Cinco Ranch’s LaCenterra’s Howl-O-Ween Parade to Benefit Citizens for Animal Protection

LaCenterra in Katy Howl-O-Ween Parade 2010 to Benefit CAP

Citizens for Animal Protection (CAP), along with Rover Oaks Pet Resort and LaCenterra at Cinco Ranch are teaming up to present the third annual HOWL-O-Ween Dog Walk and Expo at LaCenterra (23501 Cinco Ranch Blvd.) on October 30, 2010 from 8 a.m. to 11 a.m. Costumed canines, along with their human companions will hit the streets of the premier Katy shopping area for a one-mile walk followed by a spirited costume contest and expo featuring fun for everyone, all while benefitting the animals at CAP.

The first 200 participants will receive complimentary goody bags and a commemorative t-shirt. Additionally, all participants will receive a coupon for a 6-pound bag of California Natural dog food provided by Natura Pet Products and redeemable at Rover Oaks Katy.

Does your pup have the spookiest or kookiest costume on the block?  Give your pooch a chance Read the rest of this entry »

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HAR MLS September Market Report: Houston and Katy Real Estate

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September brought the Houston housing market its third straight month of declining sales volume following the expiration of the homebuyer tax credit. However, despite the drop, pricing continued to demonstrate strength with a boost in the average price and a slight uptick in the median price of single-family homes.

According to the latest monthly data compiled by the Houston Association of REALTORS® (HAR), September sales of single-family homes throughout the Houston market fell 18.6 percent compared to September 2009. Declines were recorded in three of the five pricing segments.

The average price of a single-family home rose 5.0 percent from September 2009 to $215,250, primarily due to continued strength in the upper end of the market. The September single-family home median price—the figure at which half of the homes sold for more and half sold for less—edged up 0.2 percent from one year earlier to $156,250. Both average and median pricing achieved the highest levels for a September in Houston.

Foreclosure property sales reported in the Multiple Listing Service (MLS) declined 6.9 percent in September compared to one year earlier. The median price of September foreclosure sales slid 5.2 percent to Read the rest of this entry »

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National Association of Realtors: Halting Foreclosures Could be Hindrance to Economic Recovery

Katy TX Foreclosures

Thousands of first-time and move-up buyers who hoped to make a foreclosed property their new home now face uncertainty, anxiety and possibly remorse as they worry that closing on their desired property could be in jeopardy.

For many, the dream of homeownership could turn into agony if their home purchase is indefinitely delayed by a moratorium on foreclosures declared by some banks, the National Association of Realtors® said today. The moratoriums are needed, banks say, to review all of the foreclosures in their portfolios to make sure they’re in compliance with the law and that titles are clear.

NAR warned that a prolonged review process would have a damaging impact on many communities and hinder the nation’s economic recovery.

“As the leading advocate for homeownership issues, we understand that many lenders need a time-out to review their actions to ensure that homeowners are not improperly foreclosed on and that the lenders are following regulations and state laws. After that, the foreclosure process must resume quickly to return stability to families, the housing market and the economy,” said NAR President Vicki Cox Golder, owner of Vicki L. Cox & Associates, Tucson, Ariz.

Over the past few months NAR has met with officials of top banks to discuss market issues. NAR urged banking leaders to seek resolution quickly through loan modifications and the short-sale process rather than through foreclosure. “We stand ready to help lenders develop better short-sale Read the rest of this entry »

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Katy Independent School District Calls for November Bond Election

KISD Calls for Bond ElectionKaty’s Independent School District’s Board of Trustees have accepted a bond package recommendation by the School Facility Referendum Planning Task Force and called for a November 2nd bond election. The $459.7 million 2010 bond package was first presented to the board on July 12.

The authorization of the bond package would fund the building of new schools including three elementary, one junior high and one high school. Funds are also set aside for other capital project expenditures such as new buses, portable classroom buildings, land for future schools and costs associated with selling bonds. Substantial money will also be spent on upgrading technology and renovating existing schools and facilities.

With the $459 million authorization, it is projected that the tax rate will stay the same for the next two years, then increase by $.01 in 2012, and another $.03 for the 2013 and 2014 tax years. After 2014, the tax rate will begin to decrease.

For up-to-date detailed information about the 2010 Bond Referendum, visit Katy ISD’s “2010 Bond Referendum” page.

To tour homes in KISD, contact me via email or call me at 713-818-2404. I have sold Katy real estate for over 21 years and would love to share my expertise with you. Experience does matter!

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