Buyers swamp housing market Houston-area home sales sharply rise; bidding wars start as inventory drops By Nancy Sarnoff Houston’s housing market roared back in 2012 as job growth and ultra-low mortgage rates brought buyers out of hibernation in a big way. Single-family home sales were up 16.1 percent last year, and prices gained ground, too,...Continue Reading
THE HOUSTON REAL ESTATE MARKET ENDS 2012 WITH A BANG Continued positive home sales in December give 2012 a 23 percent boost in dollar volume over 2011 and plunge inventory to pre-millennial levels HOUSTON — (January 15, 2013) — Sales of homes throughout the greater Houston area never let up in 2012, driven by a combination of strong local...Continue Reading
Top Ten Things You Need to Know About the 3.8% Investment Tax on Home Sales DAVID MENDEL / JANUARY 14, 2013 Almost immediately following passage of the Health Care and Education Reconciliation Act of 2010 and Patient Protection and Affordable Care Act in 2010, a series of emails began circulating around the Internet, most with a...Continue Reading