How Hot Is the Houston Real Estate Market?
Is the Houston housing market still hot?
Many people have been reaching out to us to ask questions about what’s going on in the market. Are home values expected to decline? What are interest rates going to do? Of course, COVID has created some scarcity and incited some fears about the market, but other areas have been accelerated. Today we’ll give you an overview of what’s happening in today’s market and how that affects your prospects as a buyer or seller.
Follow along in the video above or else use the timestamps below to navigate the discussion at your leisure:
0:00 — Introduction
0:51 — Available inventory in the market
2:11 — Homes are selling for more than list price and with multiple offers
3:11 — Options for buyers
4:08 — Economists predict that interest rates will increase in 2022
5:02 — Home values aren’t expected to drop
5:31 — Houston is more affordable than many places in the country
6:00 — The rental market is healthy
6:30 — Tips for first-time homebuyers
7:00 — Our “Love It Or Leave It” program for sellers
If you have questions about your specific market area or anything to do with real estate, don’t hesitate to reach out to us via phone or email. We’d love to speak with you.