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market reports: Houston Heights Real Estate Market Report - Feb 2009 (VIDEO) - 03/08/09 11:01 AM
Houston Heights District - Real Estate Market Report from Erion Shehaj on Vimeo.
Active on the Market
There are currently 135 total properties for sale asking an average of $200.27/SF (virtually unchanged) priced as low as $149.9k all the way up to $1.35M. Over half of the current inventory for sale (51.85%) are new construction homes. On average , active listings have been on the market for 124 days which is an improvement over January’s 139 days. Only 1.5% of the current inventory are foreclosures.
Pending Sales
A total of 12 properties went under contract in February, at different stages of … (0 comments)
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market reports: Houston Real Estate Market in ‘08 - Slower but Resolute - 02/19/09 10:18 PM
Just over a month ago, 2008 came to an end as one of the choppiest years for the real estate market in at least two decades. Across the country, markets were hit with slow sales and falling prices with some areas in the West dropping as much as 30%. News media outlets latched on to the national data and milked it for all it was worth, arguably making it much worse by further frightening buyers that were already feeling uncertain. There was no effort whatsoever, to parse the data and point out markets that were actually doing well - relatively speaking. … (0 comments)
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market reports: Pending Home Sales on the Upswing - 02/09/09 12:07 PM
Happen to catch the news lately? It’s war out there, this economy. Carnage. Tailspin. Depression. Anchormen drooling as they report news on yet another plummeting housing statistic.
Then this. On Tuesday, the National Association of Realtors reported that its pending home sales index was up 6.3% nationwide in December fueled by a very strong showing in the South and Midwest. Pending home sales in the South were up 13% from November and 1.6% over 2007. This is good news no matter how you split it. Basically, more homes went under contract in December and are now heading to closing and producing … (0 comments)
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market reports: Rice Military Market Report January 2009 - 02/09/09 12:02 PM
Real Estate Market Statistics for Rice Military:
Free Standing Homes Active on the Market
There are currently 44 total properties for sale asking an average of $172.62/SF priced as low as $309.9k all the way up to $1.2M. Almost 70% of the current inventory for sale are new developments. On average , active listings have been on the market for 93 days. None of the homes for sale in the neighborhood are bank foreclosures.
Pending Sales
As of the writing of this article, there are 8 properties that went under contract in January, at different stages of the transaction (i.e. … (0 comments)
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Erion Shehaj - Houston Real Estate Broker
Houston,
TX
More about me…
Signature Real Estate
Address: 2640 Fountain View Suite 226, Houston, TX, 77057
Office Phone: (713) 952-3200
Cell Phone: (713) 922-2702
Email Me
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