HOUSTON, June 27, 2007 - Watching the sun set over the sails and soothing waters, pier fishing with a straw pole and bobber, checking the crab net for your recent catch, building a campfire on the beach or catching your first wave on a surfboard.

Whatever your favorite childhood memories of Galveston are, you can recapture those times again with you and your family. Prudential Gary Greene Realtors, Galveston's premiere authority on Island living, invites you to experience those moments again and create new ones.

From July1 through July 8, the firm will sponsor a "Red Tag" Summer Sale event of Galveston and Tiki Island's finest properties. A collection of some of the most sought-after properties will be specially priced, some as much as 30% off of original price, July 1-8; inclusive of the 4th of July holiday. All homes will be held open both Sundays, July 1 and July 8 from 2:00 p.m. to 4:00 p.m. Homes participating will have a Red Tag attached to the yard sign. Interested parties may visit www.garygreene.com and select the Red Tag on the home page from June 29 until the end of the sale. Each home that is specially priced for the week can be instantly viewed directly from the home page. For a personal tour of any of the properties, call the Galveston office at 1.800.880.9697 for West End homes, 409.938.1121 for Tiki Island area homes, and 409.737.2663 for East End homes.

The week of the Fourth of July attracts not only resort property owners and renters to Galveston and Tiki Island, but also families from all over Texas and the nation.

"This year we felt it would be advantageous to hold a special event during a time when visitors can actually tour the unique homes available and capitalize on the value pricing," said Kelly Kelley, co-manager of Prudential Gary Greene's Galveston operations. "Galveston has such a wonderful climate all year long that many people looking for a second home in a resort area, a place to retire, or an income producing property find the location and variety of recreational activities worth far more than the investment, especially with current interest rates being so attractive."

Texas, which was the number four destination for retirees based on 2000 data, attracted 6.8 percent of America's migrant retirees in the 2005 data, up from 4.8 percent in 2000, giving Texas the second most attractive position where Americans retire. According to Dr. Mark Dotzour, chief economist with the Real Estate Center at Texas A&M University: "Good weather and the low cost of living have always made Texas one of the most attractive spots in the country for retirees. The cost of housing in Florida and California has gotten so extreme that it makes sense that Texas becomes even more desirable to retirees from all over the country."

According to Kelley, "California and Florida are noted for retirees purchasing homes primarily near their coastal and resort areas. We are already seeing signs that the ultimate place to retire and afford a recreational lifestyle is Galveston."

Despite your recreational interests or stage of life, Galveston or Tiki Island is a place where many wonderful memories are made. Prudential Gary Greene, Realtors wishes you a safe and Happy Fourth of July and we hope that visiting Galveston or Tiki Island is in your celebration plans.

About Prudential Gary Greene, Realtors

Prudential Gary Greene, Realtors has grown to include 26 offices in the Greater Houston Area - 16 company-owned offices and 10 affiliated offices, representing over 1100 agents. Prudential Gary Greene, Realtors is ranked #14 in the Prudential Real Estate Network. With annual sales in excess of $2.4 billion, it is the area sales leader and serves every major residential neighborhood in Houston and surrounding areas. Partners Marilyn Eiland, Bill McIlwain, and Mark Woodroof are actively engaged in the daily operation of the company. Prudential Gary Greene, Realtors has a national referral base of over 1,600 real estate offices, and it is the Houston area's exclusive member of The Vision Group, whose member brokerages represent major markets throughout the United States and produce in excess of $30 billion in residential sales annually. www.GaryGreene.com.