Neighborhood Report: Lakefield in First Colony Sugar Land Texas - 07/31/08 11:33 PM
August 1, 2008
Monday May 12, 2008
Mike's Neighorhood Report for Lakefield (August 2008)
Currently there are 13 homes on the market for August. 3 available 3 option pending 1 pending sales 7 rentals available
7 homes in the neighborhood are available for rent. Average monthly rate is $1,400 for the neighborhood.
Listed price ranges from $126,699 up
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5343 Richmond #26 Remodeled Condo For Sale or Lease - 07/31/08 11:11 PM
5343 Richmond completely remodeled condo unit for sale or lease, unit #26 Featuring 2 bedrooms, 2 bathrooms, a cozy study area, open living room, and rennovated kitchen. The kitchen upgrades feature granite countertops, stainless appliances, upgraded fixtures and lighting. Both of the bathrooms feature luxurious Italian tiles, new cabinets and
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Forbes: Houston commute ranks us 8th costliest city in the US - 07/30/08 06:51 PM
According to a new article from Forbes Magazine, Houston now ranks 8th as one of the costliests cities to live in the US. Commuting costs literrally drove Houston in the top 10 nationally. This is just after an article by Forbes earlier this month that ranks Houston as the best place to buy
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Farewell to United Title of Texas... another one bites the dust - 07/30/08 06:41 PM
As I was sitting in a morning meeting a fellow agent came into the room and announced United Title of Texas closed down immediately today. Actually United Title of Texas has closed all its offices around the state, including six in the Houston area.
United Title is a subsidiary of Mercury Cos.,
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River Star Capital of Houston to spend $150 million in local residential real estate - 07/30/08 12:00 AM
A new Houston alliance River Star Capital a joint venture between Riverway Properties and Starwood Land Ventures plans to invest more than $150 million in local residential land acquisitions over the next 2 years. There are also plans to buy and hold finished homesites, provide equity and loans to other developers
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Sugar Land city council fighting mandatory flood insurance requirments - 07/29/08 11:48 PM
Sugar Land City Council has approved a resolution that encourages members of Congress to change their flood insurance mandate. Ths is an effort to keep higher insurance costs off of Sugar Land home and business owners.
The $45 million the county and levee districts have invested in improvements were designed to exceed FEMA
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Ft Bend gets FEMA time extension on flood data remapping - 07/29/08 11:37 PM
Fort Bend County reps lobbied the Federal Emergency Management Administration for a deadline extension on data that may reduce the need for flood insurance to thousands of Fort Bend County residents.
A meeting in Washington D.C, allowed an agreement to extend a September deadline on the revised mapping that could ensure that Fort Bend residents
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Texas Ranks #1 for Business Climate - 07/29/08 12:00 AM
Dont mind the scorching hot temperatures in Texas. Maybe that is contributing to our latest scorching climate for business which ranks #1 in the nation according to Development Counsellors International.
In a survey of nearly 300 corporate executives across the country, 41 percent declared that Texas has the most favorable business climate. This is a designation the Lone
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A Cool Image Resizing Tool from HAR makes my life easier - 07/27/08 02:59 AM
If you are anything like me, you left your digital camera settings on the default. So you are taking large format image sizes in high resolution. Then when you transfer or upload the large image files onto websites such as the local MLS, forums, or blogs you may get the infamous "little
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CaringRealtors.org needs to especially thank... - 07/25/08 03:48 PM
I just wanted to take a moment to not only thank our sponsors and donors mentioned before for making The Morris Mingle such a great and successful event, but the many others who need to be recognized who worked behind the scenes to make this such a great event.
I
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Caring Realtors Thanks Our Sponsors for The Morris Mingle - 07/24/08 07:22 PM
The Morris Mingle was a successful event with a great turnout this week. First I would really like to thank The Vineyards at Sugar Land Town Center for graciously hosting our event and their wonderful staff for taking care of our guests. Kelly and Mark provided an elegant venue and the perfect
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The Vineyards at Sugar Land Town Center hosts The Morris Mingle caringrealtors.org - 07/23/08 11:50 PM
Here are more photos of the successful event we celebrated at The Vineyard in Sugar Land Town Center. Thanks to them CaringRealtors.org had a beautiful space to host the benefit event. The staff at The Vineyards did an excellent job serving the crowd of hundreds that showed up to support John
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Did you make it to the Morris Mingle? - 07/23/08 11:31 PM
So did you get to join us for The Morris Mingle at The Vineyard in Sugar Land Town Center? It was a spectacular event, with hundreds showing up to support and rally for John Morris a dear friend, inspiration, and mentor to me.
The crowd packed The Vineyard to full capacity
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Please join us at Sugar Land Town Center for The Morris Mingle at The Vineyard - 07/21/08 10:51 PM
The event is finally here! Please come out and join us for The Morris Mingle at Sugar Land Town Center July 22, 2008 from 5:30 to 8pm. The Vineyard is graciously hosting our event to support a Realtor in need. We hope you can come out to enjoy the live band,
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You're Invited: Join us for "The Morris Mingle" with live music, raffle, and wine - 07/20/08 11:28 AM
This is the last week of promotion hoping for a great turn out to support a dear friend and mentor to me: Mr John Morris. John was diagnosed with cancer this year and is courageously fighting it. He has incurred overwhelming hospital and medical expenses, and we are raising funds and support
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Are you nervously watching the Gulf of Mexico again? Hurricane Season is here! - 07/20/08 11:07 AM
Do you remember where you were last season? Were you READY?
I posted a series of blogs back in may in anticipation of the hurricane season which is now upon us. So far we have watched a couple of tropical storms and disturbances develop, and thankfully not come our way. Here
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What's in the air in Fort Bend? - 07/20/08 10:43 AM
The Texas Commission on Environmental Quality has spread out monitoring deveices all over Houston, Galveston, Kingwood and Tomball to track ozone levels in the area. This is how they can issue accurate alerts and forecast when the air becomes a danger.
However there are no such monitoring devices in our Fort Bend County. The
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Texas Real Estate Market Still Outpacing US Trend - 07/18/08 08:44 PM
Texas property markets continue to outpace the nation, but things are likely to cool a bit through next year according to a research economist with Texas A&M University's Real Estate Center: Dr. James Gaines.
Home sales statewide still declined more than 14 percent through May compared with the same period of 2007. With
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Starbucks closing 11 stores in Houston - 07/18/08 08:27 PM
Starbucks Corp. has announed it will close 11 stores in the Houston area as part of a plan to close 600 underperforming outlets around the country. Most of the stores are scheduled to close during the remainder of fiscal year 2008, which ends Sept. 30, and in the first half of fiscal 2009. Did you
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Houston Job Growth 54,100 - 07/18/08 08:20 PM
According to a recent report: Houston employers added 54,100 jobs in the 12 months leading up to June, a 2.1 percent increase hiring over the prior year. While the rest of the country as a whole lost 167,000 jobs, and 15 states saw job declines in May, according to the most recent
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CNBC Ranks Texas #1 for business - 07/16/08 10:14 PM
Everything is bigger in Texas...
According to CNBC's ranking of America's Top States for Doing Business 2008: www.cnbc.com/id/25447829
Dont mess with Texas. The Lone Star State topped last year's leading state Virginia which fell this year to No. 2. Rounding out the top five are Utah, Idaho and Colorado, in that order.
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Houston: $29.9 Billion in exports - 07/16/08 10:03 PM
Houston: $29.9 BILLION in exports for first half of 2007
The Houston, Baytown, Sugar Land area is the nation's second-largest exporting market in the first half of 2007. Exports totaled $29.9 billion worth of goods, according to a new report from the U.S. Department of Commerce. Other Texas cities featured on the list
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The State of Fannie May and Freddie Mac - 07/13/08 05:39 PM
With all the recent headlines about the problems of Fannie Mae and Freddie Mac and their role in the mortgage market, its time to take a look at what it all means for the public.
Fannie Mae was created in 1938 by the government as the Federal National Mortgage Association , while
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Feds plan to overhaul and reign in lending practices - 07/13/08 05:21 PM
The Federal Reserve is working over the weekend to give home buyers more protection from the types of shady lending practices that have contributed to the housing crisis that created the foreclosure mess.
The Federal Reserve is expected to approve a plan Monday that would crack down on dubious lending practices that have hurt many of
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Houston population growth is the highest in the nation - 07/13/08 05:07 PM
According to a new report by the U.S. Census Bureau: More people moved to Houston than to any other large city in the United States in the 12 months up to July last year.
The Bayou City added 38,932 new residents between July 1, 2006, and July 1, 2007, leading the nation
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Texas Students Want the Right to Bear Arms at School - 07/13/08 10:47 AM
College students are part of a record wave of Texans applying for concealed gun licenses this year. Applications for first-time licenses and renewals were up 24 percent during the first five months of 2008 compared with the same period in 2007. Texans won the right to obtain licenses to carry concealed
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M.D. Anderson ranks #1 among cancer hospitals, other Houston hospitals ranked also - 07/12/08 11:49 AM
U.S. News & World Report for the second year in a row has ranked The University of Texas M.D. Anderson Cancer Center is the nation's top cancer treatment hospital.
The magazine's "America's Best Hospitals" issue hits newsstands this weekend. Several Houston medical facilities were ranked, including The Methodist Hospital, which placed
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Increase in Mortgage Applications since June - 07/09/08 10:03 PM
Applications for U.S. home mortgages rose to their highest level since early June as reported by an industry group. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity increased 7.5 percent to 513.4 in the week ended July 4.
The seasonally adjusted index of refinancing applications climbed
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Sugar Land looking to add entertainment venue - 07/08/08 11:35 PM
As discussed by council member Daniel Wong a few months ago Sugar Land is exploring the possibility of an indoor entertainment venue to help it develop as a regional entertainment destination.
The venue would be built in an entertainment district planned for about 1,000 undeveloped acres next to the University of Houston System at
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Travelers Insurance increasing rates for costal homeowners - 07/08/08 11:18 PM
Coastal homeowners insured by Travelers Lloyds of Texas will see a 15 percent rate increase in the fall. Travelers is increasing rates for counties along the coast, such as Galveston County, as well as those once-removed from the coast, such as Harris County. Counties farther inland will not be affected.
The increase
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Caring Realtors Event: To Benefit the John Morris Fund - 07/08/08 08:57 PM
As many know I have been involved in this cause to help a fellow Realtor who is fighting cancer. John is a great friend and mentor to me. One of the reasons why I joined Keller Williams was because of the impression John Morris made on me.
Please join us for
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23% increase in $1 Million luxury home buyers in Houston - 07/07/08 08:39 PM
A growing number of buyers are spending $1 million or far more for a house in the Houston area last year. There were almost 800 buyers who paid at least $1 million for houses in 2007 through transactions handled by agents in places like Stablewood, Memorial and River Oaks. That was up
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Oak Bend Hospital Expansion - 07/07/08 08:25 PM
OakBend Medical Center is developing two new medical office buildings, one on its new hospital campus is under construction in Richmond. Both buildings and the new hospital are scheduled to come online at the end of 2009. OakBend operates a 184-bed facility in Richmond. Oak Bend broke ground this spring on a 17-acre
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Shell Oil to offer 5.5 acres of premium land for sale - 07/07/08 08:13 PM
Shell Oil Company plans to close its 70-year-old Bellaire Technology Center on Bellaire Blvd in the inner-loop which will open up a prime piece of real estate.
The Bellaire Technology Center land is made up of three different parcels located on Bellaire between Stella Link and Buffalo Speedway. They plan to be marketed for
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Emergency! St Joseph HPA Hospital for sale! - 07/07/08 07:54 PM
The fate of St. Joseph was questioned in June when HPA closed its River Oaks Hospital, which had two campuses in southwest Houston. This closure left pratitioners and employees shocked and scrambling for new facilties to continue serving the public. See my previous blog entry for that story.
HPA who operated
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Houston: Target of UBS Wealth Management real estate acquisitions - 07/07/08 07:33 PM
UBS Wealth Management and Thomas Properties Group Inc. have created a joint venture to acquire a new office building in Houston, considered to be a strategic markets for more acquisitions. The partnership will allow the two firms to jointly purchase Class A office properties.
UBS Wealth Management is contributing $250 million to
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Hines Real Estate Investment Trust Public Stock Offering for $3 billion - 07/04/08 12:05 AM
During my time in architecture college, at one point I wanted to be a commercial land developer more than an architectural designer. When asked my ambitions by one of my professors, I explained I wanted to be the next Gerald Hines. He directed me to the Bauer College of Business at UH
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Reverse Mortgages - 07/03/08 11:55 PM
I was recently in a certification course to earn a Realtor designation and another student kept bringing up reverse mortgages for her elderly clients. So I decided to research the topic and share what I learned. The experts reccomend that you ask questions, do the proper homework, and don't get swayed
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