Pearland Homes For Sale and Houston area Real Estate - TEXAS BUYER REALTY LLC

PEARLAND HOMES FOR SALE - MARKET REPORT APRIL 2012

Mon, 21 May 2012 07:26:59 -0700

MLS Report for April 2012

Pearland Homes For Sale and Houston Real Estate Market Report.

BRISK APRIL HOME SALES KEEP THE HOUSTON REAL ESTATE MARKET IN POSITIVE TERRITORY

Volume of single-family home sales is the highest since last summer as the market achieved its 11th straight month of growth

HOUSTON — (May 15, 2012) — The Houston housing market experienced continued growth in April as home buyers helped support an 11th consecutive month of positive sales. The volume of single-family home sales was the greatest for a single month since last August, and average and median pricing achieved the highest levels for an April in Houston.

According to the latest monthly data prepared by the Houston Association of REALTORS® (HAR), April sales of single-family homes climbed 9.6 percent versus one year earlier. That marks the second biggest monthly increase of 2012.

"The Houston real estate market continues to benefit from a healthy economic climate led primarily by the addition of 96,000 new jobs locally in the past 12 months, according to the Texas Workforce Commission," said Wayne A. Stroman, HAR chairman and CEO of Stroman Realty. "Increases in pending home sales along with declines in active listings continue to keep our housing inventory at the lowest levels we've seen in more than three years."

The April single-family home average price rose 11.2 percent year-over-year to $223,328, the highest level for an April in Houston. The median price—the figure at which half of the homes sold for more and half sold for less—rose 8.2 percent to $160,120, which is also a record high for an April in Houston.

Foreclosure property sales reported in the Multiple Listing Service (MLS) fell 10.1 percent year-over-year in April. Foreclosures comprised 18.8 percent of all property sales, which is down dramatically from the 27.8 percent level recorded at the beginning of the year. The median price of foreclosures in April ticked up 1.1 percent to $79,900.

April sales of all property types in Houston totaled 6,156, an increase of 9.9 percent compared to April 2011. Total dollar volume for properties sold during the month soared 21.2 percent to $1.3 billion versus $1.1 billion a year earlier.

April Monthly Market Comparison

The month of April brought Houston's overall housing market positive results when all sales categories are compared to April 2011. Total property sales, total dollar volume and average and median pricing rose on a year-over-year basis.

Month-end pending sales for April totaled 4,059. That is up 7.8 percent from last year and is thought to portend another month of positive sales when the May real estate transactions are tallied. The number of available properties, or active listings, at the end of April declined 17.8 percent from April 2011 to 42,525.

The inventory of single-family homes has remained below a six-month supply since last December, coming in at 5.7 months in April versus 7.8 months a year earlier. The last time months inventory fell below the six-month mark was between December 2008 and February 2009. The 5.7-month figure is better than 6.4-month national inventory of single-family homes recently reported by the National Association of REALTORS® (NAR). These indicators continue to illustrate that Houston has a balanced real estate marketplace.

CATEGORIES	APRIL 2011	APRIL 2012	PERCENT CHANGE
Total property sales	5,602	6,156	9.9%
Total dollar volume	$1,083,645,630	$1,313,811,625	21.2%
Total active listings	51,705	42,525	-17.8%
Total pending sales	3,764	4,059	7.8%
Single-family home sales	4,686	5,136	9.6%
Single-family average sales price	$200,782	$223,328	11.2%
Single-family median sales price	$148,000	$160,120	8.2%
Months inventory*	7.8	5.7	-27.2%

* Months inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This figure is representative of the single-family homes market.

Single-Family Homes Update

April sales of single-family homes in Houston totaled 5,136, up 9.6 percent from April 2011. This marks the 11th consecutive monthly increase.

Broken out by housing segment, April sales performed as follows:

$1 - $79,999: declined 9.7 percent
$80,000 - $149,999: increased 3.7 percent
$150,000 - $249,999: increased 16.6 percent
$250,000 - $499,999: increased 35.7 percent
$500,000 - $1 million and above: increased 20.1 percent

At $223,328, the average price of single-family homes rose 11.2 percent from last April, resulting from a surge in sales activity among homes priced from $250,000 and above and a decline in the sales of homes priced below $80,000. The average price achieved an April high for the Houston market. At $160,120, the median sales price for single-family homes increased 8.2 percent year-over-year, also achieving an April highpoint.

HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In April 2012, existing home sales totaled 4,317, a 9.1 percent increase from April 2011. The average sales price rose 11.4 percent from last year to $210,807 and the median sales price increased 9.0 percent to $149,900.

Townhouse/Condominium Update

The number of townhouses and condominiums that sold in April leapt 12.4 percent compared to one year earlier. In the greater Houston area, 472 units were sold last month versus 420 properties in April 2011.

The average price was flat at $168,007 in the April 2011- April 2012 comparison. The median price of a townhouse/condominium edged up 3.3 percent to $135,000.

Lease Property Update

Demand for lease properties tapered in April for the first time in more than a year. Single-family home rentals ticked up 1.5 percent compared to April 2011 earlier and year-over-year townhouse/condominium rentals declined 8.7 percent.

Houston Real Estate Milestones in April

Volume of single-family home sales rose 9.6 percent, accounting for the 11th consecutive monthly increase;
At $223,328, the single-family home average price reached the highest level for an April in Houston.
At $160,120, the single-family home median price also hit the highest level for an April in Houston;
5.7 months inventory of single-family homes remains at the lowest level in three years and compares favorably to the national average of 6.4 months.

The computerized Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by REALTORS® throughout Harris, Fort Bend and Montgomery counties, as well as parts of Brazoria, Galveston, Waller and Wharton counties. Residential home sales statistics as well as listing information for more than 50,000 properties may be found on the Internet at http://www.har.com.

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

The MLS does not verify the information provided and disclaims any responsibility for its accuracy. All data is preliminary and subject to change. Monthly sales figures reported since November 1998 includes a statistical estimation to account for late entries. Twelve-month totals may vary from actual end-of-year figures. (Single-family detached homes were broken out separately in monthly figures beginning February 1988.)

Founded in 1918, the Houston Association of REALTORS® (HAR) is a member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of REALTORS® in the United States.

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Only Real Estate agents working for an office that NEVER list homes for sale can call themselves an EXCLUSIVE BUYER'S AGENT. EBAs are highly trained in representing home buyers and and can negotiate the best price and terms on the buyer's behalf.

We provide a visual pre-inspection and a residential construction analysis on all of the homes we visit with our clients. Yes, we actually climb in the attic with a flashlight - and we point out potential problems. Read more

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For more information visit our websites

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The pre-inspection is for informational purposes only and does not take the place of a complete home inspection performed by a licensed home inspector. We just help eliminate homes that might need costly repairs while educating our clients on residential home construction.

House Hunters in Houston and Pearland with James Potenza

Thu, 26 Apr 2012 05:50:06 -0700

The popular HGTV show HOUSE HUNTERS was recently filmed in Houston. James Potenza, an Exclusive Buyer Agent with Texas Buyer Realty, and member of the National Association of Exclusive Buyer Agents, was their Realtor. Iwona and Alex contacted James Potenza because they knew his company never listed any homes for sale and he was very knowledgable with home construction. They knew he would have their best interests at heart while shopping for a home.

As the show progressed, you can see the way James took them up in the attics to point out the energy efficiency and construction of the home. In the end, Iwona and Alex were able to get the home they thought was at the top of their budget for $33,000 less then the original price, in addition to a $5000 rebate from James.

TEXAS BUYER REALTY LLC

Exclusive Buyer Agent On HOUSE HUNTERS

James Potenza

Houston area Exclusive Buyer Agent

www.TexasHomeBuy.net

Home and Garden Television Wednesday April 25th at 9pm CST.

That's Right !

Your local Houston area Realtor and EXCLUSIVE BUYER AGENT, James Potenza will be on the popular HGtv show HOUSE HUNTERS Wednesday April 25th at 9pm CST.

James hopes that this will help get the word out that using an Exclusive Buyer Agent is a better way to buy a home. EBAs are highly specialized in negotiating the best deal for their clients while protecting their best interests. Also, EBAs are experts in home construction and immediatly point out potential problems....even with brand new homes.

If you or someone you know is looking to buy a home in the near future, find an Exclusive Buyer Agent !

www.TexasHomeBuy.net

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

Houston Buyer's Agent

Friendswood Homes For Sale

Clear Lake Texas Real Estate

League City Homes For Sale

Search Houston Homes For Sale

Call for a consultation 800-301-9122

email info@TexasHomeBuy.net

PEARLAND HOMES FOR SALE - HOUSTON REAL ESTATE MARKET REPORT MARCH 2012

Thu, 19 Apr 2012 06:13:17 -0700

MLS Report for March 2012

HOUSTON PROPERTY SALES RISE FOR A TENTH STRAIGHT MONTH

Average and median prices reach the highest levels for a March in Houston while inventory maintains its lowest level in more than three years

HOUSTON — (April 17, 2012) — The Houston real estate market enjoyed a tenth consecutive month of rising sales in March, with homes continuing to sell quickly enough to keep housing inventory at its lowest level since December 2008. Average and median prices achieved the highest levels for a March in Houston, with the average price coming just a few dollars shy of the all-time high set in June 2008.

According to the latest monthly data prepared by the Houston Association of REALTORS® (HAR), March sales of single-family homes rose 7.8 percent versus one year earlier. That follows February's 15.6 percent jump which was the biggest sales boost since last September. Declining sales of homes priced below $80,000 combined with increased activity in the luxury housing segment fueled the pricing gains.

"March was an excellent month for home sales in Houston and the healthy appreciation in pricing is welcome news as well," said Wayne A. Stroman, HAR chairman and CEO of Stroman Realty. "Inventory remains at its lowest level in more than three years and is outpacing the national real estate market. The moderation in pending sales in March could possibly translate to a leveling off of sales before we enter the summer buying season, but we will know for sure next month."

The March single-family home average price rose 5.7 percent year-over-year to $227,270, the highest level for a March in Houston and only $70 below the all-time high reached in June 2008. The median price—the figure at which half of the homes sold for more and half sold for less—climbed 7.8 percent to $161,750, also a record high for a March in Houston.

Foreclosure property sales reported in the Multiple Listing Service (MLS) fell 12.8 percent year-over-year in March. Foreclosures comprised 19.6 percent of all property sales, which is down from the 21.1 percent level observed over the past 12 months. The median price of foreclosures in February was flat at $81,500.

March sales of all property types in Houston totaled 5,908, an increase of 7.4 percent compared to March 2011. Total dollar volume for properties sold during the month soared 15.2 percent to $1.3 billion versus $1.1 billion a year earlier.

March Monthly Market Comparison

The month of March brought Houston's overall housing market positive results when all sales categories are compared to March 2011. Total property sales, total dollar volume and average and median pricing rose on a year-over-year basis.

Month-end pending sales for March totaled 4,162. That is down a fractional 0.7 percent from last year and may suggest a slight tapering of sales when the April housing data are compiled. The number of available properties, or active listings, at the end of March declined 17.8 percent from March 2011 to 41,997. For the second month in a row, the inventory of single-family homes held to the lowest level since December 2008-5.6 months. That compares to 7.5 months one year earlier and means that selling the entire inventory single-family homes currently on the market would take 5.6 months to complete based on the past year's sales activity. The figure is superior to the national inventory of single-family homes of 6.4 months recently reported by the National Association of REALTORS® (NAR). These indicators continue to demonstrate that Houston has a balanced real estate marketplace.

CATEGORIES	MARCH 2011	MARCH 2012	PERCENT CHANGE
Total property sales	5,499	5,908	7.4%
Total dollar volume	$1,122,788,737	$1,293,042,237	15.2%
Total active listings	51,091	41,997	-17.8%
Total pending sales	4,190	4,162	-0.7%
Single-family home sales	4,634	4,996	7.8%
Single-family average sales price	$214,980	$227,270	5.7%
Single-family median sales price	$150,000	$161,750	7.8%
Months inventory*	7.5	5.6	-25.9%

Single-Family Homes Update

March sales of single-family homes in Houston totaled 4,996, up 7.8 percent from March 2011. This marks the tenth consecutive monthly increase.

Broken out by housing segment, March sales performed as follows:

$1 - $79,999: declined 8.4 percent,
$80,000 - $149,999: increased 3.5 percent
$150,000 - $249,999: increased 19.7 percent
$250,000 - $499,999: increased 12.1 percent
$500,000 - $1million and above: increased 12.5 percent

At $227,270, the average price of single-family homes rose 5.7 percent from last March, resulting from a combination of increased sales activity among luxury homes and a decline in the sales of homes priced below $80,000. The average price achieved a March high but fell just shy of the historic level of $227,340 reached in June 2008. At $161,750, the median sales price for single-family homes climbed 7.8 percent year-over-year, also achieving a high-point for a March in Houston.

HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In March 2012, existing home sales totaled 4,088, a 6.3 percent increase from March 2011. The average sales price rose 6.5 percent from last year to $212,524 and the median sales price increased 7.4 percent to $145,000.

Townhouse/Condominium Update

The number of townhouses and condominiums that sold in March declined 3.6 percent compared to one year earlier. In the greater Houston area, 374 units were sold last month versus 388 properties in March 2011.

The average price jumped 15.2 percent to $166,228 compared to March 2012. The median price of a townhouse/condominium rose 17.4 percent to $135,000.

Lease Property Update

Demand for lease properties persisted throughout the Houston market in March. Single-family home rentals rose 10.3 percent compared to one year earlier and year-over-year townhouse/condominium rentals increased 3.8 percent.

Houston Real Estate Milestones in March

Volume of single-family home sales rose 7.8 percent, accounting for the tenth consecutive monthly increase;
At $227,270, the single-family home average price reached the highest level for a March in Houston and came just $70 short of the all-time high achieved in June 2008.
At $161,750, the single-family home median price also hit the highest level for a March in Houston;
Single-family home rentals rose 10.3 percent;
Townhouse/condominium rentals increased 3.8 percent;
5.6 months inventory of single-family homes remains at the lowest level since December 2008 and compares favorably to the national average of 6.4 months.

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

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Friendswood Homes For Sale

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League City Homes For Sale

Search Houston Homes For Sale

Call for a consultation 800-301-9122

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PEARLAND HOMES FOR SALE - BUYER'S AGENTS - SEARCH FOR PEARLAND HOUSES

Thu, 29 Mar 2012 06:26:44 -0700

Pearland Homes For Sale Texas Buyer Realty LLC, Exclusive Buyer's Agents for Pearland.

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

Houston Buyer's Agent

Friendswood Homes For Sale

Clear Lake Texas Real Estate

League City Homes For Sale

Search Houston Homes For Sale

Call for a consultation 800-301-9122

email info@TexasHomeBuy.net

PEARLAND HOMES FOR SALE - Housing Tends Newsletter - March 2012

Thu, 29 Mar 2012 06:12:03 -0700

Link to all articles

Housing Affordability Index Hits Record High

Washington, March 06, 2012 - NAR President Moe Veissi said the typical family has roughly double the income needed to purchase a median-priced home. "For buyers who can qualify for a mortgage, now is a very good time to become a homeowner.” More...

February Existing-Home Sales Slip But Up Strongly From a Year Ago

Washington, March 21, 2012 - Lawrence Yun, NAR chief economist, said, "The market is trending up unevenly, with record high consumer buying power and sustained job gains giving buyers the confidence they need to get into the market”. More...

National Real Estate Market Articles Source:NATIONAL ASSOCIATION OF REALTORS®.

Appeal Your Property Tax Bill

To successfully appeal your property tax bill, you first need to do a bit of sleuthing into your real estate assessment. More...

What You Can and Can’t Deduct When You Work From Home

Working from home can offer many advantages including tax deductions. Just take care what you try to write off for your home office on your return. More...

Spring Cleaning, Room by Room

What you need to know to give each room a thorough springtime scrub-down. More...

What Lifestyle Locales are Newlyweds Flocking to?

According to Inman News, "Rental search site Rent.com has identified 10 metro areas it says are 'wonderful places to create a fun and affordable lifestyle' for those just tying the knot". More...

What's it Like to have Celebrity Neighbors?

HGTV's Front Door give us a detailed picture of "the ups and downs of living in a city frequented by the rich and famous". More...

Link to all articles

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

Houston Buyer's Agent

Friendswood Homes For Sale

Clear Lake Texas Real Estate

League City Homes For Sale

Search Houston Homes For Sale

Call for a consultation 800-301-9122

email info@TexasHomeBuy.net

PEARLAND HOMES FOR SALE - HOUSTON REAL ESTATE MARKET REPORT FEB 2012

Tue, 20 Mar 2012 10:00:03 -0700

MLS Report for February 2012

HOUSTON HOME SALES SHOW CONTINUED VITALITY IN FEBRUARY

Home sales climb for a ninth straight month with inventory at its lowest level in more than three years

HOUSTON — (March 20, 2012) — February marked the ninth consecutive month of positive home sales across the greater Houston area, and properties sold at a brisk enough pace to drive housing inventory to its lowest level since December 2008. The month also saw the trademarks of a healthy real estate market continue to prevail—a decline in active property listings and rise in pending sales.

February sales of single-family homes soared 16.9 percent versus one year earlier, according to the latest monthly data prepared by the Houston Association of REALTORS® (HAR). That is the biggest sales boost since August 2011. A surge in sales among homes priced between $80,000 and $250,000 combined with flat sales in the luxury housing segment allowed the average and median price to retreat slightly.

"The Houston housing market continues to show welcomed strength at the end of February 2012," said Wayne A. Stroman, HAR chairman and CEO of Stroman Realty. "In addition to all the positive indicators in HAR's February report, Houston is reaping the benefits of great economic news in the form of more than 76,000 jobs created over the past year, according to the Texas Workforce Commission. It stands to reason that with new jobs being filled, these employees and their families will need housing."

February's single-family home median price—the figure at which half of the homes sold for more and half sold for less—dipped a fractional 0.7 percent year-over-year to $149,900. The average price fell 4.6 percent from February 2011 to $201,945.

Foreclosure property sales reported in the Multiple Listing Service (MLS) increased 21.1 percent year-over-year in February. Foreclosures comprised 23.2 percent of all property sales, which is consistent with the levels observed over the past 12 months. The median price of foreclosures in February was unchanged at $79,000.

February sales of all property types in Houston totaled 4,561, up 15.8 percent compared to February 2011. Total dollar volume for properties sold during the month rose 13.4 percent to $894 million versus $788 million one year earlier.

February Monthly Market Comparison

The month of February brought Houston's overall housing market positive results when all sales categories are compared to February 2011. Total property sales and total dollar volume rose on a year-over-year basis. The median price declined less than one percent while the average price fell 4.6 percent.

Month-end pending sales for February totaled 3,445. That is up 13.5 percent from last year and suggests another month of positive sales when the March housing data are tallied. The number of available properties, or active listings, at the end of February declined 15.3 percent from February 2011 to 42,206. The inventory of single-family homes dropped to its lowest level since December 2008—5.6 months, compared to 7.3 months one year earlier. That means selling all the single-family homes on the market would take 5.6 months to complete based on the past year's sales activity. The figure is better than the national inventory of single-family homes of 6.1 months reported by the National Association of REALTORS® (NAR). These indicators all continue to reflect a healthy and balanced real estate marketplace for Houston.

CATEGORIES	FEBRUARY 2011	FEBRUARY 2012	PERCENT CHANGE
Total property sales	3,938	4,561	15.8%
Total dollar volume	$788,631,666	$894,542,550	13.4%
Total active listings	49,836	42,206	-15.3%
Total pending sales	3,036	3,445	13.5%
Single-family home sales	3,277	3,832	16.9%
Single-family average sales price	$211,725	$201,945	-4.6%
Single-family median sales price	$150,990	$149,900	-0.7%
Months inventory*	7.3	5.6	-22.5%

Single-Family Homes Update

February sales of single-family homes in Houston totaled 3,832, up 16.9 percent from February 2011. This marks the ninth consecutive monthly increase and the biggest hike since last August.

Broken out by segment, February sales of homes priced below $80,000 rose 16.7 percent; sales of homes in the $80,000-$150,000 range climbed 23.1 percent; sales of homes between $150,000 and $250,000 shot up 24.3 percent; sales of homes ranging from $250,000-$500,000 were up 7.4 percent; and sales of homes that make up the luxury market—priced from $500,000 and up—were unchanged year-over-year.

At $201,945, the average price of single-family homes slid 4.6 percent from last February, resulting from a combination of heavy sales activity among homes in the middle price segments and flat luxury home sales. At $149,900, the median sales price for single-family homes declined a fractional 0.7 percent year-over-year. The national single-family median price reported by NAR is $154,700, illustrating the continued higher value and lower cost of living available to consumers in Houston.

HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In February 2012, existing home sales totaled 3,141, a 16.0 percent increase from February 2011. The average sales price declined 4.3 percent from last year to $187,371 and the median sales price also declined 2.9 percent to $134,000.

Townhouse/Condominium Update

The number of townhouses and condominiums that sold in February rose 2.9 percent compared to one year earlier. In the greater Houston area, 319 units were sold last month versus 310 properties in February 2011.

The average price was statistically flat at $156,462 compared to February 2012. The median price of a townhouse/condominium edged up 2.1 percent to $122,000.

Lease Property Update

Lease properties throughout the Houston market continue to be in high demand. Single-family home rentals rose 21.1 percent in February compared to one year earlier and year-over-year townhouse/condominium rentals climbed 19.6 percent.

Houston Real Estate Milestones in February

Volume of single-family home sales rose 16.9 percent, accounting for the ninth consecutive monthly increase and the biggest hike since August 2011;
Single-family home rentals rose 21.1 percent;
Townhouse/condominium rentals increased 19.6 percent;
5.6 months inventory of single-family homes is the lowest level since December 2008 and compares favorably to the national average of 6.1 months.

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

Houston Buyer's Agent

Friendswood Homes For Sale

Clear Lake Texas Real Estate

League City Homes For Sale

Search Houston Homes For Sale

Call for a consultation 800-301-9122

email info@TexasHomeBuy.net

Pearland Homes For Sale and Houston Real Estate Market Report Jan 2012

Wed, 29 Feb 2012 09:47:50 -0800

MLS Report for January 2012

THE NEW YEAR BEGINS ON A POSITIVE NOTE FOR THE HOUSTON REAL ESTATE MARKET

January marks the eighth consecutive month of increased home sales

HOUSTON – (February 21, 2012) — The Houston housing market held to positive territory as 2012 began, with January marking the eighth consecutive month of increased home sales. The year also opened with a continued decline in active property listings and growth in pending sales—a combination that signals a healthy market with a balanced supply of housing inventory, and that puts Houston on enviable footing compared to many other markets around the U.S. that are slowly recovering from the housing downturn.

January sales of single-family homes climbed 9.2 percent versus one year earlier, according to the latest monthly data prepared by the Houston Association of REALTORS® (HAR). All segments of the housing market grew except the luxury segment—those homes priced from $500,000 and above—whose decline flattened the overall average price.

"The January report shows continued strength in the Houston housing market that we began seeing in the latter part of 2011, and it gives us cause for optimism as we look ahead to the typically active spring and summer buying months," said Wayne A. Stroman, HAR chairman and CEO of Stroman Realty. "We have also seen more jobs being filled locally and you generally don't experience a strong real estate market without healthy employment."

January's single-family home median price—the figure at which half of the homes sold for more and half sold for less—rose 0.9 percent year-over-year to $139,900. The average price of $194,765 was statistically unchanged from January 2011.

Foreclosure property sales reported in the Multiple Listing Service (MLS) increased 22.0 percent year-over-year in January. Foreclosures comprised 27.8 percent of all property sales, which is higher than the 2011 average of 21.0 percent. The median price of foreclosures in January was flat at $82,550.

January sales of all property types in Houston totaled 3,632, up 4.8 percent compared to January 2011. Total dollar volume for properties sold during the month rose 5.9 percent to $683 million versus $645 million one year earlier.

January Monthly Market Comparison

The month of January brought Houston's overall housing market positive results when all sales categories are compared to January 2011. Total property sales and total dollar volume rose on a year-over-year basis. The median price rose while the average price was flat.

Month-end pending sales for January totaled 3,164. That is up 6.0 percent from last year and suggests another positive month of sales when the February figures are tallied. The number of available properties, or active listings, at the end of January declined 15.1 percent from January 2011 to 42,067. The inventory of single-family homes dropped to its lowest level since December 2009—5.7 months, compared to 7.2 months one year earlier. That means it would take 5.7 months to sell all the single-family homes on the market based on sales activity over the past year. The figure is significantly better than the national inventory of single-family homes of 7.2 months reported by the National Association of REALTORS® (NAR). These indicators all continue to reflect a balanced real estate marketplace for Houston.

CATEGORIES	JANUARY 2011	JANUARY 2012	PERCENT CHANGE
Total property sales	3,467	3,632	4.8%
Total dollar volume	$645,477,929	$683,494,880	5.9%
Total active listings	49,523	42,067	-15.1%
Total pending sales	2,984	3,164	6.0%
Single-family home sales	2,792	3,049	9.2%
Single-family average sales price	$195,295	$194,765	-0.3%
Single-family median sales price	$138,700	$139,900	0.9%
Months inventory*	7.2	5.7	-21.1%

Single-Family Homes Update

January sales of single-family homes in Houston totaled 3,049, up 9.2 percent from January 2011. This marks the eighth consecutive monthly increase.

Broken out by segment, January sales of homes priced below $80,000 rose 6.4 percent; sales of homes in the $80,000-$150,000 range climbed 12.4 percent; sales of homes between $150,000 and $250,000 were up 17.6 percent; sales of homes ranging from $250,000-$500,000 advanced 4.8 percent; and sales of homes that make up the luxury market—priced from $500,000 and up—declined 2.1 percent.

At $194,765, the average price of single-family homes was statistically unchanged from last January, resulting from the lower volume of luxury home sales. At $139,900, the median sales price for single-family homes rose 0.9 percent year-over-year. The national single-family median price reported by NAR is $164,500, illustrating the continued higher value and lower cost of living available to consumers in Houston.

HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In January 2012, existing home sales totaled 2,594, an 8.1 percent increase from January 2011. The average sales price declined 1.4 percent from last year to $181,310 and the median sales price also declined 1.4 percent to $125,000.

Townhouse/Condominium Update

The number of townhouses and condominiums that sold in January fell 6.2 percent compared to one year earlier. In the greater Houston area, 271 units were sold last month versus 289 properties in January 2011.

The average price dipped 3.1 percent to $137,626 from January 2011 to January 2012. The median price of a townhouse/condominium declined 9.6 percent to $96,050.

Lease Property Update

Single-family home rentals rose 15.3 percent compared to one year earlier and year-over-year townhouse/condominium rentals climbed 15.6 percent. This is consistent with increases in the leasing market recorded throughout 2011.

Houston Real Estate Milestones in January

Volume of single-family home sales rose for the eighth consecutive month;
Single-family home rentals rose 15.3 percent;
Townhouse/condominium rentals increased 15.6 percent;
5.7 months inventory of single-family homes is the lowest level since December 2009 and compares favorably to the national average of 7.2 months.

for more information on Pearland Homes For Sale visit our website www.mypearlandmls.com

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

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SEDONA LAKES MANVEL/PEARLAND HOME BUILDERS

Wed, 15 Feb 2012 08:47:12 -0800

Considering buying a new home in Sedona Lakes? Don't go it alone !

Use an Exclusive Buyer Agent to help you.

New home builders love Exclusive Buyer Agents. They help facilite the transaction from start to finish and make it easier on the home builder.

Good for the Home BUYER - Exclusive Buyer Agents help negotiate the best deal for their clients. As trained and experienced new home representitaves, they know how to negotiate with home builders.

Construction Process - Exclusive Buyer Agents are also highly trained on the home construction process. They ensure the home is built to their client's specifications and assist with key inspection periods. They also advise on upgrades and options that will be the most beneficial to the market value of the home.

Inspections - There are three very important inspection times during a new home build. Foundation, pre-sheetrock, and final inspection. These inspection are performed by a third party home inspector working for the home buyer. Exclusive Buyer Agents help coordinate the ideal inspection times in order to catch any flaws before the next building stage.

How much does an Exclusive Buyer's Agent cost the buyer ? Nothing. In all new home builds, and even inventory homes, there is a built in commission that is paid by the home builder. It never reflects the cost of the home. In most all cases, the home buyer actually saves money by using an Exclusive Buyer's Agent.

You need a new homes expert on your side looking out for your best interests. Contact an Exclusive Buyer's Agent for your new home buying consultation.

Sedona Lakes is a master planned community in Manvel Texas and is part of the greater Pearland area. Sedona Lakes is located right off hwy 288, right next to Pearland.

From the $300s to the $390s
2,700 sq. ft. to 3,900 sq. ft.

60' Homesites From the $230s to $390s
2,100 sq. ft. to 3,200 sq. ft.

80' Homesites From the $350s to the $430s
3,200 sq. ft. to 4,700 sq. ft.

From the $220s to the $370s

2,200 sq. ft. to 3,900 sq. ft.

From the $370s to the $440s
3,200 sq. ft. to 5,100 sq. ft.

Read Our Client Testimonies

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800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

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Friendswood Homes For Sale

Clear Lake Texas Real Estate

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Exclusive Buyer Agents Says Harvest of Opportunity for Home Buyers

Wed, 15 Feb 2012 07:13:49 -0800

National Association of Exclusive Buyer Agents Says Harvest of Opportunity for Home Buyers

Media/Recent Press Releases

Ripe opportunities for home buyers exist in today’s market when buyers have the right tools for harvest

AVONDALE, AZ November 12, 2010- With tepid economic forecasts, nationwide investigations into foreclosures and a cloud of uncertainty, many are wondering if now is the right time to consider buying a home. In spite of sometimes confusing reports, the National Association of Exclusive Buyer Agents (NAEBA) advises homebuyers that with preparation, education and buyer representation, today’s market can yield bountiful benefits for home buyers. Mortgage interest rates are at an unprecedented low, and housing prices have not yet recovered.

“While the market conditions have dramatically shifted, we have long advocated that buyers understand the breadth of the home buying process and home ownership in order to assess the best housing and financing options for their individual needs,” says Benjamin Clark, 2010 President of NAEBA.

Armed with the following five tips, home buyers can confidently shop for their new home:

A short sale can be a long process. In a short sale, the property is sold for less than the outstanding loan balance. In this economy, short sales have received a lot of attention but many buyers may not realize that short sales may in fact be a lengthy, complex process requiring multiple approvals.
Set a realistic budget. Low housing prices make it even easier for home buyers to stay on budget. Rather than shopping at the upper end of your budget, go a little lower to allow you to comfortably afford your home in the event that you experience a reduction in income.
Buy with a long term view. If you plan to sell your home in a year, you risk losing money, even if prices rise slightly. Buy with plans to stay put for a few years to maximize your investment.
Don’t skip the details. In addition to reading the fine print and researching the neighborhood, get a home inspection to ensure that you are not later surprised with unexpected repair costs.
Choose a representative that will advocate for your needs. Exclusive Buyer Agents (EBAs) only work with home buyers and always represent the interests of the buyer throughout the entire real estate transaction.

Visit the NAEBA website at http://www.naeba.org for more information on home buying or to find a buyers agent in your area.

# # #

Kimberly Kahl, CAE, Executive Director
National Association of Exclusive Buyer Agents
Phone: 800-786-1570
Email: kkahl@naeba.info

The National Association of Exclusive Buyer Agents (NAEBA) (http://naeba.org) is an organization of companies dedicated to representing only buyers of real estate. NAEBA member brokerages do not list homes for sale and never represent sellers. This restriction to one side of the real estate transaction avoids conflicts and ensures that the interest of the home buyer is protected at all times from house-hunting and negotiation, to inspection, financing and closing.

NAEBA is pioneering a nationwide effort to give today’s home-buying consumers the level of service they deserve and are increasingly demanding. NAEBA members firmly believe that home buyers have the same full and equal representation rights as sellers in any real estate transaction. NAEBA, in existence since 1995, is comprised of Exclusive Buyer Agencies in most areas of the United States and in some international markets.

Read Our Client Testimonies

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800-301-9122

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The Villages at Mary's Creek - Pearland Homes For Sale

Tue, 07 Feb 2012 12:05:04 -0800

The Villages at Mary's Creek is a gated community in the heart of Pearland. located right next to the Pearland High School off the Pearland Parkway.

These are the current homes for sale in the Villages at Mary's Creek as of the posted date. To view all of the current Pearland homes for sale in the Villages at Mary's Creek, visit our website or click on the SEARCH FOR HOMES

When buying a Pearland home, use an Exclusive Buyer's Agent to help negotiate the best deal for you and represent your best interests.

	Single-Family	ML #: 84098487	Status: A	LP: $305,000
County: Brazoria	KM: 615U	Area: 5 - Brazoria County	LP/SF: $ 88.15
Addr: 2907 GREEN FOREST LN	City: PEARLAND	Zip: 77581-8860
Sub: THE VILLAGES AT MARY'S CREEK	Year Built: 2004/Appraisal District
Listing Firm: Prudential Gary Greene,
SqFt: 3460/Appraisal District	<!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 / 4	FB/HB: 3/1
Style: Traditional	Lot Size: 9600/Appraisal District
Garage: 2/Detached Garage	Stories: 2	Tax w/o Exempt/Yr: $9026/2011	Tax Rate: 3.3236010000000004
Dir: Pearland Parkway to left at Entrance of Mary's Creek, First Left Then Right at Boxwood Gate, Left at Green Forest, House on the Right
Remarks: Meritage Legacy with custom pool,landscaping,4 bedrooms,3.5 baths,2 living areas,study,gameroom,media & dining.Oversized island kitchen with breakfast bar,computer niche & butler's pantry.The open plan features 2 story ceilings,wide plank wood floors,tile,custom lighting & cabinetry,dual entry staircase & oak banisters.Large guest rooms with walk-in closets.Gated community.Pearland ISD & City Park in walking distance.Near shopping,dining,Beltway 8 Commute.See photos & docs for more.

	Single-Family	ML #: 14035958	Status: A	LP: $324,000*
County: Brazoria	KM: 615U	Area: 5 - Brazoria County	LP/SF: $ 79.74
Addr: 3313 REDWOOD GROVE ST	City: PEARLAND	Zip: 77581-5679
Sub: THE VILLAGES AT MARY'S CREEK	Year Built: 2007/Appraisal District
Listing Firm: Phyllis Foster Real Estate Ser
SqFt: 4063/Builder	<!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 /	FB/HB: 3/1
Style: Traditional	Lot Size: 10382/Appraisal District
Garage: 3/Attached Garage	Stories: 2	Tax w/o Exempt/Yr: $10308/2010	Tax Rate: 3.3236010000000004
Dir: Take Beltway 8 to Pearland Parkway. Continue on Pearland Parkway until you reach the dead end. Take a left on Mary's Village, left on Auburn Woods and right on Redwood Grove. Property is on right.
Remarks: Beautiful home with a gorgeous entry and iron staircase. Hardwood floors through out living areas and tile in kitchen. Gourmet kitchen with granite countertops and an abundance of cabinet space. Large backyard with a covered patio. Don't miss the media room with a large screen, projector and surround sound. Large master bath with a separate seating area could be used as a workout room or sitting area. This is a must see!

	Single-Family	ML #: 99225971	Status: A	LP: $349,900
County: Brazoria	KM: 615U	Area: 5 - Brazoria County	LP/SF: $ 89.99
Addr: 3311 SEQUOIA LAKE TRL	City: PEARLAND	Zip: 77581-5681
Sub: THE VILLAGES AT MARY'S CREEK	Year Built: 2006/Appraisal District
Listing Firm: RE/MAX Top Realty
SqFt: 3888/Appraisal District	<!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 /	FB/HB: 3/1
Style: Traditional	Lot Size: 9871/Appraisal District
Garage: 3/Attached Garage	Stories: 2	Tax w/o Exempt/Yr: $10635/2011	Tax Rate: 3.3236010000000004
Dir: 518 to Pearland Parkway. Take Pearland Parkway to Villages at Mary's Creek ( right behind Pearland High School) .
Remarks: Stunning 2 story Wilshire Home in the gated community of Village's At Mary's Creek centrally located in Pearland. Close to High School, Beltway and so much more!! Home has MANY Features .. too many to list them all. Home incl. 4 bedrooms- master down, 3.5 bath, formal living, dining and study downstairs.Gameroom, media room upstairs. Complete room off of the breakfast that is used as bar area, granite in kitchen area, stainless appliances, builts in & more. HUGE Back patio and more!


Tue, Feb 7, 2012 10:57 AM	Data Not Verified/Guaranteed by MLS Obtain signed HAR Broker Notice to Buyer Form	Prepared by: James Potenza

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

Houston Buyer's Agent

Friendswood Homes For Sale

Clear Lake Texas Real Estate

League City Homes For Sale

Search Houston Homes For Sale

Call for a consultation 800-301-9122

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SEDONA LAKES - LOWEST PRICE HOMES FOR SALE

Tue, 07 Feb 2012 11:30:46 -0800

Sedona Lakes - Manvel (Pearland) new and resale homes for sale. These are the lowest priced homes you will find at Sedona Lakes. The listings are current as of the posted date. Check our website for current listings.

When buying a new home in Pearland or Manvel, make sure you have an Exclusive Buyer's Agent with you when you go to the new home sale office. That will ensure you have the proper representation by a new home buying expert ! Your Exclusive Buyer's Agent will be able to help you negotiate the best deal on a new home and ensure the home is built right.

	Single-Family	ML #: 2926758	Status: A	LP: $278,926
County: Brazoria	KM: 000A	Area: 5 - Brazoria County	LP/SF: $ 111.44
Addr: 3115 Currant Drive	City: Manvel	Zip: 77578-
Sub: Sedona Lakes 60s	Year Built: 2012/Builder
Listing Firm: HomesUSA.com
SqFt: 2503/Builder	<!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 /	FB/HB: 3/0
Style: Traditional	Lot Size: /
Garage: 2/Attached Garage	Stories: 1	Tax w/o Exempt/Yr: $/	Tax Rate:
Dir: From South Sam Houston Tollway, exit 288 travel South. Take the Bailey Rd-CR101 Exit (just past FM 518) and turn left. Sedona Lakes will be on your right
Remarks: Built by Highland Homes, LTD - March completion! ~ 1 Story, 4 bedroom, 3 bath, 2 car garage. Home features include: wood floors, study, elegant stone fireplace, upgraded granite countertops, outdoor living area, oil rubbed bronze fixtures, natural stone exterior, upgraded master bath and much more!

	Single-Family	ML #: 86520411	Status: A	LP: $279,995*
County: Brazoria	KM: 000A	Area: 5 - Brazoria County	LP/SF: $ 97.66
Addr: 3007 RABBIT BRUSH LN	City: Manvel	Zip: 77578-
Sub: SEDONA LAKES	Year Built: 2009/Appraisal District
Listing Firm: BHGRE Anderson Properties
SqFt: 2867/Appraisal District	<!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 /	FB/HB: 3/0
Style: Traditional	Lot Size: 8555/Appraisal District
Garage: 3/Attached Garage	Stories: 2	Tax w/o Exempt/Yr: $3898/2010	Tax Rate: 2.2180310000000003
Dir: Take 288 south to CR 101. Exit & take the new bridge to the east. Turn South on Sedona Ln, Turn East on N Sedona Lakes Dr, follow it to Arcacia Ln & go North then go West on Currant to Manzanita turn north then turn West on Rabbit Brush Ln home on Rt
Remarks: This home was built by Award Winning Highland Homes. It's a 2 story, 4 bed, 3 bath, dining with butlrs pantry, gmroom, media, 3 car grge, cvrd patio. FlagstoneStone accents. Step up from gameroom to the media room w prewire for surr sound & proj. 2nd bedroom down with full bath. All baths have upg c-tops. Upg carpet throughout with 5in hardwood floors in the dining/Den/Game. Quiet cul-de-sac location with large back yard and room for a pool. Full sprinkler system and beautiful landscaping incl

	Single-Family	ML #: 12708196	Status: A	LP: $298,239
County: Brazoria	KM: 000A	Area: 5 - Brazoria County	LP/SF: $ 94.53
Addr: 3114 Currant Drive	City: Manvel	Zip: 77578-
Sub: Sedona Lakes 60s	Year Built: 2012/Builder
Listing Firm: HomesUSA.com
SqFt: 3155/Builder	<!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 /	FB/HB: 3/0
Style: Traditional	Lot Size: /
Garage: 2/Attached Garage	Stories: 2	Tax w/o Exempt/Yr: $/	Tax Rate:
Dir: From South Sam Houston Tollway, exit 288 travel South. Take the Bailey Rd-CR101 Exit (just past FM 518) and turn left. Sedona Lakes will be on your right.
Remarks: Built by Highland Homes, LTD - March completion! ~ 2 Story, 4 Bedroom, 3 Full Bath, 2 car garage. Lovely brick and stone exterior, extended master bedroom, media room, game room and study. Master bedroom and guest suite down. Features in the home include: granite counter tops, upgraded carpet, stainless steel appliances, iron staircase spindles, extended outdoor living, upgraded master bath, full gutters, sprinkler system, and much more!


Tue, Feb 7, 2012 10:24 AM	Data Not Verified/Guaranteed by MLS Obtain signed HAR Broker Notice to Buyer Form	Prepared by: James Potenza

	Single-Family	ML #: 9821446	Status: A	LP: $299,309
County: Brazoria	KM: 000A	Area: 5 - Brazoria County	LP/SF: $ 90.02
Addr: 3026 Currant	City: Manvel	Zip: 77578-
Sub: Sedona Lakes 60s	Year Built: 2011/Builder
Listing Firm: HomesUSA.com
SqFt: 3325/Builder	<!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 4 /	FB/HB: 3/1
Style: Traditional	Lot Size: /
Garage: 2/Attached Garage	Stories: 2	Tax w/o Exempt/Yr: $/	Tax Rate:
Dir: From South Sam Houston Tollway, exit 288 travel South. Take the Bailey Rd-CR101 Exit (just past FM 518) and turn left. Sedona Lakes will be on your right
Remarks: Built by Highland Homes, LTD - March completion! ~ 2 Story, 4 bedroom, 3.5 bath, formal dining, game room, covered patio, 2 car garage. This home is located on a premium home site with no backyard neighbors! Features include, upgraded tile flooring, upgraded granite kitchen counter tops, maple cabinets in kitchen and all baths, upgraded carpet, iron staircase spindles, stainless steel appliances, full sprinkler system and much more!

	Single-Family	ML #: 59490852	Status: A	LP: $302,990*
County: Brazoria	KM: 653A	Area: 5 - Brazoria County	LP/SF: $ 102.78
Addr: 3014 Currant Drive	City: Manvel	Zip: 77578-
Sub: SEDONA LAKES SEC 1	Year Built: 2011/Appraisal District
Listing Firm: Darling Homes
SqFt: 2948/Appraisal District	<!-- aec: VI#50527 - added Max Bedrooms. 3/25/2005 --># Bedrooms: 3 / 3	FB/HB: 3/1
Style: Other Style	Lot Size: 7903/Appraisal District
Garage: 3/Attached Garage	Stories: 1.5	Tax w/o Exempt/Yr: $525/2010	Tax Rate: 3.4
Dir: Exit CR 101 from TX-288. Take CR 101 to first right on Senora Lane into the Sedona Lakes community. For 60 model turn left on Sedona Lakes Dr. to Desert Rose Ct. For 80 model turn right on Sedona Lakes Dr. to Indigo Ct.
Remarks: Study, Formal Dining, Gourmet Kitchen is open to Breakfast and Family room with Corner Fireplace. Covered Patio, 3 Car Tandem Garag, Upstairs Game room and Media Room


Tue, Feb 7, 2012 10:24 AM	Data Not Verified/Guaranteed by MLS Obtain signed HAR Broker Notice to Buyer Form	Prepared by: James Potenza

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

Houston Buyer's Agent

Friendswood Homes For Sale

Clear Lake Texas Real Estate

League City Homes For Sale

Search Houston Homes For Sale

Call for a consultation 800-301-9122

email info@TexasHomeBuy.net

PEARLAND HOMES FOR SALE - HOUSTON REAL ESTATE MARKET REPORT DECEMBER 2011

Fri, 20 Jan 2012 10:39:56 -0800

MLS Report for December and Full-Year 2011

2011 ENDS ON A HEALTHY NOTE FOR THE HOUSTON REAL ESTATE MARKET

December marks the seventh consecutive month of increased home sales; 2011 bests 2010 in sales volume and pricing

HOUSTON — (January 17, 2012) — After several months in which home sales figures were skewed by the effects of the 2010 homebuyer tax credit, the Houston real estate market concluded 2011 solidly in the black. December marked the seventh straight month of increased home sales and the month contained a host of indicators suggesting a healthy start to the new year. Prices of single-family homes across Greater Houston for full-year 2011 were up slightly from 2010. The median price reached an all-time high for a December in Houston and months inventory hit its lowest level in two years.

According to the latest monthly data compiled by the Houston Association of REALTORS® (HAR), December sales of single-family homes throughout the Houston market climbed 7.2 percent when compared to December 2010. Positive sales activity was recorded in every segment of the housing market except the luxury segment—those homes priced from $500,000 and above—which was unchanged year-over-year.

The average price of a single-family home was statistically flat at $219,791 compared to December 2010 while the December single-family home median price—the figure at which half of the homes sold for more and half sold for less—rose 1.9 percent from one year earlier to $160,000.

Foreclosure property sales reported in the Multiple Listing Service (MLS) increased 6.1 percent in December compared to December 2010. Foreclosures comprised 20.5 percent of all property sales, remaining consistent with the levels they maintained for much of 2011. December's median price of foreclosures held steady on a year-over-year basis at $82,550.

December sales of all property types in Houston totaled 5,460, up 6.6 percent compared to December 2010. Total dollar volume for properties sold during the month increased 7.5 percent year-over-year to $1.16 billion. On an annualized basis, sales of all property types were up 4.3 percent compared to 2010 levels while total dollar volume rose 5.2 percent to $13 billion.

"2011 ended on a very promising note," said Wayne A. Stroman, HAR chairman and President/CEO of Stroman Realty.""We spent a good part of the year struggling to accurately gauge the market because we were comparing to accelerated sales in 2010 that resulted from the homebuyer tax credit. Once we distanced ourselves from that period, we saw clear indications of a healthy market with a balanced supply of housing inventory and strong pricing—conditions that put Houston in an enviable position compared to many housing markets around the country. The key to sustaining that positive momentum in 2012 will be continued improvement in Houston's employment numbers."

2011 Annual Market Comparison

The Houston housing market concluded calendar year 2011 with noteworthy gains in sales volume along with strong pricing. Single-family home sales rose 4.0 percent for the year while sales of all property types increased 4.3 percent. On a year-to-date basis, the average price rose 0.9 percent to $213,723 while the median price ticked up 0.7 percent to $155,000. Total dollar volume for full-year 2011 climbed 5.2 percent to $13 billion compared to full-year 2010.

CATEGORIES	FULL-YEAR 2010	FULL-YEAR 2011	PERCENT CHANGE
Single-Family Home Sales	51,556	53,606	4.0%
Total Property Sales	61,005	63,610	4.3%
Total Dollar Volume	$12,364,327,660	$13,012,903,352	5.2%
Single-Family Average Sales Price	$211,765	$213,723	0.9%
Single-Family Median Sales Price	$153,990	$155,000	0.7%

December Monthly Market Comparison

The month of December brought Houston's overall housing market positive results when all listing categories are compared to December 2010. Sales of single-family homes as well as all property types rose along with total dollar volume. The median single-family price increased to its highest level for a December in Houston while the average price remained unchanged.

Month-end pending sales for December totaled 2,907, up 3.0 percent from last year and a signal that a further increase in demand is likely when the January figures are tallied. The number of available properties, or active listings, at the end of December fell 14.1 percent compared to December 2010. This absorption of housing inventory accounted for a 20.2 percent decline in months inventory to the lowest level since December 2009—5.8 months versus 7.2 months in December 2010. That means it would take 5.8 months to sell all the single-family homes on the market based on sales activity over the past year. The figure is significantly better than the national inventory of single-family homes of 7.0 months reported by the National Association of REALTORS® (NAR). These indicators all continue to reflect a well-balanced real estate marketplace for Houston.

CATEGORIES	DECEMBER 2010	DECEMBER 2011	PERCENT CHANGE
Total property sales	5,122	5,460	6.6%
Total dollar volume	$1,079,022,599	$1,159,956,192	7.5%
Total active listings	49,005	42,083	-14.1%
Total pending sales	2,821	2,907	3.0%
Single-family home sales	4,295	4,604	7.2%
Single-family average sales price	$220,479	$219,791	-0.3%
Single-family median sales price	$157,000	$160,000	1.9%
Months inventory*	7.2	5.8	-20.2%

Single-Family Homes Update

December sales of single-family homes in Houston totaled 4,604, up 7.2 percent from December 2010. This marked the seventh consecutive increase of 2011. Broken out by segment, December sales of homes priced below $80,000 rose 10.2 percent; sales of homes in the $80,000-$150,000 range were up 3.1 percent; sales of homes between $150,000 and $250,000 climbed 7.3 percent; sales of homes ranging from $250,000-$500,000 advanced 12.8 percent; and sales of homes that make up the luxury market—priced from $500,000 and up—were unchanged.

At $219,791, the average price of single-family homes was statistically flat compared to last December. At $160,000, the median sales price for single-family homes reached a December high for Houston, rising 1.9 percent year-over-year. That compares to the national single-family median price of $164,100 reported by NAR.

HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In December 2011, existing home sales totaled 3,755, a 7.7 percent increase from December 2010. The average sales price edged up 0.9 percent from last year to $203,253 and the median sales price was flat at $145,000.

Townhouse/Condominium Update

December sales of townhouses and condominiums rose 3.2 percent compared to one year earlier. In the greater Houston area, 388 units were sold last month versus 376 properties in December 2010.

The average price climbed 2.5 percent to $173,675 from December 2010 to December 2011. The median price of a townhouse/condominium declined 4.9 percent to $131,750.

Lease Property Update

The demand for Houston lease properties that prevailed throughout 2011 continued in December, though at a slower pace. Single-family home rentals rose 12.3 percent compared to one year earlier and year-over-year townhouse/condominium rentals ticked up 0.7 percent.

As HAR reported throughout year, this demand was largely perceived as the result of hiring gains that have drawn consumers to Houston from around the U.S. These consumers may not be prepared or capable of purchasing a home for various reasons, among them tighter mortgage lending criteria. According to the Greater Houston Partnership, as of November 2011, the Houston metropolitan area gained 170,700 net new jobs, recovering 112 percent of the 152,800 jobs lost during the recession.

Houston Real Estate Milestones in December

Volume of single-family home sales rose for a seventh consecutive month;
At $160,000, the median sales price for single-family homes reached the highest level for a December in Houston;
Single-family home rentals rose 12.3 percent;
Townhouse/condominium rentals increased 0.7 percent;
5.8 months inventory of single-family homes is the lowest level since December 2009 and compares favorably to the national average of 7.0 months.

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

Houston Buyer's Agent

Friendswood Homes For Sale

Clear Lake Texas Real Estate

League City Homes For Sale

Search Houston Homes For Sale

Call for a consultation 800-301-9122

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PEARLAND HOMES FOR SALE - FINDING THE RIGHT AGENT

Tue, 10 Jan 2012 13:20:24 -0800

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PEARLAND HOMES FOR SALE - PEARLAND SCHOOLS

Tue, 10 Jan 2012 11:37:01 -0800

Alvin Independent School District

301 E HOUSE ST
ALVIN, TX 77511-3579
Phone: 281-388-1130
Website

Schools: 21
Educational Climate: Average
Technology Index: Medium-high
Population in Poverty: 12%
Students: 17,200
Per Student Expenditure: $5,100.00 - 5,299.99

Pearland Independent School District

1928 N MAIN ST
PEARLAND, TX 77581
Phone: 281-485-3203
Website

Schools: 23
Educational Climate: Above Average
Technology Index: High
Population in Poverty: 6%
Students: 17,900
Per Student Expenditure: $4,600.00 - 4,899.99

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PEARLAND HOMES FOR SALE - WE ARE TRUE TO TEXAS

Thu, 05 Jan 2012 18:30:26 -0800

Here at TEXAS BUYER REALTY aka Pearland Homes For Sale, we are serious about TEXAS.

TEXAS born, raised, and will always be true to the TEXAS Constitution !

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PEARLAND HOMES FOR SALE - REAL ESTATE COMMUNITY RESEARCH

Thu, 05 Jan 2012 10:32:15 -0800

Before considering buying a home, do your home-work. Our Pearland Homes For Sale website enables home buyers to research Pearland communities and all other communities across the country, by zip code. You can even compare communities side by side.

Visit Pearland Homes For Sale website to view the community research.

Review the distribution of household income levels in a community.Income levels are listed along the left side of the chart, and the number of households are displayed along the bottom.

Find out the highest level of education achieved by the people within this local market.

These levels can help you determine if you want to live in a certain area.

The Crime Risk Index compares the likelihood of different crimes happening within this community to the national average.The national average for each type of crime equals a score of 100.A score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk.

Weather Risk shows you the different kinds of extreme weather in an area, based on historical storm events and weather patterns.The national average for each type of weather event equals a score of 100. A score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk.

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Representation - Not Sales

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PEARLAND HOMES FOR SALE - MOBILE HOME SEARCH WEBSITE

Wed, 04 Jan 2012 13:52:57 -0800

Search on the go !

We now have our mobile home search set up. Search Pearland and all other areas of the greater Houston area !

Scan the code below to go directly to your home search !

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800-301-9122

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Representation - Not Sales

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PEARLAND HOMES FOR SALE - REAL ESTATE MARKET INFORMATION

Wed, 04 Jan 2012 13:08:34 -0800

Pearland Homes For Sale now offers a very insightful way to research local Real Estate.

Intruducing......MARKET INSIDER

Go directly to the market reports

You now have the ability to search by zipcode to reveal very specific market data, including Pearland Homes For Sale and other areas of Houston Real Estate.

Enter a Zip Code to Get Started Search Now

Market Analysis
Community Info
Local Schools
Compare Areas
Insider Tips

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.Some sales are not immediately available from public records. As they become available, the data are updated.

Review the inventory and health of the market by looking at the number of sold and listed properties. To understand if the market inventory is growing or shrinking, compare the number of sold properties to new listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market. Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market. Sold: Properties sold that monthNew: Listings that are new on the marketDistressed: Listings that are short sales, bank owned, or up for auction.Standard: Non-distressed listings.

This chart shows home occupancy within an area.A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area

Read Our Client Testimonies

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800-301-9122

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Representation - Not Sales

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PEARLAND HOMES FOR SALE - HOUSTON REAL ESTATE MARKET IS POSITIVE

Tue, 22 Nov 2011 08:38:17 -0800

MLS Report for October 2011

OCTOBER MARKS THE HOUSTON AREA'S FIFTH CONSECUTIVE MONTH OF POSITIVE HOME SALES

Average price hits an October high as increased pending sales and declining months inventory signal ongoing market stability

HOUSTON — (November 16, 2011) — The Houston real estate market has added reason to be grateful this Thanksgiving season after logging a fifth straight month of positive home sales in October. The year-over-year increase in single-family homes sales, coupled with a rise in pending sales and continued decline in months inventory, signals a market that is benefitting from a healthy absorption of housing inventory. Adding to the positive report is an average price that achieved an all-time high for an October in Houston.

According to the latest monthly data prepared by the Houston Association of REALTORS® (HAR), October sales of single-family homes rose 9.1 percent versus one year earlier. All segments of the housing market, from the sub-$80,000 to the $500,000 and above, experienced growth. On a year-to-date basis, sales were up 3.4 percent.

"The further we distance ourselves from last year's tax credit as we analyze the local housing data, the clearer an indication we get of market performance, and the latest numbers show a healthy sales climate for an autumn in Houston," said Carlos P. Bujosa, HAR chairman and VP at Transwestern. "As long as the Houston economy continues to strengthen with additional job growth, we can be cautiously optimistic about the state of the housing market going into the new year."

The average price of a single-family home rose 1.1 percent from October 2010 to $208,506, the highest level for an October in Houston. The October single-family home median price—the figure at which half of the homes sold for more and half sold for less—was unchanged from the October high of $150,000 it reached in 2010.

Foreclosure property sales reported in the Multiple Listing Service (MLS) increased 6.0 percent year-over-year in October. Foreclosures comprised 22.0 percent of all property sales, up slightly from the 19 to 20 percent range they have maintained since May of this year. The median price of foreclosures in October was flat at $80,600.

October sales of all property types in Houston totaled 4,815, up 8.9 percent compared to October 2010. Total dollar volume for properties sold during the month rose 10.9 percent to $962 million versus $867 million one year earlier.

October Monthly Market Comparison

The month of October brought Houston's overall housing market positive results when all sales categories are compared to October of 2010. Increases in the volume of closed and pending sales reflected more normal, seasonal trending after several months in which the data was distorted by the 2010 tax credit that led to a sharp decline in home sales after it expired. Total property sales and total dollar volume rose on a year-over-year basis while the average price climbed to an historic high for an October in Houston.

Month-end pending sales for October totaled 3,092. That is up 9.6 percent from last year and portends another positive month when the November sales figures are tallied. The number of available properties, or active listings, at the end of October declined 12.0 percent from October 2010 to 46,674. The inventory of single-family homes dropped to its lowest level since April 2010—6.6 months, compared to 7.7 months one year earlier. That means it would take 6.6 months to sell all the single-family homes on the market based on sales activity over the past year. The figure is significantly better than the national inventory of single-family homes of 8.5 months reported by the National Association of REALTORS® (NAR). These indicators all reflect a balanced real estate marketplace for Houston.

CATEGORIES	OCTOBER 2010	OCTOBER 2011	PERCENT CHANGE
Total property sales	4,420	4,815	8.9%
Total dollar volume	$867,182,719	$961,640,986	10.9%
Total active listings	53,039	46,674	-12.0%
Total pending sales	2,821	3,092	9.6%
Single-family home sales	3,741	4,080	9.1%
Single-family average sales price	$206,165	$208,506	1.1%
Single-family median sales price	$150,000	$150,000	0.0%
Months inventory*	7.7	6.6	-14.1%

Single-Family Homes Update

October sales of single-family homes in Houston totaled 4,080, up 9.1 percent from October 2010. This marks the fifth consecutive increase of the year following a 1.4 percent rise in June, 15.3 jump in July and increases of 28.8 percent and 15.2 percent in August and September, respectively. On a year-to-date basis, sales are ahead 3.4 percent.

Broken out by segment, October sales of homes priced below $80,000 rose 4.8 percent; sales of homes in the $80,000-$150,000 range climbed 11.5 percent; sales of homes between $150,000 and $250,000 were up 11.8 percent; sales of homes ranging from $250,000-$500,000 advanced 8.0 percent; and sales of homes that make up the luxury market—priced from $500,000 and up—ticked up 0.8 percent.

The average price achieved the highest level ever for an October in Houston. At $208,506, the average price of single-family homes rose 1.1 percent compared to last October. At $150,000, the median sales price for single-family homes matched its all-time October high set in 2010. The national single-family median price reported by NAR is $165,600, illustrating the continued higher value and lower cost of living available to consumers in Houston.

HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In October 2011, existing home sales totaled 3,434, a 10.3 percent increase from October 2010. The average sales price was unchanged from last year at $194,997 and the median sales price was also flat at $139,500.

Townhouse/Condominium Update

The number of townhouses and condominiums that sold in October jumped 16.9 percent compared to one year earlier, marking the fourth straight monthly sales increase. The first was a 25.3 percent rise in July, followed by a 20.5 percent increase in August and 14.6 percent gain in September. In the greater Houston area, 352 units were sold last month versus 301 properties in October 2010.

The average price jumped 13.0 percent to $163,221 from October 2010 to October 2011. The median price of a townhouse/condominium rocketed 22.7 percent to $132,500. Both average and median prices were the highest ever for an October in Houston.

Lease Property Update

The trend in soaring demand for lease properties throughout the Houston market continued in October. Single-family home rentals rose 24.8 percent compared to one year earlier and year-over-year townhouse/condominium rentals climbed 18.5 percent. HAR has reported throughout much of 2011 that this demand has been largely driven by steady improvement in the local employment landscape, with REALTORS® observing a surge in consumers relocating to Houston from around the U.S. According to the Texas Workforce Commission's latest report, the Houston-Sugar Land-Baytown Metropolitan Statistical Area gained 66,300 jobs in the 12 months ending September 2011. That represents an increase of 2.6 percent.

Houston Real Estate Milestones in October

Volume of single-family home sales rose for a fifth consecutive month;
Volume of townhouse/condominium sales rose for the fourth straight month;
At $208,506, the average price of a single-family home reached the highest level for an October in Houston;
At $150,000, the median sales price for single-family homes matched its all-time October high set in 2010;
Single-family home rentals rose 24.8 percent;
Townhouse/condominium rentals increased 18.5 percent;
6.6 months inventory of single-family homes is the lowest level since April 2010 and compares favorably to the national average of 8.5 months.

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

Read Our Client Testimonies

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800-301-9122

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Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

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PEARLAND HOMES FOR SALE REAL ESTATE MARKET TRENDS

Tue, 25 Oct 2011 08:36:50 -0700

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the Housing Trends OCTOBER - 2011 Newsletter http://jamespotenza.housingtrendsenewsletter.com

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

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Clear Lake Texas Real Estate

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PEARLAND HOMES FOR SALE TEXAS BUYER REALTY EXCLUSIVE BUYER'S AGENT

Mon, 24 Oct 2011 08:22:47 -0700

Texas Buyer Realty LLC is proud to welcome YOUR new Exclusive Buyer's Agent, Greta Costa.

Please take the time to visit her website.

A 20-year military veteran with years of experience as an analyst, I now research the Greater Houston Area, searching for the best houses at the best prices. I understand the stress of relocating to a new city...I've been there countless times. I know your REALTOR needs to be someone you can trust to have YOUR best interests at heart. That means integrity, service and excellence..core values by which I live.

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

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Clear Lake Texas Real Estate

League City Homes For Sale

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HOUSTON PEARLAND REAL ESTATE MARKET REPORT SEPT 2011

Tue, 18 Oct 2011 12:31:28 -0700

MLS Report for September 2011

HOUSTON-AREA HOME SALES RISE FOR A FOURTH STRAIGHT MONTH

Average and median prices reach September highs; market on "strong footing"

HOUSTON — (October 18, 2011) — Houston temperatures finally cooled a bit in September, but home sales remained hot. Sales of single-family homes climbed nearly 17 percent when compared to one year earlier and accounted for the fourth consecutive month of increased sales volume. The prices of those homes achieved all-time highs for a September in Houston. In addition, months inventory fell to the lowest level since May 2010 while pending sales rose and active listings declined. All are considered signs of a healthy and balanced housing market as the fall season gets underway.

According to the latest monthly data prepared by the Houston Association of REALTORS® (HAR), September sales of single-family homes rose 16.9 percent versus one year earlier. This increase followed home sales gains recorded in January, June, July and August of this year. All segments of the housing market, from the sub-$80,000 to the $500,000 and above, experienced positive sales in September. On a year-to-date basis, sales were up 3.2 percent.

"The combination of increased closed and pending sales, fewer active listings and strong pricing suggests that we are entering the fall home buying season on strong footing," said Carlos P. Bujosa, HAR chairman and VP at Transwestern. "HAR's September report shows rebalanced supply and demand throughout the Houston housing market with diminishing traces of the distortions caused by last year's federal home buyer tax credit."

The average price of a single-family home ticked up 0.4 percent from September 2010 to $213,334, the highest level for a September in Houston. The September single-family home median price—the figure at which half of the homes sold for more and half sold for less—also reached a September high for the market, rising 1.6 percent to $157,500.

Foreclosure property sales reported in the Multiple Listing Service (MLS) increased 2.4 percent year-over-year in September. Foreclosures comprised 19.4 percent of all property sales, which is consistent with the levels it has maintained each month since May when it was more than 22 percent. The median price of foreclosures in September was flat at $81,900.

September sales of all property types in Houston totaled 5,469, up 15.9 percent compared to September 2010. Total dollar volume for properties sold during the month jumped 16.0 percent to $1.1 billion versus $962 million one year earlier.

September Monthly Market Comparison

The month of September brought Houston's overall housing market positive results when all sales categories are compared to September of 2010. Sales volume gains showed more normal, seasonal trending after several months in which the data was skewed by the 2010 tax credit that caused a dramatic drop in home sales following its expiration. Total property sales and total dollar volume rose on a year-over-year basis. Both average and median prices climbed to historic levels for a September in Houston.

Month-end pending sales for September totaled 3,120. That is up 3.2 percent from last year and suggests the likelihood of another positive month of sales when the October figures are tallied. The number of available properties, or active listings, at the end of September declined 11.5 percent from September 2010 to 47,812. The inventory of single-family homes was reduced to 6.8 months, its lowest level since May 2010, compared to 7.7 months one year earlier. That means it would take 6.8 months to sell all the single-family homes on the market based on sales activity over the past year. The figure is significantly better than the national inventory of single-family homes of 8.5 months reported by the National Association of REALTORS® (NAR). These indicators all reflect a balanced real estate marketplace for Houston.

The number of available properties, or active listings, at the end of August declined 11.5 percent from August 2010 to 48,752. The inventory of single-family homes was reduced to 7.1 months compared to 7.8 months one year earlier. That means it would take 7.1 months to sell all the single-family homes on the market based on sales activity over the past year. The figure is significantly better than the national inventory of single-family homes of 9.4 months reported by the National Association of REALTORS® (NAR).

CATEGORIES	SEPTEMBER 2010	SEPTEMBER 2011	PERCENT CHANGE
Total property sales	4,720	5,469	15.9%
Total dollar volume	$962,851,241	$1,117,023,816	16.0%
Total active listings	54,027	47,812	-11.5%
Total pending sales	3,023	3,120	3.2%
Single-family home sales	3,965	4,635	16.9%
Single-family average sales price	$212,581	$213,334	0.4%
Single-family median sales price	$155,000	$157,500	1.6%
Months inventory*	7.7	6.8	-11.0%

Single-Family Homes Update

September sales of single-family homes in Houston totaled 4,635, up 16.9 percent from September 2010. This marks the fifth increase of the year following an 8.5 percent gain in January, 1.3 percent rise in June, and 15.2 and 28.3 percent increases in July and August, respectively. On a year-to-date basis, sales are ahead 3.2 percent.

Broken out by segment, September sales of homes priced below $80,000 rose 11.4 percent; sales of homes in the $80,000-$150,000 range climbed 21.8 percent; sales of homes between $150,000 and $250,000 were up 18.7 percent; sales of homes ranging from $250,000-$500,000 jumped 26.8 percent; and sales of homes that make up the luxury market—priced from $500,000 and up—advanced 2.3 percent.

Both average and median price achieved the highest levels ever for a September in Houston. At $213,334, the average price of single-family homes rose 0.4 percent compared to last September. At $157,500, the median sales price for single-family homes edged up 1.6 percent versus September 2010. The national single-family median price reported by NAR is $168,300, illustrating the continued higher value and lower cost of living available to consumers in Houston.

HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In September 2011, existing home sales totaled 3,880, a 20.0 percent hike from September 2010. The average sales price ticked up 0.4 percent to $201,836 compared to last year and the median sales price of $145,000 reflects an increase of 2.1 percent.

Townhouse/Condominium Update

The number of townhouses and condominiums that sold in September jumped 14.0 percent compared to one year earlier, marking the fourth monthly sales increase of the year. The first was a 14.7 percent rise in January, followed by a 25.3 percent increase in June and 19.2 percent gain in August. In the greater Houston area, 383 units were sold last month versus 336 properties in September 2010.

The average price slid 0.9 percent to $152,275 from September 2010 to September 2011. The median price of a townhouse/condominium edged up 0.9 percent to $115,000.

Lease Property Update

September saw continued elevated demand for lease properties throughout the Houston market. Single-family home rentals rose 17.4 percent compared to one year earlier and year-over-year townhouse/condominium rentals jumped 30.0 percent. HAR has reported for several months that this demand has been largely fueled by steady improvement in local employment numbers, with REALTORS® observing a surge in consumers relocating to Houston from around the U.S. The Texas Workforce Commission recently reported that the Greater Houston area gained 65,000 jobs from August 2010 to August 2011, a 2.6 percent increase.

Houston Real Estate Milestones in September

Volume of single-family home sales rose for the fifth time in 2011, following increases in January, June, July and August;
Volume of townhouse/condominium sales rose for the fourth time in 2011;
At $213,334, the average price of a single-family home reached the highest level for a September in Houston;
At 157,500, the median price of a single-family home reached the highest level for a September in Houston;
Single-family home rentals rose 17.4 percent;
Townhouse/condominium rentals increased 30.0 percent;
6.8 months inventory of single-family homes is the lowest level since May 2010 and compares favorably to the national average of 8.5 months.

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

Houston Buyer's Agent

Friendswood Homes For Sale

Clear Lake Texas Real Estate

League City Homes For Sale

Search Houston Homes For Sale

Call for a consultation 800-301-9122

email info@TexasHomeBuy.net

HOUSTON PEARLAND MARKET REPORT AUGUST 2011

Tue, 27 Sep 2011 09:56:38 -0700

MLS Report for August 2011

TEMPERATURES AND THE HOUSTON REAL ESTATE MARKET SIZZLE IN AUGUST

The third consecutive monthly home sales increase appears more dramatic because of the lingering effects of the 2010 tax credit

HOUSTON — (September 20, 2011) — The mercury wasn't the only thing that soared in the month of August in Houston. Single-family home sales shot up more than 30 percent when compared to August of last year. However, as has been the case for the past several months, the rosy performance took on added luster as a result of last year's third quarter slowdown in home sales following expiration of the 2010 tax credit. That credit pushed local real estate transactions that otherwise might have taken place later in the year into the first two quarters of 2010. August marked the third consecutive month of increased sales and the fourth time in 2011 that sales volume entered positive territory.

According to the latest monthly data prepared by the Houston Association of REALTORS® (HAR), August sales of single-family homes climbed 30.2 percent versus one year earlier. This increase follows home sales gains recorded in January, June and July of this year. All segments of the housing market, from the sub-$80,000 to the $500,000 and above, experienced positive sales in August. On a year-to-date basis, sales rose 1.8 percent. Compared to August of 2009, a year with no unusual market influences such as Hurricane Ike in 2008 and the 2010 tax credit, single-family home sales were up 10.4 percent.

"The Houston real estate market's vital signs appear to be quite healthy as we move from the summer buying season into the fall, but we must remain mindful that we are still comparing 2011 home sales to that period last year when transactions slowed dramatically after the tax credit expired," said Carlos P. Bujosa, HAR chairman and VP at Transwestern. "It is encouraging to see how well the August numbers stack up against August of 2009, which was the last 'normal' year for our housing market."

The average price of a single-family home rose 0.7 percent from August 2010 to $217,047, the second highest level for an August in Houston. The August single-family home median price—the figure at which half of the homes sold for more and half sold for less—was statistically flat at $159,000.

Foreclosure property sales reported in the Multiple Listing Service (MLS) increased 26.2 percent in August compared to one year earlier, suggesting added interest in investment-related home buying. Foreclosures comprised 19.8 percent of all property sales, which is consistent with the levels it has maintained since May. The median price of August foreclosures declined 5.4 percent to $80,375 on a year-over-year basis.

August sales of all property types in Houston totaled 6,524, up 29.0 percent compared to August 2010. Total dollar volume for properties sold during the month soared 29.4 percent to $1.34 billion versus $1.03 billion one year earlier.

August Monthly Market Comparison

The month of August brought Houston's overall housing market positive results when all sales categories are compared to August of 2010. However, as HAR has noted for the past several months, sales volume gains were distorted by the 2010 tax credit that resulted in a decline in home sales following its expiration. Total property sales and total dollar volume rose on a year-over-year basis. The average price rose while the median price held steady.

Month-end pending sales for August totaled 3,970, up 21.0 percent from last year. The rate is slightly above levels typically observed during the late summer home sales period, continuing to reflect the rapid pace at which 2010 sales went under contract prior the tax credit closing deadline.

CATEGORIES	AUGUST 2010	AUGUST 2011	PERCENT CHANGE
Total property sales	5,058	6,524	29.0%
Total dollar volume	$1,039,737,400	$1,345,502,442	29.4%
Total active listings	55,079	48,752	-11.5%
Total pending sales	3,281	3,970	21.0%
Single-family home sales	4,257	5,543	30.2%
Single-family average sales price	$215,506	$217,047	0.7%
Single-family median sales price	$158,500	$159,000	0.3%
Months inventory*	7.8	7.1	-8.7%

Single-Family Homes Update

August sales of single-family homes in Houston totaled 5,543, up 30.2 percent from August 2010. This marks the fourth increase of the year after an 8.4 percent gain in January, and 1.1 percent and 14.9 percent increases in June and July, respectively. The August number represents the second highest sales volume month of the year. June was higher with 5,601 homes sold.

On a year-to-date basis, sales are ahead 1.8 percent. When compared to August of 2009, a year in which there were no unusual real estate market effects such as Hurricane Ike in 2008 and the 2010 home buyer tax credit, single-family home sales were up 10.4 percent.

Broken out by segment, August sales of homes priced below $80,000 skyrocketed 45.4 percent; sales of homes in the $80,000-$150,000 range climbed 26.2 percent; sales of homes between $150,000 and $250,000 increased 35.8 percent; sales of homes ranging from $250,000-$500,000 advanced 32.5 percent; and sales of homes that make up the luxury market—priced from $500,000 and up—jumped 22.4 percent.

The average price achieved the second highest level for an August in Houston. At $217,047, the average price of single-family homes rose 0.7 percent compared to last August. The highest August level historically was $222,638 in 2008.

At $159,000, the median sales price for single-family homes was statistically flat versus August 2010 and down fractionally from June and July's $160,000 level, which was the highest median price of 2011 and the highest level in two years. The national single-family median price reported by NAR is $174,000, illustrating the continued higher value and lower cost of living available to consumers in Houston.

HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In August 2011, existing home sales totaled 4,720, a 34.4 percent hike from August 2010. The average sales price climbed 1.4 percent to $206,478 compared to last year and the median sales price of $149,000 reflects an increase of 1.0 percent.

Townhouse/Condominium Update

The number of townhouses and condominiums that sold in August jumped 19.5 percent compared to one year earlier, marking the third sales increase of the year. The first was a 14.7 percent rise in January, followed by a 25.3 percent increase in June. In the greater Houston area, 460 units were sold last month versus 385 properties in August 2010.

The average price rose 3.0 percent to $156,522 from August 2010 to August 2011. The median price of a townhouse/condominium dipped 0.8 percent to $120,000.

Lease Property Update

High demand for lease properties persisted throughout the Houston market in the month of August. Single-family home rentals jumped 21.8 percent compared to one year earlier and year-over-year townhouse/condominium rentals rose 23.1 percent. HAR has reported for several months that this demand has been largely driven by steady improvement in local employment numbers, with REALTORS® observing a surge in consumers relocating to Houston from around the U.S.

Houston Real Estate Milestones in August

Volume of single-family home sales rose for the fourth time in 2011, following increases in January, June and July;
Volume of townhouse/condominium sales rose for the third time in 2011;
At $217,047, the average price of a single-family home reached the second highest level for an August in Houston;
Single-family home rentals rose 21.8 percent;
Townhouse/condominium rentals increased 23.1 percent;
7.1 months inventory of single-family homes compares favorably to the national average of 9.4 months.

The computerized Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by REALTORS® throughout Harris, Fort Bend and Montgomery counties, as well as parts of Brazoria, Galveston, Waller and Wharton counties. Residential home sales statistics as well as listing information for more than 50,000 properties may be found on the Internet at http://www.har.com.

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

Founded in 1918, the Houston Association of REALTORS® (HAR) is a member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of REALTORS® in the United States.

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Houston Pearland Real Estate Market Report June 2011

Tue, 27 Sep 2011 09:54:58 -0700

MLS Report for June 2011

HOUSTON HOME PRICES REACH A RECORD HIGH IN JUNE

Home sales increase for the second time this year

HOUSTON — (July 19, 2011) — Houston home sales rose for the second time this year in June, with the average price reaching an all-time high and the median price achieving the highest level in nearly two years. The sales increase reflects the slowdown in home purchases that set in a year ago following expiration of the home buyer tax credit. The credit triggered a surge in home buying during the spring of 2010 that resulted in slower sales volume during the remainder of that year.

According to the latest monthly data compiled by the Houston Association of REALTORS® (HAR), June sales of single-family homes edged up 0.6 percent versus one year earlier. That represents the first increase since January when sales volume rose 8.4 percent. The under-$80,000 segment of the market as well as homes priced from $250,000 and above experienced increased sales while the popular middle range, consisting of homes priced between $80,000 and $250,000, saw declines. Compared to June of 2009, a year with no unusual market factors such as Hurricane Ike in 2008 and the 2010 tax credit, single-family home sales were up 2.7 percent.

"We see the effects of the 2010 tax credit in the June Houston real estate market report in the form of a drop-off in sales that took place a year ago once the credit expired," said Carlos P. Bujosa, HAR chairman and VP at Transwestern. "We expect these credit-skewed readings to taper soon, providing us with a more accurate gauge of market performance, but in the meantime, we are thrilled to see sustained home price appreciation."

The average price of a single-family home rose 3.7 percent from June 2010 to a record high of $228,650. The June single-family home median price—the figure at which half of the homes sold for more and half sold for less—increased 2.2 percent year-over-year to $161,000. That is the highest median price since July 2009. Foreclosure property sales reported in the Multiple Listing Service (MLS) decreased 3.2 percent in June compared to one year earlier.

Foreclosures comprised 18.7 percent of all property sales, down from 19.8 percent in May, 22.0 percent in April and 23.5 percent in March. The median price of June foreclosures declined 7.5 percent to $81,000 on a year-over-year basis.

June sales of all property types in Houston totaled 6,520, down 0.2 percent compared to June 2010. Total dollar volume for properties sold during the month increased 3.3 percent to $1.43 billion versus $1.38 billion one year earlier.

June Monthly Market Comparison

The month of June brought Houston's overall housing market largely positive results when all sales categories are compared to June of 2010. However sales volume gains for the month were skewed by the 2010 tax credit that affected a decline in home sales one year ago after it expired. Total property sales declined fractionally while total dollar volume rose on a year-over-year basis. The average price reached a record high while the median price recorded its highest level since July 2009.

Month-end pending sales for June totaled 3,872, up 18.3 percent from last year. While not as high as the 35.4 percent increase recorded in May, the rate is considered higher than what is typically seen this time of year and is considered an ongoing reflection of the rapid pace at which 2010 sales went under contract in advance of the tax credit closing deadline.

The number of available properties, or active listings, at the end of June dipped 4.8 percent from June 2010 to 51,342. The inventory of single-family homes rose to 7.9 months compared to 7.3 months one year earlier. That means that it would take 7.9 months to sell all the single-family homes on the market based on sales activity over the past year. The figure still compares favorably to the national inventory of single-family homes of 9.3 months reported by the National Association of REALTORS® (NAR).

CATEGORIES	JUNE 2010	JUNE 2011	PERCENT CHANGE
Total property sales	6,535	6,520	-0.2%
Total dollar volume	$1,388,322,118	$1,433,552,584	3.3%
Total active listings	53,934	51,342	-4.8%
Total pending sales	3,272	3,872	18.3%
Single-family home sales	5,540	5,571	0.6%
Single-family average sales price	$220,427	$228,650	3.7%
Single-family median sales price	$157,500	$161,000	2.2%
Months inventory*	7.3	7.9	8.3%

Single-Family Homes Update

June sales of single-family homes in Houston totaled 5,571, up 0.6 percent from June 2010. This marks the first increase since January when sales volume rose 8.4 percent. The June number represents the greatest monthly volume of single-family homes recorded in Houston since May 2010.

When compared to June of 2009, a year in which there were no unusual real estate market influences such as Hurricane Ike in 2008 and the home buyer tax credit in 2010, single-family home sales were up 2.7 percent. On a year-to-date basis, sales are down 5.4 percent.

Broken out by segment, June sales of homes priced below $80,000 climbed 19.8 percent; sales of homes in the $80,000-$150,000 range dropped 11.6 percent; sales of homes between $150,000 and $250,000 dipped 0.7 percent; sales of homes ranging from $250,000-$500,000 rose 3.8 percent; and sales of homes that make up the luxury market—priced from $500,000 and up—increased 1.5 percent.

The average price achieved the highest level of all time in Houston while the median price reached the highest level since July 2009. At $228,650, the average price of single-family homes edged up 0.6 percent in June compared to one year earlier. At $161,000, the median sales price for single-family homes increased 2.2 percent versus June 2010. The national single-family median price reported by NAR is $166,700, illustrating the continued higher value and lower cost of living available to consumers in Houston.

HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In June 2011, existing home sales totaled 4,811, a 4.7 percent increase from June 2010. The average sales price climbed 5.2 percent to $219,000 compared to last year and the median sales price of $152,000 rose 3.5 percent.

Townhouse/Condominium Update

The number of townhouses and condominiums that sold in June declined 8.6 percent compared to one year earlier. That became the fifth straight monthly sales decline for this housing type following a 14.7 percent hike in January. In the greater Houston area, 470 units were sold last month versus 514 properties in June 2010.

The average price climbed 9.2 percent to $175,958 from June 2010 to June 2011. The median price of a townhouse/condominium declined 6.0 percent to $126,500.

Lease Property Update

Demand for single-family home rentals continued to soar in the month of June, rising 19.2 percent compared to one year earlier. Year-over-year townhouse/condominium rentals jumped 19.5 percent. This demand has been largely driven by Houston's steadily improving employment landscape which has drawn consumers from around the country. According to the Federal Reserve Bank of Dallas' latest economic update for Houston, nonfarm payroll employment grew at an annualized rate of more than 3.2 percent in May to more than 2.57 million jobs. This brings the number of jobs added since the trough of Houston's business cycle to more than 81,600. Year-to-date, the average annualized monthly growth rate was 3.3 percent. Should that pace continue in the second half of 2011, Houston will have added nearly 84,000 jobs this year. The unemployment rate improved slightly to 8.4 percent, while the U.S. clocked in at 9.2 percent.

Houston Real Estate Milestones in June

Volume of single-family home sales rose for the second time in 2011;
Sales of 5,571 single-family homes represents the highest monthly volume recorded since May 2010;
At $228,650, the average price of a single-family home reached the highest level of all time;
At $161,000, the median price of a single-family home reached the highest level since July 2009;
Single-family home rentals rose 19.2 percent;
Townhouse/condominium rentals increased 19.5 percent;
7.9 months inventory of single-family homes compares favorably to the national average of 9.3 months.

The computerized Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 26,000 REALTORS® throughout Harris, Fort Bend and Montgomery counties, as well as parts of Brazoria, Galveston, Waller and Wharton counties. Residential home sales statistics as well as listing information for more than 50,000 properties may be found on the Internet at http://www.har.com.

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

Founded in 1918, the Houston Association of REALTORS® (HAR) is a 26,000-member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of REALTORS® in the United States.

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

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Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

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PEARLAND REAL ESTATE AGENT REVIEWS

Tue, 20 Sep 2011 08:45:13 -0700

We are happy to announce another great review by one of our wonderful clients !

My wife and I knew we wanted to live in the community of Friendswood because of its slower pace and exemplary schools - we just weren’t sure in what area. We contacted James, and from our first meeting, we respected his punctuality, knowledge of the area, and professionalism. Through the next couple of weeks he toured us through every area of the town and sent us updates that met our search criteria. He crawled through attics, looked at foundations, and brought to our attention items buyers wouldn’t normally notice. At that point we switched our focus and decided to build. He jumped on board, with no pressure to buy pre-owned and assisted us through the building process. Complete with a 3 phase inspection from an excellent team he recommended, we were able to keep the builder honest and on schedule. With his help, we were able to build the home of our dreams.

Troy and Kristin Davis

Read Our Client Testimonies

Contact us today for your informative home buying consultation

800-301-9122

Our Services are always FREE to our clients.

Representation - Not Sales

Highly trained in residential home construction and negotiating on behalf of the buyer.

For more information visit our websites

Pearland Homes For Sale

Houston Buyer's Agent

Friendswood Homes For Sale

Clear Lake Texas Real Estate