Real Estate Market News for August 2017 – Leslie Lerner Properties – Houston Realtor

Leslie Lerner Properties

AUGUST NEWS YOU CAN USE
Housing Stats ∙ Paint Instead of Replace

HOUSTON HOME SALES AHEAD OF 2016, BUT DOWN ON A MONTH-TO-MONTH BASIS

Houston single-family home sales rose for the tenth straight month compared to July 2016, but fell since June 2017. Prices seem to be leveling out.

Single-family homes inventory rose from a 4.0-months supply last July, to 4.5 months in July 2017. That is also a slight increase from 4.4 months in June 2017. Across the U.S., inventory is at a 4.3-months supply. The average days on the market fell to 48 days.

>>>Learn more about the Houston real estate market, paint instead of replace and more.

About the author

Leslie Lerner Properties understands that buyers and sellers are tired of having to account for high commission rates when budgeting for their home sale and/or purchase. That is why we have put our clients first by implementing flat fee listings and rebated real estate commissions. Our innovative approach to real estate commissions maximizes your return on investment. Why reduce the equity in your home with high commission rates? Leslie Lerner Properties is The Home of Flat-Fee Listings and Rebated Commissions.

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