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Houston, TX Real Estate News

By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Luxury Condos Coming to Rice Village: The ChaucerRice Village is getting a brand new luxury condo development! The Chaucer, planned by Randall Davis Co., will be a 12-story mid-rise with only 29 residences, offering an exclusive feel. Prices will start at a cool $1.5 million and go up to a whopping $4.5 million.Construction is expected to begin in September 2023 and be completed within two years. The development will take shape at 2360 Rice Blvd., right next to Hungry's restaurant. This prime location puts residents within easy reach of Rice Village, the Medical Center, Southampton, and West University.Designed for a walkable lifestyle, The Chaucer will appeal to a variety of residents. From busy medical professionals to those looking to downsize from a large home to a lock-and-leave op...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Historic Structures Are Getting New Life Houston used to favor demolition for old buildings, but a shift is happening! Historic structures are getting new life through adaptive reuse.The Astrodome may be a rodeo storage unit, but it's still standing. The River Oaks Theatre dodged demolition threats. Project Row Houses has a long history of transforming homes into art. Even more adaptive reuse projects are on the horizon: Sugar Land's historic Imperial Char House will become a mix of offices, stores, and restaurants.                    Katy is exploring ways to turn its rice dryers into an entertainment district. One rice dryer, JV Cardiff and Sons, is already being converted into a mixed-use space with a beer garden. On Harrisburg Street in Houston's East End, warehouses are being renov...
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By Rhonda Meredith
(RE/MAX Top Realty)
 Looking for some Southbelt football? Look no further than the Dobie Longhorns!For decades longhorns have been a symbol of strength and pride, forging a rich history for all Texans. Now, the traditions that have characterized J. Frank Dobie High School and forged a link through the years are being retold in a new facility, for a new generation. The story continues.From the burnt orange brick on the outside of the building, to those same colors combined with black and white in the school's interior, the campus serves as the perfect setting for academic excellence and YOU SHOULD SEE THE FOOTBALL FIELD!Varsity Schedule 2007-2008 S = SCRIMMAGE, D = DISTRICT GAME, HC = HOMECOMING, SN=Senior NightDATEOPPONENTSITETIMESEPT6CLEMENTS (S)NEWCOMB FIELD 7:00SEPT14CLEARBROOK (S) DISTRICT STADIUM7:00S...
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By Rhonda Meredith
(RE/MAX Top Realty)
Flood meeting a success - Southbelt Area residents get behind Corps' planMore than 100 concerned residents attended the Clear Creek drainage improvement meeting on Tuesday, Aug. 21. The discussion included representatives from both the Harris County Flood Control District and the Army Corps of Engineers.Although many in attendance were concerned about their specific needs, the main topic for the evening was the corps' long-range plan to construct a local watershed, an area where all water running off the land drains to a specific location. The proposal, referred to as the National Economic Development (NED) Alternative, would require that all in the area (17 cities and four counties) agree on the project. For the most part, those at the meeting were overwhelmingly in favor of the plan.T...
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By David Slavin, CDPE, ABR, SRES Keller Williams Premier
(Keller Williams Premier)
                               The housing market in the Houston area seems to have held up well... so far!  According to the Houston Association of Realtors (HAR) statistics, sales have come up from the previous couple of months decline.  The inventory entering the market has slowed from its fast pace.  The price segment of the market that is still showing signs of weakness is the $80,000 to $150,000 range.  Most likely, this is a result of the current mortgage climate.  The active listings have increased 9.2% over the same month last year and the median home price has had no significant change during the same time frame.       Existing single-family home sales increased almost 4% from July of 2006.  The homes sold in the month of July of 2007 were on the market an average of 76 days.....
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By Robyn Jones
(Robyn Jones Homes)
As someone whom originally relocated to Houston, Texas with a very helpful Corporate Relocation Package and a very unhelpful Realtor (which is a whole other story), I've been consistently excited and surprised at the beautiful homes in varying price ranges that this city has to offer.  It took me time to sort out a cool-in-town neighborhood from a planned community, and a planned community from a Sub-Division.  But with Houston architecture encompassing styles from retro mid-century homes that make you want to go for a spin in your '57 Chevy, to amazing Traditional Brick homes that beg you to prepare a beautiful pot roast and have the entire family join you around the table, to Beautifully Landscaped Mediterranean Homes that invite you to don a swimsuit and spend the day gazing out at y...
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By Stephanie Edwards-Musa, knitwit at thred UP
(thredUP.com)
For those of you that are visiting or live in Houston, TX and need a place to dine, this is one you need to visit.  Landry's purchased what used to be the Rainbow Lodge at Birdsall and Memorial Dr. and has done an amazing Revamp into a Gorgeous Brenner's Steakhouse.I was lucky enough to preview it and dine there this evening.  The food was amazing, the atmosphere was first class, service was phenomenal and I can't wait to go back.  For those wine connoisseurs you will love this wine list.  It is very extensive and one that I believe Zagat's will love as well.  The setting for the new Brenner's is on Approximately 4 acres of land overlooking Buffalo Bayou.  As soon as you walk up you will be taken away with the gorgeous landscaping and waterfalls.   This location is unique because of the...
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By Ashley Fenner
(Hurley Group - Keller Williams)
Hey folks, I just wanted to tell you guys about some upcoming Open Houses in the Houston area. There are quite a few in the next month (over 100!).Search Har.com for Open Houses in Houston  The Hurley Group 
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By Erion Shehaj, Houston Real Estate Broker
(Signature Real Estate)
By show of hands, when someone mentions HUD Homes, how many people think of something that looks like this: You may be surprised to know that in fact, HUD homes in the Houston Area in this day and age are much different than most stereotype properties that look like teardowns. If you think about it, in order for a property to become a HUD home, it must have had FHA (government guaranteed) financing and its condition had to fulfill FHA guidelines which happen to be very strict. In many cases, you can find two, three, five year old homes in the area that you prefer that look just like any builder home. The difference however, is that these homes come with a much smaller price tag. In addition, you can get benefits from HUD, like help with your closing costs, special discounts if you are a...
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By Stephanie Edwards-Musa, knitwit at thred UP
(thredUP.com)
If you are thinking about buying or building a GREEN Home in Houston, Texas it is important to have the right resources to go to.  Many members of the Greater Houston Builders Association, including myself, are a great place to start. One of the sub-committees of GHBA is the Green Building Initiative.  There will be a link for the Green Building Initiative with loads of information regarding Guidelines. The reason I point out guidelines is for the simple reason that there are many "Shades of Green" when it comes to Green Building.  Below I will have a link for the Booklet of Guidelines. For now, here are some of the areas that are focused on:Site DevelopmentMaterialsEnergyHealthWaterOperations and Homeowner EducationI will be posting on each of these subjects in detail along with a post...
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I'm a homeowner and I'm having an open house tomorrow (Saturday August 4th) from Noon to 2pm.  The home is priced to sell at $115k. It has 3 bedrooms and 2 baths and is 1,667 square feet. I'm also including a new Rainbow swing-set and trampoline. Please stop by if you're in the Alief area (West Belfort & Hwy 59), I'm entertaining all offers. The address is as follows:12035 Plumbrook DriveHouston, TX 77099 MLS# 8576085 For additional details, please visit my posting on HAR:http://search.har.com/engine/dispSearch.cfm?mlnum=8576085&class=1&leadid=6&sTYPE=0&backButton=Y Hope To See You,Roy
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By Erion Shehaj, Houston Real Estate Broker
(Signature Real Estate)
                                                              REO - Bank Foreclosure Report | Week 1 July 2007       Total Properties Sold 117   Average Square Footage 2075   Average Days on Market 76   Min   Sales Price 21,900   Average Sales Price 119,741   Max Sales Price 605,000   Selling Price/Asking Price 0.97   Average Price/SF 58   Max Price/SF 107   Erion Shehaj is the Chief Investment Advisor at Signature Real Estate - Where we practice a conservative approach to real estate investments that is based on thorough research and extensive knowledge of the market. If you are interested in investing in bank foreclosures in the Greater Houston Area, contact us at 713-952-3200 or check out our company website for houston investment properties All Content is property of Bank Foreclosu...
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By Erion Shehaj, Houston Real Estate Broker
(Signature Real Estate)
                                          Bank Foreclosure Report | Week 2 July 2007     Total Properties Sold 194 Average Square Footage 2014 Average Days on Market 68 Min   Sales Price 12,500 Average Sales Price 117,944 Max Sales Price 990,000 Selling Price/Asking Price 0.96 Average Price/SF 59 Max Price/SF 212 The activity in the bank foreclosure market picked up in the second week of July with a total of 194 post foreclosure homes sold (up 40% from Week 1). Days on Market were lower in the second week which indicates faster selling times even though average selling price per square foot went up slightly. Noteworthy Subdivisions and Neighborhoods: Heights, Westhaven Estates, Kelliwood, Memorial Northwest, Olde Oaks, Copperfield Erion Shehaj is the Chief Investment Advisor at Signatu...
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By Erion Shehaj, Houston Real Estate Broker
(Signature Real Estate)
                                           Bank Foreclosure Report | Week 4 July 2007     Total Properties Sold 198 Average Square Footage 2061 Average Days on Market 75 Min   Sales Price 14,500 Average Sales Price 120,928 Max Sales Price 560,000 Selling Price/Asking Price 0.97 Average Price/SF 59 Max Price/SF 108 The activity in the bank foreclosure market cooled off slightly in the fourth week of July with a total of 198 post foreclosure homes sold (down 10% from Week 3). Days on Market were higher in the fourth week which indicates slower selling times and average selling price per square foot went up slightly. Noteworthy Subdivisions and Neighborhoods: Sweetwater, Greatwood, Shadow Grove Estates, Rice Military, Riverstone Ranch, Coles Crossing etc. Erion Shehaj is the Chief Investm...
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By Erion Shehaj, Houston Real Estate Broker
(Signature Real Estate)
                                           Bank Foreclosure Report | Week 3 July 2007     Total Properties Sold 220 Average Square Footage 2023 Average Days on Market 70 Min   Sales Price 17,500 Average Sales Price 117,898 Max Sales Price 930,000 Selling Price/Asking Price 0.97 Average Price/SF 58 Max Price/SF 175 The activity in the bank foreclosure market picked up in the third week of July with a total of 220 post foreclosure homes sold (up 12% from Week 2). Days on Market were higher in the second week which indicates slower selling times and average selling price per square foot went down slightly. Noteworthy Subdivisions and Neighborhoods: Tanglewood, Memorial Forest, Memorial Northwest, Lakes on Eldridge, Bentwater, Gleannloch Farms, Sienna Plantation Erion Shehaj is the Chief I...
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By Billy Gaytan
(Real Estate North Houston,LLC)
Well folks, it's been a roller coaster ride. I'm talking about the first two quarters of the year. It looked like the real estate industry as a whole was taking a nose dive. But, like trends in the stock market, everytime there's a dip, there seems to be a resurrection. Thank God for that. I just could not see myself selling cotton candy at the flea market. For many, the presence of so many foreclosures is a stigma and many consider it to be the worst of times. But, like Charles Dickens commented, it is also the best of times. Never before in history have there been so many foreclosures. It is truly a "Buyers Market". The result?...competition! With whom?...new home sales! Builders all around are slashing their prices to a ridiculous level. I have sold more new homes this year than last...
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By David Slavin, CDPE, ABR, SRES Keller Williams Premier
(Keller Williams Premier)
      Here is your opportunity to attend a hot air balloon festival!  Don't miss it!  If you haven't ever been to a hot air balloon festival then you have to see this!  There will be over 80 giant hot air balloons as well as skydivers, hang gliders and aerial acrobatics all sponsored by RE/MAX.  The RE/MAX Ballunar Liftoff Festival is going to be the summer's greatest outdoor and family educational event.  A great time will be had by all!It will be at the NASA/Johnson Space Center Houston on August 24, 25 & 26.          David Slavin, ABR www.FortBendHomeFinder.com
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By Stephanie Edwards-Musa, knitwit at thred UP
(thredUP.com)
The other day I received an email VIA Active Rain regarding Green Building.  The person was sharing their thoughts on the issue as to what they thought the down side was of Building Green. This was not a hostile e-mail, he was simply sharing his views.I appreciate that.  This is one way how I know what topics need to be discussed.  One of the statements I was quick to disregard at first:"So, I guess one might ask the question:  Why should a house appraise for more because its constructed to the codes? Its required by law!"The more I thought about this, I realized that many consumers would not understand why I disregarded this statement.  There are a couple of misconceptions here.  One big one and that is what I am going to talk about.  I am going to refrain from saying this is true abou...
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By Rhonda Meredith
(RE/MAX Top Realty)
As part of ongoing efforts to better communicate with his constituents, Rep. Nick Lampson hosted Congress at Your Corner at Almeda Mall on Saturday, July 7.The congressman, who represents the 22nd District once served by Tom DeLay, spoke on issues ranging from the war in Iraq to immigration. Many South Belt residents will be glad to know that Lampson vowed to fight to maintain a Texas Air National Guard presence at Ellington Field, citing that recent construction of a joint military reserve base at the site gives him hope that the 2005 Base Realignment and Closure's recommendations will be reconsidered. The controversial BRAC plan essentially removes the 147th Fighter Wing from the base, a decision to which Lampson takes exception. "There needs to be a presence (of aircraft) that can be...
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By Steven Teoh, Los Angeles South Bay, Palos Verdes
(West Shores Realty)
3525 Sage Condominiums3525 Sage Condominiums3525 Sage Condominiums - the Crown Jewel of Galleria Highrise livingAddress: 3525 Sage Houston, TX 77056 (map) Area: Galleria / UptownPriced: from $150's to $600'sYear Built: 1975Number of Floors: 17Number of Penthouse: 4Number of Units: 290Unit Size: 707 - 2,661 sq. ft. NOTICE & DISCLAIMER: Detailed information is furnished by the High-rise Condominiums and HAR.com. Steven Teoh does not independently verify the information.Click here to view properties for SaleFor more information or to schedule a showing of any property Call 281-547-1649 or e-mail: Steven Teoh your Houston Highrises / Lofts expert. Privilege For A FewLook closely as you travel through the heart of Houston’s Galleria district, and you’ll find a place where a privileged few li...
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By Rhonda Meredith
(RE/MAX Top Realty)
Bracewell City LibraryLocated at 10115 Kleckley, Bracewell is adjacent to Almeda Mall. Included in its collection are books-on-tape, compact discs, magazines, large-print books, children's books-on-tape and books in Spanish.The library offers a variety of services including telephone and in-house reference information, a public access catalog and children's storytimes.Bracewell provides an outside bookdrop as well as telephone renewal at 832-393-2580. Self-service facilities available include word-processors and a copy machine. The library catalog is available through .Hours are Monday and Thursday from noon to 8 p.m., Tuesday and Wednesday from 10 a.m. to 6 p.m. and Friday and Saturday from 1 to 6 p.m.For information, call the library at 832-393-2580.Harris County Parker Williams Libra...
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By Rhonda Meredith
(RE/MAX Top Realty)
 Southbelt's Parks & Recreation One of the major attractions of the South Belt-Ellington area is the many, varied recreation areas. The area has two major parks, maintained and constructed by the county, which serve as the north-south bookends to the South Belt area. For information or reservations, call Harris County, Precinct I at 713-440-1587.Beverly Hills Park - PoolBeverly Hills Park, operated by the city of Houston, was built in 1960 and includes 21 acres. This park has a 4,175-square-foot community center, swimming pool, tennis court, multipurpose pavilion, softball field, football/soccer/ rugby field, practice backstop, picnic area, playground and lighted parking lot.Beverly Hills Pool is open to the public at no charge. The park/pool is located at 9800 Kingspoint. For park info...
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