Houston Housing Market is rising. Houses are going fast and at higher prices than ever before. Some properties are selling before they even hit the market.
Properties are in such high demand, sellers are getting multiple offers on the day their house goes up for sale, and contracts will often get signed within days. When those properties hit har.com, they're already listed as pending sales.
The Woodlands and other subdivisions north of the city are benefitting from a number of corporate expansions such as Exxon Mobil who is planning to have 10,000 workers to a new campus under construction off Interstate 45. Approximately 2,000 of these workers are expected to come from out of state.
Houston Housing Market is rising also in Katy and Fort Bend County.
Housing inventory in Houston went down to 3.6 months in January, the lowest level since December 1999. The inventory of homes for sale is down 20 percent from January of 2012. So this means that Houston housing market is rising!
For more information follow this link....
https://www.har.com/mls/dispPressRelease.cfm?MONTH=02&YEAR=13