New Home Price Report Shows It’s a Great Time to Buy says Bob Stahl, Guest Writer, Realtor.com. “The most recent S&P/Case-Shiller Home Price Indices was released on Tuesday and the news wasn’t as optimistic as we would like but not altogether surprising either. The S&P/Case-Shiller monthly report is the leading measure of U.S. home prices and on Tuesday, they reported that – in their 20-city composite – housing prices fell 1.6 percent from their November 2009 levels. Sixteen of the 20 cities in the index showed a year-over-year decline and 19 of the 20 metros showed a decline from the month prior (October 2010) However, the composite indices remain above their spring 2009 lows.”
Are you in the market for a new home, resale or new construction?
Search the MLS on my HAR website: http://har.com/margaretzamanian
Are you looking for a beautiful home in an established area in Cinco Ranch? Come out to Katy Sunday and take a look at this home. It is in Cinco Ranch, Greenway Village subdivision, just east of the Grand Parkway 99, and south of I-10.
Sunday, February 13th Open House 12:30 to 3:00
23203 Enchanted Landing
Check out this week’s short video updates on the real estate market.
Real Estate Market Conditions
The average price of a single-family home reached the 2nd highest level 0f 2010 and an all-time high for December in Houston – $221,613. See the full market report here:
MLS Press Release
via Katy and Houston Area News and Events: How did the Houston Market perform in 2010? Here is the MLS Press Release.
A good day to curl up with the Houston Chronicle and a carafe of coffee…