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December 29, 2007

Houston Showing Strong Consistency

Filed under: Houston Condos — Frogman235 @ 8:50 am

MosiacMany condo markets across the nation are showing relatively healthy values and inventories as opposed to other cities that have been flooded with investors. Cities in
Texas like Dallas, Austin, and Houston are some great examples of these consistent markets. Values typically grow at traditional levels and do not fluxuate too violently.

Over the past three years, Houston homes and
Houston condos
have sold at steady and increasing volumes. According to the Houston Association of Realtors, homes sales rose 2.7% in April as compared to April of last year. Although inventory levels have risen for homes and condos just like other markets, there remains a tremendous strength in sales for homes at the $400,000 and up values.


Houston condos from the mid $100’s and lower have been hit harder mostly because of sub-prime lending. Lenders have been putting people into homes they can’t afford using various loan products such as negative amortizing loans. This is not confined to the Houston market of course…this has been going on for a few years where banks are putting buyers in the wrong type of loan product.

Some of the hot new developments taking advantage of Houston’s steady market include Mosaic of Houston and 3525 Sage Condominiums. Mosaic is comprised of two ultra-modern high-rise towers of 30 stories each, 792 units, and offer new condos from $164,000 to over $1 M. The location is unbeatable…The city center: a mile and a half away. The Texas Medical Center and Rice University: less than a mile. The historic Museum District: a stone’s throw. The 445-acre park: it’s your yard!

Mosaic’s forceful exterior of steel and glass is just the beginning…the interiors have modern and stylish finishes and open floorplans. Mosiac offers 24/7 professional concierge services. Aside from all the great amenities are the great prices. That is what a healthy real estate market can offer. Fewer peaks and valleys…just gradual appreciation.

Look What’s Happening in Houston

Filed under: Houston Condos — Frogman235 @ 8:50 am

We are working with sales and marketing groups such as Condo Smart Realty among others to promote new developments in Houston, Texas. We are currently featuring new Houston condos such as 3525 Sage Condominiums, City Plaza Town Square, The Valencia by Choice Condominiums, Mosaic of Houston, 7575 Kirby, and many more…

The Houston real estate market is feeling the pressure just like the rest of the country, but there are some great projects and it is definitely a buyer’s market for those looking for a new home told hold for a long time. 3525 Sage, for example, offers effortless resort lifestyle from only $160K. The property is in Houston galleria district and offer such amenities as morning coffee services and continental breakfast, 24-hour conciegre, and dry-cleaning services. The development is 17 stories tall and houses 290 units.

Mosaic of Houston is another fantastic project in Houston’s Herman Park area. The project consists of two 30 story towers of steel and glass. 792 homes are available at this modern residence ranging from $164K to over $1 Million. Mosiac has breathtaking views and exquisite interiors for an incredible value. The world famous Texas Medical Center is just a stones through away.

See more about these developments at Houston Condos.


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