Real Estate Market News for October – Leslie Lerner Properties – Houston Realtor

OCTOBER NEWS YOU CAN USE
Housing Stats ∙ Proposition 1 ∙ New Lending Laws

HOUSTON HOME SALES BACK UP IN SEPTEMBER

Houston homes sales were better in September after a slow August. The Houston housing market saw across-the-board gains in September 2015 vs 2014, while prices reached record highs for a September. Just as in August, homes priced between $150,000 and $500,000 saw moderate gains, while the low and high ends of the market declined.

September single-family home sales had an increase of 3.5 percent. It took 49 days for the average home to sell versus 48 days in 2014.

Houston housing inventory grew from a 2.9-months supply last September to a 3.5-months supply. Inventory has held at a 3.5-months supply for the past three months, but is still below the current national housing supply of 5.2 months

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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.

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