houston area market reports: Houston Area Year End 2008 Housing Market Report - 01/23/09 06:36 AM
According to Houston Association of REALTORS® (HAR) For the full-year 2008 Houston housing market, the numbers showed mixed results. There was a 17.3 percent decline in volume of total property sales and total dollar volume tumbled 15.9 percent, which matched the market’s 2005 full-year total dollar volume. However the average sales price for a single family home in 2008 was $208,266, or a 1.0 percent increase on a year-over-year basis, with the median single-family home price of $152,000 flat compared to 2007.
“Lower mortgage rates are a good first step to reviving the real estate market, but many consumers are … (2 comments)

houston area market reports: Houston Real Estate Market report, December 2008 - 01/23/09 03:47 AM
Property sales throughout the greater Houston area ended 2008 as they began, with lower volume following two consecutive record years. Overall property sales fell 16.0 percent last month when compared to December 2007, and sales of single-family homes were down 13.5 percent, according to new monthly data compiled by the Houston Association of REALTORS® (HAR). However, the figures show dramatic improvement from November, when both total property and single-family sales volume declined by more than 30 percent.
The average price of a single-family home in Houston dropped 10.4 percent last month to $192,135 compared to December 2007, but rose 1.0 … (1 comments)

houston area market reports: Houston Area Market Report, October 2008 - 12/07/08 09:28 AM
The Houston housing market continued to feel the effects of the troubled national economy in October and residual business interruptions caused by Hurricane Ike. New monthly data released by the Houston Association of REALTORS®  (HAR) reflects improvement from market performance in September, when Ike derailed thousands of real estate transactions. However, the number of property sales across the greater Houston area declined last month when compared to October 2007, with sales of single-family homes down 20.1 percent.

“Houston remains the envy of real estate professionals around the country, who discussed their sales and pricing concerns with us at this month’s … (0 comments)

houston area market reports: Houston Real Estate Market Report, September 2008 - 10/23/08 07:33 AM
For the thirteenth consecutive month, the Houston Real Estate Market shows a rise in home prices despite a decline in the number of homes sold.
Despite Hurricane Ike's rampage, the month of September brought Houston's overall housing market mixed results when considering all listing categories. Total property sales and total dollar volume fell, however average and median single-family home sales prices continued their steady increase on a year-over-year basis.
"Hurricane Ike effectively shut Houston's real estate business down for half of September," said Michael Levitin, HAR chairman and principal of HTownRealty.com. "Like other businesses, real estate agencies lost anywhere from a … (0 comments)

houston area market reports: Houston Real Estate Market Report, August 2008 - 10/06/08 06:20 AM
For the twelfth consecutive month, the Houston Real Estate Market shows a rise in home prices despite a decline in the number of homes sold. Wondering what your home is worth? Find out here.
Key Points:
The following statistics compare the subject month with the same month of the previous year.
Average single-family home price rose 4.3% for the month from $214,637 to $226,072 Median single-family home price rose 0.6% for the month from $159,000 to $160,000 Total home sales (all property types) fell 20.8% from 8,388 units sold to 6,641 units sold Total sales volume (all property types) fell 16.9% … (0 comments)

 
Jeremy Larkin (Icon Real Estate)

Jeremy Larkin

The Woodlands, TX

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Icon Real Estate

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