Houston Housing and Real Estate Market Statistics

May 15, 2021
Katy Homes

HOUSTON REAL ESTATE TEARS THROUGH APRIL AT A RECORD PACE

HOUSTON REAL ESTATE TEARS THROUGH APRIL AT A RECORD PACE The high-end buying frenzy pushes home sales and prices to record highs while keeping inventory at a record low  HOUSTON — (May 12, 2021) — Low interest rates inspired consumers to snap up high-end homes in April at a pace never before seen, sending prices to new highs while keeping home inventory at historic lows. It must be noted that, as in March, some figures contained in this latest housing report are distorted because they compare to the same month last year when real estate was just beginning its recovery […]
April 24, 2021
Aggieland Homes for Sale

HOUSTON REAL ESTATE HOT IN MARCH

FORCES COMBINE TO KEEP HOUSTON REAL ESTATE HOT IN MARCH Sales of high-end homes explode while a severe lack of inventory leaves consumers little to buy in the sub-$250K market  HOUSTON — (April 14, 2021) — HOUSTON REAL ESTATE HOT IN MARCH. A shortage of available homes priced at $250,000 and below combined with frenzied shopping among high-end homes produced a surge in pricing when compared to a Houston housing market in the grips of a pandemic-related lockdown a year earlier, in March 2020. Record low interest rates continued to fuel the buying bonanza. According to the latest Houston Association of […]
March 14, 2021
Texas Freeze in Katy

HOUSTON REAL ESTATE INSULATED FROM ARCTIC BLAST

Despite the freak winter storm, sales climbed for a ninth straight month and pricing set a new record  HOUSTON — (March 10, 2021) — The deadly and disruptive winter storm that left many Houston-area homes without power and water even after mild temperatures returned did little to chill local real estate in February. While the freak weather event delayed some closings due to plumbing-related repairs and property damage, sales of single-family homes rose for a ninth straight month. The increase was also achieved despite an ever-shrinking supply of homes and the first uptick in mortgage rates since last summer – all […]