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West Ranch Development - Sales Update / First Quarter 2008
2008-04-07 18:54:38
West Ranch is a new development on the west boundary of Friendswood. Click Here to read detailing information about West Ranch.  Now that more homes are being built the look of the development is taking shape. Many of the spec homes have hard flooring (wood or tile) on the first floor which most buyers now
Read more: Development , Sales , Update , First

Clear Lake Area High Schools in the Top Tier according to Children at Risk
2008-04-01 12:16:37
Children at Risk a non-profit organization who’s goal is to improve education in the Greater Houston area released its list of best and worst high schools in the Houston area. Our local high schools ranked very high on the list of 145 schools. Clear Lake High School which always seems to be high on every
Read more: Schools , Children

Good News for Clear Lake Home Sellers
2008-03-29 19:54:27
Rates are down below 6% for just about all loan products (30 yr, 15 yr fixed, arm) FHA limits were increased and the end of school is approaching. Interest rates are directly affected by the bond markets. Many people think that when the fed reduces the short term lending rates it automatically means mortgage rates will
Read more: Clear , Sellers , Good News

Banks use of FICO Scores Contributes to Foreclosure Rate
2008-03-29 12:30:53
In my opinion one of the biggest problems with our credit crunch and high foreclosure rate is bank reliance on FICO scores.  FICO scores do a good job of reporting an individuals past history of repayment of debt. The biggest problem is the scores do not forecast in my opinion the current position of the borrower.
Read more: Foreclosure

Constellation Pointe - To Many Spec Homes
2008-03-26 23:59:47
Constellation Pointe  has had a rough start with slow sales.  The development sits on a prime piece of property shaped like a peninsula on the south shore of Clear Lake.  There are two major roads Constellation & Pegasus. Development along Constellation has been very brisk because the lots are large (close to an acre) and are true waterfront home sites.
Read more: Homes

Galveston County Real Estate Market Update - March 2008
2008-03-24 14:02:42
Galveston County single family sales were down by 14% in February when compared to February 2007. The number of pending contracts were also down 13.87%. As my other posts have noted 2006 & 2007 where the two best years for real estate sales ever for our area.  Its inevitable that number of sales with have to come
Read more: Update , Estate , Market , March , Real Estate

Endeavour High Rise - Update
2008-03-22 00:48:49
 I wrote a post back in January about the completion of Endeavour. After taking a tour last week it was apparent that the property is being occupied but not yet complete. The 2nd level entrance is missing the cover for the porta-cacher, the outdoor kitchen is being finished and the boat slips are yet to be constructed. I
Read more: Update

How do the new FHA loan limits affect Clear Lake Home Buyers
2008-03-20 23:15:47
On March the FHA (Federal Housing Administration) increased it’s single family home loan limits from $200,160  to $271,050.  FHA provides mortgage insurance on FHA loan programs through their approved lenders. FHA is a quasi-government agency that is a part of HUD. FHA operates as a business generating enough income so that it does not have to rely on the government
Read more: Clear , Buyers , Home Buyers

Not So Accurate Real Estate News..
2008-03-18 23:21:00
I read a lot real estate related news articles. The media has figured out that if they talk about real estate people will read the articles. Everyone has to live somewhere, all people can relate to real estate and the decline of home prices is a hot topic.  Its evident by reading the articles that not all of the
Read more: Estate , Accurate , Estate News

South Shore Harbour - Market Update
2008-03-17 11:16:48
Clear Lake’s largest and most popular community South Shore Harbour , is still turning out new homes 20 years after breaking ground in League City. South Shore Harbour is popular because it is a true master planned community. Some of the developments amenities include a 27 hole golf course, fitness center and marina. South Shore has always sold well and
Read more: Update , Market

Unique Clear Lake Waterfront Home
2008-08-18 05:00:19
I love to look at unique and distressed houses so when I found this property in Kemah close to the boardwalk I couldn’t help but check it out. It is also a few blocks from the Kemah Boardwalk an area that is hot right now.  The property has a great architectural feature rarely found in
Read more: Clear , Waterfront

Clear Lake Condos and Townhomes For Sale
2008-08-14 23:07:04
 Clear Lake Condo & Town home Market Report The condo/town home market in Clear Lake is stable but like all areas in Houston sales are down.  Sold units are down by 21% in July of 08 when compared to July 07. As I have discussed many times in this blog, 2006 & 2007 were record years


I’m not Oprah but this is a book review.
2008-08-12 22:31:16
  I don’t do book review s on this blog, but this book in my opinion can change your life. With personal savings at a record low, its important America learns how to build wealth. Pensions are disappearing,  life expectancy is increasing and companies are providing fewer benefits. Amassing a retirement is not something that is easy
Read more: Oprah , book review

South Shore Harbour Market Report
2008-08-07 12:09:33
  South Shore Harbour is still going strong after 20 years of development and home sales. It is still an incredibly popular community. It offers great amenities like a 27 hole golf course (South Shore Harbour Country Club), fitness center, marina and the resort/conference center. Not to mention all of the pools, parks and lakes throughout
Read more: Market

Call me sooner rather than later.
2008-09-06 23:23:41
 In the past 10 days I have been on 4 listing appointments were the seller could not afford to sell their home.  I am sure you are thinking,” its because of a declining market right”, actually no none of properties are in bad markets. Three of the sellers could not afford to sell their home
Read more: sooner , later

Clear Lake First Time Home Buyer Tax Credit
2008-09-03 22:40:00
First time Clear Lake home buyers looking to bust through the gate to home ownership should take note of a new tax incentive that could save them thousands.  First time home buyers often struggle to come up with the large down payment required to purchase a home. With new underwriting standards most buyers need at
Read more: First , Buyer , First Time

Photos Make or Break an Ad
2008-08-29 11:01:39
 Photos invoke emotions.  The photo above is from Louis Vest a ship pilot on the Houston Ship Channel.  Louis does an outstanding job of bring out the beauty of the Houston ship channel. Over the next few weeks I will be doing a series on “Why Homes Don’t Sell”. I will go into great detail
Read more: Break

Marina Del Sol | League City Market Report
2008-08-27 14:01:37
Marina Del Sol is located on the south shore of Clear Lake in League City, Texas. Marina Del Sol has a good mix of waterfront, water view and interior homes ranging from $200,000 to over 2 million.  There are new homes being built by Imperial Homes in the mid $200’s. There is a new custom
Read more: Market

Southwest International In Water Boat Show at the Kemah Boardwalk
2008-08-25 09:44:14
In the Houston area we are use to visiting boat shows at large convention centers where boats are setup on stands. While boat shows are always fun, they don’t feel nature in a convention center. Boats are made to be on the water and any boater will tell you that they would rather be on
Read more: Southwest , International , Boardwalk

Clear Lake Luxury Home Market
2008-08-22 18:35:34
My previous article on The Peninsula Clear Lake outlined a Clear Lake development with a minimum starting price of 1 Million dollars. In other parts of the country million dollar homes have be become common, in our market they represent less than 1 percent of the total market. Real Estate in Clear Lake and Houston
Read more: Market , Luxury

Not much Lifestyle in Hurricane Ike
2008-09-12 16:56:05
  I am in a Waco hotel watching water reaching homes 0n Clear Lake, Taylor Lake and Galveston Bay. It looks like if the storm will push little further east it will help us out some but its obvious there will be a tremendous amount of damage to our area. Above is a photo I took


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