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:
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Arthur Confait
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- 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
