Reported by Gayle Daniel, ABR, CRS, GRI, e-PRO 500
Updated July 8, 2009.
Current Market Rating: 3
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Current Price Trend: 3
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Houston, Texas - The fourth largest city in the US. The American Dream of owning a home can easily be realized in the Houston Area. This dream come true can be realized in both NEW and resale homes at affordable prices.
When shopping for homes in the area you will most likely hear the words "master planned community". In the late 1960's developers came up with this concept of communities with strict regulations and deed restrictions. They feature amenities such as plentiful trees and greenbelts, community centers, educational facilities and recreations areas such as pools, ballparks and golf courses. They offer a mix of lush landscaping scenery and modern conveniences with locations near wooded acreage and bodies of water enhanced by abundant schools, shopping centers and restaurants. High rises, town homes, condos, and single family residences are found in most areas.
HISD serves more than 210,000 students in more than 300 schools. In summary, there are 739 elementary, 319 middle, and 211 high schools in the greater Houston area. In total, there are 662 public schools and 332 private schools in the Houston area. (These statistics include schools of all counties and school districts within the greater Houston boundaries).
In the month of May, there were 45,282 active listings in the Houston area, which was down 15.1% versus the same period last year. There were 3,637 pending homes at the end of May, 2009, which was down 24.7% versus the previous year*.
Houston's current median price of $157,450; is 7.27% less than the national median price*.
May Milestones: - At $213,474, the average price of a single-family home reached its highest level since August 2008; - At $157.450, the median price of a single-family home rose to the highest level since August 2008; - Volume of single-family home sales reached the second highest level of 2009; - Volume of townhouse/condominium sales reached the highest level of 2009; - Single-family home rentals rose 0.1 percent while rentals of townhouse and condominium units increased 6.2 percent; - Month's inventory of single-family homes slipped from 6.5 to 6.2 months compared to the national average of 10.2 months; - Active listings fell 15.1 percent representing a generally balanced supply of housing inventory.
The time to buy is NOW. Call GAYLE today for more details 281.207.5052 or gayle@gayledaniel.com.
About Gayle Daniel:
Gayle Daniel RE/MAX Southwest "Making a Difference One House At A Time"
Licensed since 1993, Gayle has helped hundreds of people realize the American dream of owning a home. Gayle's real estate designations include: ABR - Accredited Buyer Representative CRS - Certified Residential Specialist GRI - Graduate of the Realtor Institute LTG - Leadership Training Graduate e-PRO 500 - Internet Professional
So what does all this mean to YOU? * A faster, easier transaction * The most money for your home * Less money out of your pocket
Gayle specializes in the Southwest Houston Area from Katy south thru Sugar Land and west to Pearland. Gayle also specializes in the Lake Conroe area.
Here's what some of her clients have to say about Gayle: "We never could have made this move without Gayle. Her attention to detail made this our smothest move ever."
"Gayle's professionalism and integrity in this transaction saved us time and made us money. Thanks Gayle"
"From our first contact with Gayle we knew we could trust her to sell our home for the most money in the fastest time possible. She did just that"
You deserve the very best - Call GAYLE today 281.207.5052 or gayle@gayledaniel.com
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
