Featured Lamar Terrace Homes in Uptown Houston

At 5417 Fairdale Ln. in Uptown Houston, there is a custom home located in Lamar Terrace with a wonderful open floor plan. The backyard is big enough for a pool. The huge island kitchen comes with stainless steel appliances and tons of cabinets. The fabulous dining room and living room overlook the sunny yard. The big family room/media room comes with a wet bar.

Price: $595,000.00
Features: 4 Bedrooms, 3 Full Baths (1 Half), 3323 Sq Ft
Type: Single-Family
Subdivision: Lamar Terrace
County: Harris
Area: Central West
Location: Houston
Style: Traditional
Builder: MDE Custom Homes
Bedrooms: 4
Baths: 3 full 1 half
Sq Ft: 3323 Sq Ft
Lot Size: 3300 sq. ft.
Broker: Page-Pryde Properties
MLS#: 27707064

At 5341 Val Verde St. in Uptown Houston, there is a lovely home located in Lamar Terrace with a formal living room/dining room, kitchen, breakfast area and two-story den. The kitchen comes with granite and stainless steel appliances.

Price: $589,000.00
Features: 4 Bedrooms, 3 Full Baths (1 Half), 3206 Sq Ft
Type: Single-Family
Subdivision: Lamar Terrace
County: Harris
Area: Central West
Location: Houston
Style: Traditional
Year Built: 1998
Bedrooms: 4
Baths: 3 full 1 half
Sq Ft: 3206 Sq Ft
Lot Size: 6600 sq. ft.
Broker: John Daugherty, Realtors
MLS#: 37074177

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Featured Briarcroft Homes in Uptown Houston

At 1902 Chimney Rock in Uptown Houston, there is a lovely home located in Briarcroft with traditional brick elevation. There are hardwoods throughout the home. Both bathrooms have recently been redone with neutral finishes. The home comes with large formals and foyer. You will find oversized bedrooms and a superb master retreat. The kitchen offers a gas range, stainless steel refrigerator, glass cabinets, loads of storage and a large indoor utility room.

Price: $449,000.00
Features: 3 Bedrooms, 2 Full Baths (0 Half), 2204 Sq Ft
Type: Single-Family
Subdivision: Briarcroft
County: Harris
Area: Central West
Location: Houston
Style: Traditional
Year Built: 1953
Bedrooms: 3
Baths: 2 full
Sq Ft: 2204 Sq Ft
Lot Size: 14067 sq. ft.
Broker: Oakum Properties
MLS#: 52984566

At 5627 Wickersham Ln. in Uptown Houston, there is an elegant home located in Briarcroft with gleaming hardwoods, stainless steel appliances, stained concrete counters, slate floors and cozy breakfast nook. There are lots of natural light flows through this open floorplan with neutral designer colors, good sized bedrooms, renovated California closets in the master and guest rooms, and updated bathroom fixtures.

Price: $399,900.00
Features: 3 Bedrooms, 2 Full Baths (0 Half), 1797 Sq Ft
Type: Single-Family
Subdivision: Briarcroft
County: Harris
Area: Central West
Location: Houston
Style: Traditional
Year Built: 1951
Bedrooms: 3
Baths: 2 full
Sq Ft: 1797 Sq Ft
Lot Size: 9840 sq. ft.
Broker: Texas Urban Living
MLS#: 33814783

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December Existing-Home Sales Increase

In December, existing-home sales were up, reporting a 5.0% gain from November to an annual rate of 4.61 million units, according to data released today by the National Association of Realtors.

The improvement was led by condo and co-op sales, which increased 8.7% from the previous month, reaching a seasonally adjusted annual rate of 500,000.

Single-family home sales grew 4.6% from November.

The lift helped last year’s overall existing-home sales top 2010’s number by 1.7% with a total of 4.26 million existing homes sold.

Also, the sales boost managed to reduce the market’s standing inventory to 2.38 million units, a 6.2-month supply, from a 7.2-month supply in November.

"Other data suggest that getting rid of the excess will be a drawn-out affair that will take at least two more years," according to Patrick Newport, U.S. economist at IHS Global Insight.

All four regions of the U.S. shared in the monthly gains, led by the Northeast, which gained 10.7% on a monthly basis and increased 3.3% annually.

The Midwest jumped 8.3% and 9.5% on a monthly and yearly basis, respectively.

The South grew 2.9% from November and increased 3.5% from December 2010.

The West gained 2.6% on a monthly basis and decreased 0.8% year-over-year.

Newport stated, "The market for single-family homes picked up in the second half of 2011, after being stuck near the bottom for nearly three years. This pickup is real, but the road to recovery will be a slow one. Our projection is that existing-home sales in 2012 will be 9% higher than in 2011."

Source: buileronline.com

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Featured Tanglewood Homes in Uptown Houston

At 5402 Doliver Dr. in Uptown Houston, there is an expansive home located in Tanglewood with stone and stucco. There is an upstairs bedroom, bathroom, living area, and kitchen. The upstairs librar has beautifully detailed wood floors. The downstairs master suite has views of the pool and courtyard.

Price: $4,290,000.00
Features: 5 Bedrooms, 5 Full Baths (4 Half), 12129 Sq Ft
Type: Single-Family
Subdivision: Tanglewood
County: Harris
Area: Central West
Location: Houston
Style: Mediterranean
Year Built: 2007
Builder: Blackstone Builders
Bedrooms: 5
Baths: 5 full 4 half
Sq Ft: 12129 Sq Ft
Lot Size: 25712 sq. ft.
Broker: Martha Turner Properties
MLS#: 78367414

At 5615 Doliver Dr. in Uptown Houston, there is a sophisticated home located in Tanglewood with elegance and opulence. You will find five bedrooms, and five full and two half bathrooms.

Price: $3,950,000.00
Features: 5 Bedrooms, 5 Full Baths (2 Half), 9498 Sq Ft
Type: Single-Family
Subdivision: Tanglewood
County: Harris
Area: Central West
Location: Houston
Style: Mediterranean, Traditional
Year Built: 2003
Builder: Ron Logan
Bedrooms: 5
Baths: 5 full 2 half
Sq Ft: 9498 Sq Ft
Lot Size: 21127 sq. ft.
Broker: Martha Turner Properties
MLS#: 35720404

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Featured Bristol Tower Condos in Uptown Houston

At 3350 W. McCue Rd. in Uptown Houston, there is an awesome condo located in Bristol Tower with views of the Galleria. The open floor plan is perfect for entertaining, featuring wide plank hardwood floors, granite counters, crown molding, and floor-to-ceiling windows. The master suite has his and hers walk-in closets and built-ins. The large wrap-around balcony is great for relaxing in the evening.

Price: $339,000.00
Features: 2 Bedrooms, 2 Full Baths (0 Half), 1955 Sq Ft
Type: Mid/Hi-Rise Condo
Subdivision: The Bristol Condo
County: Harris
Area: Central West
Location: Houston
Year Built: 1983
Bedrooms: 2
Baths: 2 full
Sq Ft: 1955 Sq Ft
Broker: Lege Properties
MLS#: 15252249

At 3350 W. McCue Rd. in Uptown Houston, there is a beautiful condo located in Bristol Tower with fresh new carpet, granite countertops, high-end appliances, 2 TVs, fully stocked kitchen, and a fantastic view from a 330 sq. ft. wrap-around balcony. Amenities include a secure 24-hr. concierge, complimentary valet, wi-fi, fitness center, spa, sparkling pool, landscaped grounds, lighted tennis courts and much more.

Price: $275,000.00
Features: 2 Bedrooms, 2 Full Baths (0 Half), 1955 Sq Ft
Type: Mid/Hi-Rise Condo
Subdivision: The Bristol Condo
County: Harris
Area: Central West
Location: Houston
Year Built: 1983
Bedrooms: 2
Baths: 2 full
Sq Ft: 1955 Sq Ft
Broker: Condo Smart
MLS#: 36811324

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30-Year Mortgage Rate Decreases to Record 3.89%

Fixed mortgage rates decreased again to a record low, offering a wonderful chance for those who can afford to purchase or refinance homes.

Few are able to take advantage of the historic rates.

According to Freddie Mac, the average rate on the 30-year fixed mortgage dropped to 3.89 percent.

That rate is below the previous record of 3.91 percent reached three weeks ago.

Records for mortgage rates date back to the 1950s.

The average on the 15-year fixed mortgage slipped to 3.16 percent.

That’s down from a record 3.21 percent three weeks ago.

Mortgage rates are lower because they track the yield on the 10-year Treasury note, which decreased below 2 percent.

This year, they could fall lower if the Fed launches another round of bond purchases, as some economists expect.

Average fixed mortgage rates remained around 4% at the end of 2011.

Source: sfgate.com

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Featured Four Leaf Tower Condos in Uptown Houston

At 5100 San Felipe St. in Uptown Houston, there is an elegant condo located in Four Leaf Towers with prime views of Downtown’s skyline and Uptown/Galleria areas. The gracious entry has a paneled storage, electronics closet, wet bar, powder room and display shelves. The living room opens to the dining room and sun room. The home comes with rich hardwood floors. You will find a wall of windows and large sitting area. The beautiful marble bathroom and closet compose the master suite. The 2nd bedroom doubles as a study. The gourmet kitchen comes with marble counters.

Price: $759,000.00
Features: 2 Bedrooms, 2 Full Baths (1 Half), 2690 Sq Ft
Type: Mid/Hi-Rise Condo
Subdivision: Four Leaf Towers Cond
County: Harris
Area: Central West
Location: Houston
Year Built: 1981
Bedrooms: 2
Baths: 2 full 1 half
Sq Ft: 2690 Sq Ft
Broker: John Daugherty, Realtors
MLS#: 95682648

At 5100 San Felipe St. in Uptown Houston, there is a custom condo located in Four Leaf Towers with custom finishes and great attention to architectural details. There are beautiful hardwoods, recessed lighting, built-in speakers and electric solar shades. The wonderful open kitchen features granite counters, stainless steel appliances and extensive storage. The den comes with a wall of built-in cabinetry. The master suite comes with a home office or third bedroom, walk-in closets and luxurious bathroom.

Price: $695,000.00
Features: 2 Bedrooms, 2 Full Baths (1 Half), 2690 Sq Ft
Type: Mid/Hi-Rise Condo
Subdivision: Four Leaf Towers Cond
County: Harris
Area: Central West
Location: Houston
Year Built: 1981
Bedrooms: 2
Baths: 2 full 1 half
Sq Ft: 2690 Sq Ft
Broker: John Daugherty, Realtors
MLS#: 83097346

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Featured Briargrove Homes in Uptown Houston

At 6242 Piping Rock Ln. in Uptown Houston, there is an exceptional home located in Briargrove with recent construction with incomparable interior finishes and craftsmanship. There are custom wood floors located upstairs and down. The home comes with custom millwork. The gourmet island kitchen comes with stainless steel appliances. The study comes with custom built-ins and a box-beam ceiling. The large den comes with custom cabinetry. You will find a wet bar. The loggia comes with an outdoor fireplace and summer kitchen.

Price: $1,299,000.00
Features: 4 Bedrooms, 5 Full Baths (1 Half), 4765 Sq Ft
Type: Single-Family
Subdivision: Briargrove
County: Harris
Area: Central West
Location: Houston
Style: Traditional
Year Built: 2007
Builder: Cunningham
Bedrooms: 4
Baths: 5 full 1 half
Sq Ft: 4765 Sq Ft
Lot Size: 7594 sq. ft.
Broker: John Daugherty, Realtors
MLS#: 47796413

At 6225 Del Monte Dr. in Uptown Houston, there is an exquisite home located in Briargrove with recent construction. There is French country architecture. The home comes with rich solid woods, high ceilings, hardwoods, paneling, formals, a two-story entrance, wrought iron, wainscoting, limestone, marble, granite, stainless steel appliances, built-ins and spa-style bathrooms. You will find five bedrooms, one downstairs bedroom, a media room, open kitchen and enormous den.

Price: $1,295,000.00
Features: 5 Bedrooms, 4 Full Baths (1 Half), 4923 Sq Ft
Type: Single-Family
Subdivision: Briargrove
County: Harris
Area: Central West
Location: Houston
Style: French
Year Built: 2007
Builder: Carrera Custom Homes
Bedrooms: 5
Baths: 4 full 1 half
Sq Ft: 4923 Sq Ft
Lot Size: 8151 sq. ft.
Broker: Heritage Texas Properties
MLS#: 65704526

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30-Year Mortgage Rate Hits Record Low

According to Freddie Mac, the average rate on the 30-year fixed mortgage slipped to 3.91 percent this week, matching the record low reached two weeks ago.

The average on the 15-year fixed mortgage decreasedto 3.23 percent from 3.24 percent.

That’s an increase from 3.21 percent two weeks, also a record low.

Mortgage rates are lower because they have a tendancy to track the yield on the 10-year Treasury note, which fell under 2 percent this week.

In order to calculate the average rates, Freddie Mac surveys lenders across the U.S. Monday through Wednesday of each week.

The average rates don’t include extra fees, also known as points, which the majority of borrowers must pay to get the lowest rates.

1 percent of the loan amount equals one point.

The average fee for the 30-year loan jumped to 0.8 from 0.7; the average on the 15-year fixed mortgage remained unchanged at 0.8.

For the five-year adjustable loan, the average rate decreased to 2.86 percent from 2.88 percent.

The average on the one-year adjustable loan increased to 2.80 percent from 2.78 percent.

The average fee on the five-year adjustable loan jumped to 0.7 from 0.6, while the average on the one-year adjustable-rate loan remained unchanged at 0.6.

Source: wric.com

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Featured Briarcroft Homes in Uptown Houston

At 5663 Inwood Dr. in Uptown Houston, there is a wonderful home located in Briarcroft with natural stone tile flooring, cove lighting and crown/base molding. The kitchen includes a stainless steel KitchenAid appliance package, granite countertops, tile backsplash and a generously sized breakfast room. There are hardwoods in the bedrooms and a spacious walk-in shower in the master bathroom. The home comes with plenty of backyard space.

Price: $625,000.00
Features: 3 Bedrooms, 2 Full Baths (0 Half), 2526 Sq Ft
Type: Single-Family
Subdivision: Briarcroft
County: Harris
Area: Central West
Location: Houston
Style: Traditional
Year Built: 1955
Bedrooms: 3
Baths: 2 full
Sq Ft: 2526 Sq Ft
Lot Size: 14700 sq. ft.
Broker: Martha Turner Properties
MLS#: 19381714

At 1902 Chimney Rock in Uptown Houston, there is a lovely home located in Briarcroft with traditional brick elevation. There are hardwoods. Both bathrooms have been recently redone with neutral finishes. The home comes with large formals and oversized bedrooms. The superb master retreat comes with his and her closets. The kitchen offers a gas range, stainless steel refrigerator, glass cabinets, loads of storage and a large indoor utility room. The front has double paned windows. This home is on a rare oversized lot that offers a circular driveway for guests.

Price: $474,900.00
Features: 3 Bedrooms, 2 Full Baths (0 Half), 2204 Sq Ft
Type: Single-Family
Subdivision: Briarcroft
County: Harris
Area: Central West
Location: Houston
Style: Traditional
Year Built: 1953
Bedrooms: 3
Baths: 2 full
Sq Ft: 2204 Sq Ft
Lot Size: 14067 sq. ft.
Broker: Martha Turner Properties
MLS#: 52984566

View more of the beautiful homes in the Briarcroft neighborhood in Uptown Houston.

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