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The Houston Real Estate market remains stronger than most people expected. With oil prices being so low, conventional logic would dictate less demand, and therefore higher inventory and a softer market. That might be the case in some areas for the high end properties, but we are experiencing very short days on the market and multiple offers on homes under $1M that have current improvements and are turnkey. This is especially true on properties priced under $350K. 1 story homes are in especially short supply as are homes with nice pools. In my opinion, our glorius spring like weather could be a contributing factor!
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