Real Estate Market News for November 2023

Leslie Lerner Properties

Real Estate Market News for November 2023

Housing Stats • Holiday Events

Buyers aren't gobbling up houses in the Houston area

The highest mortgage rates in two decades continue to hinder the Houston real estate market. October marked the 19th straight month of negative home sales. 

According to the Houston Association of Realtors, single-family home sales across Greater Houston fell 3.4 percent year-over-year, the lowest monthly rate of decline all year. Months supply of homes climbed to 3.6, matching November 2019. Houston area homes averaged 4 days on the market in October.

>>Learn more about the Houston housing market and Houston holiday events.


About the author

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.