Top 10 Issues Landlords Face in Houston, Texas

If you are acting as a landlord in the Houston area, please beware there is a lengthy Texas property code you should be abiding by.  If you're not sure what is required by law to be a landlord, then you should hire a property management company to take care of…

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Halloween Safety

Did you know Halloween is the deadliest night for pedestrians?  On average, twice as many child pedestrians are killed while walking on Halloween as compared to any other day.  Here are some safety tips to keep in mind so your children will trick-or-treat safely. 1.  Never allow children to go…

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Houston Home Values

If you would like to know the value of your home go to RREA.com/VALUE to have a FREE report sent emailed to you that will estimate the value of your home. We just need your name and the property address to find your home value. This report will give you…

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Bridgeland

When the next segment of the Grand Parkway is complete, commuters will be able to get to the New Exxon Mobile Campus a lot quicker!  Bridgeland is a master planned community with so much to offer families.  Below are some resale homes available, but there are also plenty of new…

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Modern Luxury Homes Underway in Houston

HOUSTON (Houston Business Journal) – McVaugh Custom Homes Inc. broke ground on a new luxury housing community. The company is building six model homes and six spec homes in Royal Oaks Courtyard Villas, next to the Royal Oaks Country Club. Plans call for 80 homes ranging from 2,500 to 3,200…

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International Homebuyers Add $11 Billion to Texas Economy in 12 Months

AUSTIN (Texas Association of Realtors) – Texas home sales to international homebuyers contributed just over $11 billion to the state's economy between March 2013 and March 2014 and rose to their highest level in five years, according to the 2014 Texas International Homebuyers Report released today by the Texas Association…

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Road Rage: TXDOT Report Identifies State’s Worst Gridlock Areas

AUSTIN (Texas A&M Transportation Institute) – With Texans preparing to vote on Proposition 1, which will provide funding for transportation projects throughout the state, the Texas Department of Transportation (TxDOT) has released its latest list of the state's top 100 most congested roads. Roads were identified through an analysis of…

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Mortgage Rates: Steady As She Goes

WASHINGTON, D.C. (Associated Press) – The average 30-year U.S. mortgage rate remained at a 52-week low for the third straight week. The 4.1 percent rate is down from 4.53 percent at the start of the year. Rates have fallen even though the Federal Reserve has been trimming its monthly bond…

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Houston Housing Market’s Best August Ever, Says HAR

HOUSTON (RealtyNewsReport.com) – The city's housing market had its strongest August ever, according to the Houston Association of Realtors. There were 7,505 single-family home sales, a 1.1 percent increase from last August. The average price of single-family homes rose 6.4 percent year-over-year to $275,369. A 10.4 percent median price jump…

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Spring Texas Home Values

Did you know that Houston home values have been rising for the past 12 months. If you would like to know the value of your home go to RREA.com/VALUE to have a FREE report sent emailed to you that will estimate the value of your home. We just need your…

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Elimination of FHA “Prepayment Penalty”

On August 26, 2014, the Federal Housing Administration (FHA) issued its final rule to eliminate post-payment interest charges on FHA-insured single family mortgages.  NAR has urged FHA and Ginnie Mae to remove this prepayment penalty for years as the policy placed an unreasonable burden on consumers who already face high…

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