Real Estate Market News for August 2019

Leslie Lerner Properties
August News You Can Use
Housing Stats • 2019 International Builders’ Show Awards

Houston Home Sales Spark in July

We wish it was fireworks, but we will take what we can get. The Houston real estate market sparkled in July with a small sales increase in all price ranges on a month-to-month and year-to-year basis. Per HAR, July single-family home sales totaled 8,953, up 11.6 percent year-over-year.  This exceeds the last one-month sales volume record set in June 2018 (8,385). Sales are 3.0 percent ahead of 2018’s volume.  Last month, housing inventory decreased to a 4.3-months supply. The average days on the market increased to 50 days.

>>>Learn more about the Houston real estate market and the 2019 International Builders’ Show Awards.

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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.