August 2009

There are 1 blog entries for August 2009.

Houston Real Estate Market & Trends

Sunday, August 23rd, 2009 at 1:27pm. 138 Views, 0 Comments.

The Houston real estate market saw continued activity among first-time homebuyers which translated to a significant improvement in single-family home sales in Houston in July 2009. In fact, Houston saw the highest sales volume since July 2008 and the second highest median price in history. The Houston real estate market did see some declines in some segments, however these declines are the smallest recorded since the economic downturn began in the fall of 2007.

Although the Houston real estate market never saw the “meltowns” or huge declines of most large cities (and small) In fact, many Houston neighborhoods had it’s residents scratching their heads wondering “what downturn” as their properties continued to sell for top dollar.

With Houston’s strong…

Read Full Post »