Houston

Houston, Texas - The fourth largest city in the US. The American Dream of owning a home can easily be realized in the Houston Area. This dream come true can be realized in both NEW and resale homes at affordable prices.

When shopping for homes in the area you will most likely hear the words "master planned community". In the late 1960's developers came up with this concept of communities with strict regulations and deed restrictions. They feature amenities such as plentiful trees and greenbelts, community centers, educational facilities and recreations areas such as pools, ballparks and golf courses. They offer a mix of lush landscaping scenery and modern conveniences with locations near wooded acreage and bodies of water enhanced by abundant schools, shopping centers and restaurants. High rises, town homes, condos, and single family residences are found in most areas.

HISD serves more than 210,000 students in more than 300 schools. In summary, there are 739 elementary, 319 middle, and 211 high schools in the greater Houston area. In total, there are 662 public schools and 332 private schools in the Houston area. (These statistics include schools of all counties and school districts within the greater Houston boundaries).

In the month of August, there were 46,023 active listings in the Houston area, which was down 12.9% versus the same period last year. There were 3,901 pending homes at the end of August, 2009, which was down 9.3% versus the previous year*.

Houston's current median price of $160,880; is 9.77% less than the national median price*.

August Milestones:
- The median price of a single-family home rose for the fourth straight month to the third highest level of 2009 ($160,880);
- The average price of a single-family home reached its third highest level of the year ($213,396);
- Month-over-month volume of single-family home sales reached the third highest level of 2009;
- Month-over-month volume of townhouse/condominium sales reached the third highest level of 2009;
- Month's inventory of single-family homes dipped from 6.7 to 6.5 months compared to the national average of 9.4 months.

The time to buy is NOW.