Archive for the ‘Uncategorized’ Category
The 20 new metro areas added to this month’s list are:
- Ann Arbor, Mich.
- Athens, Ga.
- Boulder, Col
- Burlington, Vt.
- Canton, Ohio
- Charleston, W.V.
- Danville, Va.
- Fort Wayne, Ind.
- Grand Forks, N.D.
- Jackson, Miss.
- Kingsport, Tenn.
- Laredo, Texas
- Lincoln, Neb.
- Muncie, Ind.
- Muskegon, Mich.
- San Jose, Calif.
- Scranton, Pa.
- Toledo, Ohio
- Washington, D.C.
- Winchester, Va.
Read More: 20 Cities Added to Improving Housing Market List.
On the other hand, 68 percent of home buyers say homes are overpriced, with 32 percent saying homes are overpriced by more than 10 percent.
For more details: www.sunshinekids.org
By Melissa Dittmann Tracey, REALTOR® Magazine
Despite fears of a double-dip recession, home owners are choosing to invest more money in upgrading their homes. Home owners who can’t afford to sell their properties and buy new are realizing if they can’t move anytime soon, they want to fix up the home they have.
Remodeling activity reached a record high during July, according to the BuildFax Remodeling Index, which has tracked residential remodeling activity since 2004. The July index increased 24 percent year-over-year to 130.4, the highest to date. It was the 21st straight month the index increased.
“As millions of Americans believe that they will not be able to secure a new home due to a variety of factors including tight credit, limited buyers and challenging job prospects, they are more and more turning to renovating and remodeling their current properties, sending remodeling activity to record levels,” said Joe Emison, Vice President of Research and Development at BuildFax. “However, this remodeling boom is leaving many of these properties under-insured, as the value of these renovations are often not being captured by the home owners’ insurance companies.”
BuildFax says it’s important for home owners to make their home insurance is up-to-date after major remodeling projects. Many home owners fail to increase the insurance on their homes to account for the remodeling projects, which means their insurance doesn’t likely reflect the true value of their home.
MLS Press Release: “HOUSTON HOME SALES RISE AGAIN IN JULY
The second consecutive monthly increase is still attributed to slower than usual home sales in 2010 following expiration of the tax credit HOUSTON — August 16, 2011 — What do you get when you compare seasonal summer home buying in a single month to the same month a year earlier shortly after a home buyer tax credit expired? If its July 2011 in Houston, Texas, its a nearly 17 percent increase in home sales. Last years third quarter slowdown in home sales continues to make this years generally typical real estate activity appear slightly more positive than it otherwise would be considered. July marked the third time in 2011 that sales volume entered positive territory. It also saw the average price of a single-family home reach its highest level for a July in Houston.”
HOUSTON, TX – August 11, 2011 – The team at Prudential Gary Greene, Realtors’ Katy office recently hosted another successful fundraiser for their favorite charity, the Sunshine Kids.
The fifth annual Katy Sunshine Fest was held recently at the Katy office. Agent Bob Miles chaired the event, and Christi Borden served as media chair this year.
“We took the Katy Sunshine Fest to another level from last year’s great event and exceeded our expectations.” Miles said. Julie Lower, auction co-chair added that more than 700 people attended the event. “At our May 24 sponsor thank-you event we presented Shannon Lillis, director of operations for the Sunshine Kids, with a check for $50,000.”
The Katy Sunshine Fest started in 2006 as an open house for the office, but the agents wanted to have an annual community fundraising event for the Sunshine Kids, according to Borden. Each year the event has grown in stature and in contributions to the charity.
The Sunshine Kids Foundation provides positive group activities and emotional support for young cancer patients and their families. The foundation offers a variety of programs and events, free of charge, for children who are receiving cancer treatments in hospitals across North America.