July News You Can Use, Housing Stats, Texas Flag Code & More
HOUSTON HOME SALES SHOT BACK UP IN JUNE
May was the first month in three years that Houston’s housing market showed a small decline, but June sales lurched right back up into positive territory due to an increase of new listings. The Houston Association of Realtors (HAR) reports that the inventory of homes climbed slightly to a 2.9 month supply, down from a 3.3 month supply in June 2013, and much lower than the national supply of 5.6 months of inventory. Days on the market for single-family homes reached the lowest lever of all time at 46 days.
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