12/08/15 12:00pm

Market Conditions Chart from West U Real Estate

Today Swamplot is sponsored by Judy Thompson, exclusively a buyer’s agent.

Judy Thompson has operated the West U Real Estate website since 2003. The site provides regular assessments of Houston residential market conditions for homes in 10 separate price ranges in 19 popular Houston Zip Codes. Thompson’s regularly updated calculations take into account the amount of inventory currently available and the pace of sales in the previous 12 months. Color-coded charts show whether by each calculation the current market favors buyers, sellers, or neither (a “normal” market). A portion of the latest overall chart is reproduced above.

A separate chart on the site plots the average of the weighted averages from the market conditions chart, attempting to illustrate the change in housing inventory in 6 MLS areas over time. (The lowest point was the 2-month supply that held roughly from spring 2013 to spring 2014 — “that crazy free-for-all when anything decent had multiple offers by day 3,” Thompson notes.) The average inventory currently is just under a 6-month supply, according to her latest data.

More detailed figures for each Zip Code are provided on separate charts. Thompson has worked as a buyers’ agent exclusively since 1997.

Becoming a site sponsor is a great way to expose Swamplot readers to helpful information. If that’s something your business offers, please contact us on the Swamplot sponsorship line.

Sponsor of the Day
12/08/15 11:30am

Melrose Building, 1121 Walker St., Houston, 77002

After more than 2 decades of abandonment, the Melrose Building at 1121 Walker is getting some TLC: a total makeover as part of conversion of the building to a Le Meridien hotel. Permits were issued the week of Thanksgiving to begin a complete overhaul of the interior; the exterior will receive an update as well.

The remodel will attempt to restore the youthful good looks of Houston’s oldest Modern skyscraper — as shown in the rendering below, the renovation will bring back the building’s original color scheme:

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Going Retro
12/08/15 9:45am

Oui Banh Mi, 1601 Richmond, Montrose, Houston, 77006

Lucky Burger, 1601 Richmond Ave. at Mandell St., Montrose, HoustonHere’s a photo of the new construction underway on the now-barrel-bereft lot at 1601 Richmond, future home of drive-thru Vietnamese sandwich shop Oui Banh Mi. The new structure, shown above from Mandell, is currently shrouded in housewrap. (The historical photo of Lucky Burger is taken from the Richmond side.)

The Lucky Burger barrel, which stood on the corner for more than 40 years, was demolished on Halloween under the cover of citywide flood warnings.

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Oui Banh Mi, No Barrel
12/08/15 8:30am

Twilight-Epiphany-Skyspace

Photo of Twilight Epiphany Skyspace at Rice University: Jan Buchholtz via Swamplot Flickr Pool

Headlines
12/07/15 4:45pm

PHOTOS OF THE OIL DERRICKS THAT ONCE TOWERED OVER ALL THOSE FAMOUS CALIFORNIA BEACHES Meanwhile, in Los Angeles: Northern California’s redwoods are striking, but the forests of oil derricks that once spread across areas of urban southern California leave a distinct impression as well. The Retronauts at Mashable have pulled together a collection of photos of densely-spaced derricks that loomed over Venice, Long Beach, Signal Hill, and other well-known L.A. areas in the 1920’s and 30’s. The derricks can be seen standing tall in, around, and over urban scenes across the region — between houses, in commercial areas, and at the beach, all the way to the water’s edge. [Mashable]

12/07/15 4:15pm

Fly High Little Bunny, W. 19th St., Heights, Houston, 77008

The sign isn’t up yet, but sales are already taking off: Fly High Little Bunny commenced regular business hours yesterday at its new location on W. 19th St. and Rutland, following Saturday’s opening for the Holiday in the Heights shopping event. The former Shepherd landmark left its old storefront at the corner of W. Alabama earlier this year to make way for a CVS and pad site.

Photo: Swamplot inbox

Flight From West Alabama
12/07/15 12:00pm

skyhouse-river-oaks-deck

SkyHouse River Oaks, 2031 Westcreek Ln., Highland Village, Houston

Today’s Swamplot Sponsor is the SkyHouse River Oaks.

The SkyHouse River Oaks welcomed its first residents just before Labor Day weekend. Since then, a number of community events have been held in the building’s 25th-floor SkyLounge and surrounding dual pool decks (see photo at top) — including a fundraiser for Lucky Dog Rescue and a FEED Foundation supper that together raised nearly $20,000 for the 2 nonprofits. These and other events, including a reveal party and several holiday happenings, have introduced the building and its dramatic skyline views to thousands of Houstonians.

In place of a traditional model apartment, the SkyHouse’s “creative suite” features a unique ode to Houston created by MP Studio, a division of Meeks+Partners. Take in a tour and you’ll find a number of creative uses of space — such as a closet converted into a bar — and several quirky elements, such as the Beyoncelier chandelier pictured in the photo above. The SkyHouse River Oaks is located at 2031 Westcreek Ln., just minutes from the River Oaks District, the Galleria, Highland Village, and Uptown. More information, including floor plans and pricing information, is available on the SkyHouse River Oaks website.

Becoming a site sponsor is a great way to reach Swamplot readers. If you think that might be a good move for your business, contact us on the Swamplot sponsorship line.

Sponsor of the Day
12/07/15 11:30am

Proposed Gilley's, SH 146, La Porte, TX Urban cowboys, hold your horses: A Gilley’s rebirth is in the works near the Ship Channel, but it will be neither as rootin’ nor as tootin’ as its world-famous Pasadena ancestor. Last month La Porte’s city council approved a proposed general plan for the La Porte Town Center, a $55-million mixed-residential-and-retail-and-sports-and-entertainment district anchored by a Mickey Gilley’s Family Entertainment Center.

Modern-day Wes Hightowers would best look elsewhere to shoot mezcal and brawl — a floorplan for the dancehall shows that the 50,000-sq.-ft. facility is geared towards more wholesome pastimes, offering “Branston-type stage performances”, roller skating, laser tag, billiards, video games, boutique bowling, bumper cars, a Western duds shop and a cafe. The inevitable mechanical bull is located by the entrance to the restrooms:

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East Side Town Center
12/07/15 9:15am

Map of Oil Wells in and Around Pierce Junction Salt Dome, Houston

Right next door to the fairways of the Wildcat Golf Club, Fairway Energy Partners is moving forward with plans announced this summer to put nearly half a billion gallons of crude oil back into the ground, right in the center of the once-wild Pierce Junction oil field just south of the Inner Loop between S. Main St. and Highway 288. (The field, which a 1956 Time Magazine article called the site of “the biggest of all Gulf Coast oil booms,” still pumps out oil.) Fairway announced in November that they’ve picked engineers to help them retrofit 3 of the 8 man-made caverns dissolved into the Pierce Junction salt dome for crude storage.  A dense ring of current and closed oil wells (mapped as green dots above) traces the uppermost reach of the migrant salt, buried approximately 950 feet below the surface and extending several miles deep to its source layer.

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Partners in Brine
12/07/15 8:30am

edwards-street-concrete-pour

Photo of Edwards Street concrete pour: Russell Hancock via Swamplot Flickr Pool

Headlines
12/04/15 4:45pm

DUTCH MUSEUM EMBRACED BY ITS SWAMPY SURROUNDINGS Meanwhile, in Werkendam: The Biesbosch Museum in the Netherlands now appears to have merged with the extensive wetlands of the surrounding national park, following renovations this summer that blanketed the building’s sloping exterior with grass and herbs. The new vegetation flows directly into the landscape of the Museum’s created island (developed as part of the extensive “Room for the River” initiative, meant to address severe flooding in areas of the low-lying nation).  The Museum’s new exterior creates the illusion that sections of the landscape have been peeled up to form the building’s wedge-shaped exhibition spaces. [Dezeen]