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Discovering Katy Texas

November 14, 2020
Aerial Katy

HOUSTON REAL ESTATE SOARS IN OCTOBER

HOUSTON REAL ESTATE SOARS AGAIN IN OCTOBER Consumers keep the market humming despite record-low inventory and a pandemicHOUSTON — (November 11, 2020) — Even with an ever-dwindling supply of housing and a lingering pandemic, consumers bought homes at a frenzied pace in October, keeping Houston real estate market soaring in October. The high end of the market once again registered the greatest sales volume increase, with mid-range homes also attracting heavy activity.  According to the latest Houston Association of Realtors (HAR) Market Update, 9,287 single-family homes sold in October compared to 7,187 a year earlier. That represents a 29.2 percent increase and […]
October 18, 2020
Aerial Katy

Houston Home Sales Surge

Houston Home Sales – Inventory shrinks to its lowest level in nearly six years HOUSTON — (October 14, 2020) — Houston home sales sizzling summer of home sales extended into September as consumers continued to take advantage of historically low mortgage interest rates amid a pandemic. Once again, the high end of the market experienced the greatest increase in sales volume, with mid-range homes also drawing strong activity. The sales frenzy, combined with a steady decline in the number of homes entering the market in recent months, has sent inventory to its lowest level in almost six years, making a […]
September 13, 2020
Katy Home

HOUSTON REAL ESTATE REGISTERS STRONG AUGUST PERFORMANCE

HOUSTON — (September 9, 2020) — Following a July that vaulted Houston real estate into the record books, August proved to be another healthy month for home sales despite the lingering coronavirus pandemic. The high end of the market staged the strongest performance, pulling up overall pricing along the way. However, with a decline in the number of listings for sale coming on the market, inventory has now fallen to its lowest level in five years, setting the stage for moderating sales in the weeks ahead despite historically low interest rates. According to the latest Houston Association of Realtors (HAR) Market […]
August 14, 2020

JULY HOME SALES ACROSS HOUSTON

JULY HOME SALES ACROSS HOUSTON REACH RECORD TERRITORYSales volume and pricing soar to new highs as pent-up demand from COVID-19 heats up Houston housing for a second straight month   HOUSTON — (August 12, 2020) — A continued surge in closings from homes that went under contract after the lifting of COVID-19 stay-at-home measures propelled Houston real estate into record territory in July – surpassing June’s stronger-than-expected performance. However, a dwindling supply of homes caused by the burst of homebuying and home sellers holding back amid the ongoing COVID-19 crisis will make it difficult to keep up with the strong buyer demand. According to […]

Discovering
Katy Texas

November 14, 2020
Aerial Katy

HOUSTON REAL ESTATE SOARS IN OCTOBER

HOUSTON REAL ESTATE SOARS AGAIN IN OCTOBER Consumers keep the market humming despite record-low inventory and a pandemicHOUSTON — (November 11, 2020) — Even with an ever-dwindling supply of housing and a lingering pandemic, consumers bought homes at a frenzied pace in October, keeping Houston real estate market soaring in October. The high end of the market once again registered the greatest sales volume increase, with mid-range homes also attracting heavy activity.  According to the latest Houston Association of Realtors (HAR) Market Update, 9,287 single-family homes sold in October compared to 7,187 a year earlier. That represents a 29.2 percent increase and […]