Strictly a Buyer's Agent

Memorial Park Area No Longer Weakest Market

For the 4+ years that I have been calculating market conditions, the Memorial Park area (zip code 77007) was the weakest overall single-family market until today, June 24, 2008. Both Tanglewood (77056) and Woodland Heights (77009) now have a greater weighted average inventory of homes on the market (both 9 months) while the Memorial Park area has come down to 8 months. It may be a small difference but when you have been the worst market for so long, I thought it should be acknowledged in a blog post . . . We'll see if it stays that way.

More Accolades for Houston

BusinessWeek.com and Seattle's PayScale.com have determined where the best and worst cities are for 20 common careers and found that when it comes to making a comfortable living, Houston is at or near the top for most jobs. Cities such as New York, San Francisco, Washington, and Boston have sunk to the bottom because residents pay so much for real estate, parking, groceries, and everything else. Read more here.

Kiplinger Names Us #1

Houston is abuzz over the fact that Kiplinger recently chose it as the nation's #1 city in which to live using a formula that focuses on the local economy, housing costs, and fun things to do.

The formula also highlighted the probablity of future success by focusing on the percentage of the workforce employed in the creative fields - scientists, engineers, architects, educators, writers, artists and entertainers. Houston's creative class? 31.3% of the workforce! Hurray Houston!