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Key Contacts

Director of Strategic Initiatives
Toni Nelson
713.465.6644 Ext. 128
toninelson@garygreene.com

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The Real Estate Center

Houston Real Estate Starts 2010 on an Upward Trend.

 Expanded and Extended 2010 Homebuyer IRS Tax Credit will Boost Houston Sales.

 

Houston real estate sales in December 2009 experienced:

  1. A 2% decline in single-family homes or a total of 4,456 sales.
  2. A 13% increase in dollar volume sales for a total of $976,817,584. Dollar volume was lower than last December yet higher than November’s $899,046,012.
  3. A 15% increase in average sales price which is currently $219,214.
  4. Days on the Market [DOM] – the time it takes on average to sell a single-family home in Houston declined 12% and is currently 83 DOM.
  5. Pending sales dropped 21% for a total of 2,267 contracts written.
  6. Current listings are down 6% for a total single-family listing count of 26,086.                                                                                                                                                                                While most of these statistics look flat in comparison to November 2009, there were two reasons for last November’s real estate rally. Click here for more on the story.....

Houston Hotness Index Reports

Houston Real Estate Hotness Index

The Houston real estate market is so large and complex that we thought we would post how each market area ranks in terms of hotness each month.  Many people ask us how do you explain "hotness" to people? 

A hotness ranking in real estate refers to the number of pending sales [buyer demand] that occurred during a month in relation to its active inventory [homes currently on the market for sale].  These statistics refer to data listed in the Houston Association of Realtors Multiple Listing Service and are fairly representative of each real estate market. Data includes both new and existing homes listed in the system.

Portfolio Magazine, Volume 50

The Fall Edition of Portfolio Magazine, our guide to Fine Homes listed by Prudential Gary Greene Realtors, is now available online at Issuu.com! Browse through some of the finest properties we have to offer. You can also get more detailed information and additional pictures at our Fine Homes page.

Visit us at www.GaryGreene.com and view these as well as 45,000 other properties in the Houston area.

Five Tips for Going Green

Eco-friendly. Carbon footprint. Global warming. Energy-efficient. These catch phrases have become part of our lexicon as we’ve become more aware of our impact on the environment and our role in protecting it. As a homeowner, there are some simple, inexpensive steps you can take to make your home energy-efficient. Get started on the road to being “green” with these five tips:

 Click here for 5 tips


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PrudentialRealEstate.com

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