houston Association of REALTORS® (HAR), November sales of single-family homes throughout the Houston market fell 22.0 percent when compared to November 2009. However, on a year-to-date basis, 2010 single-family … (0 comments)

market condition report: One Minute Housing Market Video Report - Nov 2008 - 08/22/09 06:35 AM
Dr. Ted Jones, Chief Economist, Stewart Title, reports on the Housing Industry for November 2008.  Smart people are buyin and selling real estate right now... The time is right for you to get into the market...


market condition report: Pearland TX - Real Estate Market conditions through February 2009 - 03/04/09 10:59 AM
WOW - Look at the Pearland TX real estate market.  It looks to me as if the rebound has started.  We are following the trends of the last 2 years and we have less inventory to sell.  So to me, the Pearland Real Estate Expert, prices of single family homes in the PearlandTX area should start to increase and follow the tend of the last 2 years.  Although the number of homes being sold in the Pearland TX area are down, now is the time to both BUY and Sell real estate in and around Pearland.

I think the next … (1 comments)

market condition report: Pearland TX - Real Estate Market conditions through January 2009 - 02/26/09 07:44 AM
The Pearland TX real estate market is doing GREAT.  In looking at the real estate market in Pearland, one can see we are following the same trend as the last 2 years.  The median price is flat for Jan 07-09. So, if one where to follow the trend, the Pearland Real Estate market is set for launch.  I feel Pearland will follow the last 2 years trends.  Pearland's real estate market is doing fine.  Now is the time to put your house on the market... You just need to price the house correctly and it will sell.  For someone buying a home in … (0 comments)

market condition report: Pearland TX: West Oaks Villiage Market Conditions Feb 2008 - 03/10/08 08:25 AM
The West Oaks Village neighborhood in Pearland TX is doing ok.  As you can see by the charts and graphs below West Oaks Village is flat on it's trends.  But that is ok.  West Oaks Village is still a great buy for real estate.  If you are a buyer of real estate, then you will have some great values in West Oaks Village.  For someone selling real estate in West Oaks Village, you can see it will not take long to sell your home and if you price your home correctly, you will get close to asking price.

For all of your … (0 comments)

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Danny Frank

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