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Better Homebuying Opportunity in Houston Now Than with Tax Credit
Single-family sales in Houston Buoyed by Tax Credit
Houston single-family home sales in May increased by 19% with 5,693 homes sold. While that is a very healthy increase over May of last year, contracts written tell an even more significant story. There were 2,474 contracts written in May, which is down 20% from last year. This indicates that the 2010 Tax Credit, [eligibility required a fully executed contract in place by April 30th] brought home buying demand forward that may otherwise occur in May and June. Year-to-date, the Houston real estate market is far ahead of last year - the only exception being a 1% decline in contracts written.
Houston – Best Homebuying Opportunity is Now. Click here to read more on the story......
Houston Hotness Index Reports
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 52
The Summer 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. Click on the magazine image above to be taken to the online version.
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
Now the shortest distance between you and home is www.PrudentialRealEstate.com. Click Here
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