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Interest rates - Texas veterans - 06/30/08 08:30 AM
Here are this week's interest rates for Texas veterans eligible for loans from the Texas Veterans Land Board. Base rate: 5.95% Discount for 15 year loan or less:<.25%> Disabilities discount: <.35%> Service era discount <1.49%> If you have any questions please send me an email or visit the website shown below. www.texasveterans.com Thanks and have a great day! Ron (1 comments)
May Sales Results - 06/27/08 11:21 AM
Is it to early to say Bah Humbug?? Yes, sales were down again in Montgomery County. The results for May, 2008 versus 2007 and 2006 are shown below. Our year-to-date sales are down almost 19% (gag). Yet even with the decline in sales the average sales price continues to increase. (All Right!) Needless to say it is a unique situation. We appear to be in the exact opposite situation of California where sales increased and prices declined. As you can see all real estate, like politics, is local. If you have any question about what MLS area you are in please send me an email. I (0 comments)
Home repairs! - 06/23/08 05:12 PM
I'm a bachelor and I was really bored this weekend so I decided it was time to do some things around the house. The type things I really don't like to do but know have to be done. The type things we all tend to put off. So before I started this "I don't have a honey, honey-do-list" I did some research and found out what I really needed to do for spring & summer cleanup. So here is what I came up with and what, for the most part, I did and I believe you should also. I don't like (0 comments)
Home Sales - 06/23/08 04:35 PM
How about some quick general market information on Montgomery County. Yep sales were down again in May BUT sales prices increased again. It appears that when we get the final numbers that year over year "average price" gains will be about 7.7%. Still crazy isn't it. Sales are down and prices are still increasing. The "median price" will also have increased about 6.2%. And all of this combined with increasing interest rates.What about foreclosures in Montgomery County? Well we are well behind the rest of the nation which is a good thing. The county foreclosure rate increased only about 14% in (0 comments)
Veteran or Reservist? - LOW LOW interest rates - 06/17/08 04:32 PM
Interest rates have risen over the last month. They were starting to come down a little today but not quickly. Yet there are astoundingly great deals available especially if you are a Texas veteran or let me put it another way if you are a veteran living in Texas. You will be amazed at who is eligible. You may not think you are but you might just be surprised.Every Friday evening I get an update on the interest rates and discounts available through the Texas Veterans Land Board (TVLB). Last Friday's rates were: 6.1% base rate, discount for 15 year or (0 comments)
Texas Home Prices - 06/12/08 01:59 PM
A few blogs back I presented ths sales data for Montgomery County and explained that although sales were down, prices were rising. A few buyers sent me emails saying they couldn't figure that out. Well I can't either but is is true. Let me tell you it is true and it is true for most of the State of Texas. Here are the sales price increase/decrease for April, 2007 versus April, 2008. All data is from the Real Estate Center, Texas A&M University. Amarillo +5.5%, Austin +2.7%, Beaumont +7.6%, Brownsville -19.3%, Bryan-College Station -3.2%, Corpus Christi +13%, Dallas -2.6%, El Paso -1.1%, Fort Worth (0 comments)
2,156sf, 3 bedroom, 2 bath, study, retreat area, built 2006, $179,899 Unrivaled versatility with the retreat area & floor plan this home offers. See feature sheet. With high ceilings, an open floorplan, tile, carpet, metal accented travertine backsplash this home offers elegance in a family friendly home. The island kitchen will serve as the center piece for this entertainment friendly abode. The retreat area would serve a 'working from home couple' great. Perfect home for all! http://search.har.com/engine/doSearch.cfm?QUICKSEARCH=2505%20amy%20lee&FOR_SALE=1 (0 comments)
Houston is #1! - 06/11/08 11:10 AM
You read the title correctly, Houston is #1! Who says? Kiplinger.com has rated Houston #1 in its' 2008 Best Cities ratings. Thank you Kiplinger.com.According to the article Houston created over 100,000 new jobs in 2007. That in itself is amazing. The income growth for the city is 13.1% since 2000. New jobs and more money! What a great combination. I will bet there are not a lot of cities in the US that can claim the same. Do you realize that according to the article our cost-of-living index is an 88.1? With the national average being a rating of 100 we (2 comments)
Open Houses - today's reality - 06/09/08 10:06 AM
Dear Mr. & Mrs. Home Seller, I would like to take a few minutes and tell you what I believe to be today's reality on holding an open house in order to sell your home. I realize you want me to do all that I can to sell your home. Please know that I will do that. But I think both of us want to be efficient in those efforts and holding an open house in today's market is like driving a big SUV - not efficient.In the old days, meaning one year ago, buyers would go to church on Sunday (6 comments)
Average Home Sales Prices - 06/04/08 02:55 PM
I promised last week that we would take look at what home prices are doing in our area during this "catastrophic" real estate market that we are experiencing. I think when you take a look at this data you will come to the conclusion that all is not doom and gloom.The numbers shown below are for the four MLS areas that represent Montgomery County. These numbers show what the average sales was for single family residences sold in April 2008, 2007 and 2006 and amount (in percentage) of that increase or decrease. Take a look and let me know what you (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.