Home Buyers Keep the Houston Real Estate Market Humming in August

August marked the 15th consecutive month of positive home sales across the greater Houston area, with single-family homes selling at the greatest one-month volume since August 2007. Buyers gobbled up enough properties to drive inventory down to a level last seen more than 10 years ago.

The latest MLS release with August 2012 residential sales statistics has been posted in the HAR Newsroom. Please click HERE to read the release. For your convenience, you may also view the video of HAR Chairman Wayne Stroman discussing the statistics embedded within the release.

In an effort to keep you as informed as possible about the real estate market, we wanted to make you aware of the latest statistics. Obviously, it is important to remember that "all real estate is local," and these figures are for the aggregate of the greater Houston area. That is why we strive to encourage all consumers to seek the guidance and assistance of their REALTOR® who has the most experience and market knowledge about their particular localized market.