| What to Look For in Houston Real Estate | | | | to create some stability in the Houston home sales |
| It appears that Houston has been one of the few | | | | market. |
| markets in the country that has escaped to some | | | | To take advantage of the current real estate |
| extent the real estate downturn seen in most of the | | | | situation, you should search out a realtor who has |
| rest of the country. Despite the normal seasonal | | | | professional experience in a wide variety of |
| slowdown in real estate sales at the end of summer, | | | | properties at different price points. These |
| Houston remained ahead of 2005 in terms of sales | | | | professionals have the depth of experience to help |
| and pricing and its inventory of homes relative to | | | | you determine what price range is right for you, |
| sales is still well below the 10 year average. This | | | | what area is appropriate and what the best strategy |
| bodes well for both buyers and sellers in the Houston | | | | is for the sale of your existing home if you are |
| market | | | | moving up to a larger home. |
| The Houston real estate market is experiencing | | | | Establishing a relationship with an experienced realtor |
| weakness but it remains much better off than the | | | | will help to make the search for the right home much |
| national numbers that have been reported and the | | | | easier. Real estate professionals make it their goal to |
| numbers that are being forecast. In major listing | | | | keep their finger on the pulse of the market in their |
| categories, Houston's overall housing market has seen | | | | area. They know which areas are selling, which are |
| mixed results with increases in median sales price and | | | | steady, where the best schools are and what the |
| average sales price on a year-over-year basis. | | | | recreational activities are in each area. Establishing |
| However, a noteworthy decline is being seen in both | | | | your personal criteria with a realtor will go a long way |
| total property sales and total dollar volume. Total | | | | toward making your search for the perfect home in |
| year-to-date properties sales have been down but | | | | the Houston area a simple job. In summary, the |
| not too significantly. | | | | Houston market is still a viable market for both |
| The sub-prime and foreclosure issues are still a drag | | | | buyers and sellers. As always, the business |
| on prices and sales. Sales prices are holding up | | | | community is thriving which makes the Houston |
| relatively well, however, and the mortgage | | | | market even more attractive. |
| adjustments are working through the system helping | | | | |