The real estate market analyst for HoustonRealNews recently reported that the city's sales were strong in January. Inventory continues to shrink as demand stays high.
Per their site, "The Houston Association of Realtors' (HAR) monthly report shows that the Houston market is still very strong. According to HAR, Houston's year-over-year median price grew 2.9% to $142,00 and the average price increased 1.4% to $181,350. The number of home sales grew at 8.1% over January 2006."
The statistics are still in line with the real estate outlook they reported in January. Houston is a great market that we're excited to start working in. We'd identified them in a previous post as one of the best cities to buy real estate in Texas.
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