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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. Put another way, the monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. So, what did they do?

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Buyer’s vs. Seller’s Market: How to Tell the Difference

Assurance Financial

Increased construction: Large influxes in new housing construction often result in buyer’s markets — just because homes are being built doesn’t mean there will be buyers interested in them. A prime example of one of these factors creating a buyer’s market was the financial crisis of 2007-2008.

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Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

Furthermore, the listing agent also often doesn’t make it easy for Houston homebuyers to get the survey, details and any prior inspection reports so you know really know what you’re buying. Read More To Learn How To Avoid Buying Homes With Flooding History. Disadvantaged homes sell more slowly or at larger discounts. Floor plan.

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SELLERS’ MARKET? HOW ABOUT BUILDERS’ MARKET?

Will Springer Realtor

housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8%

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