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Houston, TX Real Estate News

By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Luxury Condos Coming to Rice Village: The ChaucerRice Village is getting a brand new luxury condo development! The Chaucer, planned by Randall Davis Co., will be a 12-story mid-rise with only 29 residences, offering an exclusive feel. Prices will start at a cool $1.5 million and go up to a whopping $4.5 million.Construction is expected to begin in September 2023 and be completed within two years. The development will take shape at 2360 Rice Blvd., right next to Hungry's restaurant. This prime location puts residents within easy reach of Rice Village, the Medical Center, Southampton, and West University.Designed for a walkable lifestyle, The Chaucer will appeal to a variety of residents. From busy medical professionals to those looking to downsize from a large home to a lock-and-leave op...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Historic Structures Are Getting New Life Houston used to favor demolition for old buildings, but a shift is happening! Historic structures are getting new life through adaptive reuse.The Astrodome may be a rodeo storage unit, but it's still standing. The River Oaks Theatre dodged demolition threats. Project Row Houses has a long history of transforming homes into art. Even more adaptive reuse projects are on the horizon: Sugar Land's historic Imperial Char House will become a mix of offices, stores, and restaurants.                    Katy is exploring ways to turn its rice dryers into an entertainment district. One rice dryer, JV Cardiff and Sons, is already being converted into a mixed-use space with a beer garden. On Harrisburg Street in Houston's East End, warehouses are being renov...
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By Pippa Mac, The Woodlands TX Real Estate
(Chevaux Group Realtor, The Woodlands and Spring)
This stunning patio home was a diamond in the rough!   It had it all .. a great location in the Champions Area of Houston, Texas and a good structure to work with.  All that was needed for the remodel was a creative vision! This house was purchased to flip and SOLD 19 days after it was listed.   This room already had elaborate crown molding, European Stone was added to the fireplace.  The Dining Room:   The Kitchen had a great floor plan, it just needed updates such as granite countertops, stone backsplash, texture and paint.   The master bedroom had these wonderful high ceilings, you just couldn't see them with all of the white paint.  The decorator paint color helped this room come alive! The Master Bath:   Here are some other Fabulous BEFORE & AFTER photo's: House Flip sells in 21 da...
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By Cindy Bryant, "Houston Home Staging Pros"
(Redesign Etc. Home Staging)
The Texas Dragon Boat Association will be holding it's 5th Annual Gulf Coast International Regattta on October 18th & 19th, 2008 at Pasadena Lake, Clear Lake Park from 8:30am to 4:30pm. A Friday evening reception will start at the NASA Hilton.  The race will feature dragon boaat competitions, cross cultural performances, Kids Zone, and other food and retail vendors. For team sponsorships and Regatta information, visit www.texdasdragonboat.com  
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By Pippa Mac, The Woodlands TX Real Estate
(Chevaux Group Realtor, The Woodlands and Spring)
Here is a foreclosure house that was purchased to flip. It was originally listed at $354,900, it was for sale 223 days, the price was slowly reduced and eventually it sold for $225,000. This had some of the key things to look for when purchasing to re-sale a home. No expenses were spared on this complete remodel. #1 Location! #2 Unique feature, such as the highly sought after Antique Chicago Brick     #3 The bare bones of the kitchen were fabulous with the Antique Chicago Brick alcove.  New appliances, countertops, backsplash, cabinets repainted, hardware, lighting and floors were all added.   #4 A great open floor plan with the kitchen and den together   Breakfast Room:      Dining Room: Formal Living Room: #5 His and Hers Master Bathrooms      #6 Large Bedrooms with lots of closet spa...
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By Stephanie Edwards-Musa, knitwit at thred UP
(thredUP.com)
I love hearing about Fun Green things to do in Houston and was so excited when Elizabeth Cencini emailed a while back about a New Art Gallery opening up in town.  It's called Green House Gallery.  Her email was so amazing and I heard true passion and dedication in the words. Elizabeth mentioned that the artists wanted to have a place to showcase paintings and art that revolve around a diverse group of Green Topics as well as it being a place that is welcome to everyone and anyone that would like to learn more about how to help the enviroment, have a place to go visit and hang out as well as have a place that could be used for get togethers and fund raisers that is Green. " The Green House Gallery is a dynamic new artists’ collective, offering beautifully diverse paintings, hand made cer...
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By Pippa Mac, The Woodlands TX Real Estate
(Chevaux Group Realtor, The Woodlands and Spring)
These photo's say it all ... This ranch style 1977 home, was a foreclosure in Houston, TX and sold for $80,000.  These AMAZING photo's are 2 months later! Landscaping, power washing and a new front door give this house a new fresh look.   Yes, this is the same kitchen!   All new flooring throughout the house.  A complete new kitchen was installed!     Everything inside the house was painted.  New light fixtures installed. Granite countertops, new lighting and new toilets were added to the baths. I enjoy seeing someone's artistic abilities at work.  This lady loves doing this and I always anticipate her newest creation! House Flip sells in 21 days! ~ Before & AFTER photo's!!!!!!! Celebrity Home is Painted & Staged for 90k Profit ~ Before & AFTER photo's! Its AMAZING what a difference Pai...
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By Steven Teoh, Los Angeles South Bay, Palos Verdes
(West Shores Realty)
Bayou Lofts 915 Franklin (Map) Price: $159K to $600K Bayou Lofts is just walking distance to the light rail system, the Houston Theatre District, sports arenas and the many restaurants and unique eateries. Capital Lofts 711 Main St. (Map) $220K to $1.2 million This building was gutted and upgraded to include two new elevator cabs, a granite and glass curtain wall on the front elevation, and new windows throughout. Franklin Lofts 201 Main St. (Map) Price: $199K to $700K Located in the Historic District are the Franklin Lofts. Hermann Lofts 204 Travis St.(Map) Houston, TX 77002 Priced: $150's to $400's This building was constructed in the early 1900s Keystone Lofts 1120 Texas Ave (Map) Price: $259K to $475K In 1998 the Keystone renovation was complete and the building was renamed to "Key...
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By Steven Teoh, Los Angeles South Bay, Palos Verdes
(West Shores Realty)
Commerce Towers - Houston Luxury High Rise Condo for Sale 914 Main St. (Map ) HOUSTON, TX 77002 Area: Downtown, Skyline District Price Range: $300K to $1.3 million Number of Units 122 Number of Floors 25 Number of Penthouses 0 Year Built 2004/Builder Valet Parking Yes Tennis Courts No Concierge Yes (24/7) Dry Cleaning Pickup Yes Pool Yes Outdoor Hot Tub No Indoor Jacuzzi Yes Sauna No Guest Room No Fitness Room Yes Laundry Room No Storage Space Yes Party Room Yes Management: Tarantino Properties (713) 650-3905 Commerce Towers luxury high-rise homes, Houston's premier residential location. Five-Star services and amenities. Direct tunnel and light rail access. Close walking distance to; theater district sporting venues, shopping and dining. Commerce Towers award winning design/construction...
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By Danielle Childers
(Capital Trust Realty)
I'm a young agent in Houston, and being young may have a few disadvantages, but I think my technological savyness is an absolute advantage. However, are all of my gadgets and new age ideas too much for the average consumer?? I would never sacrifice "old-fashioned service" Nothing beats a hand written note over an email, even in 2008. Yet, is making myself that available at all times to whomever finds me on a search engine, taking away from my services that could be called Personable??I claim to be a New Age Agent... but with this comes the territory of New Age Clients. I want to be able to show my clients new technology and how it can improve our relationship and make things run smoother, But I don't want to push away people who just want good ole me and nothing else. I guess the point ...
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By Greg Nino, Houston, Texas
(RE/MAX Compass)
                                             I'm all for unique marketing & not much else. Be different. Be unusual, interesting & drive interest to your listings. Give a buyer a compelling reason to dig deeper. Be descriptive and use more effort!  I was cruising through our local mls today to find myself another investment property and I noticed some of the same boring phrases.... Soaring Ceilings Great Floor Plan Shows Like a Model Stunning Light & Bright Look, Soaring ceilings are thirteen, fourteen feet or higher. 10 foot ceilings Are VERY normal in newer homes. Great Floor Plan  Really? That's what every single listing in the neighborhood says! All bedrooms up with no formal is not a "Great" floor plan. Shows Like a Model. I doubt it. Models have furniture. Please don't use this ph...
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By Jorge Verar, Commercial Real Estate Broker
(Coldwell Banker Commercial SouthWest)
Houston Area Home Prices Soar In July As Property Sales Record Another Monthly Drop - The average price of a single-family home sees its biggest increase in more than two years; median single-family home pricing hits a record high.  This is what HAR announce today.. “As we approach the one-year mark from when property sales began to slow, we continue to note positive signs in the form of strong pricing and stabilizing inventory,” said Michael Levitin, HAR chairman and principal of HTownRealty.com. “Consumers from across the country and around the world are setting their sights on Houston, Texas as an extremely desirable place to buy a home during these challenging economic times.” At $226,072, the average sales price for single-family homes reached the second highest level on record in ...
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By Kenzie Bond, REALTOR®, e-Pro serving Brazoria County
(RE/MAX First Team II)
As reported by the Houston Association of REALTORS® July 2008 Sales Houston Area Home Prices Soar In July As Property Sales Record Another Monthly Drop The average price of a single-family home sees its biggest increase in more than two years; median single-family home pricing hits a record high   HOUSTON — (Aug. 19, 2008) — Declining property sales tempered by strong single-family home average and median pricing prevailed across the greater Houston area for the eleventh consecutive month in July, according to statistics released by the Houston Association of REALTORS® (HAR). Sales of single-family homes slid 12.0 percent on a year over year basis – a smaller decline than the market has experienced in the past two months. The average price of a single-family home rose by 8.0 percent in ...
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By Greg Nino, Houston, Texas
(RE/MAX Compass)
Today's Texas home buyers are beginning their search online more than 90% of the time. Our local MLS, www.Har.com hosts more than 95% of all the area listings, almost 45,000 as of August 17, 2008. The MLS certainly has lots of resourceful goodies to help you navigate your way through the area listings, that's for sure. Have you wondered what all the different letters mean for status? A - Active, on the market. OP- Option Pending. A listing that is "under contract" and the buyer & seller have agreed to use the "Termination Option." During this time, (usually 10 days) the buyer will conduct inspections, check for termites and attempt to negotiate all repairs. The buyer also makes the decision whether or not to exercise their right to terminate which would allow the earnest money to be re...
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By Jorge Verar, Commercial Real Estate Broker
(Coldwell Banker Commercial SouthWest)
Travelling to Houston Soon ? Hate having your lunch in an airport - Well soon you will be delighted to visit our airport. Houston will have food from FRESH and FAST to HIGH CUISINE. Catering to the tastes of passengers from around the world, George Bush Intercontinental and William P. Hobby airports are redefining the characteristics of good flavor. Over the course of the next 12 months-plus Houston’s airports will be introducing a variety of new appetizing options for your dining pleasure at the airport. From the healthy and light Colombo Yogurt to the multiethnic breads at Panapolis, travelers will find something for everyone – even the pickiest of connoisseurs. The Houston Airport System (HAS) is embarking on an ambitious plan to renovate and improve the selection of concessions at G...
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By Jorge Verar, Commercial Real Estate Broker
(Coldwell Banker Commercial SouthWest)
Texas is known for having the biggest of the big. In Houston, that includes the airports and their acreage, which can bring in extra revenue. When you think of an airport, you think of airplanes, flight attendants, security lines, maybe some unique shopping opportunities - but, hay? These days big round bales and neatly stacked squares of hay can be seen from the roads at both George Bush Intercontinental Airport (IAH) and Ellington Field (EFD).   It started as part of an employee suggestion program with an idea to use the open land around IAH and EFD to grow and sell hay in order to generate revenue for the Houston Airport System (HAS). The employee who suggested the program is the airport system’s director, Richard Vacar, who also owns horses and knows quite a bit about buying and sel...
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Find Homes For Sale Or Lease Or Buy With Many Options| Houston, Bellaire, Southwest ,Sugar Land, Pearland, Memorial, Uptown, Downtown, Katy, Heights, Galleria, Humble, Kingwood, Atascocita, Huffman, Crosby, Spring, Baytown, Pasadena| Fall Creek, Summerwood, Oaks Of Atascocita, Walden On Lake Houston, Eagle Springs Easy Search Tool To Find Thousands Of Properties For Sale Or For Lease In The Houston & Surrounding Areas. New Listings Added Daily. Foreclosures Included. Click On Link To Begin Search.   http://www.multipleoptions.net/bin/web/real_estate?acnt=AR220228&ZKEY=&action=ACTIVATE_FRAMES&button=&tm=&linkout=http%3A%2F%2Fsearch.har.com%2Fsearchidx%2Fdefault.cfm%3FTID%3D3%26siteType%3DAWS%26cid%3D492775    Contact Sandra Forbes At 713-572-1400 For A Showing Or Email skf123@gmail.com  
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By Mike Wong, Realtor: Commercial, Residential, Leasing, Invest
(Keller Williams Realty Southwest)
Austin based Whole Foods Market Inc. has announced it will trim the number of new stores it will open next year but says Houston plans won't be affected. The Austin-based health foods supermarket chain is planning to develop a 78,000-square-foot store at the southwest corner of Post Oak and San Felipe planned to open in 2010. Citing how its earnings were hampered by the costs associated with its $565 million acquisition of Wild Oats Markets, the slumping economy's effect on sales, the company says it will limit the number of new stores it opens next year to 15 and is suspending its dividend. However this announcement will not impact any of the company's plans in Houston.  
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By Pippa Mac, The Woodlands TX Real Estate
(Chevaux Group Realtor, The Woodlands and Spring)
A $1000 Luxury Martini with a twist! If you think everything in Texas is big and over the top ... this martini will not dissapoint you. The Capital Grille, in Houston, Texas will be offering this high-cost cocktail complete with a white topaz and diamond caviar rope bracelet designed by Steven Lagos. This drink will be offered during the holiday season, from November 24, 2008 - January 3, 2009. 100% of the sales will go to National Charity Share Our Strength. Located at: 5365 Westheimer Road, Houston, Texas  77056 (2 blocks west of the Galleria) (713)623-4600 source: Houston Business Journal
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By Ricky Garcia
(Weichert, Realtor - Cote Group)
June 2008 Sales   Houston Area Home Prices Reach Record Highs In June Despite Another Drop In Sales Soaring average and median prices remain the silver lining of the sales slowdown that began last fall   HOUSTON - (July 15, 2008) - Despite a tenth consecutive monthly decline in sales, the average and median prices of a single-family home in the greater Houston area soared to record highs in June, according to statistics released by the Houston Association of REALTORS® (HAR). Single-family home sales slid 14.7 percent on a year over year basis. However, the number of closed sales was the highest since last August. The average price of a single-family home rose by 4.5 percent last month to $228,448, surpassing the previous high of $218,583 in June 2007. The median price of a single-famil...
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By Jorge Verar, Commercial Real Estate Broker
(Coldwell Banker Commercial SouthWest)
MAPS have been a useful tool the show directions to your listings, Real Etate professionals have become accustom to using google Maps or similar services on their websites to let prospects know where the listings are located. Now a new cool feature called STREET VIEW - a google  latest mapping technology, availalable to individual real estate sites. Not only it shows the location of your listing but it will also feel like you are standing right in front of it. It  also allows you to see 360 degree street side view of any location that has been enhance this way. Check the Google maps for list of cities where street view is now available, they have started with the big cities, chances are if you live aone them you already have Street View. cool thing about is your prospect / clients have ...
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By Shaun Greer, Real Estate Marketing & Real Estate Lead Expert
(Motivated Real Estate Leads.com)
Home prices in Houston Texas have held steady while the rest of the nation is seeing an over 7 percent decrease in home prices. In the 1st quarter of the year Houston Texas saw an increase in home prices of approximately 0.8 percent. The median home price is now 148,400. This is good news if you live in Houston.Although there is good news if you are a home owner in Houston, 0.8 percent is not much of an increase and if you purchased your house at the peak of the real estate market you can be sure that this slight increase has not had much affect in your home value. In fact even with the slight increase in home appreciation there are still many home owners who can not afford their mortgage and are falling into foreclosure.If you are from Houston Texas than you know the hard situation you...
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