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How Is the Houston Market Improving?
Manage episode 156242307 series 1181693
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Considering Buying? GO HERE to perform a Full Home Search, or if you're a prospective seller, CLICK HERE to receive a Free Home Value Report. For any other questions, feel free to call me at (281) 599-6575, or shoot me an email at rdr@daleross.com.
The great news right now in the Houston market is that interest rates are still low and buyers still have faith in the market. There will come a point when many home buyers will decide to wait another 6 months to start buying again, and when that happens we are going to start to see some declines in buying activity.
The biggest challenge sellers are having is that there is only one buyer out there for every 5 sellers. We are seeing 1 out of every 5 homes sell, and the rest are sitting. A lot of people are listing their homes right now and as long as petroleum stays in the $30 per barrel range, we expect this to continue.
One other thing we wanted to mention is to remember to protest your property taxes. I can help you with that. Head over to drtaxprotest.com and I’ll send you the info you need to protest them in 2016.
If you have any questions for me, don’t hesitate to reach out. I’d love to get a call or email from you!
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