Houston Market Update - April 27, 2020

Weekly Market Update April 27, 2020

Here is our update on the Houston Real Estate market. ??
Median Sold - price $249,995 and 21 days on market.
Median Active - price $285,000.
Contact me for specific area or subdivision data.
~Data from HAR MLS - current active listings and sold data April 19th - April 25th~

For the home seller:

The Houston real estate market is still going and sales are happening. Due to the low inventory home prices are staying strong and increasing in some areas. In additional, at this time buyers looking at homes are motivated and qualify. We also have processes and procedures in place to promote safety for all involved during the home selling process. 

For the home buyer:

The low interest rates gives you more purchasing power and you can take advantage of some of the programs still available. We are going through changes in many change in lending programs and more stricter lending terms. Even if you are just curious, take the time to talk to a mortgage professional and see what is available for you.