Delux Realty

|NOT FLOODED BY HARVEY|
💲*Great Investment opportunity & quick cash flow*💲

Bulk sale of all 8 free standing Town-Homes close to the medical center. Will be 100% completed by November 1, 2017. Will come with a 1 year total warranty, 2 year mechanical & 10 year structural warranty transferable to any buyer. Just a few minutes away from Hermann Park. Off Almeda and Blodgett St on Chartres St. 2 minutes away from Hermann Park.
Price $490,000 per unit x8 = $3,920,000.00
Size: 2,650 SF. per unit.
No HOA
Retail value $580,000 a unit.
80% Financing available for qualified buyers.

Call Michel Coret for more information at 832-754-1100

| Great Investment opportunity & quick cash flow |

Bulk sale of all 8 free standing Town-Homes close to the medical center. Will be 100% completed by November 1, 2017. Will come with a 1 year total warranty, 2 year mechanical & 10 year structural warranty transferable to any buyer. Just a few minutes away from Hermann Park. Off Almeda and Blodgett St on Chartres St. 2 minutes away from Hermann Park.

Price $490,000 per unit x8 = $3,920,000.00
Size: 2,650 SF. per unit.
No HOA
Retail value $580,000 a unit.
80% Financing available for qualified buyers.

Call Michel Coret for more information at 832-754-1100

| A MUST SEE AND WILL SELL FAST|
Manorhouse Ln Stunning home in Royal Oaks Country Club
Open floor plan with custom paintings and upgrades. Open floor plan Large game room + theater room. Fabulous & private back yard oasis with palm trees and a beautiful pool & spa with waterfall. Very private. Outdoor kitchen and open bar. Faux finishes on cabinetry. One of the few private backyards in Royal Oaks. Very unique property. A must see and will sell fast.

http://www.har.com/11607-manorhouse-ln/sale_34120495?cid=FULLMOON

For more information, contact us: [email protected] | +1 832 754 1100 or at www.deluxrealty.com"

| Great Opportunity for Investors! |
0 CHARTRES St. New Town-homes medical center - Great Investor opportunity 8 Brand new High end freestanding single-family town-homes sold as a pre-construction bulk sale 20% under retail value. Very reputable builder. Units will be fully completed prior to closing and sold with full warranties. Off Almeda and Blodgett St on Chartres St. 2 minutes away from Hermann Park. For more information, contact us:
| [email protected] | +1 832 754 1100 | or at www.deluxrealty.com

Homepage - Delux Realty

MLS Report for May 2016
THE HOUSTON HOUSING MARKET HEATS UP IN MAY
Growing inventory helps meet increased buyer demand; pricing eases
HOUSTON — (June 15, 2016) — Steady growth in the supply of homes provided the fuel needed to help boost to the Houston real estate market in May, with single-family home sales up 10 percent year-over-year. As the market has seen for several months, the greatest concentration of home buying continued to take place among mid-range housing—homes priced between $150,000 and $500,000. The average and median price remained virtually the same as May of 2015.
According to the latest monthly report prepared by the Houston Association of Realtors (HAR), a total of 7,343 homes sold in May compared to 6,678 a year earlier. On a year-to-date basis, home sales rose 3.6 percent versus May of 2015. New listings buoyed inventory levels from a 3.0-months supply to 3.6 months.
"We are seeing more normal market conditions for this time of year and that is the direct result of more plentiful housing inventory for buyers,” said HAR Chairman Mario Arriaga with First Group. “A year ago, the supply of homes was historically low, which increased buyer-side demand and pushed up pricing. These are the fundamental forces of supply and demand, and with more available housing and an easing of prices, we look forward to a healthy pace of sales throughout the summer."
The single-family home average price declined a fractional 0.5 percent in May to $290,931. The median price—the figure at which half of the homes sold for more and half sold for less—held steady at $225,000.
May sales of all property types in Houston totaled 8,703, up 7.1 percent from the same month last year. Total dollar volume for properties sold in May rose 7.3 percent to $2.4 billion.
May Monthly Market Comparison
The Houston real estate market gauges held to positive territory in May compared to those from a year earlier and continue to reflect what are widely considered sustainable market conditions. On a year-over-year basis, single-family homes sales and total dollar volume were up, inventory grew and prices were statistically flat.
Month-end pending sales for single-family homes totaled 8,286, an increase of 15.6 percent compared to last year which portends the likelihood of more positive sales when the June numbers are tallied. Total active listings, or the total number of available properties, at the end of May climbed 17.4 percent from May 2015 to 35,416.
An increase in new listings in May boosted single-family homes inventory, with levels climbing from a 3.0-months supply to 3.6 months. For perspective, housing inventory across the U.S. currently stands at a 4.7-months supply, according to the latest report from the National Association of Realtors (NAR).
CATEGORIES MAY 2015 MAY 2016 CHANGE
Total property sales 8,123 8,703 7.1%
Total dollar volume $2,229,902,866 $2,392,124,785 7.3%
Total active listings 30,162 35,416 17.4%
Single-family home sales 6,678 7,343 10.0%
Single-family average sales price $292,258 $290,931 -0.5%
Single-family median sales price $224,900 $225,000 0.0%
Single-family months inventory* 3.0 3.6 20.9%
Single-family pending sales** 7,167 8,213 15.6%
* Months inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This figure is representative of the single-family homes market.
** Effective May 2015, in an effort to be consistent with industry standards, the Houston MLS is now including all categories of pending sales in its reporting. Previously, the Houston MLS did not include “option pending” and “pending continue to show” listings in its reporting of pending sales. The new methodology is now all-inclusive for listings that went under contract during the month.

Single-Family Homes Update

Single Family
Single-family home sales totaled 7,343 in May, up 10.0 percent from May 2015.
The average price was statistically unchanged at $290,931 and the median price was also unchanged at $225,000. Days on Market (DOM), or the number of days it took the average home to sell, edged up to 52 days versus 49 last year.
Broken out by housing segment, May sales performed as follows:
$1 - $79,999: decreased 29.6 percent
$80,000 - $149,999: decreased 10.3 percent
$150,000 - $249,999: increased 20.0 percent
$250,000 - $499,999: increased 15.4 percent
$500,000 and above: decreased 6.5 percent
Single Family Average Home Price

HAR also breaks out the sales figures for existing single-family homes. Existing home sales totaled 6,190 in May, up 9.1 percent versus the same month last year. The average sales price edged up 1.6 percent year-over-year to $277,957 while the median sales price rose 2.4 percent to $211,000.
Townhouse/Condominium Update
Townhome and condominium sales were unchanged with 621 units selling in both May of 2016 and 2015. The average price declined 2.6 percent to $198,411 while the median price climbed 7.6 percent to $163,000. Inventory grew from a 2.6-months supply to 3.4 months.
Townhouse/Condominium Sales

Lease Property Update
Renters were out in force in May. Single-family home leases rose 4.1 percent, while townhome/condominium leases jumped 10.7 percent. The average rent for single-family homes held steady at $1,866 and the average rent for townhomes/condominiums also remained unchanged at $1,666.
Houston Real Estate Highlights in May
Single-family home sales rose 10 percent compared to last May;
On a year-to-date basis, single-family home sales are up 3.4 percent;
Total property sales jumped 7.1 percent to 8,703 units;
Total dollar volume rose 7.3 percent to $2.4 billion;
At $290,931, the single-family home average price was statistically unchanged from last year;
The single-family home median price was also flat at $225,000;
Single-family homes months of inventory climbed to a 3.6-months supply versus 3.0 months a year earlier;
Townhome/condominium sales were unchanged with the average price down 2.6 percent to $198,411 and the median price up 7.6 percent to $163,000;
Leases of single-family homes were up 4.1 percent with rents unchanged at $1,866;
Leases of townhomes/condominiums soared 10.7 percent with rents unchanged at $1,666.
The computerized Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 32,000 REALTORS® throughout Harris, Fort Bend and Montgomery counties, as well as parts of Brazoria, Galveston, Waller and Wharton counties. Residential home sales statistics as well as listing information for more than 50,000 properties may be found on the Internet at http://www.har.com.

The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

The MLS does not verify the information provided and disclaims any responsibility for its accuracy. All data is preliminary and subject to change. Monthly sales figures reported since November 1998 includes a statistical estimation to account for late entries. Twelve-month totals may vary from actual end-of-year figures. (Single-family detached homes were broken out separately in monthly figures beginning February 1988.)

Founded in 1918, the Houston Association of REALTORS® (HAR) is a 32,000-member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of REALTORS® in the United States.

Texas Real Estate - 162,164 Homes for Sale and Rent- HAR.com Find 162,164 Texas real estate homes for sale and rent. View home values, schools, neighborhoods, Texas real estate agents, apartments and more.

Get your house ready for this summer with these 15 tips that will help you with the maintenance of your home.

http://www.budgetdumpster.com/blog/get-your-home-ready-for-summer-with-these-15-summer-home-maintenance-tips/

Delux Realty provides luxury real estate & is now working with Punta Cana Resort & Club, the Caribbean’s leading luxury resort community that has been honored with numerous awards & distinctions for its high standards.
The resort’s championship golf courses, La Cana designed by P.B. Dye and Corales designed by Tom Fazio, have also made PUNTACANA Resort & Club the Caribbean’s premier golf and beach destination. Distinctions include Golf Resort of the Year by the International Association of Golf Tour Operators and Celebrated Living’s Platinum List for top 20 international golf courses, naming both Corales and La Cana to the list. Corales golf course has also been named to Golf Week’s Best Courses of the Caribbean and Mexico.

Contact us today for more information.

Delux Realty

Michel Coret Broker with Delux Realty was very happy to participate in the 2016 Homeaid charity golf tournament with team mate & friend Scott Steiner with On Target marketing. 1st Place!

At Delux Realty we have the best knowledgeable real estate agents in the industry!

Seeking to buy locally or internationally? Are you considering listing your home with an agent that will get you the best price?

Either way we’re glad to guide you & help you through the process.

Stop by our website at deluxrealty.com to see helpful tips and tools that sets apart.

Welcome to the real state office of tomorrow….today. At Delux Realty we have the best solutions if you want to buy, sell or become one of our agents. See what makes us so different from the other real estate companies & log in at deluxrealty.com