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Old 03-18-2012, 09:08 PM
 
Location: Houston area
1,408 posts, read 4,037,875 times
Reputation: 639

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I checked a few properties around town. Inner loop areas appear stable or up 10-20%. Areas around the Beltway, except the West, appear stable or slightly lower.

How did you guys fare? Reasonable?

*A few pockets around town are still pending.

HCAD Real Property Records



EDIT: By the way, if anyone wants to protest values, message me and I'll research some comps to use.

Last edited by City Love; 03-18-2012 at 10:27 PM.. Reason: Added info
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Old 03-18-2012, 09:14 PM
 
Location: Clear Lake, Houston TX
8,376 posts, read 30,585,671 times
Reputation: 4718
Stable
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Old 03-18-2012, 09:15 PM
 
Location: Charleston Sc and Western NC
9,273 posts, read 26,390,602 times
Reputation: 4740
Mine won't even pull. It's like the street name is too long

Edit: never mind...I got it to pull, they upped us another 100k...on a CRACK Bender apparently. My panel of peers at work once again: finding a new mirror,a driveway,and some new windows equating 100 grand.

Can't wait for prop. number 2...that ought to be a show stopper

Last edited by EasilyAmused; 03-18-2012 at 09:30 PM.. Reason: UAI
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Old 03-18-2012, 09:23 PM
 
1,534 posts, read 3,479,735 times
Reputation: 1296
My neighboorhood was up about 8-14%.
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Old 03-18-2012, 09:58 PM
 
Location: Cypress, TX
1,983 posts, read 3,479,994 times
Reputation: 2126
My 2012 value is exactly the same as 2011.
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Old 03-18-2012, 10:00 PM
 
Location: Houston
811 posts, read 1,547,221 times
Reputation: 1149
No change
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Old 03-18-2012, 10:14 PM
 
2,480 posts, read 7,102,837 times
Reputation: 2079
Ugh. My dropped $30k. While in a sense that's great, in another it's awful because we want to sell in 1-2 years. Hopefully next year it will back on the upswing.
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Old 03-18-2012, 10:24 PM
 
418 posts, read 738,575 times
Reputation: 993
Mine went up $36k.
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Old 03-18-2012, 10:24 PM
 
Location: Houston area
1,408 posts, read 4,037,875 times
Reputation: 639
Quote:
Originally Posted by lhafer View Post
Ugh. My dropped $30k. While in a sense that's great, in another it's awful because we want to sell in 1-2 years. Hopefully next year it will back on the upswing.
As long as comparable homes aren't selling for less, you'll be ok. But lower HCAD values are a sign that foreclosures are taking a toll on values, either that, or just slow sales.
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Old 03-18-2012, 10:32 PM
 
2,480 posts, read 7,102,837 times
Reputation: 2079
Quote:
Originally Posted by City Love View Post
As long as comparable homes aren't selling for less, you'll be ok. But lower HCAD values are a sign that foreclosures are taking a toll on values, either that, or just slow sales.
This is what I don't get. There are 7 foreclosures in my neighborhood (a MPC of about 2,000-2,500 homes. And 4 of those are pending contracts. And houses in this area have been selling quite fast in general. At least that's what a realtor friend of mine is telling me, and from what I see on Har.com. That sales are good in our area.

Some home values went up by quite a bit, some stayed the same, and some went down. All the floorplans that are comparible to mine all went down by $30k like mine did. So at least the comps are there for our house.

Here's a foreclosure listing: http://search.har.com/engine/11907-L...AR93816194.htm
Selling for $279,900
2011 HCAD Market and Appraised Value: $273,623
2012 HCAD Market and Appraised Value: $284,380
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