FEBRUARY NEWS YOU CAN USE Housing Stats ∙ Innovative Products for the Home Unveiled at CES 2017
HOUSTON HOUSING MARKET SAW YEAR-OVER-YEAR GAINS IN JANUARY
The Houston area housing market started off the year with across-the-board gains compared to January 2016. Homes priced between $500,000 and $750,000 showed the strongest sales activity. Sales of homes priced at $750,000 and above remained strong for the third consecutive month.
Single-family homes inventory grew from grew from a 3.3-months supply to 3.5 months. Across the U.S., inventory is at a 3.6 months supply. Days on the market grew to 64 days.
JANUARY NEWS YOU CAN USE Housing Stats ∙ Homestead Exemption ∙ Prevent Burst Pipes During a Freeze
HOUSTON HOUSING MARKET HELD STEADY THROUGHOUT 2016
The Houston area housing market was stable throughout 2016 despite fears of falling oil prices and layoffs. After a decline in 2015, single-family home sales increased 3.0 percent and is 1.3 percent above the homes sold in 2014.
Inventory levels grew during the first half of 2016, hitting a 4.0-months supply in July. Levels were down to a 3.3-months supply, at the end of the year, which is the same level as the beginning of 2016.
The Houston housing market had gains in December 2016 with single-family home sales and total property sales all up compared to December 2015.
Single-family homes inventory grew from a 3.2-months supply to 3.3 months. Inventory across the U.S. currently is at a 4.0-months supply.
FEBRUARY NEWS YOU CAN USE Housing Stats ∙ Design Trends for 2015 and Beyond
HOUSTON REAL ESTATE MARKET IS STARTING 2015 MUCH AS IT ENDED 2014
The Houston real estate market is starting off 2015, much as it ended 2014, with home sales and prices on the rise and inventory at historic lows. The majority of homes sold in in January took place among homes priced between $250,000 and $500,000. Sales slowed significantly for homes priced above $500,000. There is still speculation that sales will subside as a result of lower oil prices and limited inventory. Townhome and condominium sales have already started to decline.
The latest Houston Association of Realtors (HAR) monthly report states that single-family home sales totaled 4,032 units, an increase of 6.1 percent compared to January 2014. There is a 2.6-months supply of inventory versus a 2.7-months supply last January. The current national supply is 4.4 months.
September News You Can Use ∙ Housing Stats ∙ Do’s and Do Not’s After Being Preapproved for a Mortgage
Houston area home sales showed gains in both sales volume and prices in August. Housing inventory remained steady month-over-month, but it still slightly below year-ago levels. Prices were the highest for an August, but were lower than June’s record highs.
Cy-Fair / Tomball Real Estate Listing – 16915 Hereford Dr.
Leslie Lerner Properties is excited about their new Cy-Fair / Tomball real estate listing at 16915 Hereford Dr. This wonderful, custom built Hill Country style home is on a quiet 77,550 sf lot with private trailed woods, open sky views, a saltwater pool/spa and a zip line. The eye-catching interior has many terrific architectural and useful features that only a custom home would have. This house is made for entertaining with large living areas and a fabulous kitchen. The master, study, living areas, kitchen and two bedrooms downstairs. A gameroom and another bedroom on the 2nd floor. This house is move-in ready.
Houston Heights Real Estate Listing – 1225 Nicholson
Leslie Lerner Properties is elated about their new Houston Heights real estate listing at 1225 Nicholson. This amazing Heights home was built in 2012, looks like a showcase and has a full garage apartment with kitchenette and bath. Located right on the hike and bike trail, this home is immaculate with gleaming wood floors throughout, lots of natural light, granite and marble countertops, stainless appliances and more. Large living area, dining room, kitchen and breakfast room on the first floor. All bedrooms on the second floor. Beautiful paint colors throughout. Move-in ready.