What is the deal with Metro? I understand the blue line is the expressway to the Medical Center through Bellaire Boulevard but is that a reason to disfigure the road and make it look nothing short of clowny? It has been over 3 months that the blue line has been painted on the curb, and I still cannot get used to it. It is aggressive. Disturbing. It plays with our mind making us feel as if us drivers had to pay attention to an imminent danger. Or maybe the intent is to make us think that if we are travelling down this road by car, shouldn’t we rather ride the bus? Let me know what you think… As far as I am concerned I keep looking for an eraser to make it go away!
14 single family homes sold in February ’09 in Bellaire. Of the 14, 3 were homes built before 1960 and ranged in price from $360,000 to $960,000. New home sales ranged between $860,000 and $2.2 Million.
Sales of single family homes were down compared to February ’08 (17 sales). The homes sold at an average of 94% of their last listed price. The price per square foot varied from $151 for a home built in 1993 to $257 for a new construction.
As of today, there are 196 homes on the market and 14 pending. For details about what is happening around your house, sign up for the FREE Market Snapshot on the right of this blog or email us to receive a detailed report.
I ran into a friend of mine today, and she asked me the question “How’s the market?” She knows I am in Real Estate. I gave her a fact: a house in Bellaire closed last week after being 3 days on the market. She could not believe it. So I told her it sold for a little over $2 million and she was even more perplexed! Yes, this is how Real Estate is. There are no generalizations to be made. We can pull alot of statistics and look at numbers, however it will not tell you how long your particular house will take to sell… I sold an older home in West U in November the day after it hit the market…To get a better idea of what your home will sell for, get the help of a professional. Or, if you’re just playing with the idea of selling or purchasing, you can sign-up for an automatic email update that will send you information on recent sales around your house. It is free! Just email me at Lucie@kw.com with your email address, street address and the frequency of the updates you would like (weekly, bi-weekly or monthly). You can remain anonymous. Why not take advantage of it? It is based on real MLS sales data as opposed to assessed tax values you find on many “real estate valuation” websites. Now you can get the answer first hand on how YOUR market is doing!
Never a news about recycling has ever excited me like this one!!!! The expansion of Bellaire’s curbside recycling to include glass (clear and colored) as well as plastics numbers 1 to 7 has left me ecstatic. Before the first curbside program was implemented, I would make the trip once every couple of weeks to the Bellaire Recycling Center with all acceptable recyclables. However, the implementation of the curbside recycling left me in a guilt-ridden dilemma: I was conscienciously recycling the few items accepted by that program, but I was not going to make a special trip to the Recycling Center – and suffer the foul-smelling air from the water treatment plant on Edith Street -for a few clear glass jars. Sorry, but my efforts were plenty enough like that… I didn’t like throwing glass nor did I enjoy throwing plastic containers with numbers other than 1 and 2. But nothing convenient was in place and I could never understand why… So I welcome with glee the new program… I won’t feel guilty any more emptying a wine or beer bottle or other cleaning product containers. As far as I am concerned, that’s great news. My wish is that everyone in Bellaire embraces this progress and starts recycling with renewed enthusiasm. It cannot get easier than this. By the way, I hope the company buying all this material is using every bit of it to make new stuff!
5909/5959 Realty Ltd., a partnership led by Braun Enterprises, has purchased two Bellaire office buildings totaling 152,000 sf from The Matrix Group.
The buildings at 5909 and 5959 West Loop South are 96 percent leased with leases averaging 1,100 sf.
The buyer assumed a loan that has a high prepayment penalty and three years left on its term and brought 45 percent equity to the table.
Hopefully the new owners will do some updating/upgrading to the buildings that boast a great location but look quite dated on the exterior.
