On Wednesday November 17, 2011 the Asian American Real Estate Association (AAREA) will be hosting their final luncheon of the year. The agenda will be packed with sponsors, a great topic, and a general meeting to announce new candidates for the 2012 Board of Directors. There could also be an announcement about who will be the 2012-2014 President *wink, wink*
This luncheon topic will cover the latest technology and tools available to real estate agents from the Houston Association of Realtors. The presentation will be from Danny Frank the Houston Association of Realtors Vice Chair, and Houston Association of Realtors Technology Committee Chair.
A few weeks ago Danny gave me a sneak peek preview of all the latest tools, apps, and customizations HAR has integrated into its MLS system. It's no secret that the Houston Association of Realtors MLS systems is one of the best in the country, and they have improved its potential even more this year.
I know this is a last minute post, I just got this in my email from a colleague. As a local Realtor who can resist the Hunting for Homes event?
Tomorrow Saturday November 5, 2011 the animal service agencies in Fort Bend County are hosting a mega-adoption event on Saturday, Nov. 5. The event, dubbed "Hunting for Homes" will take place at the Fort Bend County Fairgrounds from 10 a.m. to 6 p.m.
Officials are hoping to find loving homes for as many dogs and cats as possible, and also to show the positive and rewarding aspects of adopting a shelter animal. Adoptable dogs and cats will be brought to Hunting for Homes by the animal services agencies of Sugar Land, Rosenberg, Missouri City, Stafford and Fort Bend County.
The adoption fee for all animals is just $30 and includes a wellness check, spay or neuter surgery, initial vaccinations and micro-chipping. Senior citizens can adopt a pet for just $15.
Agencies are asking for both monetary and supply donations, so they can continue to serve the homeless animals of Fort Bend County.
Supplies needed include large wire pet crates, flea medication and cleaning supplies.
Monetary donations can be made by sending a check to:
Fort Bend County Animal Services
1201 Blume Road
Rosenberg, TX 77471
Please make checks payable to Fort Bend County and include "Hunting for Homes" in the memo line. Monetary donations will be used to pay for spay or neuter surgeries and micro-chipping.
If you have been thinking about a pet, consider adopting a pet from a shelter and save an animal that needs good home. If you have been thinking about real estate, consider working with Mike Wong of Keller Williams Realty.
The event benefits: East Fort Bend Human Needs Ministry, Fort Bend Family Promise, and the Fort Bend County Women's Center. Tickets for the event are $30.
Starting at 5pm the Ballroom will open for the tasting event featuring over 20 local restaurants. There will be live music performances, and both a silent and live auction. For more information please visit: tasteofsugarland.com or call 281-240-3195.
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State |
$5.97 |
-0.3% |
-1.6% |
||||
|
|
$6.19 |
-0.4% |
-3.3% |
||||
|
|
$6.03 |
-0.1% |
-2.6% |
|
$5.94 |
-0.1% |
-2.7% |
The average asking rental rate per sq ft/year for Industrial properties in Houston, TX as of July 11 was $5.94. This represents a decrease of -0.1% compared to the prior 3 months, with a decrease of -2.7% year-over-year. County-wide, average rental rates in Houston are -0.1% lower at $6.03 per sq ft/year for Industrial properties currently for lease.
|
State |
|
+0.2% |
-0.2% |
||||
|
Metro |
$61.00 |
+1.0% |
+0.0% |
||||
|
County |
$61.00 |
+0.5% |
-0.1% |
City |
$61.00 |
-0.2% |
-3.9% |
Current Houston market trends data indicates a decrease of -0.2% in the median asking price per sq ft for Industrial properties compared to the prior 3 months, with a decrease of -3.9% compared to last year's prices. County-wide, asking prices for Industrial properties are 0.5% higher at $61 per sq ft compared to the current median price of $61 per sq ft for Industrial properties in Houston, TX.
|
State |
$44,677 |
+0.3% |
+4.2% |
||||
|
Metro |
$42,857 |
+3.1% |
+5.6% |
||||
|
County |
$42,018 |
+1.9% |
+4.4% |
City |
$43,342 |
+0.8% |
+1.2% |
Current Houston market trends data indicates an increase of +0.8% in the median asking price per unit for Multifamily properties compared to the prior 3 months, with an increase of +1.2% compared to last year's prices. County-wide, asking prices for Multifamily properties are 1.9% higher at $42,018 per unit compared to the current median price of $43,342 per unit for Multifamily properties in Houston, TX.
|
State |
|
-0.2% |
-0.8% |
||||
|
Metro |
$16.06 |
+0.2% |
-1.5% |
||||
|
County |
$15.91 |
+0.1% |
-1.6% |
City |
$15.97 |
+0.1% |
-1.3% |
The average asking rental rate per sq ft/year for Office properties in Houston, TX as of July 11 was $15.97. This represents an increase of 0.1% compared to the prior 3 months, with a decrease of -1.3% year-over-year. County-wide, average rental rates in Houston are +0.1% higher at $15.91 per sq ft/year for Office properties currently for lease.
|
State |
$113 |
-0.2% |
-4.0% |
||||
|
Metro |
$118 |
-0.6% |
-3.4% |
||||
|
County |
$117 |
-0.9% |
-3.4% |
City |
$114 |
-2.0% |
-5.0% |
Current Houston market trends data indicates a decrease of -2.0% in the median asking price per sq ft for Office properties compared to the prior 3 months, with a decrease of -5.0% compared to last year's prices. County-wide, asking prices for Office properties are -0.9% lower at $117 per sq ft compared to the current median price of $114 per sq ft for Office properties in Houston, TX.
|
State |
$14.28 |
-0.4% |
-0.6% |
||||
|
Metro |
$14.42 |
0.0% |
+0.7% |
||||
|
County |
$14.21 |
+0.1% |
+2.3% |
City |
$14.44 |
+0.4% |
+4.5% |
The average asking rental rate per sq ft/year for Retail Commercial properties in Houston, TX as of July 2011 was $14.44. This represents an increase of 0.4% compared to the prior 3 months, with an increase of +4.5% year-over-year. County-wide, average rental rates in Houston are +0.1% higher at $14.21 per sq ft/year for Retail Commercial properties currently for lease.
|
State |
$114 |
+0.3% |
-7.2% |
||||
|
Metro |
$128 |
-0.6% |
-9.0% |
||||
|
County |
$130 |
-0.5% |
-8.8% |
City |
$137 |
-1.5% |
-6.4% |
Current Houston market trends data indicates a decrease of -1.5% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with a decrease of -6.4% compared to last year's prices. County-wide, asking prices for Retail Commercial properties are -0.5% lower at $130 per sq ft compared to the current median price of $137 per sq ft for Retail Commercial properties in Houston, TX.
My client just GAVE away his
$2,000,000 listing...
Saturday afternoon I learned my commercial listing portfolio was going to change in a way it never has before.
I received a phone call from one of the ownership partners of a commercial property to inform me they have decided to donate the land to a church.
I have had this listing for a while now. We reduced the price from $2.5M last year to $2M this year. We added a $100,000 bonus + 3% commission and I rolled out a very aggressive marketing campaign that generated over 100 calls in the first week.
At first I did not know how to respond. One part of me was in denial looking for an alternative buyer and to recoup my marketing expenses. The other part of me wanted to just sit back and admire my clients for a moment. This is one of the most unselfish things I have ever had the opportunity to witness in this industry.
This client is no stranger to my blog. I have written about my time with him before. I only Play the Lottery When It's Over $100 Million Dollars. This decision does not suprise me, and if you read my story about him you would understand why I should have seen this coming.
In a nation being affected by a recession and uncertain economic times, where many are saving and watching their spending closely, I'm honored to be working with someone who is willing to give so freely.
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