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

Leslie Lerner Properties

JUNE NEWS YOU CAN USE
Housing Stats ∙ 2017 School Report Card ∙ Mosquito Safety

HOUSTON HOME SALES, RENTALS & INVENTORY INCREASE IN MAY

Houston home sales, rentals and single-family homes inventory are up compared to May 2016. May also marked the seventh consecutive month of rising sales for homes in the $750,000 and above price range.

Single-family homes inventory rose from a 3.6-months supply last May to 4.1 months in May 2017. This is the largest amount of Houston area housing inventory in nearly five years. Across the U.S., inventory is at a 4.2-months supply. The average days on the market fell to 51 days.

>>>Learn more about the Houston housing market, the 2017 Houston Chronicle School Report Card, mosquitos 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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