Our Houston area real estate market is hot and has been for some time now. With limited inventory and an influx of home buyers into our market, the average sales price of a single family home is up 22% over the same time last year. The total number of active listings is down 15.9%, and the months of inventory is just 2.6%. Wow!!! New home starts are on the rise but had previously been so lagging that it will take some time for them to impact the demand in the housing market.
With all of that being said, now is the time when you really need an experienced Realtor - whether you're buying or selling a home.
For Buyers - If you're a buyer, you will want to:
- Have your pre approval letter ready to submit with any offer you make. Home…