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.
Despite the news that you may have been hearing lately, there are a lot of buyers in Houston. While it's true that demand has fallen by 20%, the biggest news in Houston is that the supply of homes is actually up by 30%.
When you combine these two factors, that accounts for nearly a 50% shift in the market when we compare it to last year. Prices are finally stabilizing, and appreciation rates have become more sustainable (4% per year instead of 12%).
Despite the market slowing and steadying a bit, you can still expect your home to sell in 7-14 days if it's priced correctly and in good condition. It's still a wonderful time to sell your home in Houston.
It's also a good time to buy a home. Interest rates are low and inventory has increased, so you're sure to find a good home at a very affordable price.
Please let me know if I can help you with your buying or selling needs in Houston!
