MLS Report for January 2010

Houston’s Luxury Home Market Gets a Boost in January

Surge in sales of homes priced $500K and above promotes double-digit price appreciation

 

HOUSTON — (February 16, 2010) — The Houston real estate market opened 2010 with a mixed bag of readings, making it difficult to determine a clear direction for the months ahead.
January sales of single-family homes [...]

Housing Trends Affecting Demographic Groups across America!

by Phoebe Chongchua – Thu, Feb 4, 2010 (Pulled from RealtyTimes)

The Urban Land Institute predicts there will be two major changes beginning in this new decade in our country that will affect the housing market.
The first is that home appreciation will slow. The report predicts annual appreciation of 1 percent to 2 percent. The second [...]

Houston Housing Market Sees Strong Price Appreciation in December

Houston Housing Market Sees Strong Price Appreciation in December

2009 year-end sales figures reflect normalization following distortions caused by Hurricane Ike

 

HOUSTON — (Jan. 19, 2010) — The Houston real estate market closed out 2009 with a more realistic snapshot of local conditions, ending three months of sales readings that appeared high when compared to the fall [...]