May 2010 
There are 2 blog entries for May 2010.
May 24, 2010-Mortgage rates drops to the lowest in 50 years!!
Monday, May 24th, 2010 at 8:43pm. 112 Views, 0 Comments.
With a hot Houston real estate market and the lowest interest rates in 50 years, now is the time to buy. Experts agree that the rates will most likely not stay low and could move up again fairly quickly.
To get started on your houston home investment, contact Erika McCann/Broker/Owner @ 832-244-0029 or Erika@McCannProperties.com
April, 2010-Houston Real Estate Market is Hot!
Sunday, May 23rd, 2010 at 2:18pm. 110 Views, 0 Comments.
Single-family home sales rose 26.7 percent;
Total property sales increased 26.7 percent;
The average price of a single-family home appreciated for a seventh straight month by 6.8 percent to $206,414—the highest pricing level for an April in Houston;
The median price of a single-family home rose for the 12th consecutive month, by 2.4 percent, to $153,500— the highest dollar figure for an April in Houston;
6.5 months inventory of single-family homes compares favorably to the national average of 8.0 months;
Townhouse/condominium sales increased 25.7 percent;
Total dollar volume climbed 34.8 percent, reaching $1.2 billion
Sales of all property types in Houston for April totaled 6,200, up 26.7 percent compared to April 2009. Total dollar…