OCTOBER NEWS YOU CAN USE
Housing Stats ∙ Overpricing Can Cost You
HOUSTON AREA HOME SALES SLOWED DOWN IN SEPTEMBER
Houston area homes sales eased slightly in September with a 0.5 percent year-over-year decline. September sales of all property types was down 1.6 percent from the same month last year. The market’s low and high ends experienced declines, while homes priced between $150,000 and $500,000 saw positve sales volume.
Months of inventory for single-family homes rose from a 3.5 months supply to 3.9 months. Housing inventory across the U.S. is at a 4.6 months supply according to the National Association of Realtors.
>>>Read more about the housing statistics, how overpricing can cost you and more.
