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Diana Miller

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Galveston Home Team
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Houston Area Projected Home Price Increases 2011

February 3rd, 2011


While buyers remain on the fence waiting for prices to go down, owners are choosing to lease the home they need to sell. Tenants are paying premium rent prices as loans are still challenging and the relocation market into Houston remains strong. We have recently expanded our property management services in response to the increased demand from property owners. According to housing projections, buyers who continue to wait may pay higher prices and have fewer choices:

The following is a list of 10 cities that Clear Capital expects will rise in property value in 2011:

1. Washington, D.C.: 6.5 percent price increase

2. Houston: 3.6 percent price increase
3. Honolulu: 3.4 percent price increase
4. Memphis, Tenn.: 3.2 percent price increase
5. Columbus, Ohio: 2.1 percent price increase
6. Dallas: 1.4 percent price increase
7. New York: 1.3 percent price increase
8. Birmingham, Ala.: 0.9 percent price increase
9. Pittsburgh: 0.8 percent price increase
10. New Orleans: 0.5 percent price increase


Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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I serve on the Texas and National Assoc of Realtors Land Use Committees. I advocate for homeowners in my professional and personal life every day. I have been active in community development issues because I care about your home ownership and communy
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