June News You Can Use
Housing Stats • Leslie Lerner Appointed to TREC Working Group • Coronavirus Relief Options
HOUSTON HOME SALES PERK UP IN MAY
In Houston, we like positive news! The HAR press release may rain on our parade since they only look at numbers from year to year, but on a month to month basis, things are a bit more cheery! Total property sales, pending sales and home sales in all prices ranges except $750,000 and above saw gains in May. The number of active listings and months of inventory have decreased. That may be good news for sellers. The average days on the market remained at 58,
On a personal note, I have seen a great amount of activity in the marketplace lately. It definitely gives us a sense of hope that we will bounce back quickly from the downturn of the past few months.
