Katy Area Information
I’ve got some bad news for you. Home values in Houston were down slightly in March 2011, falling .2% from February 2011. That’s the bad news, and that’s all I can give you that will keep the “glass half empty” persuasion satisfied. Now…how about some good news?
Changes in the Annual Mortgage Insurance Premiums are set to take affect on April 18th. While it isn't exactly earth shattering in terms of planning for potential home buyers, it does change a borrower's bottom line and, as you can imagine, it will cost you a little bit more.
January brought cold temperatures to the Houston area, but that didn’t stop the Houston housing market from heating up. January saw increases in both sales volume and average prices, with the average price of single-family homes reaching the highest level ever for a January in Houston.
January 26, 2011
This month's featured business offers American food with a Mediterranean flair...it's the Red Oak Grill.
October 28, 2010
If you’re looking for something to do in Katy on Saturday, October 30, 2010 then you might want to check out the Katy heritage Festival. The festival will be held at Katy City Park, located at the corner of Ave. D and Franz, from 10:00am – 4:00pm. There will be plenty of food and fun to go around and best of all….its FREE!
September brought more mixed signals, with home sales declining and inventory rising. One would think that this would indicate that values would also be declining; however that was not the case. The average sales price for single family homes rose to $215,250, a 5% increase over September 2009.
Much of the decline in sales volume can be attributed to the end of the home buyer tax credit. Many buyers that would have normally purchased later in the year made their purchases early in order to qualify for the credit, leaving fewer active buyers in later quarters of the year.
All information in this site is deemed reliable but is not guaranteed and is subject to change.
The information herein is furnished by the owner to the best of his knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for correctness thereof. The offering is made subject to errors, omissions, change of price, prior sale or withdrawal without notice. In accordance with the law, this property is offered without regard to race, creed, national origin, disability or gender.