Cynthia Mullins' Real Estate Market Blog

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(713) 829-3052

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Exceeding Expectations. One Client At A Time. Over $125 Million Sold.
BOULEVARD REALTY
        EMAIL ME        1545 Heights Blvd, Houston, TX 77008     Phone: (713) 862-1600     Fax: (713) 862-2965
APR
19

2 Bedrooms, 2.5 Baths, 1,818 SF Living

Start your day on your private balcony (or any room) with a beautiful sunrise or relax watching the sunset and stunning 180 degree views from downtown to The Galleria in the heart of the Houston Heights. Enjoy the roof-top pool, spa and summer kitchen with outdoor entertainment area including glass rock fire pits. Coded security throughout, 3 elevators for 20 residents, 2 assigned garage parking spots come with the unit. 14' ceilings, polished concrete floors, granite countertops, island with breakfast bar. Click http://goo.gl/mFfWaB for more info.

Den has 180 degree views from downtown to The Galleria. Watch the sun rise or set from any room or your private balcony.

Kitchen and dining area. Kitchen has gas cooktop, granite countertops and island with breakfast bar.

Master bedroom has east and south views.

Master bath has a view looking east with a separate shower and tub.

Glass rock fire pit on rooftop lounge.

Salt water heated pool with spa and sun deck overlooking downtown, the medical center and The Galleria.

Roof-top summer kitchen has 2 propane gas grills for occupants to use.

Buying or selling a home? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
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Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

APR
14

4 Bedrooms, 2 Baths, 8,280 SF Lot

Gorgeous updated 4 bedroom home ready to move in. Striking vaulted ceiling and island kitchen open to living spaces are the centerpiece of this great floorplan. Updates to plumbing, electrical. Aluminum roof! Granite, travertine and hardwood throughout. Energy efficient windows. Foundation repaired. Never flooded. Must see! Click http://goo.gl/89cfkC for more info.

LIVING ROOM

 

KITCHEN

 

DINING ROOM

 

MASTER BEDROOM

 

MASTER BATH

 

BACKYARD PATIO

 

BACKYARD GREENSPACE

Buying or selling a home? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

APR
5

The Cultural Landscape Foundation (TCLF) recently held Leading with Landscape II: The Houston Transformation, a three day event highlighted by a conference discussing how Houston is reshaping its identity through landscape architecture. The conference’s impressive list of speakers included internationally significant private-sector practitioners working on current and proposed projects in Houston, municipal leaders, academics, and leading critics and thinkers. Charles Birnbaum, founder and CEO of TCLF, kickstarted the conference by sharing his unique way of looking at Houston history. He divided it up into 3 eras: engineering (freeways), architecture (buildings), and landscape architecture (parks and greenspace). William Fulton, Director of Rice University’s Kinder Institute, who spoke toward the end of the conference, took this idea and ran with it.

Fulton agreed with Birnbaum’s point that we are currently in this third era of landscape architecture and he also recognized that it is an unquestionably great thing for Houston. We are experiencing a certain parks renaissance, with the city’s largest parks, Hermann Park, Buffalo Bayou Park, and Memorial Park all going through major upgrades. The creation of Discovery Green, a vibrant 12-acre park in the heart of downtown, which opened in 2008, is another huge advancement in this third era of parks and greenspace improvements. Just this past weekend, Discovery Green hosted the March Madness Music Festival, a free concert series full of headlining acts which brought thousands to the park for three straight days, culminating with performances by Flo Rida, Pitbull, and Maroon 5 on Sunday. Public-private partnerships such as the Buffalo Bayou Partnership are a driving force behind this landscape architecture enhancement initiative. Buffalo Bayou Partnership, in addition to transforming Buffalo Bayou Park, frequently puts on different events which draw countless people to the park. The wide array of events include boat rides along the bayou and the upcoming Bayou Bash, which will feature crawfish, libations and live entertainment.

Scene from the March Madness Music Festival

Scene from the March Madness Music Festival at Discovery Green

Even though we are in the midst of an era full of massive landscape architecture enhancements, Fulton argues that we need to move forward to a fourth era which he calls urban design. This urban design era is about creating a paradigm shift. He states that Instead of just appreciating natural treasures like Buffalo Bayou Park as quality greenspaces completely separate from our urban landscape, we need to see them as connected. Our city has been constructed with a design in which the freeways are used to funnel everything downtown. Fulton sees the need for an alternate design in which the city is reimagined using the east-west lines of the bayous as opposed to the freeways. And he wants our urban and natural environments to be seamlessly intertwined.

There are signs that Houston is indeed entering this urban design era that is connecting our urban and natural environments. One of the first examples of this is Buffalo Bayou Path: Smith Street/Travis Street Link, which had its ribbon-cutting ceremony last Thursday. The completed project ties together two stretches of Buffalo Bayou Trail by bridging a gap between Travis and Smith Streets. This is the kind of action that Fulton is looking for in this fourth era. The path instantly makes downtown more accessible by foot or bike along Buffalo Bayou. This path is one of six separate projects that were made possible by way of the Transportation Investment Generating Economic Recovery (TIGER) grant awarded in 2012 for the Houston Regional Bike/Pedestrian Connections to Transit project. The other five, like Buffalo Bayou Path, are aiming to unite trail segments along major transportation corridors to create alternative transportation connections for Houstonians.

Buffalo Bayou Path: Smith Street/Travis Street Link

This TIGER grant illustrates the local support for movement into this urban design era while also debunking the outsider perspective of Houston as a city completely reliant on driving and one not caring about parks and greenspaces. We are tapping into the national movement seen in other major metropolises that are creating parks that will become important connectors for their cities. Blossom Parks Connector is another example of Houston moving into this urban design era. The project, designed by Houston Tomorrow, will ultimately link Memorial Park to Buffalo Bayou Park, giving pedestrians, cyclists, and runners a safe way to get from one park to the other.

Houston’s commitment to its parks and greenspaces has become quite obvious in recent years and it is great to see places all over the city where Houstonians can properly take advantage of the outdoors. This movement to now incorporate these parks and greenspaces into the city’s urban environment is truly exciting. Hopefully we’ll continue to see more and more examples of this in the coming years as Houston ushers in the urban design era.

Buying or selling a home or just want to discuss how Houston is reshaping its identity through landscape architecture? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
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see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

MAR
18

3 Bedrooms, 2.5 Baths, 10,200 SF Lot, Swimming Pool

Beautiful home with sparkling swimming pool completely taken to studs and renovated in sought after Lazybrook! New electrical, interior plumbing and AC. Wood floors throughout and comfortable open living concept. Timeless bathrooms with double vanities. Kitchen features shaker style cabinets, large island/bar open to living room with Carerra Marble counters and stainless steel appliances. Large 2-car garage with 2 storage rooms, work bench, shelves. Windows (2015). Patio Cool Deck & Roof new as of November 2015. Click http://goo.gl/PwV0UB for more info.

LIVING ROOM

 

KITCHEN

 

FORMAL DINING ROOM

 

MASTER BEDROOM

 

POOL

 

BACKYARD DECK

Buying or selling a home? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

MAR
11

After a string of months with declining home sales, Houston’s single-family home sales increased in February. This marked the first time since September of last year that the city’s year-over-year sales increased. According to HAR’s report for February, numbers were widely positive across the board. In addition to sales increasing, inventory levels rose, average price reached a new February high, and median price held steady.

The final quarter of 2015 was a brutal one for Houston’s housing market as home sales fell by about 10 percent in each of the final three months of the year. This is a major reason why sales decreased by 2.4 percent in 2015 as whole. January’s 2.1 percent decline was more encouraging, especially considering that it was up against 2015 numbers which were a January sales record. But, after four straight months of declining sales numbers, February’s increase in sales was a very welcome sight. Single-family home sales improved from 4,505 in February 2015 to 4,602 this February. That amounts to a 2.2 percent increase.

Average home price increased fractionally, seeing only a 0.5 percent increase, but at $260,872, it set a new record high for February. Where average home price essentially remained flat, median home price stayed completely level, equalling last February’s price of $200,000.

The number of active listings saw a noteworthy year-over-year jump from 27,990 last February to 32,914 this February. This comes out to a significant 17.6 percent rise. Single-family housing inventory also grew substantially, year-over-year, climbing to 3.4 months-supply after being at 2.7 months in February of last year. Even with that 30.5 percent increase though, Houston still sits well below the current national supply of 4.0 months. Days on the market edged up slightly in February, rising to 62 days compared to 61 days during February of 2015.

February’s numbers should be seen as fairly positive for a Houston housing market that was expected to falter in 2016. HAR Chairman Mario Arriaga echoes this sentiment, explaining, “so far in 2016, the Houston housing market has remained healthy despite the ongoing strains facing the energy industry.”

Looking to buy or sell a home, or just have questions about the market? Always feel free to contact me at 713.829.3052 or cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

FEB
29

3 Bedrooms, 2.5 Baths, 2-Car Attached Garage

Classic shades of grey add elegance to this Heights home with easy access to the Heights Hike and Bike Trail. Open living space on second floor bathed in great light from South facing view making for a stunning family gathering area. Bedroom and full bath with patio on first floor. Living, dining and kitchen on second floor. Master suite, third bedroom and laundry on third floor. Controlled access subdivision with small park and two more parks close by. Wide street provides easily accessible extra parking for guests. No water and sewer bill! It is paid by HOA. Click http://goo.gl/E3oPKJ for more info.

 

SECOND FLOOR LIVING AREA

 

KITCHEN

 

THIRD FLOOR MASTER BEDROOM

 

MASTER BATH

 

FIRST FLOOR BEDROOM

 

BACKYARD PATIO

Buying or selling a home? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

 

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

FEB
22

3 Bedrooms, 2.5 Baths, 10,200 SF Lot, Swimming Pool

Beautiful home with sparkling swimming pool completely taken to studs and renovated in sought after Lazybrook! New electrical, interior plumbing and AC. Wood floors throughout and comfortable open living concept. Timeless bathrooms with double vanities. Kitchen features shaker style cabinets, large island/bar open to living room with Carerra Marble counters and stainless steel appliances. Large 2-car garage with 2 storage rooms, work bench, shelves. Windows (2015). Patio Cool Deck & Roof new as of November 2015. Click http://goo.gl/PwV0UB for more info.

LIVING ROOM

 

KITCHEN

 

FORMAL DINING ROOM

 

MASTER BEDROOM

 

POOL

 

BACKYARD DECK

Buying or selling a home? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

FEB
22

HAR has released their report for January and the Houston housing market fared much better than expected. The ongoing freefall of oil prices has many wary about the state of the real estate market and predicting a correlating downfall in home sales and prices. January showed no major indicators of this though as it was a strong overall month. Single-family home sales were just off Houston’s January record while average and median home prices did set all-time highs for a January in Houston.

Single-family home sales dropped a bit, from 4,109 in January of 2015 to 4,024 this January. That amounts to a 2.1 percent decrease, but this year’s figure should still be considered fairly robust as 2015’s numbers were a record for sales in a January. While home sales declined slightly, the number of pending sales at month’s end were up significantly. There were 5,714 pending sales at the end of January 2016 compared to 5,237 pending sales a year earlier. This represents a 9.1 percent increase.

Average price for single-family homes saw a very incremental year-over-year increase of 0.3 percent from $261,913 to $262,663. This increase, however, meant a new record for average price in a Houston January. Median price for single-family homes also set a new January record. It rose 5.3 percent from $190,000 to $200,000. Single-family housing inventory increased a whopping 30.5 percent over January 2015, leaping from 2.5-months supply to 3.3-months supply. Even with the increase, Houston still has some work to do to catch up to the national supply of 3.9 months.

The predicted negative impact of sliding oil prices on the 2016 housing market was hardly felt in January, as the month’s numbers actually represent a fairly healthy market. HAR Chairman Mario Arriaga noted the resilience of the Houston housing market amidst the struggling oil sector. “A lot of folks have nervously anticipated that falling oil prices would have a devastating effect on real estate, but so far, the Houston market has weathered the energy downturn without dramatic shifts in sales and pricing.”

Looking to buy or sell a home, or just have questions about the market? Always feel free to contact me at 713.829.3052 or cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

FEB
19

3 Bedrooms, 2.5 Baths, 7,500 SF Lot

Lots of natural light floods this charming renovated and expanded (2012) classic Heights bungalow on a 7,500 square foot lot. It is blocks from 19th street shops, restaurants and the Hike and Bike Trail. Home includes two tranquil outdoor decks great for entertaining in addition to backyard all protected by a mosquito misting system. Garage can hold 2 cars, but has a single door (new door would need to be installed). Click http://goo.gl/IS3Nbq for more info.

FORMAL LIVING ROOM

 

KITCHEN

 

REAR DEN

 

MASTER BEDROOM

 

MASTER BATH

 

SIDE DECK

Buying or selling a home? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

FEB
18

I recently had the pleasure of attending a HAR event in which Dr. Ted C. Jones delivered a presentation on the Outlook of Real Estate and the Economy for 2016. Dr. Jones is the Chief Economist and Senior Vice President at Stewart Title Guaranty Company. He previously served as chief economist at Texas A&M University’s Real Estate Center. It’s always good to hear from a bright mind and simply take in all the knowledge and expertise they have to give. I’m excited to pass along to you a little of what I learned in this series of posts on his talk.

Dr. Jones’ talk was full of so many interesting and thought-provoking points, but I’d like to share with you just one final intriguing takeaway. Due to a few different factors, Dr. Jones explained that the entry level homebuyer is returning. When the new CFPB and TRID rules came out last October, there was widespread concern that it would negatively affect home buying. The return of the entry level homebuyer, however, suggests that this concern was overblown. The combination of high rental rates, affordable interest rates, and decreasing debt are all leading to a higher number of first time homebuyers.

Dr. Jones discussed how, with rents around the United States increasing, Millennials are beginning to take advantage of reasonably priced interest rates by purchasing homes. Houston is a great example of this trend. Living inside the Loop is becoming increasingly desirable, especially among Millennials. Rental rates have skyrocketed in sought-after Inner Loop locations though so purchasing a home has become a welcome alternative to renting. Dr. Jones did point out that, because too many Class A apartments have been built inside the Loop, prices are coming down a bit. That being said, he recognized that they are still high enough to drive Houstonians to buying entry level homes inside the Loop instead of renting.

This trend goes well beyond rental prices and interest rates though. A huge reason entry level homebuyers are returning is because they have less debt to pay off. Dr. Jones showed that in 2015, Americans were spending a lower percentage of their household disposable income on paying off debt than any time in the past 30 years! With less debt to worry about, Americans are much more inclined to buy their first home sooner. In Houston, if you are seeking out the lifestyle and amenities that come with living inside the Loop, you should give some serious thought to buying instead of renting.

Image Courtesy of Dr. Ted C. Jones

Looking to buy a home inside the Loop, or just have questions about the market? Always feel free to contact me at 713.829.3052 or cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

FEB
8

I recently had the pleasure of attending a HAR event in which Dr. Ted C. Jones delivered a presentation on the Outlook of Real Estate and the Economy for 2016. Dr. Jones is the Chief Economist and Senior Vice President at Stewart Title Guaranty Company. He previously served as chief economist at Texas A&M University’s Real Estate Center. It’s always good to hear from a bright mind and simply take in all the knowledge and expertise they have to give. I’m excited to pass along to you a little of what I learned in this series of posts on his talk.

In my previous posts on Dr. Jones’ talk, I highlighted what he had to say about jobs and the economy. His talk was not simply about jobs and the economy though. Much of it focused on the real estate market. One of the biggest takeaways from the real estate portion of his talk was that, despite all the negative headlines that have been thrown around, Houston’s real estate market actually has been doing just fine.

One figure Dr. Jones emphasized which illustrates the potentially surprising health of our city’s real estate market is that in 2015, Houston had its second highest number of home sales of all-time!

It feels like we heard a lot of talk about huge declines in sales, but at the end of the year, even with numerous months seeing year-over-year decreases, it all still added up to the city’s second best sales numbers ever. What we have to remember about all those headlines drawing attention to decreasing sales numbers is that 2015 was being compared to the record-setting 2014 sales.

The future of the market does remain uncertain though. Dr. Jones predicted that Houston home sales will decrease again in 2016. but he also touched on how the city’s home prices continue to rise. Moreover, he pointed out that the percentage of FSBOs or homes for sale by owner across the United States dropped to 8 percent in 2015, which was the lowest number ever. In an uncertain market, people are turning to realtors now more than ever. Properly pricing a home takes the help of an experienced professional and with FSBOs dropping to an all-time low, it appears that people are realizing this.

At a time when the market is continually shifting and adjusting, the value of a trusted realtor can make all the difference. As always, if you have any questions about the market whatsoever, don’t hesitate to contact me!

Images Courtesy of Dr. Ted C. Jones

Looking to buy or sell a home, or just have questions about the market? Always feel free to contact me at 713.829.3052 or cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
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see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

FEB
2

I recently had the pleasure of attending a HAR event in which Dr. Ted C. Jones delivered a presentation on the Outlook of Real Estate and the Economy for 2016. Dr. Jones is the Chief Economist and Senior Vice President at Stewart Title Guaranty Company. He previously served as chief economist at Texas A&M University’s Real Estate Center. It’s always good to hear from a bright mind and simply take in all the knowledge and expertise they have to give. I’m excited to pass along to you a little of what I learned in this series of posts on his talk.

One thing I found rather interesting about Dr. Jones’ talk was how he determines the health of the economy. Dr. Jones’ inventive approach actually involves looking at the number of leisure and hospitality jobs to ascertain how the economy is doing. For many of us, no matter if we were looking at the United States as a whole, or thinking more locally, this would be far from the first path we would go down when trying to decipher the state of the economy.

Dr. Jones’ method makes sense though. His reasoning is that people generally don’t spend a lot of money on vacations, club memberships, fine dining, and other things that may be seen as luxuries unless they feel good about the economy. Because of this, he rationalizes that the job numbers for leisure and hospitality industries are a good indicator of the economy’s health. If the economy is doing well and people are feeling good about it, they’ll spend more on those types of luxuries, thus making more jobs available for people working in hotels, clubs, restaurants and other like businesses. In maintaining with his theory, Dr. Jones’ statistics showed that leisure and hospitality jobs declined during the United States’ recent recessions.

With this background, Dr. Jones presented us with the leisure and hospitality job numbers for 2015. In the United States as a whole, the number of leisure and hospitality jobs increased 2.92 percent. In Texas, that number was even bigger, as it climbed 4.54 percent. Houston actually had an increase more impressive than both of those as the 12 month moving average showed a 6.33 percent increase over 12 months earlier. Based on Dr. Jones’ way of determining the state of the economy, these numbers suggest that 2015 ended up being a fairly good year!

Images Courtesy of Dr. Ted C. Jones

Looking to buy or sell a home, or just have questions about the market? Always feel free to contact me at 713.829.3052 or cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
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my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

JAN
29

I recently had the pleasure of attending a HAR event in which Dr. Ted C. Jones delivered a presentation on the Outlook of Real Estate and the Economy for 2016. Dr. Jones is the Chief Economist and Senior Vice President at Stewart Title Guaranty Company. He previously served as chief economist at Texas A&M University’s Real Estate Center. It’s always good to hear from a bright mind and simply take in all the knowledge and expertise they have to give. I’m excited to pass along to you a little of what I learned in this series of posts on his talk.

One of the biggest takeaways from Dr. Jones’ talk is that jobs are up, despite what seems to be the common assumption to the contrary. And not just up, but they are actually now the highest ever!

In the United States as a whole, based on statistics from the twelve months prior to the end of November 2015, the number of jobs were up 1.88 percent. With that increase, U.S. jobs grew to their largest number in history. And, maybe to your surprise, jobs were up in Houston as well. Increasing 0.88 percent in Houston over that same period, Houston jobs also reached their highest ever total.

Now this may not seem like a big deal to some of you as it only amounts to 23,600 net new jobs in the fourth largest city in America. But, while the number of jobs in Houston did not jump a remarkable amount over the last twelve months, they were still up over 2014, when it seemed like the city’s job growth was all you would hear about. In 2015, much of what we heard about in Houston is how oil prices were causing massive job losses. This naturally led many people to assume that jobs must have been down in our city over the past year. But Houston’s diverse economy still managed to deliver a rise in the number of jobs despite the struggling oil sector.

The layoffs in the oil industry have hit hard, and we cannot understate the impact as numerous Houstonians have lost their jobs. Dr. Jones cited 35,000 lost jobs in 2015, with most of those coming from the oil/drilling business. But some of those who lost their oil jobs were lucky enough to find new ones in the petrochemical industry. In fact, the surging petrochemical industry was one of the leading reasons why Houston jobs increased in 2015, as petrochemical job gains were able to largely offset the losses from the oil sector. It’s reassuring to know that, even in a year when much of the news was focused on lost jobs, Houston found a way to increase its overall number of jobs.

Images Courtesy of Dr. Ted C. Jones

Looking to buy or sell a home, or just have questions about the market? Always feel free to contact me at 713.829.3052 or cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

JAN
29

I’ll be showing two beautiful Heights homes this Saturday and I hope you’ll stop by and join me. This weekend’s forecast calls for another glorious Saturday so you might as well get out and take advantage of it. I’ll be at 1816 Arlington from 12-2 PM, and at 539 Merrill from 2:30-4:30 PM. I hope to see you Saturday!

1816 ARLINGTON

1816 Arlington is a gorgeous new Farmhouse Contemporary home in the Houston Heights. This home was built with LEED services and exceeding ENERGY STAR requirements with 3 rain barrels, a reflective roof and solar panels. Rich natural elements throughout the home stand out against the understated minimalist interior trim detail. Generous backyard leaves room for a pool and leads to an unfinished garage apartment. This home has stunning features inside and out that simply must be seen in person! Offered at $1,295,000. Click http://goo.gl/acFTMP for more info.

FRONT EXTERIOR

 

FOYER

 

KITCHEN

 

LIVING ROOM

 

MASTER BATH

 

BACKYARD

 

539 MERRILL

539 Merrill is a recently completed craftsman home in the Woodland Heights. High quality finishes are featured throughout this home, including Western Window Door systems, Ann Sacks, Porcelanosa tile, Kohler, and Thermador. Incredible refrigerated glass wine wall divides the kitchen and dining room. Covered patio looks out on spacious backyard. Come check out this home before it goes off the market! Offered at $1,449,900. Click http://goo.gl/TsHCq8 for more info.

FRONT EXTERIOR

 

KITCHEN

 

DINING ROOM

 

MASTER BEDROOM

 

MASTER BATH

 

BACKYARD

Buying or selling a home? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

JAN
20

3 Bedrooms, 2.5 Baths, 2-Car Attached Garage

Classic shades of grey add elegance to this Heights home with easy access to the Heights Hike and Bike Trail. Open living space on second floor bathed in great light from South facing view making for a stunning family gathering area. Bedroom and full bath with patio on first floor. Living, dining and kitchen on second floor. Master suite, third bedroom and laundry on third floor. Controlled access subdivision with small park and two more parks close by. Wide street provides easily accessible extra parking for guests. No water and sewer bill! It is paid by HOA. Click http://goo.gl/E3oPKJ for more info.

 

SECOND FLOOR LIVING AREA

 

KITCHEN

 

THIRD FLOOR MASTER BEDROOM

 

MASTER BATH

 

FIRST FLOOR BEDROOM

 

BACKYARD PATIO

Buying or selling a home? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

JAN
15

Houston’s 2015 real estate market certainly had the odds stacked against it. It was not only following a record-setting 2014, but was also up against plunging oil prices and extremely low housing inventory levels. All this seemed to be a recipe for a significant dropoff in numbers, but somehow the market actually finished the year with much better numbers than expected. The final quarter of the year was a torrid one for the housing market, but the overall numbers stood fairly strong in spite of that.

HAR just released their January report which covered December as well as 2015 as a whole. After a very strong September, October and November both saw double digit percentage drops in year-over-year single-family home sales. December was essentially more of the same with single-family home sales falling 9.7 percent, from 6,507 in December 2014 to only 5,879 this past December.

This exceptionally slow final quarter is part of what makes the overall numbers for the year so impressive. With such a slowdown in those last three months, a substantial dip in the comprehensive 2015 numbers was expected. And while there was a decline, it was not nearly as severe as had been anticipated. After a record 75,535 single-family homes were sold in 2014, that number only dropped 2.4 percent in 2015. Even with the downturn, 2015’s 73,724 single-family home sales rank as the second-highest annual total of all time in Houston.

While single-family home sales for 2015 did falter a bit, single-family home prices for the year actually moved in the opposite direction. Single-family average sales price rose 3.7 annually from $270,182 to $280,290. The median price for single-family home sales made an even bigger year-over-year jump of 6.5 percent, as the median price for all of 2014 was $199,000 compared to $212,000 for all of 2015. The total dollar volume for all properties sold in the year was also able to match 2014’s record of $23.5 billion.

Another noteworthy change in 2015 came in the form of housing inventory. Houston’s months inventory began the year at an all-time low of 2.5-months supply. That number grew a significant amount, peaking at 3.5-months supply during the summer before finally ending the year at 3.2-months supply. 2015’s final quarter may leave a bad taste in our mouths, but looking at the numbers as a whole, and considering all the obstacles standing in the way as the year began, 2015 should be seen as a pleasant surprise.

Looking to buy or sell a home, or just have questions about the market? Always feel free to contact me at 713.829.3052 or cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

JAN
14

After showing signs early in the year of being able to keep up with 2014’s historic home sales, numbers in Houston tailed off in the back end of 2015. Sales numbers in the Heights took a hit as well, falling significantly in the last couple months of 2015. Average days on the market in the Heights also increased for the second straight year. The 2015 numbers were not all bad in the Heights though as the average sales price and average sales price per square foot in the area both set all-time records.

As I mentioned in an earlier post, through three fourths of the year, the Heights 2015 sales numbers were holding their own against a very strong 2014. Through September 2015, year-to-date home sales in the Heights were only down 3.4 percent. The last quarter of 2015 was not kind to the Heights though and sales numbers took a significant dip. By year’s end, the number of homes sold in the Heights had fallen 10.5 percent from the previous year. 2014 saw 668 homes sold in the Heights, whereas the final tally for 2015 was only 598 homes sold in the area.

With less homes being sold, the annual average for days on the market (DOM) in the Heights increased in 2015. It leapt from 37 DOM in 2014 to 47 DOM this past year. This comes out to a noteworthy year-over-year jump of 27 percent. There is a silver lining though, as despite the considerable year-over-year increase, this average DOM is still lower than every year in the past decade besides the robust years of 2013 and 2014.

The average price of homes sold in the Heights in 2015 represents a positive for the market. The average 2015 sales price in the area was actually noticeably higher than in 2014. The 2014 average sales price came in at $601,470 versus $634,977 in 2015. That amounts to a 5.6 percent year-over-year increase. Average sales price per square foot also rose once again, climbing 2.1 percent from $275.27 in 2014 to $281.09 last year. Not only were these both year-over-year increases, but they set new records for the Heights.

Looking to buy or sell a home, or just have questions about the market? Always feel free to contact me at 713.829.3052 or cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

JAN
6

3 Bedrooms, 2.5 Baths, 2-Car Attached Garage

Classic shades of grey add elegance to this Heights home with easy access to the Heights Hike and Bike Trail. Open living space on second floor bathed in great light from South facing view making for a stunning family gathering area. Bedroom and full bath with patio on first floor. Living, dining and kitchen on second floor. Master suite, third bedroom and laundry on third floor. Controlled access subdivision with small park and two more parks close by. Wide street provides easily accessible extra parking for guests. No water and sewer bill! It is paid by HOA. Click http://goo.gl/E3oPKJ for more info.

 

SECOND FLOOR LIVING AREA

 

KITCHEN

 

THIRD FLOOR MASTER BEDROOM

 

MASTER BATH

 

FIRST FLOOR BEDROOM

 

BACKYARD PATIO

Buying or selling a home? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

NOV
19

3-5 Bedrooms, 2.5 Baths, 2 Bedroom Garage Apartment, Pool, 13,200 SF lot

Fully restored, quintessential Queen Anne with wraparound porch on 13,200 SF lot with screen porch, brick patio, arbor, oversized garage, 2 bedroom garage apartment and pool zoned to Harvard Elementary School. Rare vintage stove, hexagon tile countertops, soapstone island with storage and floor-to-ceiling cabinets. Original trim and baseboards, dramatic cathedral vault ceiling in dining room, exposed rafters in family room and restored antique lighting are just some of the details making this beautiful, family-ready home one-of-a-kind. Click http://goo.gl/QEOInR  for more info.

Formal living room has antique sconces from August Antiques and opens to the wraparound porch.

 

View from the second floor landing of the formal dining room which sits under a dramatic cathedral stained wood ceiling.

 

View from kitchen looking towards family room with exposed rafters.

 

Master bedroom on 1st floor with multiple tall windows that bring light into the room. Custom grass dark-out shades provide the opposite effect.

 

Magnificent saltwater pool with hot tub and sun shelf surrounded by brick patio.

 

Herringbone brick patio provides a great space for summer BBQs. Wide variety of trees including live oaks, olive trees, red oaks, lemon tree, magnolias, Mexican sycamore and crepe myrtles. 

 

Garage apartment has 2 bedrooms and 1 full bath. All appliances stay including fridge. Butcher block countertops provide a nice setting.

Buying or selling a home? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

...............................................................................................
visit my entire blog at http://blogs.har.com/cynthiamullins

client experience rating: http://goo.gl/bCoMo
email cynthia@cynthiamullins.com
follow me at www.twitter.com/cynthiamullins
friend me at www.facebook.com/cynthiamullins1
my stats: http://goo.gl/hFWEoR

see what people like about the Heights and what they think is its best kept secret at www.youtube.com/cynthiamullins

Houston condominiums, Houston high-rises, Houston home builders, Houston home prices, Houston home rentals, Houston home value, Houston homes, Houston homes for rent, Houston homes for sale, Houston house, Houston house value, Houston houses, Houston housing, Houston listings, Houston MLS, Houston neighborhoods, Houston new homes, Houston properties, Houston property, Houston real estate, Houston real estate agents, Houston real estate associates, Houston real estate brokers, Houston real estate companies, Houston real estate firms, Houston real estate information, Houston real estate listings, Houston real estate market, Houston real estate schools, Houston real estate service providers, Houston real estate solds, Houston real estate values, Houston real estate, Houston realtors, Houston relocation, Houston schools, Houston single family homes, Houston sold home prices, Houston sold homes, Houston subdivisions, Houston town homes, Houston heights real estate housing market homes for sale buying selling inner loop properties Houston Texas TX OPEN Houses 1545 Heights Boulevard, Houston, TX 77008 77007 77009 Houston heights realtor Woodland Heights Norhill Sunset Heights HISD Hogg Middle School IB Program Harvard Elementary Hamilton Middle School Reagan High School

NOV
18

Yesterday, I had the privilege of touring the Houston TranStar center with many of my fellow agents in a tour organized by Boulevard Realty. For those of you who aren’t familiar, TranStar is a partnership of four government agencies (TxDOT, Harris County, METRO and the City of Houston) that are responsible for providing Transportation Management and Emergency Management services to the Greater Houston Region. This unique combination allows TranStar to efficiently and effectively pull resources so as to provide Houston with excellent and innovative transportation and emergency management services. TranStar was the first center of its kind, and today is still one of only five such facilities in the country. The four other similar sites are in New York City, Los Angeles, Austin and Louisiana.

Having graduated from Texas A&M with an Electrical Engineering degree, the engineering marvels displayed by TranStar’s Transportation Management are especially impressive to me. To see such large scale engineering feats all headquartered in one place is incredible. As the dispatch for METRO, the sheer volume that TranStar is monitoring is massive. Each day they are keeping track of 45,000 light rail passengers and over 1,100 buses during rush hour. Just to give you an idea of how large of an area they are monitoring, Harris County is larger than 23 U.S. states and is the 3rd most populous county in the nation.

TranStar is monitoring even more than just Harris County though. They know the speed on the Interstate all the way to Dallas to the north, Luling to the west, and the Louisiana border to the east. This means that, each and every day, they are tracking 83 million miles. That’s the equivalent of about 3,400 trips around the earth! Monitoring all this land means that TranStar is able to quickly deal with issues on the road not only in the Houston area, but all vehicles in TxDOT’s six county Houston District. This means doing things such as sending vehicles to remove debris or hazardous materials, giving emergency vehicles the most direct routes to an accident scene, and sending trucks to stalled vehicles. TranStar has a 98 percent success rate of getting a vehicle to these scenes in just six minutes. This has helped contribute to cutting traffic accidents by about 20 percent.

Letting the public know about drive times and traffic alerts is another valuable service of TranStar’s Transportation Management. On the road, this is done through Dynamic Message Signs (DMS), which is the fancy name for those roadside signs you see on highways that estimate drive times and notify you of issues ahead. TranStar updates these about every seven minutes. TranStar’s Traffic Map, which can be accessed on their website, shows things such as road closures, traffic incidents, and travel speeds. Average highway travel speeds of 50 MPH or greater are indicated with the color green, 40-49 MPH with blue, 30-39 MPH with yellow, 20-29 MPH with orange, and less than 20 MPH with red. TranStar shares their data with companies like Google in exchange for public service announcements. So that is where your Google Map drive times come from!

You’re probably wondering how TranStar is able to figure out things like travel speeds and estimated drive times. They uses a few different tools to get this data. In the past, EZ TAG sensor tracking was the primary source for determining this information. Various EZ TAG sensors are set up throughout the Houston area so time passed between sensors can be measured. This gives a representative sample that can then be used to extrapolate average speeds and travel times, and expected drive times. This actually is a rather inefficient method because it is very expensive and gives too small of a sample size due to the fact that many vehicles don’t have EZ TAGs. In an effort to significantly cut costs and access a larger group, TranStar recently began making use of Anonymous Wireless Address Matching (AWAM). Roadside AWAM sensors use enabled Bluetooth in things like cell phones, in-vehicle navigation, and mobile GPS systems to anonymously track the Bluetooth device’s electronic address which, like with the EZ TAG method, then allows average speeds, average travel times, and expected drive times to be calculated. The inherent value of the Bluetooth process is clear as each sensor only costs $7,500 versus $75,000 per sensor for the EZ TAG process.

The expansive engineering feats of the Transportation Management division of TranStar are what most impressed me, but it is important to note the benefit of having the Harris County Office of Emergency Management (OEM) and Transportation Management all in one place. The OEM is there to help coordinate a quick response when emergencies like hurricanes, floods or terrorist attacks arise. TranStar’s innovative combination allows OEM and Transportation Management to combine resources and work together in responding to emergency situations. This makes Houston especially well-equipped to handle emergency situations that may require evacuation.

Interesting in learning more about TranStar? Click here.

Buying or selling a home or just want to discuss TranStar? Give me a call at 713.829.3052 or email me at cynthia@cynthiamullins.com.

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