Jorge Verar, Commercial Real Estate Broker

Houston Area Home Prices Soar In July As Property Sales Record Another Monthly Drop - The average price of a single-family home sees its biggest increase in more than two years; median single-family home pricing hits a record high.

This is what HAR announce today.. “As we approach the one-year mark from when property sales began to slow, we continue to note positive signs in the form of strong pricing and stabilizing inventory,” said Michael Levitin, HAR chairman and principal of HTownRealty.com. “Consumers from across the country and around the world are setting their sights on Houston, Texas as an extremely desirable place to buy a home during these challenging economic times.”

At $226,072, the average sales price for single-family homes reached the second highest level on record in July, increasing 8.0 percent from the same period last year when it was $209,264. That’s the biggest pricing increase since June 2006. The overall median price of single-family homes in July was $161,370 compared to the national single-family median price of $206,500 reported by the National Association of REALTORS?. These data continue to underscore the higher value and lower cost of living that prevail in the Houston market.

For more detailed Houston Association of Realtors Press release Click Here

Well this is a great indication of what the market in Houston are, we are still in a great situation compared to many other cities.

If you are a buyer still undecided to buy now or wait.. just look around you.. there's few buyers, more sellers - if you have been looking around you know that --in Houston today there are better deals we have not seen before. Do you think the prices are going to go down soon ? not likely - with drop in sales prices coninue to go up-- then what if demands increase ? I am sure prices will coninue to rise.. basic economics tells me that...

If you are a Realtor doing Residential in Houston, this year could be your best year ever. get out there grab those buyers, they simply need to know that its okey to buy now...

If you are an investor this is a great opportunity.. to buy rental properties, To Flip... buy and hold...

If you keep on doing what everyone else is doing you would end up like everyone, (complaining about bad market) time to get out of the group, refocus on your market and see why are you not part of the transaction that occurs every month - no matter what the market is there's always a Home being sold monthly - In Houston it is an average of 6,000 a month in slow market.. How many did you participate in ?

Travelling to Houston Soon ? Hate having your lunch in an airport - Well soon you will be delighted to visit our airport.

Houston will have food from FRESH and FAST to HIGH CUISINE. Catering to the tastes of passengers from around the world, George Bush Intercontinental and William P. Hobby airports are redefining the characteristics of good flavor.

Over the course of the next 12 months-plus Houston’s airports will be introducing a variety of new appetizing options for your dining pleasure at the airport. From the healthy and light Colombo Yogurt to the multiethnic breads at Panapolis, travelers will find something for everyone – even the pickiest of connoisseurs.

The Houston Airport System (HAS) is embarking on an ambitious plan to renovate and improve the selection of concessions at George Bush Intercontinental (IAH) and William P. Hobby airports. It is a massive undertaking that airport authorities say is the result of consumer demand and preference.

Now that's something good happening in our backyard..

Did you know that Houston is Preparing for 2020, when more than 80 million passengers will travel through Houston's airports annually.

We are grwing and our properties are going up...

Texas is known for having the biggest of the big. In Houston, that includes the airports and their acreage, which can bring in extra revenue.

When you think of an airport, you think of airplanes, flight attendants, security lines, maybe some unique shopping opportunities - but, hay? These days big round bales and neatly stacked squares of hay can be seen from the roads at both George Bush Intercontinental Airport (IAH) and Ellington Field (EFD).

It started as part of an employee suggestion program with an idea to use the open land around IAH and EFD to grow and sell hay in order to generate revenue for the Houston Airport System (HAS).

The employee who suggested the program is the airport system’s director, Richard Vacar, who also owns horses and knows quite a bit about buying and selling hay.

“We’re always looking for ways to better our airport and to create additional sources of revenue,” says Vacar. “The thought came to me - I make hay off of my land by selling hay, just imagine how much money we can make out here with hundreds of acres of open land. We could be the Wal-Mart of the hay business!”

Of the 10,000 acres that comprise IAH, 250 acres are presently being used to harvest hay and 50 of the 2,500 acres at EFD are being used.

Right now most of the hay is a low grade Bermuda grass mainly used to feed livestock such as cattle.

A higher grade of hay – fed mainly to horses - called Tifton 85 is also being harvested in smaller quantities. Tifton 85 is a hybrid Bermuda grass developed by the United States Department of Agriculture's Agricultural Resource Service (USDA-ARS) in cooperation with the University of Georgia Coastal Plain Experiment Station.

The hay program began in 2006 with HAS working with contractors to cut, bale and sell the hay; but HAS decid

ed to purchase specialized equipment like a few agricultural tractors and a bale wagon, so airport employees could get the work done. “Our team is working hard to get hay produced and we’re finally starting to get into the groove of things," says T

errance York, senior superintendent of airfield and grounds.

for more on this visit : Houston Airport System

Now I can proudly say only in HOUSTON.... we sell HAY IN OUR AIRPORT...