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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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Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

Disadvantaged homes sell more slowly or at larger discounts. This is anecdotal data, but it supports the Houston real estate market trends we see above: In the aftermath of the 2007/2008 financial crisis, we saw a flight to quality in nearly every asset class. With higher home values come higher rental rates. Redfin: +3%.

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

Assurance Financial

Marketing a home in a buyer’s market vs. a seller’s market requires different tactics. In a market that favors buyers, sellers and their realtors have to put in a much greater effort to make their homes stand out through means of social media, open houses, and advertisements. Downloadable Guides.