Friendswood, Texas continues to be “The Place to Live”.  Named several years in the top 100 places to live in the U.S. by Money Magazine (2009 rank: 32), Folks continue to demand Friendswood because of the extraordinary school district, trees, lot sizes, location, amenities, proximity to infrastructure & overall enjoyability of lifestyle. Also,  I had previously predicted, the Houston Metro real estate market would have a decent 4th quarter = and Friendswood in particular. Friendswood, Texas (SE – between Houston & Galveston) currently has 191 listings for sale in the F.I.S.D.    Of those, 17.3% are pending sale (32 pending).  Whereas
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Houston’s real estate market today presents some very unique opportunities……and some problems, but if you were able to read the market you’re probably doing just fine. Foreclosures, short sales and high inventories are just some of the investor’s delights.  High inventory usually means lower prices.  Couple that with the foreclosures and short sales and there is an assortment of homes from which an investor can choose. That is – If that investor gets there first before the swarm of new “would-be” investors that have sprung up on the market and those “…buy decrepit homes” companies.  For every foreclosure home on
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"Twilight" home for sale in Vancouver
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“Housing Counselors” received more than $400,000,000.00 in federal funds to help against the mortgage crisis. Those counselors help troubled homeowners avoid foreclosure and lower their monthly payments. Borrowers facing foreclosure are 62% more likely to avoid the disaster if they receive counseling. Borrowers who  received some sort of  loan modifications were able to reduce their monthly payments approximately $400 lower than those who did not receive counseling. So far more than three quarters of a millon homeowners have received counseling  which is administered by NeighborWorks America.  The counselors reviewed borrowers’ income and expenses to determine whether they could  afford to
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Home sales increase in the third quarter of 2009, helped in part, by the tax credit.
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Foreclosure Filings were down 3% in October 2009
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Fannie Mae's deed-for-lease program may help distressed homeowners
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Filed Under: Top 10 Real Estate Lists If you are a commercial investor, 2009 hasn’t been your favorite year. The marketplace is tough, the property values are down and rents are atrocious. But there is good news for some of the markets out there. Ooffice space demand has never been higher in Washington DC as government expansion has expanded into every square foot in the city and surrounding areas. Austin is benefiting from those moving from the high tax and nearly bankrupt California, while Boston, New York, and San Francisco maintain their places near the top due to their stature.
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Prudential Gary Greene Realtors ranks # 1 in listings, sales in Houston
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Texas Windstorm Association lawsuit by League City Galveston County resident
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