Housing Market Update – Northeast Houston
Keller Williams Northeast Houston Realty strives to bring you the most current Houston housing market information so you can make the best decision on the buying and / or selling of your home.
With a low supply of inventory, and a high demand, January was a month of comparatively low sales, but high prices and quick turnaround on those homes.
As more homes become available on the market, sales should increase, but until demand and supply can level out, home prices will continue to rise.
According to HAR.com, the amount of homes available on the market dropped by 22% over last January. This could be a forecast of lower sales throughout the first quarter of 2014. Right now, Houston has a 2.6 month supply of available homes.
If you are in the market to sell your home, now is a great time to do so. Low inventory and high demand helps increase the amount of offers you receive. Having an expert in your area to sell your home is a must to take advantage of this real estate market. Low inventory and high demand also makes finding a new home a little more challenging. Keller Williams agents are number one in the nation because they are experts at finding your perfect home.
If you are in the market to buy or sell a home, please contact our office today. We’d love to help you take this next step in home ownership.
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