Chris Thorpe Real Estate

January 2010 - Posts

• STATE LAND PRICES, SALES FALL

  SAN ANTONIO ( San Antonio Express-News ) – Land prices fell 5 percent statewide last year for the first time since the early 1990s, according to data from the Real Estate Center at Texas A&M University. The decline marked the end of an appreciation Read More... Posted Wednesday, January 20, 2010 12:54 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Industry

• HOME BUILDERS' CONFIDENCE DECLINES

  WASHINGTON ( Associated Press ) – The National Association of Home Builders reported that its housing market index fell to 15 in January, the lowest reading since June. The dip, which is the second-straight monthly decline, echoes builders’ Read More... Posted Wednesday, January 20, 2010 12:53 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Industry

• TEXAS HOTELS AMONG WORLD'S 100 BEST

  NEW YORK ( concierge.com ) – Six Texas hotels have made the Condé Nast Traveler Gold List for 2010. The Gold List includes the year’s top 100 hotels worldwide based on data collected from the annual Reader’s Choice Survey. Six Read More... Posted Tuesday, January 19, 2010 11:01 AM by Chris Thorpe | 0 Comments Filed under: Community Information

• TEXAS RANKS 29TH IN 2009 HOME FORECLOSURES

  HOUSTON ( Houston Chronicle ) – Texas ranked 29th in state foreclosure rates for 2009, with 1.06 percent of the state’s total housing units receiving at least one foreclosure filing, according to a report by RealtyTrac. That calculation includes Read More... Posted Tuesday, January 19, 2010 10:59 AM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Buyer Information

• DALLAS HOME CONSTRUCTION TICKS UP

  DALLAS ( Dallas Morning News ) – Home starts in Dallas–Fort Worth jumped almost 10 percent in fourth quarter 2009, the first increase in the annual start rate since second quarter 2006, according to Residential Strategies. Builders started Read More... Posted Tuesday, January 12, 2010 4:34 PM by Chris Thorpe | 0 Comments

• TEXAS CONSTRUCTION EMPLOYMENT DECLINES

  ARLINGTON, Va. (Associated General Contractors of America) – Construction employment declined in 324 out of 337 metropolitan areas over the past year as spending on construction projects dropped by over $137 billion in November to a six-year low Read More... Posted Friday, January 08, 2010 2:08 PM by Chris Thorpe | 0 Comments Filed under: Market Conditions, Industry

• TEXAS CITIES HAVE OVERPRICED HOMES, FORBES SAYS

  AUSTIN ( Austin Business Journal ) – Two major Texas metros ranked among the top ten most overpriced home markets in the country, according to a study by Forbes.com. San Antonio ranked sixth and Austin–Round Rock tenth. Additionally, Houston Read More... Posted Friday, January 08, 2010 2:07 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Buyer Information

• JOB LOSSES MOUNTING

  COLLEGE STATION (Real Estate Center) – The Texas economy lost 272,100 nonfarm jobs from November 2008 to November 2009, an annual job loss of 2.5 percent. The U.S. economy lost more than 4.65 million jobs (3.4 percent) during that time. The state’s Read More... Posted Friday, January 08, 2010 12:26 PM by Chris Thorpe | 0 Comments Filed under: Market Conditions