Houston, we need housing inventory! Houston’s housing inventory is quickly depleting. As of January, Houston’s inventory of available homes remained at a 2.6 month supply. This is down from the 3.6 months supply one year ago. Until there is more housing inventory on the market, there will be higher pricing than we saw throughout 2013...Continue Reading
2013 Was an Amazing Year for Houston Area Home Sales While home prices rose and inventory shrunk to new record lows, December marked the 31st consecutive month of positive home sales. The outpouring of home sales in the Greater Houston area has been influenced by the addition of more than 86,000 jobs that drew buyers...Continue Reading
Available Housing in Houston is Dwindling If you are looking for a home, you will find that available housing in Houston is dwindling. The supply of homes in the Houston housing market fell to 2.9 months of inventory compared to 4.1 months in November 2012. Throughout 2013, inventory has decreased from a 3.6-month supply in...Continue Reading
Leslie Lerner Properties December Real Estate News provides you with the latest Houston real estate market news, the benefits of buying and/or selling a house during the winter months and fun, festive events for December. Have a Happy Hanukkah and a Merry Christmas! Leslie Lerner Properties thanks you for an amazing 2013 and looks forward...Continue Reading
Houston home sales have shown no sign of letting up after twenty-nine months of positive home sales. Read the entire HAR press release.Continue Reading
September was the 28th consecutive month of positive home sales, and there still is no let-up in sight. The pace of home buying drove months of inventory down to 3.2 months compared to 4.7 months at this time last year. September brought gains to all housing segments except the under-$80,000 market. Homes selling from $250,000...Continue Reading
