Katy Area Information

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Flood Insurance in Houston Just Makes Sense

August 27, 2010

Flood insurance has been a hot topic in real estate this year. I know that most have not heard too much about it. The headlines have all been about the recession, foreclosure rates, plummeting home values, and high unemployment. The National Flood Insurance Program has been allowed to lapse several times this year leaving all Americans in a bind, not just those in a flood zone. We currently are set through September 30, and an extension of the program is likely without a lapse, but there are no guarantees.

Houston and Surrounding Area Market Update July 2010

August 24, 2010


July figures are in and, as expected, the market cooled off considerably.  Home sales in the Houston area suffered a double digit decline in July, with sales of single family homes falling 25.1 percent.  Sales of all property types combined fell 24.4 percent on a year-over-year basis.

Upcoming Katy Area Events

August 22, 2010

 

If you find you’re bored and feel like there’s nothing to do then you are in luck. There’s always a lot going on in the Katy area. Here is a list of just some of the things coming up that can help keep you occupied.

It Is No Wonder Katy Is Doing Well

While we have seen better days, the economy in Katy, and the entire Houston area, has done fairly well compared to the rest of the nation. There are plenty of reasons for our resilience, and one of those is our stable home market. Home construction and home ownership contribute a significant amount to the overall growth and prosperity of the community.

Good News for Katy and West Houston Homebuyers and Homeowners

We have great news for homebuyers and current homeowners. Congress has passed the extension for the Homebuyer Tax Credit, allowing those who had met the previous deadline of April 30 to have more time to close on their home and still qualify for the tax credit. Nothing like waiting until the last minute! Homebuyers will now have until September 30 to close. The flood of contracts near the end of April, coupled with a wave of refinances has swamped an industry that was already working on a skeleton crew.

A Look at the Real Estate Market in June 2010

The Houston real estate market continues to remain strong, thanks in large part to the homebuyer tax credit. While this tax credit has come and gone, we expect the Houston/Katy market to remain strong. There are several factors that lead us to believe that we will continue to see modest growth over the next few months.

Katy Has a New Fresh Produce Market

Jackie and I like to eat fresh, so we tend to make a stop at the grocery store almost every day. Shopping for fresh fruits and vegetables around town is starting to feel a lot like a treasure hunt. It just seems like finding fresh produce at a reasonable price requires hours of research and plenty of luck. Grocers are using the term fresh loosely, items are pricey until they are put on sale, and the produce that is put on sale has been housed to the point that it is sad looking at best.

The Latest Facts and Figures From Your Katy and West Houston REALTOR May 2010

We are committed to providing you with the latest information to keep you informed on the housing market and sales trends. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the MAY-2010 Newsletter Housing Trends eNewsletter:

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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.