Selecting an attorney for legal cases is a very important decision. Please enter your information below to receive a Free Consultation from an attorney in your area:
Real
Estate News
Houston Housing Sales Heat Up With Pre-Summer Temperatures
March Brings in Record-Breaking Home Sales and Out-Performs the U.S.
HOUSTON — (April 25, 2006) — March home sales in the greater Houston area reached near all-time record levels. Sales reported set a new record for the month and were the third highest level ever. Houston’s uniquely balanced market shows continued strength in homes sales and prices, while still providing an affordable market for home buyers.
As we enter the traditional peak home buying and selling season this summer, Houston stats are climbing along with our temperatures.
“You never want to claim good weather as the reason for anything—that is just tempting fate in Houston—but the early heat up in temperatures and the relatively few number of days with rain have definitely contributed to the early heat up in housing sales,” said Lorraine Abercrombie, HAR Chair and Marketing Director for Greenwood King Properties. “Almost all of the analysts and industry experts predicted that 2006 would be a very strong year but would not match last year’s amazing sales. So far, Houston is exceeding those expectations, and, if all the factors continue to line up, 2006 will be the best year ever for real estate in the region.”
Total property sales for the month totaled 8,015, which was a 22.4 percent increase over March 2005. Properties sold during the month reached a total of nearly $1.5 billion, a 32.4 percent increase compared to last year’s more than $1.1 billion in March sales. Additionally, the median home price for a single-family home reached $143,310, and the average home price rose to $193,640, both increases from last year of 5.4 and 8.5 percent, respectively.
Stopping foreclosure with a special forbearance can be done
Your lender may be able to arrange a repayment plan based on your financial situation and may even provide for a temporary reduction or suspension of your payments. You may qualify for this if you have recently experienced a reduction in income or an increase in living expenses.
Newsroom
News about real estate cases in Alaska and nationwide:
Hud Housing Program
The Uniform Act, passed by Congress in 1970, is a federal law that establishes minimum standards for federally funded programs and projects that re... Read more >
Definition:
A separate account into which the lender puts a portion of each monthly mortgage payment; an escrow account provides the funds needed for such expenses as property taxes, homeowners insurance, mortgage insurance, etc.
Home inspection
Definition:
An examination of the structure and mechanical systems to determine a home's safety; makes the potential homebuyer aware of any repairs that may be needed.
Alternate Dispute Resolution (ADR)
Definition:
A range of different forums and processes which can be utilized to resolve a dispute. We focus on two forms of ADR in this guide which might be used to negotiate a settlement: administrative settlements and mediation.
If you live in the following cities and need an real estate attorney you should contact
our Real Estate Attorney as soon as possible:
Anchorage
Bethel
Chugiak
Eagle River
Fairbanks
Juneau
Kenai
Ketchikan
Kodiak
North Pole
Palmer
Sitka
Soldotna
Wasilla
Legal Disclaimers All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Real Estate Lawyer Alaska.com is not intended to be real estate advice, but merely conveys
general information related to real estate issues commonly encountered.
Local Professional? Generate new business today
Call 866-227-9356 or contact a sales rep
Did You Know?