Remove 2017 Remove Contracts Remove Inventory Remove Open Houses
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Price Adjustments in this New Housing Market

Lamacchia Realty

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. That’s because fewer homes are being placed under contract. How do you know your house is overpriced? See chart below.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

What’s shocking is (through the end of 2020) about 23% of Houston neighborhoods in specific areas are still selling at LOWER PRICES than before Hurricane Harvey hit in 2017. Properties are still going under contract. While 2020 has been a record year, the Houston housing market is still facing a lot of uncertainties.

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6 Reasons Why Now Is a Great Time to Sell Your Houston Home

Houston Properties

My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. Hot housing markets don’t last forever, here are six reasons why now is a great time to sell a Houston home: 1. The combination of low inventory and high demand is great for sellers. Houston has 3.7 year-over-year.

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Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017). Sale #2: 2017. Overall, right now properties are still actively going under contract. Geo Market Area: Westchase. Zip Code: 77082.