Houston Economy Overview

Houston Real estate economy

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FinancialServices.com

Welcome to FinancialServices.com. This website contains information and resources pertaining to everything in the financial services> financial services industry -- from home loans and bank accounts to investment opportunities and insurance providers.

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www.OfficeSupply.com has some of the best prices on office supply and related products (often 10-15% cheaper than Office Depot, Office Max or Staples) and free shipping on orders over $50.

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http://www.HoustonProperties.com/hurricane.html

New free houston housing information up at http://Houstonproperties.com/hurricane.html

New Houston high rises http://www.http://www.houstonproperties.com/highrises.html

Three new houston high rises have just been announced Search Houston High Rises

Houston Real estate

HOUSTON (globest.com) – Three downtown city blocks on Main, Caroline and Polk streets are proposed sites for a $200 million, 360,000-square-foot development. Partners William Denton and Geoffrey Jones envision the proposed Houston Pavilions to have upscale retail, entertainment, condominiums and office space. Because downtown land is pricey and development costs are high, a tax increment reinvestment zone (TIRZ) was needed to help make the project a reality. The commissioner’s court, the TIRZ’s board of directors and the city council have all approved the TIRZ creation. The next step will be for the city and developers to enter into a formal agreement.

The Houston Pavilions are projected to be similar to Entertainment Development’s 350,000-square-foot Denver Pavilions, which opened in 1998.

http://www.HoustonProperties.com

AmericanRevolution.com Relaunch

AmericanRevolution.com is a website that has a tremdous amount of information on american history, the American Revolution and the "shot heard round the world" fired at Lexington on April 19, 1775 began the war for American Independence. It ended eight and a half years later September 3, 1783 with the Treaty of Paris. Check it out - great free information on the American Revolution at http://www.AmericanRevolution.com

Property.com Acquisition

Property.com was just acquired to provide national and international property location services. Interesting polls and data on the site.

Car Information: Cars.info

One of the interesting trends that I've been noticing has been the increase in .info domain names. Afilias, which maintains the .info top-level domain, processed 1 million .info domains in a 36-hour period, a thousand times the average daily load on its system, according to Carle. About 1.5 million .info domains were registered in the first three years of the TLD's availability. Check on the cars and car related information at www.cars.info

Relaunch: Mutualfunds http://www.mutualfunds.com/index.aspx

Great history with this website. During the dot.com boom, these guys spent millions of dollars developing a mutual fund magazine and mutualfund website. The domain was sold out of near bankruptcy and the site is now relaunched. http://www.mutualfunds.com/index.aspx Great mutual fund content and much better than it was in my opinion. Interesting story of developments on the internet.

Hurricane Katrina Houston Real Estate - http://www.houstonproperties.com/hurricane.html

Here's a location with many resources on Houston real estate special pricing (first month free rentals, furniture rentals, animal shelters) for victims from Hurricane Katrina http://www.houstonproperties.com/hurricane.html

Homework Help For Students - http://www.homeworkhotline.com

As school is starting back up, here's a website that has some great tips and resources for students looking for help with their homework - http://www.homeworkhotline.com/

Reduced prices - http://www.houstonproperties.com/royalton.html

Five star resort quality and white glove service. NEWLY discounted high rise condos http://www.houstonproperties.com/royalton.html

No Bubble Foreseen in Greater houston Real estate market

Consistent growth parttern defies national trend, as sales and prices show single-digit increases.

The greater houston areas' econcomy continued to grow last month as unemployment rates were down, housing prices were up and the number of pending sales was at an all time record in june. This data is accouring to statistics from the HAR MLS. Monthly home sales alaso reache a new record high, beating last month data, which marked the previous all time high.

Total property sales for the month totaled 7,880, which was a 5 percent increase over june 2004. Properties sold during hte month reached a total of more than $1.4 billion. This was a 7.5 percent increase compared to last year's more than $1.3 bill in June sales. (more information at www.HoustonProperties.com)

In addition, year to date total property sales reached 37,629 which is an increase of 7.2 percent over the first half of 2004. Data from Houston Realtor, August 2005, HAR.com.

Office Supply Statistics - www.officesupply.com

The office supply industry is estimated to be worthUS $225 billion in 1999 and is still growing. As of 2003, the largest office supply chains in the United States (based upon revenue) are Staples (US$13.1 billion in revenue) and Office Depot ($12.3 billion), but www.OfficeSupply.com provides better pricing on office supplies than both of them. Interesting find.

New fitness center - http://www.houstonproperties.com/blofts.html

As of September 10, 2005, Bayou Lofts in Houston will have a new state of the art fitness center. Complete with both machines and free weights. http://www.houstonproperties.com/blofts.html

Good news!

African American Pioneers - www.africanamericans.com

Fortune magazine from August 22, 2005 has a fantastic article on diversity in the workplace. They profile six unsung civil rights heroes - among the first black men to fight their way into the executive suite. For more on African American history and the civil rights movement: www.AfricanAmericans.com.

Forture magazine profiles George Lewis from Philip Morris, Darwin Davis from Equitable, James Avery from Exxon, Clifton Wharton from TIAA-CREF, Lee Archer from General Foods, and James Ward from Marriott.

Great article about workplace diversity in 2005.

Houston Real Estate Statistics

Interesting articles on the current state of the real estate market. Houston real estate has not appreicated as much as other markets (notably: Las Vegas, the Bay area in California and Miami).

However, it is interesting to note several interesting Houston real estate statistics (for more information on Houston Real estate: www.HoustonProperties.com)

For the period from July 12, 2004 through July 11, 2005:
- It's still a seller's market, with about 6.3 months of inventory for single family homes
- Annulized home sales increased by 7% last week
- Active listings declined by 1%
- The median home price has increase by 5.7% over the past year to approximately $148,000