Here is a short video recap of the Houston housing marketing for 2015.
*Average price of single-family home down less than 1% at $280,000
*Inventory grew from 2.5 months supply to 3.2 months
*Demand for single-family rentals climbed while townhome/condo rentals fell
Although the Houston market may experience a cool period with current oil prices, the market is much more diverse with other industries still hiring and relocating offices to Houston. This is still a great time to buy or sell a home! Let us know how we can help!
The Stewart Team