Welcome to the most current Housing Trends eNewsletter. 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 OCTOBER-2009 Newsletter Housing Trends eNewsletter:http://tonycamero.housingtrendsenewsletter.com?Newsletter_ID=231&Period_ID=178The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.It also includes press releases with charts and videos, key market indicators and real estate sales and price statistics, a video message by a nationally recognized economist, maps, mortgage rates and calculators, consumer articles, plus local neighborhood information and more.If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:http://tonycamero.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.Sincerely yours, Anthony CameroKeller Williams Realty Katy
(281) 935-7839
www.camerohomes.com
Your Home Sold In 39 Days Or Its FREE!!!!!!!!
Tuesday, October 6, 2009
Sunday, September 13, 2009
Marriage of home builders
The marriage between Pulte Homes and Dallas-based Centex Corp. became official last week, making the combined company the nation's largest home builder and vaulting it into the top 10 of Houston-area builders, the company said.
It will also allow Pulte, based in Bloomfield Hills, Mich., to offer homes to a market it hasn't largely targeted in this area: the entry-level.
While down from its peak, “the first-time home buyer market — especially those that are capable of taking advantage of $8,000 tax credit — has been very good for the last six or seven months,” said Houston division President Jim Rorison.
There are very few communities where the two companies competed head-to-head, he added. Pulte has focused more on the upper-end and move-up buyer.
Locally, the company is seeing the most activity on the west side of town, which attracts workers from the energy industry.
The combined company will build in 26 communities in the Houston area and have more than 100 employees. Only about five workers lost their jobs due to the acquisition, Rorison said.
Centex and Pulte were ranked 14 and 19, respectively, on the Chronicle's latest survey of top home builders.
They built and closed nearly 950 homes last year.
Baker finds a bargain
A commercial baker that has outgrown its production facility is benefiting from the commercial real estate slowdown.
Ashcraft/European Bakery has leased a former supermarket that's been vacant for more than a year to expand its operations. And the owners say they're paying only about half of the normal market rent for the space.
“I think this is great timing for us,” said Ashcraft's Roger Saa. “If you're wanting to do bigger spaces there's a lot of opportunities out there.”
Saa and his partner, Ronald Weil, are moving from a 19,000-square-foot plant in Bellaire to one more than double that size in Stafford.
The number of vacant big box stores that once housed supermarkets, electronic and home furnishing stores has been growing. Retail vacancy in Houston is expected to finish the year at 14 percent, the highest in more than a decade, according to a report from Marcus & Millichap.
Saa and Weil took over the bakery 13 years ago. It makes about 250,000 rolls, hamburger and hot dog buns, and sweets a day.
Apartment team on move
A veteran team of real estate brokers who specialize in selling apartment complexes has left the firm where they've worked for more than a decade.
Craig LaFollette, formerly an executive vice president at CB Richard Ellis, will lead the nine-member team in selling multihousing assets in Texas and across the United States at the Houston office of Holliday Fenoglio Fowler. Todd Stewart and Todd Marix are also joining the firm.
The team will add multihousing sales as a specialty to HFF's investment sales operations, which until now have focused on office, industrial, retail and self-storage sales assignments.
The team has been involved in more than $6 billion worth of property transactions throughout the country, including a $712 million portfolio sale of 18 properties in Houston and Phoenix for Houston-based Sueba in 2006.
“Over the years we've built up a lot of relationships,” LaFollette said. “This was an opportunity to grow our business as well as help HFF grow theirs.”
And it was an easier transition to make with the market in a slump, he said.
While commercial real estate sales have fallen significantly, there are some signs of change.
LaFollette's team recently marketed a 400-unit apartment complex in Westchase that got 28 “legitimate offers.”
The winning bidder agreed to a 21-day inspection, as well as putting $100,000 at risk at the end of the 10th day and another $250,000 on the 21st.
“I haven't seen that in two years,” LaFollette said.
It will also allow Pulte, based in Bloomfield Hills, Mich., to offer homes to a market it hasn't largely targeted in this area: the entry-level.
While down from its peak, “the first-time home buyer market — especially those that are capable of taking advantage of $8,000 tax credit — has been very good for the last six or seven months,” said Houston division President Jim Rorison.
There are very few communities where the two companies competed head-to-head, he added. Pulte has focused more on the upper-end and move-up buyer.
Locally, the company is seeing the most activity on the west side of town, which attracts workers from the energy industry.
The combined company will build in 26 communities in the Houston area and have more than 100 employees. Only about five workers lost their jobs due to the acquisition, Rorison said.
Centex and Pulte were ranked 14 and 19, respectively, on the Chronicle's latest survey of top home builders.
They built and closed nearly 950 homes last year.
Baker finds a bargain
A commercial baker that has outgrown its production facility is benefiting from the commercial real estate slowdown.
Ashcraft/European Bakery has leased a former supermarket that's been vacant for more than a year to expand its operations. And the owners say they're paying only about half of the normal market rent for the space.
“I think this is great timing for us,” said Ashcraft's Roger Saa. “If you're wanting to do bigger spaces there's a lot of opportunities out there.”
Saa and his partner, Ronald Weil, are moving from a 19,000-square-foot plant in Bellaire to one more than double that size in Stafford.
The number of vacant big box stores that once housed supermarkets, electronic and home furnishing stores has been growing. Retail vacancy in Houston is expected to finish the year at 14 percent, the highest in more than a decade, according to a report from Marcus & Millichap.
Saa and Weil took over the bakery 13 years ago. It makes about 250,000 rolls, hamburger and hot dog buns, and sweets a day.
Apartment team on move
A veteran team of real estate brokers who specialize in selling apartment complexes has left the firm where they've worked for more than a decade.
Craig LaFollette, formerly an executive vice president at CB Richard Ellis, will lead the nine-member team in selling multihousing assets in Texas and across the United States at the Houston office of Holliday Fenoglio Fowler. Todd Stewart and Todd Marix are also joining the firm.
The team will add multihousing sales as a specialty to HFF's investment sales operations, which until now have focused on office, industrial, retail and self-storage sales assignments.
The team has been involved in more than $6 billion worth of property transactions throughout the country, including a $712 million portfolio sale of 18 properties in Houston and Phoenix for Houston-based Sueba in 2006.
“Over the years we've built up a lot of relationships,” LaFollette said. “This was an opportunity to grow our business as well as help HFF grow theirs.”
And it was an easier transition to make with the market in a slump, he said.
While commercial real estate sales have fallen significantly, there are some signs of change.
LaFollette's team recently marketed a 400-unit apartment complex in Westchase that got 28 “legitimate offers.”
The winning bidder agreed to a 21-day inspection, as well as putting $100,000 at risk at the end of the 10th day and another $250,000 on the 21st.
“I haven't seen that in two years,” LaFollette said.
September Newsletter
Welcome to the most current Housing Trends eNewsletter. 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 SEPTEMBER-2009 Newsletter Housing Trends eNewsletter:http://tonycamero.housingtrendsenewsletter.com/?Newsletter_ID=230&Period_ID=177The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.It also includes press releases with charts and videos, key market indicators and real estate sales and price statistics, a video message by a nationally recognized economist, maps, mortgage rates and calculators, consumer articles, plus local neighborhood information and more.If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:http://tonycamero.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.Sincerely yours, Anthony CameroKeller Williams Realty Katy @ Cinco Ranch23240 Westeimer Parkway Ste A Katy TX 77494(281) 935-7839
www.camerohomes.com
Your home sold in 39 days or I sell for FREE
www.camerohomes.com
Your home sold in 39 days or I sell for FREE
Tuesday, April 14, 2009
Welcome to Houston.....contd
In my past blogs I have tried to give the reader from out of town a good idea of how this city is set up.
For those of you who have never actually been to Houston or the state of Texas let me briefly dispel some myths about Houston and Texas in general. Some folks out there might think that all texans allways wear cowboy boots, have oil derricks in there backyard or ride a horse to work. Dont get me wrong there are plenty of Houston and Texas residents where that is indeed true. For the most part though Houston like most metropolitan Texas cities ...and like most US larger cities we drive a car to work, no oil derricks in the backyard and no boots.
One of the other things about Houston that you might notice is that the city is VERY green. This is something you notice more...either from a highrise(helicopter too) or if you have just come from a very dry arrid climate. I noticed it coming back from california.
There are many things about Houston that make it stand out from other major cities. Some people may know others may not. We have the Texas Medical Center south of our downtown which covers many city blocks of nothing but tall buildings dedicated to medical care with many specialties, some for cancer patients some dedicated to womens health and many other health issues.
We also have the headquarters for NASA(National Aeronatics Space Administration) not the actual launch pad, but mission control for NASA. So when the astronauts are in space they are hearing Housonts NASA speaking to them. That is in Clear Lake on the far south end of the city.
Its not terribly exiting but we also have the Port of Houston,one of the biggest ports in the country.
I think thats enough for now...more to come...:)
For those of you who have never actually been to Houston or the state of Texas let me briefly dispel some myths about Houston and Texas in general. Some folks out there might think that all texans allways wear cowboy boots, have oil derricks in there backyard or ride a horse to work. Dont get me wrong there are plenty of Houston and Texas residents where that is indeed true. For the most part though Houston like most metropolitan Texas cities ...and like most US larger cities we drive a car to work, no oil derricks in the backyard and no boots.
One of the other things about Houston that you might notice is that the city is VERY green. This is something you notice more...either from a highrise(helicopter too) or if you have just come from a very dry arrid climate. I noticed it coming back from california.
There are many things about Houston that make it stand out from other major cities. Some people may know others may not. We have the Texas Medical Center south of our downtown which covers many city blocks of nothing but tall buildings dedicated to medical care with many specialties, some for cancer patients some dedicated to womens health and many other health issues.
We also have the headquarters for NASA(National Aeronatics Space Administration) not the actual launch pad, but mission control for NASA. So when the astronauts are in space they are hearing Housonts NASA speaking to them. That is in Clear Lake on the far south end of the city.
Its not terribly exiting but we also have the Port of Houston,one of the biggest ports in the country.
I think thats enough for now...more to come...:)
Tuesday, March 31, 2009
Welcome to Houston ...continued
If you are moving to a new area you probably have no idea how the city is set up. I knew a lady many years ago who moved here from Washington State, who moved here because her Uncle and Aunt lived here and she was going to work with them at their office. I am pretty sure she had no idea at the time that she was moving to one of the less desirable areas of the city. She came her alone, lived alone, and she rented an apartment in what could be considered almost a ghetto.
I probably wont get to all of the areas with this posting but I want to give the reader an idea of how things are set up here.
I probably wont get to all of the areas with this posting but I want to give the reader an idea of how things are set up here.
Myself I live on the far west side of the Houston area in Katy,Tx which has been growing steadily for many years and really doesnt have any undesirable areas.
To go to extremes if you happen to live in the West University area, River Oaks, or Pecan Grove( in the Sugarland area) Those would be considered well to do areas in the general Houston area.
Similar to Katy, if you are in the Woodlands or Kingwood areas, Friendswood for example those are master planned communities on the edge of the area to the north and south. These are very nice areas to live, although they do have sizable commutes if you happen to work downtown or in the Galleria area (very dense areas for business)
Like other cities in Texas we have a loop called the 610 loop that goes around the main part of town. Areas inside that loop are considered desireable but they are usually high rise condiminiums. The downtown area has in the last several years refurbished certain older buildings and built lofts that have become quite popular.
to be contd,.....
Monday, March 30, 2009
Welcome to Houston,Tx!!
For those of you who may have Houston,TX in your future, let me welcome you to our fair city.
I will be focusing on the many features of our city in future postings.
As most of the rest of the country is dealing with plummeting real estate values and businesses closing left and right and what seems like daily layoffs, Houston has the upper hand.
I won't say that Houston is booming right now,but compared to the rest of the US we are looking really good. Prices for the overall Houston market are stable and Houston business overall is actually growing. Of course there are businesses in our area that are failing and laying off workers,but this happens in a non recessionary time as well.
Something else that makes Houston unique is that we are the 4th largest city in the U.S. but if you ask around a lot of Houstonians will tell you that this feels a lot like a small town considering that fact. You could also say that Houston is MADE up of numerous small towns making up a larger city. I myself live in the Katy area which is on the far west side of town, which is growing like a weed. In addition to Katy, you have areas like Spring Branch, West University, Sugarland, And the Heights. Some of these smaller areas actually have their own police forces and fire service.
To be continued.....
I will be focusing on the many features of our city in future postings.
As most of the rest of the country is dealing with plummeting real estate values and businesses closing left and right and what seems like daily layoffs, Houston has the upper hand.
I won't say that Houston is booming right now,but compared to the rest of the US we are looking really good. Prices for the overall Houston market are stable and Houston business overall is actually growing. Of course there are businesses in our area that are failing and laying off workers,but this happens in a non recessionary time as well.
Something else that makes Houston unique is that we are the 4th largest city in the U.S. but if you ask around a lot of Houstonians will tell you that this feels a lot like a small town considering that fact. You could also say that Houston is MADE up of numerous small towns making up a larger city. I myself live in the Katy area which is on the far west side of town, which is growing like a weed. In addition to Katy, you have areas like Spring Branch, West University, Sugarland, And the Heights. Some of these smaller areas actually have their own police forces and fire service.
To be continued.....
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