Bulman Real Estate

West Ranch is a new development on the west boundary of Friendswood. Click Here to read detailing information about West Ranch.  Now that more homes are being built the style and shape are taking shape. Many of the spec homes have hard flooring (wood or tile) on the first floor which most buyers now demand. [...]

Rates are down below 6% for just about all loan products (30 yr, 15 yr fixed, arm) FHA limits were increased and the end of school is approaching. Interest rates are directly affected by the bond markets. Many people think that when the fed reduces the short term lending rates it automatically means mortgage rates will [...]

In my opinion one of the biggest problems with our credit crunch and high foreclosure rate is bank reliance on FICO scores.  FICO scores do a good job of reporting an individuals past history of repayment of debt. The biggest problem is the scores do not forecast in my opinion the current position of the borrower. [...]

 
Constellation Pointe has had a rough start with slow sales.  The development sits on a prime piece of property shaped like a peninsula on the south shore of Clear Lake.  There are two major roads Constellation & Pegasus. Development along Constellation has been very brisk because the lots are large (close to an acre) and are true waterfront home sites. [...]

 
Galveston County single family sales were down by 14% in February when compared to February 2007. The number of pending contracts were also down 13.87%. As my other posts have noted 2006 & 2007 where the two best years for real estate sales ever for our area.  Its inevitable that number of sales with have to come [...]

Clear Lake’s largest and most popular community South Shore Harbour, is still turning out new homes 20 years after breaking ground in League City. South Shore Harbour is popular because it is a true master planned community. Some of the developments amenities include a 27 hole golf course, fitness center and marina. South Shore has always sold well and [...]

 
I am frequently asked what area makes up Clear Lake. Area 7 as far as the MLS is concerned is the highlighted area on the map above. Market data for area 7 includes parts of numerous cities including as far north as La Porte. Most people refer to the Clear Lake area as being the cities and [...]

Bear Sterns was provided emergency funds today by the Federal Reserve through JPMorgan Chase. How does this affect real people in Clear Lake & Houston?
On a national level its an indicator just how bad the mortgage down turn has affected financial institutions.  In general banks not having money is bad. We want banks to have plenty of [...]

An article from the Houston Chronicle reported today that home prices and sales are down. Unfortunately this is all most people will read. What the article fails to point out it that sales are down when compared to 2006 and 2007 the two best years in Houston real estate, ever. The market is a little softer [...]

As a personal note 2007 was an outstanding year for me. I was able to sell 28 properties this year with production over $5 Million. I sincerely appreciate the support and referrals I received from my clients. I want to be your real estate resource and I will always treat your referrals like family.
2007 was [...]