Houston Real Estate Market News & Events for October

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Houston Real Estate Market News & Events for October

Are there really more homebuyers than available home inventory?  It’s getting that way.  Read about the latest Houston real estate market news, schools and home prices, Todd Farber, The Garden Guy’s, Landscaping Tip for Fall and fun events for October.  Todd Farber, The Garden Guy,  is even offering two (2) free flats of of seasonal flowers with any landscape installation project.  How can you beat that?  Have a spooktacular October and a Happy Halloween!

HOUSTON AREA HOME BUYERS OUTPACED SELLERS IN AUGUST

Following July’s small uptick in home inventory, Houston area home buyers once again outpaced sellers in August, sending months of inventory from 3.4 to 3.3 months versus 4.9 months at the same time last year.

According to the latest monthly report prepared by the Houston Association of REALTORS® (HAR):

  • Single-family home sales increased 16.2 percent year-over-year, accounting for the market’s 27th consecutive monthly increase;
  • Contracts closed on 7,504 single-family homes, which is the fourth straight month for monthly home sales to top the 7,000 mark, matching levels last seen in the spring of 2007;
  • Total property sales rose 16.4 percent compared to one year earlier;
  • Total dollar volume jumped 35.6 percent, increasing from $1.6 billion to $2.2 billion on a year-over-year basis;
  • 3.3 months inventory of single-family homes is down from 3.4 months in July 2013 and down from 4.9 months in August 2012 while comparing to the national average of 5.1 months;
  • Sales of townhouses/condominiums rose 13.9 percent year-over-year;
  • Rentals of single-family homes rose 10.3 percent while and townhouse/condominium units were flat;
  • Rents reached record highs of $1,748 for single-family leases and $1,507 for townhouse/condominium leases.

>>Read the full press release.

NANCY SARNOFF QUOTES LESLIE LERNER IN SUNDAY’S HOUSTON CHRONICLE

Nancy Sarnoff, the Houston Chronicle’s Real Estate Reporter, quoted Leslie Lerner in Sunday, September 29th’s paper regarding schools and home prices.

>>>Read the entire story.


FALL 2013 LANDSCAPING TIP FROM TODD FARBER, THE GARDEN GUY

Create a private wildlife sanctuary in your backyard.

It’s fall in the Houston area.  Some cool weather is sure to come soon! This is the perfect time for you to replace dead and struggling plants, add new color to your flower beds and have fresh mulch applied as well. But these are things that you probably already know.

What about a new idea? Want to create something fresh and exciting this fall in your yard that you and your family can enjoy all year?  Here are four simple steps for you to plan and install a wildlife sanctuary in your backyard:

Provide Food for Wildlife :  Seeds from a plant • Berries • Nectar • Foliage/Twigs • Suet • Bird Feeder • Squirrel Feeder • Hummingbird Feeder • Butterfly Feeder

Butterfly/Hummingbird Attracting Plants:   Plan and place the special plants that attract hummers and butterflies.

Water Source:  Install a bird bath or small pond as a water source.

Cover:  Wildlife needs a place to hide in order to feel safe from people, predators and inclement weather.

Find out more about how to create your own wildlife habitat from The National Wildlife Federation at www.nwf.org or allow Garden Guy to plan and install your private wildlife sanctuary this fall.  Garden Guy loves working with the homeowner integrating your ideas with our professional experience.  Visit Garden Guy at www.Garden-Guy.com for your free consultation from Todd Farber, BS Horticulture, Texas A&M.  Mention Leslie Lerner Properties and receive 2 free flats of seasonal flowers with any landscape installation project.
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All of the service, for less money!

LESLIE LERNER PROPERTIES WILL:

  • List Homes over $300,000 for $4,500
  • Under $300,000 for $1.5%
    >>Read More
  • We will rebate 1.5% of the Buyer’s Agent’s Commission if we show you 1 – 5 homes.
  • We will rebate 1% if we show you 6 – 10 homes.
    >>Read More

**BROWSE OUR CURRENT LISTINGS**

FUN THINGS TO DO IN OCTOBER

Houston Dynamo
Houston Texans
2 – 5 – Round Top Antiques Fair
3 – 6  – Greek Festival
4 – 6 – Texas Bass Classic
5 – El Campo Prairie Days Fest
5 – Earth, Wind & Fire
6 – Beach Boys
9 – 13 – Austin County Fair
10 – 13 – Festa Italiana
10 – 13 – Red Cat Jazz Festival
10 – 13 – Gruene Music & Wine Fest
11 – 13 – Cajun Catfish Festival
12 – 13 – Turkishfest
12 – 13 – Art & Texas Wine Fest
12 – 13 – Katy Harvest Festival
12 – Wharton Wine & Arts Festival
12 – Texas Mushroom Festival
12 – Lionel Richie
19 – 20 – ARToberFEST
19 –  Korean Festival
19 – Kids Day on Buffalo Bayou
22 – Montgomery Wine & Music Fest
25 – 26 – Island Oktoberfest
26 – Texian Market Days
26 – ArBOOretum
26 – Fredricksburg Food & Wine
27 – Widespread Panic

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