pid=2141Houston Real Estate Highlights for December and Full-Year 2024:-Following two consecutive years of declines, single-family home sales rebounded in 2024 with 85,163 single-family homes sold compared to 84,038 in 2023 an increase of 1.3 percent; -Total property sales for full-year 2024 were statistically flat at 101,864 units while the total dollar volume increased 3.1 percent to $41 billion;-December single-family home sales climbed 16.3 percent year-over-year with 7,162 units sold;-Total December property sales increased 13.6 percent to 8,478 units;-Total dollar volume for December rose 20.5 percent to $3.5 billion;-The single-family home median price edged up by 1.3 percent to $334,290 while the average price increased 5.0 percent to $425,150;-Single-family homes months of inventory expanded to a 4.0-months supply;-The townhome/condominium market experienced declining sales throughout 2024, and in December, volume declined 5.8 percent, with the average price up 2.5 percent to $268,152 and the median price statistically flat at $234,250;-Townhome/condominium inventory improved from a 3.5-months supply to 5.4 months.

Last week, we closed on our biggest wholetail deal ever, and the results speak for themselves. After waiting out a lengthy eviction and doing nothing more than a clean-out, we listed it with a realtor—and walked away ...

I am not going to move into a dormitory style house and raise my two year old in a location with poor schools and incredibly dense housing, unless I have no other option. 

Happy New Year 

My son is 22 years old and leading his 2nd large rehab (1st was about $40k, 2nd will likely be $50k).  

The property is livable, but I am account for a pretty significant turn in 4 - 7 years of paint, flooring, and any miscellaneous repairs that the inspector could have missed since it was occupied.

Personally, I like Pace and think he is a smart guy who cares about helping people, but the empire has overtaken the vision.

This TDR is a new program that has been in development for 30 years and should ignite into an active free market for credits this coming July 15.

Think about where this country was 200 years ago and compare it to now.

I love to think about my vision in the ABZ format:A = Where am I right nowB = What is my most important next stepZ = What's my final destinationI try to avoid thinking or worrying about cdefg, which is almost exactly what you are doing!