Monday, December 21, 2009

Townhouse in Houston Texas Medical Center

Wonderful one bedroom 1.5 bath townhome in Medical Center with 2-car attached garage; nice living area with fireplace; galley kitchen w/breakfast area; Very neat; extremely quiet neighborhood; kitchen includes walk-in pantry; free basic cable; great pool area; racquet ball; tennis court. Conveniently located on bus route to Medical Center or UT Shuttle; 24 Hour Manned Gate. Additional storage room ready to be finished for second bedroom or nursery.

Listing Price: $122,500

Address 7447 Cambridge 113
City / Zip: Houston / 77054
Subdivision: City Place
Property Type: Townhouse / Condo
Status: Active on Market
Bedrooms: 1 Bedroom(s)
Baths: 1 Full & 1 Half Bath(s)
Garage: 2 Car Attached
Stories: 2 Story
Style: Traditional
Year Built: 1980 / Appraisal District
Building Sqft: 1,181 / Appraisal District
Front Door: East
Unit Level: Levels 1 and 2
Maintenance Fee: 399 monthly
Mrkt Area: Medical Center
Key Map® : PAGE 533J
MLS# / Area: 93064448 / 17-Southwest

Click here to view listing: http://tinyurl.com/yady2ym

Thursday, December 17, 2009

Cities Where Housing Is on the Mend

No cities have totally avoided the foreclosure crisis, but some were able to sidestep the worst of it. These markets are now recovering quickly.

The recovery is swiftest in those areas that didn’t have as much of a housing price run up to begin with, either because the economy in those areas has stayed healthy or the economy has been limited for decades and residents have adapted or left.

To identify places where the recovery has begun, Forbes magazine examined the number of loans that were foreclosed in the 100 largest metropolitan statistical areas. Then it calculated the percentage of loans that are descending further into delinquency vs. those that are improving. The lower the deterioration ratio, the higher the ranking.

Here are the cities that fared best by that measurement and are recovering the most quickly:

1. Harrisburg-Carlisle, Pa.
2. Austin-Round Rock, Texas
3. Ogden-Clearfield, Utah
4. Buffalo, N.Y.
5. Knoxville, Tenn.
6. Raleigh, N.C.
7. San Antonio, Texas
8. Syracuse, N.Y.
9. Salt Lake City, Utah
(Tied)
10. Moline, Ill.
10. St. Louis
10. Wichita, Kan.
10. Rochester, N.Y.

Source: Forbes, Francesca Levy (12/09/2009)

Wednesday, December 2, 2009

First Time Home Buyer Tax Credit

What do you think about the First Time Home Buyer Tax Credit? Have you taken advantage of this tax credit? Do you know someone who has?