A blog covering the Houston Texas real estate market. Monthly updates are given on the state of the Houston market along with news and events in Houston.
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The biggest jump in price category quantity continues to be seen with extremely low priced homes, i.e. homes under $70,000. All these price points show higher percentages of homes than they did in 2008; however, the number of homes sold pales in...
The Houston real estate market in October 2009 looked much better than in October 2008; the number of house sales increased 14 percent from last year. Although the market is down 8 percent over two years, October 2009’s 5388 sales showed an increase...
The preliminary data on price distribution have been released. It is detailed below.
Price Range
Percent Distribution
# of Sales
2008
2009*
2008
2009*
Change
$29,999 or less
1.7
1.9
1105.97
1236.08
11.76%
30,000 -...
Houston’s real estate market finally shows a solid sign of recovery. Home sales were up 31 percent from September 2008 and only down 5 percent from September 2007. There were 5315 homes sold in September 2009. This is the lowest number of sales...
The Houston Real Estate Market saw 5,555 home sales in August 2009. August dipped below July’s sales by 724 homes. Not only did August not hit July’s precedent, the sales are also abysmal compared to previous August sales. In August 2008, there...