Pamela Archer's Blog

The New Year brings a time for new homeowners to be reminded to file their Homestead Exemptions. Each year, beginning in January, I send letters and emails to our clients reminding them to do so, along with information and instructions. New requirements this year that could cause some anxiety is that homeowners must provide more documentation to qualify for the exemption. The change requires homeowners to produce Texas Drivers licences or Texas ID cards that show the phyical address of the property, AND, copy of their vehichle registrations with the property physical address. The addresses must match the phyical address of the property applying for the exemption. As such, it is important that new homeowners change their drivers licenses and vehicle registrations as soon as possible. Homestead Exemption applications may be filed from January 1 through April 30 to be applied for 2012.
For more information about homes in the Bay Area of Houston, contact Pamela Archer, Archer Group with Remax Space Center. Their website is www.RelocateClearLake.com. Direct line: 281-204-1110.

LEAGUE CITY will be having a VETERAN’S DAY ceremony Friday @ 11 a.m. Nov. 11th at the Sportplex off Link Rd. Mayor Timothy Paulissen will read a proclamation recognizing all our VETERANS for their service to our country.

If you are a Veteran or have a Family member who is a Veteran, please attend!

I’m taking my 87 yr young Dad, Roy Kenneth Archer, who is a WWII Veteran – US Navy. He’s been looking forward to this observance, and hopefully meeting other WWII Veterans that may be in attendance.

God Bless our Brave Men and Women, and May God Bless America.

DR Horton and Village Builders are joining Coventry Homes and Newmark Homes to build at Edgewater, a new 538-acre master-planned community in Webster. Marina View, a 40-townhome development, will be built by Village Builders; homes will range in price from the $280’s with floor plans from 1,900 to 2,800 SF with rear-entry garages. DR Horton plans to build homes on cul-de-sacs from the $170’s featuring 3 bedrooms plus a study.

New apartments are being built near the Southdown Trace subdivision, along the east side of Beltway 8 just north of the Gulf Freeway.

Bayou Lakes, Section 1, in Dickinson is 100% built out (154 lots). Section 2 infrastructure should be underway in September; 58 lots are scheduled to be for sale in January, 2012. Brighton Homes will be building in this section; prices will start in the low $200,000s. Location is the south side of FM 517.

For more information regarding real estate in the Bay Area of Houston, contact Pamela Archer, Archer Group with Re/max Space Center. Visit her website: RelocateClearLake.com. Direct contact: 281-204-1110.

Information courtesy of Barbara Cutsinger with Bay Area Houston Economic Partnership.

According to the Houston Association of Realtors statistics just released, the third consecutive monthly home sales increase appears more dramatic because of the lingering effects of the 2010 tax credit.

August sales of single-family homes climbed 30.2 % compared to last year. All segments of the housing market, from the sub-$80,000 to the $500,000 plus, experienced positive sales in August. On a year-to-date basis, sales rose 1.8 %. Compared to August of 2009, a year with no unusual market influences such as Hurricane Ike in 2008 and the 2010 tax credit, single-family home sales were up 10.4 %.

For more information on available homes for sale in our area, contact Pamela Archer, Archer Group with Re/max Space Center.
Direct Line: 281-204-1110 or Visit Pamela’s website at www.RelocateClearLake.com .

Home sales eased in June as contract cancellations spiked unexpectedly,   according to the National Association of Realtors. Nationally, total sales which included single-family, townhomes, condos, declined 0.8  % .   Gain in sales  in the South and Midwest were offset by declines in the Northeast and West.Single-family home sales were stable while the condo sector weakened.According to Lawrence Yun, NAR chief economist,   œHome sales had been trending up without a tax stimulus, but a variety of issues are weighing on the market including an unusual spike in contract cancellations in the past month, he said. œPending home sales were down in April but up in May, so we may be seeing some of that mix in closed sales for June. However, economic uncertainty and the federal budget debacle may be causing hesitation among some consumers or lenders.For more information on the local market of the Bay Area/Houston, TX,   contact Pamela Archer, Archer Group with Re/max Space Center.   Their Direct line:   281-204-1110.

According to the latest monthly data compiled by the Houston Association of REALTORS ® (HAR), June sales of single-family homes edged up 0.6%  from one year ago. This represents the first increase, though infinitesimal,  since January of this year.

Homes in the under $80,000 segment,   as well as homes priced $250,000+   experienced increased sales. Unfortunately, the   middle range   i.e. $80,000   to   $250,000  saw a decline.

Foreclosures comprised 18.7 percent of all property sales, which is actually down from 19.8% in May, 22.0% in April, and 23.5% in March. The median price of June foreclosures declined 7.5% to $81,000 on a year-over-year basis.

For more information on the real estate market in the Greater Bay Area Houston area,   contact Pamela Archer, Archer Group with Re/max Space Center.   Direct line is:   281-204-1110.      Pamela’s Re/max website is:     www.PamelaArcher.RemaxTexas.com  .   Her personal website is: www.RelocateClearLake.com.   Call or click today.

Labor Department released the monthly employment numbers …and what a SHOCK!   Economists had expected the number to show 125,000 newly created jobs, but the number was  a mere 18,000 new jobs.

 It is even more evident now that ever before that the “stimulus” ( artificial economic inducement ) was  a complete  waste of our tax dollars.

 Stocks tanked earlier today (July 8, 2011)  but have recoved some of the losses now trading down just 65 point ( DOW ) after being dropping 150 pts right after the employment numbers were released.   However, the silver lining is the poor employment report bodes well for bond prices and interest rates.  

While interest rates are low and home inventory is high,   now is THE time to purchase a home.

For information on real estate in the Clear Lake, League City, Seabrook, Kemah, and Friendswood areas,   contact Pamela Archer, Archer Group, with Re/max Space Center.  

 Direct phone #:   281-204-1110.         www.RelocateClearLake.com

 Our Clear Lake area of Houston provides a friendly environmnet where you can support each other in a variety of venues.

One upcoming event which is part of the ‘We Care Events’,   is the American Spirit Freedom Celebration 2011. The purpose is to honor the Citizen US Marine and the US Sailors and families of the 1st Battalion 23 Marine Regiment -aka-   The Lone Star Battalion.    There will be a Patriotic Boat Parade on Clear Lake and Galveston Bay in addition to an auction benefiting Lone Star Veterans Association. Boaters and passengers will compete for the best decorated vessel as well as best patriotic attire.  

The date is Saturday, June 25th, 2011 11 am to 5pm. For additional information and boaters registration, visit www.wecareevents.com

For more information about homes in the Clear Lake area of Texas,   call or click Pamela Archer, Archer Group with Re/max Space Center.   Her direct line is 281-204-1110.   Email her at Pamela@RelocateClearLake.com.

While single-family home sales declined by 14.2% from April 2010,   demand for single-family home rentals  soared to 27.9% .

According to the latest data compiled by our Houston Association of Realtors, the April home sales figures remain skewed, as this was the period last year when the final push was on for consumers to beat the April 30th home buyer tax credit deadline.

Foreclosure propety sales reported decreased 4.6% in April compared to a year ago.

The local employment numbers are strengthening, which is welcome news for this area.

For more information on the local real estate market, contact Pamela Archer with the Archer Group at Re/max Space Center. Direct line is 281-204-1110.   Pamela@RelocateClearLake.com     www.RelocateClearLake.com