Houston Texas Real Estate – the $8,000 Tax Credit

Expanded Tax Break Available for 2009 First-Time Homebuyers  WASHINGTON — The Internal Revenue Service announced today that taxpayers who qualify for the first-time homebuyer credit and purchase a home this year before Dec. 1 have a special option available for claiming the tax credit either on their 2008 tax returns due April 15 or on [...]

Houston Texas Real Estate – Healthiest Housing Market in 2009

Builder, in conjunction with Hanley Wood Market Intelligence, debuts its metric for determining markets with the best and least potential. They like to do things big in Houston. Now the metro area, home to nearly 5.8 million people, can lay claim to being the largest home building market in the country, with 42,697 building permits. [...]

Houston Texas Real Estate – Tax appraisal versus the Sold Price what’s the REAL deal?

    Tax appraisal versus the Sold Price what’s the REAL deal?   I was asked this question today.  This is a great question and asked by many buyers.  The value that the county tax assessor does not reflect the selling price of that home.  Tax assessors do not go into the property to see [...]

Clear Lake Texas Real Estate – Clear Lake Foreclosures

Not a day goes by that someone doesn’t ask me about foreclosures in the Clear Lake area.  With news from the national media, foreclosures are certainly a hot topic. It’s important to remember; all markets are LOCAL. In the last quarter of 2008, of the 568 single family homes sold in the Clear Lake area, 56 were foreclosure [...]