Thursday, October 3, 2013

Houston's Hot Summer Real Estate Market

It has been one hot summer for Houston real estate. Houston real estate experts and reporters say they have never seen such a busy summer and are having a difficult time predicting when this hot market will cool down. Here's a breakdown of the details:

- Homes selling at $250,000 or more saw the greatest increase in sales, causing the median home value in Houston to increase to $186,200.

- The number of condominiums and town homes sold also jumped higher compared to last year's numbers.

- The number of rental properties leased increased dramatically.

- Homes are selling so quickly that they are skipping the "pending" status stage.

- Rent averages for both single-family homes and condominiums/town homes increased.





If you or someone you know has a question about real estate, please contact me using the information provided below.

Arthur Confait
Email: arthurconfait@gmail.com
Website: CLICK HERE

No comments:

Post a Comment