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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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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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