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Tuesday, March 3, 2015

What Can We Expect for Houston Area Real Estate in 2015?



Considering Buying? GO HERE to perform a Full Home Search, or if you're a prospective seller, CLICK HERE to receive a Free Home Value Report. For any other questions, feel free to call me at (281) 599-6575, or shoot me an email at rdr@daleross.com.

Houston Real Estate Agent
Hey everyone, today we are here to give you a quick market update. Currently, we are in a firm seller's market here in Houston. Homes that are coming on the market priced correctly are all selling in 7 days or less, often above list price.

As far as inventory goes, we don't have much. Currently we have just about a month of inventory of homes in our market. As for the drop in oil prices affecting the housing market, we have seen no evidence of that to date.

Eventually, the market is going to get very competitive for home sellers. However, right now sellers can take advantage of the low inventory and the fact that interest rates are near all-time lows. Buyers are out there right now, looking to lock in a low rate on a reasonably priced home.

If you have any questions, or would like us to send you a copy of our full market report, give us a call or send us an email and let us know! We look forward to hearing from you!