Houston Real Estate

Houston-Houston, how are you doing in the real estate industry?  “I am doing doing pretty good, thank you for asking!”

Well, I would have to agree!  I think we are still doing pretty well compared to the national so-called crisis!  Why are we continually hearing that the real estate market is horrible?

Seems to me the media hype has really scared the customers from buying.  Houses that are well maintained, priced well and are in good neighborhoods seem to be moving.  They are probably sitting a little longer on the market these days, but that’s only because there are more choices out there.  Certainly the country is experiencing a buyers market in most areas and Houston is not immune.  We recieved the same type of mortgages that the rest of the country received.  However, we still have people in the market that are looking to purchase. 

This is because our job market is still strong and the unemployment rate still remains low.  This is probably due to the $100 a barrel of oil that is selling on the market these days.  Since Houston is the headquarters to many of the large oil companies, we can certainly thank them for keeping the real estate market going strong.

Though, my primary focus is on commercial real estate, I pay close attention to the residential market.  One reason is that they go hand-to-hand, and the other is that I invest in single family homes as rental properties.  I must say that the rental demand has gone up, and I have been able to raise my prices on some of my homes because of demand.

So there I go once again giving the world a view of Houston and it’s real estate market as I see it.  I really believe Houston will fair well during the real estate downtime, and I look forward to continuing helping my clients with their real estate needs despite this media driven real estate downtime.  Questions or if you need information on the Houston market, just give me a call and I will be happy to assist you!

So I haven’t posted a blog in over a month.  My appologies to those who sent me a message asking where I was.  For the last month I have been doing a lot of business development activities visiting cities, chamber of commerces and stopping by businesses that are in high-growth areas.

You see, I have been around this business for over seven years in Economic Development on the commercial side, and I have been investing in single-family homes for over three years.  So it feels as though my career has been in Real Estate for a long while now.  Though, it wasn’t until July that I actually went full-time as a real estate professional.

So, I have been out trying to remind those that I have had previous work experience with that I have now switched roles to the real estate side and no longer on the economic developer side.  Of course, I did spend some time in Los Angeles, CA a couple of weeks ago that I will blog on.  Last week I was in Dallas, TX for the holidays visiting family that I will blog on as well.  I haven’t neglected my duties here.  I have some blogs that are unfinished and saved behind the scenes.  They will be coming out this week!  Stay tuned!