Ron's Lake Conroe Real Estate Blog

Friday quick hits: New one-family housing starts hit an historical low in 2009 of just under 500,000. New home sales were under 400,000 in 2009. This was also a new historical low. Existing home sales rose to almost 5,000,000 in 2009. This it the first annual increase in four years. 30 year fixed...

I often get people asking me how much one late payment damages their credit score. My answer always has been "more than you can imagine". Well last November Fair Isaac Corporation (FICO) released a summary of what they call their "damage point scenarios" and how much those scenarios will damage y...

Here are some quick updates from the world of real estate for this Friday afternoon: FHA upfront mortgage insurance premium will be rising in April meaning you must bring more of your own money to closing. FHA maximum allowable seller contribution will be decreasing in April meaning you must brin...

COME ONE COME ALL!! Open house, Sunday January 24, 2010 3606 Windhill, Montgomery, TX. 77356 Walden on Lake Conroe! Lake Upgrades Galore! Very open 3/2/2 with 3-way fireplace, frieze carpet and much more. Kitchen features stainless appliances, travertine countertops, and site-built cabinets. High...

  Restaurant for sale or lease!! Opportunity of a lifetime!!Lake Conroe real estate. This currently operating restaurant is located on PRIME highway frontage in Montgomery, Texas. The facility is located on 3+ acres with plenty of room for further development of the property. You could add an eve...

LAKE CONROE NEWS FLASH, MONTGOMERY COUNTY, TX. -  Single family residence unit sales, rise versus 2008 for the FOURTH consecutive month.  Average sales prices increase in three out of the county's four MLS areas, AGAIN. MLS areas 39 and 40 single family residence unit sales for 2009 BEAT 2008. Y...

This week one of my home buying clients locked in her interest rate at 5%. She was overjoyed and I was surprised. Why was I surprised? Because I think the days of 5% interest rates are not long for this world. The super low rates we have seen for the past year or so are forecast to shortly be thi...

Here is some information on our city's new Red Light Photo Program. Be careful out there! Red Light Warning - Frequently Asked Questions Why has the City of Conroe implemented a Photo Enforcement Program? According to the Insurance Institute for Highway Safety, nearly 2 million crashes annually o...

I was reading an article this weekend in US News & World report entitled "10 Things to Know About Real Estate in 2010". It was an interesting article. I thought what I would do is list the 10 things the article did and how I think they apply to Montgomery and the Lake Conroe real estate market. A...