BuisnessWeek named Houston, TX as one of the most robust zip codes in today’s market. Saying that Texas economy is booming due to high energy prices. Not to mention all the jobs available in the Houston area. It’s no wonder homes are selling faster than other parts of the country. For months now, the media has put a negative impact on the real estate market across the country, driving it down…WHY? TO SELL MORE NEWSPAPERS, MAGAZINES, etc.! More news sells when it is negative. Yes the market is down here due to foreclosures driving prices down, but homes are selling because of the Texas economy. Unfortunately the bad markets are those with declining prices and a bad economy, hand in hand means bad real estate markets. The home sellers and home buyers not listening to the media are doing very well here in Texas. Prices here are slightly down from last year with a number of foreclosures and investors are getting great property, dirt cheap and move up buyers are selling for a bit less than they would last year, but are getting great deals on a larger or more expensive home that they couldn’t otherwise afford before now.

Investors do not want the public to know about the market here in the North Houston areas. They just hope that the majority will continue to listen to the negative media so they can take advantage of the good deals without the competition. I have notified my buyer prospects/investors to buy in the Houston area RIGHT NOW, primarily Lake Conroe and The Woodlands areas north of Houston Metroplotian. Some will take advantage and others won’t react at all because they think prices will drop even further…or worse, they feel it is too risky because of what they hear on TV rather than basing a decision on the facts. The ones that won’t react will be the ones who “Miss the Boat”, because usually those folks are the ones that wait and wait for the bottom of the market, just to find that it was missed. You just won’t ever know when you are at the bottom of the market…you just pull the trigger and “buy up” when it’s down and there’s some money to be made!