Houston's Current Real Estate Market Conditions

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Posted by Kamica Hampton
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Houston, Tx Metropolitan Area

Forechange: third quarter, 2013 - third quarter, 2014 +3.9%
Forechange: third quarter, 2014 - third quarter, 2015 +1.1%

Market fundamentalsMedian Family Income
(Second quarter 2013)
$67,700
Median Home Price
(Third quarter 2013)
$187,000
Change in Home Prices
(From Third quarter 2012 through Third quarter 2013)
+11.4%
Worst 1-Year Home Price Change
(1980-2013)
-9.6%
(1985:Q3 )

Home sales are flocking, and they are at a record high for the city since 2006. Foreclosures are also becoming a pretty lucrative market in the Houston Realty Market. 

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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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