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.
New listings most likely accounted for June 2014 Houston home sales regaining ground lost in May 2014. May 2014 showed the first decline in home sales in three years due to lack of home inventory. June home sales increased 4.5% over last year, with homes priced between $250,000 and $500,000 showing the greatest number of sales.
Foreclosure sales dropped 46.6% over last year and now account for only 4.4% of all Houston homes inventory. Inventory has increased to 2.9 months of supply.
If you are in the Houston housing 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.