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January 18, 2021
Nottingham Country Home for Sale

THE HOUSTON HOUSING MARKET DEFIES PANDEMIC IN 2020

THE HOUSTON HOUSING MARKET DEFIES A PANDEMIC TO SET NEW RECORDS IN 2020 Real estate’s designation as an ‘essential service’ was the key as Realtors provided critically needed housing to consumers throughout the year  HOUSTON — (January 13, 2021) — Not even a devastating global pandemic could stop the Houston housing market from shattering records as it crossed the finish line for the 2020 calendar year. Single-family home sales surpassed 2019’s record volume by more than 10 percent, even as the supply of homes withered to the lowest levels of all time. Stay-at-home orders resulting from the COVID-19 outbreak interrupted […]
December 19, 2020
About Steve Reddell

HOUSTON HOUSING BLAZES ITS WAY THROUGH NOVEMBER

HOUSTON HOUSING BLAZES ITS WAY THROUGH NOVEMBER Market maintains a record-setting pace even as the supply of homes dwindles further HOUSTON — (December 9, 2020) — Houston housing in November continued selling at a record pace despite historically low inventory, the start of the holiday season and the lingering coronavirus pandemic. A low supply of homes for sale and strong demand from homebuyers combined to push the average price to record territory. Once again, the high end of the market generated the strongest increase in consumer activity with mid-range homes also selling briskly. According to the latest Houston Association of […]
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 […]
July 23, 2020
Katy Homes

HOUSTON HOME BUYERS PUMP UP THE VOLUME IN JUNE

Pent-up demand resulting from COVID-19 boosts home sales for Houston home buyers, providing a welcome, but possibly brief respite from the pandemic’s effects HOUSTON — (July 8, 2020) — A flurry of homes going under contract in May after COVID-19-related stay-at-home orders expired led to a surge of closings in June, driving home sales volumes back up to levels considered more normal for summertime for Houston home buyers – and even beyond 2019’s record pace. However, renewed coronavirus concerns, stemming from a spike in cases across greater Houston and in other parts of Texas, may bring this taste of normalcy […]
June 13, 2020
Houston Housing Market

May 2020 – Houston Housing Market

CORONAVIRUS AND AILING ENERGY INDUSTRY CONTINUE TO IMPACT HOUSTON REAL ESTATE IN MAY Pandemic and slumping oil prices combine to drive closed home sales down for a second straight month, however leading indicators show positive signs HOUSTON — (June 10, 2020) — The Houston Housing Market fell for a second straight month in May as the impact of COVID-19 and related stay-at-home orders continued to play out throughout the market. Growing consumer interest in in-person open houses and property showings, as well as an increase in offers to purchase, demonstrated improving market conditions. The slumping energy industry limited buyers in the […]
May 31, 2020
Aggieland Homes for Sale

Bryan-College Station Homes and Real Estate for Sale

There are so many reasons to live in Bryan-College Station. As home to one of the premier universities in the world, every year people are looking for Bryan-College Station Homes and Real Estate for Sale. The Bryan-College Station area in South Central Texas is the home of Texas A&M University. It is centrally located between Houston, San Antonio, Austin and Dallas. Due to the university, location and amenities offered in Bryan-College Station, it has become one of the fastest growing areas in Texas. Many people decide to look for a home here just because it is such a great place […]