May 2016

Courtesty of Houston Association of Realtors


Growing inventory helps meet increased buyer demand; pricing eases


HOUSTON — (June 15, 2016) — Steady growth in the supply of homes provided the fuel needed to help boost to the Houston real estate market in May, with single-family home sales up 10 percent year-over-year. As the market has seen for several months, the greatest concentration of home buying continued to take place among mid-range housing—homes priced between $150,000 and $500,000. The average and median price remained virtually the same as May of 2015.

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Economic Principles on how the Economy Works....

Whenever I am beginning to work with a new client, especially first-timer home buyers, the question we always must answer is "Are you Pre-Qualified or Pre-Approved?

This terminology can take different forms with each lender but generally....

Texas small land sales were the strongest segment of the Texas real estate market in 2015, with double-digit increases in sales and price per acre, according to the Texas Small Land Sales Report released today by the Texas Association of REALTORS®.

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