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Laura Hill
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Top of the Hill - Let us get you there!
Top of the Hill - Let us get you there!

83 followers
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My Hero!!

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That's my sweet Daddy in high design!! 
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Ecomomy of Houston SkylineHouston Skyline
According to the Houston Chronicle, www.chron.com, on Friday, June 7, 2013, the economic frontier of Houston is looking rather bright. A report from the U.S. Bureau of Economic Analysis, www.bea.gov, this past Thursday, stated that the economic activity in oil & gas exploration & production boosted sales in the state of Texas, especially in the Houston areas. Also, the gross domestic product - the total value of all economic activity within a state adjusted for inflation - increased 4.8 % in Texas in 2012. The U.S. average for 2012 was 2.5 %. While the energy industry contributed the most to economic growth in Texas, durable goods manufacturing, which includes the making of oil & gas field machinery, was also an important factor for the state. Only North Dakota, in 2012, experienced a better economic growth rate than Texas.
 Now is a great time to move to Texas, especially in the Houston metropolitan area and Westside Houston or better known as the Energy Corridor, which includes Katy, Sugar Land, & Cypress, has affluent areas with excellent schools, great neighborhoods and convenient residential living life styles. Moving to these and other great areas of the city can not be any easier with Laura Hill of Laura Hill Realtor as your personal Realtor, www.localkatyrealty.com. Call anytime to make an appointment to discuss your real estate needs.
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According to Erin Mulvaney of the Houston Chronicle,www.chron.com, A high-rise luxury condominium project planned in uptown Houston could be a sigBelfiore Condominiumsn of a more viable market than in previous years. The 26-story Belfiore will have 46 residences, including two pent-houses, on 2 acres at the southeast corner of Post Oak Lane & South Wynden Drive. The project is led by developer Giorgio Borlenghi with the Interfin Cos., www.interfin.com, who has developed high-rise residential buildings since the early 1980's, including Four Lear Towers, Villa d'Este Condo's & Montebello.
 Borlenghi said the new condo tower will be the "most luxurious place in town." By keeping the building to only 46 units on such a large site, we will truly be able to provide our residents with a level of privacy, exclusivity & service unlike any other property in Houston, he said.
 The units will be the largest available for condominiums in Houston, starting at 4,600 sq. ft., including 700 sq. ft. of terraces. The units will have 11 foot ceilings & views of downtown & Tanglewood. There will be a 24 hour concierge & valet service & underground parking.
 Construction is expected to begin early next year with a target completion date of spring 2016. The units are expected to have a starting sales price of $600 per sq. ft. or about 2.8 million. Borlenghi said this is a good time to build condominiums because of the improved economy & a demand from empty nesters who want to downsize, but only to a certain point. 14 people have already purchased units.
"The recent demand & real estate market is on the upswing," said Borlenghi. John Breeding, president of the Uptown Management District, said 12 residential projects are under construction in the immediate area. Breeding praised Borlenghi for quality architecture & attention to detail. He said the developer also has a unique sense of when to move early on projects. "This is the first edge of the wave of perhaps additional condominium construction," Breeding said.
 With the economy improving and getting better now is the time to act in regard to buying or selling real estate, so look no further than Laura Hill at Laura Hill Realtor, www.localkatyrealty.com, for all of your residential & commercial property needs.
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According to an article by L.M. Sixel in the Houston Chronicle, http://www.chron.com, she takes a great look at what questions to ask prospective colleges before committing to them. She states, "Besides the usual inquiries about average class size & graduation rates, I'm going to be asking which companies come regularly to recruit their graduates." "While I'm sure it will annoy my son - after all, which question during a tour doesn't annoy a teenager? - the answer will offer an insight into whether it's a good fit & a good investment. You might want to ask your kids, do you want to work with a blue-chip multinational energy company? Do you want a job with one of the big accounting firms? Or maybe you prefer a boutique law firm specializing in patent law. It makes sense to find out before you, or your parents, write that first tuition check whether your dream employer or your dream industry actually recruits on the campus of your dreams.
 Every school has a list of employers that regularly show up to interview perspective job candidates. They're at every career fair. They get to know the professors, so they have a pipeline to the best graduates. They sponsor research & have internship openings for up-and-coming students. The key is to find out which companies come to your college campus of choice & whether that's where you want to work.
 Beyond Energy
 It's also important to determine whether a university college attracts a variety of industries to campus. Oil & gas is the 800-pound gorilla in Houston, but not just energy companies that come to set up recruiting tables. Of the nearly 700 companies that come on campus, many have nothing to do with energy. There are medical device makers, law firms, small consulting firms & financial firms that want engineers for huge data-mining jobs.
Ask the Recruiter
 Another way to find out how to land a job is to ask the person you'd likely approach: the recruiter at your dream company about where they find their best & brightest. According to Kim Ferrarie, Senior Vice President at Air Liquide, http://www.us.airliquide.com, she first looks at The University of Texas, Texas A&M University, Georgia Tech & Purdue University. "We want to go to recruit where we have familiarity," Ferrarie said.
 So, make sure you do your homework before you commit to which college you would like to go to by asking the right questions. And someone who can always give you the right answers in the real estate world is Laura Hill Realtor, http://www.localkatyrealty.com.

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What do you think about my new Real Estate Assist?
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We take so much for granted. We complain way too much. Thank you Nick for reminding us who we need to be. God's Speed.

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According to Nancy Sarnoff of www.chron.com, activity in Houston's new home market, still just about half of what it was during the housing boom (2006) is Houston area up 33% in 1st qtr.heating up again. Area housing starts rose 33% during the first 3 months of 2013, as more buyers jumped into the market. The inventory of existing houses for sale has been shrinking as demand spikes & owners remain cautious about selling. The result has been a seller's market in many neighborhoods. Homes are selling as quickly as 1-2 days. According to Metrostudy, www.metrostudy.com builders started 6,462 homes in the 1st Qtr. 2013. It was the first time in five years that quarterly starts went above 6,000. New Housing starts are especially up in the Cinco Ranch (Katy, Tx) www.cincoranch.com & The Woodlands area, www.thewoodlands.com. The time to sell is obviously now, but with home sales prices, construction costs going up, & low interest rates, the time to buy is also now. Homes in the Katy & Woodlands areas are a hot spot for real estate buyers & sellers now. Like I always say, not having a Realtor agent when buying/selling a home or property is like going to court without an attorney. Look me up at www.localkatyrealty.com.

http://localkatyrealty.com/blog/wp-content/uploads/2013/05/Homebuilding-trend-chart-1st-qtr.-2013.tif

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I love this gift.
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