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Tips for Buying a House in a Seller’s Market

Assurance Financial

Though many individuals are interested in purchasing a home, the inventory of available properties is low. Sellers have an advantage in this housing market since the lack of available homes creates more competition among buyers. Increasing prices and decreasing inventory often indicate a seller’s market.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. While 2020 has been a record year, the Houston housing market is still facing a lot of uncertainties. The market will see an influx of price drops and hikes due to low inventory and high demand.